Nine companies will announce their results today, including Hindustan Zinc and Mindtree. HindZinc is expected by analysts to report strong results, crossing 30% in Q4 profits yoy and at least 50% revenue growth. HDFC Securities expects that Hindustan Zinc will report a 70% YoY rise in sales for the fourth quarter, hitting Rs 5,220 crore. Overall, despite volatility in zinc prices, HZL has been able to  deliver growth in earnings consistently through its quarters.

RBI's new asset quality rules are visible in muted bank results so far, with Yes Bank Ltd and IndusInd Bank Ltd reporting a sharp rise in their quarterly bad loan provisionings. It is estimated that public sector banks may see a 5-15% impact on their earnings, while private sector lenders will see an impact of 1-2% on earnings due to these new rules. RBI has also asked banks to review their exposure to the telecom industry, which is seeing falling revenue per customer due to the effect of Jio freebies on customers. 

Stock in spotlight: Sun TV Network, which is gaining in share price on expectations of strong results, and the resolution of the five year dispute between Arasu Cable and TRAI, which had limited digitization of 17 million analog Tamil Nadu homes.  The MSO has been granted three months to complete the digitization of its analog network.

Photo of the day: People transport bamboo logs down the Longai river near Tripura-Mizoram. AFP/Getty