HCL Technologies announced a revenue growth of 14.2% YoY and 2.6% QoQ for its third quarter, logging in Rs. 11,814 crores of revenue.  Net income is up 7.8% YoY and 2.8% QoQ. The company's guidance for FY'17 revenues is growth between 12% to 14%, and the company says that they expect the final number to be "in the middle of this range". Growth in the financial services vertical for HCL is below average at 5.4%, pointing to the continued headwinds in this sector.

President Donald Trump has begun closing ranks against trade deals, marking a new era in global trade policy. Trump reversed Obama's participation in the Trans-Pacific Partnership, a global trade deal, and plans to renegotiate other deals in moves that Indian IT, Pharma and other companies that do significant business with the US are watching closely. Trump said that his priority was to "bring jobs back to the US", and that "We’re going to stop the ridiculous trade deals that have taken everybody out of our country and taken companies out of our country".

Stock in spotlight: IOC hits a new 52 week high  today as the company announces expansion plans and ramps up its Paradip refinery. 

Photo of the day: People attend a mass marriage ceremony in Mumbai, India. Danish Siddiqui/Reuters