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Dr Reddy's shares jump 5% despite 14% YoY fall in Q3 profit. Should you buy, sell or hold?
Dr Reddy's shares: The company posted a 14% year-on-year decline in consolidated net profit to Rs 1,210 crore.
Gold prices corrected sharply after easing geopolitical tensions linked to Greenland, while silver gained. Analysts expect near term volatility and advise investors to stay cautious, avoid fresh positions and wait for clearer cues from global data and currency movements.
Indian stock markets bounced back strongly on Thursday. This recovery ended a three-day losing spell. Investor confidence returned as global markets showed positive movement. The BSE Sensex and Nifty 50 saw significant gains. This rally helped restore investor wealth. U.S. President Donald Trump's statements eased market jitters. He ruled out force for Greenland and dropped tariff plans on Europe.
Eternal shares jump 7% on Q3 beat, leadership shift. What should investors do?
Eternal shares surged following strong Q3FY26 earnings, with net profit jumping 73% YoY and revenue soaring 201% YoY. The company announced founder Deepinder Goyal will transition to Vice Chairman, with Blinkit CEO Albinder Singh Dhindsa appointed as the new CEO. Analysts maintain Buy ratings, citing growth momentum and margin expansion.
Q3 Results Today, 22nd Jan 2026 Live Updates: Find all the latest Q3 results 2026 updates
High conviction picks! PL Capital selects 4 stocks with upside potential of up to 40%
PL Capital has identified four stocks with significant upside potential, ranging up to 40 per cent. These selections come as the Nifty faces challenges from geopolitical tensions and foreign investor outflows. The brokerage has also removed six stocks from its high conviction list.
Tata Communications Q3 profit jumps 55% on data, margin gains amid AI push
Tata Communications announced a significant 55% rise in quarterly net profit, reaching Rs 365 crore. This growth was fueled by robust performance in its data services segment and better profit margins. The company is also preparing to launch new AI-first digital infrastructure platforms. These initiatives are expected to drive future expansion and enhance customer interactions.
The Indian rupee may weaken further and breach 92.25 amid sustained FPI outflows, rising global yields and trade-war pressures, warns Kotak Securities Anindya Banerjee. While RBI intervention continues, markets are watching the Union Budget for cues that could stabilize the currency and revive investor confidence in a volatile global environment.
Rs 19,000 crore FII selloff: Banks, IT, FMCG worst hit. Metals only bright spot
Foreign institutional investors have divested Rs 19,015 crore from Indian equities in early 2026, heavily impacting banks, IT, and FMCG sectors. Metals, however, emerged as a bright spot, attracting significant foreign inflows. Despite the sell-off, domestic brokerages see opportunities in diversified financials, banks, and healthcare.
Indias wealth boom sparks M&A frenzy as banks chase affluent clients
Bernstein estimates Indias serviceable wealth will triple from $3 trillion in FY25 to $9 trillion by FY35, fuelling a wave of acquisitions and partnerships in the wealth management sector.
Market volatility before Budget may be a buying chance: banks, consumers key bets: Pankaj Murarka
Indian equity markets are volatile ahead of the Union Budget, but long-term investors may find opportunity. Pankaj Murarka of Renaissance Investment Managers says FII selling and midcap corrections have normalized valuations, while strong fundamentals, improving earnings growth and potential budget-led stimulus make banking and consumer stocks attractive for patient investors.
As India prepares for Budget 2026, Carnelian Asset Management's Vikas Khemani emphasizes sustained growth through enhanced capex execution and R&D investment. He advocates for meaningful tax reforms, including addressing double taxation on dividends and STT, to boost investor confidence and long-term momentum.
As Budget 2026 approaches amid geopolitical risks, investors anticipate policy clarity and potential capital gains tax relief. Despite muted returns, measured expectations create room for positive surprises, with domestic SIPs expected to continue their steady rise. Private sector banks are poised for growth as the interest rate cycle nears its end.
PhonePe IPO: Walmart to cut 9% stake, Microsoft, Tiger Global to exit
Bengaluru-based PhonePe has filed an updated draft red herring prospectus for its IPO, detailing a pure offer-for-sale of up to 5.06 crore shares. This move will see a partial exit for major backer Walmart and a full sell-down by early investors Microsoft and Tiger Global. The company has received in-principle approval to list on the BSE and NSE.
Senco Gold shares in focus after deal to acquire 68% stake in Melorra
Senco Gold is set to acquire a 68% stake in Melorras parent for Rs 68 crore, strengthening its digital and omnichannel presence. The move targets younger consumers, enhances design capabilities, and supports long-term growth, though near-term technical indicators suggest subdued momentum.
CreditAccess Grameen among five stocks showing bullish RSI upswing
On January 21, five Nifty500 stocks gaining over 3% featured in the RSI Trending Up scan, based on StockEdge data. An RSI move above 50 from lower levels signals strengthening momentum, reflecting improving sentiment and rising buying interest. Traders track such setups for potential near-term upside opportunities.
Shadowfax IPO Day 3 Live Updates: GMP drops to 1%; issue subscribed 60% so far. Should you bid?
Oil edges up after Trump steps backs from tariff threats over Greenland
Oil prices saw a slight increase as President Trump eased trade war fears by stepping back from tariff threats over Greenland. This de-escalation supports global economic outlook and oil demand. Additionally, hopes for no further U.S. military action in Iran, coupled with supply disruptions in Kazakhstan, are also influencing the market, though rising U.S.
Tata Motors PV Share Price Live Updates: Tata Motors PV faces a challenging three-month period
Adani Ent Share Price Live Updates: Adani Enterprises' returns take a hit
Bajaj Finserv Share Price Live Updates: Bajaj Finserv's recent performance
UPL Share Price Live Updates: UPL's three-month performance shows a slight gain
TCS Share Price Live Updates: TCS maintains a positive trajectory with recent returns
Jio Financial Services Share Price Live Updates: Jio Financial Services reports daily gain
Britannia Share Price Live Updates: Britannia's 3-Month Return Summary
Grasim Inds Share Price Live Updates: Grasim Industries' recent returns reflect market struggles
ICICI Bank Share Price Live Updates: ICICI Bank's 3-Month Return Analysis
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's three-month returns reflect a downturn
Tech Mahindra Share Price Live Updates: Tech Mahindra showcases strong growth in recent months
LTIMindtree Share Price Live Updates: Strong performance from LTIMindtree
Axis Bank Share Price Live Updates: Axis Bank's Recent Returns
Hindalco Share Price Live Updates: Hindalco's three-month performance impresses investors
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ's performance under scrutiny
HUL Share Price Live Updates: HUL experiences a decline in returns
Infosys Share Price Live Updates: Infosys shines with strong quarterly returns
Coal India Share Price Live Updates: Coal India delivers solid returns
L&T Share Price Live Updates: L&T's three-month performance shows negative returns
ITC Share Price Live Updates: ITC experiences significant decline in returns
Kotak Bank Share Price Live Updates: Kotak Bank's 3-Month Decline
Dr Reddys Share Price Live Updates: Dr. Reddy's Laboratories experiences a downturn
Nestle India Share Price Live Updates: Nestle India reports a slight drop in returns
Titan Company Share Price Live Updates: Titan Company reports notable returns
BPCL Share Price Live Updates: BPCL's Recent Market Returns
JSW Steel Share Price Live Updates: JSW Steel's three-month return highlights gradual growth
Cipla Share Price Live Updates: Cipla's Market Performance Review
Divis Labs Share Price Live Updates: Divis Labs reports significant three-month return drop
Wipro Share Price Live Updates: Wipro's 3-Month Return Overview
ONGC Share Price Live Updates: ONGC experiences a dip in returns
SBI Share Price Live Updates: SBI's three-month return signals investor confidence
Apollo Hospital Share Price Live Updates: Apollo Hospital experiences a decline in returns
HDFC Life Share Price Live Updates: HDFC Life's three-month returns reflect a decline
A leadership change, taxation ruling, new launches and contracts among reasons why these stocks will remain in focus today
US dollar buoyed by Trump's Greenland about-face; Aussie jumps after jobs data
The U.S. dollar held its ground against major currencies. President Trump withdrew tariff threats on European NATO nations regarding Greenland. This move eased market fears. The Swiss franc retreated from a three-week high. Gold also fell from its peak. The Australian dollar reached a 15-month high. The yen remained under pressure.
Gold falls as Trump softens stance on EU tariff threats
Precious metals experienced a retreat on Thursday as geopolitical tensions eased following President Trump's de-escalation of tariff threats and proposals concerning Greenland. A firmer dollar also contributed to the price decline. Traders are now awaiting key U.S. economic data for further direction on monetary policy.
Positive Breakout: These 9 stocks cross above their 200 DMAs
9 stocks signal a bullish trend shift as they decisively cross above their 200-day moving averages, indicating improving long-term momentum.
Shayona Engineering IPO: Check GMP, price band, subscription and other details
Shayona Engineering's IPO opens for subscription on Thursday. The company enters the SME primary market with a flat grey market premium. This suggests muted expectations for immediate listing gains. The IPO aims to raise Rs 14.86 crore through a fresh issue of shares. Investors will watch for execution capabilities and margin sustainability.
Hannah Joseph Hospital IPO opens for subscription. GMP among key details to know
Hannah Joseph Hospital's Rs 42 crore IPO opens Thursday with a flat grey market premium, indicating cautious investor sentiment. The issue, priced between Rs 67 and Rs 70, aims to raise funds for expansion, including a radiation oncology center. The hospital, operating in Madurai since 2011, reported steady financial growth.
Armour Security IPO shares to list today. Check GMP ahead of debut
Armour Security India is poised for its NSE SME debut with muted grey market sentiment, showing a 0% premium. The Rs 26.51 crore IPO, fully a fresh issue, saw modest subscription of 1.82 times. The private security and facility management firm, serving diverse sectors nationwide, plans to utilize IPO funds for working capital, equipment, and debt repayment.
Q3 results today: IndiGo, Adani Green among 57 companies to report earnings on Thursday
Many companies will announce their December quarter results today. IndiGo's earnings are expected to be mixed. Revenue is predicted to grow, but profits may fall. This is due to higher costs and lower ticket prices. Other key companies like Adani Green and DLF will also share their financial performance. Investors are watching these announcements closely for market direction.
Wall Street ends higher as investors cheer Greenland framework deal, averted tariffs
Wall Street surged on Wednesday, with the S&P 500 posting its largest one-day gain in two months. Investors celebrated the averted U.S. tariffs on European allies, stemming from a framework agreement on Greenland. This positive news contrasted sharply with the previous day's selloff, boosting all major benchmarks.
GIFT Nifty up 200 points; here's the trading setup for today's session
Indian equities declined for a third straight session, with stock-specific action anticipated from major company earnings. Analysts foresee a sideways trading range for the Nifty, influenced by ongoing results and global sentiment. The India VIX surged, reflecting increased market fear, while the rupee hit an all-time low against the dollar amid foreign fund outflows.
Stocks in news: Eternal, IndiGo, Adani Green, Dr Reddy's, Vodafone Idea
Markets closed lower amid weak cues, with the Nifty nearing its 200 DEMA. Select heavyweight stocks may offer short-term relief due to oversold conditions. Companies like Eternal, IndiGo, and Dr Reddy's are in focus due to Q3 results and news developments.
Asian stocks gain after Trump touts Greenland deal
Asian stocks rose, mirroring Wall Street's gains, as President Trump's comments on a framework deal regarding Greenland eased market concerns. Precious metals retreated, with gold and silver falling. The US president's remarks signaled a de-escalation of geopolitical and trade tensions, leading to a return of risk appetite in equities.
PFC's zero coupon bonds a smart bet with tax advantage
Investors are exploring Power Finance Corporation zero coupon bonds for diversification. These bonds offer attractive post-tax returns, surpassing bank deposits and tax-free bonds. With falling interest rates, there is potential for capital appreciation in the coming years. The issue is currently open for subscription, providing an opportunity to lock in gains.
India cracks down on privacy cryptos, flags money laundering risks
India is taking a strong stance against privacy cryptocurrencies. The Financial Intelligence Unit has directed crypto exchanges to stop dealing in these virtual assets. This move aims to curb money laundering and mask transaction trails. Privacy coins like Monero and Zcash use advanced cryptography to hide user identities and transaction details. This directive could significantly impact trading on recognized platforms.
FDI inflows dip marginally, outflows fall sharply
India experienced a slight dip in gross FDI to $6.4 billion in November, while net FDI saw a reduced outflow of $446 million. Singapore, Mauritius, the US, and the UK were major contributors to outward FDI, primarily directed towards manufacturing, financial, insurance, and business services sectors.
Tiger Global ruling may complicate tax insurance for M&As, caution advisers
After a Supreme Court ruling on Tiger Global's capital gains tax liability, insurance firms may tighten scrutiny on M&A deals, raising premiums and imposing stricter terms. This landmark decision could reshape insurance for tax liabilities in future transactions.
UTI AMC's Q3 PAT flat at Rs 138 crore
UTI Asset Management reported a profit after tax of 138 crore for the December 2025 quarter. This figure remained largely stable compared to the previous year. Sequentially, profits saw a significant increase of 29%. Revenue from operations also grew by 24% to 517 crore. However, UTI AMC shares experienced a decline of 6.62%.
Kalyan shares fall the most in 3 years as stake-sale fears spook investors
Kalyan Jewellers' shares plummeted over 12% on Wednesday, marking their steepest single-day fall in three years and extending a nine-session losing streak. Investors are nervous due to concerns about a mutual fund potentially reducing its stake, coupled with an increase in promoter share pledging. Margin calls also contributed to the significant decline.
While this payment was issued in the end of 2025 itself, its confirmation by the IRS as well as the treatment has seen one million taxpayers reshaping their household finances in 2026 and is also helping citizens plan their budgets in the coming months.
FMCG firms seen posting mid-to-double digit Q3 growth as volumes recover
FMCG companies anticipate mid-single to low-double-digit revenue growth in the December quarter, fueled by volume increases, easing GST disruptions, and stable pricing. Resilient rural demand and portfolio premiumization are key drivers, with ITC and HUL expected to show healthy improvements. Nestle India is poised for double-digit revenue growth as post-GST normalization continues.
Foreign investors not done with selling, FMCG tops list in 2026
Foreign investors withdrew 22,420 crore from Indian markets in early January 2026. The FMCG sector saw the largest sell-off, losing shares worth 6,128 crore. Financial services and IT also experienced outflows. Investors are reportedly sensitive to high valuations in FMCG. Metals and mining was the only sector to see significant foreign buying.
Your power bills may rise annually after Centre proposes index-linked pricing
The power ministry has also recommended setting up stabilization funds by discoms to manage power purchase cost fluctuations. This would potentially imply even higher bills for consumers every month.
Wall Street seeks to shape Trump affordability ideas, sources say
Major Wall Street banks are pushing back on some of President Donald Trump's ideas for lowering the U.S. cost of living ahead of mid-term elections, while suggesting others in an effort to shape policy, sources familiar with the discussions said.
Nvidia boss sees 'trillions' in AI spending ahead
The infrastructure to develop and power generative artificial intelligence models will require further rillions of dollars in investment, the head of top AI chipmaker Nvidia said Wednesday.
Netflix shares fall 4% as co-CEOs go on defensive over $83 billion Warner Bros deal
Netflix's co-CEOs found themselves in an unusual position after the company's latest earnings report: on the backfoot. The streaming pioneer's decision to plunk down nearly $83 billion on Warner Bros' assets marks a significant departure from the company's long-standing mantra: build, don't buy.
JPMorgan's Dimon warns of 'economic disaster' as Trump backs credit card rate cap
JPMorgan Chase CEO Jamie Dimon warned on Wednesday that a proposal to cap credit card interest rates would amount to economic disaster, while U.S. President Donald Trump doubled down on the idea and said he was asking Congress to approve the move.
Homebuyers' body FPCE seeks interest subsidy on home loans to boost demand for affordable housing
Homebuyers' body FPCE has demanded that the government in the upcoming Budget provide interest subsidy on home loans to people purchasing affordable and mid-income housing.
Nearly 3,800 acres land deals in 2025 for housing, commercial, data centre projects: Anarock
Real estate consultant Anarock on Wednesday said that at least 126 land deals totalling 3,772 acres were closed last year for the development of housing, commercial, mixed-use, warehousing and data centre projects.
US construction spending rebounds in October amid renovations
U.S. construction spending increased more than expected in October, likely reflecting home renovations, with activity elsewhere weak.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets stayed volatile as global risks, weak banking and IT earnings, and a falling rupee hurt sentiment. Late value buying trimmed losses, while analysts warned volatility may persist, with selective accumulation opportunities emerging amid resilient domestic demand ahead soon.
Telecom Regulatory Authority of India (TRAI) is examining the pricing issues which the companies are facing in deploying a network at the Adani Group-owned Navi Mumbai International Airport (NMIAL).
Rupee slumps 73 paise to 91.69 against dollar
Dragged by FPI selling in equity markets, US-EU standoff on Greenland
RBL Bank bulk deal: BNP Paribas sells 60 lakh shares worth Rs 178 crore; BofA picks up stake
BNP Paribas sold 60 lakh RBL Bank shares via a bulk deal, reducing its stake, while BofA Securities bought in. The transaction came amid recent stock weakness, despite strong one-year returns, improved asset quality, and robust profit growth.
MMT Q3 net profit at $7.3 million, operating revenue at $295.7 million
MakeMyTrips Q3 net profit fell 73% to $7.3 million as finance costs surged after its capital raise, even as revenues, operating profit and hotel bookings grew, aided by portfolio diversification and AI-led efficiency initiatives despite slower domestic air travel growth.
