Market Movers: Key Stocks in Focus on January 20, 2025

Several major companies are in the spotlight today as Q3 earnings season intensifies. Wipro shares may react positively after reporting a 24.4% YoY rise in Q3 profit to Rs 3,354 crore. Zomato and Paytm will announce their Q3 results today, with analysts expecting Paytm's revenue to decline 34% YoY. IDBI Bank shares will be watched as its divestment process advances to the next stage. Adani Energy Solutions is in focus after its subsidiary executed a share purchase agreement to acquire Superheights Infraspace Private Limited. The broader market sentiment remains cautious ahead of a busy earnings week.

Source: Business Standard, January 20, 2025