Global Market Futures (as of 06:15 AM IST)
US Market (Futures)
Nasdaq: -0.96%
Dow Jones: -0.64%
S&P 500: -0.73%
European (Futures)
Ftse 100: -0.36%
Cac 40: -1.47%
Dax : -1.11%
Asian (Live Markets)
NIKKEI 225: -1.30%
KOSPI: -0.12%
ASX 200: -0.29%
Gift Nifty: 25702.00 (-0.14%)
FII and DII Trading Activity January 16, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹4,346.13 crore
DIIs: Net Buy of ₹3,935.31 crore
Commodity Market Updates:
International commodity markets displayed mixed trends on January 19, 2026. Precious metals shone brightly, with gold (XAU/USD) reaching $4,684.44, up 1.90%, and silver climbing to $93.728, gaining 5.61%. Base metal copper edged lower to $5.9198, down 1.52%.Energy sector weakened, as WTI crude oil fell 0.22% to $59.21 and Brent crude oil dipped 0.40% to $64.00. Natural gas provided a counterpoint, surging 11.67% to $3.471.
Key Drivers
Safe-haven demand propelled gold and silver amid geopolitical tensions, while ample oil supply pressured crude prices. Copper's decline reflects softer industrial demand, and natural gas rallied on cold weather forecasts. Overall, markets reflect divergent risk sentiments
Results Today:
LTIMindtree, Punjab National Bank, Tata Capital, Aarti Surfactants, Bharat Heavy Electricals, Ceat, Hatsun Agro Product, Havells India, Hindustan Zinc, Indian Railway Finance Corporation, Oberoi Realty, Apollo Techno Industries, and Atlanta Electricals will announce their quarterly earnings on January 19.
Key Quarterly Earnings:
Reliance Industries – Q3 FY (Consolidated YoY)
Reliance Industries reported steady Q3 performance with consolidated profit rising 1.6% to ₹22,290 crore, supported by a strong 10% revenue growth to ₹2.93 lakh crore. EBITDA increased 6.1% to ₹50,932 crore, reflecting operational resilience. However, EBITDA margin moderated to 17.3% from 18%, indicating cost pressures amid expansion.
Jio Platforms – Q3 FY (Consolidated YoY)
Jio Platforms delivered a robust quarter with profit jumping 11.2% to ₹7,629 crore on strong subscriber monetisation. Revenue surged 12.7% to ₹43,683 crore, while EBITDA rose 16.4% to ₹19,303 crore. Margin expanded sharply to 51.8%. ARPU improved 5.1% to ₹213.7, highlighting pricing strength.
HDFC Bank – Q3 FY (Standalone YoY)
HDFC Bank posted healthy earnings growth with profit rising 11.5% to ₹18,653.8 crore, aided by stable asset quality. Net interest income grew 6.4% despite margin pressures. Provisions declined 10%, reflecting improved credit costs. Gross and net NPAs remained flat QoQ, underlining balance sheet stability.
ICICI Bank – Q3 FY (Standalone YoY)
ICICI Bank’s profit declined 4% to ₹11,317.9 crore due to a sharp rise in provisions, which more than doubled YoY. Net interest income remained strong, growing 7.7%. Asset quality improved with lower gross and net NPAs QoQ. The board approved MD & CEO Sandeep Bakhshi’s reappointment for two more years.
Wipro – Q3 FY (YoY)
Wipro reported a 7% decline in consolidated profit to ₹3,119 crore despite modest revenue growth. IT services revenue rose 4.9% in rupee terms, while dollar revenue was largely flat. Operating margin improved slightly to 17.6%. Q4 guidance remains cautious, indicating flat-to-low single-digit sequential growth.
Tech Mahindra – Q3 FY (Consolidated YoY)
Tech Mahindra delivered a strong turnaround quarter with profit rising 14.1% to ₹1,122 crore. Revenue grew 8.3%, supported by sharp operating leverage. EBIT surged 40.1%, driving margin expansion to 13.14%. Dollar revenue grew 2.7%, reflecting gradual recovery across key verticals and improved execution.
IDBI Bank – Q3 FY (Standalone YoY)
IDBI Bank posted marginal profit growth of 1.4% to ₹1,935.5 crore, even as net interest income declined sharply by 24%. Asset quality continued to improve, with gross and net NPAs falling QoQ. Provisions reflected a write-back, indicating better recoveries and improving credit metrics.
Yes Bank – Q3 FY (Standalone YoY)
Yes Bank reported strong earnings recovery with profit surging 55.4% to ₹952 crore, driven by higher NII and sharply lower provisions. Net interest income grew 10.9% YoY. Asset quality improved modestly with lower gross NPAs, while net NPAs remained stable, reflecting sustained balance sheet repair.
RBL Bank – Q3 FY (Standalone YoY)
RBL Bank posted a sharp turnaround as profit surged over six-fold to ₹214 crore, aided by a steep decline in provisions. Net interest income grew 5%, while asset quality improved sequentially with lower gross and net NPAs. The quarter highlights stabilisation in credit costs and profitability momentum.
UCO Bank – Q3 FY (YoY)
UCO Bank delivered steady performance with profit rising 15.8% to ₹739.5 crore, supported by strong NII growth and lower provisions. Asset quality improved further, with both gross and net NPAs declining QoQ. The results reflect continued strengthening of the balance sheet and operational efficiency.
Punjab & Sind Bank – Q3 FY (YoY)
Punjab & Sind Bank reported a 19.3% rise in profit to ₹336.4 crore, aided by higher interest income. However, provisions increased 26% YoY. Asset quality improved sequentially with lower gross and net NPAs. The bank continues to show gradual improvement despite elevated provisioning levels.
Rossari Biotech – Q3 FY (Consolidated YoY)
Rossari Biotech posted modest profit growth of 3.4% to ₹32.8 crore, while revenue rose a healthy 13.4% driven by volume growth across segments. Margin expansion remained limited, indicating cost pressures. The company continues to focus on scaling specialty chemicals with steady topline momentum.
L&T Finance – Q3 FY (Consolidated YoY)
L&T Finance reported strong earnings with profit rising 17.9% to ₹738.6 crore, supported by healthy 13.4% growth in net interest income. The performance reflects improving asset quality, controlled credit costs, and steady loan book expansion across retail-focused segments.
Indosolar – Q3 FY (YoY)
Indosolar delivered an exceptional quarter with profit surging over four-fold to ₹41.5 crore and revenue nearly doubling YoY. The strong performance reflects operational ramp-up and favourable industry conditions. The company also announced leadership changes, with Jignesh Rathod appointed CEO following Amit Paithankar’s resignation.
JB Chemicals & Pharmaceuticals – Q3 FY (Consolidated YoY)
JB Chemicals reported strong earnings growth with profit rising 21.8% to ₹197.9 crore, supported by a 10.5% increase in revenue. Improved operating efficiency and steady domestic and export demand contributed to margin expansion, reflecting consistent execution across key therapeutic segments.
Bajaj Healthcare – Q3 FY (YoY)
Bajaj Healthcare posted strong growth with profit rising 33.7% and revenue up 31.3% YoY. The performance was driven by robust demand across APIs and formulations, along with operating leverage benefits. The company continues to scale operations amid improving profitability metrics.
SML Mahindra – Q3 FY (YoY)
SML Mahindra reported a sharp turnaround, with profit jumping to ₹17.54 crore from a negligible base last year. Revenue surged 62.5% YoY, driven by strong demand in the commercial vehicle segment. Improved volumes and operating leverage significantly boosted profitability.
Sobha – Q3 FY (Consolidated YoY)
Sobha reported a weak quarter with profit declining 29% to ₹15.4 crore and revenue falling 23% YoY. Lower project completions and muted real estate demand impacted performance. Margin pressures persisted, reflecting challenges in execution and slower sales momentum during the quarter.
JSW Infrastructure – Q3 FY (Consolidated YoY)
JSW Infrastructure posted steady growth with profit rising 8.9% to ₹359.1 crore, supported by a 14.2% increase in revenue. Higher cargo volumes and improved operational efficiency aided performance, highlighting the company’s strong positioning in port-led logistics.
Poonawalla Fincorp – Q3 FY (Consolidated YoY)
Poonawalla Fincorp delivered a standout quarter with profit surging eight-fold to ₹150.2 crore. Revenue jumped 50% YoY, reflecting strong loan growth and improved yields. The sharp earnings rebound underscores successful business restructuring and improved asset quality.
Jindal Saw – Q3 FY (Consolidated YoY)
Jindal Saw reported a weak quarter with profit declining 49% to ₹258 crore amid a 6.2% drop in revenue. Lower demand and margin pressures weighed on performance. The results indicate near-term challenges across key segments, despite the company’s strong long-term fundamentals.
Himadri Speciality Chemical – Q3 FY (Consolidated YoY)
Himadri Speciality Chemical posted strong earnings with profit rising 35.3% to ₹192.2 crore, supported by stable revenue growth. Margin expansion drove profitability despite modest topline increase, reflecting cost optimisation and strong demand for value-added specialty products.
Key Corporate & Economy Updates:
Positive:
NIS Management Ltd: Secured a new order valued at ₹103.6 million, strengthening its near-term revenue visibility and execution pipeline.
Ceinsys Tech Ltd: Won a contract worth ₹113.4 million, supporting order book growth and reflecting continued traction in government and enterprise projects.
Rail Vikas Nigam Ltd (RVNL): Emerged as the lowest bidder for a South Eastern Railway project valued at ₹875.6 million, reinforcing its strong positioning in railway infrastructure execution.
Concord Control Systems Ltd: Received an order of approximately ₹470 million, enhancing medium-term revenue prospects.
JSW Infrastructure: Reported strong Dec-quarter performance with consolidated revenue of ₹13.5 billion and net profit of ₹3.59 billion; also completed acquisition of 100% stake in JSW Overseas EZE, expanding its international logistics footprint.
Indosolar Ltd: Reported Dec-quarter revenue of ₹2 billion and PAT of ₹414.7 million, alongside appointment of Jignesh Devchandbhai Rathod as CEO, providing leadership stability.
JB Chemicals & Pharmaceuticals: Reported healthy Dec-quarter consolidated revenue of ₹10.65 billion and net PAT of ₹1.98 billion, supported by domestic formulations growth.
SML Isuzu (SML Mahindra): Delivered improved Dec-quarter performance with revenue of ₹5.39 billion and profit of ₹175.4 million, indicating recovery in commercial vehicle demand.
Great Eastern Shipping: Took delivery of dry bulk carrier “Jag Vijay,” supporting fleet expansion and long-term capacity growth.
NTPC Ltd: Declared commercial operation date (COD) of 37.5 MW solar capacity, advancing its renewable energy portfolio.
Shakti Pumps (India) Ltd: Invested ₹750 million into its manufacturing unit, strengthening capacity and backward integration.
Negative:
Geojit Financial Services: Posted Dec-quarter consolidated revenue of ₹1.6 billion (YoY decrease of 7%) and net profit of ₹127.3 million (YoY decrease of 62%), supported by capital market activity. Costs rose due to hiring 600+ field sales staff and higher IT, marketing spend supporting long-term strategy.
Sobha Ltd: The developer reported a weak quarter with profit declining 29% to ₹15.4 crore and revenue falling 23% YoY. Lower project completions and muted real estate demand impacted performance. Margin pressures persisted, reflecting challenges in execution and slower sales momentum during the quarter.
Interglobe Aviation (Indigo): India’s aviation regulator penalized Indigo by imposing a ₹22.2 billion, ordered a ₹50 crore bank guarantee, and warned top executives for lapses during Dec 2025 disruptions that caused 2,507 cancellations and 1,852 delays. IndiGo said it has accepted the DGCA order and begun an internal review with corrective measures to strengthen operations and resilience.
Wipro Ltd (US-listed ADRs): Shares declined sharply by up to 7.4% following a Q3 profit miss versus estimates, reflecting investor concerns on margin pressure and near-term growth outlook.
Sarveshwar Foods Ltd: CFO Anand Sharda resigned, creating a short-term leadership gap in financial management.
Protean eGov Technologies: Managing Director & CEO Suresh Sethi resigned effective March 31, 2026, leading to near-term leadership transition uncertainty.
Pro CLB Global Ltd: Managing Director Amrit Nirmal Chamaria resigned, potentially impacting strategic continuity.
GMR Airports: Reported a 1.9% YoY decline in December passenger traffic, indicating near-term softness in air travel demand.
Neutral / Others
Reliance Industries: Reported Q3 consolidated revenue of ₹2.69 trillion and net profit of ₹186.45 billion, slightly below estimates; management flagged near-term margin pressure from Asian overcapacity, partially offset by limited global refining capacity additions; net debt stood at ₹1.17 trillion as of Dec 31.
Reliance Industries (New Energy): Achieved significant progress on integrated solar gigafactories and battery energy storage manufacturing units.
Aditya Birla Capital: Board to consider fund raising via debt securities, supporting balance sheet flexibility.
Poonawalla Fincorp: Approved issuance of NCDs worth ₹200 billion and equity up to ₹55 billion; reported Dec-quarter revenue of ₹18.18 billion and net profit of ₹1.5 billion.
Nestlé India: Appointed Edouard Mac Nab as Executive Director – Finance & Control and CFO effective March 1, 2026.
Tech Mahindra: Management reiterated organic growth strategy till FY27, strong deal pipeline, and confidence of outperforming peers, despite one-time labour code charge of ₹2.72 billion.
Wipro Ltd: Declared dividend of ₹6 per share; reported Q3 revenue of ₹235.56 billion and net profit of ₹31.19 billion; guided Q4 FY26 IT services revenue in the range of $2.64–2.69 billion with stable margin outlook.
Bajaj Finserv: Acquired remaining stake in Bajaj Allianz Financial Distributors; terminated related JV agreement with Allianz SE; purchase consideration capped at ₹125 million.
Non-Corporate, Unlisted & Foreign / Macro
1) SEBI (Market Structure Reforms): Announced introduction of a Closing Auction Session (CAS) in the equity cash segment, phased implementation, alignment of derivative price bands, and revised pre-open and closing session timings, aimed at improving price discovery and market integrity.
2) SEBI (Foreign Investors): Notified simplified single-window registration and compliance framework (SWAGAT-FI) for FPIs and FVCIs, effective June 1, easing access for trusted offshore funds.
3) RBI (Liquidity Operations): Announced a 4-day Variable Rate Repo auction of ₹1 trillion on January 19 under the LAF to manage system liquidity.
4) RBI (Policy & Reserves): Issued Integrated Ombudsman Scheme, 2026 (effective July 1, 2026); conducted ₹500 billion bond purchases via OMO; forex reserves rose marginally to $687.19 billion; confirmed no outstanding central government loans.
5) Government Borrowings: India to auction ₹290 billion in Treasury Bills on January 21; six states to raise ₹130 billion via loans on January 20.
6) India Bond Market: Government bonds recorded a third consecutive weekly decline amid global index-related outflows and yield pressures.
7) Uttarakhand Government: Issued RFP for selection of a cloud service provider for stamp and registration systems, signalling continued digitisation push.
8) Reliance Jio Infocomm: Posted robust Q3 results with revenue from operations at ₹327.51 billion and net profit at ₹71.73 billion, aided by stable ARPU growth and subscriber monetisation.
9) Jio Platforms: Delivered solid Q3 performance with consolidated revenue of ₹372.62 billion and PAT of ₹76.29 billion, reflecting resilience across digital services.
10) Nitin Fire Protection Industries: Liquidator completed sale of the company as a going concern, marking progress in insolvency resolution.
11) Macro / Geopolitics & Social: Developments related to India-Pakistan geopolitical commentary and general-interest health articles remained non-market moving.
Bulk Deals:
Poly Medicure:
Smallcap World Fund Inc sold 18.37 lakh shares, or a 1.81% stake, in Poly Medicure for ₹302.19 crore at ₹1,645 per share, reducing its holding from 2.02% as of September 2025.
SPML Infra:
Vijay Kedia’s Kedia Securities acquired 14.98 lakh shares, representing a 1.95% stake, in SPML Infra for ₹25.01 crore from SPML Industries, signaling renewed investor interest in the infrastructure player.
Antony Waste Handling Cell:
Miri Strategic Emerging Markets Fund purchased an additional 3 lakh shares (1.05%) in Antony Waste Handling Cell for ₹16.1 crore at ₹536.97 per share, raising its total stake beyond the 1.14% held as of December 2025.
Listings Today:
Mainboard
Bharat Coking Coal
SME
Defrail Technologies
On-going IPO:
Last Date 19-Jan
-Armour Security (India) Ltd (NSE SME)
Last Date 30-Jan
-Power Finance Corporation Ltd (Debt/NCD)
Upcoming IPO:
(16-Jan to 20-Jan)
-Aritas Vinyl Ltd (BSE SME)
(19-Jan to 21-Jan)
-KRM Ayurveda Ltd (NSE SME)
(20-Jan to 22-Jan)
-Shadowfax Technologies Ltd
Securities Trading Ex-(Corporate Action) on January 19, 2026
NIL
Securities Under F&O Ban on January 19, 2026
SAIL, SAMMAANCAP
Source: WOWNEWS24X7, Moneycontrol, Investing.com
