Global Markets
US Market (Closing on January 30, 2026)
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Nasdaq: -1.28%
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Dow Jones: -0.36%
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S&P 500: -0.43%
European (Closing on January 30, 2026)
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Ftse 100: +0.51%
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Cac 40: +0.68%
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Dax: +0.94%
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Euro Stoxx 50: +0.98
Asian (Closing on January 30, 2026)
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Nikkei 225: +0.00%
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Shanghai (SSEC): -0.96%
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China A50: -0.67%
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Hang Seng: -2.08%
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KOSPI: +0.06%
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Straits Times (STI): -0.51%
Taiwan Weighted Index (TAIEX): -1.45%
(Closing on January 30, 2026)
Gift Nifty: 25420.00 (+0.06%)
FII and DII Trading Activity January 30, 2026 in Cash market:
FIIs / FPIs: Net Buy of ₹2,251.37 crore
DIIs: Net Sell of ₹601.03 crore
Commodity Market Updates:
International commodity markets ended January 30, 2026 on a highly volatile note. Gold declined sharply to 4,763.10 (-11.39%), while XAU/USD closed at 4,865.35 (-9.83%). [1] Silver saw heavy selling, plunging to 78.83 (-31.37%), and copper weakened to 5.95 (-4.51%), reflecting pressure on industrial metals. Energy markets were relatively stable, with WTI crude at 65.21 (-0.32%) and Brent crude at 70.69 (-0.03%), while natural gas outperformed, rising to 4.35 (+11.13%).
On MCX, Gold closed at ₹1,49,075 (-0.39%), Silver at ₹2,91,922 (flat), and Crude Oil at ₹5,933 (-1.64%), indicating cautious domestic sentiment.
Results Today:
Latent View Analytics will release its quarterly earnings today.
Key Quarterly Earnings:
Sun Pharmaceutical Industries (Q3, YoY – Consolidated)
Sun Pharma delivered a strong Q3 performance with profit rising 16% YoY to ₹3,368.8 crore, supported by a 13.5% increase in revenue to ₹15,520.5 crore. However, earnings were partially impacted by an exceptional loss of ₹489.4 crore during the quarter, which weighed on overall profitability.
Bajaj Auto (Q3, YoY – Standalone)
Bajaj Auto posted a robust Q3 with profit climbing 18.7% YoY to ₹2,502.8 crore, driven by healthy revenue growth of 18.8% to ₹15,220.3 crore. Performance reflected strong volumes and pricing, though results included a one-time labour code impact of ₹61.3 crore.
GAIL India (Q3, YoY – Consolidated)
GAIL reported a sharp earnings decline in Q3, with profit plunging 57.7% YoY to ₹1,729.1 crore. Revenue also fell 4.4% to ₹35,302.8 crore, reflecting weaker gas transmission margins and subdued trading performance amid challenging market conditions during the quarter.
NTPC (Q3, YoY – Consolidated)
NTPC delivered a steady Q3 performance, with profit rising 8.3% YoY to ₹5,597 crore. Revenue increased marginally by 1.7% to ₹45,845.7 crore, supported by stable power generation and capacity additions, though gains were moderated by higher operating and fuel-related costs.
Jindal Steel & Power (Q3, YoY – Consolidated)
Jindal Steel reported a sharp profit decline of 80.2% YoY to ₹188.6 crore despite revenue growth of 10.9% to ₹13,026.6 crore. Profitability was impacted by weaker steel margins and an exceptional loss of ₹54.6 crore recorded during the quarter.
Bank of Baroda (Q3, YoY – Standalone)
Bank of Baroda posted a stable Q3 with profit rising 4.5% YoY to ₹5,054.6 crore. Net interest income remained largely flat, while provisions declined sharply by 26.2%. Asset quality improved, with gross NPAs easing to 2.04% and net NPAs steady at 0.57%.
Affle 3i (Q3, YoY – Consolidated)
Affle delivered a strong Q3 performance, with profit rising 19% YoY to ₹119.3 crore and revenue increasing 19.2% to ₹717.5 crore. Growth was driven by higher demand for digital advertising solutions and continued expansion across emerging international markets.
Delhivery (Q3, YoY – Consolidated)
Delhivery reported strong operational momentum in Q3, with profit surging 58.4% YoY to ₹39.6 crore. Revenue rose 17.9% to ₹2,805 crore, supported by improved logistics volumes, better cost efficiencies, and continued growth in its express parcel and supply chain services.
IDFC First Bank (Q3, YoY – Standalone)
IDFC First Bank delivered robust growth with profit jumping 48% YoY to ₹502.5 crore. Net interest income rose 12%, while provisions increased modestly. Asset quality improved sequentially, with gross NPAs declining to 1.69%, although net NPAs edged up marginally to 0.53%.
Birla Corporation (Q3, YoY – Consolidated)
Birla Corporation reported strong profit growth of 69.2% YoY to ₹52.8 crore despite a 4.3% decline in revenue to ₹2,158.7 crore. Performance was aided by cost efficiencies, though results were impacted by an exceptional loss of ₹34.14 crore during the quarter.
ESAF Small Finance Bank (Q3, YoY)
ESAF Small Finance Bank returned to profitability in Q3, posting a profit of ₹7 crore compared to a loss last year. Net interest income declined, but sharply lower provisions supported earnings. Asset quality improved significantly, with gross NPAs falling to 5.65% and net NPAs to 2.73%.
Intellect Design Arena (Q3, YoY – Consolidated)
Intellect Design reported a steep profit decline of 59.5% YoY to ₹28.4 crore despite strong revenue growth of 20%. Earnings were impacted by higher costs and a ₹30.8 crore hit from new labour code implementation, which offset the benefits of strong deal wins.
Bharat Dynamics (Q3, YoY – Standalone)
Bharat Dynamics posted weak Q3 results, with profit falling 50.4% YoY to ₹72.9 crore and revenue declining 31.9% to ₹566.6 crore. The performance was affected by lower execution and timing of defence project deliveries during the quarter.
Clean Science and Technology (Q3, YoY – Consolidated)
Clean Science reported softer Q3 earnings, with profit declining 30.1% YoY to ₹45.9 crore and revenue falling 8.8%. The performance reflected margin pressure, lower realizations, and muted demand conditions across key specialty chemical segments.
Central Depository Services (CDSL) (Q3, YoY)
CDSL delivered steady Q3 results, with profit rising 2.5% YoY to ₹133.3 crore. Revenue increased 9.4% to ₹304.4 crore, supported by higher transaction volumes, increased demat account additions, and sustained activity in equity markets.
Glenmark Pharmaceuticals (Q3, YoY – Consolidated)
Glenmark posted a solid Q3 with profit rising 15.9% YoY to ₹403.2 crore and revenue growing 15.1%. Performance was supported by strong India and branded generics businesses, though results included an exceptional loss of ₹184.3 crore during the quarter.
Steel Authority of India (SAIL) (Q3, YoY – Consolidated)
SAIL delivered a strong turnaround in Q3, with profit surging 163.6% YoY to ₹374 crore. Revenue grew 11.8% to ₹27,371.4 crore, driven by higher steel realizations, improved volumes, and better operational efficiencies across plants.
Aster DM Healthcare (Q3, YoY – Consolidated)
Aster DM Healthcare reported mixed Q3 results, with profit declining 7.6% YoY to ₹52.5 crore, while revenue rose 12.9% to ₹1,185.8 crore. Growth was driven by improved patient volumes, though margins were impacted by higher operating expenses.
MedPlus Health Services (Q3, YoY – Consolidated)
MedPlus posted strong Q3 performance, with profit rising 26% YoY to ₹57.8 crore and revenue increasing 15.7% to ₹1,806.1 crore. Growth was supported by store network expansion, higher same-store sales, and improved operating leverage.
Cholamandalam Investment and Finance Company (Q3, YoY – Standalone)
Cholamandalam reported a strong Q3, with profit rising 5% YoY to ₹1,287.7 crore. Net interest income surged 24%, driven by robust loan growth and improving margins, reflecting healthy demand across vehicle finance and other lending segments.
Blue Dart Express (Q3, YoY – Consolidated)
Blue Dart reported softer Q3 earnings, with profit declining 15.7% YoY to ₹68.3 crore despite revenue growth of 6.9%. Margins were impacted by cost pressures and a labour code-related expense of ₹43.9 crore, which weighed on overall profitability.
Key Corporate Updates:
Positive:
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NTPC / NTPC Green Energy: NTPC declared commercial operation of Unit 3 (250 MW), while NTPC Green Energy operationalised 210 MW of the Khavda-II solar project, strengthening renewable capacity; the company reported robust Q3 consolidated revenue of ₹458.46 bln and net profit of ₹54.89 bln, and announced a dividend of ₹2.75 per share.
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Adani Green Energy: The company incorporated a new subsidiary, Windrix Energy Ltd, to expand its renewable portfolio; management reiterated its long-term plan to add over 5 GW of hydro PSP capacity by 2030, while promoters Gautam Adani and Sagar Adani initiated procedural steps to dismiss or respond to the SEC complaint.
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SAIL: Steel Authority of India reported Q3 consolidated revenue of ₹273.71 bln and net profit of ₹3.74 bln, reflecting improved operating performance amid stable steel demand.
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Glenmark Pharmaceuticals: The company posted Q3 consolidated revenue of ₹39.01 bln with a net profit of ₹4.03 bln, supported by strong domestic formulations and specialty business performance.
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Reliance Power: Reported Q3 consolidated revenue of ₹18.73 bln and net profit of ₹251.1 mln, marking continued profitability after a period of balance sheet stress.
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Gujarat Ambuja Exports: Delivered Q3 consolidated revenue of ₹14.84 bln and net profit of ₹659.2 mln, aided by stable agri-processing volumes.
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Subros: Approved capacity expansion at its Karsanpura, Gujarat facility involving investment of approximately ₹2.65 bln; reported Q3 revenue of ₹9.48 bln and net profit of ₹347.5 mln, indicating steady demand from OEM customers.
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Aster DM Healthcare: Reported Q3 consolidated revenue of ₹11.86 bln and net profit of ₹524.5 mln, supported by improved margins and hospital utilisation.
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New India Assurance: Posted Q3 net premium earned of ₹97.71 bln and PAT of ₹3.77 bln, reflecting recovery in underwriting performance.
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Bank of Baroda: Delivered strong Q3 results with net profit of ₹50.55 bln, interest earned of ₹317.5 bln and gross NPA ratio at 2.04%; the board also approved bond issuance of up to ₹100 bln to support growth and capital adequacy.
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Cholamandalam Investment and Finance Company: Reported Q3 consolidated revenue of ₹78.98 bln and net profit of ₹12.9 bln; declared a dividend of ₹1.3 per share, reflecting sustained profitability in the lending franchise.
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Blue Dart Express: Recorded Q3 consolidated revenue of ₹16.16 bln and net profit of ₹683.3 mln, aided by operational efficiencies and steady express cargo volumes.
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KEC International: Posted Q3 consolidated revenue of ₹60.01 bln and net profit of ₹1.27 bln, driven by strong execution in transmission and infrastructure projects.
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Bajaj Auto: Reported Q3 total revenue of ₹152.2 bln and PAT of ₹25.03 bln, broadly in line with estimates; management indicated rupee depreciation helped offset commodity inflation and approved investment of up to ₹120 mln in Clean Max Godavari.
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Triveni Engineering & Industries: Delivered Q3 consolidated revenue of ₹18.18 bln and net profit of ₹841.2 mln; declared dividend of ₹1.5 per share.
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Maithan Alloys: Posted Q3 consolidated revenue of ₹4.9 bln and net profit of ₹889 mln, supported by favourable alloy prices.
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Jindal Steel: Reported Q3 consolidated revenue of ₹130.27 bln and net profit of ₹1.9 bln amid steady steel demand.
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Godfrey Phillips India: Recorded consolidated revenue of ₹21.9 bln and net profit of ₹3.43 bln, supported by strong cigarette and FMCG portfolio performance.
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Antony Waste Handling Cell: Posted Q3 consolidated revenue of ₹2.62 bln and net profit of ₹115 mln, aided by stable municipal contracts.
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Relaxo Footwears: Reported Q3 revenue of ₹6.68 bln and net profit of ₹265.4 mln, indicating gradual recovery in discretionary consumption.
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Aadhar Housing Finance: Delivered Q3 consolidated revenue of ₹9.43 bln and PAT of ₹2.81 bln, reflecting strong loan book growth.
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Navneet Education: Reported Q3 consolidated revenue of ₹2.50 bln and net profit of ₹1.88 bln, driven by education publishing demand.
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Intellect Design Arena: Posted Q3 consolidated revenue of ₹7.31 bln and net profit of ₹284.5 mln, supported by steady technology services traction.
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SEAMEC: Delivered strong Q3 results with revenue of ₹3.17 bln and net profit of ₹996.2 mln due to improved offshore services utilisation.
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IFB Agro Industries: Reported Q3 consolidated revenue of ₹4.71 bln and net profit of ₹73 mln.
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MedPlus Health Services: Posted Q3 consolidated revenue of ₹18.06 bln and net profit of ₹578.1 mln, supported by store expansion and private-label growth.
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Jupiter Life Line Hospitals: Commenced operations at its Dombivli hospital; reported Q3 consolidated revenue of ₹3.65 bln and net profit of ₹425 mln.
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Afcons Infrastructure: The company received an arbitration award amounting to ₹270.3 mln, along with the release of a bank guarantee of ₹275.4 mln, providing a positive cash flow impact and strengthening its financial position.
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Simplex Castings: Secured a fabrication order worth ₹225 mln, enhancing its order book visibility and supporting near-term revenue growth.
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Systematic Industries: Awarded new contracts aggregating to ₹43 mln, reinforcing its project pipeline and operational outlook.
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Genesys International Corporation: Received a project order valued at ₹127.8 mln, strengthening its order backlog and underscoring demand for its geospatial and mapping solutions.
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DOMS Industries: Formed a joint venture with Seven S.p.A., Italy, with initial investment of up to ₹150 mln; reported Q3 revenue of ₹5.92 bln and net profit of ₹579 mln.
Negative:
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Abans Enterprises: Gujarat tax authority issued a demand order of ₹27.7 mln against its unit Abans Jewels, which may lead to financial and legal review.
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Alchemist Corporation: CFO Giriraj Gupta resigned, creating a near-term senior management vacancy.
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Astec Lifesciences: CFO Mugdha Amol Khare resigned from her position.
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Alok Industries: CEO Harsh Bapna resigned, adding to leadership uncertainty.
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Patel Integrated Logistics: CFO Deepak Madhukar Keni resigned effective January 30, 2026.
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Ola Electric: Announced workforce rationalisation impacting around 5% of employees as the company increases automation across operations.
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Meesho: Reported Q3 consolidated revenue of ₹35.18 bln but posted a widened net loss of ₹4.91 bln due to continued investments in growth and logistics.
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Northern Arc Capital: RBI imposed a monetary penalty of ₹270,000 for regulatory non-compliance.
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Enforcement Directorate / RCOM: ED arrested former Reliance Communications director Punit Garg in an alleged fraud and money laundering case involving diversion of proceeds to offshore entities.
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Ambuja Cements: Shares declined 4.8% following a drop in quarterly profits, reflecting margin pressure concerns.
Neutral / Others
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Rubicon Research: GST authorities commenced inspection at company offices; management clarified that operations remain unaffected.
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Axis Bank: RBI approved amendments to the deposit agreement granting voting rights to GDR holders.
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Tata Steel: Completed acquisition of 50.01% stake in Thrive-NI Pellets, while Lloyds Metals continues to hold the remaining 49.99%.
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Centrum Capital: Announced sale of its merchant banking division to Centrum Broking as part of business realignment.
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Kesar India: Acquired 22.487 acres of land near Samruddhi Mahamarg, with expected revenue potential of around ₹2 bln.
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NELCO: Voluntarily withdrew UL GMPCS application and clarified that the application was not rejected by the Department of Telecommunications.
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Zaggle Prepaid Ocean Services: The company entered into an agreement with Aye Finance Limited to strengthen its fintech partnership ecosystem, aimed at expanding credit-linked payment solutions and enhancing offerings for MSME customers.
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Kothari Industrial Corporation: Entered into a joint venture agreement with Accademia IUAD, Italy, to collaborate on design-led initiatives, enabling capability enhancement and access to international expertise.
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Happiest Minds Technologies: Announced a strategic partnership with IBSFINtech to jointly develop and deliver digital treasury and risk management solutions, expanding its enterprise technology service portfolio.
Non-Corporate, Unlisted and Foreign / Macro
1) India – Capital Markets: SEBI granted approval to NSE to proceed with its IPO; the regulator also announced a special window for transfer and dematerialisation of physical securities purchased prior to April 1, 2019.
2) India – Liquidity and Banking: RBI conducted bond purchases worth ₹626.55 bln under OMO; banking system deposits grew 10.6% YoY and loans rose 13.1% YoY; 10-year benchmark G-sec yield closed near 6.70%.
3) India – External Sector: Forex reserves rose to a record high of 709.41 bln dollars as of January 23.
4) India – Fiscal Position: April-December fiscal deficit stood at 54.5% of the FY26 target; net tax receipts reached ₹19.39 trn; Centre had no outstanding loans with RBI.
5) India – Debt Auctions: Government announced auction of ₹290 bln treasury bills across 91-day, 182-day, and 364-day maturities on February 4.
6) India – Diplomacy: Prime Minister Modi held discussions with Venezuela’s leadership, agreeing to deepen bilateral cooperation across sectors.
7) Trafigura (UK): Won a lawsuit against Indian businessman Prateek Gupta related to an alleged nickel fraud.
8) Thyssenkrupp (Germany): Management ruled out share buyback plans; efficiency programme expected to deliver mid-triple-digit million euro impact; discussions underway to supply steel to Jindal Steel International’s Vitkovice unit.
9) WHO – Health Update: WHO confirmed both Nipah virus patients in India remain stable, and none of the 190 identified contacts tested positive.
Bulk Deals:
Indiabulls
BofA Securities Europe SA acquired 2.22 crore Indiabulls shares, representing 0.95% of paid-up capital, at ₹10.87 per share for ₹24.14 crore. French lender Societe Generale sold the same quantity at ₹10.86, trimming its stake from 1.27%.
IIFL Finance
BofA Securities Europe SA bought 17 lakh shares, or a 0.4% stake, in IIFL Finance for ₹90.5 crore. The transaction was executed at ₹532.4 per share, with Morgan Stanley Asia (Singapore) Pte acting as the seller.
Raymond Lifestyle and Raymond Realty
Raymond increased its exposure to group companies by purchasing 3.75 lakh shares (0.61%) in Raymond Lifestyle for ₹38.59 crore at ₹1,029.15 per share, and 7 lakh shares (1.05%) in Raymond Realty for ₹34.68 crore at ₹495.54.
On-going IPO:
Last Date 3-Feb
C K K Retail Mart Ltd (NSE SME)
Upcoming IPO:
04-Feb to 06-Feb
NFP Sampoorna Foods Ltd (NSE SME)
Securities Trading Ex-Dividend on February 2, 2026
Balkrishna Industries Ltd, Bharat Petroleum Corporation Ltd, Gopal Snacks Ltd, LT Foods Ltd, Metro Brands Ltd, Share India Securities Ltd, Siyaram Silk Mills Ltd
Securities Under F&O Ban on February 1, 2026
SAMMAANCAP
Source: WOWNEWS24X7, Moneycontrol, Investing.com
