Global Market Futures (as of 06:20 AM IST)
US Market (Futures)
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Nasdaq: -0.06%
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Dow Jones: -0.02%
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S&P 500: +0.03%
European (Futures)
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Ftse 100: +0.07%
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Cac 40: +0.00%
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Dax : -0.22%
Asian (Live Markets)
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NIKKEI 225: +0.22%
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KOSPI: +1.16%
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ASX 200: +0.12%
Gift Nifty: 25396.00 (+0.15%)
FII and DII Trading Activity January 22, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹2,549.80 crore
DIIs: Net Buy of ₹4,222.98 crore
Commodity Market Updates:
International commodity markets displayed a mixed yet mostly positive performance in the latest session, with notable movements across metals and energy. Gold climbed strongly to around 4,953, reflecting increased safe-haven demand, while XAU/USD traded near 4,950, posting moderate gains. Silver advanced to approximately 96.74, supported by positive sentiment in precious metals. In base metals, copper edged higher to about 5.82, indicating steady industrial demand. In energy markets, WTI crude oil rose to nearly 59.62, supported by short-term supply factors. In contrast, Brent crude slipped to around 64.40, underperforming WTI. Natural gas strengthened noticeably, trading close to 4.92. Overall, metals outperformed, while energy markets showed divergence across benchmarks.
Results Today:
Kotak Mahindra Bank, UltraTech Cement, Chennai Petroleum Corporation, SBFC Finance, Shyam Metalics and Energy, and Vakrangee will announce December quarter earnings on January 24.
Key Quarterly Earnings:
InterGlobe Aviation Q3 (Consolidated YoY)
InterGlobe Aviation's Q3 profit plunged 77.6% to Rs 549.1 crore from Rs 2,448 crore, despite 6.2% revenue growth to Rs 23,471.9 crore. EBITDAR (ex-forex) fell 5.5% to Rs 7,043.4 crore, with margins slipping to 30% from 33.7%. An exceptional loss of Rs 1,546.5 crore impacted results.
Bandhan Bank Q3 (YoY)
Bandhan Bank's Q3 profit dropped 51.8% to Rs 205.6 crore from Rs 426.5 crore. Net interest income declined 4.5% to Rs 2,688.3 crore, other income fell 37.8% to Rs 691 crore, and operating profit dipped 28.5% to Rs 1,445 crore. Provisions eased 16% to Rs 1,154.6 crore; gross NPA improved to 3.33% (QoQ).
Premier Energies Q3 (Consolidated YoY)
Premier Energies reported 53.5% profit growth to Rs 391.7 crore from Rs 255.2 crore, with revenue up 13% to Rs 1,936.5 crore. The company's subsidiary commissioned a 400 MW solar photovoltaic cell manufacturing facility at its E-City plant in Maheshwaram, Telangana, boosting expansion in renewables.
Tanla Platforms Q3 (Consolidated YoY)
Tanla Platforms' Q3 profit rose 10.8% to Rs 131.4 crore from Rs 118.5 crore, supported by 12% revenue growth to Rs 1,121 crore versus Rs 1,000.4 crore. Strong demand in cloud communications drove the performance amid steady market conditions.
Syngene International Q3 (Consolidated YoY)
Syngene International's Q3 profit crashed 88.6% to Rs 15 crore from Rs 131.1 crore, with revenue down 3% to Rs 914.7 crore. An exceptional loss of Rs 70.6 crore weighed heavily on results, reflecting challenges in research services.
Suryoday Small Finance Bank Q3 (YoY)
Suryoday Small Finance Bank's profit grew 9.8% to Rs 36.6 crore from Rs 33.3 crore, with net interest income up 3.2% to Rs 276.8 crore. However, provisions rose 22.6% to Rs 41.2 crore; net NPA climbed to 6.69% and gross NPA to 4.35% (QoQ).
Gujarat State Petronet Q3 (Consolidated YoY)
Gujarat State Petronet's Q3 profit increased 9.7% to Rs 256.8 crore from Rs 234.1 crore, despite 9.9% revenue decline to Rs 4,091.7 crore. Stable operations in gas transmission supported earnings amid softer volumes.
Bluestone Jewellery and Lifestyle Q3 (Consolidated YoY)
Bluestone Jewellery swung to a Q3 profit of Rs 69 crore from a Rs 26.8 crore loss, with revenue surging 27.5% to Rs 748.6 crore versus Rs 587.1 crore. Robust festive demand fueled jewellery and lifestyle segment growth.
Go Digit General Insurance Q3 (YoY)
Go Digit General Insurance's profit rose 18.2% to Rs 140.1 crore from Rs 118.5 crore. Gross premium written grew 8.7% to Rs 2,909.2 crore, net premium earned up 3.6% to Rs 2,160.1 crore, and net commission climbed 11% to Rs 602.9 crore.
Adani Total Gas Q3 (Consolidated YoY)
Adani Total Gas reported 11.4% profit growth to Rs 158.7 crore from Rs 142.4 crore, with revenue up 17% to Rs 1,639.2 crore. Expanding city gas distribution networks drove the gains in a competitive market.
DLF Q3 (Consolidated YoY)
DLF's Q3 profit soared 13.7% to Rs 1,203.4 crore from Rs 1,058.7 crore, fueled by 32.2% revenue jump to Rs 2,020.2 crore and 120% other income spike to Rs 459.3 crore. Exceptional loss narrowed to Rs 60.2 crore from Rs 302.4 crore.
Le Travenues Technology (IXIGO) Q3 (Consolidated YoY)
Le Travenues Technology's profit surged 56.3% to Rs 24.3 crore from Rs 15.5 crore, with revenue leaping 31.4% to Rs 317.6 crore versus Rs 241.8 crore. E-commerce platform momentum boosted results.
Home First Finance Company India Q3 (YoY)
Home First Finance's profit rocketed 44% to Rs 140.2 crore from Rs 97.4 crore, matching 44% net interest income growth to Rs 234.7 crore versus Rs 163.1 crore. Affordable housing finance demand propelled the strong performance.
Cyient Q3 (Consolidated YoY)
Cyient's Q3 profit declined 25% to Rs 91.8 crore from Rs 122.3 crore, with revenue down 4% to Rs 1,848.5 crore versus Rs 1,926.4 crore. Engineering services faced headwinds from global slowdowns.
Mphasis Q3 (Consolidated YoY)
Mphasis posted 3.4% profit growth to Rs 442.2 crore from Rs 427.8 crore, driven by 12.4% revenue rise to Rs 4,002.6 crore versus Rs 3,561.3 crore. IT services demand remained resilient.
Key Corporate & Economy Updates:
Positive:
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Saatvik Green Energy Ltd: Unit received an order worth ₹101.5 million, supporting near-term execution visibility.
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APL Apollo Tubes Ltd: Q3 consolidated revenue ₹58.15 bn and net profit ₹3.10 bn, indicating sustained demand momentum in steel tubes/structurals.
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Alivus Life Sciences Ltd: Q3 consolidated revenue ₹6.73 bn and net profit ₹1.50 bn, reflecting steady pharma performance and efficiency.
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Ixigo (Le Travenues Technology Ltd.): Q3 consolidated revenue ₹3.18 bn and net profit ₹242.6 mn, aided by strong travel demand and cost control.
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Cyient Ltd: Q3 consolidated total income ₹18.79 bn and net profit ₹918 mn, showing steady demand in engineering/digital transformation services.
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Mach Conferences and Events Ltd: Won a new project worth ₹84.5 mn, strengthening order book in the events segment.
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Home First Finance Company India Ltd: Q3 revenue ₹4.82 bn and PAT ₹1.40 bn, highlighting stable housing finance growth.
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Simplex Castings Ltd: Received a ₹70 mn order from BHEL, reinforcing industrial execution pipeline.
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Ashoka Buildcon Ltd: Received LoA for ₹3.08 bn project, supporting infrastructure growth outlook.
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Gujarat State Petronet Ltd (GSPL): Q3 revenue ₹2.72 bn and net profit ₹1.14 bn, indicating stable gas transmission performance.
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Premier Energies: Q3 revenue ₹19.36 bn and net profit ₹3.92 bn, reflecting strong demand and operating leverage in renewables.
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Tanla Platforms: Q3 revenue ₹11.21 bn and net profit ₹1.31 bn, supported by enterprise messaging demand and efficiency.
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Reliance Industries Ltd / Reliance New Energy Ltd (RNEL): Amalgamated 16 wholly owned step-down subsidiaries into RNEL (effective Jan 21, 2026), strengthening clean-energy platform integration.
Negative:
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IndiGo: Q3 FY25 hit by one-offs (₹8.9 bn labour-code impact + ₹5.77 bn disruption costs), compressing profitability despite demand strength.
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Mphasis: Q3 FY25 revenue ₹40.03 bn (slightly below estimates) and net profit ₹4.42 bn (below estimates) due to ₹355 mn one-time labour-code charge.
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Golden Legand Leasing and Finance Ltd: Approved ₹130.3 mn loan write-off, signaling balance-sheet clean-up amid credit stress.
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Suryoday Small Finance Bank: Q3 FY26 interest earned ₹5.44 bn with elevated GNPA 6.69%, highlighting asset-quality pressure.
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Syngene International Ltd: Q3 revenue ₹9.17 bn with net profit ₹150 mn, indicating margin pressure despite steady CRAMS demand.
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ZF Commercial Vehicle Control Systems India Ltd: Received ₹11.7 mn tax demand notice; under review, but reflects ongoing regulatory/compliance scrutiny.
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Fortis Healthcare Ltd: Delhi High Court ordered an inquiry into alleged perjury by a third party, keeping legal overhang in focus.
Neutral / Others
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Bandhan Bank: Q3 FY25 net profit ₹2.06 bn pressured by higher provisions (₹11.55 bn); GNPA 3.33% indicates continued asset-quality watchpoints.
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Indus Towers Ltd: To incorporate a GIFT City subsidiary as an investment holding company, aimed at improving capital efficiency/structure.
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Krystal Integrated Services Ltd: Q3 revenue ₹3.06 bn, net profit ₹159 mn; also proposed to raise up to ₹3 bn via QIP for growth/funding flexibility.
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HUDCO: To consider increasing FY26 annual borrowing plan to ₹800 bn, supporting housing/infra financing capacity (leverage/liquidity monitoring remains key).
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Emerald Tyre Manufacturers Ltd: Plans to acquire SA Rubber Engineering for up to ₹140 mn, expanding supply chain/product scope.
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Innovative Tyres & Tubes Ltd: Plans to raise capital via QIP of up to 1 million shares, to support expansion and balance-sheet strength.
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Swastika Investmart Ltd: Acquired 25% stake in Nyati Holdings, indicating diversification/strategic partnership focus.
Non-Corporate, Unlisted & Foreign / Macro
1) Kia India: Sonet crossed 5 lakh domestic sales since 2020, reinforcing brand/product traction and contribution to India sales mix.
2) Commodities - Oil & Refined Products: Futures slid after EIA inventory data indicated higher stocks, extending losses across crude, gasoline, diesel, and Brent and signaling demand/supply sensitivity.
3) Gold & Silver ETFs: Sharp correction after a strong rally, with silver ETFs down as much as -21% and gold ETFs down -12%, highlighting elevated volatility in precious-metals risk positioning.
4) RBI (Liquidity/OMOs): Conducted open market purchase auction accepting ₹500 bn bids; cut-off yields set for 2035/2029/2054 bonds as notified.
5) ICICI Prudential Mutual Fund: Reopened Smallcap Fund subscriptions from Jan 23, 2026 after a 22-month suspension, allowing lump sum/SIP/STP/switch routes.
6) Axis Mutual Fund: Launched BSE India Sector Leaders Index Fund (NFO) to track sector leaders across key segments.
7) Nasscom (Policy/AI): Highlighted that scaling AI in India requires a foundation of trust, with governance focus on deepfakes and digital fraud.
8) India-Brazil Diplomacy: PM Modi and President Lula reviewed momentum in ties across trade, technology, and global governance; Lula visit to India discussed.
9) WEF Davos 2026 (IMF/AI Rankings): IMF MD Kristalina Georgieva participated in a panel that became a debate on AI rankings, with India highlighting ecosystem progress.
10) Vizhinjam International Seaport: Phase-2 construction begins Jan 24, 2026 with ₹9,700 cr investment; expansion targets higher capacity and cruise terminal, aiming for transshipment hub positioning by 2028.
11) Gujarat at Davos 2026: Gujarat Deputy Chief Minister Harsh Sanghavi engaged global tech firms to position the state as an AI/advanced-compute hub, emphasizing investment outreach and digital infrastructure ambitions.
12) US Politics/Legal: Former Special Counsel Jack Smith testified publicly before the House Judiciary Committee, defending investigative decisions and rejecting political-bias claims.
13) Geopolitics: Ukraine stated the UAE will host trilateral talks involving the US, Russia, and Ukraine, with Kyiv seeking security assurances and urging compromises.
Bulk Deals:
RK Swamy
Equity Intelligence India, promoted by Porjinu Veliyath, acquired 6.25 lakh shares (1.23% stake) in RK Swamy at Rs 104.92 per share, valuing the deal at Rs 6.55 crore. This fund management company boosts its position in the advertising firm amid ongoing market interest.
Landmark Cars
Nippon India Small Cap Fund added 15.9 lakh shares (3.8% stake) in Landmark Cars at Rs 361/share for Rs 57.4 crore, increasing its holding to over 7%. Goldman Sachs India Equity Portfolio fully exited 13.75 lakh shares (3.32%) for Rs 49.65 crore. Polar Capital's Asian Stars Fund trimmed 1.13% stake (4.69 lakh shares) at ~Rs 370/share for Rs 17.41 crore.
Bajaj Consumer Care
BNP Paribas Financial Markets acquired 10.02 lakh shares (0.76% stake) in Bajaj Consumer Care at Rs 282.46 per share, totaling Rs 28.31 crore. The move signals institutional interest in the FMCG company's growth prospects.
Gretex Corporate Services
Promoter Talent Investment Company offloaded 1.24 lakh shares at Rs 300.60 and 1.75 lakh at Rs 300.86 in Gretex Corporate Services, reducing stake by 1.32% for Rs 9.02 crore. This promoter exit reflects portfolio rebalancing.
On-going IPO:
Last Date 23-Jan
KRM Ayurveda Ltd (NSE SME)
Last Date 30-Jan
Power Finance Corporation Ltd (Debt/NCD)
Upcoming IPO:
(22-Jan to 27-Jan)
Shayona Engineering Ltd (BSE SME)
Hannah Joseph Hospital Ltd (BSE SME)
(27-Jan to 30-Jan)
NFP Sampoorna Foods Ltd (NSE SME)
Securities Trading Ex-Dividend on January 23, 2026
Central Bank of India, DCM Shriram Ltd, Havells India Ltd, Oberoi Realty Ltd, Suraj Ltd, Tips Music Ltd
Securities Trading Ex-Bonus Issue on January 23, 2026
Jonjua Overseas Ltd (5:40)
Securities Trading Ex-Rights Issue on January 23, 2026
Galaxy Agrico Exports Ltd
Securities Under F&O Ban on January 23, 2026
BANDHANBANK, SAMMAANCAP
Source: WOWNEWS24X7, Moneycontrol, Investing.com
