Today marks a pivotal day for markets with multiple key events. Trump's inauguration moves indoors to the Capitol Rotunda due to frigid weather, breaking from tradition. In corporate earnings, Zomato is expected to report a 66% YoY revenue growth with PAT rising 55% YoY, while Paytm may see revenue decline 34% YoY to Rs 1,868.4 crore. The Stallion India Fluorochemicals IPO concludes today after being oversubscribed 32.06 times, with shares scheduled to list on January 23. Markets appear cautiously optimistic with GIFT Nifty indicating a flat to positive opening.
Source: Business Standard, January 20, 2025