Page 55 - Markets
Stock Market Close: Sensex rises 398 pts; Nifty at 25,290 as geopolitical tensions ease; SMIDs gain
Stock Market Close Highlights, Jan 22: In the broader markets, the Nifty MidCap 100 and Smallcap index advanced 1.34 per cent and 0.76 per cent, respectively
 "Stock Market Close: Sensex rises 398 pts; Nifty at 25,290 as geopolitical tensions ease; SMIDs gain")
Kalyan Jewellers tanks 17% in 2 days; share price down for 10th day on trot
Earlier, between January 2 and January 13, 2025, the stock price of Kalyan Jewellers had tanked 27 per cent.
 "Kalyan Jewellers tanks 17% in 2 days; share price down for 10th day on trot")
APL Apollo shares advance 4% as Q3 profit jumps; results breakdown here
APL Apollo Tubes' revenue for the quarter rose 7 per cent to ₹5,815 crore, compared with ₹5,433 crore in the corresponding period last year
 "APL Apollo shares advance 4% as Q3 profit jumps; results breakdown here")
GRSE, Swiggy, Jio Fin, 2 other stocks form 'Death Cross', show tech charts
In general, 'Death Cross' is considered as a bearish indicator. Technical analyst, Hitesh Tailor examines GRSE and Jio Financial stock charts and explains why the bias seems negative here.
 "GRSE, Swiggy, Jio Fin, 2 other stocks form 'Death Cross', show tech charts")
Epack Prefab Tech hits 10% lower circuit as Q3 profit falls 43% Q-o-Q
Epack Prefab Technologies reported that its revenue also fell 25 per cent Q-o-Q in Q3FY26, while Ebitda margin witnessed contraction
 "Epack Prefab Tech hits 10% lower circuit as Q3 profit falls 43% Q-o-Q")
Axis Bank Q3 preview: Profit may decline amid muted NII, higher provisions
Axis Bank Q3FY26 results preview: Analysts expect a YoY decline in net profit amid muted NII growth and elevated provisions. Check Street estimates, NIM outlook, asset quality cues & key monitorables
 "Axis Bank Q3 preview: Profit may decline amid muted NII, higher provisions")
Brokerages slash United Spirits' target price, earnings estimates after Q3
United Spirits reported a net profit of ₹418 crore in the third quarter ended December, up from ₹335 crore in the same quarter last year
 "Brokerages slash United Spirits' target price, earnings estimates after Q3")
eClerx Services jumps 7% as board to consider bonus issue on Jan 28
The buying on the counter came after the company announced to consider a bonus issue in a meeting on January 28, 2026
 "eClerx Services jumps 7% as board to consider bonus issue on Jan 28")
PNB Housing Finance shares tumble 8% as Q3 misses street's estimates
PNB Housing Finance's total income for the quarter rose 9.1 per cent to ₹2,121 crore. Net profit increased 7.7 per cent year-on-year to ₹520 crore
 "PNB Housing Finance shares tumble 8% as Q3 misses street's estimates")
Morbi volatility weighs, but brokerages see long-term upside in Gujarat Gas
Morbi volatility weighs on near-term volumes, but analysts flag LNG prices, CNG expansion and GSPC restructuring as key long-term drivers
 "Morbi volatility weighs, but brokerages see long-term upside in Gujarat Gas")
Dalmia Bharat earnings estimates cut after Q3 results; shares trade lower
Dalmia Bharat's net profit for the quarter stood at ₹122 crore, compared with ₹61 crore in the corresponding period last year
 "Dalmia Bharat earnings estimates cut after Q3 results; shares trade lower")
UTI AMC shares rise 3% after Q3 results; check target, outlook
UTI AMC reported an in-line operating performance in Q3FY26, although reported profitability was impacted by a one-time VRS charge, according to Antique Stock Broking
 "UTI AMC shares rise 3% after Q3 results; check target, outlook")
Jindal Stainless rises 5% on posting healthy Q3; PAT up 27%, rev 6%
In the December quarter (Q3FY26), Jindal Stainless reported a 26.6 per cent year-on-year (Y-o-Y) rise in its consolidated net profit to ₹828 crore, as against ₹654 crore in Q3FY25
 "Jindal Stainless rises 5% on posting healthy Q3; PAT up 27%, rev 6%")
Anant Raj share price rises nearly 3% after Q3 net profit increases
Anant Raj share price rose as much as 2.77 per cent to ₹535.32 on the National Stock Exchange (NSE)
 "Anant Raj share price rises nearly 3% after Q3 net profit increases")
Bajaj Consumer Care soars 11% on bullish calls from analysts; check target
Bajaj Consumer Care's net profit for the December quarter climbed 83.2 per cent to ₹46.4 crore, up from ₹25.3 crore a year earlier
 "Bajaj Consumer Care soars 11% on bullish calls from analysts; check target")
Nifty tests 200-DMA; on track for worst January show in a decade
The NSE Nifty 50 index tested the 200-DMA as it hit an intra-day low at 25,085 in intra-day trade on Wednesday. Technical analysts caution against further fall in the market.
 "Nifty tests 200-DMA; on track for worst January show in a decade")
Real estate stocks face January chill as index sinks 10%; time to buy?
Nifty Realty index correction: The fall in real estate stocks comes after two years of rally that saw the Nifty Realty index climb 34.39 per cent in 2024 and 81.34 per cent in 2023
Shadowfax IPO sees nearly 60% subscription on second day
The ₹1,907 crore IPO of logistics provider Shadowfax Technologies was subscribed nearly 60 per cent on day two, as the company looks to raise fresh capital and seeks a valuation of over ₹7,100 crore
 "Shadowfax IPO sees nearly 60% subscription on second day")
Zerodha's Kamath warns of risks as margin trading loan book surges
As margin trading facility loans cross ₹1.16 trn, Zerodha's Nithin Kamath has cautioned that weak risk frameworks and illiquidity could trigger synchronised liquidations during market corrections
 "Zerodha's Kamath warns of risks as margin trading loan book surges")
Stock Market Close: Sensex slips 271 pts; Nifty at 25,158; bank, consumer durable stocks decline
Sensex Today | Stock Market Close Highlights, Wednesday, January 21: In the broader markets, the Nifty MidCap 100 fell 1.14 per cent, and the Nifty SmallCap was down 0.9 per cent
 "Stock Market Close: Sensex slips 271 pts; Nifty at 25,158; bank, consumer durable stocks decline")