Infosys stock climbed 4.14 percent to Rs 1,666.1 in the opening trade on Friday. The buying interest comes despite Infosys reporting a 2.2 percent year-on-year decline in consolidated net profit for the fiscal third quarter. Brokerages reiterated bullish views on the stock.
The company’s commentary is encouraging and the full-year guidance has been revised upwards
Infosys Q3 FY26 Results Review and Stock Outlook: Bullish brokerages point to improving demand visibility, strong deal momentum and a raised revenue growth outlook. Analysts say there are early signs of recovery in discretionary spending.
The Nifty 50 continued to trade in a tight range of 25,600–25,900 for the fourth consecutive session, staying within its 100-day and 50-day EMAs, and closed 0.3% lower on January 14. Elevated volatility, along with cautious technical and momentum indicators, suggests bulls remain tentative as markets await further cues from the ongoing earnings season. Experts believe the index is likely to take a decisive direction only after a clear breakout from the current range. On the downside, a breach below 25,600 could open the door to 25,450, while a move above 25,900 may pave the way for a rally toward the 26,000–26,100 zone. Global cues remain mixed, though GIFT Nifty indicates a steady start for Dalal Street. On the stock-specific front, Infosys will be in focus following its guidance upgrade, while Reliance Industries is set to report its Q3 earnings today. Markets will also track the outcome of the BMC election results, due later in the day. Catch Nandita Khemka in conversation with Raja Venkatraman, Co-Founder of NeoTrader, and Sushant Bhansali, CEO of Ambit Asset Management, as they decode key market cues on Opening Bell Live.
Coforge is in a consolidation phase and looks well set for long-term growth and profitability
Silver dropped on Friday after the US refrained from putting import tariffs on critical minerals, but was still up 15% for the week on surging demand for precious metals.
As global headwinds fade, AI trade crowding normalises, and earnings recovery becomes more visible, FII flows are likely to return gradually well before earnings growth fully settles into the mid-teens, said Anil Rego.
Closing Bell: Sensex and Nifty erased most of the day's gains, easing off day's highs. Buying was clearly concentrated in information technology shares after a surge in Infosys lifted sentiment across the pack.
The Bengaluru-based logistics services provider is launching its Rs 1907 crore IPO on January 20. The anchor book will open on January 19, while the public issue will close on January 22.
According to Kumar, the real story lies in India’s aggressive push toward FTAs, marking the country’s biggest reform movement since the 1990s. “India is fundamentally changing its geoeconomic strategy by opening its markets, reducing trade barriers, and encouraging two-way trade. This shift is being underestimated by markets,” he said.
Stocks to Watch, 16 January: Stocks like Infosys, ICICI Prudential Asset Management Company, HDB Financial Services, Nuvoco Vistas Corporation, Angel One, 360 ONE WAM, South Indian Bank, Swaraj Engines, Waaree Renewable Technologies, Biocon, and RailTel Corporation of India will be in focus on January 16.
According to experts, the Nifty 50 needs to break either 25,600 for a downside move toward 25,450 (immediate key support) or 25,900 for an upward journey toward 26,000, as above it the 26,200–26,300 zone can be a possible target.
The market may remain range-bound until it decisively breaks the current week’s high–low range. Below are some short-term trading ideas to consider.
Goldman raised its dividend to $4.50 per share, it said in a statement Thursday.
The index is expected to get a firm direction only after it convincingly breaks the 25,600-25,900 range on either side.
Prashant Jain says the correction in small- and mid-cap stocks is not over yet, while large caps now offer a more favourable risk-reward.
“I am not assuring that whatever we do will always be accepted by the industry. Many times what we do is not immediately accepted, but in the long run, the industry agrees with us,” he said.
Mercedes-Benz grew its revenues in India in 2025 thanks to strong demand for its high-end luxury cars.
Jio Financial Services Ltd reported a consolidated profit of Rs 269 crore for Q3 FY26, as total income more than doubled year-on-year to Rs 901 crore, driven by a sharp rise in contributions from its core lending, payments and asset management businesses.
The outlook from TSMC lifted shares of U.S. semiconductor equipment makers in premarket trade.
The entitlement ratio was fixed at 45 shares for every 301 fully paid-up equity shares held by shareholders on the record date.
The board has approved the capex budget for setting up of 120 MWp Solar Power Park in Maharashtra.
On Wednesday, the stock hit its 5 percent upper circuit and settled at Rs 44.77 apiece on the NSE.
The report, citing people aware of the matter, said Coca-Cola’s plan to list HCCB—at an estimated valuation of close to $10 billion—remains on schedule for the current year
SEBI chief said the market regulator continues to observe recurring disclosure gaps in offer documents
