HCL Tech’s Q3 results are seen reducing downside risk to earnings and reinforcing confidence in its deal momentum and medium-term growth. But, most brokerages see the stock as fairly priced in the near term.
The Nifty 50 snapped its five-day losing streak on January 12, rising 0.4%, supported by strong buying interest at lower levels and positive cues from favourable comments on a potential trade deal by the U.S. Ambassador. The formation of a Piercing Line pattern has raised hopes of further upside, though experts caution that momentum indicators still need to confirm a sustained bullish trend. On the upside, the 25,950–26,000 zone remains a key resistance area, with a decisive breakout likely to strengthen the bulls’ grip. Until then, markets may continue to trade in a range-bound manner, with immediate support seen at 25,600, experts noted. Globally, Wall Street futures edged lower after the S&P 500 and Dow Jones closed at record highs overnight, as investors looked past concerns over the Fed’s independence and awaited key U.S. CPI inflation data. Asian markets traded higher, led by a sharp 3% rally in Japan’s Nikkei on hopes of snap elections, while GIFT Nifty signals a positive start for Indian equities. IT bellwether TCS kicked off the Q3 earnings season with a steady performance, as revenue and margins came in largely in line with expectations, though net profit declined nearly 12% due to a one-time impact. Meanwhile, HCL Technologies delivered a better-than-expected showing, beating estimates on most parameters and raising the lower end of its full-year revenue growth guidance to above 4%. The performance of both IT majors was impacted by the implementation of new labour codes, which weighed on costs during the quarter. Catch Nandita Khemka in conversation with Jay Thakkar, Head – Derivatives & Quant Research at ICICI Securities, and market expert Ambareesh Baliga, as they decode market cues on Opening Bell Live.
By demanding ownership of Greenland and threatening invasion, Trump is transforming a stable ally into a strategic asset—and risking the very Western alliance he claims to secure
The outlook for Tata Consultancy Services stock has turned cautious after Q3 results, with most brokerages flagging weak growth visibility and muted international momentum, even as operational performance remained largely in line excluding one-offs.
NLC India Share Price | The board has approved the declaration of an interim dividend of 36 percent, amounting to Rs 3.60 per equity share of face value Rs 10 for the financial year 2025–26.
Selling by FIIs continued for the sixth consecutive session on January 12, as they sold equities worth around Rs 3,638 crore. In contrast, DIIs remained net buyers, purchasing equities worth over Rs 5,800 crore.
Trent, L&T, Dr Reddy's Labs, Reliance Industries and Interglobe Aviation were among major losers on the Nifty, while gainers were ONGC, Tech Mahindra, Eternal, ICICI Bank, Hindalco Industries. BSE Midcap index shed 0.2%, while smallcap index rose 0.5%. On the sectoral front, IT, media, PSU Bank, metal ended in the green, while FMCG, capital goods, consumer durables, pharma, realty fell between 0.3-0.5 percent.
The December-quarter (Q3 FY26) earnings season is widely expected to build a strong base for subsequent quarters.
Indian gold ETFs collectively attracted $4.37 billion in net inflows during the year. By year-end, they held $14.0 billion in assets, with total holdings of 95 tonnes.
Of the 140 stocks in the BSE MidCap index, 86 ended the year with negative returns, while in the BSE SmallCap index, 871 of the 1,186 stocks were in the red. In the BSE100 index, 61 stocks posted gains and 39 recorded losses.
If the Nifty 50 extends its gains, the 25,900–26,000 levels will be crucial to watch in the upcoming sessions. However, immediate support is placed at 25,700.
The market may extend its upward journey, but sustainability remains the key factor to watch. Below are some short-term trading ideas to consider.
Stocks to Watch, 13 January: Stocks like Tata Consultancy Services, HCL Technologies, Anand Rathi Wealth, Adani Energy Solutions, GTPL Hathway, Biocon, KP Green Engineering, Sical Logistics, NLC India, and Gabion Technologies India will be in focus on January 13.
The formation of a Piercing Line pattern raised hopes for a continuation of the uptrend; however, momentum indicators still need to align with the bulls for a sustained market uptrend.
Rodec Pharma IPO | The public issue will be entirely an offer-for-sale of 56.5 lakh shares by promoter Mukesh Kumar Gupta
The Amagi Media Labs IPO will open for public subscription on January 13 and close on January 16.
The advanced AI business grew nearly 20 percent sequentially, even as overall company revenue rose 4.2 percent quarter-on-quarter in constant currency terms.
Apollo Techno Industries shares gained third of a percent on Monday to close at Rs 131.7, while KV Toys India rallied 3.56 percent to Rs 336.3 on the BSE.
The month so far, has seen FII/FPIs net offload Indian equities worth Rs 15.2 crore while DIIs have bought Rs 22.7 crore.
Looking ahead, US CPI, retail sales, weekly jobless claims, and speeches from several FOMC officials will be key in shaping expectations for the monetary policy outlook.
Property Share Investment Trust IPO | The public issue will comprise only a fresh issue of units, with no offer for sale component.
Shadowfax IPO | The proposed IPO will comprise fresh issue of shares worth Rs 1,000 crore and an offer for sale (OFS) of Rs 900 crore by existing shareholders.
According to a media note, the website is designed as an educational and engagement platform, offering investment-related resources and enabling users to register for early access to product updates and launch information. The development marks a key milestone as JioBlackRock moves closer to the full commercial launch of its investment advisory business.
Bharat Coking Coal listing date: The uncertainty around listing comes amid a strong subscription of 34 times on the second day of the share sale.
The Noida-headquartered company reported a net reduction of 261 employees during the quarter, taking its total employee base to 2,26,379 at the end of Q3FY26.
