InterGlobe Aviation (IndiGo) reported a sharp fall in Q3 net profit due to implementation of new labour codes and operational disruption. But brokerages said that excluding exceptional items and forex impact, underlying profitability remained healthy.
The target range will be 4.5% to 5% this year, the newspaper said, citing three unidentified sources briefed on the matter
The focus has shifted to the US Fed’s policy at the end of January and the Union Budget on February 1, both of which could influence volatility and currency movement, says analyst.
How investment goals evolve with age, and why aligning asset allocation with life stage ensures long-term financial success.
Ashoka Buildcon Share Price | The company has received a Letter of Acceptance of Rs 307 crore from Public Works Department, Daman.
On January 22, Foreign institutional investors (FIIs) offloaded equities worth around Rs 2549 crore, while domestic institutional investors (DIIs) purchased shares worth approximately Rs 4222 crore.
The BSE SmallCap index, is currently hovering around 47,800, is now roughly 7% lower over the past year, well off the mid-2025 peak of 55,792. That marks a sharp contrast with the outsized gains of 2023 and 2024, when the index rose 47.5% and 29.3%, respectively.
Bullion climbed to an all-time above $4,960 in early trading and is on track for a weekly gain of more than 7%, while silver also hit a record. A key gauge of the US currency’s strength is down 0.8% so far this week.
In the current environment, steady reforms combined with clearer earnings visibility will be crucial for reviving foreign investor participation, said Kotak Life's Radhavi Deshpande.
Biggest Nifty losers were Adani Enterprises, Adani Ports, Eternal, Interglobe Aviation, Cipla, while gainers included Dr Reddy's Labs, Tech Mahindra, ONGC, Hindalco, HUL. All the sectoral indices ended in the red with capital goods, power, realty, PSU Bank, media down 2-3%. The BSE midcap index shed 1.5 percent and smallcap index fell 2 percent.
Unorganised jewellers (~53% of the market) are under pressure due to outright inventory buying, lack of hedging, and limited liquidity, leading to delays in design refreshes and store expansions.
The recent rollout of an editing feature on Grok, developed by Musk's startup xAI and integrated into X, allowed users to alter online images of real people with simple text prompts such as "put her in a bikini" or "remove her clothes."
The Nifty needs to scale above 25,300 on a closing basis for further uptrend toward 25,450–25,500, the next key hurdle. Meanwhile, the 200 DEMA (25,164) can act as an immediate support for the index, followed by 24,900 as a crucial support.
The market is expected to consolidate with range-bound trading as long as it trades below the current week’s high. Below are some short-term trading ideas to consider.
Stocks to Watch, 23 Jan: Stocks like InterGlobe Aviation, Bandhan Bank, Premier Energies, Tanla Platforms, Syngene International, Suryoday Small Finance Bank, Gujarat State Petronet, Bluestone Jewellery and Lifestyle, Go Digit General Insurance, DLF, Le Travenues Technology, and Home First Finance Company will be in focus on January 23.
In a statement, JPMorgan said that it “regrets” that Trump sued them but insisted they did not close the accounts for political reasons.
Sales to the public will begin when Tesla is “confident that it’s very high reliability, very high safety, and the range of functionality is also very high,” Musk said.
This relief rally was on expected lines but, according to experts, needs a strong and sustainable close above 25,850 for continuation of the said uptrend. Until then, consolidation and volatility may be seen in the short term, given the bearish sentiment and elevated VIX.
Shares of Tesla rose about 1.5% after Elon Musk's comments at Davos.
SpaceX sees Bank of America Corp., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley in senior roles, the report said
KRM Ayurveda IPO | The Delhi-based company is raising Rs 77.49 crore via initial share sale of 57.4 lakh shares.
Airtel chairman confirms engagement with DoT as government reviews industry liabilities
The company said its overall workforce is about 4,200 employees globally.
Major deals were also seen in Landmark Cars, the premium automotive retailer, which finished at all-time closing low of Rs 361.15, down 2.05 percent, extending downtrend for sixth consecutive session.
The move comes after the Directorate General of Civil Aviation (DGCA) ordered IndiGo to cut its flight schedule by 10% in December following an unprecedented breakdown in operations in early December
