Brokerage firm Systematix Institutional Equities has upgraded the stock to a 'Buy' rating from its earlier 'Hold' stance.
Mid-week action will see Angel One Ltd trading ex-dividend on Wednesday. The fintech major has declared its first interim dividend of Rs 23 per share, having a face value of Rs 10, the company said in its filing.
Private banking heavyweight Kotak Mahindra Bank and cement major UltraTech Cement would post their Q3 earnings on Saturday.
Reliance Jio’s customer base continued to scale rapidly, reaching 515.3 million users by the end of third quarter. Average revenue per user (ARPU) rose 5.1 per cent from a year earlier to Rs 213.7, supported by higher usage levels.
RIL Q3 results: The Mukesh Ambani-led conglomerate's revenue from operations jumped 10.5 per cent to Rs 269496 crore in Q3 FY26 from Rs 243865 crore in the corresponding period last year.
Revenue from operations during the quarter rose 3.67 per cent YoY to Rs 1,365.73 crore from Rs 13,285.6 crore in Q3 FY25.
Revenue from operations during the quarter rose 8.34 per cent YoY to Rs 14,393.2 crore, up from Rs 13,285.6 crore in Q3 FY25.
A few market experts attribute the recent surge to IFCI's indirect exposure to the National Stock Exchange of India (NSE). IFCI holds a stake in NSE through its majority ownership of Stock Holding Corporation of India Ltd (SHCIL).
YES Bank Q3 results preview: Private sector lender YES Bank is set to announce its earnings for the quarter and nine-months ended on December 31, 2025 on Saturday, January 17.
Wipro reported revenue of Rs 23,556 crore for the December quarter, a rise of 3.7 per cent against Rs 22,697 crore in the same period last year.
At close, the Sensex gained 187.64 points, or 0.23 per cent, to settle at 83,570.35. The Nifty rose 28.75 points, or 0.11 per cent, to end at 25,694.35.
Speaking to Business Today, the market veteran said that while the select results indicate stability, global uncertainties continue to warrant a measured approach toward IT stocks.
Jefferies said it would remove the 10 per cent allocation to Bitcoin this week with 5 per cent reallocated to gold and 5 per cent reallocated to gold-mining stocks.
The multibagger stock gained 3.23% to Rs 2,200 against the previous close of Rs 2131.20 on BSE. Later, the stock closed 1.26% higher at Rs 2158.10.
Rekha Jhunjhunwala held 5,90,30,060 shares or 2.42 per cent stake in Federal Bank at the end of December quarter, whose value jumped to Rs 1,620.74 crore in Wednesday's trade.
Federal Bank total deposits grew 12 per cent year-on-year to Rs 297,796 crore, while advances rose 11 per cent to Rs 255,569 crore.
The last time the counter witnessed a similar spike was on July 21, 2023, when the stock settled 8.72 per cent higher at Rs 3,152.10 on the BSE.
"The metal space emerged as the top-performing sector last calendar year. In the first 15 days of this year, again, the metal pack has outperformed every other index,” the market expert said.
Federal Bank shares gained over 5% to Rs 261.20 on Friday against the previous close of Rs 246.90.
LTTS is exiting certain low-margin businesses in Israel, the US, and Europe with its intention of focussing on higher-margin and fast-growing new tech spend areas.
BofA said the government’s focus is likely to remain intact for defence, railways related to safety, signalling and rolling stock, and shipbuilding.





