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Cipla shares slide 5% after drug major’s Q3 net profit drops 57% YoY

by ET Markets | January 23, 2026 4:00 pm | Indian Stocks, Market, News

Cipla shares dropped 5% after reporting a 57% year-on-year decline in net profit to Rs 676 crore, impacted by a fall in gRevlimid sales. Revenue remained flat at Rs 7,074 crore, with EBITDA also declining. The company plans upcoming launches to offset revenue decline...

Q3 Profit Boom: 10 smallcaps surge up to 150% in a year, 3 become multibaggers

by ET Markets | January 23, 2026 4:00 pm | Indian Stocks, Market, News

Strong December quarter results highlight a powerful smallcap rally, with many firms posting over 25% profit growth. Several stocks delivered 50–150% returns, including multibaggers, underscoring how earnings momentum, scale, and execution are translating into...

Valuations still stretched, real opportunity emerging in small,microcaps: Venkatesh Balasubramaniam

by ET Markets | January 23, 2026 3:10 pm | Indian Stocks, Market, News

JM Financial’s Venkatesh Balasubramaniam says Indian equity valuations remain stretched despite recent correction, with real opportunities emerging gradually in smallcaps and microcaps. He advises staggered investing over 6–12 months, expects limited upside from...

Adani Green Q3 Results: Company reports loss of Rs 41 crore vs Rs 492 crore profit a year ago

by ET Markets | January 23, 2026 3:10 pm | Indian Stocks, Market, News

Adani Green Q3 Results: Adani Green reported a net loss of Rs 41 crore in the December quarter, a shift from last year’s profit. Despite this, total income climbed 8% year-on-year to Rs 2,837 crore. The company’s power supply segment saw robust growth,...

Ixigo parent shares tumble 16% post Q3 results. Buy the dip or bail out?

by ET Markets | January 23, 2026 3:06 pm | Indian Stocks, Market, News

The selloff follows management commentary on resilient operating performance during December, a month marked by industry-wide disruptions after large-scale IndiGo flight cancellations and rescheduling across the country.

Vedanta shares rise 3%, hit record high as LME copper, aluminium prices gain. Will stock hit Rs 800?

by ET Markets | January 23, 2026 3:06 pm | Indian Stocks, Market, News

Shares of Anil Agarwal-led Vedanta Ltd rallied as much as 3% to their fresh 52-week high of Rs 699 on the BSE on Friday after copper prices bounced back to inch closer to its fresh high of $13,407 on the London Metal Exchange. Zinc prices also edged higher by about a...

Shriram Finance Q3 Results: PAT falls 29% YoY to Rs 2,522 crore, NII rises 16%

by ET Markets | January 23, 2026 3:05 pm | Indian Stocks, Market, News

Shriram Finance Q3 results: Shriram Finance reported a 29% YoY fall in its December quarter standalone net profit at Rs 2,522 crore compared to Rs 3,570 crore reported in the year ago period.

Rupee plummets to fresh record low of 91.95 vs USD as equity selloff adds to existing strain

by ET Markets | January 23, 2026 3:04 pm | Indian Stocks, Market, News

The Indian rupee has reached an all-time low. Local stock markets are experiencing a selloff. Dollar outflows, importer payments, and speculative flows are pressuring the currency. Foreign investors have withdrawn significant funds from Indian equities. The Reserve...

Rs 6 lakh cr wiped out! Sensex slumps over 800 points, Nifty below 25,050. What triggered the selloff?

by ET Markets | January 23, 2026 3:04 pm | Indian Stocks, Market, News

Stock Market Crash Today: Indian equities experienced a sharp decline on Friday, with the Sensex and Nifty erasing early gains due to persistent foreign institutional investor (FII) selling. FIIs offloaded equities worth Rs 2,550 crore on Thursday, marking the 13th...

Cipla Q3 Results: Net profit plunges 57% YoY to Rs 676 crore

by ET Markets | January 23, 2026 2:03 pm | Indian Stocks, Market, News

Cipla Q3 Results: Cipla reported a 57% YoY drop in net profit to Rs 676 crore, impacted by lower gRevlimid sales in North America. Despite this, the company’s One India business saw double-digit growth in branded prescriptions, and upcoming launches are expected...

Adani stocks suffer Rs 1.1 lakh crore shock, down up to 10%. Here’s what went wrong

by ET Markets | January 23, 2026 2:02 pm | Indian Stocks, Market, News

Adani Group stocks tumbled up to 10% after the US SEC sought court permission to email summons to Gautam Adani and Sagar Adani regarding an alleged $265 million bribery scheme. India had previously rejected official requests for service, citing procedural grounds. The...

Sebi accuses executives at EY, PwC and others of insider trading in 2022 Yes Bank case: Report

by ET Markets | January 23, 2026 2:02 pm | Indian Stocks, Market, News

India’s market regulator has accused top executives from PwC and EY, along with global private equity firms Carlyle and Advent, of insider trading. The allegations stem from a 2022 Yes Bank share sale. SEBI claims these individuals shared confidential...

Realty weakness overdone, midcap correction throws up long-term opportunities: Sandip Sabharwal

by ET Markets | January 23, 2026 2:01 pm | Indian Stocks, Market, News

Market expert Sandip Sabharwal suggests real estate stock pessimism may be misplaced due to accounting practices, highlighting DLF, Godrej Properties, and Prestige as selective buying opportunities. He also sees potential in large banks and select NBFCs, with midcaps...

Eternal shares get $2 billion shock after Q3 results, but target price goes up to Rs 480. Buy or sell?

by ET Markets | January 23, 2026 2:00 pm | Indian Stocks, Market, News

Eternal shares have fallen, erasing nearly $2 billion in market value, despite brokerages raising target prices, creating uncertainty for investors. The decline comes even as Blinkit turned EBITDA-positive amid intense competition, and a leadership change with CEO...

Paytm shares tumble 10%, down in 4 out of 5 sessions. What’s behind the fall?

by ET Markets | January 23, 2026 1:05 pm | Indian Stocks, Market, News

Paytm’s stock experienced a significant drop due to market worries about the Payment Infrastructure Development Fund. This scheme’s potential discontinuation could impact digital payment providers. However, a brokerage firm has initiated coverage with a...

Robert Kiyosaki shrugs off price swings, doubles down against dollar amid metals, crypto surge

by ET Markets | January 23, 2026 1:04 pm | Indian Stocks, Market, News

The rally has spilled into Indian markets, where silver-linked exchange-traded funds have posted outsized gains. Tata Silver ETF jumped 17%, while Nippon India Silver ETF, DSP Silver ETF, and ICICI Prudential Silver ETF rallied about 10–11%. MCX Silver March futures...

Largecap IT looks safer than midcaps; IndiGo correction offers upside: Sandip Sabharwal

by ET Markets | January 23, 2026 1:04 pm | Indian Stocks, Market, News

Market expert Sandip Sabharwal highlights opportunities in strong large-cap stocks amidst volatility. He sees potential in InterGlobe Aviation due to its financial strength and market dominance. The IT sector offers moderate returns with improving order signings....

IndiGrid raises Rs 1,500 cr through institutional placement

by ET Markets | January 23, 2026 12:12 pm | Indian Stocks, Market, News

IndiGrid Infrastructure Trust successfully raised Rs 1,500 crore via an oversubscribed institutional placement, attracting significant participation from insurance and mutual funds. This capital infusion, alongside a prior preferential issue, brings their total FY26...

DLF pre-sales down 16 pc in Apr-Dec to Rs 16,176 cr

by ET Markets | January 23, 2026 12:11 pm | Indian Stocks, Market, News

DLF Ltd’s sales bookings declined 16 percent to Rs 16,176 crore in the first nine months of this fiscal year. This decrease was due to reduced new home supply. The company remains confident in achieving its annual sales target of Rs 20,000-22,000 crore. DLF...

ideaForge Technology shares tank 5% as Q3 net loss widens by 41% YoY

by ET Markets | January 23, 2026 12:10 pm | Indian Stocks, Market, News

ideaForge Technology’s shares dropped 5% after reporting a widened net loss of Rs 33.85 crore in the December quarter, despite a 79% revenue jump. Elevated material costs significantly compressed gross margins to 23.7%. The company, however, sees a strong order...
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