Day

January 16, 2026
Silver Touch Technologies has announced a 1:5 stock split and a 1:1 bonus issue, subject to shareholder approval. The move follows a strong rally, aiming to improve liquidity and affordability without altering shareholder value.
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Wipro’s Q3 results showed mixed performance, with net profit down 7% YoY to Rs 3,119 crore even as revenue rose 6%. Margins improved to 17.6%, cash flows strengthened, and attrition fell, but deal bookings remained weak. The company guided for flat to 2% sequential IT services growth.
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Tech Mahindra Q3 Results: Tech Mahindra reported a 14.1% year-on-year rise in December quarter consolidated profit to Rs 1,122 crore, with revenue climbing 8.3% to Rs 14,393 crore. The company saw a significant 47% year-on-year increase in new deal wins, reaching $1,096 million, highlighting strong momentum and sustained investments in AI-led offerings.
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In the last 12 months, the company has declared an equity dividend amounting to Rs 11 per share and at a share price of Rs 267.60, Wipro’s dividend yield stands at 4.11%, according to Trendlyne data.
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The company, which counts Jaguar Land Rover and Tata Motors among its largest clients, reported a 4% rise in revenue to Rs 1,366 crore during the quarter.
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Federal Bank delivered a robust Q3FY26 performance, with net profit rising 9% YoY to Rs 1,041 crore, driven by record NII, stronger margins, and healthier asset quality. Post earnings, shares surged over 11% as improved CASA, lower NPAs, and steady business growth reinforced investor confidence and strengthened the bank’s financial outlook.
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Marking National Startup Day as a moment for introspection, Kamath said that despite near-term uncertainties, the broader environment remains favourable for entrepreneurs. “I can’t think of a better time to build something in India, and for the world, despite all the challenges,” he added.
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Jefferies strategist Christopher Wood is selling Bitcoin and shifting to physical gold, citing quantum computing risks to Bitcoin’s cryptography. Accelerating quantum timelines undermine digital assets’ long-term store-of-value case, prompting portfolio reallocation toward gold and mining stocks for resilience globally today.
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Oil prices have cooled after easing Iran war fears, but experts warn risks remain. From the Strait of Hormuz to OPEC+ supply signals and Venezuela’s output potential, geopolitics will continue to drive crude markets. Here’s what it means for oil prices, consumers and global energy markets in 2026, explains warns Peter McGuire, CEO of Australia-Trading.com
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Indian investors are focusing on midcap IT companies, private banks, and hard assets. Midcap IT firms are expected to grow faster due to AI adoption. Private banks are set for earnings growth after a period of consolidation. Hard assets like metals will benefit from supply constraints. These sectors offer opportunities for patient investors as the...
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