Day

January 20, 2026
U.S. bank stocks fell in ‍morning trading on Tuesday in a broader market decline ​as investors waited to see if the Trump administration’s January 20 deadline to implement a 10% cap ⁠on credit card interest rates would take effect.
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United Spirits reported a 25% year-on-year increase in its December quarter consolidated net profit, reaching Rs 418 crore. Revenue from operations saw a nearly 3% rise to Rs 7,942 crore. The company also announced an interim dividend of Rs 6 per equity share.
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IndiaMART InterMesh posted strong December quarter results with profit up 56% year on year to Rs 188 crore, revenue rising 13%, robust collections growth, healthy deferred revenue, stable margins, and improving cash flows despite modest sequential topline growth trends overall.
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Retail chain Shoppers Stop on Tuesday reported a decline of 69.13 per cent in its consolidated net profit at Rs 16.12 crore in the December quarter of FY26, citing factors such as a shift in the festival period and uneven consumption trends.
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CreditAccess Grameen swung to a Rs 252 crore Q3 profit from a year-ago loss, aided by sharply lower provisions. Operating profit rose, assets grew, and management cited stabilising asset quality despite a higher gross NPA ratio across geographies this quarter.
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BNP Paribas acquired 35.43 lakh Tata Motors Commercial Vehicle shares via a Rs 152 crore block deal from Goldman Sachs. Shares slipped post-deal, while the company reported a quarterly loss despite revenue growth and margin improvement.
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Benchmark Nifty fell sharply for a second day amid tariff and geopolitical worries. Technicals stay bearish near oversold levels as the index drifts toward 200-DMA, while analysts flag fragile support and selective stock opportunities ahead now.
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U.S. IT hardware ‍stocks dropped on Tuesday ​after Morgan Stanley downgraded the sector, warning of slowing ⁠demand as companies rein in spending amid economic uncertainty and rising component costs.
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Netflix has switched to an all-cash offer for Warner Bros Discovery’s studio and streaming ​assets without increasing the $82.7 billion price in a bid to shut the door on Paramount’s rival efforts to snag the Hollywood giant.
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Indian markets stayed cautious amid uncertainty over US tariff rulings, persistent FII outflows, rising global bond yields and a weaker rupee. Nifty technicals stayed bearish near 200-DMA, with mid and small caps underperforming ahead of earnings and global cues developments.
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