Stocks Market Today: All You Need To Know Going Into Trade On Jan 13

Good morning!

Indian equities broke their five-day losing streak to end near day's high as India-US trade deal hopes, and earnings season ignited a sharp rebound. Nifty had fallen below the 25,000 levels but closed near 25,800.

Intraday, both Nifty and Sensex fell nearly 0.90% but after it saw a sharp recovery it rose as much as 0.50%.

Nifty ended 106.95 points or 0.42% higher at 25,790.25. Nifty recovered over 300 points from the day’s low. Sensex ended 301.93 points or 0.36% higher at 83,878.17.

Wall Street witnessed a tumultuous session as stocks and bonds rebounded from early losses, but the atmosphere remained cautious due to the Trump administration's escalated attack on the Federal Reserve.

Shares of major financial institutions, including Capital One Financial Corp., American Express Co., and JPMorgan Chase & Co., plummeted following President Donald Trump's call to cap credit card interest rates at 10% for a year. The yield on 10-year Treasuries rose by two basis points to 4.19%, and the dollar gauge declined by 0.2%.

The S&P 500 rose 0.2% as of 4 p.m. New York time while the Nasdaq 100 was little changed. The Dow Jones Industrial Average rose 0.2% and The MSCI World Index rose 0.2%, reports Bloomberg.

Asian shares are trading near record highs, driven by optimism over earnings and regional economic growth. Investors are increasingly looking beyond US markets, with the MSCI Asia Pacific Index rising 0.9% for the second consecutive day. This growth has allowed Asian shares to outpace the S&P 500, despite the US benchmark reaching a record high with a 0.2% increase.

The S&P 500's performance has been strong, but Asian markets are gaining attention due to their growth potential. Equity-index futures for US stocks slightly declined by 0.2% in early Asian trading.

Japan's stock market saw significant gains after the holiday, contributing to the region's positive momentum. The yen also strengthened, gaining up to 0.2% to 157.90 per dollar, reports Bloomberg.

Gold steadied after surging on Monday on worries over the Federal Reserve’s independence as the Trump administration threatened the central bank with a criminal indictment.

Bullion traded near $4,588 an ounce after jumping 2% in the previous session. Spot gold fell 0.2% to $4,587.96 an ounce as of 7:37 a.m. Singapore time. Silver dropped 1.4% after surging by more than 6% on Monday, reports Bloomberg.

Oil traded near the highest level since early December after US President Donald Trump said he is imposing a 25% tariff on goods from countries “doing business” with Iran after a wave of deadly unrest in the OPEC member. West Texas Intermediate climbed toward $60 a barrel after jumping more than 6% over the previous three sessions, while Brent closed below $64 on Monday, Bloomberg reported.

German Chancellor Friedrich Merz will be in Bengaluru on the second day of his visit.

ICICI Prudential Life Insurance, ICICI Lombard, Tata Elxsi, Bank of Maharashtra, Just Dial

TCS Q3FY26 Results (Cons QoQ)

• Revenue up 1.95% at Rs 67087 crore versus Rs 65799 crore (Est Rs.66,892.90 crore)

• Ebit up 1.95% at Rs 16889 crore versus Rs 16565 crore (Est Rs. 16,658.50 crore)

• Ebit margin flat at 25.17% versus 25.17% (Est 24.90% )

• Net profit down 11.74% at Rs 10657 crore versus Rs 12075 crore (Est Rs. 12,868.39 crore).

TCS Key Highlights

• Numbers in line with estimates, Profit is a miss down 11.7%

• New Labour Codes, legal claim & restructuring impacting the profits by Rs 3,391 crore.

• Revenue grew in CC terms at 0.8% vs 0.6% in Q2

• Company announced a bumper dividend of  Rs.57 including Rs.46 per share as special dividend

• Q3 Annualized AI Rev at $1.8 billion, up 17.3% QoQ in CC

• Attrition at 13.5% vs 13.3 in Q2, Headcount down by 11,151 QoQ in Q3

• Deal wins remains strong at $9.3 bn vs $10 bn in Q2

HCL Technologies 

HCL Technologies Q3 FY26 Results (Cons QoQ)

• Revenue up 6.04% at Rs 33872 crore versus Rs 31942 crore.

• Ebit up 14.23% at Rs 6285 crore versus Rs 5502 crore.

• Ebit margin up 133 bps at 18.55% versus 17.22%.

• Net profit down 3.77%  at Rs 4076 crore versus Rs 4236 crore.

Key Takeaways

• Numbers beat estimates; miss on profits, down 3.77%

• One time impact of New Labour Codes dragging profits by Rs.956 crore

• Upgraded service rev guidance to 4.75% - 5.25% (vs 4 - 5%)

• HCL Software business grew the most, up 28.1% &  IT biz is up 1.5%  QoQ CC

• TCV at $3 bn up 17.0% QoQ vs 2.6 bn in Q2

• Advanced AI Revenue at $146M, up 19.9% QoQ CC

Anand Rathi (Cons, YoY)

• Total Income down 0.4% At Rs 306 crore versus Rs 307 crore QoQ

• Revenue 289.62 crore vs 237.04 crore
  (+22.18% YoY & -2.60% QoQ)

• PAT 100.19 crore vs 77.30 crore
  (+29.61% YoY & +0.29% QoQ)

AUM And Inflows  

• AUM: Rs 99,008 crore, +30% YoY.

• Mutual fund distribution revenue: Rs 366 crore, +21% YoY.

• Net inflows: Rs 10,078 crore, +10% YoY (Equity MF: Rs 6,082 crore, +4% YoY).

Kalpataru 
Pre-Sales down 14% at Rs 870 crore (YoY)

Collections up 17% at Rs 1,101 crore (YoY)

Muthoot Microfin: Board Meet on Jan. 20 to consider a fundraise via NCDs.

Indiqube Spaces: Announced expansion into Bhubaneswar. The company strengthens pan-India footprint to 17 cities.

KP Energy: The company in pact with Gujarat Govt to develop renewable energy projects for projects worth Rs 4000 crore.

Solex Energy: The company revised the disclosed value of its solar module work order to Rs 289.84 crore inclusive of taxes. The order is to supply solar Pv modules to a reputed independent power producer. The revision does not change the execution of the contract.

Mazagon Dock: The company clarifies that the company is in negotiations with the Indian Navy on project P75(I) which has already commenced and is currently ongoing.

Kirloskar Oil Engines: Registrar of Companies approves name change of arm from La-Gajjar Machineries to Koel Fluid Dynamics.

Dynamic Cables: Received accreditation from Nabl for Lab in Jaipur for testing and calibration laboratories.

Sical Logistics: The company received Loa worth Rs 4,038 crore from Southeastern coalfields for a project in Chhattisgarh.

Biocon: The company opens Qip (Qualified Institutional Placement) on Jan. 12. Approved floor price at Rs 387.74 per share. The floor price is at a premium of 4% from the last trading price. The company at its discretion offers a discount of not more than 5% on the floor price for the issue.

Karur Vysya Bank: Opened a new branch in Pune.

Aditya Birla Capital: Allots 20,400 Ncds worth Rs 204 crore on private placement basis and allotted 500 Ncds worth Rs 50 crore on private placement basis.

NLC India: The company approved the listing of the arm Nlc India Renewables. Approved dilution of 25% stake in the arm.

PSP Projects: Wins Rs 61.4 crore arbitration award versus Bhiwandi Nizampur City Municipal Corporation.

Hcltech: The company partnered with Magnum Ice Cream to modernize its digital foundation.

Mahindra Lifespace: Company to make application to Krera to seek approval for change in promoter of project.

Monarch Networth Capital: Approved Rs 59 crore investment in arm Monarch Networth Asset Mgmt.

Gillette India: Appointed Rohini Venkateswaran as a Whole-time Director for 5 years.

TVS Supply Chain Solutions: The company received a 3-year contract from Daimler India commercial vehicles. The contract is to manage warehouse operations at the Chennai unit.

Silver Touch Tech: Received national digital transformation platform project. The project is to serve as a unified framework for Govt’s digital portals.

Sai Silks (Kalamandir): The company added a store capacity of 3,996 sqft in its existing store in Tamil Nadu.

Fiem Industries: Hdfc Mf bought 2% stake in the company, shareholding increased to 7.07%.

TARC: Sales in Q3 stood at Rs 412 crore.

Adani Energy: Installed 18.88 lakh meters, total mark at 92.5 lakh. Smart metering orderbook remains at 2.46 crore meters. Smart metering revenue potential at Rs 29,519 crore.

NBCC: Arm signed a strategic collaboration with Bharat Electronics. The collaboration covers healthcare manufacturing, medical devices, digital solutions, consultancy and project execution.

Bharat Coking Coal Ltd. is engaged in the production of coking coal, non-coking coal, and washed coal. The company is a wholly owned subsidiary of Coal India Ltd. The public issue was subscribed to 33.67 times on day 2. The bids were led by Qualified institutional investors (1.44 times), non-institutional investors (96.36 times), retail investors (26.94 times), employee reserved (2.62 times), and reservation portion shareholder (44.03 times).

The company is engaged in cloud-based broadcast and connected Tv technology. It provides end-to-end solutions for content creation, distribution, and monetization across traditional Tv and streaming platforms. The total IPO issue size is Rs 1,788 crore. The issue is a combination of a fresh issue of Rs 816 crore and an OFS of Rs 972 crore. The price band is at 343 per share to 361 per share.

Force Motors: Poonawalla Aviation Private Limited bought 0.38 lakh shares (0.29%) at Rs 19790 apiece, Serum Institute Of India Private Limited sold 0.38 lakh shares (0.29%) at Rs 19790 apiece.

• Ex-bonus Issue: Authum Investment & Infrastructure (4:1)

• Share to exit anchor Lock-in: Canara HSBC Life (4%)

• Nifty January futures up by 0.36% to 25,880 at a premium of 90 points.

• Nifty January futures open interest up by 1.7%.

• Nifty Options on Jan 13: Maximum Call open interest at 26,000 and Maximum Put open interest at 25,500.

• Securities in ban period: SAIL, Samman Capital