Business

The stock fell as much as 10.9% to Rs 645.25 apiece in intraday trade, its lowest level since November 2023. It was last trading at Rs 655.30, down 10.87%, compared with its previous close of Rs 735.20.

Coming to the near-term outlook, Kotak Securities believes that over the next 1-2 months, especially in March - the last month of fiscal - rupee tends to see a lot of flows from exporters, so one positive factor could play out on the domestic unit.

Here at NDTV Profit, we will take a look at five reasons why the markets are under pressure in trade on Tuesday.

More than 40 companies are set to announce the results for the December quarter on Tuesday.

The company has already appointed merchant bankers and hopes to file the draft red herring prospectus (DRHP) with SEBI in the next two months, he said.

With more players eyeing listings and aggressive expansion, CEO Rohit Kapoor said Swiggys leadership is unfazed. "We were born in competition," he said. What matters more, he argued, is the pace at which the category itself is expanding.

LTIMindtree, Tata Capital, Oberoi Realty, Ceat, Bansal Wire, Havells and Ola Electric shares in focus today.

The IT sector has been a subject of much discussion in Indian markets, especially after major firms reported their third-quarter earnings for the financial year ending March 2026. With the year just kicking off, Pankaj Murarka, CIO of Renaissance Investment Managers, believes the IT sector is set to outperform markets in 2026.

A key overhang for the stock has been Q3 margin performance, which fell short of market expectations.

InterGlobe Aviation quarterly results will be available around 4 p.m. on Thursday at the companys website and on the exchange websites.

Despite near-term execution challenges, BHELs strong pipeline, rising nonpower opportunities position it well for sustained growth, says the brokerage.

At the current price, Motilal Oswal believes the risk-reward is favorable for Suzlon Energy.

Axis Bank CEO Amitabh Chaudhry flags the need for consistent quarter-on-quarter growth, while hoping the Budget sticks to fiscal consolidation and boosts spending on R&D.

Oberoi Realty's shares dropped 5.80% to Rs 1574.10 after reporting a marginal rise in Q3 net profit to Rs 622.64 crore, with total income increasing to Rs 1561.74 crore.

Havells remains optimistic on gradual demand recovery, amid industry headwinds from commodity inflation and an evolving regulatory environment.

Gold and silver prices surged across major Indian cities on January 20, 2026, driven by global market uncertainty after US tariff threats on European allies amid a diplomatic dispute.

Motilal Oswal trimmed PNB's FY27E/FY28E earnings estimates by 3% and 4%, respectively, factoring in the margin pressure and provision adjustments.

Gold traded near $4,670 an ounce on Tuesday, while silver briefly touched a record $94.7295 an ounce.

NYSE, which is owned by Intercontinental Exchange Inc., plans to use its existing technology that matches buyers and sellers, combined with private blockchain networks, to facilitate the trading of tokenized securities in real-time, according to executives.

About 4.35 crore shares, or 3.57% of the company's equity, changed hands for Rs 289 crore, at an average price of Rs 66.4 per share.