Stock Market Live Updates: GIFT Nifty Hints At Flat Opening; Persistent Systems, United Spirits, HPCL Shares In Focus

Q3 Results Live Today

More than 60 companies are scheduled to announce their Q3FY26 results on Jan. 21. Major names include Zomato's parent company, Eternal, as well as Dr Reddys Laboratories Ltd., Thangamayil Jewellery Ltd., UTI Asset Management Company Ltd., Waaree Energies Ltd., PNB Housing Finance Ltd., and Tata Communications Ltd.

Stock Market Live: Entity Operating Chinese Wok Will Now Operate Burger King

Following the exit of Everstone Capital as the promoter entity of Restaurant Brands Asia Ltd., the quick-service restaurant company that operates Burger King, has confirmed it will be acquired by Inspira Global. This effectively means Aayush Madhusudan Agrawal, a promoter of Inspira Global, will acquire a controlling stake in RBA.

The acquisition has been valued at around Rs 70 per share, representing a 10% premium from Tuesday's closing price. However, it must be noted that the deal will be executed inter alia through Lenexis Foodworks, which is the food and beverage arm of Inspira Global. The entity will now utilise that synergy to manage and operate Burger King outlets across the country. It also runs brands like Big Bowl and The Momo Co

Apart from acquiring the entire 11.26% shareholding of QSR Asia Pte. Ltd. for a figure of around Rs 460 crore, Inspira Global proposes to infuse around Rs 900 crore through a preferential allotment of equity shares and Rs ₹600 crore through the preferential allotment of warrants, with the transaction set to trigger an open offer for public shareholders, Restaurant Brands Asia confirmed in an exchange filing.

Mastek Q3 Results Live: Profit Up 11%

The IT major saw its standalone bottom-line swell 11% quarter-on-quarter to Rs 108 crore from Rs 97.5 crore. Revenue, however, slipped 3.7% to Rs 906 crore, compared Rs 940 crore in Q3 FY25. 

Earnings before interest, taxes were largely unchanged at Rs 128 crore. Margins saw an expansion to 14.1% from 13.6%. 

The company, while announcing the Rs 8-per-share interim dividend, said it has fixed Jan. 30 as the record to determine the shareholders eligible for the dividend payout. The amount will be paid on or after Feb. 17, it said.

Gold, Silver Price Today

Gold and silver prices have increased across major Indian cities on Wednesday, Jan. 21, 2026, as the precious metals felt the pressure of the worsening crisis over Greenland and a meltdown in Japanese government debt supported haven demand.
Today, gold is trading at Rs 151,230 while silver is at Rs 323,920, according to the India Bullions' website.

Silver rallied even more than gold levels with an Indian average at Rs 323,920. The white metal was trading at Rs 323,330 in Mumbai, according to Bullion's website.

Nifty Today| Stock Market Live Updates: Brokerages On CEAT

Kotak Securities on CEAT
Maintain Reduce; Hike TP to Rs 3,480 from Rs 3,450.
India business remains resilient.
Camso performance continues to cap upside.
Standalone revenue and EBITDA beat estimates.
FY26–28 EPS estimates cut by 1–4%.

CLSA on CEAT
Maintain Outperform; Hike TP to Rs 4,640.
Strong growth offsets pressure on gross margins.
Commodity inflation and currency depreciation impacted margins.
EBITDA margin at 13.6% supported by operating leverage.

Trade Setup: Nifty Support Slips To 25,000 After Index Plunges 350 Points

Analysts expect volatility to persist till clarity emerges on the US–Europe tariff standoff over Greenland.

"The index formed a sizable bearish candle, registering a lower high and a lower low, which underscores an extension of the ongoing decline and confirms the continuation of the corrective bias," said Bajaj Broking Research.

The key support for Nifty lies at 25,000 level, while on the upside, immediate resistance can be found at around 25,500 levels, it added.

Nifty Today| Stock Market Live Updates: What Brokerages Say On United Spirits

Investec on United Spirits
Maintain Buy with TP of Rs 1,673.
Volume softness offset by strong product mix.
Gross margin expanded sharply.
Earnings growth expected to accelerate in Q4.

JPMorgan on United Spirits
Maintain Overweight with TP of Rs 1,650.
Revenue growth held up despite muted volumes.
Advertisement spends rose sharply, impacting EBITDA margins.

Nifty Today| Stock Market Live Updates: What Brokerages Say On Persistent Systems

Investec
Maintain Hold; Hike TP to Rs 6,665 from Rs 5,825.
Execution remained strong.
EBIT margin expanded 44 bps QoQ despite compensation hikes.
Strong deal wins with net new ACV of $256 million.

UBS
Maintain Buy; Hike TP to Rs 7,490 from Rs 7,425.
Q3 performance remained robust.
EPS beat expectations after adjusting for labour code impact.
Management prioritises growth over further margin expansion.

Nifty Today| Stock Market Live Updates: What F&O Cues Indicate

• Nifty Jan futures is down 1.28% to 25,268 at a premium of 36 points.

• Nifty Options 2th Jan Expiry: Maximum Call open interest at 26,000 and Maximum Put open interest at 25,000.                       

• Securities in ban period: SAIL, SAMMAANCAP

Stock Market Live Updates: Dollar Check

The US Dollar index is down 0.09% at 98.280.
Euro was up 0.04% at 1.1731.
Pound was up 0.13% at 1.3453.
Yen was down 0.15% at 157.92.

Stock Market News Live Updates: Global Check

Asian stocks dropped 0.5% at the open after the S&P 500 posted its steepest loss since October. In a sign that stocks may be steadying, equity-index futures for the US rose 0.2% in early Asian trading. Amid the increased volatility, gold rose to a fresh record.

Stock Market Live Updates: GIFT Nifty Hints At Flat Opening

Good morning readers.

The GIFT Nifty was trading near 25,300 early on Wednesday. The futures contract based on the benchmark Nifty 50 rose 0.15% at 25,293 as of 6:46 a.m. indicating a flatish start for the Indian markets. This comes as Asian stocks retreated after a selloff on Wall Street.

In the previous session on Tuesday, the benchmark ended in red extending fall for the second day. The NSE Nifty 50 ended 353 points or 1.38% lower at 25,232.50, while the BSE Sensex closed 1,065.71 points or 1.28% lower at 82,180.47.