The stock market today is stepping into the new trading week cautiously. After a holiday break on Monday, Indian equities are expected to open flat to mildly positive on Tuesday, January 27. Global cues remain mixed, and domestic investors are still digesting earnings updates, corporate actions, and broader market sentiment.
With the Union Budget 2026 around the corner and Q3 results continuing to trickle in, select stocks are set to stay in focus. Names like Vodafone Idea, Axis Bank, HCL Tech, PVR Inox, Torrent Pharma, MCX, Waaree Renewable Technologies, Pine Labs, and Hindustan Copper share price could see heightened activity as investors track fresh developments.
Market Performance: Where the Broader Market Stands?
The Indian market ended the previous week under pressure.
On Friday, profit booking dominated trade amid geopolitical uncertainties and mixed corporate earnings. Both benchmark indices closed firmly in the red.
- Sensex: down 770 points (–0.94%) at 81,537.70
- Nifty 50: slipped 241 points (–0.95%) to 25,048.65
Asian markets were mixed in early trade, while US equities ended marginally higher overnight. Overall, the mood remains cautious, with investors selectively tracking company-specific triggers rather than taking broad market bets.
Main News: Stocks That May Stay in Focus Today
Against this backdrop, several stocks are likely to draw attention in the stock market today, driven by earnings announcements, stake changes, acquisitions, and strategic partnerships.
Vodafone Idea and Other Q3 Result Stocks
Shares of Vodafone Idea, Asian Paints, Tata Consumer Products, Marico, Motilal Oswal, and Vishal Mega Mart are expected to remain active as these companies are scheduled to announce their Q3 FY26 results today. Result-driven volatility could keep these names in focus throughout the session.
HCL Tech Strengthens Wealth-Tech Presence
HCL Tech announced a definitive agreement to acquire Singapore-based Finergic Solutions. The deal is aimed at strengthening its digital transformation capabilities in the wealth management space. The transaction is expected to be completed by April 30, making this a key corporate development to watch.
Axis Bank Q3 Performance
Axis Bank reported a steady performance for the December quarter.
- Standalone net profit: ₹6,490 crore
- Year-on-year growth: 3%
- Previous year’s profit: ₹6,304 crore
The numbers highlight stable earnings momentum, keeping Axis Bank on investors’ radar in the stock market today.
Kotak Mahindra Bank Posts Modest Growth
Kotak Mahindra Bank delivered moderate profit growth in Q3 FY26.
- Standalone net profit: ₹3,446 crore
- YoY growth: 4%
- Q3 FY25 profit: ₹3,305 crore
PVR Inox Exits Packaged Foods
PVR Inox has exited the packaged foods segment by selling its entire stake in gourmet popcorn brand 4700BC to Marico.
- Deal value: ₹226.8 crore
- Deal type: All-cash transaction
This move brings an end to PVR Inox’s nearly 10-year investment in the segment.
Torrent Pharma Increases Stake in JB Chemicals
Torrent Pharma picked up an additional 2.36% stake in JB Chemicals, taking its total equity ownership to 48.75%. The move strengthens Torrent’s position in the company.
MCX Reports Strong Profit Growth
MCX (Multi Commodity Exchange of India) delivered sharp growth in its quarterly performance.
- Consolidated net profit: ₹401 crore
- YoY growth: 151%
- Profit last year: ₹160 crore
- Quarter: Ended December 31, 2026
This sharp jump makes MCX one of the standout names in the stock market today.
Waaree Renewable Technologies Acquisition Plan
Waaree Renewable Technologies plans to sign a binding term sheet to acquire around 55% stake in Associated Power Structures.
- Deal size: ₹1,225 crore
- Structure: Combination of primary and secondary transactions
- Status: Subject to due diligence and standard closing conditions
Pine Labs Expands Global Footprint
Fintech player Pine Labs entered into a strategic alliance with Wio Bank, a leading digital financial services platform in the Middle East. The partnership signals Pine Labs’ growing focus on international markets.
Hindustan Copper Share Price in Focus
Hindustan Copper share price may remain active after HCL emerged as the preferred bidder for the Baghwari-Khirkhori copper and associated mineral block in Madhya Pradesh. The development brings renewed attention to the company.
Company Details at a Glance
- Vodafone Idea: Q3 FY26 results awaited
- Axis Bank: Q3 net profit at ₹6,490 crore
- HCL Tech: Acquisition of Finergic Solutions announced
- PVR Inox: Exits 4700BC via ₹226.8 crore deal
- Torrent Pharma: Stake in JB Chemicals rises to 48.75%
- MCX: Net profit jumps 151% to ₹401 crore
- Waaree Renewable Technologies: Plans ₹1,225 crore acquisition
- Pine Labs: Partners with Wio Bank
- Hindustan Copper: Linked to new mineral block bidding news
Summary: What This Means for the Stock Market Today?
The stock market today is shaped more by stock-specific triggers than broad optimism. With Q3 results underway and corporate actions picking up pace, counters like Vodafone Idea, Axis Bank, HCL Tech, PVR Inox, MCX, Waaree Renewable Technologies, Pine Labs, and Hindustan Copper share price are expected to stay in focus.
While the broader indices remain under pressure, active stocks driven by earnings updates, acquisitions, and partnerships may see selective action as investors navigate a cautious but opportunity-led session.
Source: Livemint
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