Today, Friday, January 16, marks the last trading day of the week. The Indian stock market is expected to open on a cautious note.
This cautious approach comes after a sharp fall in the benchmark indices on Wednesday, the release of several quarterly results on Thursday, and mixed cues from Asian markets.
Due to these factors, investors may prefer to remain careful while taking fresh positions during today’s trading session.
Previous Market Performance
On Wednesday, both key benchmark indices ended the session in the red. The Nifty 50 declined by 66.70 points, or 0.26 percent, to close at 25,665.60. Similarly, the Sensex fell by 244.98 points, or 0.29 percent, and settled at 83,382.71.
The combined impact of weak sentiment from Wednesday’s fall and the corporate earnings announced on Thursday may influence stock-specific movements today.
Stocks to Watch Today
Several stocks are likely to remain in focus due to recent corporate announcements, quarterly results, and business updates.
Infosys
Infosys shares are expected to be actively tracked today after the IT major announced its third-quarter results for the financial year 2025–26 on January 14.
The company reported a 2.2 percent rise in revenue on a quarter-on-quarter basis, reaching ₹45,479 crore. However, its net profit declined by 9.6 percent to ₹6,654 crore, compared to ₹7,364 crore in the previous quarter.
The company explained that profits were impacted due to the implementation of the new labor code.
As a result, exceptional expenses increased because of significant adjustments related to gratuity and leave liabilities, which weighed on overall profitability.
L&T Technology Services
L&T Technology Services will also be in the spotlight after announcing its Q3 results for FY 2025–26 on Thursday.
The company reported a net profit of ₹303 crore, which is a decline of 7.9 percent compared to ₹329 crore reported in the same quarter last year.
The fall in profit was largely attributed to a one-time cost related to the implementation of the labor code, which resulted in an additional expense of ₹35.4 crore.
Jio Financial Services
Jio Financial Services shares are likely to attract investor attention today after strong quarterly numbers from Jio Platforms.
The company reported a 26 percent jump in net profit, which stood at ₹6,861 crore for the December quarter. Revenue also showed healthy growth, rising 19.4 percent to ₹33,074 crore.
In addition to financial growth, Jio’s subscriber base increased significantly, reaching 482 million during the quarter, indicating continued expansion of its user base.
Waaree Renewable Energies
Waaree Renewable Energies is another stock to watch after the company secured a new order worth ₹102.75 crore.
The order is for the development of a 25MWac/35MWp solar power project on a turnkey basis. The project is expected to be completed during the financial year 2026–27, which could positively impact the company’s future revenue outlook.
NTPC
Shares of NTPC may see movement today following a key update from the company. On Thursday, NTPC announced that its subsidiary, NTPC Renewable Energy, has started commercial supply of 300 MW of electricity from its 500 MW Bhadla Solar Project in Rajasthan.
The commercial operations began on January 13, and this development highlights NTPC’s growing focus on renewable energy generation.
Groww
Groww will also remain in focus after announcing its third-quarter results on Wednesday.
Along with its earnings, the company revealed that US-based asset manager State Street Investment Management will acquire a 23 percent stake in Groww Asset Management.
The deal is valued at USD 65 million, which is approximately ₹580 crore, and is seen as a major development for the company.
HDFC Life
HDFC Life shares are expected to be watched closely following the announcement of its Q3 results on Thursday.
The company reported an 11 percent year-on-year growth in premium equivalent, which reached ₹3,974 crore. The value of new business increased by 3 percent year-on-year to ₹930 crore.
For the third quarter of FY26, HDFC Life posted a consolidated profit after tax of ₹418.2 crore, which remained nearly flat compared to ₹421.3 crore reported in the same quarter last year.
Overall Market Sentiment
Overall, the market mood for today appears cautious, with investors likely to focus on stock-specific movements driven by quarterly earnings, corporate developments, and global cues.
While broader indices may remain under pressure, individual stocks could see volatility based on company-specific news.
