Archive · 19 Jan 2026
Indian Stock Market Mixed Amid Earnings Season
The Indian stock market had a mixed start to the week.
The Nifty 50 and Sensex both went down a little bit because some big companies like Reliance and ICICI Bank didn't make as much money as people hoped.
Wipro also went down because they said they won't make as much money in the next few months as people thought.
Dharmesh Shah from ICICI Securities says the market is a bit unsure right now, but there are some good chances to buy certain stocks.
He thinks NMDC is a good stock to buy right now.
He says to buy it when it's between ₹80 and ₹83, and it could go up to ₹94.
If it goes down to ₹76, you should sell it.
HDFC Bank also said they made about the same amount of money as last time, but some people think it's a good time to buy their stock because it's not doing as well as other bank stocks right now.
The market is also waiting for some big companies to say how much money they made this quarter, which could make the market go up or down.
Overall, the market is a bit unsure, but there are some good chances to buy certain stocks if you're careful.
Indian stock market opens lower due to disappointing earnings from major companies like Reliance and ICICI Bank.
Nifty 50 and Sensex both decline, with Nifty 50 at 25,582 (down 0.45%) and Sensex at 83,224.86 (down 0.4%).
Dharmesh Shah of ICICI Securities recommends buying NMDC shares with a target price of ₹94 and a stop loss of ₹76.
HDFC Bank reports steady Q3 earnings with loan growth of 12% YoY and 2.7% QoQ, but underperforms broader Nifty Bank.
Market remains in a range of 25,300-26,300, with key support at 25,300, as earnings season and geopolitical uncertainties continue.
- Who
- Indian stock market participants, Dharmesh Shah (ICICI Securities), HDFC Bank, NMDC
- What
- Mixed market performance, earnings reports, stock recommendations
- When
- 19 January 2026
- Where
- Indian stock market
- Why
- Earnings season, geopolitical uncertainties, market volatility
- Nifty 50
- 25,582 (down 0.45%)
- Sensex
- 83,224.86 (down 0.4%)
- NMDC Buy Price
- ₹80-83
- NMDC Target Price
- ₹94
- NMDC Stop Loss
- ₹76
- HDFC Bank Q3 Loan Growth
- 12% YoY, 2.7% QoQ
- HDFC Bank NIM
- Up 8 bps QoQ
- HDFC Bank LDR
- 98.5%
- Market Range
- 25,300-26,300
- Key Support
- 25,300
Sources
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