Stock

Paisalo Digital has redeemed ₹1 crore of unlisted, unsecured redeemable non-convertible debentures early, reducing long-term debt. The company redeemed 10 NCDs from Series PDL-09-2023, seven years ahead of maturity.

Kotak Mahindra Bank reported a consolidated net profit of ₹3,446 crore for Q3 FY26, a 4.3% increase from last year. Operating profit rose 4% to ₹5,380 crore, driven by healthy net interest income growth, highlighting the bank's consistent earnings amidst a challenging banking environment.

PhonePe's upcoming IPO in 2026, structured as an Offer for Sale, sees Walmart diluting 9% of its stake to meet SEBI's public shareholding requirement. Most shareholders, including founders, are retaining their investments, signaling strong confidence in the company's growth and fundamentals.

Investor Ashish Kacholia adjusted his ₹2,400 crore portfolio in the December quarter, adding stakes in Adcounty Media and TechEra Engineering. He also increased his holdings in Gujarat Apollo and Knowledge Marine while reducing investments in Vasa Denticity and Walchandnagar Industries.

The Union Budget for FY26-27, set for February 1, is expected to focus on capital expenditure and growth amid global challenges. Historically, markets exhibit caution before the budget, with negative returns preceding it, while post-budget periods often see recovery and improved investor confidence.

Shriram Finance is recommended by Sumeet Bagadia as a top stock for Republic Day 2026, showing strong technical indicators and a recent price rally. The stock has gained 336% over five years, with targets of ₹1,110 and ₹1,165 advised for investors.

Adani Enterprises clarified it is not involved in any legal proceedings mentioned in recent media reports, responding to inquiries from the BSE and NSE. The company emphasized there are no allegations against it, following reports of a US regulator seeking legal action against its leaders.

Indian stock markets will be closed on January 26, 2026, for Republic Day, resuming trading on January 27. The equity and currency markets are shut, but commodity derivatives will trade in the evening. India will observe 16 trading holidays in 2026, with the next on March 3 for Holi.