Post Market Update- Easing global cues lift markets higher

Stocks in the news-

1. Ceigall declared lowest bidder for a project worth Rs. 2,160 Cr from NHAI.

2. RailTel bagged order worth Rs.141 Cr from Ministry of Defence.

Earnings-

1. Zee Entertainment Enterprises Q3 net profit down 5.1% YoY at Rs. 155.3 Cr.

2. Steel Strips Wheels Q3 net Profit down 2.3% YoY at Rs. 46.6 Cr

Indian indices-

After three days of sharp decline, Indian markets have staged a strong recovery on January 22, 2026, amid easing geopolitical concerns and India-US trade deal hopes. On the sectoral front, except realty, consumer durables, all other indices ended in the green. BSE midcap and smallcap indices added 1% each. At close, the Sensex was up 397.73 points or 0.49% at 82,307.37, and the Nifty was up 132.40 points or 0.53% at 25,289.90.

Rupee ended at 91.63/$ against January 21, 2026, close of 91.70/$.

Buzzing stocks on BSE-

1. Waaree Energies jumped 9.29% to Rs. 2,640.25, after Company Q3 consolidated net profit zoomed 115.6% YoY to Rs. 1,062.5 crore for the Quarter ended December 31, 2025, against Rs. 492.7 crore for the Quarter ended December 31, 2024.

2. Oracle Financial Services Software rose 3.15% to Rs. 7,919.95, after the company reported a 12.6% increase in consolidated net profit to Rs. 609.6 crore in Q3 FY26 over Q3 FY25.

3. Ujjivan Small Finance Bank gained 7.38% to Rs. 62.02, after its Q3 net profit rose 71% YoY at Rs. 186 Cr for the Quarter ended December 31, 2025, as compared to Rs. 109 Cr for the quarter ended December 31, 2024.

Global Signals-

Asia-Pacific markets rebounded after US President Donald Trump walked back on his threats to impose tariffs on European countries over Greenland.

European stocks rose after Trump's Greenland 'deal,' tariffs retreat.