Today: 8 July 2026

Adani Enterprises shares slump 5% after Thursday bounce as valuation worries bite again

Adani Enterprises shares slump 5% after Thursday bounce as valuation worries bite again

Adani Enterprises dropped 5.2% to 1,978.6 rupees on Friday, giving back some of the previous session’s gains and edging closer to recent lows. The stock swung between 1,968.2 and 2,085.95 rupees, hovering near its 52-week low of 1,965.05, according to exchange data cited by Mint. https://www.livemint.com/market/market-stats/stocks-adani-enterprises-share-price-nse-bse-s0003094 Indian equities faltered after an initial gain, with the Nifty inching up 0.01% and the Sensex slipping 0.03% in early trade. “There is a bit of tentativeness among large investors due to the persistent foreign fund outflows… weighing on the market,” said Dharmesh Kant, head of equity research at Cholamandalam Securities. https://www.reuters.com/world/india/indian-shares-poised-open-higher-easing-geopolitical-jitters-2026-01-23/
23 January 2026
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India’s Q3 results rush: IndusInd Bank profit seen plunging as JSW Steel, BPCL, Cipla report today

India’s Q3 results rush: IndusInd Bank profit seen plunging as JSW Steel, BPCL, Cipla report today

Friday’s earnings slate in India is packed, with more than 50 firms set to report their December 2025 quarter results. IndusInd Bank stands out, expected to post a significant profit decline, based on brokerage forecasts. Earnings from banks, commodity-linked firms, and consumer brands fill the calendar. These sectors often drive index moves, and their reports can rapidly alter near-term outlooks.
23 January 2026
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Paytm share price whipsaws after Investec starts coverage with ‘Buy’ and ₹1,550 target

Paytm share price whipsaws after Investec starts coverage with ‘Buy’ and ₹1,550 target

Paytm shares reversed course on Friday, dropping nearly 4% by 11:50 a.m. after an initial jump of 3.48%, sparked by Investec kicking off coverage with a “Buy” rating and a 1,550 rupee target price. Investec described Paytm as a “payments toll-road operator with strong opex leverage,” projecting a 23% net revenue CAGR from FY26 to FY28E and an EBITDA margin rising to 24% by FY28E, up from 8% in H1FY26. Indian indices were lower too, with the Nifty down 0.33% and the Sensex slipping 0.39% near midday. The stock’s reaction to brokerage calls highlights a larger, unresolved issue: can One 97 Communications, the operator of Paytm, turn its payment volume into consistent profits following regulatory blows to its banking division. India’s central bank has ordered Paytm Payments Bank to halt deposits and key services after Feb. 29, 2024, due to ongoing compliance problems—a move that shook Paytm’s broader business at the time.
23 January 2026
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Stock Market Today

  • Latham & Watkins Out Front in IPO Advisory as AI Boom Fuels Energy Deals
    July 8, 2026, 5:26 AM EDT. Latham & Watkins led global IPO advisory with close to $67 billion in deals for H1 2024, more than doubling its total for all of 2023, according to Bloomberg. The firm is seeing a pickup from growing energy demands tied to artificial intelligence, which is feeding a wave of U.S. energy IPOs. Capital markets lawyer Ryan Maierson at Latham called for a record year, saying energy IPOs could hit their highest mark since 2014. That puts the firm front and center as companies look to go public and AI's intense power consumption pushes up activity.
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