NSE:ZOMATO

India stock market today: Sensex, Nifty snap 3-day slide as Trump eases tariff threat; rupee breaks losing streak

Sensex rose 0.49% and Nifty 50 gained 0.53% on Thursday, ending a three-day decline after U.S. President Trump eased tariff threats. The rupee closed at 91.63 per dollar, rebounding from a record low. Dr Reddy’s surged 5.2% after regulatory approval for a generic Ozempic, while Eternal fell 2.7%. The Reserve Bank of India conducted over $2 billion in FX swaps to support liquidity.

22 January 2026

NSE:DRREDDY·NSE:ZOMATO·Stock Market

Deepinder Goyal steps down as Eternal CEO, hands reins to Blinkit boss Dhindsa as Q3 profit jumps

Eternal founder Deepinder Goyal will step down as CEO, with Blinkit chief Albinder Singh Dhindsa taking over on Feb. 1. Third-quarter profit rose to 1.02 billion rupees, while revenue from operations surged to 16,315 crore rupees. Shares climbed as investors weighed Blinkit-driven growth against margin pressures. Goyal will remain as vice chairman, pending shareholder approval.

21 January 2026

NSE:ZOMATO

Kennametal (KMT) Valuation Examined After Recent Share Price Decline
March 20, 2026, 3:19 AM EDT. Kennametal (KMT) shares fell about 9% last week and 10% over the month following a strong 22% gain in three months. Despite a 67.9% total shareholder return over one year, recent pullbacks raise questions on future growth prospects. The stock trades slightly below analyst targets but well below some intrinsic value estimates, with a fair value around $37.13 versus a $35.18 close. Cost-cutting efforts, including $125 million in expected savings by fiscal 2028, aim to improve margins. However, risks include persistent weak demand and potential delay in realizing efficiencies. Investors should weigh these factors carefully amid mixed market signals and consider alternative industrial exposure opportunities.