Nifty 50 Ended In Green; LTIMindtree Surged ~5%, L&T Technology Services Plunged ~8%; India’s Overall Trade Deficit Stood At $6.9 Billion In Dec & More
- Share.Market
- 10 min read
- 16 Jan 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Nifty 50 and Sensex ended in the green on Friday, January 16, with the IT sector leading the rally. Infosys posted better-than-expected December quarter (Q3FY26) earnings post-market on Wednesday and LTIMindtree bagged an order worth ₹3,000 crore. Rupee fell to a low of 90.4 against the dollar, weighed down by a widening merchandise trade deficit of $25 billion.
Key Indices – Share Market
INFYInfosys shares rallied today as the company’s Q3FY26 revenue grew 8.9% to ₹45,479 crore, up from ₹41,764 crore in the same period last year. Its profit slipped 2.2% to ₹6,654 crore. The company’s large deal wins stood at $4.8 billion during the quarter, a jump from $3.1 billion in Q2.
LTIMLTIMindtree bagged a ₹3,000 crore “Insight 2.0” contract from the Central Board of Direct Taxes (CBDT). The seven-year deal involves building an AI-powered tax analytics platform, cementing the company’s leadership in large-scale government digital transformation projects.
360ONE360 One Wam delivering stellar quarterly results. The company’s revenue jumped over 30% to ₹1,220 crore, while profit grew 18% to ₹327 crore.
AHLUCONTAhluwalia Contracts won a massive ₹3,070 crore EPC order from the CPWD for the Central Vista Project. The contract involves constructing Common Central Secretariat Buildings 8 & 9 in New Delhi, to be executed within 21 months.
LTTSL&T Technology Services tanked over 7% after posting Q3FY26 results. Its profit fell to ₹303.1 crore, declining both YoY (₹319.5 crore) and QoQ (₹329.2 crore). Sentiment soured further as revenue slipped nearly 3% sequentially to ₹2,957 crore.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty ITNIFTY IT | +3.34%+1263.95 | 39086.65 |
 Nifty PSU BankNIFTY PSU BANK | +1.16%+103.60 | 9014.25 |
 Bank NiftyNIFTY BANK | +0.86%+515.00 | 60095.15 |
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 14 Jan 2026 | -4,781.24 | 5,217.28 |
| 13 Jan 2026 | -1,499.81 | 1,181.78 |
| 12 Jan 2026 | -3,638.40 | 5,839.32 |
| 09 Jan 2026 | -3,769.31 | 5,595.84 |
| 08 Jan 2026 | -3,367.12 | 3,701.17 |
| Month-to-Date | -21,706.27 | 30,141.40 |
What’s Happening Beyond Markets?
- The Indian Rupee fell to a low of 90.4 against the dollar, weighed down by a widening merchandise trade deficit of $25 billion.
- Data from the Commerce Ministry shows that India’s overall trade deficit stood at $6.9 billion in December, compared to $1.46 billion year-on-year, with exports dipping marginally while imports rose.
- As per the DPIIT Secretary, Foreign Direct Investment (FDI) inflows surged to $51 billion in the last six months. This increase is attributed to the government’s aggressive push for manufacturing and deeper collaboration with the startup ecosystem, signalling strong global investor confidence.
- India’s exports to China witnessed a massive 67.35% year-on-year jump in December, according to Commerce Ministry data. This surge is a significant development given the global supply chain realignments, indicating a growing appetite for Indian goods in the Chinese market despite broader geopolitical headwinds.
Result Update
Track who beat or missed street estimates from the Nifty50
| Stocks | Revenue Q2FY26 (Estimated) | Revenue Q2 FY26 (Actual) | Change (%) |
| Infosys Ltd. | ₹45,251.69 crore | ₹45,479 crore | 🔼 0.50% |
| HDFC Asset Management Company Ltd. | ₹1,074.76 crore | ₹1,234.39 crore | 🔼 14.85% |
Back to Basics
Terms that put you one step ahead – every day
What is a Current Account Deficit (CAD)?
Current Account Deficit (CAD) occurs when the total value of goods, services, and transfers a country imports exceeds the value of what it exports. Simply put, it indicates that a nation is spending more on foreign trade than it is earning.
While a moderate CAD is often acceptable for developing economies investing in growth, a widening deficit can be a warning sign. It implies a higher demand for foreign currency, which can weaken the domestic currency and fuel imported inflation. You should track CAD data to gauge the potential volatility of the currency and the country’s reliance on foreign capital to stay afloat.
IPO Corner: Mainboard
Upcoming IPO
| Company | Date | Total Issue Size | Issue Price | Minimum Investment |
| Shadowfax Technologies | January 20, 2026 to January 26, 2026 | ₹1,907 Cr | ₹118 to ₹124 per share | ₹14,160 |
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| Bank of Maharashtra | 20 Jan 2026 | 20 Jan 2026 | Interim Dividend | ₹1.00 |
| NLC India Ltd. | 20 Jan 2026 | 20 Jan 2026 | Interim Dividend | ₹3.60 |
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
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