January 20, 2025, has brought a mix of key events shaping the stock market. From global political developments to corporate earnings and IPO activity, here’s a quick look at the top updates:
Trump Inauguration and Market Sentiment
Donald Trump’s inauguration for a second term as U.S. President is in focus. Global investors are assessing his potential policy moves, particularly in trade and tariffs, which could impact markets worldwide. The dollar is holding strong, while Asian markets have shown cautious optimism, reflecting anticipation of policy changes.
Paytm, Zomato Q3 Results
In India, all eyes are on corporate earnings as 37 companies are set to release their third-quarter results today. Zomato is expected to post robust growth, driven by improved operational metrics and an expanding customer base. Meanwhile, Paytm is projected to report a revenue dip of 35-36%, raising questions about its evolving business model and profitability.
Stallion India IPO Closes Today
The Stallion India Fluorochemicals IPO concludes its subscription today, receiving a stellar response with an oversubscription of 32.06 times. The ₹199.45 crore offering has drawn strong investor interest, with allotments scheduled for January 21 and a listing date on January 23.
Market Outlook
With these major events underway, investors should remain vigilant as global and domestic developments are expected to influence the markets significantly in the days to come.
Stay tuned for more updates on earnings, IPO activity, and policy decisions shaping the markets.