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Laurus Labs reported a 7% YoY drop in API revenues to Rs 531 crore for Q3 FY24, driven by lower ARV volumes. However, the FDF segment saw ARV sales grow 40% sequentially, highlighting a rebound in this category despite overall revenue pressure.

Canara Bank Q3 Results: Net interest income declined 3% YoY to Rs 9,149 crore. Pre-provision operating profit surged 15% YoY to Rs 7,837 crore, up from Rs 6,805 crore a year ago. Provisions for Q3 increased 26% YoY to Rs 2,398 crore.

ACC Q3 Results: On a sequential basis, the profit after tax (PAT) for the Adani Group company surged by 447%, compared to Rs 200 crore reported in Q2FY25. Meanwhile, the topline witnessed a 15% uptick on a quarter-on-quarter basis, compared to Rs 4,521 crore in the July-September quarter.

The economy has been slowing in patches, with FPIs selling relentlessly. Despite this, strong retail inflows and faith in India’s growth have overshadowed concerns. However, equities have sharply corrected in recent weeks, leaving personal portfolios bleeding. This has raised a critical question for investors: is it time to hold, buy, or sell amid these uncertainties?

Bitcoin fell below $100,000 on January 27, driven by profit-taking after a recent rally. Smaller altcoins like Solana and Dogecoin saw sharper declines. Market sentiment remains mixed, with long-term holders optimistic and technical indicators suggesting indecision. Broader economic factors, including U.S. interest rate decisions, contribute to potential volatility in the coming week.

I would say that, first of all, that we are only in the secured portfolio where every portfolio is collateralised either by real estate or the gold and plus, last two years we invested heavily on the technology and building data science capabilities, building scorecards, managing the risk accordingly and continuously reducing the dependence on the human and focusing more on how data-driven decisioning can be done and I think that is one region where our asset quality is remaining very robust.

Bajaj Auto’s revenue from operations for Q3 FY24 is projected to grow 7% YoY, with PAT rising 6% YoY, based on six brokerage estimates. Volumes may increase by 2%, driven by recovering exports in African and Latin American markets. However, domestic entry-level two-wheelers faced a 10% decline in volumes, reflecting continued weakness in the segment.

Indian government bond yields plunged on Monday, with the 10-year benchmark yield briefly sliding to a near three-year low after the central bank unexpectedly snapped up a large quantum of bonds.

Nifty 50 and Sensex dropped over 0.5% amid FII selling and earnings concerns. Analysts recommend buying Zensar Technologies, Redington, Jindal Worldwide, and Avanti Feeds for potential near-term gains.

IDFC First Bank shares decreased by 7.2% following a 15% YoY decline in net profit due to higher bad loan provisions in microfinance. Despite a 14% increase in net interest income, the bank was impacted by elevated credit costs and operational expenses. Gross NPA ratio improved from 2.04% to 1.94%.