Titan’s Rise, PM Modi’s AI Talks, and Zomato’s Fall- Indian stock market #news #indianstockmarket

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what happened in the Indian stock market in the past 24 hours:

1. Titan shares rise 3% after Q3 business update:
Titan Company announced its Q3 business update, reporting an overall 24% year-on-year growth. The jewellery segment contributed significantly, with a 26% year-on-year growth.

2. PM Modi meets Microsoft CEO Satya Nadella:
On January 6, Prime Minister Narendra Modi met with Microsoft CEO Satya Nadella. The two discussed various key topics, including technology, innovation, and artificial intelligence (AI).

3. Standard Glass Lining launches ₹410 crore IPO:
Standard Glass Lining opened its ₹410 crore IPO to the public. The IPO will remain open until January 8, with a price band of ₹133 to ₹140 per share.

4. Zomato shares fall 5% due to Jefferies rating:
Zomato's shares dropped by up to 5% after Jefferies downgraded its stock rating from "Buy" to "Hold." The target price was also slashed by 18%, bringing it down to ₹275.

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