GIFT Nifty Slips Amid Mixed Asia; Bharat Coking Coal IPO Kicks Off 2026 Debut

Indian equity benchmarks face a subdued start with GIFT Nifty futures down around 20-30 points near 26,000, reflecting caution after Thursday's declines where Nifty closed at 25,876. Asian peers trade mixed: Japan's Nikkei up 0.54%, South Korea's Kospi down 0.41%, and Australia's ASX flat amid China CPI anticipation. US futures remain steady post mixed Wall Street session.

Key Highlights

• GIFT Nifty at ~26,000, hinting flat open for Sensex-Nifty
• ​Bharat Coking Coal IPO: Rs 21-23 price band, opens Jan 9-13, OFS of 46.57 cr shares
• ​GMP ~50%, min lot 600 shares (Rs 13,800 upper end)
• ​Coal India subsidiary eyes washery expansion, CBM amid steel demand
• ​Global watch: US jobs data, China inflation today

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Sources: Business Standard, Financial Express, Economic Times
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