Global Market Futures (as of 06:15 AM IST)
US Market (Futures)
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Nasdaq: -0.84%
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Dow Jones: -0.40%
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S&P 500: -0.%
European (Futures)
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Ftse 100: +0.18%
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Cac 40: -0.58%
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Dax : +0.86%
Asian (Live Markets)
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Nikkei 225: -0.14%
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ASX 200 : -0.34%
Gift Nifty: 26347.50 (+0.27%)
Note: Many Asian & European countries observe a Trading Holiday today on account of New Year's Day.
FII and DII Trading Activity December 31, 2025 in Cash market:
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FIIs / FPIs: Net Sell of ₹3,597.38 crore
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DIIs: Net Buy of ₹6,759.64 crore
Quarterly Earnings
Jindal Poly Films Q2 (Consolidated YoY)
The Company posts Rs 12.8 crore loss as revenue drops 63.8% and other income plunges 79.5% year-on-year from a strong base.
Commodity Market Updates:
International commodity markets on January 1, 2026, presented a mixed performance across metals and energy, reflecting cautious investor sentiment at the start of the new year. Gold (GC) traded higher at 4,357.10, gaining 0.58%, supported by safe-haven demand, while XAU/USD slipped 0.65% to 4,310.89, indicating short-term currency-linked volatility. Silver edged slightly lower to 70.896, whereas copper strengthened modestly, rising 0.26% to 5.710, signaling steady industrial demand. In energy markets, WTI crude oil remained largely flat at 57.42, while Brent crude declined 0.68% to 60.91 amid supply-demand balance concerns. Natural gas fell 0.70% to 3.686, pressured by seasonal and inventory dynamics.
Key Corporate & Economy Updates:
Positive:
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Precision Electronics Ltd: Secured an order worth ₹27.3 mn, adding incremental revenue visibility for the current execution cycle.
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PACE Digitek Ltd: Its unit received a ₹943.5 mn order from BSNL, significantly enhancing order book strength and near-term earnings prospects.
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VIP Industries Ltd: Entered into a ₹511.8 mn lease assignment agreement for its Nagpur property, indicating asset monetisation and improved capital efficiency.
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Hexaware Technologies Ltd: Obtained New Jersey regulatory approval for the merger of Mobiquity Velocity Solutions and Mobiquity, aiding operational consolidation and governance simplification.
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Tata Steel Ltd: Completed acquisition of shares worth ₹11 bn in Tata BlueScope Steel, reinforcing strategic alignment and long-term growth positioning.
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HUDCO: Reported Q3 FY26 loan sanctions of ₹461.67 bn and disbursements of ₹155.08 bn, reflecting sustained momentum in infrastructure financing.
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Navin Fluorine International Ltd: Commenced commercial production at Phase 1 of the cGMP-4 plant in Dewas, expanding high-value manufacturing capacity.
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Jio Financial Services: Approved ₹460 mn investment to fund RILIPL operations and subscribed to 46 mn OCPS of Reliance International Leasing IFSC, supporting business scale-up.
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NBCC: Secured new orders aggregating ₹2.20 bn, providing revenue visibility and strengthening its project pipeline.
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ADMACH Systems Ltd: Received an order valued at ₹106.2 mn, supporting operational growth.
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Time Technoplast: Awarded a contract worth approximately ₹510 mn, strengthening its industrial packaging and infrastructure business outlook.
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Piccadilly Agro Industries Ltd: Commenced commercial production at its Chhattisgarh manufacturing unit, expanding operational footprint.
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Everest Kanto Cylinder Ltd: Commenced commercial production and dispatches, completed Gujarat manufacturing line, and began operations at the Ratadiya (Mundra) unit, enabling volume ramp-up.
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Grand Continent Hotels Ltd: Signed three hotels in the US, marking continued international expansion.
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Bluegod Entertainment: Monetised film IP by selling theatrical and OTT rights to Omega Interactive for ₹120 mn.
Negative:
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Amara Raja Energy & Mobility Ltd: Received a ₹44 mn tax penalty, adding to contingent liabilities.
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GlaxoSmithKline Pharmaceuticals Ltd: Issued a ₹85.7 mn tax demand, potentially impacting near-term cash flows subject to appeal.
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City Union Bank Ltd: Received a ₹1.91 bn tax demand order, representing a material contingent liability.
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Shriram Finance Ltd: Imposed with a ₹130.4 mn tax penalty, affecting short-term earnings optics.
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Zee Entertainment: Tax demand notices worth ₹1.2 bn upheld, increasing litigation and payout risk.
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ACC Ltd: Received tax demands of ₹401.4 mn and an additional ₹2.04 bn, materially increasing contingent exposure.
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Aditya Birla Fashion: Received a ₹93.7 mn tax demand, adding compliance-related uncertainty.
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GE Vernova India Ltd: Issued a ₹22.8 mn tax demand, marginally negative.
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UNO Minda Ltd: Unit received a ₹10.5 mn penalty, impacting compliance sentiment.
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ISGEC Heavy Engineering Ltd: Received a ₹136.7 mn tax penalty, raising contingent risk.
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Redington: Issued a ₹1.48 bn tax demand, a sizable potential cash outflow if upheld.
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IDBI Bank Ltd: Penalised ₹17 mn by regulators for compliance deficiencies.
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Vodafone Idea Ltd: Disclosed continued uncertainty on AGR dues moratorium, despite promoter support through share earmarking (3.28 bn shares) and receivables (₹58.36 bn) under amended agreements.
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Dr Reddy’s Laboratories: Received a USFDA Complete Response Letter for AVT03 biosimilar citing inspection issues at Alvotech, delaying approval timelines.
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Wakefit Innovations Ltd / Shlokka Dyes Ltd / Sterling Tools Ltd / Sanmit Infra Ltd: Multiple CFO and CEO resignations, increasing management transition risk.
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Hyundai Motor India Ltd: Managing Director Unsoo Kim resigned, introducing leadership uncertainty.
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LIC: Received cumulative tax orders of ₹575.1 mn, including penalties and interest, across multiple states.
Neutral / Others
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IRFC: Sanctioned a ₹50 bn loan to Mahagenco, strengthening long-term lending visibility and reinforcing its role in infrastructure financing.n̈,mķ
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Popular Vehicles & Services: Imperion Cars entered an asset purchase agreement with Olympus Motors, supporting inorganic growth initiatives.
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India – Cigarette Industry: Government imposed excise duty on cigarettes based on stick length, with company-specific impact dependent on product mix.
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Cupid Breweries & Distilleries Ltd: Board to consider preferential issue of securities, potential dilution subject to final terms.
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Canara Robeco AMC: Chairman K Satyanarayana Raju resigned, indicating board-level change.
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CWD Ltd: Reappointed Siddhartha Xavier and Tejas Kothari as Joint Managing Directors, ensuring leadership continuity.
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Landmark Cars Ltd: Approved ₹800 mn investment in subsidiaries, reflecting capital deployment strategy.
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Canara Bank: Leadership transition including completion of tenure of outgoing MD & CEO and interim appointments.
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Gloster Ltd: Approved ₹50 mn equity investment in SPV, aligned with strategic expansion.
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SBEC Sugar: Entered agreement for unsecured financial assistance, supporting working capital needs.
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Ajax Engineering Ltd / Mega Corp Ltd / Injdo National Ltd: CFO appointments and retirements indicating routine management changes.
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LIC: MD Sat Pal Bhanoo to superannuate, succession planning underway.
Non-Corporate, Unlisted & Foreign / Macro
1) US Gasoline & Diesel Futures: Extended losses following larger-than-expected EIA inventory builds, pressuring refining margins.
2) RBI: Announced ₹1 trln overnight VRR auction under LAF, signalling liquidity management intent.
3) MCLR Updates: Indian Bank and Bank of India reduced 1-year MCLR to 8.75%, while PNB kept rates unchanged.
4) Bond Market: India 10-year benchmark yield closed at 6.5881%; overall 2025 decline limited to 17 bps, reflecting cautious easing.
5) Currency: INR ended at 89.87/USD, with a 4.7% depreciation in 2025, reflecting global dollar strength.
6) India Fiscal Position: April–November fiscal deficit at 62.3% of FY26 target, net tax receipts at ₹13.94 trln.
7) RBI Stability Assessment: Banking and NBFC sectors remain resilient with strong capital buffers; RBI reiterated cautious stance on crypto and highlighted systemic risks from stablecoins while projecting strong domestic economic growth.
8) Krishna Buildspace: Filed draft prospectus for IPO comprising fresh issue of up to 9 mn shares and OFS of 0.9 mn shares.
9) Vishal Nirmiti: Filed IPO draft proposing ₹1.25 bn fresh issue and OFS of 1.5 mn shares.
Bulk Deals:
Privi Speciality Chemicals:
SBI Mutual Fund increased its stake in Privi Speciality Chemicals to 9.37% by acquiring 22.4 lakh shares for ₹634.8 crore at ₹2,833.96 each. Investor Bhaumikbhai Kiritbhai Doshi also bought 1.88 lakh shares, while promoter entity Vivira Investment and Trading sold a 9.28% stake worth ₹1,029.8 crore.
Ceigall India:
HDFC Mutual Fund purchased 13.13 lakh shares (0.75%) in Ceigall India for ₹34.28 crore at ₹261 each through its Balanced Advantage Fund, while Pine Oak Global Fund exited 0.8% by selling 14 lakh shares for ₹36.5 crore at ₹261.04 per share.
Vishnu Prakash R Punglia:
Promoter family members collectively sold a 4.01% stake in Vishnu Prakash R Punglia worth ₹26.72 crore at around ₹53 per share. Buyers included Jaliyan Commodity, which acquired 13.46 lakh shares (1.08%) for ₹7.07 crore at ₹52.58 per share.
Block Deal
Swan Corp
Jupiter India Fund and The Jupiter Global Fund – Jupiter India Select acquired 15 lakh shares (0.47 percent stake) in Swan Corp for Rs 70.2 crore at Rs 468 per share. Jainam Broking was the seller in the deal, offloading 15 lakh shares at the same price.
On-going IPO:
(Last Date 02-Jan)
-Modern Diagnostic And Research Centre Limited (BSE SME)
Upcoming IPO:
NIL
Securities Trading Ex-Rights Issue on January 1, 2026
Avasara Finance Ltd
Securities Under F&O Ban on January 1, 2026
NIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
