Global Market Futures (as of 06:05 AM IST)
US Market (Futures)
-
Nasdaq: +0.21%
-
Dow Jones: -0.08%
-
S&P 500: +0.18%
European (Futures)
-
Ftse 100: +0.18%
-
Cac 40: -0.58%
-
Dax : -0.18%
Asian (Futures)
-
Nikkei 225: +0.10%
-
ASX 200: +0.03%
Gift Nifty: 26291.00 (-0.22%)
Note: Japan, South Korea, China and a few European Markets observe a Trading Holiday today.
FII and DII Trading Activity January 1, 2026 in Cash market:
-
FIIs / FPIs: Net Sell of ₹3,268.60 crore
-
DIIs: Net Buy of ₹1,525.89 crore
Commodity Market Updates:
Global commodity markets showed mixed performance, with precious metals leading gains. Gold strengthened notably, with spot XAU/USD rising to around 4,346, while gold futures traded higher near 4,359, supported by safe-haven demand and a softer risk outlook. Silver outperformed, climbing close to 1.9% to nearly 71.95, reflecting strong investor interest. Base metals were positive, with copper edging up to about 5.75, signaling steady industrial demand. Energy markets were subdued: WTI crude hovered near 57.5 with marginal gains, while Brent crude eased to around 60.9, reflecting supply-demand concerns. Natural gas declined to approximately 3.66, pressured by mild weather expectations and ample inventories.
Results Today:
Corona Remedies will announce its quarterly earnings today.
Key Corporate & Economy Updates:
Positive:
-
Sapphire Foods India / Devyani International: Boards have approved a merger/amalgamation between the two QSR operators; Devyani International will issue 177 shares for every 100 Sapphire Foods shares, Arctic International will acquire ~18.5% stake in the merged entity, and full operational integration is targeted within 15–18 months from the effective merger date.
-
Hero MotoCorp: Reported year-on-year growth in December dispatches, indicating sustained demand momentum in the domestic two-wheeler market.
-
Ola Electric: Launched the Roadster X electric motorcycle in India, expanding its EV product portfolio and strengthening its presence in the premium electric two-wheeler segment.
-
Punjab & Sind Bank: Reported healthy business growth with total deposits rising 9.27% YoY and gross advances increasing 15.25% YoY as of December 31, reflecting improved credit traction.
-
Trident Lifeline: Acquired an additional 9.04% stake in Trident Mediquip for approximately ₹44.2 million, strengthening its strategic holding in the medical equipment subsidiary.
-
Ahmedabad Steel Craft: Awarded new contracts aggregating ₹592.7 million, providing strong revenue visibility over the near-to-medium term.
-
RailTel Corporation: Secured an order worth ₹567.1 million, reinforcing its order book in telecom infrastructure and digital services.
-
Olectra Greentech: Declared December 31, 2025 as the commercial operation date for its EV manufacturing facility, marking a key milestone in capacity expansion.
-
Modi's Navnirman: Won a ₹2.50 billion redevelopment mandate in Mumbai, strengthening its redevelopment project pipeline.
-
TVS Motor: Reported December 2025 sales of 481,389 units and 27% growth in Q3FY26 sales, reflecting strong festive and export-led demand.
-
Kabra Drugs: Approved acquisition of Vassmaan Automative and plans to appoint 200 channel partners nationwide, supporting distribution expansion.
-
South Indian Bank: Reported 11.27% YoY growth in gross advances and 12.17% YoY rise in deposits to ₹1.18 trillion as of December 31, 2025, indicating steady balance-sheet expansion.
-
Artefact Projects: Secured a project contract worth ₹31.2 million, adding incremental revenues.
-
Time Technoplast: Received approval to manufacture Type-3 fully wrapped fibre-reinforced composite cylinders for compressed gases, opening up higher-value industrial applications.
-
Indian Bank: Reported 12.5% YoY growth in deposits and 14.5% YoY growth in advances as of December-end, indicating robust lending momentum.
-
Bansal Wire Industries: Posted 31.70% YoY growth in Q3FY26 sales volumes, reflecting strong demand across segments.
-
Hyundai Motor India: Reported 26.5% YoY growth in exports and total December 2025 sales of 58,702 units, supported by improving global demand.
-
Maruti Suzuki India: Management highlighted pending bookings of ~175,000 units, indicating strong order backlog and demand visibility.
Negative:
-
Britannia Industries: Received a tax demand amounting to ₹1.09 billion, which may have near-term earnings implications subject to appeal outcome.
-
Krishna Institute of Medical Sciences: One of its units received a tax demand order of ₹124.2 million.
-
Rashtriya Chemicals and Fertilizers: Received tax demand totaling ₹85.8 million.
-
Epigral: Received a tax demand of ₹525.2 million, which could impact cash flows pending resolution.
-
Vodafone Idea: Received a tax penalty of ₹6.38 billion; company has stated it does not agree with the order and intends to pursue legal remedies.
Neutral / Others
-
Silver Touch Technologies: Board to consider sub-division (stock split) of equity shares along with issuance of bonus shares, aimed at improving liquidity and retail investor participation.
-
Aurobindo Pharma: To acquire the non-oncology prescription formulations business of Khandelwal Laboratories for a cash consideration of ₹3.25 billion, strengthening its domestic branded formulations portfolio.
-
NLC India: Transferred seven renewable energy assets to its subsidiary as part of internal restructuring and asset realignment.
-
Indegene: Subsidiaries amalgamated to form Indegene Healthcare Canada Inc, simplifying overseas corporate structure.
-
Shakti Press: Board to consider fund-raising through institutional placement, with details awaited.
-
SG Finserve: Closed Q3FY26 with a loan book of ₹32.11 billion, reflecting stable balance-sheet growth.
-
Oricon Enterprises: Received ₹23.8 million as total consideration and entered into an agreement for sale of assets at its Thane manufacturing unit
Non-Corporate, Unlisted & Foreign / Macro
1) Guwahati Airport: Reported its highest-ever passenger traffic in 2025, highlighting sustained recovery in air travel demand.
2) Reserve Bank of India: Announced a 5-day Variable Rate Repo (VRR) auction under LAF for ₹1 trillion to be conducted on January 2, aimed at managing system liquidity.
3) Indian Government Bonds: The 10-year benchmark yield ended at 6.5818%, marginally lower than the previous close of 6.5881%, reflecting stable rate expectations.
4) Indian Banking Regulator: Issued amendment directions on commercial banks’ financial statement disclosures (2026) and revised risk-weighting norms for bank exposure to NBFCs financing infrastructure projects.
5) Enforcement Directorate / WinZO (Unlisted): ED conducted search operations linked to WinZO’s unit, with ₹1.92 billion reportedly frozen during the investigation.
6) India Meteorological Department: Forecasts above-average cold-wave days in January, below-average minimum and maximum temperatures, below-average rainfall during Jan–Mar, and reported 68.9% below-average rainfall in December.
Bulk Deals:
KV Toys India:
Royal Alpha Opportunity Fund has bought 42,000 equity shares in KV Toys at Rs 332.57 per share, while Vorton Opportunities Fund picked up 33,600 shares at Rs 327.03 per share.
On-going IPO:
(Last Date 02-Jan)
-Modern Diagnostic And Research Centre Limited (BSE SME)
Upcoming IPO:
NIL
Securities Trading Ex-Bonus Issue on January 2, 2026
Magnanimous Trade & Finance Ltd (23:1)
CWD Ltd (4:1)
Pro Fin Capital Services Ltd (1:1)
Securities Trading Ex-Resolution Plan Issue on January 2, 2026
Alps Industries Ltd
Securities Trading Ex-Split on January 2, 2026
Multi Commodity Exchange of India Ltd (From Rs.10 to Rs.2)
Securities Under F&O Ban on January 2, 2026
SAIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
