Global Market Futures (as of 06:08 AM IST)
US Market (Futures)
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Nasdaq: -0.46%
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Dow Jones: -0.27%
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S&P 500: -0.31%
European (Futures)
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Ftse 100: -0.05%
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Cac 40: +1.43%
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Dax: -0.08%
Asian (Live Markets)
Asian (Futures)
ASX 200: +0.62%
Gift Nifty: 25840.00 (+0.09%)
Note: Japan markets are closed today on account of Coming of Age (Adults’) Day.
FII and DII Trading Activity January 9, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹3,769.31 crore
DIIs: Net Buy of ₹5,595.84 crore
Commodity Market Updates:
International commodity markets are trading firm, with broad-based gains across metals and energy. Gold futures hover around 4,587, rising nearly 2%, while XAU/USD is also higher, reflecting sustained safe-haven demand. Silver outperforms with a strong advance of over 3%, and copper edges up close to 1%, indicating steady industrial sentiment. In energy, WTI crude trades near 59.4 with modest gains, and Brent holds above 63.6, signaling resilient crude benchmarks. Natural gas leads the energy complex with a rise of more than 2%, suggesting renewed buying interest or weather-driven demand. Overall, the screen reflects a risk-on tone in commodities with synchronized price strength.
Results Today:
Tata Consultancy Services, HCL Technologies, Anand Rathi Wealth, GTPL Hathway, Gujarat Hotels, Lotus Chocolate Company, Maharashtra Scooters, OK Play India, and Tierra Agrotech will release their quarterly earnings today.
Key Quarterly Earnings:
Avenue Supermarts (DMart) Q3:
DMart reported an 18.3% YoY jump in consolidated profit to Rs 855.9 crore on a 13.3% rise in revenue to Rs 18,100.9 crore. The board appointed Anshul Asawa, CEO Designate, as the new Chief Executive Officer and Key Managerial Personnel.
IREDA Q3:
Indian Renewable Energy Development Agency posted a 37.6% YoY surge in profit to Rs 585.2 crore, supported by strong growth in net interest income, which rose 34.7% to Rs 897.2 crore, indicating healthy lending activity and improved margins.
Quarterly Business Updates
Signature Global (Q3 YoY)
Pre-sales declined 27% to Rs 2,020 crore amid a 42% drop in area sold to 1.44 million sq ft, though collections rose 14% to Rs 1,230 crore indicating sustained buyer payments despite softer bookings.
Phoenix Mills (Q3 YoY)
Retail consumption jumped 20% to Rs 4,787 crore driven by festive demand and strong execution; St. Regis, Mumbai reported 10% RevPAR growth, while residential sales surged to Rs 140 crore from Rs 58 crore.
Ashiana Housing (Q3 YoY)
Booked area slipped 17.9% to 5.56 lakh sq ft and sales value fell 11.7% to Rs 401 crore, reflecting lower transaction volumes amid steady demand in existing projects.
Embassy Development (Q3 QoQ)
Pre-sales soared to Rs 1,392 crore from Rs 409 crore, supported by project launches, while collections grew 15.6% to Rs 415 crore, underscoring improved cash inflows and buyer confidence.
Monthly Business Updates:
Mahindra and Mahindra (December YoY)
M&M’s sales volume slipped 27.1% YoY to 85,501 units, while exports declined 9.3% to 2,849 units. However, production saw a robust 25.4% rise to 68,992 units, reflecting strong manufacturing activity amid weaker sales momentum.
Key Corporate & Economy Updates:
Positive:
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Tata Power: Acquired 100% equity stake in Jhaptal Power Transmission Ltd (JHPTL) for ₹24.2 million, strengthening its power transmission asset portfolio.
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Vedanta: Received NCLT approval for the scheme of arrangement involving Vedanta entities, including Talwandi Sabo Power and MALCO Energy, advancing its corporate restructuring plans.
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IREDA: Reported strong performance in the December quarter with consolidated revenue from operations at ₹21.3 billion and consolidated net profit at ₹5.85 billion, reflecting healthy loan disbursements and asset quality.
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BCPL Railway Infrastructure: Secured a railway infrastructure project worth ₹86.64 million, supporting its order book growth.
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Niraj Cement Structurals: Received a major order from Western Railway valued at ₹465.2 million, enhancing revenue visibility.
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VEE-R Health Care: Won an order worth ₹17.2 million from a leading Indian FMCG company, expanding its healthcare packaging footprint.
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Meta Infotech: Received cumulative purchase orders amounting to ₹26.1 million, indicating steady demand for its technology solutions.
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Beta Drugs: Approved acquisition of 66.09% equity in Nivian Life Sciences for ₹694 million, aimed at expanding its pharmaceutical portfolio.
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Chandan Healthcare: Commenced diagnostic operations in Punjab, marking geographical expansion.
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Embassy Developments: Recorded strong pre-sales of ₹13.92 billion during Q3 FY26, reflecting sustained demand across projects.
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Sharika Enterprises: Received an order worth ₹54.3 million, improving near-term revenue outlook.
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Ashiana Housing: Reported December-quarter area sales value of ₹4.01 billion, reflecting steady residential demand.
Negative:
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Tejas Networks: Reported December-quarter revenue from operations of ₹3.07 billion but posted a consolidated net loss of ₹1.97 billion, reflecting margin pressures and elevated costs.
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Fujiyama Power Systems: Received a tax demand order of ₹103.6 million, which may impact near-term cash flows.
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Ansal Housing: Received a tax demand amounting to ₹18.3 million.
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Dollex Agrotech: Announced further delay in commercial production of its ethanol project, impacting timelines.
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MTNL: Disclosed inability to adequately fund its escrow account with Bank of India due to insufficient funds, highlighting liquidity stress.
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IndiGo: DGCA appellate authority dismissed the airline’s appeal and reinstated a ₹2 million penalty on directors for alleged non-compliance in simulator usage for pilot training.
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Mastek: Its Malaysia subsidiary initiated voluntary winding-up proceedings as part of restructuring.
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Bhagyanagar India: Managing Director Narender Surana resigned from the company.
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Auto Pins (India): CFO Priti Mishra resigned, leading to a key management change.
Neutral / Others
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Reliance Industries / Energy Trade: Reliance is in discussions with the U.S. government to seek authorization for importing Venezuelan crude oil, as per sources.
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ZF Steering Gear (India) / Drivesys Systems: Drivesys acquired two factory premises on sub-lease in Maharashtra and entered agreements with Om Tejshree and Microtech, supporting capacity expansion.
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ITC Hotels: Secured land on lease basis for development of a 5-star hotel at New Delhi with a lease premium of ₹3.27 billion, supporting long-term expansion strategy.
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Cupid: Board to consider issuance of bonus shares, signalling confidence in future growth.
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Saptak Chem and Business: Appointed Ayush Tated as Managing Director, strengthening leadership.
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Gravity (India): Approved appointment of Kuldipsinh Rathod as CFO to strengthen financial management.
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Travel Food Services: TFS Delhi T3 entered into a license agreement with Delhi International Airport Ltd (DIAL), supporting long-term revenue visibility.
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NTPC: NTPC and Mahagenco signed an agreement for acquisition of STPL with total acquisition cost estimated at ₹38 billion, subject to completion of formalities.
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Akzo Nobel India: Parth Jindal appointed as Chairman, while Rajiv Rajgopal redesignated as Joint Managing Director & CEO, reflecting leadership realignment.
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Vision Corporation: Kaalindi Misra resigned as Chairperson; company announced appointment of Aashijitosh Mishra as the new Chairperson.
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Modern Denim: Suvrat Ranka appointed as Joint Managing Director.
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Beacon Trusteeship: Appointed Anil Grover as CEO effective January 9, 2026.
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Ceigall India: Approved acquisition of 100% equity in Velgaon Power Transmission for ₹18.9 million.
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Newtime Infrastructure: Appointed Deepti Sharma as Chief Financial Officer.
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HEG: BSE and NSE issued observation letters for proposed scheme of arrangement involving HEG, HEG Graphite and Bhilwara Energy; company to proceed with NCLT filing.
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Globus Spirits: Reported December-quarter consolidated revenue of ₹9.38 billion and net profit of ₹306.5 million.
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Standard Surfactants: Scheduled board meeting on January 14, 2026 to consider fund-raising proposals.
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ONGC: Continued efforts to subdue and cap Well Mori-5.
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BSE Index Services: Launched BSE All Derivative Stocks Index to track performance of BSE 500 stocks eligible for derivative trading.
Non-Corporate, Unlisted & Foreign / Macro
1) G7-Plus / Global Policy: G7-Plus finance ministers meeting scheduled to include Australia, with India also invited, reflecting broader global engagement.
2) U.S. FDA: Approved the first generic version of robenacoxib tablets (sponsored by ZyVet Animal Health) for postoperative pain and inflammation in cats, improving affordability in veterinary care.
3) RBI – Liquidity & Regulation: RBI announced that 11 states will raise ₹268.15 billion via loans on January 13; revised WMA limits for states/UTs to ₹610.08 billion and for Delhi to ₹8.90 billion effective January 9, 2026; issued capital adequacy amendment directions, conducted bond purchases worth ₹500.5 billion under OMO, and reported declining payment frauds, especially in UPI.
4) SEBI – Market Regulation: Issued consultation papers and circulars on simplification of investor accreditation norms and eased technical-glitch compliance for smaller brokers, while retaining stricter rules for large brokers.
5) Government Borrowing: India to auction ₹290 billion in Treasury Bills on January 14, including 91-day, 182-day and 364-day maturities.
6) Markets & Rates: India’s 10-year benchmark government bond yield ended at 6.6401% versus previous close of 6.6290%.
7) Forex & Banking Data: India’s forex reserves declined to 686.80 billion dollars as of January 2; bank deposits rose 12.7% YoY and loans increased 14.5% YoY in the fortnight ended December 31.
8) U.S.–India Trade: Indian foreign ministry rejected U.S. commerce secretary’s characterization of trade talks and stated that PM Modi and former U.S. President Trump spoke eight times in 2025.
Bulk Deals:
MTAR Technologies:
BofA Securities Europe SA bought 2.06 lakh shares, or 0.66% stake, in MTAR Technologies at Rs 2,665.45 per share, valuing the transaction at Rs 54.9 crore, indicating institutional interest in the precision engineering firm.
EPW India:
Tiger Strategies Fund-I sold 87,600 shares, or 0.76% stake, in EPW India for Rs 1.02 crore at Rs 117.11 per share. The fund had earlier sold 2.89 lakh shares (2.5% stake) last week, trimming its holdings from 4.65% as of December 2025.
Block Deals
Tata Capital
Societe Generale has purchased 14.33 lakh shares, representing a 0.03 percent stake, in Tata Capital at Rs 354.5 per share for Rs 50.82 crore from Marshall Wace Investment Strategies through its Tops World Equities Fund and Eureka Fund.
On-going IPO:
Last Date 13-Jan
Bharat Coking Coal Ltd
Defrail Technologies Ltd (BSE SME)
Upcoming IPO:
12-Jan to 14-Jan
Avana Electrosystems Ltd (NSE SME)
13-Jan to 15-Jan
GRE Renew Enertech Ltd (BSE SME)
Securities Trading Ex-Split on January 12, 2026
SKM Egg Products Export (India) Ltd (From Rs.10 to Rs.5)
Securities Under F&O Ban on January 12, 2026
SAIL, SAMMAANCAP
Source: WOWNEWS24X7, Moneycontrol, Investing.com
