The Indian equity benchmarks are poised to open higher on Monday, January 5, as suggested by GIFT NIFTY futures. NIFTY futures at GIFT City in Ahmedabad increased by 85 points, reaching 26,540, supported by positive signals from Asian markets. The NIFTY50 index concluded at an all-time high on Friday, January 2, driven by widespread buying interest supported by favorable signals from Asian markets.
The SENSEX increased by 624 points, while the NIFTY50 index reached a record high of 26,332, driven by strong performances from major contributors such as HDFC Bank, ICICI Bank, Reliance Industries, NTPC, State Bank of India, Bajaj Finance, and Infosys.
Equities to Monitor :
- ONGC, Oil India, and RIL – Shares are anticipated to attract attention due to the ongoing conflict between the US and Venezuela. Over the weekend, American forces executed a significant military operation in Venezuela, resulting in the capture of President Nicolas Maduro and his spouse, who were subsequently transported to the US to confront multiple charges, including narco-terrorism and drug trafficking. Donald Trump has committed to “run the country” until a “proper” transition of power occurs. ONGC shares are expected to attract attention due to its subsidiary, ONGC Videsh, possessing equity stakes in two projects located in Venezuela. Oil India is set to attract attention as the company, via its wholly owned subsidiary Oil India Sweden AB, possesses 50% of the shares in Indoil Netherlands B.V., which subsequently holds 7% equity shares in Petrocarabobo S.A. (a joint venture company) for Project Carabobo-1 in Venezuela. RIL shares are expected to attract attention due to the conglomerate’s acquisition of Venezuelan oil. In March 2025, reports indicated that the company might cease Venezuelan oil imports following the United States’ announcement of a 25% tariff on countries purchasing crude from the South American nation. Indian Oil Corporation is set to attract attention due to its subsidiary, IOC Sweden AB, which operates as an investment entity for exploration and production projects in Venezuela, as well as a battery technology firm in Israel.
- Bajaj Auto announced on Sunday that its exports to Venezuela represent less than 1% of its total international shipments. The South American nation has entered a state of crisis following the capture of its president, Nicolas Maduro, by the US on Saturday. “Our operations include exports to Venezuela.” “Pulsar and Boxer are indeed quite popular; however, their exports account for less than 1% of our total exports,” stated Rakesh Shamra. He addressed a question regarding the potential impacts on its operations in the country after the US captured Maduro.
- Bank of Baroda announced on Sunday that it has achieved a credit growth of 14.57%, reaching Rs 13.44 lakh crore in the third quarter of FY26, which concludes in December 2025. According to a regulatory filing by BoB, the total outstanding credit reached Rs 11.73 lakh crore at the conclusion of the third quarter of the prior fiscal year. The lender indicated a 10.25% rise in total deposits, reaching Rs 15.47 lakh crore in the reporting quarter, compared to Rs 14.03 lakh crore at the conclusion of the third quarter of the prior financial year.
- Engineers India shares are anticipated to attract attention, as reports suggest that the company operates an overseas office in Caracas, Venezuela, to bolster its international business endeavors.
- Jindal Steel & Power – In 2024, Jindal Steel & Power Ltd assumed control of operations at Venezuela’s largest iron-ore complex, marking the first instance of a privately operated firm engaging in the South American country’s heavy industry in more than ten years.
- The Tourism Finance Corporation of India announced on Sunday its role as a co-sponsor and anchor investor in the Holystone Hospitality Fund, which is an equity-focused Category II Alternative Investment Fund (AIF), committing up to 5% of the total corpus. Recently, TFCI announced in a regulatory filing that the company has submitted an application to register the Holystone Hospitality Fund as an AIF with the Securities and Exchange Board of India (SEBI).
- Sobha has announced a 52% rise in sales bookings, reaching Rs 2,115.2 crore in the third quarter of this fiscal year, attributed to increased volumes and price realization in the context of robust housing demand. Sobha Ltd, headquartered in Bengaluru, reported property sales amounting to Rs 1,388.6 crore in the corresponding period last year. Sobha Ltd reported in a regulatory filing on Saturday that it has “delivered a historic quarterly performance, achieving the highest ever real estate sales value of Rs 2,115 crore…”.
- Avenue Supermarts Ltd has announced a 13.15% increase in its standalone revenue from operations, reaching Rs 17,612.62 crore for the third quarter ending December 31, 2025. Avenue Supermarts reported to BSE in a regulatory filing on Friday that the company had recorded Rs 15,565.23 crore in revenue from operations a year prior. “The standalone revenue from operations for the quarter ended December 31, 2025, was reported at Rs 17,612.62 crores,” according to the company’s update at the conclusion of the quarter. As of December 31, 2025, the Damani-family-promoted retail chain reported a total of 442 stores. The Sanpada location in Navi Mumbai, Maharashtra, is presently not accessible to customers as it is undergoing reconstruction.
- Coal India shares are expected to attract attention as Bharat Coking Coal Ltd (BCCL), a fully-owned subsidiary of Coal India Ltd, prepares to launch its initial public offering (IPO) on January 9, representing the first public issue of 2026. The initial public offering (IPO) will be monitored closely by Dalal Street, serving as an early indicator of investor interest in public sector undertakings (PSUs) for the upcoming year.
- Vedanta announced on Saturday that it has experienced an increase in the production of aluminium, zinc, and iron ore for the December quarter. Nonetheless, there was a decline in the production of steel and oil and gas during the third quarter of the current fiscal year. The company’s total aluminium production for the quarter experienced a slight increase of 1%, while mined metal production at Zinc India saw a growth of 4%, and mined metal production at Zinc International surged by 28%.
- Bajaj Finance reported a 15% increase in new loans booked, reaching 13.90 million in Q3 FY26, up from 12.06 million in Q3 FY25. As of 31 December 2025, assets under management (AUM) increased by 22%, reaching approximately Rs 485,900 crore, in contrast to Rs 398,043 crore recorded on 31 December 2024. In the third quarter of fiscal year 2026, assets under management increased by around Rs 23,600 crore.
- Nykaa reported a robust performance in its Q3 business update, indicating that consolidated GMV and NSV growth is anticipated to be in the late twenties for Q3 FY2026. This performance indicates a resurgence in growth within the fashion sector since the beginning of this financial year, coupled with the ongoing robust performance of the beauty sector. Nykaa is projected to achieve consolidated net revenue growth in the upper range of the mid-twenties, indicating a modest acceleration from the mid-twenties growth sustained over the previous quarters.
- NIBE Ltd has secured a supply contract with the Indian Army, Ministry of Defence, Government of India, amounting to a total consideration of Rs 292.69 crore.
- Punjab National Bank – Investors will be closely monitoring Punjab National Bank shares on Monday, January 5, following the release of the state-run lender’s December quarter results for the financial year 2025-26. The lender reported in a regulatory filing that its global business experienced a sequential growth of 3.8% and a year-on-year (YoY) increase of 9.57%, reaching Rs 28.92 lakh crore. The domestic business reported a figure of Rs 27,65,288 crore, reflecting a quarter-on-quarter increase of 3.11% and a year-on-year growth of 9.09%. The global deposits increased by 8.54%, reaching Rs 16,60,385 crore. The increase was 2.68% in a sequential manner. The domestic deposits of the state-run lender for the reviewed period were recorded at Rs 15,97,487 crore, reflecting a quarter-on-quarter increase of 2.14% and a year-on-year growth of 8.32%.
- Marico – The homegrown FMCG major provided its business updates for the quarter ending December 2025 on Friday, January 2. The firm reported that its consolidated revenue growth year-on-year was in the high twenties, positioning itself to meet its full-year aspirations. “The sector experienced consistent demand patterns throughout the quarter.” Marico expressed a positive outlook regarding a gradual enhancement in consumption in the upcoming quarters, bolstered by decreasing inflation, reduced GST rates enhancing affordability, increases in MSP, and a robust crop sowing season, as stated in a regulatory filing.