Stocks in Focus : Tuesday, 6 January

Indian benchmarks Sensex and Nifty are anticipated to open with a mixed to slightly positive tone on Tuesday, January 6, following the upward movement observed in Asian markets. Gift Nifty trends indicated a favorable start for the domestic indices, with Gift Nifty at 26,392—an increase of 76 points, or 0.28%, compared to the previous close of Nifty futures. “Domestic equity markets are poised for a slightly positive but range-bound opening, as GIFT Nifty indicates early strength. Market focus is anticipated to shift towards weekly options expiry-related activities and the changing outlook for the forthcoming Q3 earnings season. “While broader sentiment remains guarded amid recent bouts of volatility driven by geopolitical developments and tariff-related concerns, underlying support continues to come from stable domestic macro fundamentals and steady institutional participation,” stated Ponmudi R.

On Monday, January 5, the Sensex and Nifty 50 experienced a decline, closing lower despite positive global indicators. This downturn occurred as investors opted to realize profits in certain heavyweight stocks, influenced by escalating geopolitical tensions. Market sentiment experienced a decline after reports emerged regarding US military operations in Venezuela, leading to the apprehension of President Nicolas Maduro and his spouse.

In light of current market conditions – Here’s a compilation of stocks that could pique investor interest and are expected to see some activity today.

Equities to Monitor :

  • ONGC has established joint venture agreements and capital contribution agreements with M/s Mitsui O.S.K. Lines Ltd. (MOL), Japan, on January 5, 2026. This partnership entails acquiring equity shares in two joint venture entities: Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited, both located in Gift City, Gandhinagar. The Maharatna will purchase 200,000 equity shares, valued at Rs 100 per share, in each of the joint venture companies. After the equity subscription is finalized, ONGC will hold a 50% equity interest in each of the joint venture entities, with the other 50% owned by M/s Mitsui O.S.K. Lines Ltd., Japan.
  • IndusInd Bank on Monday reported a 13.1% decline in loan growth to Rs 3.19 lakh crore in the October-December quarter. The bank disclosed inconsistencies in its derivatives portfolio, leading to financial repercussions totaling Rs 1,960 crore last year. At the end of the third quarter of the last fiscal year, it reported net assets amounting to Rs 3.67 lakh crore. IndusInd Bank disclosed a decline of 3.8% in deposits, amounting to Rs 3.94 lakh crore for the reporting quarter, in contrast to Rs 4.09 lakh crore at the end of the third quarter of the previous financial year, according to a regulatory filing.
  • Leela Palaces announced on Monday the creation of a fully owned subsidiary focused on owning, operating, managing, and developing luxury hotels and resorts under “The Leela” brand. The Ministry of Corporate Affairs issued the Certificate of Incorporation for “Leela Imperial Suites Private Ltd” on January 5. “The main goal of the company is to possess, run, oversee, and enhance luxury hotels and resorts under ‘The Leela’ brand,” announced Leela Hotels and Resorts in a regulatory filing.
  • Trent has reported a 17% rise in standalone revenue, totaling Rs 5,220 crore for the third quarter that ended on December 31. In a regulatory filing, Trent Ltd disclosed standalone revenue of Rs 4,466 crore for the same period of the previous fiscal year. As of December 31, 2025, the company’s store portfolio included 278 Westside locations, 854 Zudio outlets (with 4 in the UAE), and 32 stores across different lifestyle concepts, it noted.
  • Dabur India on Monday indicated that it expects consolidated revenue to rise in the mid-single digits, with profit after tax projected to exceed revenue growth in the third quarter of the current fiscal year. The company has noted initial indicators of demand recovery linked to changes in GST rates. In its update for the quarter ended December 31, 2025 (Q3 FY26), Dabur India indicated that in October 2025, distributors and retailers focused on eliminating the existing higher-priced inventory within the channel. After the post-trade stabilisation, consumer sentiment has shown improvement in both urban and rural regions. The company stated in a regulatory filing that demand in rural areas has continued to exceed that in urban areas this quarter.
  • GM Breweries is poised to draw interest as it prepares to unveil its earnings for the December quarter later today.
  • SAIL on Monday reported a 37% year-on-year rise in sales, achieving 2.1 million tonnes in December 2025. The steelmaker announced sales of 1.5 million tonnes (MT) in December 2024, as stated in their report. SAIL announced, “This marks our best performance for the month of December, achieving new heights across product categories and various sales channels while significantly reducing inventory.” The performance was bolstered by a strong focus on customer deliveries.
  • IEX – The total electricity trade volume at the Indian Energy Exchange in October-December rose by 11.9%, hitting 34.08 billion units. In the recent quarter, the exchange reported trading of 18.63 lakh renewable energy certificates (RECs), showing a 29.8% decline compared to the same period last year, according to IEX. The REC trading sessions took place on December 10 and December 25, with clearing prices of Rs 359 and Rs 345, respectively, as mentioned. The day-ahead market volume saw a decrease of 2.8%, reaching 16,250 million units (MU) for the quarter, in contrast to 16,712 MU during the same period last year.
  • Kotak Mahindra Bank has announced an increase in total deposits and advances for the quarter ending December 31, 2025. The bank’s net advances rose by 16%, totaling Rs 4.80 lakh crore in Q3 FY26, up from Rs 4.13 lakh crore in Q3 FY25. It saw a rise of 3.8% in a sequential manner. The average net advances rose by 16.2% year-on-year (YoY), totaling Rs 4.65 crore in contrast to Rs 4 lakh crore. On a quarterly basis, the average net advances saw a rise of 4%. The total deposit for Q3 FY26 stood at Rs 5.42 lakh crore, showing a year-over-year increase of 14.6% from Rs 4.73 lakh crore. The growth was 2.6% when looking at quarter-on-quarter (QoQ) performance.
  • Axis Bank announced a 12.3% year-over-year rise in total deposits for the December quarter, amounting to Rs 11,974 billion.
  • L&T Finance reported a significant 49% year-on-year increase in its retail disbursements, reaching an estimated Rs 22,690 crore for the quarter in question. In the December quarter of the previous fiscal year (Q3FY25), the firm reported Rs 15,210 crore in retail finance, as noted in a regulatory filing on Monday.
  • APSEZ managed a total cargo volume of 41.9 MMT, reflecting a 9% year-over-year increase, primarily driven by a significant rise in container handling, which saw an 18% year-over-year growth. As of December 2025, APSEZ reported a total cargo handling of 367.3 MMT, reflecting an 11% year-over-year increase, primarily driven by a 21% rise in container traffic.
  • Waaree Energies on Monday announced the successful completion of a substantial funding round totaling nearly Rs 1,003 crore, supported by a consortium of strategic investors, including family offices, high-net-worth individuals (HNIs), and institutional backers.
  • Raymond Lifestyle – Prasad Ellatch Chathuar has joined the organisation as Senior Management Personnel, and he is set to be appointed as Chief Financial Officer in the upcoming Board Meeting.