The Indian stock market is expected to commence on Wednesday, January 7, with a flat to slightly lower trajectory, reflecting the mixed signals observed from Asian counterparts. Initial signals from Gift Nifty suggest a lackluster opening, as GIFT Nifty is currently at 26,214.5, reflecting a decline of 67 points or 0.25% from the last Nifty futures close.
On Tuesday, January 6, the Sensex and Nifty 50 continued their downward trend for a second consecutive session as profit-taking weighed on the markets, even in the face of favorable global indicators. The Sensex decreased by over 500 points, or more than 0.60%, reaching an intraday low of 84,900.10, while the Nifty 50 declined by 0.50% to hit 26,124.75. Both indices managed to regain some of their losses by the conclusion of the trading session, with the Sensex finishing 376 points, or 0.44%, lower at 85,063.34, while the Nifty 50 closed 72 points, or 0.27%, down at 26,178.70.
In light of current market conditions – The following stocks are poised to capture investor attention and are expected to show notable activity today.
Equities to Monitor :
- Oil-linked stocks – Shares of companies sensitive to crude oil, including upstream and downstream firms, paints, tyres, and aviation, will attract attention as international crude oil prices declined following US President Donald Trump’s announcement on Tuesday evening regarding the interim authorities in Venezuela transferring between 30 million and 50 million barrels of oil to the United States. In a recent social media statement, Trump indicated that the oil will be sold at market price, asserting, “and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!” The decline in prices was driven by concerns regarding an oversupply of oil.
- Godrej Consumer – In its Q3 business update, the company indicated that its standalone business is strategically positioned to achieve double-digit revenue growth for the quarter, supported by nearly double-digit underlying volume growth (UVG), although this is against a favorable comparator.
- Coal India is poised to realize a profit exceeding Rs 600 crore by divesting a 10% stake in its subsidiary Bharat Coking Coal Ltd (BCCL) via the forthcoming initial public offering (IPO), as outlined in the offer document.
- IEX shares will attract attention on Wednesday, following a notable 8.8% increase in the stock price after a report highlighted the CERC’s withdrawal of the market coupling order. The shares experienced a rally, reaching an intraday high of 13%, ultimately closing 8.8% higher at Rs 146 per share on the NSE.
- Jubilant FoodWorks reported consolidated revenue from operations of Rs 24,387 million, reflecting a year-over-year increase of 13.4%. The standalone revenue from operations stood at Rs 18,015 million, marking an 11.8% rise compared to the previous year. In the recent quarter, the JFL group network expanded by 114 net stores, resulting in a total of 3,594 stores by the quarter’s conclusion.
- Titan Company on Tuesday reported an impressive 40 per cent annual growth in its standalone revenue for the December quarter of FY26, driven by rising gold prices. The most recent quarterly updates indicate that the Tata Group firm reported its jewellery division, which accounted for approximately 85 per cent of its business, “achieved a strong 41 per cent YoY growth in Q3FY26.”The company reported that revenue growth was propelled by significant increases in average selling prices, which counterbalanced stagnant buyer growth.
- Lodha Developers reported its highest quarterly pre-sales to date, amounting to Rs 56.2 billion in Q3FY26, reflecting a 25% year-over-year growth and a 23% quarter-over-quarter increase. “The robust momentum in our sustenance sales, coupled with a substantial launch pipeline in Q4, will facilitate the attainment of our pre-sales guidance of Rs 210 bn for the year,” it stated.
- Senco Gold reported a remarkable growth of 51% year-over-year, supported by a 6.5% increase in Q2 and a 28% rise in Q1, culminating in nearly 31% growth over the first nine months. The TTM revenue has achieved nearly Rs 8,000 crore, demonstrating steady YoY growth, a dedicated customer base, and strong brand positioning. The Q3 year-over-year growth reflects an approximate 49% rise in retail operations, alongside a same-store sales growth of about 39%. The nine-month topline growth stands at 31%, which encompasses a same-store sales growth of nearly 21%. The increase was driven by focused festive campaigns, the introduction of new designs, and heightened customer interaction during Dhanteras and Diwali, alongside the transition in demand from Q2 to the festive period. Diamond jewellery sales exhibited robust growth in Q3, achieving nearly 36% year-over-year growth and approximately 34% growth over the nine-month period.
- Meesho and Tata Capital are set to attract attention as reports indicate that 109.9 million shares of Meesho, representing 2% of its outstanding equity, will be available for trading today following the conclusion of its one-month shareholder lock-in period. It has been reported that shares of Tata Capital, which is recognized as the largest IPO of 2025, will experience the conclusion of their three-month shareholder lock-in period on Wednesday. Approximately 71.2 million shares, representing 2% of the company’s total outstanding equity, will be available for trading.
- Adani Enterprises’s Rs 1,000 crore public issue of non-convertible debentures (NCDs) was fully subscribed within 45 minutes of its opening, as per stock exchange data. The base issue of Rs 500 crore was fully subscribed in merely 10 minutes, with total subscriptions exceeding Rs 1,000 crore – factoring in the greenshoe option – in less than an hour. Data indicates that AEL garnered bids for 2.19 crore NCDs, surpassing the issue size of 50 lakh by the end of the first day. The offering, which commenced on Tuesday, will conclude on January 19, 2026, with allocations provided on a first-come, first-served basis. The company reports an effective yield of up to 8.90% per annum. The base size stands at Rs 500 crore, complemented by a greenshoe option of an additional Rs 500 crore.
- IRB Infrastructure Trust has secured a toll-operate-transfer (TOT) project from NHAI in Odisha for an upfront consideration of Rs 3,087 crore, according to an exchange filing released on Tuesday. The project aligns with NHAI’s previously disclosed asset monetisation initiative, as stated by IRB Infrastructure Developers Ltd (IRB), which also noted that this development signifies its entry into Odisha. IRB Infrastructure Trust has been awarded a Letter of Award from NHAI for a project encompassing 74.5 km of the Chandikhole to Bhadrak corridor on NH-26, integral to the government’s significant Golden Quadrilateral Project. IRB Infrastructure Trust represents a private InvIT (infrastructure investment trust) that is sponsored by IRB Infrastructure Developers.
- Biocon Biologics Ltd, a fully integrated global biosimilars company and a subsidiary of Biocon Ltd, is set to launch three new oncology biosimilars, thereby enhancing its extensive cancer portfolio. The company will emphasize its strategy to become a wholly owned subsidiary of Biocon Limited and the crucial importance of biosimilars in enhancing access to affordable medicines during the 44th Annual J.P. Morgan Healthcare Conference in San Francisco.
- Mahindra & Mahindra introduced the XUV 3XO EV, with a starting price of Rs 13.89 lakh. “Engineered to meet the expectations and refined requirements of selective clients, the XUV 3XO EV achieves an ideal equilibrium of elegant design, performance, safety, and advanced technology,” the company stated.
- Mrs Bectors Food’s new bakery production facility located in Hooghly, near Kolkata, began commercial production on January 6, 2026. The facility boasts an installed capacity of 225,000 buns daily, alongside 24,000 SKUs of bread and bakery products each day.
- Pidilite Industries shares are set to attract attention on Wednesday, January 7, following the complete transfer of its shareholding in M/s. Pepperfry Limited (Pepperfry) by its wholly owned subsidiary, M/s. Pidilite Ventures Pvt. Ltd. (PVPL), to TCC Concept Ltd (TCC). The company announced in a regulatory filing on January 6 that the stake was transferred through a 100% share swap deal. Consequently, PVPL possesses a 2.20% stake in TCC, it noted.