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PRE MARKET
Gift Nifty indicates a negative start for the broader index in India, with a loss of 73 points or 0.28 percent. The Nifty futures were trading around the 26,206.50 level.
Wall Street ended higher on Tuesday, as chip stocks surged on renewed AI optimism, Moderna rallied, and the Dow Jones Industrial Average reached a record high.
The S&P 500 climbed 0.62% to end the session at 6,944.82 points. The Nasdaq gained 0.65% to 23,547.17 points, while the Dow Jones Industrial Average rose 0.99% to 49,462.08 points, nearing the historic 50,000 mark.
Asian stocks, off to their best-ever start to a year, took a dip on Wednesday with Japanese equities slipping amid rising tensions with China.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted index slipped -0.57, -0.82, and -0.38 percent, respectively.
STOCKS TODAY
IRB Infrastructure Trust
The Trust has emerged as the selected bidder and has received a Letter of Award from the National Highways Authority of India (NHAI) for the project involving the tolling, operation, maintenance, and transfer of the Chandikhole–Bhadrak section of NH-16 in Odisha. The Trust will pay an upfront bid concession fee of Rs 3,087 crore to NHAI for a revenue-linked concession period of 20 years.
Indian Energy Exchange
At this stage, the company said the matter is sub judice, and no order or direction has been passed by the Appellate Tribunal for Electricity (APTEL) on the CERC market coupling issue. The hearing was scheduled on January 6 before APTEL in respect of the petition filed by the company challenging the Suo Motu order dated July 23, 2025, issued by the Central Electricity Regulatory Commission (CERC) pertaining to the implementation of market coupling.
Oil and Natural Gas Corporation
The senior management of ONGC, including Director (Technology & Field Services) Vikram Saxena from Delhi, along with Crisis Management Team (CMT) experts, has assumed operational control of Well Mori-5 at Irusumanda, Malkipuram Mandal, following the incident at the site. A gradual reduction in flame intensity and size is being witnessed.
Pidilite Industries
The company’s subsidiary, Pidilite Ventures (PVPL), has transferred its entire shareholding in Pepperfry to TCC Concept (TCC) in a 100 percent share-swap deal, pursuant to the acquisition of shares of Pepperfry by TCC. Accordingly, PVPL now holds a 2.20 percent shareholding in TCC. The promoters/promoter group of PVPL have no interest in TCC.
Fino Payments Bank
The bank announced the implementation of a new next-generation Core Banking System as part of its ongoing digital transformation programme. The migration of the Core Banking System to the new Finacle platform is planned from January 8 to January 10. During this period, all banking services will not be available.
Source – Moneycontrol