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POST MARKET
The Indian equity indices started 2026 on a positive note, extending the previous session’s gains amid buying across sectors, except for FMCG and pharma.
At close, the Sensex was down 32 points or 0.04 percent at 85,188.60, and the Nifty was up 16.95 points or 0.06 percent at 26,146.55. About 2113 shares advanced, 1872 shares declined, and 159 shares remained unchanged.
Eternal, NTPC, Bajaj Auto, Shriram Finance, and Wipro were among the top gainers on the Nifty, while losers included ITC, Bajaj Finance, Dr. Reddy’s Laboratories, ONGC, and Tata Consumer.
On the sectoral front, the FMCG index shed 3 percent, and the pharma index was down 0.4 percent, while auto, IT, metal, power, telecom, and PSU Bank were up 0.4-1.5 percent.
Among the broader market indices, the BSE midcap index rose 0.3 percent, while the smallcap index ended flat.
STOCKS TODAY
Mahindra & Mahindra
Shares rose almost 1.5 percent today. This comes after the Thar-maker reported a 25 percent year-on-year (YoY) increase in its December sales to 86,090. Its sales of utility vehicles grew 23 percent YoY to 50,946 in the domestic market, while that of commercial vehicles rose 34 percent YoY to 24,786 in December.
Blue Dart
Blue Dart Express shares rose more than 3 percent on Thursday after the Goods and Services Tax adjudicating authority revised the tax demand from Rs 421 crore to Rs 64.98 lakh, along with applicable interest of Rs 41.71 lakh and a penalty of Rs 6.49 lakh. Blue Dart Aviation has accepted and paid the revised tax and interest to avoid prolonged litigation.
ITC
The shares of heavyweight ITC tumbled almost 10 percent on January 1 after the government imposed a new excise duty on cigarettes, effective from next month. Several mutual fund houses will likely see some impact on their holdings, as they own a notable stake in the company
Vodafone Idea
Vodafone Idea shares rose over 8 percent on the first day of the year as the telco will receive around Rs 5,836 crore from Vodafone Group as part of the re-settlement of a liability claim pact between the two companies, according to regulatory filings of both companies.
Source – Money Control