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Market Wrap: Sensex 376 pts, Nifty below 26,200 as HDFC Bank, Reliance drag Dalal Street lower

by ET Markets | January 6, 2026 5:04 pm | Indian Stocks, Market, News

The BSE Sensex fell 376.28 points, or 0.44%, to close at 85,063.34, while the NSE Nifty 50 declined 71.6 points, or 0.27%, finishing the session at 26,178.70.

Nifty correction looks healthy, 26,100 key support; Bank Nifty likely to outperform: Vinay Rajani

by ET Markets | January 6, 2026 4:06 pm | Indian Stocks, Market, News

Nifty’s recent pullback is a healthy correction, not a trend reversal, says HDFC Securities AVP and Senior Technical & Derivative Analyst Vinay Rajani. Key support lies at 26,100, while Bank Nifty continues to outperform. Reliance looks technically stronger, while...

Commodity Radar: Copper charts display solid buildup of longs. Buy on dips for up to 4% near-term gains

by ET Markets | January 6, 2026 4:05 pm | Indian Stocks, Market, News

Copper prices jump to Rs 1,334.70 on fresh supply concerns, with global demand support. Experts suggest buying on dips near Rs 1,300 for short-term gains of up to 4%.

MF Picks: 13 smallcap stocks with strong profit margins rally up to 163%, 5 turn multibaggers

by ET Markets | January 6, 2026 4:04 pm | Indian Stocks, Market, News

A smart-money screen of BSE small-cap stocks highlights companies with strong earnings growth, healthy margins and rising mutual fund ownership. Applying performance filters narrowed the universe to standout performers in FY26, including several multibaggers,...

Turtlemint Fintech eyes Rs 2,000cr IPO; to file updated draft papers with Sebi in next 2-weeks

by ET Markets | January 6, 2026 4:04 pm | Indian Stocks, Market, News

Insurtech firm Turtlemint Fintech Solutions Ltd is set to file its updated draft papers with markets regulator Sebi in the next two weeks as it prepares to launch its Rs 2,000-crore initial public offering (IPO) anywhere between March and April, people familiar with...

Japan’s Nikkei marks a closing high on improving corporate profit outlook

by ET Markets | January 6, 2026 3:04 pm | Indian Stocks, Market, News

Japan’s Nikkei share average marked ​a record closing high on Tuesday as ⁠the outlook for domestic company’s profits improved.

Muted Q3 pricing, volume strength to anchor cement sector outlook: Jyoti Gupta

by ET Markets | January 6, 2026 3:03 pm | Indian Stocks, Market, News

Cement prices saw a slight dip last quarter, but robust demand and increasing volumes offer strong sector support. Despite short-term price volatility due to capacity additions and cost pressures, the medium-term outlook is positive. Price hikes are emerging in March,...

Q3 credit growth signals economic pickup, still prefer larger banks like Axis, Kotak, ICICI, SBI: Sandip Sabharwal

by ET Markets | January 6, 2026 2:08 pm | Indian Stocks, Market, News

Strong Q3 credit growth signals an improving economic cycle in India, with large banks outperforming smaller lenders. Market expert Sandip Sabharwal highlights Axis, ICICI, Kotak and State Bank of India as preferred picks, shares caution on retail and ITC after tax...

NALCO shares hit record high, up 12% in 4 sessions. What’s behind the surge?

by ET Markets | January 6, 2026 2:06 pm | Indian Stocks, Market, News

NALCO shares hit a record high after gaining 12% in four sessions, supported by a sharp rise in global aluminium prices and tightening supply conditions. Strong demand from construction, renewables and EV sectors, along with the company’s improving earnings and...

Copper prices near all-time high: Structural shift or speculative spike? Here’s where the red metal is headed

by ET Markets | January 6, 2026 2:05 pm | Indian Stocks, Market, News

Copper prices extended their rally, with MCX January 2026 futures jumping over 1.3% to Rs 1,330.45 per kg, nearing lifetime highs. The metal has surged sharply from a low of Rs 913.70, with record levels now within reach.

Rekha Jhunjhunwala likely exits Canara Bank after taking home multibagger returns

by ET Markets | January 6, 2026 2:05 pm | Indian Stocks, Market, News

Rekha Jhunjhunwala has likely exited Canara Bank after her stake fell below 1% in Q3, ending a highly profitable multiyear investment. The move follows a sharp rally in the stock, which gained nearly 60% over the past year amid improving asset quality, strong credit...

Euro zone bond yields rise ahead of German, French inflation data

by ET Markets | January 6, 2026 2:04 pm | Indian Stocks, Market, News

Oil prices fell on Tuesday, further ​easing inflation concerns, as the market ​weighed the prospect of higher Venezuelan crude output ‌following the ‍U.S. capture of President Nicolas Maduro.

Gold vs stocks, Nifty targets and 10 other market myths debunked by DSP Mutual Fund

by ET Markets | January 6, 2026 2:04 pm | Indian Stocks, Market, News

DSP Mutual Fund’s latest NETRA report debunks 12 widely held market myths, challenging assumptions around gold, equity returns, GDP growth, fund performance, index targets and SIP timing, and urges investors to rely on data, diversification and valuation...

Emkay upgrades Bajaj Auto shares to buy rating, sees 17% upside. Here’s why analysts are bullish

by ET Markets | January 6, 2026 1:01 pm | Indian Stocks, Market, News

Bajaj Auto shares rose after Emkay upgraded the stock to Buy, citing strong growth prospects ahead. The brokerage set a target of Rs 11,100, implying 17% upside, with domestic brokers turning bullish after a muted 2025.

Adani Enterprises’ Rs 1,000 crore NCD issue sold out in 45 minutes. Details here

by ET Markets | January 6, 2026 1:01 pm | Indian Stocks, Market, News

Adani Enterprises’ Rs 1,000 crore non-convertible debenture issue was fully subscribed in under an hour, with the base Rs 500 crore snapped up in just 10 minutes. Strong investor appetite, particularly from non-institutional investors, drove the swift sellout....

Markets stay calm as Venezuela shock fails to rattle global equities: Ed Yardeni

by ET Markets | January 6, 2026 1:00 pm | Indian Stocks, Market, News

Global markets show resilience despite geopolitical events. Investors remain composed, with equities holding firm. Gold saw a safe-haven rush, while oil prices showed little reaction. Energy stocks outperformed. Experts believe the US economy and global markets are...

Waaree Energies shares slip 15% in 9 days. What’s behind the slide?

by ET Markets | January 6, 2026 12:10 pm | Indian Stocks, Market, News

Waaree Energies shares fall 2.7% on ninth consecutive session as bearish charts dominate, despite Rs 1,003-crore fundraise for advanced battery expansion.

Bharat Coking Coal IPO: GMP signals 56% premium ahead of issue opening. Check key dates, shareholder quota details

by ET Markets | January 6, 2026 12:09 pm | Indian Stocks, Market, News

Bharat Coking Coal Ltd’s IPO is drawing strong interest ahead of its January 9 opening, with a grey market premium of Rs 13–14 indicating a potential 56% listing gain. The Rs 1,071-crore offer is a pure OFS, and Coal India shareholders as of January 1, 2026, are...

Global markets absorb Venezuela shock amid rising geopolitical risks

by ET Markets | January 6, 2026 12:06 pm | Indian Stocks, Market, News

Global markets showed muted reactions to the U.S. announcement of taking control over Venezuela, despite rising geopolitical risks. Asian equities rose, oil prices dipped slightly, and gold saw modest gains as investors sought safe-haven assets. Analysts attribute the...

Japan’s 10-year yield inches higher after moderately firm bond auction

by ET Markets | January 6, 2026 12:05 pm | Indian Stocks, Market, News

Japan’s 10-year government bond yield increased on Tuesday. This followed a bond auction with a moderately firm outcome. Market participants are concerned the Bank of Japan is not acting fast enough on inflation. They expect further interest rate hikes....
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