Sensex, Nifty Eye Positive Start Amid Asia Gains, Earnings Buzz

By siliconindia  |  Tuesday, 06 January 2026, 09:56:24 AM IST

Sensex, Nifty Eye Positive Start Amid Asia Gains, Earnings Buzz
  • Sensex and Nifty likely to open mixed to mildly positive, supported by Asian market gains and firm Gift Nifty signals, though volatility may persist.
  • HDFC Bank, Trent, L&T Finance, NBCC India, Adani Ports, Dabur, ONGC, IEX, Kotak Mahindra Bank and Axis Bank in focus on stock-specific updates.
  • Weekly options expiry, Q3 earnings expectations and global geopolitical developments to guide near-term market sentiment.
Indian equity benchmarks Sensex and Nifty are expected to open mixed to mildly positive on Tuesday, January 6, tracking gains across major Asian markets. Early indicators suggest a cautious but stable start for domestic equities amid mixed global cues and stock-specific triggers.
Gift Nifty trends pointed to a positive opening, with Gift Nifty trading at 26,392, up 76 points or 0.28 percent from the previous close of Nifty futures. The signal indicates early strength, although market participants are expected to remain selective amid ongoing volatility.
According to market experts, domestic equities may stay range-bound as investors focus on near-term triggers such as weekly options expiry and expectations around the upcoming third-quarter earnings season. While geopolitical tensions and tariff-related concerns continue to weigh on sentiment, support from stable domestic macroeconomic conditions and steady institutional participation is helping limit downside risks.
On Monday, January 5, both the Sensex and Nifty 50 closed lower despite supportive global cues. Profit booking in select heavyweight stocks dragged benchmarks lower. Market sentiment weakened further after reports of US military action in Venezuela, which reportedly led to the capture of President Nicolas Maduro and his wife, adding to global geopolitical uncertainty.
Against this backdrop, several stocks are likely to remain in focus on Dalal Street today due to company-specific developments.
HDFC Bank shares are expected to attract attention after the bank’s American Depositary Receipts (ADRs) fell sharply by 6.33 percent overnight. The lender released its Q3 business update on Monday, reporting that gross advances rose 11.9 percent year-on-year to approximately Rs 28.45 lakh crore as of December 31, 2025.
Trent may also see buying interest after reporting a strong performance. The company posted a 17 percent year-on-year rise in Q3 revenue to Rs 5,220 crore. Revenue for the nine-month period ended December 31 grew 18 percent to Rs 14,604 crore, according to an exchange filing.
L&T Finance delivered a robust business update for the December quarter. Retail disbursements in Q3 FY26 stood at Rs 22,690 crore, registering a strong 49 percent year-on-year growth, highlighting healthy demand across retail lending segments.
NBCC India is likely to remain in focus after securing domestic orders worth Rs 134.05 crore. These include a Rs 45.87 crore contract from Maharaja Sriram Chandra Bhanja Deo University and a Rs 88.18 crore order from the Odisha School Programme Authority for civil works under government schemes.
Adani Ports and Special Economic Zone (APSEZ) reported steady operational performance in December. Cargo volumes continued to grow, supported by strong traction in container traffic.
Dabur indicated early signs of demand recovery in the December quarter, supported by GST changes and improved consumer sentiment. The company noted that rural demand outperformed urban markets during the period.
ONGC announced a strategic partnership with Japanese shipping major Mitsui OSK Lines to strengthen its capabilities in specialised energy transportation.
Indian Energy Exchange (IEX) reported a 2.8 percent year-on-year rise in electricity traded volumes to 11.44 billion units in December, despite a decline in Day-Ahead Market volumes.
Among banks, Kotak Mahindra Bank and Axis Bank reported healthy growth in advances, with both lenders posting double-digit year-on-year increases for the December quarter.
Overall, markets are expected to trade cautiously, with stock-specific action likely to dominate amid global uncertainty and the approaching earnings season. 

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