Stocks to Watch on Tuesday, January 6: Indian equity benchmarks ended marginally lower on Monday, with the Nifty slipping around 0.3 per cent to close near the 26,250 level after a choppy session in which
early gains gradually fizzled out. Analysts said the ongoing consolidation remains healthy after the recent up move, provided the index holds above its earlier swing lows.
The immediate support for the Nifty is seen in the 26,000–26,200 zone, while the near-term upside potential remains intact towards 26,500–26,700, market participants said.
HDFC Bank
The country’s largest private sector lender reported a 12 percent rise in loan growth to Rs 28.44 lakh crore in the December quarter. Total advances stood at Rs 25.42 lakh crore as of December 31, 2024, HDFC Bank said in a regulatory filing.
IndusInd Bank
IndusInd Bank posted a mixed operating performance in the December 2025 quarter, marked by a contraction in its loan book and a modest sequential recovery in deposits, even as the share of low-cost CASA deposits continued to decline. Net advances stood at Rs 3.18 lakh crore as of December 2025, down 13 percent year-on-year and 2.2 percent sequentially from the September quarter.
Trent
Tata Group retailer Trent reported steady growth in the December quarter, although the pace of expansion moderated from the sharp growth seen in recent years. Standalone revenue rose 17 percent year-on-year to Rs 5,220 crore in Q3, supported by sustained traction in its value-fashion and lifestyle formats amid a mixed consumption environment.
Axis Bank
Axis Bank, India’s third-largest private lender by market capitalisation, reported a 14 percent year-on-year increase in gross advances to Rs 11.70 lakh crore in the December quarter, compared with Rs 10.26 lakh crore a year earlier. On the liabilities side, total deposits rose 15 percent YoY to Rs 12.6 lakh crore from Rs 10.96 lakh crore in the corresponding quarter last year.
Kotak Mahindra Bank
Kotak Mahindra Bank reported a 16 percent year-on-year rise in net advances for the December quarter to Rs 4.8 lakh crore, compared with Rs 4.13 lakh crore in the year-ago period. Total deposits stood at Rs 5.43 lakh crore in Q3FY26, up 15 percent from Rs 4.73 lakh crore in the corresponding quarter of the previous financial year.
Torrent Pharmaceuticals
Torrent Pharmaceuticals will raise up to Rs 12,500 crore through the issuance of non-convertible debentures (NCDs) in one or more tranches, following approval by the company’s Securities Transfer and Stakeholders Relationship Committee. The NCDs will be secured, rated, listed, redeemable and issued on a private placement basis.
Adani Power
The Supreme Court on Monday set aside a 2019 Gujarat High Court verdict that had declined to grant relief to Adani Power on the levy of customs duty on electrical energy generated at its SEZ-based power plant and supplied to the domestic tariff area.
Dabur
Dabur indicated early signs of a demand revival in the third quarter, aided by recent GST rate revisions and improving trade conditions. The FMCG major said that after distributors and retailers spent October 2025 liquidating higher-priced inventory, the trade environment stabilised, leading to a visible improvement in consumer sentiment across both urban and rural markets.
ONGC
Oil and Natural Gas Corporation said it has entered into a strategic partnership with Japanese shipping major Mitsui OSK Lines to strengthen its presence in specialised energy transportation. The two companies signed joint venture and capital contribution agreements, according to a stock exchange filing.
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