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Dipan Mehta, Director at Elixir Equities

I think CSB Bank and Dhanlaxmi Bank will report solid earnings because typically gold loans have a higher net interest margin than some of the more secured, safer products. And I don’t think it’s completely discounted in these companies. So as I said, I think it is good to go for the smaller banks, even smaller NBFCs also, they may also do very well. This could be a great turnaround time for some of the microfinance companies also. They have been like completely out of investors mind frame because of very poor numbers. In the banking sector, let us look at the turnaround companies, the companies which are under stress.

Ambareesh Baliga, Independent Market Expert

If you are talking of Hindustan Copper as well as Hindustan Zinc, most of the run has happened. We can see some more upside because there is momentum. But from an investment perspective, I would still suggest ferrous and aluminium. So one should be looking at something like a Tata Steel or the JSW Steel and National Aluminium Co and Hindalco because here I mean although we have seen a decent move up in the last one year, but the full potential we should see in 2026. In fact, something like a Tata Steel I have a price target of over ₹250.

Mithun Aswath, Managing Partner, Kivah Advisors

“On the electronics manufacturing space, we have seen tremendous growth across the sector and Dixon Technologies clearly is the standout company in that space, there was tremendous growth last year with the mobiles business growing exceptionally well. This year seems to be slightly a year of consolidation and next year again you will see a ramp up of growth. We do think they are going to do something like about 60 million mobiles this year. As the next couple of years progress, you will see a lot of backward integration also happening. Where they are going to go into the camera as well as the basically the display space. This is one part of the story. The other part of the story is that they are going to be a very large player on the IT hardware side. So there is a government impetus even on trying to manufacture IT hardware in India and Dixon is very well placed with tie-ups with several of the OEMs.”

Rupee Ends At 90.28/$ Against Friday’s Close Of 90.20/$

Shobit Singhal, Research Analyst, Anand Rathi Institutional Equities

The India VIX, also known as the volatility index, is trading 6.5% higher at this hour.

The shares of RBL Bank declined by over 1% as the markets remained under pressure.

Dixon Tech at day’s low, down over 1% in intra-day trade

The shares of Amber Enterprises surged along with AC stocks.

Amid volatility on the geopolitical stage, the shares of Oil India declined by over 2%.

The shares of Datta Patterns rose along with other defence stocks. The Data Patterns shares rose to ₹2,728 per share.

The Bharat Dynamics rose with other defence stocks.

The shares of Solar Industries rose as a result of the Venezuela attack.

Although the year is only getting started, there might be chances for investors to take advantage of possible market rallies or steer clear of short-term declines.

When a stock’s relative strength index drops below 30, it is deemed oversold. Some equities did, however, close the week in overbought territory. When a stock’s RSI rises above 70, it is deemed overbought.

On Monday, January 5, Universal Music India announced that it will acquire a 30% ownership investment in Excel Entertainment, a film and digital content studio founded by Ritesh Sidhwani and Farhan Akhtar, valued at ₹2,400 crore.

As the index falls over 100 points, these are the top contributors to this fall.

The shares of Reliance Industries declined after hitting their record high mark and crossing the previous high of ₹1,608.

The Nifty 50 index fell further, now trading below the 26,250 mark.

The NIfty Midcap Index is also under pressure, as it dipped to red.

Real GDP is predicted to increase to 7.5% in FY26, indicating an improvement in India’s growth pace. Beyond that, however, as global uncertainties begin to mount, the prognosis becomes less assured. Economists are evenly divided on FY27. While the other half thinks India can still produce 7% or more, the other half sees growth slowing down to about 6.5%.

Ruchit Jain, Equity Technical Research, Wealth Management, Motilal Oswal Financial Services

Buy Marico with a stop loss of ₹750 and a target of ₹820

Buy UNO Minda with a stop loss of ₹1,300 and a target of ₹1,420

The Nifty 50 index has fallen to the day’s lows, falling 100 points from day’s high.

Rudra Gas

Appoints Vinita Mistry As The CFO Of The Co w.e.f Jan 5

Servotech Renewable

Expands Into E-3W Industry With Its 3 Wheeler Lithium-Ion Battery & Charger

The Nifty Bank index fell from the highs, dropping over 300 points from the day’s peak to turn red.

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