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Sensex Today | Stock Market LIVE Updates: Nifty recovers from early losses, turns positive

Published on 06/01/2026 10:08 AM

Mitessh Thakkar, President – Retail Research, Bonanza Portfolio

Emmvee surges more than 7%, Jefferies initiates buy call

Metal stocks are higher in a muted market, and copper prices at a record high

As the markets remain volatile, Reliance is trading under pressure with a dip of over 3%.

LTV is now under 60%, and we are sitting on a comfortable cushion, do not see any material risk in any specific portfolio

The Nifty 50 index has fallen below the 26,200 mark.

Sudarshan Sukhani, Proprietor, Technical Trends

 

Trent shares declined over 8% after the Tata Group company reported a 17% growth in Q3 revenue at ₹5,220 crore, compared with ₹4,466 crore in the corresponding quarter last year. Revenue growth remained steady sequentially, matching the 17% growth reported in Q2 FY26, though it was lower than the pace seen in Q3 FY25, Q4 FY25 and Q1 FY26, respectively.

 

Trent slumps in trade, Top Nifty loser on weak Q3 update

Market opens largely lower, Nifty below 26,200

RBI issues amendment directions on lending to related parties by regulated entities. to come into effect from April 1, 2026

RBI issues amendment directions on lending to related parties by regulated entities. to come into effect from April 1, 2026

Tuesday, January 6, saw gold and silver prices stay high, reflecting a market stuck between growing geopolitical dangers and a long list of impending US economic data. Investors became cautious ahead of important macro signals that might affect interest-rate expectations and currency moves, even if safe-haven demand kept precious metals well supported.

 

Rupee Check | Rupee Opens At 90.21/$ Vs Monday’s Close Of 90.28/$

Matt Orton, Chief Market Strategist, Raymond James Investment On CNBC-TV18

Venugopal Garre – Bernstein – India Strategy

CUT India To Neutral

India enters 2026 as one of the most expensive markets globally, with >20x forward P/E and a high15.1x being the average across 15 key economies we tracked

We’re back to a phase of heftier valuations across markets which have in the past rewarded cheaper markets well, as opposed to the phase starting FY24 when more expensive markets attract flows and get costlier.

Moreover, report discusses how years with limited catalysts are more of valuation play and catch-up trades rather than earnings driven.

While 2025 was a modest year for earnings – even after assuming a 13.5% earnings CAGR over FY28 and a 19x multiple on 2-year forward EPS we get a Nifty target of 28,100 which is a modest return of 7.5% this year

As we focus on absolute returns – this makes us cut India to neutral.

Here’s a list of stocks that are in focus going into trade today

Here’s a list of stocks that are in focus going into trade today

Here’s how the global market cues are placed this morning

Here’s how the global market cues are placed this morning

On Tuesday, January 6, Utkarsh Small Finance Bank Ltd. shares are under scrutiny following the lender’s third-quarter business statement.

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