6 min read | Updated on January 01, 2026, 08:52 IST
SUMMARY
Stocks to Watch: Voltas, Blue Star, and other electrical appliance stocks will be in focus, as prices of cooling appliances such as room air conditioners and refrigerators may go up 5-10% from January 1, 2026, as the new revised star rating from the Bureau of Energy Efficiency (BEE) comes into force.
The GIFT NIFTY futures suggest that the NIFTY50 index will open 36 points higher. | Image: Shutterstock
Stocks to Watch: The domestic equity market is expected to open in the green on Thursday, January 1. The GIFT NIFTY futures suggest that the NIFTY50 index will open 36 points higher.
Here is a list of stocks that may remain in focus today.
Maruti, Tata Motors, Eicher Motors and other auto stocks: Shares of automotive companies will be in focus on Thursday, January 1, as the firms will start releasing their December 2025 sales numbers from today.
RBL Bank: The lender, in its regulatory filing, issued a disclosure in relation to the proposed investment by Emirates NBD Bank (P.J.S.C.) (“Investor”) in the bank by way of a preferential issue of equity shares (“Proposed Transaction”).
The bank said that it has made respective applications to the RBI and the Government of India for temporarily capping the foreign shareholding at 24% of the total equity instruments of the bank on a fully diluted basis, which has not been presently acceded to as per the extant rules and regulations.
The bank and the "investor" continue to engage with the Government of India and the RBI for the other requisite regulatory approvals.
HUDCO: The company has achieved loan sanctions of ₹1,39,151.92 crore (provisional, subject to audit) for the nine-month period ended December 31, 2025, with Q3 FY 2025-26 loan sanctions of ₹46,167.32 crore (provisional, subject to audit).
Further, the company has achieved loan disbursements of ₹41,346.70 crore (provisional, subject to audit) for the nine-month period ended 31st December, 2025, with Q3 FY 2025-26 loan disbursements of ₹15,508.25 crore (provisional, subject to audit).
Banking stocks: Shares of public sector banks as well as private sector lenders will be in focus as banks' gross non-performing assets (GNPA) ratio will improve further to 1.9% by March 2027 under a baseline scenario, the Reserve Bank said on Wednesday.
As of September 2025, the key ratio stood at a multi-decade low of 2.1%, the central bank said in its half-yearly Financial Stability Report.
"The aggregate GNPA ratio of the 46 banks may improve from 2.1% in September 2025 to 1.9% in March 2027 under the baseline scenario," the report said.
The GNPA ratio may rise to 3.2% and 4.2% under adverse scenarios, the Reserve Bank of India (RBI) said, pointing to results of its stress tests.
Tobacco, cigarette stocks: Shares of cigarette, tobacco, pan masala, and similar product manufacturers are expected to be in the spotlight on Thursday, January 1, as the government on Wednesday notified February 1 as the date from which additional excise duty will be levied on tobacco products and a new cess on pan masala.
The new levies on tobacco and pan masala will be in addition to the GST rate and will replace the compensation cess currently levied on these sin goods.
Vodafone Idea (Vi): Shares of Vodafone Idea (Vi), the beleaguered telecom operator, will be in focus on Thursday, January 1, as the company will receive around ₹5,836 crore from Vodafone Group as part of the resettlement of a liability claim pact between the two companies, according to regulatory filings of both companies.
Under the revised agreement, Vodafone Group promoters will release ₹2,307 crore over the next 12 months for Vodafone Idea as per the terms agreed in the amendment agreement.
Vodafone Group has also set aside its 328 crore shares held in Vi for Vi's benefit.
Voltas, Blue Star, and other electrical appliance stocks: Shares of these companies will be in focus as prices of cooling appliances such as room air conditioners and refrigerators may go up 5-10% from January 1, 2026, as the new revised star rating from the Bureau of Energy Efficiency (BEE) comes into force.
This hike, which will be applicable from January 1, 2026, will almost offset the price advantage which the consumers have got from the GST reforms in September this year on room air conditioners (RAC), where duty was slashed by 10%.
Besides, the fall of the Indian rupee against the US dollar and the global increase in copper prices are also putting pressure on manufacturers' margins.
IRFC: Indian Railway Finance Corporation Limited (IRFC), a Government of India NBFC under the administrative control of the Ministry of Railways, on Wednesday executed a rupee term loan agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO) for a sanctioned amount of ₹5,000 crore.
Out of the sanctioned loan, ₹3,000 crore has already been disbursed.
Tata Steel: The steel major has completed the acquisition of shares worth ₹11 billion in Tata Bluescope Steel.
Dr Reddy's: Dr Reddy's Laboratories SA, Switzerland, a wholly owned subsidiary of the Company ("Dr Reddy's Swiss"), has received a Complete Response Letter (CRL) from the United States Food and Drug Administration (USFDA) for its Biologics License Application (BLA) for AVT03 (denosumab), a proposed biosimilar candidate to Prolia® & Xgeva®, developed by Alvotech hf (“Alvotech”).
The CRL refers to the observations from a pre-licence inspection of Alvotech’s Reykjavik manufacturing facility.
GMR Power and Urban Infra: GMR Energy Limited, a wholly owned subsidiary of the company, has incorporated GMR Utkal Solar Power Limited, a wholly owned subsidiary company.
Canara Robeco Asset Management Company: Shares will be in focus as K Satyanarayana Raju, vide his letter dated December 31, 2025, has tendered his resignation as the Non-Executive Non-Independent Director and the Chairman.
Landmark Cars: The company's board has approved the investment in the wholly owned subsidiaries of the company to the tune of ₹80 crore by subscribing to the rights issue of Aeromark Cars Private Limited (2,50,00,000 Optionally Convertible Redeemable Preference Shares of ₹10 each), Landmark Premium Cars Private Limited (3,50,00,000 Optionally Convertible Redeemable Preference Shares of ₹10 each) and Landmark Mobility Private Limited (2,00,00,000 Optionally Convertible Redeemable Preference Shares of ₹10 each).
Hexaware Technologies: The company has received approval from the New Jersey Division of Revenue for the merger of Mobiquity Velocity Solutions Inc. and Mobiquity Inc. (both being wholly owned step-down subsidiaries of the company) (“Transferor Companies”) into Hexaware Technologies Inc. (a wholly owned subsidiary of the company) (“Transferee Company”) w.e.f. January 01, 2026.
With inputs from PTI
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