Indian equity markets enter the first full trading week of 2026 amid significant domestic and global developments. The Nifty closed at a record high on Friday, surpassing its previous peak of 26,325, while the Nifty Bank index also hit a fresh all-time high after gaining more than 450 points.
Banking stocks remain in focus following a series of business updates from lenders including Bank of Baroda, CSB Bank, PNB, and others. Investors are also awaiting the business update from HDFC Bank, India’s largest private sector lender.
Beyond financials, market participants will track updates from retailers such as Avenue Supermarts and V2 Retail. Marico shares are also expected to remain in focus based on brokerage commentary.
Coal India will be watched closely ahead of the IPO of its subsidiary, Bharat Coking Coal Ltd., while ONGC remains on radar due to its exposure to developments in Venezuela. Despite heightened geopolitical tensions over the weekend, reactions across asset classes—including crude oil—have remained largely stable so far.
GIFT Nifty was trading around 80 points higher in early indications, suggesting a positive start for domestic equities.
