Indian markets head into the session on January 5, 2026, with several quarterly updates and global cues in focus.
Quarterly Results and Corporate Updates:
Axita Cotton Ltd, CDG Petchem Ltd, and KSH International Ltd are scheduled to announce their quarterly results today.
Poonawalla Fincorp Limited reported provisional assets under management of ₹55,000 crore as of December 31, 2025, registering a 77.5% year-on-year and 15.3% quarter-on-quarter growth. The company maintained liquidity of ₹6,450 crore and reiterated its focus on risk management, a diversified asset base, and sustainable profitable growth.
HDFC Bank released its business update for the December 2025 quarter (Q3 FY25). Average advances rose 9.0% year-on-year to ₹28,639 billion, while period-end advances increased 9.8% to ₹29,460 billion. Gross advances grew 11.9% to ₹28,445 billion. Average deposits increased 12.2% to ₹27,524 billion, with average CASA deposits up 9.9% to ₹8,984 billion. Period-end deposits rose 11.5% to ₹28,595 billion, while period-end CASA deposits grew 10.1% to ₹9,610 billion.
Federal Bank allotted 650 equity shares under ESOS 2010 and 1,12,233 equity shares under ESOS 2017 following the exercise of stock options on January 4, 2026, resulting in an increase in the bank’s issued share capital.
Global Markets Snapshot:
In the US, the S&P 500 closed 0.19% higher at 6,858.47, while Nasdaq slipped 0.08%. Dow Jones futures were marginally higher at 48,394.55.
Asian markets traded strongly. Gift Nifty stood at 26,539, up 0.27%. Japan’s Nikkei 225 surged 2.77%, Hong Kong’s Hang Seng jumped 2.69%, while the Shanghai Composite edged up 0.09%.
