Several stocks are expected to remain in focus in Friday’s trading session on January 9, 2026, amid corporate results, orders and deal-related announcements that could drive stock-specific movements.
Indian equity markets are expected to open flat to marginally higher on the last trading day of the week, tracking mixed cues from Asian markets. Gift Nifty futures were trading around the 26,000 mark, up about 30 points around 8 am, indicating a potentially positive start for the Nifty 50. However, overall investor sentiment remains cautious due to prevailing global uncertainties.
Investor caution continues ahead of a decision by the US Supreme Court on the validity of sweeping global tariffs imposed by US President Donald Trump. The ruling is expected to have implications for global trade, supply chains and emerging markets, prompting domestic investors to adopt selective buying and cautious trading strategies during the session.
Several stocks are likely to see heightened activity during the day due to quarterly earnings, corporate actions, orders and strategic developments.
Indian Renewable Energy Development Agency, Tejas Networks and Globus Spirits are scheduled to announce their quarterly results during the session. Market participants will closely track these earnings for updates across the renewable energy, telecom equipment and consumer segments.
Elecon Engineering Company reported a consolidated net profit of ₹72 crore for the December quarter, compared with ₹108 crore in the corresponding quarter last year, reflecting a year-on-year decline of 33.1 percent. Investor reaction to the earnings is expected to be tracked during the session.
Transformers and Rectifiers reported a year-on-year increase of 37 percent in net profit for the third quarter, with profit rising to ₹76 crore from ₹55.51 crore a year earlier. The company’s revenue increased 32 percent to ₹736.76 crore during the quarter.
SML Mahindra released its production and sales data for December 2025. The company produced 1,455 commercial vehicles, sold 1,019 units and exported 25 units during the month.
Bajaj Finserv completed the acquisition of Allianz SE’s 23 percent stake in its two insurance subsidiaries, Bajaj General Insurance and Bajaj Life Insurance, in line with the share purchase agreements executed in March 2025.
Tata Motors’ commercial vehicle arm, through its unit TML Smart City Mobility Solutions Limited, acquired a 26 percent stake in TravelTime E Mobility Chennai Private Limited. The investment amounts to ₹3,51,350, involving the purchase of 35,135 equity shares at ₹10 per share.
Bharat Forge and Germany-based Agile Robots SE signed a memorandum of understanding to explore strategic collaboration opportunities in artificial intelligence-driven robotics and intelligent industrial automation.
Prestige Estates Projects, through Canopy Living LLP, signed a sale agreement to acquire 16.381 acres of land in the Padi area of Chennai.
Rail Vikas Nigam Limited received a letter of acceptance from East Coast Railway for a project involving the establishment of a 200-capacity wagon periodic overhaul workshop at Kantabanji, with a total project cost of ₹201.2 crore.
Sky Gate Hospitality, a subsidiary of Devyani International, sold its entire 51 percent stake in Peanut Butter and Jelly to Heritage Foods. Following the transaction, Peanut Butter and Jelly is no longer a step-down subsidiary of Sky Gate Hospitality and Devyani International.
Power Mech Projects said its unit PM Green received an order from West Bengal State Electricity Distribution Company for setting up a battery energy storage system with a capacity of one gigawatt hour. The total value of the project is ₹3,126 crore.
Swara Baby Products, a subsidiary of Brainbees Solutions, completed the acquisition of 100 percent stake in Solis Hygiene. Under the transaction, 66,665 shares were acquired, and 70,92,200 equity shares of Swara Baby Products were issued as consideration.
Eternal, the parent company of Zomato and Blinkit, received two demand orders exceeding ₹27.56 crore related to Zesto, including interest and penalties.
The board of Bata India approved the implementation of a voluntary retirement scheme for all eligible employees at its Bata Shoe Manufacturing unit in Hosur, Tamil Nadu.
Bharat Heavy Electricals Limited secured a contract for coal gasification and raw syngas purification facilities for a coal-to-ammonium nitrate project at Jharsuguda in Odisha. The project is associated with Bharat Coal Gasification and Chemicals Limited, a joint venture between BHEL and Coal India.
