The momentum was not limited to retail-focused segments, the brokerage noted. The medium and heavy commercial vehicle (MHCV) industry showed clear signs of revival after a prolonged 15-month downturn.
According to InCred Equities, the CV downcycle that played out over six quarters between April 2024 and July 2025 appears to be bottoming out.
Around 11:05 AM, Amber Enterprises share was trading 3.03 per cent higher at ₹6,676.25 per share. By comparison, BSE Sensex was trading flat at 85,757.91 levels.
The brokerage highlights a robust export outlook for companies in renewables and T&D, with select EPC and product companies benefiting from international demand.
Nomura expects Marico's consolidated revenue to rise in the high twenties Y-o-Y in Q3FY26, estimating growth of around 27%, despite a broadly stable demand environment for the FMCG sector.
Stocks to watch on Monday, January 5, 2026: At around 7:10 AM, GIFT Nifty futures were up 79.1 points at 26,534.5, signaling a strong start for the bourses.
The US strike on Venezuela may cause short-term jitters in Indian markets, but trade deal uncertainty, FPI flows and geopolitics remain the bigger overhang
Sensex Today | Stock Market LIVE on Friday, January 02, 2026: In broader markets, the Nifty Midcap 100 and the Nifty Midcap 100 were trading 1.01 per cent and 0.72 per cent higher, respectively
Around 1:10 PM, Coal India share price was trading 5.50 per cent higher at ₹422.35 per share. By comparison, BSE Sensex was trading 0.53 per cent higher at 85,641.58 levels.
After a modest recovery in Q2 on low expectations, Motilal Oswal expects December quarter (Q3) to revert to typical seasonal softness, with furloughs weighing on growth across large IT services firms.
At 10:30 AM, Bansal Wire share price was off day's high, but continued to trade 3.29 per cent higher at ₹315.25 per share. By comparison, BSE Sensex was trading 0.40 per cent higher at 85,529.69 level
At 9:45 AM, Time Technoplast share price was trading 2.21 per cent higher at ₹192.35 per share. By comparison, BSE Sensex was trading 0.36 per cent higher at 85,497.10 levels.
Motilal Oswal said the Nifty is trading at a 12-month forward P/E of 21.2x, near its long-period average of 20.8x, suggesting valuations are reasonable.
Indian companies, on aggregate, remain among the most disciplined in capital spending and manage some of the strongest balance sheets in the world
A weak rupee has wiped out nearly half of global investors' gains, leaving foreign funds waiting for a currency rebound to revive returns
It has beat gold and traditional savings, delivering a consistent winning streak while creating significant wealth for ordinary people who held their investments through decades of economic growth
Sensex today | Stock Market Close, December 31, 2025: In CY 2025, Nifty MidCap 100 rose 5.7 per cent, extending its winning streak to six years, while Nifty SmallCap slipped 5.6 per cent
On the bourses, VA Tech Wabag share price rose as much as 6.17 per cent to an intraday high of ₹1,349, before trading 2.81 per cent higher at ₹1,306.20 around 12:50 PM.
In passenger vehicles, the brokerage expects the segment to post 19 per cent year-on-year (Y-o-Y) growth in dispatches in December, broadly in line with retail trends.
The ZF Steering Gear share price rose after its wholly-owned subsidiary, Drivesys Systems (Aluminium Division), won a major order worth approximately ₹151 crore.