On January 1, 2026, several stocks are expected to be in focus, including Vodafone Idea, NBCC, Hyundai Motor India, and Blue Dart. Indian stock exchanges BSE and NSE are open for trading today, even as many major global markets remain closed for the New Year holiday.
Vodafone Idea
Vodafone Idea's shares are in focus following an announcement that the company will receive ₹5,836 crore from its promoter, the Vodafone Group. This inflow is a result of a revised Implementation Agreement (IA) related to settling a long-pending contingent liability involving the promoters. Under the revised agreement, Vodafone Group will release ₹2,307 crore over the next 12 months, with the remaining amount secured through a share-based mechanism. Certain Vodafone Group shareholders have earmarked 3.28 billion equity shares of Vodafone Idea for five years, and proceeds from selling these shares at the company's direction will go to Vodafone Idea. Additionally, Vodafone Idea clarified that it has not received any communication from the government regarding any supposed relief related to AGR (Adjusted Gross Revenue) dues.
NBCC (India) Limited
NBCC has secured new domestic projects worth ₹220.31 crore. Canara Bank awarded a ₹163.12 crore contract for its Bengaluru head office, and Navodaya Vidyalaya Samiti placed two orders worth ₹9.01 crore and ₹48.18 crore for school infrastructure projects in Maharashtra and Telangana. The company also informed exchanges about the closure of its trading window starting January 1, 2026, to prevent insider trading ahead of the Q3 FY26 financial result disclosure.
Hyundai Motor India
Hyundai Motor India is increasing prices across its model range by 0.6% starting January 1, 2026, due to rising costs of precious metals and commodities. The company stated that it is compelled to pass on some of these increased expenses to customers. In other news, Unsoo Kim has resigned as the Managing Director & Director of Hyundai Motor India, effective December 31, and Tarun Garg has been appointed as the new Managing Director & Chief Executive Officer, effective January 1, 2026. Hyundai Motor India has also announced the closure of its trading window for designated persons and their immediate relatives, effective January 1, 2026.
Blue Dart
Blue Dart Express has announced a general price increase (GPI) effective January 1, 2026. The average shipment price is set to increase in the range of 9% to 12%, depending on product variabilities and the customer's shipping profile. This price increase is attributed to inflationary pressures, escalating airline costs, and complexities in the global supply chain. However, customers signing up between October 1 and December 31, 2025, will not be affected by this price rise. Blue Dart Express has also declared the closure of its trading window for all designated persons and their immediate relatives, effective from January 1, 2026.
Market Overview
The Indian stock market ended the previous year positively, with the Sensex rising 545 points, or 0.64%, to close at 85,220.60, and the Nifty 50 gaining 191 points, or 0.74%, to finish at 26,129.60. Early signals from GIFT Nifty suggested a positive opening for domestic equities on January 1, 2026. Metal stocks led the rally following the government's decision to impose a three-year safeguard duty on select steel imports.
