As the markets enter the second trading day of 2025, key stocks across sectors are in focus, with investors closely tracking early trends that could set the tone for the year ahead.
As indicated by GIFT Nifty, Indian equity indices BSE Sensex and NSE Nifty 50 are likely to open flat on Thursday, January 2. Here’s a look at the key stocks to watch in today’s trade.
Stocks in Focus: GIFT Nifty was trading 24 points or 0.10 per cent lower at 23,853 indicating a negative start for domestic indices NSE Nifty 50 and BSE Sensex on Thursday.
Sensex and Nifty Close Higher on First Day of 2025
The Indian stock markets welcomed the new year on a high note. The BSE Sensex climbed 368 points or 0.47 per cent to settle at 78,507.13, while the NSE Nifty gained 98 points or 0.41 per cent, closing at 23,742.90.
Stocks to watch on January 2, 2025
Tata Motors
In December 2024, Tata Motors recorded a slight 1 per cent surge in domestic sales, delivering 76,599 units. While passenger vehicle sales, including EVs, grew by 1 per cent, commercial vehicle sales posted a minor dip of 1 per cent.
RailTel Corporation
The telecom infrastructure provider secured a Rs 78.43 crore order from Bharat Coking Coal Ltd. This contract involves critical work for Bharat Coking Coal, further strengthening the RailTel’s project portfolio.
NMDC
India’s largest iron ore producer reported a 5.1 per cent rise in December 2024 production, reaching 4.71 million tonnes (MT), compared to 4.48 MT a year ago. However, sales slipped 6.7 per cent to 3.91 MT from last year’s 4.19 MT. In its latest quarterly update, NMDC posted an 18.1 per cent jump in net profit, amounting to Rs 1,211.6 crore for the September quarter.
M&M
Mahindra & Mahindra (M&M) reported a 16 per cent increase in total auto sales in December. The company sold 69,768 units during the month.
Indian Bank
Shanti Lal Jain, who served as the bank’s Managing Director and CEO, retired on December 31, 2024. Following his superannuation, the bank is now operating under interim leadership until a new appointment is made.
Also Read: Market Outlook 2025: Bajaj Broking sees Nifty at 28,700, stock picks include Prestige Estates, ITD Cementation
Ambuja Cements
The company has received regulatory clearances for its merger with Adani Cementation.
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