Nifty, Sensex Pull Back on Talks of a Trade Deal – Monday Market Report
Moneylife Digital Team 12 January 2026
On Monday, 1569 stocks advanced, 2724 declined and 197 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.59 indicating a negative closing. The trend of the major indices on Monday’s trading is given in the table below.  
 
 
On NSE, 48 securities advanced and closed at a new 52-week high whereas 459 securities sank to close at their new 52-week lows.  In sectoral indices, Nifty Media, Nifty Pharma and Nifty Auto were among the biggest losers. Nifty Metal, Nifty PSU Bank and Nifty FMCG were among the biggest gainers.
 
Alembic Pharmaceuticals (-0.38%) received tentative USFDA approval for its Bosutinib Tablets, 400 mg (sANDA). The drug is equivalent to Bosulif 400 mg and treats Ph+ chronic myelogenous leukemia (CML). Alembic already holds approvals for 100 mg and 500 mg strengths. This expands its oncology portfolio and US generics market positioning.
 
Aurionpro Solutions (-2.73%) bagged a ₹150 crore multi year order from Delhi Metro Rail Corporation (DMRC) to implement advanced Automated Fare Collection (AFC) systems for the Bhopal and Indore Metro projects. The initiative, part of DMRC’s collaboration with Madhya Pradesh Metro Rail Corporation Limited (MPMRCL), will deploy standardized AFC infrastructure to enhance commuter convenience, efficiency, and interoperability. Aurionpro will supply, implement, and maintain open loop EMV card and QR code based solutions, with comprehensive operations and support over five years.
 
KP Green Engineering (+3.28%) secured its largest-ever order win, receiving Advance Work Orders worth ₹819 crore (including GST) from Bharat Sanchar Nigam Limited (BSNL) under the Government of India’s 4G Saturation Project. The contracts are split across two clusters—₹483 crore for Cluster C (Maharashtra & Goa) and ₹336 crore for Cluster J (Jammu & Kashmir, Ladakh, Uttarakhand, Himachal Pradesh)—covering diverse terrains from urban to hilly regions. As an Infrastructure as a Service Provider, KP Green will handle tower supply, erection, allied telecom infrastructure, and long-term operation and maintainence (O&M) for five years, extendable by another five.
 
Indian Oil Corporation Limited (+0.40%) and Maruti Suzuki India Limited (+0.49%) have signed an MoU to expand vehicle service facilities at select IndianOil fuel stations nationwide. Under this partnership, authorised Maruti Suzuki service centres will be set up at fuel stations, enabling customers to access scheduled maintenance and minor repairs alongside refuelling. The initiative creates a one‑stop solution for car owners, combining fuel and after‑sales service in a single visit. Leveraging IndianOil’s 41,000+ fuel stations and Maruti Suzuki’s 5,780+ service touchpoints, the collaboration aims to enhance accessibility and reduce turnaround time for routine vehicle care.
 
Maruti Suzuki India Limited approved the acquisition of land at the Khoraj Industrial Estate in Gujarat to expand its manufacturing capacity, marking a key milestone in its long-term growth roadmap aligns with rising domestic demand and the company’s ambition to strengthen its export base. Currently, Maruti Suzuki operates plants in Gurugram, Manesar, Kharkhoda, and Hansalpur, with a fully utilised annual capacity of about 26 lakh vehicles. The proposed expansion at Khoraj is expected to add up to 1 million units per year, reinforcing the company’s position in India’s growing automobile market.
 
Solex Energy (+2.30%) announced it has secured a ₹289.84 crore work order (inclusive of taxes) for the supply of advanced solar photovoltaic modules. The order, awarded by a renowned Independent Power Producer (IPP), covers N-Type TOPCon 615 Wp and 620 Wp Glass-to-Glass (G12R) Solar PV Modules.
 
JTL Industries announced that it has secured a significant order from Punjab State Transmission Corporation Limited (PSTCL) for the manufacture, fabrication, and galvanization of 220kV transmission tower material and substation structures. The one‑time order will be executed within FY25-26 and does not fall under related party transactions.
 
Krystal Integrated Services (-1.15%) announced a new work order worth about ₹111 crore from the Vasai Virar City Municipal Corporation. The contract covers door to door collection, segregation, and transportation of municipal solid waste, along with street cleaning and delivery to designated sites, in line with the Solid Waste Management Rules, 2016. The order has been awarded for Prabhag “F” and will be executed over a five-year period.
 
Lloyds Engineering Works Limited (+1.37%) announced it has signed a purchase and licensing agreement with The Material Works Limited, a Delaware-based firm, to globally manufacture and sell acid-less steel pickling technology. The deal covers the advanced EPS Gen‑4 cells, developed and patented over 15 years, enabling Lloyds to design, manufacture, and sell the technology worldwide, with exclusions for China, Macao, Hong Kong, Taiwan, and a 350‑mile radius around Red Bud, Illinois. Under the licensing model, Lloyds will make annual cash payments and pay earn‑out fees for a specified period, while The Material Works will provide design upgrades, technical training, marketing materials, and sales support.
 
NBCC (India) Limited (-1.51%) announced that its subsidiary HSCC (India) Limited has signed a Strategic Collaboration MoU with Bharat Electronics Limited (BEL). The partnership will focus on healthcare manufacturing and services, covering areas such as medical devices, healthcare IT and digital solutions, consultancy, project execution, joint procurement, AMC, warranty support, and advisory services.
 
Rallis India Limited (+0.59%) launched Idea2Impact™, an open innovation ecosystem to accelerate farmer‑first and sustainable agri‑solutions. The platform connects farmers, researchers, startups, academic institutions, and small enterprises with Rallis’ scientific expertise, R&D infrastructure, and pan‑India reach. It aims to integrate external ideas and field insights with rigorous testing and validation. The initiative comes amid rising challenges in Indian agriculture, including climate variability, sustainability pressures, and regulatory shifts.
 
TANFAC Industries (+2.20%) signed a long-term export contract with a Japanese customer for the supply of 7,500 metric tonnes of fluorinated chemicals annually. The deal, valued at ₹337.5 crore per year and totaling about ₹2,362.5 crore over seven years (exclusive of GST).
 
Man Industries (India) (-0.80%) announced a major business update, securing fresh pipe supply orders worth about ₹550 crore. The contracts, spanning both domestic and international customers, are expected to be executed within the next six months.
 
Shakti Pumps (India) Limited (+5.18%) secured a Letter of Award from Karnataka Renewable Energy Development Limited (KREDL) for the supply, installation, and commissioning of 16,780 Stand‑alone Off‑Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) across Karnataka. The order, awarded under Component‑B of the PM‑KUSUM scheme, marks a major milestone in promoting solar energy adoption in agriculture, replacing diesel pumps, boosting farmer income, and advancing sustainable irrigation practices.
 
Indian Renewable Energy Development Agency (IREDA) (+3.58%) reported a Q3FY26 performance. Total revenue rose to ₹2,139 crore, up from ₹1,698 crore in Q3 FY25. PAT increased 38% y‑o‑y to ₹585 crore versus ₹425 crore last year. On asset quality, gross non-performing assets (GNPA) stood at 3.75% (vs 2.68% y‑o‑y) but improved sequentially. net non-performing assets (NNPA) rose to 1.68% from 1.50% a year ago, reflecting some stress despite overall growth.
 
Avenue Supermarts (+0.82%) posted a Q3 FY26 performance with standalone revenue of ₹17,612.62 crore, up 13.2% y o y from ₹15,565.23 crore in Q3FY24-25. The company continued its expansion drive, closing the quarter with 442 stores after net additions across Andhra Pradesh, Karnataka, Gujarat, Rajasthan, and Tamil Nadu. 
 
Krishana Phoschem (-1.71%) posted a stellar Q3 FY26 performance, with revenue from operations up 117% y‑o‑y to ₹659.11 crore versus ₹304.03 crore last year. Profit from continuing operations also came in strong, up 62% y‑o‑y at ₹33.32 crore compared with ₹20.53 crore in December 2024.
 
TCS (+0.99%) Q3FY25-26 revenue rose 4.87% y‑o‑y to ₹67,087 crore. Net profit fell 13.92% y‑o‑y to ₹12,444 crore. Topline growth driven by demand resilience. Margins compressed, impacting profitability. Overall, revenue up but earnings under pressure.
 
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
Comments
Market This Week
Moneylife Digital Team 09 January 2026
Moneylife’s market breadth indicators extended their stay in bearish territory, underscoring a decisive weakening in internal momentum. The steady decline reflects sustained pressure, with fewer stocks able to hold above their 20-,...
Moneylife Stockgraders
Moneylife Digital Team 09 January 2026
Guidelines                                        1. The Grader captures the three factors that determine investments: valuation, returns and price strength. Our grader captures these three parameters.   2. In this system, A is a...
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team 09 January 2026
INDIAN MARKET TRENDS From 2nd January to 9 January 2026, ML Micro-cap Index and the NIFTY fell 2% each. The Sensex and ML Mega-cap Index fell 3% each. ML Large-cap Index fell  4%. ML Small-cap Index and ML Mid-cap Index fell 5%...
Data Patterns India Limited: Positioning for Indigenous Defence Electronics Growth
Moneylife Digital Team 09 January 2026
India is reshaping its defence industry through policy initiatives such as ‘Make in India’ and AatmaNirbhar Bharat, aiming to reduce dependence on imported military hardware and build domestic manufacturing and export capabilities....
Free Helpline
Legal Credit
Feedback