What Stocks Could Drive Markets Today Amid Mixed Global Cues?
Global Market Snapshot
Indian markets are likely to open on a cautious note as GIFT Nifty is trading lower, indicating a start in the red. Global cues remain mixed with thin liquidity after the Christmas holiday, even as select risk assets show resilience.
US and European markets remained closed on Thursday due to Christmas, resulting in subdued overnight cues. However, Asian markets are trading mostly higher in early sessions, supported by commodity strength and selective buying.
Key Global Developments to Track
Technology stocks remain in focus globally after Nvidia announced the acquisition of AI chip startup Groq’s assets for about $20 billion, marking its largest deal ever. This reinforces Nvidia’s long-term push into advanced AI infrastructure.
Commodities continue to remain volatile. Gold and silver prices surged as the US dollar weakened amid geopolitical uncertainty linked to Trump-era policy rhetoric. Oil prices remain range-bound near $62 per barrel, balancing geopolitical risks against demand concerns.
Stocks to Watch: Corporate Action Highlights
Adani Enterprises is in focus as the Navi Mumbai International Airport has commenced operations, marking a key milestone in India’s aviation infrastructure expansion.
UltraTech Cement commissioned an additional 1.8 million tonnes per annum of cement capacity across various locations, reinforcing its aggressive capacity expansion strategy.
VIP Industries saw promoter selling to multiple private equity investors and others through block deals, which may keep the stock volatile in the near term.
Bharat Electronics and Astra Microwave entered into a memorandum of understanding with BBG to jointly develop defence electronic modules, strengthening domestic defence manufacturing capabilities.
IRFC signed a ₹9,821 crore loan agreement with the Dedicated Freight Corridor Corporation to refinance a World Bank loan, supporting long-term railway infrastructure funding.
More Stocks in Focus
JK Cement was declared the preferred bidder for a limestone block with an area of 483 hectares in Rajasthan, which could support long-term raw material security.
LT Foods announced plans to set up a new manufacturing unit in Raichur, Karnataka, with a capacity of 30,000 tonnes per annum, aimed at expanding its food processing footprint.
Gujarat Gas saw a leadership change with Milind Torawane resigning as Managing Director and Avantika Singh set to take over, which may attract investor attention.
KNR Construction plans to sell its entire stake in four HAM projects for ₹1,543 crore to Indus Infra, improving balance sheet strength and capital recycling.
NBC acquired 14,776 square feet of land in Dubai worth AED 15 million for a mixed-use development, indicating overseas expansion ambitions.
With global liquidity thin and volatility muted, traders are expected to remain selective. Index movement may stay range-bound, while stock-specific news is likely to drive intraday action.
For traders tracking index direction alongside stock-specific cues, structured approaches using Nifty Trade Insight can help align positions with broader market sentiment.
Investor Takeaway
Derivative Pro & Nifty Expert Gulshan Khera, CFP®, notes that thin holiday volumes often exaggerate stock-specific moves while masking broader trend signals. Investors should avoid aggressive positioning and focus on high-conviction sectors such as infrastructure, defence, and railways while keeping risk tightly managed.
Explore more market insights and disciplined trading perspectives at Indian-Share-Tips.com, which is a SEBI Registered Advisory Services.
SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.
