India: Daily Stock Market Performance Insight - January 1, 2026

Daily Gainers
2,281
Daily Losers
2,160
Average Return
0.25%
Total Stocks
4,607
View Detailed Market Cap Breakdown
Market Cap Daily Gainers Daily Losers Average Return Total Stocks
Large Cap 196 143 0.26% 341
Mid Cap 178 240 0.06% 420
Small Cap 930 936 0.24% 1,896

Mixed Market Start to 2026, ITC Plummets on Excise Duty Hike

Market Sentiment: mixed
|
Importance Score: 5/10

Reasoning

The market showed mixed signals with slight gains in Nifty offset by Sensex decline, but the significant drop in ITC due to excise duty and its impact on the broader market makes it a market-moving event.

Key Takeaway

Increased excise duties on cigarettes triggered a significant market correction for ITC and Godfrey Phillips, overshadowing positive developments in the infrastructure sector and highlighting the need for selective investment strategies.

View Full Market Analysis
  • MARKET PULSE: Indian benchmark indices exhibited a mixed start to 2026. The BSE Sensex slipped marginally by 32 points, or 0.04%, closing at 85,188.60, while the NSE Nifty 50 edged up by 17 points, or 0.06%, to settle at 26,146.55. The market opening was flat, with gains in IT stocks partially offsetting losses elsewhere.

  • KEY THEMES: The most significant market mover today was the sharp reaction to increased excise duties on cigarettes. ITC and Godfrey Phillips shares plummeted, with ITC losing 10% of its market value – a decline of over Rs 50,000 crore – marking its worst trading day in six years. This decline was significant enough to drag down the broader market. Simultaneously, the infrastructure sector showed resilience with KEC International securing new orders worth Rs 1,050 crore and Kalpataru Projects winning a Rs 719 crore EPC order for the Thane metro rail, indicating continued government investment in infrastructure projects.

  • DATA-DRIVEN: The excise duty hike prompted Nuvama to downgrade ITC’s target price to Rs 415, changing its rating to ‘hold’. The Rupee weakened against the dollar, trading at 89.97, a 0.1% decrease. Looking back at 2025, LIC’s investment performance was mixed, with 64% of its stocks ending the year in the red, but 77 stocks still outperformed the Nifty. Reliance Industries led wealth creation among India’s top 10 conglomerates in 2025, while the Tata Group experienced market value erosion.

  • INVESTOR IMPLICATIONS: Investors should monitor the impact of the excise duty on the FMCG sector, particularly cigarette manufacturers. The infrastructure sector appears promising, given the new orders secured by KEC International and Kalpataru Projects. Tomorrow, watch for potential recovery attempts in ITC and Godfrey Phillips. The mixed performance of LIC’s investments and the varied outcomes among top conglomerates in 2025 suggest a selective approach to investment, focusing on companies with strong fundamentals and growth potential. The weakening Rupee could impact import-dependent sectors.

Daily Streak Leaders for January 1, 2026

Stock Streak Streak Return
5 days 13.46%

Force Motors starts to shine with a 5-day winning streak (18,385.00 → 20,860.00), delivering 13.5% gains. Financial performance remains steady with 23.0B revenue yielding 1.8B profit (Qtr ending Jun 2025). The 7.7% margin suggests room for growth as operations scale.

5 days 13.32%

Steel Authority of starts to shine with a 5-day winning streak (131.00 → 148.45), delivering 13.3% gains. With 293.2B revenue generating only 12.5B profit (4.3% margin) in Qtr ending Mar 2025, the market prices in future margin expansion potential.

6 days -6.69%

Apar Industries navigates difficult waters with a 6-day decline (8,925.00 → 8,327.50), down 6.7%. Weak margins on 50.8B revenue with only 2.6B profit (5.2% margin) in Qtr ending Jun 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

5 days -5.77%

Pb Fintech navigates difficult waters with a 5-day decline (1,916.30 → 1,805.80), down 5.8%. Weak margins on 13.5B revenue with only 846.5M profit (6.3% margin) in Qtr ending Jun 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

15 days 97.92%

SWAN DEFENCE N HEVY continues its remarkable run with a 15-day winning streak (736.45 → 1,457.60), delivering 97.9% gains. Despite 395.7M in revenue and - 198.6M loss (-50.2% margin) as of Qtr ending Sep 2025, the market sees potential beyond current profitability. This momentum suggests confidence in future execution.

5 days 13.37%

Hindustan Electro shows promise with a 5-day winning streak (550.55 → 624.15), delivering 13.4% gains. The financials tell a compelling story: 6.2B revenue generating 1.0B net profit (17.0% margin) demonstrates exceptional profit margins as of Qtr ending Jun 2025.

8 days -8.64%
8 days -7.70%

Healthcare Global struggles to find footing after a 8-day decline (707.25 → 652.80), down 7.7%. Weak margins on 6.1B revenue with only 59.8M profit (1.0% margin) in Qtr ending Jun 2025 validate market skepticism. Structural improvements needed before sentiment shifts.

15 days 97.62%
15 days 97.84%

CDG Petchem dominates the market with an impressive a 15-day winning streak (70.46 → 139.40), delivering 97.8% gains. Despite 52.5M in revenue and - 3.1M loss (-6.0% margin) as of Qtr ending Mar 2025, the market sees potential beyond current profitability. This momentum suggests confidence in future execution.

15 days -50.91%

Silverline struggles to find footing after a 15-day decline (17.64 → 8.66), down 50.9%. The 1.0B revenue base faces margin compression with profits at 72.6M (Qtr ending Sep 2025). Market concerns about profitability appear justified as competition intensifies.

15 days -40.92%

Chandrima experiences extended pressure with a 15-day decline (12.61 → 7.45), down 40.9%. The 44.1M revenue base faces margin compression with profits at 4.2M (Qtr ending Jun 2025). Market concerns about profitability appear justified as competition intensifies.

India Market Daily Gainers & Losers: January 1, 2026

Top India Stock Gainers (January 1, 2026)

Stock Day Open Day Close Daily Change Volume Daily Volume
₹11.12 ₹11.64 9.09% 3.0B 3.0B
₹2,787.60 ₹2,938.40 6.12% 620.5K 620.5K
₹806.90 ₹843.40 4.74% 500.3K 500.3K
₹421.05 ₹435.80 4.07% 18.0M 18.0M
₹484.00 ₹502.00 4.05% 6.0M 6.0M
₹729.00 ₹812.45 11.18% 9.8M 9.8M
₹397.10 ₹429.90 8.55% 4.4M 4.4M
₹288.00 ₹307.90 7.94% 24.0M 24.0M
₹230.40 ₹247.22 7.30% 2.9M 2.9M
₹573.40 ₹604.40 6.81% 742.3K 742.3K
₹0.27 ₹0.32 18.52% 239.4M 239.4M
₹335.60 ₹375.80 12.57% 2.7M 2.7M
₹185.70 ₹206.37 11.30% 30.2M 30.2M
₹86.46 ₹79.23 11.28% 1.1M 1.1M
₹1,020.00 ₹1,129.60 10.03% 782.8K 782.8K

Biggest India Stock Losers (January 1, 2026)

Stock Day Open Day Close Daily Change Volume Daily Volume
₹2,750.00 ₹2,290.50 -17.08% 7.7M 7.7M
₹402.70 ₹363.85 -9.71% 282.6M 282.6M
₹942.40 ₹912.40 -3.18% 221.6K 221.6K
₹9,000.00 ₹8,777.50 -2.79% 26.4K 26.4K
₹1,447.50 ₹1,404.20 -2.74% 1.0M 1.0M
₹252.00 ₹240.85 -5.53% 1.4M 1.4M
₹4,646.70 ₹4,691.75 -4.08% 4.3K 4.3K
₹701.40 ₹673.75 -4.03% 1.0M 1.0M
₹555.50 ₹538.55 -3.92% 44.2K 44.2K
₹948.00 ₹910.35 -3.59% 319.3K 319.3K
₹37.00 ₹36.76 -13.51% 28.0K 28.0K
₹178.25 ₹162.25 -8.98% 1.1K 1.1K
₹289.90 ₹264.10 -8.93% 601 601
₹289.90 ₹264.10 -8.93% 601 601
₹14.91 ₹13.66 -6.57% 14.5K 14.5K

Most Active India Stocks on January 1, 2026

Stock Day Open Day Close Daily Change Volume Daily Volume
₹11.12 ₹11.64 9.09% 3.0B 3.0B
₹402.70 ₹363.85 -9.71% 282.6M 282.6M
₹143.25 ₹148.76 4.04% 64.0M 64.0M
₹521.50 ₹522.65 0.84% 34.6M 34.6M
₹21.66 ₹21.49 -0.51% 32.4M 32.4M
₹36.30 ₹37.52 3.53% 85.3M 85.3M
₹17.22 ₹17.61 2.50% 65.8M 65.8M
₹67.79 ₹68.92 1.67% 49.9M 49.9M
₹9.50 ₹9.30 -2.41% 39.4M 39.4M
₹35.36 ₹34.72 -0.37% 27.7M 27.7M
₹0.27 ₹0.32 18.52% 239.4M 239.4M
₹0.23 ₹0.22 -4.35% 117.5M 117.5M
₹1.90 ₹1.99 4.19% 51.9M 51.9M
₹1.12 ₹1.15 4.55% 51.8M 51.8M
₹0.22 ₹0.22 -4.35% 47.4M 47.4M

India Sector Performance on January 1, 2026

Consumer Cyclical

0.48%
797 stocks
Top Performers by Market Cap:

Financial Services

0.43%
586 stocks
Top Performers by Market Cap:

Utilities

0.29%
50 stocks
Top Performers by Market Cap:

Communication Services

0.27%
119 stocks
Top Performers by Market Cap:
Large Cap: IDEA +9.09%
Small Cap: QUINT +5.54%

Industrials

0.19%
766 stocks
Top Performers by Market Cap:

Real Estate

0.17%
179 stocks
Top Performers by Market Cap:

Technology

0.17%
288 stocks
Top Performers by Market Cap:

Basic Materials

0.15%
620 stocks
Top Performers by Market Cap:

Healthcare

0.08%
265 stocks
Top Performers by Market Cap:

Consumer Defensive

0.00%
322 stocks
Top Performers by Market Cap:

Energy

-0.03%
51 stocks
Top Performers by Market Cap:

Data is updated regularly. Daily performance is calculated based on closing prices.