Nifty, Sensex May Try to Rally a Bit – Wednesday Market Report
Moneylife Digital Team 07 January 2026
On Wednesday, 2080  stocks advanced, 2105 declined and 166 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.98 indicating a negative closing.  The trend of the major indices on Wednesday’s trading is given in the table below.  
 
 
On NSE, 106 securities advanced and closed at a new 52-week high whereas 100 securities sank to close at their new 52-week lows. Nifty IT, Nifty Pharma and Nifty Media were among the biggest gainers. Nifty Auto, Nifty Infrastructure and Nifty PSU Bank were among the biggest losers. 
 
Gland Pharma (+0.89%) received USFDA approval for Olopatadine Hydrochloride Ophthalmic Solution USP, 0.7% (OTC), therapeutically equivalent to Pataday Once Daily Relief 0.7% by Alcon. The product treats ocular itching linked to allergic conjunctivitis, offering once daily dosing convenience and strong demand potential in the US OTC ophthalmic space.
 
Infosys (+1.66%) entered a strategic collaboration with Cognition to deploy and scale Devin, the world’s first AI software engineer, across enterprise environments globally. The partnership combines Infosys’ enterprise-scale delivery with Cognition’s autonomous coding technology, aiming to accelerate AI-led engineering transformation.
 
Amway India enhanced Home Delivery operations, cutting delivery time by 48% to 1.6 days. Next-day deliveries rose from 29% to over 55%, improving customer convenience. Service network expanded from 8,000 to 17,500 pin codes, now covering 90% of India. Upgrades underscore Amway’s commitment to faster, reliable wellness access nationwide.
 
Vedanta (+0.07%) challenged the government’s refusal of a further 10 year extension, which cited financial defaults, profit petroleum short payments, excise duty disputes, and site restoration fund deficiencies. The Delhi High Court has ordered status quo on the Union government’s move to deny Vedanta Limited an extension of its PSC for the CB OS/2 offshore block in Gujarat and transfer operations to ONGC. Justice Amit Sharma’s interim direction restrains any transfer of possession or operational control until adjudication.
 
PTC Industries (-1.38%) secured a prestigious order from ISRO’s Vikram Sarabhai Space Centre (VSSC), reinforcing India’s push for indigenous aerospace and space‑grade materials. The mandate involves converting 40 tonnes of Grade 1 titanium sponge into Ti‑6Al‑4V alloy ingots. Production will use the Double Vacuum Arc Remelting (Double VAR) process, a globally recognised method ensuring stringent quality, purity, and performance standards for critical space applications.
 
CMS Info Systems (+2.55%) secured a ₹1,000 crore, 10 year contract from SBI, marking the first large scale cash outsourcing mandate by a PSU bank in India. The deal covers management of ~5,000 SBI owned ATMs, with end to end services to boost cash efficiency, uptime, and reliability. Scheduled to go live in Jan 2026, the win underscores banks’ shift toward integrated outsourcing models. For CMS, the mandate deepens its long standing SBI relationship, leveraging solutions like ALGO MVS™ and HAWKAI™ for advanced ATM network management.
 
Royal Orchid Hotels (-0.10%) signed Regenta Suites & Residences Jaipur, a 60 key property in Jaipur City Center, under a hotel management agreement. The project, developed by SSBC Group (Madan Lal Yadav), strengthens the group’s asset light growth strategy in Rajasthan. Strategically located near commercial hubs, lifestyle districts, and cultural landmarks, the property will cater to long stay guests, business travellers, and families, offering spacious suites and residences for enhanced comfort.
 
Unimech Aerospace & Manufacturing  (+1.00%) secured a ₹72.20 crore domestic order from NPCIL for specialised support equipment at Tarapur Atomic Power Station Units 3 & 4. The project, disclosed under SEBI Regulation 30, forms part of NPCIL’s capacity enhancement and infrastructure development. Execution will be through staggered deliveries until December 2028.
 
Titan’s consumer business grew 40% y‑o‑y, with 56 new stores (3,433 total). Jewellery up 41% y‑o‑y, supported by festive demand and gold exchange offers. Watches rose 13% y‑o‑y, while smart watches declined 26% y‑o‑y. Eye care grew 16% y‑o‑y despite 17 closures; emerging businesses up 14% y‑o‑y. International sales surged 79% y‑o‑y, domestic up 38%.
 
 
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:
 
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