< -5%

Synthiko Foils

MMP Industries

Sampat Aluminiu

-5% to -3%

Sharvaya Metals

Hardwyn

Sacheta Metals

Baheti

PG Foils

Euro Panel

Century Extr

Maan Aluminium

NALCO

-3% to 0%

Galada Telecom

Golkonda Alum

GSM Foils

Arfin India

Sudal Ind

ALUWIND INFRA

ANB Metal Cast

Jainik Power

Nirav Comm

Maitri

0% to 3%

Hind Aluminium

3% to 5%

Manaksia Alumin

HDFC Bank shares fell over 2 percent after Q3 FY26 business update release, Union Bank of India shares hit 52-week high, gaining more than 4 percent, Axis, ICICI, SBI, and AU Small Finance Bank shares rose over 1 percent each

* HDFC Bank shares fell over 2 percent after Q3 FY26 business update release
* Union Bank of India shares hit 52-week high, gaining more than 4 percent
* Axis, ICICI, SBI, and AU Small Finance Bank shares rose over 1 percent each

HDFC Bank shares fell over 2% after Q3 FY26 updates, despite a 9% YoY rise in advances and 12.2% growth in deposits. Union Bank of India hit a 52-week high with over 4% gain. Other major banks saw mixed movements on January 5.

shorts/business/hdfc-bank-shares-fall-2-after-q3-business-update-union-bank-jumps-4-to-fresh-52-week-high

* HDFC Bank shares fell over 2 percent after Q3 FY26 business update release
* Union Bank of India shares hit 52-week high, gaining more than 4 percent
* Axis, ICICI, SBI, and AU Small Finance Bank shares rose over 1 percent each

The shares of HDFC Bank dropped more than 2 percent on January 5 after the company released provisional updates for the third quarter of the ongoing financial year 2026. Union Bank of India and other lender stocks meanwhile gained sharply.

HDFC Bank shares fell to Rs 981.05 apiece, emerging as the top loser on the benchmark indices Sensex and Nifty. Union Bank of India shares meanwhile gained more than 4 percent to a fresh 52-week high of Rs 162.99 apiece.

The Nifty Bank index was up marginally at 60,246.55, as seen at 12.30 pm.
<h3><strong>HDFC Bank Q3 business update:</strong></h3>
<a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/hdfcbank/HDF01">HDFC Bank</a> on January 5 reported a 9 percent YoY rise in average advances under management (advances grossing up for inter-bank participation certificates, bills rediscounted and securitisation/assignment) to Rs 28.64 lakh crore in Q3 FY26, from Rs 26.28 lakh crore in Q3 FY25.

The lender's period end advances under management meanwhile rose 9.8 percent YoY to Rs 29.46 lakh crore at the end of the quarter, while gross advances jumped 11.9 percent YoY to Rs 25.43 crore.

HDFC Bank’s average deposits rose 12.2 percent to Rs 27.52 lakh crore, while CASA deposits gained 9.9 percent YoY to Rs 8.18 lakh crore during the quarter.
<h3><strong>Union Bank of India Q3 business update:</strong></h3>
<a href="https://www.moneycontrol.com/india/stockpricequote/banks-public-sector/unionbankindia/UBI01">Union Bank of India </a>released its provisional Q3 business updates in the post market hours of January 2. The company’s total gross advances grew 7.13 percent YoY to Rs 10.17 lakh crore, while deposits rose 3.36 percent YoY to Rs 12.23 lakh crore.

The lender’s domestic CASA Deposits grew 5 percent YoY to Rs 4.15 lakh crore.
<h3><strong>Other bank stocks:</strong></h3>
Federal Bank shares fell 2 percent, while IDFC First Bank and <a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/kotakmahindrabank/KMB">Kotak Mahindra Bank</a> shares were trading in the red with marginal losses.

<a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/axisbank/AB16">Axis Bank</a>, ICICI Bank, State Bank of India (SBI) and AU Small Finance Bank shares rose more than 1 percent each, while Bank of Baroda, Yes Bank, Punjab National Bank (PNB), <a href="https://www.moneycontrol.com/india/stockpricequote/banks-private-sector/indusindbank/IIB">IndusInd Bank</a> and Canara Bank shares gained nearly 1 percent each.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-strong-start-us-asian-markets-gain-liveblog-13755960.html">LIVE updates</a> from the stock markets here.

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MCD is a wholly owned subsidiary of Network 18 Media & Investments Ltd ("Network18"), in which Independent Media Trust (IMT) holds 56.89% stake. Reliance Industries Limited ("RIL") is the sole beneficiary of IMT. Network18 and RIL and their subsidiaries, joint ventures and associates can be considered as associates of MCD.

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HDFC Bank shares fall 2% after Q3 business update; Union Bank jumps 4% to fresh 52-week high

The shares of HDFC Bank dropped more than 2 percent on January 5 after the company released provisional updates for the third quarter of the ongoing financial year 2026. Union Bank of India and other lender stocks meanwhile gained sharply.

HDFC Bank shares fell to Rs 981.05 apiece, emerging as the top loser on the benchmark indices Sensex and Nifty. Union Bank of India shares meanwhile gained more than 4 percent to a fresh 52-week high of Rs 162.99 apiece.

The Nifty Bank index was up marginally at 60,246.55, as seen at 12.30 pm.
HDFC Bank Q3 business update:
HDFC Bank on January 5 reported a 9 percent YoY rise in average advances under management (advances grossing up for inter-bank participation certificates, bills rediscounted and securitisation/assignment) to Rs 28.64 lakh crore in Q3 FY26, from Rs 26.28 lakh crore in Q3 FY25.

The lender's period end advances under management meanwhile rose 9.8 percent YoY to Rs 29.46 lakh crore at the end of the quarter, while gross advances jumped 11.9 percent YoY to Rs 25.43 crore.

HDFC Bank’s average deposits rose 12.2 percent to Rs 27.52 lakh crore, while CASA deposits gained 9.9 percent YoY to Rs 8.18 lakh crore during the quarter.
Union Bank of India Q3 business update:
Union Bank of India released its provisional Q3 business updates in the post market hours of January 2. The company’s total gross advances grew 7.13 percent YoY to Rs 10.17 lakh crore, while deposits rose 3.36 percent YoY to Rs 12.23 lakh crore.

The lender’s domestic CASA Deposits grew 5 percent YoY to Rs 4.15 lakh crore.
Other bank stocks:
Federal Bank shares fell 2 percent, while IDFC First Bank and Kotak Mahindra Bank shares were trading in the red with marginal losses.

Axis Bank, ICICI Bank, State Bank of India (SBI) and AU Small Finance Bank shares rose more than 1 percent each, while Bank of Baroda, Yes Bank, Punjab National Bank (PNB), IndusInd Bank and Canara Bank shares gained nearly 1 percent each.

Follow all LIVE updates from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Premier and Waaree Energies shares dropped up to 9% after F&O inclusion., Bernstein kept 'Underperform' ratings and downside targets for both stocks., Premier Energies fell 12% in a month, Waaree Energies down 13% since listing.

* Premier and Waaree Energies shares dropped up to 9% after F&O inclusion.
* Bernstein kept 'Underperform' ratings and downside targets for both stocks.
* Premier Energies fell 12% in a month, Waaree Energies down 13% since listing.

Premier Energies and Waaree Energies shares fell up to 9% since their inclusion in the F&O segment on Dec 31. Bernstein maintained an 'Underperform' rating on both, citing further downside potential. Both stocks have seen significant declines since listing.

shorts/business/premier-waaree-energies-shares-fall-up-to-7-down-up-to-9-since-f-o-inclusion

* Premier and Waaree Energies shares dropped up to 9% after F&O inclusion.
* Bernstein kept 'Underperform' ratings and downside targets for both stocks.
* Premier Energies fell 12% in a month, Waaree Energies down 13% since listing.

The shares of Premier Energies and Waaree Energies dropped in trade on January 5. The stocks have fallen up to 9 percent since their inclusion into the futures and options (F&amp;O) segment.

<a href="https://www.moneycontrol.com/india/stockpricequote/electric-equipment/premierenergies/PEL06">Premier Energies</a> shares fell 7.5 percent to trade at Rs 782.40 apiece on Monday, while <a href="https://www.moneycontrol.com/india/stockpricequote/electric-equipment/waareeenergies/WEL01">Waaree Energies</a> shares fell nearly 5 percent to Rs 2,723 apiece. The two stocks have fallen 8 percent and 9 percent respectively since December 31, the day they were included in the F&amp;O segment.
<h3><strong>F&amp;O inclusion:</strong></h3>
Earlier last month, NSE announced the <a href="https://www.moneycontrol.com/news/business/markets/bajaj-holdings-swiggy-among-4-to-join-f-o-list-from-december-31st-13733005.html">introduction of futures and options (F&amp;O) contracts</a> on four individual securities, effective December 31, 2025.

The new additions to the derivatives segment are Bajaj Holdings and Investment, Premier Energies, <a href="https://www.moneycontrol.com/india/stockpricequote/online-services/swiggy/SL24">Swiggy</a>, and Waaree Energies. Inclusion of stocks in F&amp;O is believed to boost their liquidity, visibility, and trading opportunities, allowing investors to hedge portfolios.

HFCL, NCC, Cyient and Titagarh Rail Systems were meanwhile removed from the segment.
<h3><strong>Buy, sell or hold?</strong></h3>
Bernstein on Monday maintained its 'Underperform' rating on both Premier and Waaree Energies. The international brokerage has a target price of Rs 718 apiece for Premier Energies, implying a downside potential of more than 15 percent from the stock’s previous closing price.

For Waaree Energies, Bernstein kept a target price of Rs 2,109 apiece, implying a downside potential of more than 26 percent from the stock’s previous closing price. The stock is down around 13 percent since listing.

Premier Energies shares have fallen 12 percent in the past one month, and over 23 percent in the past six months. The stock has fallen more than 27 percent since listing.

Waaree Energies shares fell over 7 percent in the past five days, and over 6 percent in the past six months.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-strong-start-us-asian-markets-gain-liveblog-13755960.html">LIVE updates</a> from the stock markets here.

<em>Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.</em>

Premier, Waaree Energies shares fall up to 7%, down up to 9% since F&O inclusion

Premier, Waaree Energies shares tumble up to 7%, down up to 9% since F&O inclusion

The shares of Premier Energies and Waaree Energies dropped in trade on January 5. The stocks have fallen up to 9 percent since their inclusion into the futures and options (F&amp;amp;O) segment.

Premier Energies shares fell 7.5 percent to trade at Rs 782.40 apiece on Monday, while Waaree Energies shares fell nearly 5 percent to Rs 2,723 apiece. The two stocks have fallen 8 percent and 9 percent respectively since December 31, the day they were included in the F&amp;amp;O segment.
F&amp;amp;O inclusion:
Earlier last month, NSE announced the introduction of futures and options (F&amp;amp;O) contracts on four individual securities, effective December 31, 2025.

The new additions to the derivatives segment are Bajaj Holdings and Investment, Premier Energies, Swiggy, and Waaree Energies. Inclusion of stocks in F&amp;amp;O is believed to boost their liquidity, visibility, and trading opportunities, allowing investors to hedge portfolios.

HFCL, NCC, Cyient and Titagarh Rail Systems were meanwhile removed from the segment.
Buy, sell or hold?
Bernstein on Monday maintained its 'Underperform' rating on both Premier and Waaree Energies. The international brokerage has a target price of Rs 718 apiece for Premier Energies, implying a downside potential of more than 15 percent from the stock’s previous closing price.

For Waaree Energies, Bernstein kept a target price of Rs 2,109 apiece, implying a downside potential of more than 26 percent from the stock’s previous closing price. The stock is down around 13 percent since listing.

Premier Energies shares have fallen 12 percent in the past one month, and over 23 percent in the past six months. The stock has fallen more than 27 percent since listing.

Waaree Energies shares fell over 7 percent in the past five days, and over 6 percent in the past six months.

Follow all LIVE updates from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Premier, Waaree Energies shares fall up to 7%, down up to 9% since F&amp;O inclusion

Indian IT stocks dropped after CLSA's cautious note before Q3 FY26 earnings., CLSA downgraded HCLTech and Tech Mahindra, citing limited near-term upside, Infosys, HCLTech, and Wipro shares dropped over 2 percent each

* Indian IT stocks dropped after CLSA's cautious note before Q3 FY26 earnings.
* CLSA downgraded HCLTech and Tech Mahindra, citing limited near-term upside
* Infosys, HCLTech, and Wipro shares dropped over 2 percent each

Indian IT stocks fell on January 5 after CLSA advised reducing positions due to expected weak Q3 FY26 earnings. Nifty IT index dropped over 1.6%. CLSA downgraded HCLTech and Tech Mahindra, but still favors Persistent Systems, Coforge, Infosys, and Tech Mahindra.

shorts/business/infosys-hcltech-shares-fall-2-as-clsa-says-trim-your-positions-expects-soft-q3-earnings-for-it-sector

* Indian IT stocks dropped after CLSA's cautious note before Q3 FY26 earnings.
* CLSA downgraded HCLTech and Tech Mahindra, citing limited near-term upside
* Infosys, HCLTech, and Wipro shares dropped over 2 percent each

The shares of Indian IT companies dropped in trade on January 5 after CLSA issued a cautious note, advising investors to reduce their positions as the upcoming Q3 FY26 earnings are expected to be soft.

The sharp rise in the share prices pushed the <a href="https://www.moneycontrol.com/indian-indices/nifty-it-19.html">Nifty IT index</a> down more than 1.6 percent to 37,698.95, as seen at 11 am on Monday.
<h3><strong>Here's what CLSA said:</strong></h3>
CLSA in its latest note said that the Nifty IT index has recently outperformed the broader Nifty index, pushing the valuations closer to fair levels and limiting near-term upside, CNBC-TV18 reported.

The international brokerage has downgraded <a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/hcltechnologies/HCL02">HCLTech</a> shares to 'Hold' from ‘Outperform’, and cut its rating for Tech Mahindra to 'Outperform' from 'High Conviction Outperform'.

CLSA has also removed <a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/techmahindra/TM4">Tech Mahindra</a> from its ‘Focus List’, noting down concerns over the firm’s revenue growth recovery over the past 18 months not being at par with its own estimates or Street expectations.

It added that HCL Technologies is currently trading at around a 5 percent valuation premium, in comparison with peers like TCS and Infosys.

CLSA continues to favour <a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/persistentsystems/PS15">Persistent Systems</a> and <a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/coforge/NII02">Coforge</a> among mid-cap IT stocks, while <a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/infosys/IT">Infosys</a> and Tech Mahindra remain its preferred picks in the large-cap space.
<h3><strong>IT stocks today:</strong></h3>
Infosys, HCLTech and <a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/wipro/W">Wipro</a> shares fell more than 2 percent each, while Persistent Systems shares were down around 2 percent. Tech Mahindra and Tata Consultancy Services (<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/tataconsultancyservices/TCS">TCS</a>) shares fell more than 1 percent each, while Mphasis and Coforge shares were trading in the red with marginal losses.

<a href="https://www.moneycontrol.com/india/stockpricequote/computers-software/ltimindtree/LI12">LTIMindtree </a>shares bucked the trend to trade in the green with marginal gains.

<em>Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.</em>

Infosys, HCLTech shares fall 2% as CLSA says 'trim your positions', expects soft Q3 earnings for IT sector

IT Stocks: Infosys, HCLTech shares fall 2% as CLSA says 'trim your positions', expects soft Q3 earnings for IT sector

The shares of Indian IT companies dropped in trade on January 5 after CLSA issued a cautious note, advising investors to reduce their positions as the upcoming Q3 FY26 earnings are expected to be soft.

The sharp rise in the share prices pushed the Nifty IT index down more than 1.6 percent to 37,698.95, as seen at 11 am on Monday.
Here's what CLSA said:
CLSA in its latest note said that the Nifty IT index has recently outperformed the broader Nifty index, pushing the valuations closer to fair levels and limiting near-term upside, CNBC-TV18 reported.

The international brokerage has downgraded HCLTech shares to 'Hold' from ‘Outperform’, and cut its rating for Tech Mahindra to 'Outperform' from 'High Conviction Outperform'.

CLSA has also removed Tech Mahindra from its ‘Focus List’, noting down concerns over the firm’s revenue growth recovery over the past 18 months not being at par with its own estimates or Street expectations.

It added that HCL Technologies is currently trading at around a 5 percent valuation premium, in comparison with peers like TCS and Infosys.

CLSA continues to favour Persistent Systems and Coforge among mid-cap IT stocks, while Infosys and Tech Mahindra remain its preferred picks in the large-cap space.
IT stocks today:
Infosys, HCLTech and Wipro shares fell more than 2 percent each, while Persistent Systems shares were down around 2 percent. Tech Mahindra and Tata Consultancy Services (TCS) shares fell more than 1 percent each, while Mphasis and Coforge shares were trading in the red with marginal losses.

LTIMindtree shares bucked the trend to trade in the green with marginal gains.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Oil-linked stocks like ONGC and Reliance rose after US raided Venezuela, Reliance hit a 52-week high, market cap nears Rs 22 lakh crore, US takeover of Venezuela may impact global oil prices and supply

* Oil-linked stocks like ONGC and Reliance rose after US raided Venezuela
* Reliance hit a 52-week high, market cap nears Rs 22 lakh crore
* US takeover of Venezuela may impact global oil prices and supply

Shares of oil-linked firms like ONGC and Reliance rose after the US raided Venezuela and captured President Maduro, raising oil price concerns. Analysts say Reliance may benefit from cheaper crude, while ONGC could receive unpaid dividends from Venezuela.

shorts/business/ril-shares-hit-record-high-ongc-jumps-2-after-us-raids-venezuela-here-s-what-analysts-say

* Oil-linked stocks like ONGC and Reliance rose after US raided Venezuela
* Reliance hit a 52-week high, market cap nears Rs 22 lakh crore
* US takeover of Venezuela may impact global oil prices and supply

Shares of oil-linked companies rose on January 5 after the US raided Venezuela, abducting its President Nicolás Maduro and his wife. Analysts said these stocks may benefit from rising tensions.

Oil &amp; Natural Gas Corporation (<a href="https://www.moneycontrol.com/india/stockpricequote/oil-drillingexploration/oilnaturalgascorporation/ONG">ONGC</a>) shares jumped 2 percent in the early trading hours of Monday, rising to Rs 246.80 apiece to emerge as the top Nifty 50 gainers today. Reliance Industries (<a href="https://www.moneycontrol.com/india/stockpricequote/refineries/relianceindustries/RI">RIL</a>) shares meanwhile rose more than 1 percent to hit a fresh 52-week high of Rs 1,611.8 apiece.

The rise in Reliance Industries' stock has pushed the market value of India’s most valuable company closer to the Rs 22 lakh crore mark.
<h3><strong>US raids Venezuela:</strong></h3>
The US carried out operation ‘Absolute Resolve’, carrying out airstrikes on targets across Venezuela and capturing its President and First Lady. This came after months of mounting military and economic pressure.

"We are going to run the country," US President Donald Trump said, adding that he did not want the Maduro system to continue under a replacement leader. He repeated the framing of an interim US-led handover, "We are going to run the country until such time that we can do a safe, proper and judicious transition."

“We are going to run the country right… It’s going to make a lot of money. They stole our oil,” Trump said, adding, “We’ll be selling large amounts of oil to other countries.”
<h3><strong>Oil prices:</strong></h3>
Oil prices inched up on Monday as investors weighed whether political upheaval in OPEC member Venezuela would disrupt shipments after US President Donald Trump seized Venezuelan President Nicolas Maduro, in a well-supplied market.

However, some analysts expect the development to lower oil prices. Jefferies said that the potential US takeover could lift sanctions on Venezuelan crude exports.

Reliance Industries may source crude at $5–8/bbl discount to Brent, boosting gross revenue margins, Jefferies added. It further said that ONGC could receive around $500 million in unpaid dividends from San Cristobal Field.

Listing out the medium-term risk, Jefferies said that revived Venezuelan output may pressure global crude prices.

Follow all <a href="https://www.moneycontrol.com/">LIVE updates</a> from the stock markets here.

<em>Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.</em>

<em>Disclaimer: Moneycontrol is part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.</em>

RIL shares hit record high, ONGC jumps 2% after US raids Venezuela: Here's what analysts say

RIL share price hit record high, ONGC jumps 2% after US raids Venezuela: Here's what analysts say

Shares of oil-linked companies rose on January 5 after the US raided Venezuela, abducting its President Nicolás Maduro and his wife. Analysts said these stocks may benefit from rising tensions.

Oil &amp;amp; Natural Gas Corporation (ONGC) shares jumped 2 percent in the early trading hours of Monday, rising to Rs 246.80 apiece to emerge as the top Nifty 50 gainers today. Reliance Industries (RIL) shares meanwhile rose more than 1 percent to hit a fresh 52-week high of Rs 1,611.8 apiece.

The rise in Reliance Industries' stock has pushed the market value of India’s most valuable company closer to the Rs 22 lakh crore mark.
US raids Venezuela:
The US carried out operation ‘Absolute Resolve’, carrying out airstrikes on targets across Venezuela and capturing its President and First Lady. This came after months of mounting military and economic pressure.

&quot;We are going to run the country,&quot; US President Donald Trump said, adding that he did not want the Maduro system to continue under a replacement leader. He repeated the framing of an interim US-led handover, &quot;We are going to run the country until such time that we can do a safe, proper and judicious transition.&quot;

“We are going to run the country right… It’s going to make a lot of money. They stole our oil,” Trump said, adding, “We’ll be selling large amounts of oil to other countries.”
Oil prices:
Oil prices inched up on Monday as investors weighed whether political upheaval in OPEC member Venezuela would disrupt shipments after US President Donald Trump seized Venezuelan President Nicolas Maduro, in a well-supplied market.

However, some analysts expect the development to lower oil prices. Jefferies said that the potential US takeover could lift sanctions on Venezuelan crude exports.

Reliance Industries may source crude at $5–8/bbl discount to Brent, boosting gross revenue margins, Jefferies added. It further said that ONGC could receive around $500 million in unpaid dividends from San Cristobal Field.

Listing out the medium-term risk, Jefferies said that revived Venezuelan output may pressure global crude prices.

Follow all LIVE updates from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Disclaimer: Moneycontrol is part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Defense stocks surged after US raided Venezuela, capturing its President and First Lady., Nifty India Defence index rose nearly 2 percent to its highest in over a month, BEL, HAL, and Paras Defence shares rose significantly.

* Defense stocks surged after US raided Venezuela, capturing its President and First Lady.
* Nifty India Defence index rose nearly 2 percent to its highest in over a month
* BEL, HAL, and Paras Defence shares rose significantly.

Indian defence stocks surged, pushing the Nifty India Defence index up nearly 2%, after the US raided Venezuela and captured President Nicolás Maduro. Shares of BEL, Mtar Technologies, Paras Defence, and others saw significant gains amid rising geopolitical tensions.

shorts/business/defence-stocks-soar-after-us-raids-venezuela-bel-paras-defence-hal-jumps-up-to-5

* Defense stocks surged after US raided Venezuela, capturing its President and First Lady.
* Nifty India Defence index rose nearly 2 percent to its highest in over a month
* BEL, HAL, and Paras Defence shares rose significantly.

The shares of defence companies jumped in trade on January 5 amid heightened geopolitical tensions after US raided Venezuela, abducting its President Nicolás Maduro and his wife.

The sharp rise in the share prices pushed the <a href="https://www.moneycontrol.com/indian-indices/nifty-india-defence-139.html">Nifty India Defence</a> index up nearly 2 percent to 7,931.35, as seen at 10 am. This is the highest level seen by the index in more than a month.
<h3><strong>US raids Venezuela:</strong></h3>
The United States carried out operation 'Absolute Resolve', carrying out airstrikes on targets across Venezuela and capturing its President and First Lady. This came after months of mounting military and economic pressure.

US President Donald Trump said, "We are going to run the country," adding that he did not want the Maduro system to continue under a replacement leader. He repeated the framing of an interim US-led handover, "We are going to run the country until such time that we can do a safe, proper and judicious transition."

“We are going to run the country right… It’s going to make a lot of money. They stole our oil,” Trump said, adding, “We’ll be selling large amounts of oil to other countries.”
<h3><strong>Defence stocks:</strong></h3>
Defence stocks jumped possibly due to expectations of sustained tensions after the development. Mtar Technologies shares jumped more than 5 percent to trade at Rs 2,497 apiece. <a href="https://www.moneycontrol.com/india/stockpricequote/defence/parasdefencespacetechnologies/PDS01">Paras Defence</a> shares followed, rising more than 3 percent each.

<a href="https://www.moneycontrol.com/india/stockpricequote/aerospacedefence/bharatelectronics/BE03">Bharat Electronics</a> (BEL) shares gained nearly 3 percent, emerging as the top gainer on Indian benchmark indices Sensex and Nifty 50. BEML, Astra Microwave Products, <a href="https://www.moneycontrol.com/india/stockpricequote/aerospacedefence/hindustanaeronautics/HAL">Hindustan Aeronautics</a> (HAL), <a href="https://www.moneycontrol.com/india/stockpricequote/aerospacedefence/bharatdynamics/BDL01">Bharat Dynamics</a> (BDL), Data Patterns India and Solar Industries shares rose more than 2 percent each.

<a href="https://www.moneycontrol.com/india/stockpricequote/ship-building/cochinshipyard/CS">Cochin Shipyard</a> and Garden Reach Shipbuilders &amp; Engineers (GRSE) shares gained around 2 percent each, while Zen Technologies and Mazagon Dock Shipbuilders gained over 1 percent each.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-strong-start-us-asian-markets-gain-liveblog-13755960.html">LIVE updates</a> from the stock markets here.

<em>Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.</em>

Defence stocks soar after US raids Venezuela; BEL, Paras Defence, HAL jumps up to 5%

The shares of defence companies jumped in trade on January 5 amid heightened geopolitical tensions after US raided Venezuela, abducting its President Nicolás Maduro and his wife.

The sharp rise in the share prices pushed the Nifty India Defence index up nearly 2 percent to 7,931.35, as seen at 10 am. This is the highest level seen by the index in more than a month.
US raids Venezuela:
The United States carried out operation 'Absolute Resolve', carrying out airstrikes on targets across Venezuela and capturing its President and First Lady. This came after months of mounting military and economic pressure.

US President Donald Trump said, &quot;We are going to run the country,&quot; adding that he did not want the Maduro system to continue under a replacement leader. He repeated the framing of an interim US-led handover, &quot;We are going to run the country until such time that we can do a safe, proper and judicious transition.&quot;

“We are going to run the country right… It’s going to make a lot of money. They stole our oil,” Trump said, adding, “We’ll be selling large amounts of oil to other countries.”
Defence stocks:
Defence stocks jumped possibly due to expectations of sustained tensions after the development. Mtar Technologies shares jumped more than 5 percent to trade at Rs 2,497 apiece. Paras Defence shares followed, rising more than 3 percent each.

Bharat Electronics (BEL) shares gained nearly 3 percent, emerging as the top gainer on Indian benchmark indices Sensex and Nifty 50. BEML, Astra Microwave Products, Hindustan Aeronautics (HAL), Bharat Dynamics (BDL), Data Patterns India and Solar Industries shares rose more than 2 percent each.

Cochin Shipyard and Garden Reach Shipbuilders &amp;amp; Engineers (GRSE) shares gained around 2 percent each, while Zen Technologies and Mazagon Dock Shipbuilders gained over 1 percent each.

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Aluminium & Aluminium Products Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Aluminium & Aluminium Products industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q3 FY25-26

Stock News

HDFC Bank shares fall 2% after Q3 business update; Union Bank jumps 4% to fresh 52-week high

Premier, Waaree Energies shares fall up to 7%, down up to 9% since F&amp;O inclusion

Infosys, HCLTech shares fall 2% as CLSA says 'trim your positions', expects soft Q3 earnings for IT sector

RIL shares hit record high, ONGC jumps 2% after US raids Venezuela: Here's what analysts say

Defence stocks soar after US raids Venezuela; BEL, Paras Defence, HAL jumps up to 5%

Aluminium & Aluminium Products Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Aluminium & Aluminium Products industry stocks.

Premier, Waaree Energies shares fall up to 7%, down up to 9% since F&O inclusion