After opening the day higher, the benchmark indices continued their upward momentum, ended the session in green.

Indian equity markets indices, Sensex and Nifty, settled with marginal gains amid the ongoing earnings season jitters and concerns over the potential India-US trade deal.

At the closing bell, the BSE Sensex  closed higher by 63 points (up 0.1%)

Meanwhile, the NSE Nifty closed 16 points higher (up 0.1%)

M&M, Tech Mahindra, and SBI are among the top gainers today

Sun Pharma, Tata Steel, and Tata Motors, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  25,229, lower by 36 points at the time of writing.

The BSE MidCap index ended 0.1% higher, and the BSE SmallCap index ended 0.2% higher.

Sectoral indices are trading mixed today, with stocks in the IT sector and the service sector witnessing buying. Meanwhile, the stocks in the metal sector and the healthcare sector are witnessing selling pressure.

The rupee is trading at Rs 86.0 against the US$.

Gold prices for the latest contract on MCX are trading 0.2% higher at Rs 97,450 per 10 grams.

Meanwhile, silver prices were trading 0.5% higher at Rs 112,108 per 1 kg.
 

Centrum Capital Raises Funds Via Preferential

In the news from finance sector, shares of Centrum Capital gains 5% after the company's board approved a plan to raise Rs 1.7 billion (bn) by issuing equity shares to select investors through preferential issue.

Up to 5,01,91,537 equity shares with a face value of Rs 1 each will be issued by the company at a premium of Rs 33.38 per share, for a total issue price of Rs 34.38 per share. Subject to shareholder approval, the proposed allocation will be distributed to 55 non-promoter investors.

Centrum Capital is engaged in among the financial services such as Investment banking, wealth management, portfolio management, stock broking, foreign exchange, travel, lending, infrastructure, and real estate advisory services. The company has a pan-India presence.
 

ITC Hotels Q1 Profit Surges 54%

Moving on to the news from FMCG sector, for the first quarter of FY26, ITC Hotels reported a net profit of Rs 1.3 bn, a notable 54% increase over the Rs 0.8 bn in the same quarter the previous year.

In the meantime, the company's operating revenue increased 15.5% year over year to Rs 8.2 bn in Q1 FY26 from Rs 7.1 bn in Q1 FY25.

During the reviewed quarter, ITC Hotels' expenses increased to Rs 6.7 bn. For the same quarter of the prior fiscal year, it had previously reported expenses of Rs 5.9 bn. In the meantime, EPS increased to Rs 0.64 per share.

In the first quarter of FY26, its hotels division brought in Rs 8 bn compared to the Rs 6.9 bn in revenue made during the same time last year, this represents a nearly 16% increase.

After splitting from its parent company, ITC, ITC Hotels made its market debut this year without an initial public offering (IPO). The goal of the demerger, which was announced last year, was to create a distinct listed company for the hotel business to unlock shareholder value. For each 10 ITC shares held as of 6 January 2025, shareholders received one ITC Hotels share.
 

Dixon Tech Shares Jump on Acquisition

Moving on to the news from consumer durable sector, Dixon Technologies share price surged 3.5% to Rs 16,537 after the company announced to purchase a 51% stake in Q Tech India, a producer of camera and fingerprint modules.

With uses in mobile phones, Internet of Things devices, and the automotive sector, the agreement aims to improve collaboration in the manufacturing, promotion, and distribution of camera and fingerprint modules.

The company desire to increase India's electronics ecosystem and provide partners with more value by combining Dixon's manufacturing skills with Q Tech's technological expertise.

Chairman of the Dixon Technologies stated that this acquisition is a major step in Dixon's path to technological excellence and independence.

Q Tech (Singapore) Private Limited and Kunshan Q Technology International Limited, both of which are part of the Q Tech Group, are the parent companies of Q Tech India.

Brigade Enterprise Soars on Hyderabad Expansion

Moving on to the news from real estate, shares of Bridge Enterprise surged 4% after the company announced it has expanded its portfolio in Hyderabad.

BuzzWorks, Brigade Group's managed and flexible office division, expanded its portfolio by adding more than 50,000 square feet of Mindspace Business Park in Hyderabad's HITEC City.

With this launch, its current desk bank gains 1000 seats. According to the filing, it also highlights the brand's expanding reach and dedication to providing first-rate managed workspaces in in-demand business locations.

In 2019, Brigade Group introduced BuzzWorks, a brand of adaptable workspaces. It offers two formats, Ready-to-Occupy offices are for companies looking for high-quality, instant spaces, and Built-to-Suit offices are for companies with specific needs.

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