

Stocks to buy: Raja Venkatraman's top picks for 1 January
Stock market recap: The Indian stock market witnessed healthy cross-segment buying on the last day of 2025, driven by short covering triggered by optimism that the coming year will be better than the current one, due to anticipated earnings growth, a potential India-US trade deal, and the return of foreign investors to the Indian market.The Sensex jumped 546 points, or 0.64%, to close at 85,220.60, with Reliance Industries, Kotak Mahindra Bank, and Axis Bank as the top contributors to the gains. The Nifty 50 settled at 26,129.60, rising 191 points, or 0.74%.
The BSE Midcap index rose by 1%, while the Smallcap index jumped 1.19%.Investors earned nearly ₹4 trillion in a single session as the overall market capitalisation of BSE-listed firms rose to nearly ₹476 trillion from ₹472 trillion in the previous session.ICICIPRULI: Buy above ₹670, stop ₹650 target ₹715 (Multiday)360ONE: Buy above ₹1195, stop ₹1155 target ₹1265 (Multiday)ADANIENSOL: Buy above ₹1030, stop ₹1008 target ₹1065 (Intraday)On 31 December, Indian equity benchmark indices staged a sharp rebound, breaking their recent losing streaks as renewed buying interest in metal stocks lifted sentiment. The Sensex surged 668 points, or 0.79%, to close at 85,343.12, while the Nifty advanced 219 points, or 0.85%, to 26,158.20 after four sessions of decline.
Gains were led by JSW Steel, Tata Steel and Titan Co., which rallied up to 5%, whereas Tata Consultancy Services and Bajaj Finance slipped nearly 1%.Market breadth was firmly positive, with 2,598 shares advancing against 1,216 declines. Volatility cooled as India VIX dropped over 3 percent to 9.37, signalling reduced investor anxiety and improved risk appetite.Bargain hunting after the recent correction supported value
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