Indian shares are poised for a modest opening higher on Thursday, buoyed by a positive close to 2025. The Union cabinet’s decision to freeze Vodafone Idea’s adjusted gross revenue dues at ₹87,695 crore, with a 10-year payment plan starting in 2031-32, could provide some stability in the telecom sector. Additionally, monthly vehicle sales data and quarterly updates from HUDCO and IREDA will likely influence trading dynamics throughout the session.
The benchmark indexes, Sensex and Nifty, rose approximately 0.6% and 0.7% respectively in the last trading session of 2025, driven by a rally in metal stocks following the government’s announcement of a safeguard duty on select steel imports. Despite foreign institutional investors being net sellers, domestic institutional investors showed strong buying interest, contributing to a nearly 10% gain in the Nifty50 over the year.
As we enter the new year, market professionals should watch for the impact of these developments on sector performance and investor sentiment, particularly in the telecom and automotive sectors.
Source: nasdaq.com