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Stocks to Watch on January 6, 2025: HDFC Bank, Kotak Mahindra, Dabur India, ONGC and More

Written by: Kusum KumariUpdated on: 6 Jan 2026, 2:38 pm IST
Markets may open higher today. HDFC Bank, Kotak Bank, Dabur, ONGC and others are in focus due to business updates, growth outlooks and key announcements.
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Global markets and GIFT Nifty suggest a positive start for Indian equities. Here are the key updates on stocks making headlines today.

Earlier, the Nifty 50 slipped 0.30% to 26,250, while the Sensex fell 0.38% to close at 85,440.

HDFC Bank

HDFC Bank expects loan growth of 11.9% and deposit growth of 11.5% as of December 31. Loan growth has improved sharply compared to the previous two quarters. Loans rose to ₹28.45 lakh crore, while deposits increased to ₹28.6 lakh crore.

Kotak Mahindra Bank

Kotak Bank’s net advances rose 16% year-on-year to ₹4.80 lakh crore as of December-end. On a quarterly basis, advances grew 3.8%, showing steady credit demand.

Axis Bank

Axis Bank reported a 14.1% YoY rise in gross advances to ₹11.71 lakh crore. Deposits increased 15% YoY to ₹12.61 lakh crore, while CASA deposits stood at ₹4.93 lakh crore.

IndusInd Bank

IndusInd Bank saw a decline in business momentum. Net advances fell 13.1% YoY, while deposits declined 3.8%. The CASA ratio also dropped to 30.3% in Q3.

IDBI Bank

The government’s plan to sell its stake in IDBI Bank may move to the next financial year as evaluation and procedural work is still ongoing, according to reports.

Samvardhana Motherson

Motherson’s arm received approval under the PLI scheme. The company plans to invest ₹1,900 crore over six years and create over 5,000 jobs at its Tamil Nadu facility.

Dabur India

Dabur expects mid-single-digit revenue growth in Q3FY26. However, operating profit and net profit are likely to grow faster than revenue, supported by improving demand conditions.

HDFC AMC

HDFC AMC has entered the private credit space with a new structured credit fund. IFC will invest up to ₹220 crore as an anchor investor in the fund.

Central Bank of India

The bank reported nearly 16% growth in total business for Q3FY26, with deposits rising by about ₹38,000 crore. Final figures are subject to audit review.

Read More: Silver ETFs 2025 Recap: Multiple Funds Deliver Over 100% Returns; UTI Silver ETF, SBI Silver ETF FoF and More!

ONGC

ONGC has partnered with Japan’s Mitsui OSK Lines to form two joint ventures in GIFT City. ONGC will hold a 50% stake in both entities, focused on ethane shipping projects.

Conclusion

With banking stocks showing mixed trends, FMCG players signalling recovery, and PSU majors announcing strategic moves, today’s session could remain stock-specific despite a positive market opening.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jan 6, 2026, 9:08 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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