Avenue Supermarts Gains on Strong Q3 Results; Nifty Metal Rises on Higher Non-Ferrous Prices – Paper by Pocketful

Jan 12, 2026

Lemon Tree Hotels (+1.45%): Shares rose after Warburg Pincus affiliate Coastal Cedar agreed to acquire APG’s 41.09% stake in Fleur Hotels and invest up to ₹960 crore.
NTPC (+0.43%): Shares moved into positive territory after the company signed an agreement to acquire Sinnar Thermal Power Limited for ₹3,800.14 crore, boosting its installed capacity.
Avenue Supermarts (+0.82%): Stock gains as Company reports Q3 EBITDA up 20.2% to ₹1,463 crore, PAT up 18.3% to ₹856 crore, margins improve to 8.1%.
IREDA (+3.58%): Stock jumps as IREDA delivers robust Q3 results with net profit ₹584.9 crore, revenue ₹2,129.9 crore, and loan book up 28% to ₹87,975 crore.

Metal | Nifty Metal (+1.99%): Metal stocks rose, led by Tata Steel, Vedanta & Hindalco, as non-ferrous metals saw higher prices, steel prices increased due to safeguard duty, and Q4 is expected to bring strong demand and better margins.
PSU Bank | Nifty PSU Bank (+0.65%): Index rises today with 9 gainers and 3 losers, supported by attractive valuations, positive market sentiment, and expectations of Q3 recovery in PSU banks.
Media | Nifty Media (-1.55%): Media index is the most sold sector today, with heavy selling in Nazara Tech, PVR Inox & Saregama India, as investors booked profits despite expectations of better quarterly performance.
Realty | Nifty Realty (-1.22%): Index slumps today with 3 pullers and 7 draggers, as housing upcycle faces hurdles, Signatureglobal misses pre-sales guidance, and moderate demand keeps sector under pressure despite mid-segment revival hopes.

Technical Level: Nifty opened with a minor gap down & saw high selling pressure in the morning session, making continuous lower lows, finding support around 25,625, then rebounding with a sharp rally toward resistance near 25,940.
Advance-Decline Ratio: Market breadth showed broad-based selling today with 1,891 stocks declining and 1,247 advancing, indicating weakness across key sectors.
The Big Picture: Amid deadly antigovernment protests in Iran, where over 500 have reportedly died, U.S. President Trump is weighing options-including cyberattacks, sanctions, or targeted strikes-while Tehran warns against foreign interference, raising tensions in the region.
FII/DII Activity (Jan 12, 2026): Market flows saw DIIs buying stocks worth ₹5,596 crore, while FIIs sold ₹3,769 crore, indicating mixed institutional activity in the market today.

IPO Corner: Bharat Coking Coal IPO closes tomorrow, giving investors their last chance to subscribe, while Amagi Media Labs IPO is set to open tomorrow, kicking off its public subscription.
Macro: USA Inflation Rate YoY (Dec) and Fed’s Williams speech are scheduled for release tomorrow, likely to influence market sentiment and trading ahead of key economic updates.
Index Watch: Nifty started with a minor gap down & faced early selling pressure, making continuous lower lows before finding support near 25,500, then reversing after the sell‑off, giving some relief amid heavy global concerns after Trump tariff fears and Venezuela tensions impacted sentiment

Theme: Options Strategies for Traders

Liability: A liability is a financial obligation or debt a person or company owes to others, payable in money, goods, or services, arising from past transactions or events.

👀 Stay tuned. Stay diversified.

Until next time,

Team Pocketful.

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