Indian equity markets are poised for an active trading session on Thursday, January 2, 2026, with several key stocks expected to see significant movement. Investor focus will be on a major corporate action in the commodities exchange space, strategic moves in the automobile sector, and robust operational updates from state-owned and new-age companies.
MCX Announces Stock Split and Bonus Shares
The Multi Commodity Exchange of India (MCX) has captured the market's attention with a dual announcement aimed at enhancing liquidity and shareholder value. The company's board has approved a stock split in a 1:5 ratio. This means each existing equity share with a face value of Rs 10 will be subdivided into five shares with a face value of Rs 2 each.
In a parallel move to reward its investors, MCX has also declared a bonus issue in the ratio of 1:1. Shareholders will receive one bonus share for every existing share held. These corporate actions are subject to approval from shareholders and relevant regulatory bodies. The news is anticipated to generate strong trading interest in the MCX counter, potentially improving its accessibility to retail investors.
Automobile Sector in the Spotlight
The auto sector remains a hotbed of activity. Hero MotoCorp, the two-wheeler giant, is set to unveil its latest product offerings today. Market participants will closely analyze the details of the new launches for their potential to capture market share and drive future revenue growth. The announcements could trigger volatility in the stock as investors assess their impact.
On the electric vehicle front, Ola Electric continues to make headlines. The company reported a staggering year-on-year sales growth of 115% for December 2025. This impressive performance underscores the accelerating adoption of electric scooters in India and solidifies Ola Electric's dominant position in the segment. The stock is likely to react positively to this robust operational update.
Coal India and Other Stocks Under Scanner
Coal India Limited, the maharatna PSU, is also on the radar following its production report. The company achieved a 7.4% year-on-year increase in coal production for December 2025. This consistent growth in output is critical for meeting the country's energy demands and will be a key metric for investors tracking the energy and mining sector.
Beyond these major names, several other stocks are expected to be in focus due to company-specific developments and broader sectoral trends. Investors are advised to monitor official exchanges for any regulatory filings and announcements that may influence trading patterns throughout the session.
The confluence of a major stock split, aggressive growth in the EV space, new product launches in autos, and strong production data from a PSU behemoth sets the stage for a dynamic trading day. Market sentiment will hinge on both these individual stories and overarching macroeconomic cues.