The Indian stock market is seen trading with a decline in the first trading session of the week. Despite the spectacular rise in the US market on Friday, the Asian markets were trading mixed today. But, on the domestic front, the market opened flat after the quarterly results of many companies. After this, selling pressure was seen once again. HDFC Bank, RIL, Kotak Mahindra Bank and M&M exerted the most pressure on Nifty-Sensex on Monday. ITC is also putting pressure on the major index amid the record date of demerger.

However, after the quarterly update, Titan, Bajaj Finance, ICICI Bank are seeing a rise. Volatility index India VIX is seeing a jump of 10%.

Will the Indian market benefit from the sell-off in China?
Amid the slowdown in the economy and the weakness of the rupee against the dollar, there is concern about the return of foreign institutional investors to the Indian market. However, amid all this, the sell-off in the Chinese markets has raised a hope. Earlier, after the rise in China, FIIs showed confidence in the markets there instead of the Indian market. Bloomberg has quoted experts in a report that even after the high valuation, fund managers can bet on India. Amid concerns about economic recovery in China, the Indian market will be a more reliable option for fund managers. Which stocks are expected to rise? In the last quarter, the results had indicated a slowdown in urban demand and its pressure was also seen on consumer stocks. But, now the boom is seen returning in these stocks. Analysts see hope in the turnaround in Jubilant Food's pizza business and DMart's strong quarterly update. Its effect is also being seen on stocks like Sapphire Foods, HUL, Bata India and SBI Card. The current uptrend in these stocks is expected to continue amid the return of rural consumption and the expectation of tax cuts in the budget. Auto stocks have seen the most action in the new year. Nifty Auto saw the biggest rise last week after September. The sector outlook looks even stronger after the auto sales data for the month of December. But, on the technical chart, Nifty Auto is struggling to cross the 200-day moving average. The index has not yet crossed this level after slipping below the 200-DEMA in the first week of November 2024.