{"id":6210,"date":"2026-01-05T06:04:07","date_gmt":"2026-01-05T06:04:07","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=6210"},"modified":"2026-01-05T06:05:19","modified_gmt":"2026-01-05T06:05:19","slug":"asian-paints-axis-bank-advance-in-early-trade-nifty-slips-60-points","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/asian-paints-axis-bank-advance-in-early-trade-nifty-slips-60-points\/","title":{"rendered":"Asian Paints, Axis Bank Advance in Early Trade; Nifty Slips 60 Points"},"content":{"rendered":"

The Indian stock market began the first full week of the year with a slight dip. On Jan 5, 2026, the main market indices opened low as investors reacted to global news and geopolitical tensions. Despite this slow start for the overall market, shares of Asian Paints and Axis Bank showed strength by gaining value in early morning trades.<\/span><\/p>\n

Market Opens Low Despite Select Stock Gains<\/b><\/h2>\n

Indian equity benchmarks started the session in the red. The Nifty 50 was trading at 26,267.55, down 61.00 points or 0.23 percent, as of 9:36 AM IST on Jan 5, 2026. The BSE Sensex was at 85,534.96, declining 227.05 points or 0.26 percent, as of 9:34 AM IST.<\/span><\/p>\n

Despite the decline in headline indices, buying interest was visible in select heavyweight stocks. Asian Paints and Axis Bank moved higher in early trade, helping limit deeper losses on the Nifty 50. This trend highlighted a stock specific approach by investors amid uncertain global cues.<\/span><\/p>\n

(<\/span><\/i>Source:<\/i><\/b> NSE<\/span><\/i><\/a>, BSE)<\/span><\/i><\/span><\/p>\n

Rupee Opens Flat Against the Dollar<\/b><\/h2>\n

In the currency market, the Indian rupee opened flat at \u20b990.19 per US dollar, unchanged from Friday\u2019s close. The stable opening reflected a balance between global risk aversion and steady capital flows. Market participants remained cautious, keeping a close watch on global developments and crude oil price movements.<\/span><\/p>\n

(<\/span><\/i>Source:<\/i><\/b> Moneycontrol)<\/span><\/i><\/span><\/p>\n

Crude Oil Trades Sideways Amid Venezuela Unrest<\/b><\/h2>\n

Crude oil prices traded in a narrow range on Monday, even as political turmoil in Venezuela drew global attention. Investors assessed whether supply disruptions could emerge after US President Donald Trump seized Venezuelan President Nicolas Maduro. However, concerns were tempered by a well supplied global oil market.<\/span><\/p>\n