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flag Indian stock markets faced pressure as key companies like ITC, HDFC Bank, Adani Wilmar, and HUL reported major updates.

flag Indian markets faced selling pressure on January 6, with key stocks like ITC, HDFC Bank, Adani Wilmar, and HUL in focus due to recent developments. flag ITC's demerger of its hotel business became effective, while HDFC Bank saw a decrease in its loan-to-deposit ratio and received RBI approval to acquire stakes in other banks. flag Adani Wilmar reported a 33% revenue rise and plans to expand its FMCG portfolio. flag HUL is in talks to acquire a direct-to-consumer brand. flag Other updates included NTPC’s joint venture, Union Bank’s deposit growth, and Milind Nagnur's resignation from Kotak Mahindra Bank.

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