Avantel Share Price | Ministry of Defence has awarded a contract of for CAMC of satcom equipment’s.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 317 crore on December 26, while Domestic Institutional Investors (DIIs) bought equities of Rs 1772 crore, on same day.
As we transition into 2026, market direction will be shaped by three key factors: currency volatility, foreign institutional investor flows, and developments in India-US trade discussions
The domestic equity markets are expected to be cautious amid rangebound trading with focus on auto sales, FOMC minutes and manufacturing PMI numbers. The monthly F&O expiry-led volatility can't be ruled out in initial part of the week, experts said.
BSE Midcap index shed 0.4 percent and smallcap index down 0.5%. Tata Steel, Tata Consumer, Asian Paints, Grasim Industries, Nestle India were among major gainers on the Nifty, while losers were HCL Technologies, Adani Ports, Power Grid Corp, Trent, Max Healthcare. Among sectors, except media, all other indices ended lower with auto, IT, pharma, realty, power down between 0.4-0.9 percent.
The Nifty 50 may consolidate as long as it trades below 26,250, with immediate support at 26,000–25,950, followed by 25,800 being key support, while a decisive move above this level could push the index toward 26,350–26,500.
The market may continue to consolidate as long as it trades below last week’s high. Below are some short-term trading ideas to consider.
Stocks to Watch, 29 December: Stocks like Coforge, Sigachi Industries, Viceroy Hotels, Lloyds Enterprises, Vedanta, Suzlon Energy, Akums Drugs and Pharmaceuticals, Diamond Power Infrastructure, Avantel, Solarworld Energy Solutions, Punjab National Bank, and Timex Group India will be in focus on December 29.
If the index falls and sustains below the immediate key support of the 26,000–25,950 zone, selling pressure may widen; however, holding above this zone could take the index toward the 26,100–26,150 zone. The trading range for the next couple of sessions could be 25,950–26,300.
Gurugram-based diagnostic chain Modern Diagnostic & Research Centre will be the only IPO opening for public subscription next week on December 31.
SS Retail IPO | The company proposed to mobilise Rs 300 crore via issuance of fresh shares, while existing shareholders including promoters will offload shares worth Rs 200 crore via offer-for-sale.
Looking ahead, the 26,200–26,250 zone is likely to serve as a key barrier for Nifty 50. A convincing breakout above 26,250 could open the door for a swift upswing towards 26,500 and then 26,650 in the near term, said Sudeep Shah.
On the domestic side, the surprise for markets could be earnings related. Either earnings come in weaker-than-expected, or they surprise positively if demand and margins improve faster than anticipated, said Rishabh Nahar.
Attention will be on the FOMC meeting minutes and weekly US jobless claims.
Zepto has pre-filed draft IPO papers with Sebi via the confidential route to raise Rs 11,000 crore, marking a key step toward a 2026 listing.
Wow Momo Foods targets to achieve Rs 850 crore in revenue for the current financial year 2025-26.
The industry has doubled its total AUM over the past three years, reflecting a steady shift in investor preference toward low-cost, transparent investment products.
Among sectors, Nifty Defence index rose more than 3 percent, Nifty Metal index up 2.7 percent, Nifty Media gained 1 percent, however, Nifty PSU Bank shed nearly 1 percent, Nifty IT and Nifty Pharma declined 0.3% each.
Foreign Institutional Investors (FIIs) continued their selling trend in the Indian equity markets, offloading equities worth RS 4,290.96 crore
As per the update, HDFC's flagship fund - HDFC Flexi Cap Fund, will now be managed by Chirag Setalvad. The fund house has also announced changes in the management of HDFC Focused Fund, previously and HDFC ELSS Tax Saver Fund.
Shubham Agarwal, CEO of Quantsapp, highlights specific scenarios where traders should avoid traditional adjustments
The new year will see a new quick commerce company list, raising stakes in a corner of the economy that's seeing high growth rates
The Dow Jones Industrial Average fell 20.19 points, or 0.04%, to 48,710.97, the S&P 500 lost 2.11 points, or 0.03%, to 6,929.94 and the Nasdaq Composite lost 20.21 points, or 0.09%, to 23,593.10.
Rohit Sarin's preference for 2026 is tilted toward large-cap stocks. This is primarily because large caps are currently more favourably valued relative to mid- and small-cap stocks.
The action was also seen in Ravelcare shares on Friday, which rallied 19.43 percent to Rs 140.75 after significant buying by NAV Capital.