Closing Bell: Nifty below 26,100, Sensex down 400 pts as rupee, banks take a beating

Indian equity indices ended on a negative note with Nifty below 26,050 on December 2. At close, the Sensex was down 503.63 points or 0.59 percent at 85,138.27, and the Nifty was down 143.55 points or 0.55 percent at 26,032.20.

We wrap up today's edition of the Moneycontrol live market blog, and will be back tomorrow morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

Markets edged lower on the weekly expiry day, losing nearly half a percent and extending the ongoing consolidation phase. After a soft start, the Nifty drifted gradually through the session and settled near the day’s low at 26,032, marking a decline of around 0.43% from the previous close of 26,176. Sectorally, most indices moved in line with the benchmark, with banking, financials, and metal among the top losers. The broader market tone also remained subdued, as both midcap and smallcap indices ended in the red.

The decline was primarily driven by a sharp contraction in the IIP data, weakness in the rupee, and caution ahead of the upcoming US Fed and RBI policy decisions later in the week. Global cues offered little support, with US markets closing lower due to rising treasury yields and Asian markets showing only a modest rebound.

The Nifty is once again approaching its immediate support zone near the 20-DEMA around 25,950, with the trendline support at 25,900 providing additional cushion. Meanwhile, participants should continue to adopt a stock-specific trading approach, with a short-term preference for auto, banking, pharma, and IT names, while also considering selective shorts in weaker pockets as a hedge.

The Nifty index started the day on a gap-down note, witnessed continued selling pressure, and eventually settled on a negative note at 26,032. On the daily chart, Nifty has formed a small red candle with shadows on either side, indicating uncertainty. In the near term, major resistance for the index is placed at 26,325. Until the index persists below this level, any bounce should be used for profit booking. On the downside, 25,840 will act as crucial support base, where the short term swing low is placed. Considering the overall setup, traders are advised to buy near support levels and sell near the resistance mentioned above.

The Bank Nifty index opened negative note, witnessed continued selling pressure, and settled on a bearish note at 59,274. Technically, on the daily chart, the Bank Nifty has formed a small red candle with a long upper shadow, reflecting selling pressure at elevated levels. As per this formation, as long as the Bank Nifty remains below 60,114, any bounce should be used for profit booking. On the downside, immediate support is placed near 58,810 where 21-DEMA is placed followed by multiple support base of 58,650. Therefore, short-term traders are advised to adopt a buy-near-support and sell near the resistance zone mentioned above.

Nifty witnessed another day of lackluster trading with a predominantly negative bias. On the hourly chart, the index continued to trade below the 21EMA. A mild negative divergence on the daily chart has contributed to the recent weakness in momentum.

On the hourly chart, a rising trendline offers immediate support; however, if Nifty slips below this trendline, a slide towards 25,900 may follow.

On the other hand, resistance is placed at 26,150, and a move above this level could improve sentiment. Overall, a bearish to sideways sentiment may persist over the next few days.

Nifty ended lower by 144 points at 26,032 (–0.6%), weighed down by broad-based weakness and nervousness ahead of the RBI’s interest rate decision on 5th December. Most sectors closed in the red, with private banks and financial services leading the decline, down 0.7% and 0.8% respectively. In contrast, the PSU Bank index gained 0.5%, marking its second consecutive day of gains.

Other rate-sensitive sectors—including Auto, Realty and Consumer Durables—saw profit booking amid cautious market sentiment.

Monthly auto volumes for Nov’25 exceeded market expectations, with wholesales showing strong post-festive growth across segments, supported by festive order backlogs and normalization of dealer inventory.

The key monitorable ahead will be retail demand trends from Jan’26, though the underlying consumption sentiment remains positive. On the macro front, investors will track comments from the US Federal Reserve and JOLTS jobs data today, followed by US non-farm payrolls and India’s Services PMI tomorrow.

The INR weakened further to a fresh record low of 89.92, pressured by sustained foreign outflows and elevated global crude prices.

Overall, markets are likely to remain in consolidation mode, reacting to domestic and global cues, with US jobs data expected to guide the Fed’s policy outlook next week. Rate-sensitive sectors will stay in focus ahead of the RBI policy outcome on Friday.

On the weekly expiry day, the benchmark Nifty index opened on a subdued note with a notable downside gap. Although the index made an early attempt to recover, it failed to hold above the 26150 mark. This inability to sustain the bounce triggered further selling pressure, dragging the index lower for most of the session.

In the final hour, the index managed to stage a mild rebound after hitting the day’s low at 25997. However, the recovery lacked conviction, and Nifty eventually closed at 26032, down 0.55%. On the daily chart, the index has formed a bearish candle with wicks on both ends, indicating both intraday volatility and a tug-of-war between bulls and bears.

Within the Nifty constituents, Asian Paints and Dr. Reddy’s emerged as the top performers, offering some resilience amid the broader weakness. On the flip side, Indigo and ICICI Bank led the losers’ pack. Sector-wise, Nifty Pharma, Nifty IT, and Nifty Healthcare indices managed to close in the green, whereas Nifty Media, Nifty Chemicals, and Nifty Private Bank witnessed sharp declines.

The broader market continued to remain under pressure, mirroring the cautious undertone. Notably, the Nifty Small Cap 100 index once again breached its 200-day EMA, a sign that the broader market structure remains fragile. The market breadth was heavily skewed in favour of declines, with 338 out of Nifty 500 constituents ending in the red. Over the past few sessions, this persistent weakness in breadth stands out, especially at a time when the benchmark index is hovering near its all-time high levels, hinting at a lack of widespread participation in the rally and increasing vulnerability for bulls.

Nifty View

Going ahead, for Nifty, the 20-day EMA zone of 25980-25950 will act as important support. On the upside, the zone of 26140-26160 will act as an important hurdle for the index. Any sustainable move above the 26160 level will lead to a sharp upside rally upto the 26300 level.

Bank Nifty View

The banking benchmark index, Bank Nifty, ended on a negative note for the second consecutive trading session. On a daily scale, it has formed a bearish candle with a long upper shadow.

Going ahead, the 20-day EMA zone of 58950-58850 will act as important support for the index. On the upside, the zone of 59600-59700 will act as a crucial hurdle for the index. Any sustainable move above the 59700 level will lead to a sharp upside rally upto the 60200 level.

FII selling has once again gathered pace and in the last three sessions have sold domestic shares worth more than Rs 6,000 crore.

Valuations at elevated levels and delay in the announcement of the Indo-US trade deal is causing a lot of anxiety amongst the investors who are looking at fresh positive triggers. The rupee's downward spiral is also adding to investors discomfort.

Domestic markets continued to witness profit booking amid worries over the weakening rupee and persistent FII outflows. Meanwhile, the NSE’s sectoral index overhaul in line with SEBI regulations led to corrections in major banking counters.

In the near term, fading expectations of an RBI rate cut owing to strong GDP data and the uncertainty around US–India trade discussions may keep investors on edge.

Even so, solid domestic macro fundamentals and a strengthening earnings outlook for the second half of the fiscal year are likely to lend support going forward.

Indian rupee ended 32 paise lower at 89.87 per dollar on Tuesday versus Monday's close of 89.55

Indian equity indices ended on a negative note with Nifty below 26,050 on December 2.

At close, the Sensex was down 503.63 points or 0.59 percent at 85,138.27, and the Nifty was down 143.55 points or 0.55 percent at 26,032.20. About 1518 shares advanced, 2453 shares declined, and 158 shares unchanged.

All the sectoral indices ended in the red with metal, oil & gas, private Bank, consumer durables, media index down 0.5% each.

BSE Midcap index ended marginally lower, while Smallcap index fell 0.6%.

Interglobe Aviation, Reliance Industries, HDFC Bank, ICICI Bank, Axis Bank were among top losers on the Nifty, while gainers included Asian Paints, Tech Mahindra, Dr Reddy's Labs, SBI Life Insurance and Maruti Suzuki.

Bharat Petroleum Corporation was quoting at Rs 358.85, up Rs 4.80, or 1.36 percent.

It has touched an intraday high of Rs 361.00 and an intraday low of Rs 354.40.

It was trading with volumes of 231,719 shares, compared to its five day average of 126,824 shares, an increase of 82.71 percent.

In the previous trading session, the share closed down 1.38 percent or Rs 4.95 at Rs 354.05.

The share touched a 52-week high of Rs 381.60 and a 52-week low of Rs 234.15 on 17 November, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 5.96 percent below its 52-week high and 53.26 percent above its 52-week low.

Market capitalisation stands at Rs 155,687.27 crore.

The shares of Sun Pharma Advanced Research Company (SPARC) jumped 20 percent on December 2. This comes after a US district court passed an order in favour of the company for its 'Sezaby' injection.

The shares of the pharma company hit the upper circuit at Rs 161.02 apiece, the highest level seen by the stock since end of July this year. Read More

KPI Green Energy has received a work order from Gujarat State Electricity Corporation (GSECL) for the engineering, procurement and construction (EPC) of a 142 MW (DC) / 110 MW (AC) floating solar photovoltaic (FSPV) project at the reservoir of the Kadana Dam in Mahisagar district, Gujarat.

#1 Time to be selective, prefer a bottom-up approach

#2 Expect status quo on public capex growth, likelihood of a private capex uptick in H2CY26

#3 Cost optimisation & operating leverage are key to offsetting gross margin headwinds

#1 Semaglutide opportunity intact for co in Canada

#2 Company has responded to health Canada’s queries on its application

#3 GLP-1 drugs remain a focus segment

#4 Company is making progress in long-term growth drivers

#5 Health Canada approval for Generic Semaglutide will be a key catalyst

The Sensex was down 549.70 points or 0.64 percent at 85,092.20, and the Nifty was down 160.75 points or 0.61 percent at 26,015. About 1334 shares advanced, 2460 shares declined, and 135 shares unchanged.

Hindustan Petroleum Corporation was quoting at Rs 448.75, down Rs 2.90, or 0.64 percent.

It has touched an intraday high of Rs 460.50 and an intraday low of Rs 447.05.

It was trading with volumes of 162,610 shares, compared to its five day average of 75,844 shares, an increase of 114.40 percent.

In the previous trading session, the share closed down 1.29 percent or Rs 5.90 at Rs 451.65.

The share touched a 52-week high of Rs 494.55 and a 52-week low of Rs 287.55 on 12 November, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 9.26 percent below its 52-week high and 56.06 percent above its 52-week low.

Market capitalisation stands at Rs 95,486.04 crore.

The company has secured additional orders worth Rs 2461.62 crore from Indian Army since November 13, 2025.

The majors orders received include ATGMs and SAM (Emergency Procurement).

The ATGMs (Anti-Tank Guided Missiles) is to be executed in a span of 42 months and Surface-to-Air Missiles (SAMs) is to be executed in a span of 12 months.

The new products will be available for sale w.e.f. December 3, 2025.

Life Insurance Corporation of India was quoting at Rs 883.75, up Rs 1.45, or 0.16 percent.

It has touched an intraday high of Rs 891.00 and an intraday low of Rs 882.80.

It was trading with volumes of 34,123 shares, compared to its five day average of 97,444 shares, a decrease of -64.98 percent.

In the previous trading session, the share closed down 1.33 percent or Rs 11.90 at Rs 882.30.

The share touched a 52-week high of Rs 1,007.70 and a 52-week low of Rs 715.35 on 09 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 12.3 percent below its 52-week high and 23.54 percent above its 52-week low.

Market capitalisation stands at Rs 558,971.67 crore.

The company has received order of Rs 24.50 crore (excluding tax) for supply of Condensers from a leading EPC consultant in Mumbai.

Mazda was quoting at Rs 234.35, down Rs 0.30, or 0.13 percent.

It has touched an intraday high of Rs 235.35 and an intraday low of Rs 231.10.

In the previous trading session, the share closed down 1.01 percent or Rs 2.40 at Rs 234.65.

The share touched a 52-week high of Rs 428.57 and a 52-week low of Rs 205.00 on 16 January, 2025 and 04 March, 2025, respectively.

Currently, the stock is trading 45.32 percent below its 52-week high and 14.32 percent above its 52-week low.

Market capitalisation stands at Rs 469.29 crore.

Omaxe World Street, a wholly owned subsidiary of  Omaxe, has received RERA Registration Certificate for setting up of a commercial colony, i.e. “London Street Extension” situated at Sector-79, Faridabad, Haryana.

Internationally, the year 2025 has been quite a mixed-bag for the Indian Gems & Jewellery sector, especially influenced global economic headwinds and a rise in the price of precious metals. To add to it, the trade tariffs was another major shock of the sector. There was a panic-trade situation where the sector witnessed a spike in cross-border business for a couple of months, before going back to a dull momentum. Contrastingly, the domestic market performed very well throughout, with some negligible corrections here and there, as consumption gained strength on the backdrop of a robust economy, empowered purchasing ability, and the GST Bonanza right ahead of the festive season. It is safe to say that the vacuum created by international trade volatility was covered to a certain extent by domestic demand.

The reflection of a robust domestic economic activity can be seen in the real GPD growth – which has recorded six quarters high during H1FY26. This is a major indicator of strengthened consumption appetite of the Indian population and is expected to continue. This sentiment is here to stay and underlines a well-optimized growth for the domestic gems & jewellery sector, irrespective of the downtrend in the global markets.

Overall, we will see the gold prices further stride toward new record highs, but will remain a favourite investment and prestige purchase for the Indian population, keeping the sectoral growth trajectory upwards.

Tata Communications (Netherlands) B.V,, a wholly-owned subsidiary of Tata Communications, has entered into a stock purchase agreement and ancillary transaction documents with Commotion, Inc., to acquire 51% stake on a fully diluted basis, through a combination of purchase of stock from existing shareholders and capital investment in the Target.

The total consideration for the acquisition is approximately USD 25.50 million (~ Rs 227 crores).

Out of the total consideration, ~ USD 15.50 million is towards purchase of stocks from the founders and other external investors in the Commotion and ~ USD 10.00 million is towards capital contribution in the Commotion.

Biocon Biologics, a fully integrated global biosimilars company and subsidiary of Biocon today announced a settlement agreement with Amgen Inc. that clears the path for the commercialization of its Denosumab biosimilars in Europe and the rest of the world.

The agreement allows Biocon Biologics to commercialize both its Denosumab biosimilars in Europe starting December 2, 2025.

For the month of November, Afcons Infrastructure has secured orders valued at Rs 884 crore for civil infrastructure works, under its Marine and Industrial Business Unit (BU).

The orders involve the Engineering, Procurement and Construction (EPC) contracts.

Afcons Infrastructure was quoting at Rs 411.20, up Rs 2.30, or 0.56 percent.

It has touched an intraday high of Rs 416 and an intraday low of Rs 407.

In the previous trading session, the share closed up 1.13 percent or Rs 4.55 at Rs 408.90.

The share touched a 52-week high of Rs 570 and a 52-week low of Rs 382.40 on 03 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 27.86 percent below its 52-week high and 7.53 percent above its 52-week low.

Market capitalisation stands at Rs 15,123.30 crore.

GAIL India was quoting at Rs 175.05, down Rs 0.40, or 0.23 percent.

It has touched an intraday high of Rs 176.65 and an intraday low of Rs 174.90.

It was trading with volumes of 299,919 shares, compared to its five day average of 980,161 shares, a decrease of -69.40 percent.

In the previous trading session, the share closed down 0.37 percent or Rs 0.65 at Rs 175.45.

The share touched a 52-week high of Rs 213.30 and a 52-week low of Rs 150.60 on 06 December, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 17.93 percent below its 52-week high and 16.24 percent above its 52-week low.

Market capitalisation stands at Rs 115,097.12 crore.

#1 Company’s entry into BESS should be a positive surprise, with company emerging as a preferred bidder for a 150 MW project

#2 CLSA likes company’s strategy of entering adjacencies such as BESS within a transmission sub-station

#3 Company is likely to win the BESS concession at 11 percent above the lowest bid price

#4 Expect company to scale up its BESS portfolio to multi-GW

#5 Forecast regulated & competitive equity CAGRs of 9 percent over FY25-30

Indian rupee is trading lower at 89.86 per dollar versus Monday's close of 89.55.

Websol Energy System has entered into a Memorandum of Understanding (MoU) with Linton, a global leader in PV ingot and

wafer equipment technology.

Both parties have agreed to explore the opportunity of manufacturing Photovoltaic (PV) ingots and wafers in India, where Websol intends to acquire PV ingot and wafer manufacturing equipment from Linton.

#1 Medium-term jewellery growth expected at 15-20 percent

#2 Jewellery margins being maintained despite headwinds

#3 Consolidated EBIT growth expected to outpace standalone jewellery EBIT growth

#4 Eyewear business strong in the premium segment

#5 Company exploring how to address mass-market opportunities

The Sensex was down 443.35 points or 0.52 percent at 85,198.55, and the Nifty was down 138.30 points or 0.53 percent at 26,037.45. About 1329 shares advanced, 2318 shares declined, and 169 shares unchanged.

Swiggy was quoting at Rs 393.05, up Rs 4.70, or 1.21 percent.

It has touched an intraday high of Rs 393.70 and an intraday low of Rs 388.

In the previous trading session, the share closed up 2.66 percent or Rs 10.05 at Rs 388.35.

The share touched a 52-week high of Rs 617 and a 52-week low of Rs 297 on 23 December, 2024 and 13 May, 2025, respectively.

Currently, the stock is trading 36.3 percent below its 52-week high and 32.34 percent above its 52-week low.

Market capitalisation stands at Rs 98,012.79 crore.

The prices of all Ferro grades of manganese ore with Manganese content of Mn- 44% and above have been increased by 3% for the month of December 2025.

The prices of all other Ferro grades of manganese ore with Manganese content below Mn-44% have been increased by 3% for the month of December 2025.

ASK Automotive was quoting at Rs 499.10, up Rs 3.55, or 0.72 percent.

It has touched an intraday high of Rs 500.05 and an intraday low of Rs 492.60.

It was trading with volumes of 5,407 shares, compared to its five day average of 20,407 shares, a decrease of -73.50 percent.

In the previous trading session, the share closed down 0.31 percent or Rs 1.55 at Rs 495.55.

The share touched a 52-week high of Rs 578 and a 52-week low of Rs 333.85 on 24 September, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 13.65 percent below its 52-week high and 49.5 percent above its 52-week low.

Market capitalisation stands at Rs 9,839.39 crore.

The Board of Directors in its meeting held on December 01, 2025, has approved the raising of funds through the issuance of equity shares by way of a rights issue for an amount not exceeding Rs 250 crore.

The board took note of the resignation of Mr. Anish Mathew, Chief Financial Officer (CFO) from the position of CFO with effect from December 01, 2025 and approved the appointment of Mr. N. Shankar as the Chief Financial Officer and Key Managerial Personnel of the company, with effect from December 01, 2025.

Akzo Nobel India was quoting at Rs 3,395.20, up Rs 96.95, or 2.94 percent.

It has touched an intraday high of Rs 3,407 and an intraday low of Rs 3,298.45.

It was trading with volumes of 856 shares, compared to its five day average of 2,391 shares, a decrease of -64.20 percent.

In the previous trading session, the share closed down 0.54 percent or Rs 17.90 at Rs 3,298.25.

The share touched a 52-week high of Rs 3,942.15 and a 52-week low of Rs 3,045.95 on 20 January, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 13.87 percent below its 52-week high and 11.47 percent above its 52-week low.

Market capitalisation stands at Rs 15,461.85 crore.

Bikaji Foods International was quoting at Rs 700.00, down Rs 15.10, or 2.11 percent.

It has touched an intraday high of Rs 714.05 and an intraday low of Rs 695.55.

It was trading with volumes of 250,725 shares, compared to its five day average of 42,320 shares, an increase of 492.45 percent.

In the previous trading session, the share closed down 0.40 percent or Rs 2.85 at Rs 715.10.

The share touched a 52-week high of Rs 863.05 and a 52-week low of Rs 520.00 on 10 December, 2024 and 18 February, 2025, respectively.

Currently, the stock is trading 18.89 percent below its 52-week high and 34.62 percent above its 52-week low.

Market capitalisation stands at Rs 17,541.49 crore.

Sammaan Capital was quoting at Rs 151.30, down Rs 0.70, or 0.46 percent.

It has touched an intraday high of Rs 152.10 and an intraday low of Rs 150.80.

It was trading with volumes of 97,061 shares, compared to its five day average of 840,260 shares, a decrease of -88.45 percent.

In the previous trading session, the share closed down 1.17 percent or Rs 1.80 at Rs 152.00.

The share touched a 52-week high of Rs 192.90 and a 52-week low of Rs 97.80 on 03 November, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 21.57 percent below its 52-week high and 54.7 percent above its 52-week low.

Market capitalisation stands at Rs 12,548.51 crore.

Hero MotoCorp has dispatched 604,490 units in November 2025, marking a 31% Y-o-Y growth.

Bajaj Housing Finance on December 1 said that its promoter company Bajaj Finance plans to sell up to 2 percent stake in the company in one or more tranches. At current market price, the stake which is up for sale would be worth more than Rs 1,740 crore.

In an exchange filling, Bajaj Housing Finance said that Bajaj Finance has conveyed its intention to sell up to 16.66 crore shares in one or more tranches in order to enable the newly-listed company to comply with the requirements of minimum public shareholding.

Indian rupee has touched fresh record low of 89.95. It is trading lower at 89.94 per dollar versus Monday's close of 89.55.

#1 Sector re-rating on the horizon

#2 From margin pressure to earnings momentum, expect sector RoAs to expand by 15 bps over FY26-28

#3 System credit growth is likely to accelerate to 13 percent/14 percent YoY by FY26/FY27, led by favourable fiscal & monetary policies

#4 Sector valuation at 2.1x one-year forward BVPS looks inexpensive

#5 Improving RoAs & strong EPS CAGR make a compelling case for re-rating

Mini Diamonds (India) was quoting at Rs 33.10, up Rs 5.28, or 18.98 percent.

It has touched an intraday high of Rs 33.35 and an intraday low of Rs 27.85.

It was trading with volumes of 285,128 shares, compared to its five day average of 47,574 shares, an increase of 499.34 percent.

In the previous trading session, the share closed down 0.64 percent or Rs 0.18 at Rs 27.82.

The share touched a 52-week high of Rs 46.60 and a 52-week low of Rs 19.50 on 05 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 28.97 percent below its 52-week high and 69.74 percent above its 52-week low.

Market capitalisation stands at Rs 78.01 crore.

The Sensex was down 411.04 points or 0.48 percent at 85,230.86, and the Nifty was down 124.15 points or 0.47 percent at 26,051.60. About 1355 shares advanced, 2235 shares declined, and 159 shares unchanged.

Bondada Engineering has successfully commissioned a cumulative 48.47 MWp of solar power projects for Paradigm IT, MAHAGENCO, and NLC. These projects span across multiple clusters located in Dhule, Sambhajinagar, Jalgaon, and Parbhani in the state of Maharashtra, as well as Neyveli in Tamil Nadu.

Silver stole the limelight again on Monday, extending the strong momentum from Friday’s 6% surge, as decade-low Chinese inventories, persistent supply-tightness concerns, elevated borrowing costs and ETF demand pushed COMEX prices to a fresh record of $59.4 per ounce. Global silver ETFs saw inflows of 9.7 million ounces last week, bringing year-to-date additions to 113.4 million ounces.

Meanwhile, Gold finished the day little changed after briefly reaching a six-week high of $4,264 an ounce, supported by growing expectations of a U.S. interest-rate cut. CME data indicate markets now assign nearly an 87% probability to a December cut. The latest economic data added to the cautious tone, with the Institute for Supply Management reporting that U.S. manufacturing contracted for a ninth consecutive month as the PMI slipped to 48.2. Today, gold eased to $4,220 on profit-taking, while silver declined 2% to $57.2 as investors took a breather after the metal’s accelerated six-day advance and awaited key US data releases later in the week.

WTI crude oil climbed to $60/bbl yesterday after OPEC+ kept production plans unchanged and maintained its three-month pause on output increases for early 2026. The rise was amplified by geopolitical tensions, as ongoing Russia-Ukraine strikes despite diplomatic efforts keeps markets skeptical of a Ukraine peace deal.

Ukraine’s attack on the Caspian Pipeline Consortium (CPC) terminal, Kazakhstan’s main crude export route, along with drone strikes on a Russian refinery and the Beriev aviation plant in the Rostov region added a notable risk premium. Further support came from comments by U.S. President Trump that airspace over and around Venezuela should be considered closed, raising concerns over potential supply disruptions. Today, oil prices are holding their gains and trade above $59.5 as markets assess these renewed geopolitical risks, including Ukraine’s stepped-up attacks on Russian energy infrastructure and the possibility of U.S. military action in Venezuela.

Vedanta was quoting at Rs 534.50, up Rs 1.35, or 0.25 percent.

It has touched an intraday high of Rs 535.80 and an intraday low of Rs 530.75.

It was trading with volumes of 208,897 shares, compared to its five day average of 415,594 shares, a decrease of -49.74 percent.

In the previous trading session, the share closed up 1.49 percent or Rs 7.85 at Rs 533.15.

The share touched a 52-week high of Rs 537.50 and a 52-week low of Rs 362.20 on 01 December, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 0.56 percent below its 52-week high and 47.57 percent above its 52-week low.

Market capitalisation stands at Rs 209,010.24 crore.

The company has successfully commissioned 4 Million Ton Per Annum (MTPA) brownfield expansion of Clinker Unit in Bhatapara, Chhattisgarh. With commissioning of this Clinker Unit, Ambuja Cement’s consolidated clinker capacity has increased to 66 MTPA.

The Sensex was down 275.28 points or 0.32 percent at 85,366.62, and the Nifty was down 78.10 points or 0.30 percent at 26,097.65. About 1450 shares advanced, 2023 shares declined, and 161 shares unchanged.

Asian stocks rebounded following Monday’s selloff that saw cryptocurrencies lead declines in global risk assets. Japanese government bonds edged higher after a keenly watched auction of 10-year debt drew firm demand.

Minda Corporation was quoting at Rs 585.80, up Rs 8.90, or 1.54 percent.

It has touched an intraday high of Rs 585.80 and an intraday low of Rs 576.60.

It was trading with volumes of 4,910 shares, compared to its five day average of 10,363 shares, a decrease of -52.62 percent.

In the previous trading session, the share closed down 0.71 percent or Rs 4.15 at Rs 576.90.

The share touched a 52-week high of Rs 644.35 and a 52-week low of Rs 445.25 on 29 September, 2025 and 11 August, 2025, respectively.

Currently, the stock is trading 9.09 percent below its 52-week high and 31.57 percent above its 52-week low.

Market capitalisation stands at Rs 14,005.27 crore.

The Board of Directors in its meeting held on December 01, 2025, has approved the raising of funds through the issuance of equity shares by way of a rights issue for an amount not exceeding Rs 250 crore.

The board took note of the resignation of Mr. Anish Mathew, Chief Financial Officer (CFO) from the position of CFO with effect from December 01, 2025 and approved the appointment of Mr. N. Shankar as the Chief Financial Officer and Key Managerial Personnel of the company, with effect from December 01, 2025.

Nacl Industries was quoting at Rs 187.40, down Rs 1.95, or 1.03 percent.

It has touched an intraday high of Rs 189.05 and an intraday low of Rs 184.35.

It was trading with volumes of 5,417 shares, compared to its five day average of 26,466 shares, a decrease of -79.53 percent.

In the previous trading session, the share closed down 0.68 percent or Rs 1.30 at Rs 189.35.

The share touched a 52-week high of Rs 337.65 and a 52-week low of Rs 51.56 on 01 August, 2025 and 03 December, 2024, respectively.

Currently, the stock is trading 44.5 percent below its 52-week high and 263.46 percent above its 52-week low.

Market capitalisation stands at Rs 3,776.33 crore.

Srinandan Sundaram is going to take over as CEO of Unilever International.

Hindustan Unilever was quoting at Rs 2,471.20, up Rs 7.40, or 0.30 percent.

It has touched an intraday high of Rs 2,481.60 and an intraday low of Rs 2,462.90.

It was trading with volumes of 16,639 shares, compared to its five day average of 110,777 shares, a decrease of -84.98 percent.

In the previous trading session, the share closed down 0.13 percent or Rs 3.20 at Rs 2,463.80.

The share touched a 52-week high of Rs 2,779.70 and a 52-week low of Rs 2,136 on 04 September, 2025 and 04 March, 2025, respectively.

Currently, the stock is trading 11.1 percent below its 52-week high and 15.69 percent above its 52-week low.

Market capitalisation stands at Rs 580,630.99 crore.

#1 Believe the company’s revenue growth has now bottomed out

#2 LFL for split stores turning positive due to base effects

#3 A three-year 20 percent CAGR in the Zudio Network

#4 An improving consumer demand cycle, westside growth

#5 Key risk remains competitive upsurge

#5 Bernstein builds 19 percent growth for FY26 & a 20 percent CAGR for FY26-28

Raymond Realty has announced its expansion into the Mumbai Metropolitan Region’s (MMR) most coveted corridor with the launch of ‘Invictus by GS, BKC’.

The project comprises 6 towers rising to 23 habitable floors with 4 basements.

Aditya Birla Capital has made an investment of Rs 300,00,00,042on rights basis, in the equity shares of Aditya Birla Housing Finance.

Aditya Birla Capital was quoting at Rs 358.45, up Rs 2.50, or 0.70 percent.

It has touched an intraday high of Rs 359.85 and an intraday low of Rs 355.55.

It was trading with volumes of 8,900 shares, compared to its five day average of 171,914 shares, a decrease of -94.82 percent.

In the previous trading session, the share closed down 0.56 percent or Rs 2 at Rs 355.95.

The share touched a 52-week high of Rs 360 and a 52-week low of Rs 148.75 on 01 December, 2025 and 17 February, 2025, respectively.

Currently, the stock is trading 0.43 percent below its 52-week high and 140.97 percent above its 52-week low.

Market capitalisation stands at Rs 93,725.11 crore.

Tata Motors’ passenger vehicle sales latest data shows a rise of 26% YoY to 59,199 units in November, with domestic PV sales up around 22%.

A wholly owned subsidiary, Insolation Green Energy has secured sale order amounting to Rs 516.05 crore.

Insolation Green Energy has also been awarded a purchase order aggregating to Rs 357 crores, including GST, for the supply of Solar PV Module N Type Topcon by a well-renowned IPP Company and awarded a purchase orders aggregating to Rs 159.05 crore for the supply of Solar PV Modules by various Companies for their projects under PM KUSUM scheme at various locations in Andhra Pradesh.

HDFC Bank was quoting at Rs 989.75, down Rs 12.80, or 1.28 percent.

It has touched an intraday high of Rs 993.10 and an intraday low of Rs 985.70.

It was trading with volumes of 189,656 shares, compared to its five day average of 960,723 shares, a decrease of -80.26 percent.

In the previous trading session, the share closed down 0.44 percent or Rs 4.45 at Rs 1,002.55.

The share touched a 52-week high of Rs 1,020.35 and a 52-week low of Rs 812.13 on 23 October, 2025 and 13 January, 2025, respectively.

Currently, the stock is trading 3 percent below its 52-week high and 21.87 percent above its 52-week low.

Market capitalisation stands at Rs 1,522,483.99 crore.

The company has been approved by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, for an Industrial Explosives and Manufacturing License.

The license is obtained for Manufacturing of equipments under Categories of Defence Aircraft for Unmanned Helicopters activity which includes Unmanned Aerial Systems.

The License is also granted under Category of Allied Defence Equipment for Inertial Navigation Systems and Radar Equipments.

The company has started trial production (first phase for LT/HT Cables) at its green field unit located at Plot No. 1012 – 1023 Sanand-II, BoI Engineering Industrial Estate GIDC, Ahmedabad, Gujarat.

KEI Industries was quoting at Rs 4,121.55, up Rs 16.90, or 0.41 percent.

It has touched an intraday high of Rs 4,135.65 and an intraday low of Rs 4,079.

In the previous trading session, the share closed down 0.98 percent or Rs 40.55 at Rs 4,104.65.

The share touched a 52-week high of Rs 4,699 and a 52-week low of Rs 2,443.70 on 11 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 12.29 percent below its 52-week high and 68.66 percent above its 52-week low.

Market capitalisation stands at Rs 39,402.26 crore.

Hyundai has reported total sales of 66,840 units in November 2025, a 9.1% YoY increase, driven by sustained demand for SUVs and strong export momentum.

Hyundai Motor India was quoting at Rs 2,355.50, down Rs 37.60, or 1.57 percent.

It has touched an intraday high of Rs 2,416.90 and an intraday low of Rs 2,350.55.

It was trading with volumes of 6,912 shares, compared to its five day average of 36,771 shares, a decrease of -81.20 percent.

In the previous trading session, the share closed up 2.90 percent or Rs 67.40 at Rs 2,393.10.

The share touched a 52-week high of Rs 2,889.65 and a 52-week low of Rs 1,542.95 on 22 September, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 18.48 percent below its 52-week high and 52.66 percent above its 52-week low.

Market capitalisation stands at Rs 191,394.06 crore.

Indian rupee has touched fresh record low of 89.85. It is trading lower at 89.80 per dollar versus Monday's close of 89.55.

Shriram Finance was quoting at Rs 851, down Rs 0.40, or 0.05 percent.

It has touched an intraday high of Rs 855.80 and an intraday low of Rs 846.20.

It was trading with volumes of 1,168,080 shares, compared to its five day average of 434,045 shares, an increase of 169.11 percent.

In the previous trading session, the share closed up 0.13 percent or Rs 1.10 at Rs 851.40.

The share touched a 52-week high of Rs 871.25 and a 52-week low of Rs 493.60 on 28 November, 2025 and 20 January, 2025, respectively.

Currently, the stock is trading 2.32 percent below its 52-week high and 72.41 percent above its 52-week low.

Market capitalisation stands at Rs 160,096.94 crore.

For the month of November, Afcons Infrastructure has secured orders valued at Rs 884 crore for civil infrastructure works, under its Marine and Industrial Business Unit (BU).

The orders involve the Engineering, Procurement and Construction (EPC) contracts.

Afcons Infrastructure was quoting at Rs 409.70, up Rs 0.80, or 0.20 percent.

It has touched an intraday high of Rs 416 and an intraday low of Rs 407.

In the previous trading session, the share closed up 1.13 percent or Rs 4.55 at Rs 408.90.

The share touched a 52-week high of Rs 570 and a 52-week low of Rs 382.40 on 03 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 28.12 percent below its 52-week high and 7.14 percent above its 52-week low.

Market capitalisation stands at Rs 15,068.14 crore.

Gold eased in early trading on Tuesday, after it touched a six-week high in the previous session, as rising U.S. Treasury yields and profit-taking weighed on sentiment ahead of U.S. economic data likely to guide the Federal Reserve's policy path.

Spot gold fell 0.4% to $4,215.48 per ounce, after hitting its highest level since October 21 on Monday.

U.S. gold futures for December delivery were down 0.6% at $4,247.10 per ounce.

The Sensex was down 341.93 points or 0.40 percent at 85,299.97, and the Nifty was down 100.90 points or 0.39 percent at 26,074.85. About 1263 shares advanced, 1964 shares declined, and 169 shares unchanged.

Tata Communications (Netherlands) B.V,, a wholly-owned subsidiary of Tata Communications, has entered into a stock purchase agreement and ancillary transaction documents with Commotion, Inc., to acquire 51% stake on a fully diluted basis, through a combination of purchase of stock from existing shareholders and capital investment in the Target.

The total consideration for the acquisition is approximately USD 25.50 million (~ Rs 227 crores).

Out of the total consideration, ~ USD 15.50 million is towards purchase of stocks from the founders and other external investors in the Commotion and ~ USD 10.00 million is towards capital contribution in the Commotion.

Interglobe Aviation was quoting at Rs 5,770.55, down Rs 19.95, or 0.34 percent.

It has touched an intraday high of Rs 5,806.30 and an intraday low of Rs 5,755.

It was trading with volumes of 2,527 shares, compared to its five day average of 10,019 shares, a decrease of -74.78 percent.

In the previous trading session, the share closed down 1.90 percent or Rs 112.20 at Rs 5,790.50.

The share touched a 52-week high of Rs 6,225.05 and a 52-week low of Rs 3,946.40 on 18 August, 2025 and 22 January, 2025, respectively.

Currently, the stock is trading 7.3 percent below its 52-week high and 46.22 percent above its 52-week low.

Market capitalisation stands at Rs 223,083.75 crore.