Closing Bell: Market snaps 3-day fall; Nifty near 25,900, Sensex rises 427 pts

Indian equity indices ended on strong note with Nifty at 25,900 on December 11. At close, the Sensex was up 426.86 points or 0.51 percent at 84,818.13, and the Nifty was up 140.55 points or 0.55 percent at 25,898.55.

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.

Indian equities snapped a three-day losing streak and ended with healthy gains on Thursday, supported by broad-based buying across sectors and positive global cues after the US Federal Reserve announced a 25-basis-point rate cut overnight. The move boosted risk sentiment and helped domestic benchmarks recover from recent weakness.

The Sensex climbed 426.86 points to close at 84,818.13, while the Nifty rose 140.55 points to settle at 25,898.55, ending just shy of the 25,900 mark.

Gains were driven by strong action in auto, metal, banking and telecom stocks, with Kotak Mahindra Bank, Eternal, Jio Financial, Tata Steel and Grasim Industries leading the Nifty. On the downside, Bharti Airtel, Asian Paints, SBI Life Insurance, Bajaj Finance and Axis Bank were among notable laggards. Broader markets outperformed the frontline indices.

The NSE Midcap index was up 0.97%, while the NSE Smallcap index advanced 0.81%, reflecting sustained interest in the broader market.

Sectoral performance remained robust, with all major indices ending in the green. Auto, IT, pharma, telecom, PSU Bank, Private Bank, metal and realty indices gained between 0.5% and 1%, signalling broad participation in the upmove.

On the currency front, the Indian rupee weakened further and closed near a record low at 90.36 per dollar, compared to the previous close of 89.97, as a stronger dollar and persistent foreign outflows kept pressure on the domestic currency.

With the Fed’s rate cut now digested and domestic cues limited, markets will take direction from global sentiment, currency trends and institutional flows in the near term.

Equity mutual fund inflows rose 21% MoM to Rs 29,911 crore, marking a rebound after three straight months of declines. However, inflows remain about 17% lower year-on-year, well below the 2025 peak of Rs 42,702 crore recorded in July.

Within the growth-oriented equity segment, Flexi-cap funds saw the highest inflows at Rs 8,135 crore (AUM: Rs 5.5 lakh crore), followed by Large & Mid-cap funds at Rs 4,503 crore (AUM: Rs 3.3 lakh crore). In contrast, Dividend Yield and ELSS categories recorded net outflows of Rs 278 crore and Rs 570 crore, respectively.

While the month-on-month uptick in inflows indicates strengthening investor sentiment toward equity markets, sustaining this momentum remains crucial. SIP contributions held firm at Rs 29,445 crore in November 2025, registering a modest 0.3% MoM dip but a strong 21.7% YoY increase. The near-record flows underscore steady retail participation and robust confidence in long-term wealth creation through disciplined investing.

After showing weakness in the last three sessions, Nifty witnessed relief rally from the lows on Thursday and closed the day higher by 140 points. After opening on a positive note, the market slipped into decline soon after the opening. Sharp buying has emerged from near the support of 25700 and the market moved up in the mid part and eventually closed near the highs.

A long positive candle was formed on the daily chart on Thursday, that has almost erased the loss of previous session. Positive divergence was seen in the intraday chart and the Nifty daily chart indicates possible short term reversal formation on the upside.

The market is in an attempt of reversing its short term down trend. Further sustainable upside from here could confirm crucial bottom reversal pattern. Hence, a decisive move above the hurdle of 25950-26000 levels could possibly open the next upside towards 26250-26300 levels in the near term. Immediate support is placed at 25750.

On Thursday, the benchmark index Nifty slipped below its 50-day EMA in the first hour of trade, signalling early weakness. However, the index managed to find support near the day’s low of 25693, which triggered a sharp rebound. By the end of the session, Nifty closed near 25900, posting a gain of 0.55%, and formed a bullish candle on the daily chart, indicating a recovery from intraday lows.

Among Nifty constituents, Adani Enterprises and Jio Financial Services emerged as top gainers, while Asian Paints and SBI Life were among the major laggards. Sectoral performance was largely positive, with Nifty Auto, Nifty Metal, and Nifty Pharma leading the gains. Only Nifty Media and Nifty Oil & Gas ended in the red, reflecting selective weakness.

The broader market also participated in the rebound. The Nifty Midcap 100 found support near its 100-day EMA and staged a recovery, while the Nifty Smallcap 100 closed in the green, though it continues to trade below its crucial moving averages. Market breadth improved significantly, with the advance-decline ratio tilting in favour of advancers. Out of the Nifty 500 universe, 332 stocks ended on a positive note.

Nifty View

Going ahead, for Nifty, the 50-day EMA zone of 25750-25730 will act as important support. If the index slips below the 25730 level, it could trigger a deeper correction. On the upside, the zone of 25950-26000 will act as a crucial hurdle for the index. Any sustainable move above the 26000 will lead to an upside rally up to the 26150 level.

Bank Nifty View

The banking benchmark index, Bank Nifty, has been oscillating near its 20-day EMA level since the last three trading sessions. On Thursday, it underperformed frontline indices and formed a small body candle with shadows on either side. Going ahead, the zone of 58900-58800 will act as crucial support for the index. On the upside, the zone of 59400-59500 will act as an important hurdle.

The US Federal Reserve’s decision to cut key interest rates by 25 bps to 3.50%-3.75% amid persistent inflation has reinforced bullish sentiment in precious metals. Lower rates reduce the opportunity cost of holding non-yielding assets like gold and silver, attracting fresh investment flows. With bullion already at record highs, this policy shift adds momentum to the rally, as investors seek safe-haven assets amid economic uncertainty and inflationary pressures.

Additionally, the post-cut weakening of the US dollar further supports gold and silver prices, as a softer greenback makes these metals more affordable for global buyers. The sharp rally in bullion is underpinned by structural supply deficits, robust industrial demand for silver, and sustained ETF inflows. Technical breakouts above long-standing resistance levels have amplified buying interest, while geopolitical risks and inflation hedging continue to fuel long-term bullish outlooks despite short-term volatility.

Nifty remained firm after an initial decline in the early trading hour. On the downside, it slipped below the previous day's low, while on the upside it faced resistance at the 21EMA on the daily timeframe. This reflects an underlying bearish market structure, where the index struggles to move above resistance but easily breaches support levels.

In the short term, 25,700 is likely to act as support. A decisive break below 25,700 could give bears the upper hand. Conversely, unless Nifty moves above 26,000, caution and fear may continue to dominate market sentiment.

Markets staged a rebound on the weekly expiry day, rising nearly 0.5% after three consecutive sessions of decline. Following initial volatility, the Nifty gradually moved higher and closed near the day’s peak at 25,897. Most sectors participated in the rebound, with auto, metals and pharma leading the gains. The broader markets also saw relief, with both midcap and smallcap indices advancing close to 1%.

Buying across IT, auto, metals, realty and banking helped offset recent weakness, supported by a decline in India VIX and positive global cues after Wall Street strengthened post the Fed policy outcome. Meanwhile, steady domestic sentiment was reinforced by robust equity inflows of Rs 29,894 crore in November. However, continued weakness in rupee capped the momentum.

It may still be premature to celebrate this rebound. A sustained move above the first key hurdle—the 20-DEMA around 25,950—is essential to confirm further recovery; failure to do so could trigger renewed profit-taking. Participants should closely track the performance of banking and IT, which will be crucial for market direction. Global cues, especially from the US markets, will also remain influential.

On the sectoral front, several stocks within private banking, auto, metals and pharma continue to exhibit relative strength, while pockets of weakness in other sectors still offer opportunities on the short side. Traders should position selectively with a strong emphasis on risk management.

The Indian equity market saw a strong rebound today, breaking a three day losing streak. The Sensex closed at 84,818, up 427 points, while the Nifty 50 ended at 25,899, gaining 141 points. Market breadth was positive with more stocks advancing than declining, and the India VIX fell nearly 4% to 10.4, indicating improving risk sentiment.

A key driver of the rally was the US Federal Reserve’s 25 bps rate cut, which aligned with expectations. The softer policy stance boosted risk appetite, as lower US yields often support emerging market flows and stabilize currencies. While the Fed signaled limited cuts ahead, the move still offered relief to investors and helped reduce near term uncertainty.

Sentiment was further lifted by the PFRDA decision to expand the investment universe for NPS funds. Pension funds can now invest in the top 250 listed stocks, up from 200 earlier, and can also access gold and silver ETFs and select AIFs. This added flexibility is expected to bring more long term capital to equities and support market depth.

Additionally, optimism around India US trade gained traction after the Chief Economic Advisor indicated that pending issues have largely been resolved, with a deal expected by March 2026. Sectoral performance was broad based, with realty, private banks, and autos outperforming, and midcap and small cap indices also closing higher.

Bank Nifty formed a small candlestick in Thursday’s session, reflecting sideways consolidation with a mild bearish undertone. Although the index has reclaimed its 20-day EMA, a crucial hurdle remains at the 10-day EMA. With no clear directional conviction, immediate support is placed at 58,800 and resistance at 59,350.

A decisive close above 59,500 would confirm bullish momentum, while a breakdown below 58,800 may trigger further selling pressure towards the 58,200 zone, where the 50-day EMA is placed.

Indian rupee ended near record low at 90.36 per dollar on Thursday versus previous close of 89.97.

Indian equity indices ended on strong note with Nifty at 25,900 on December 11.

At close, the Sensex was up 426.86 points or 0.51 percent at 84,818.13, and the Nifty was up 140.55 points or 0.55 percent at 25,898.55. About 2345 shares advanced, 1664 shares declined, and 138 shares unchanged.

All the sectoral indices ended in the green with auto, IT, pharma, telecom, PSU Bank, Private Bank, metal, realty up 0.5-1%.

BSE Midcap index rose 0.8% and smallcap index added 0.5%.

Kotak Mahindra Bank, Eternal, Jio Financial, Tata Steel, Grasim Industries were among major gainers on the Nifty, while losers were Bharti Airtel, Asian Paints, SBI Life Insurance, Bajaj Finance, Axis Bank.

The company has today received Letter of Empanelment/ Letter of Award from Maharashtra State Electricity Distribution Company Limited for 13,738 Off-Grid DC Solar Photovoltaic Water Pumping Systems which is to be executed within 1 (One) year under the PM Kusum B Scheme “Magel Tyala Saur Krishi Pump” Yojna. The total value of 13,738 SPWPS is Rs. 380 Crore approx. (including GST).

Oswal Pumps was quoting at Rs 530.95, up Rs 32.05, or 6.42 percent. It has touched a 52-week low of Rs 486.50.

Infibeam Avenues today announced it planned elevation of Mr. Vishwas Patel, currently Joint Managing Director, to the role of Managing Director and Chief Executive Officer, effective December 11, 2025, subject to requisite statutory approval. Mr. Vishal Mehta will continue to head the Company’s board as Chairman and Managing Director, driving long-term AI-first strategic vision.

Infibeam Avenues was quoting at Rs 17.23, up Rs 0.13, or 0.76 percent.

QIB – 0.30 times

NII - 0.18 times

Retail – 0.41 times

Employee Reserved - 1.05 times

Overall – 0.33 times

QIB – 0.32 times

NII - 1.17 times

Retail – 1.07 times

Overall – 0.88 times

The Sensex was up 417.22 points or 0.49 percent at 84,808.49, and the Nifty was up 136.85 points or 0.53 percent at 25,894.85. About 2217 shares advanced, 1596 shares declined, and 129 shares unchanged.

MBL Infrastructure today announced that Hon'ble Supreme Court of India by order dated 04.12.2025 has upheld Arbitration Award against Telecommunications Consultants India Ltd (TCIL) in respect of completed project of construction of 144 Nos Type V and 24 Nos Type VI Houses in Campus of Rajiv Gandhi Thermal Power Project at Khedar in Hisar District, Haryana.

The amount receivable in terms of the arbitration award/Court Order has been worked out as Rs 18.78 crores as on 11.12.2025 with further interest accruing at 12% p.a. compounded with monthly rests till receipt of the amount.

MBL Infrastructure was quoting at Rs 33.63, up Rs 1.68, or 5.26 percent. It has touched a 52-week low of Rs 30.60.

The board of directors of the company at its meeting held today approved the proposed acquisition of a company owning a resort property at Udaipur in the state of Rajasthan with around 150 rooms at a proposed consideration of Rs 171 crore.

Also, approved aappointment of Mr. Shwetank Singh as the Managing Director and CEO of the company with effect from February 1, 2026 and appointment of Dr. Sanjay Sethi as non-independent non-executive director of the company with effect from February 1, 2026.

Chalet Hotels was quoting at Rs 889.05, up Rs 5.60, or 0.63 percent.

#1 Reliance Jio & Bharti Airtel have reached over 400 million 5G subscribers

#2 India’s 5G penetration has already climbed to 42 percent of total data subscribers

#3 Reliance Jio leads with a 5G standalone network & rapid expansion in 5G FWA users

#4 Bharti Airtel’s 5G subscribers form 58 percent of its data base 7 46 percent of mobile subscribers

#5 5G tariffs are at a 17 percent premium to 4G, yet adoption remains strong

#1 Realigns growth target due to smart-meter challenges

#2 Cash flow improvement remains a key monitorable for investors

#3 Growth drivers need reassessment given significant working-capital drag

#4 Management addresses accounting & collection concerns in smart meters

#5 Company to exit service model & supply only smart meter devices going forward

#6 Smart meter revenue contribution expected to decline sharply through FY28

#7 Maintain buy rating with lower target price due to moderated growth outlook

Vishal Mega Mart was quoting at Rs 130.35, down Rs 0.65, or 0.50 percent.

It has touched an intraday high of Rs 130.65 and an intraday low of Rs 128.35.

In the previous trading session, the share closed down 0.04 percent or Rs 0.05 at Rs 131.00.

The share touched a 52-week high of Rs 157.75 and a 52-week low of Rs 96.05 on 26 August, 2025 and 28 February, 2025, respectively.

Currently, the stock is trading 17.37 percent below its 52-week high and 35.71 percent above its 52-week low.

Market capitalisation stands at Rs 60,912.59 crore.

QIB – 0.30 times

NII - 0.16 times

Retail – 0.37 times

Employee Reserved - 0.95 times

Overall – 0.31 times

QIB – 0.30 times

NII - 1.11 times

Retail – 1.00 times

Overall – 0.82 times

Indian rupee is trading near day's low at 90.40 dollar versus previous close of 89.97.

#1 Total AUM at Rs 80.80 lakh crore versus Rs 79.87 lakh crore, MoM

#2 Large cap fund inflow at Rs 1,640 crore versus Rs 972 crore inflow, MoM

#3 Small cap fund inflow at Rs 4,407 crore versus Rs 3,476 crore inflow, MoM

#4 Midcap fund inflow at Rs 4,487 crore versus Rs 3,807 crore inflow, MoM

GK Energy has received a Letter of Empanelment/Letter of Award from Maharashtra State Electricity Distribution Company Limited for 13,239 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana /PM Kusum B Scheme. The total value of the 13,239 pumps is around Rs. 366.63

Crores (inclusive of GST) which is to be executed within 60 days from the issuance of work order/NTP.

GK Energy was quoting at Rs 147.10, up Rs 2.55, or 1.76 percent.

Railtel Corporation of India was quoting at Rs 335.90, up Rs 17.00, or 5.33 percent.

It has touched an intraday high of Rs 337.70 and an intraday low of Rs 315.05.

It was trading with volumes of 215,021 shares, compared to its five day average of 365,994 shares, a decrease of -41.25 percent.

In the previous trading session, the share closed down 1.67 percent or Rs 5.40 at Rs 318.90.

The share touched a 52-week high of Rs 478.80 and a 52-week low of Rs 265.30 on 10 June, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 29.85 percent below its 52-week high and 26.61 percent above its 52-week low.

Market capitalisation stands at Rs 10,780.32 crore.

#1 Management expects growth rebound supported by multiple tailwinds after a subdued year

#2 Company poised to gain market share in EU differential gears segment after competitor bankruptcies

#3 Reliance on key EV customer has reduced to 6 percent following railway business integration

#4 Tariff risk remains minimal with only 3 percent revenue exposure due to high localised content

#5 Traction motor production normalises with shift to LREs & ferrite-based motors

#6 Railway business outlook strong with Rs 1,300 crore order book for execution over next 12 months

#7 Company expected to deliver 22 percent EPS CAGR over FY26-28 and maintain its growth trajectory

Ola Electric Mobility was quoting at Rs 37.37, up Rs 3.06, or 8.92 percent.

It has touched an intraday high of Rs 37.70 and an intraday low of Rs 33.80.

It was trading with volumes of 4,395,645 shares, compared to its five day average of 9,362,344 shares, a decrease of -53.05 percent.

In the previous trading session, the share closed down 0.75 percent or Rs 0.26 at Rs 34.31.

The share touched a 52-week high of Rs 100.40 and a 52-week low of Rs 33.17 on 17 December, 2024 and 09 December, 2025, respectively.

Currently, the stock is trading 62.78 percent below its 52-week high and 12.66 percent above its 52-week low.

Market capitalisation stands at Rs 16,483.27 crore.

Tejas Networks has been awarded IP Routing equipment purchase contracts for 7 of the 12 BharatNet Phase-III packages announced till date, thereby emerging as the largest supplier by the number of packages.

As a part of this nationwide deployment, Tejas will be delivering its state-of-the-art TJ1400 family of next-generation access and aggregation routers, indigenously designed and developed by the company, with tens of thousands of these carrier-grade systems already operational in high-availability, mission-critical networks.

Tejas Networks was quoting at Rs 465.45, up Rs 3.65, or 0.79 percent.

Equity inflows have picked up slightly in the month of November, aided by a steady inflows in diversified categories such as flexi-cap, which has seen steady flows  for the second consecutive month. This is a constructive trend, especially because the surge in flows earlier in the year was driven largely by NFO activity and recency bias. With one-year returns across equity categories moderating, inflows now appear more balanced and less sentiment-driven.

Within market caps, flows into mid- and small-cap categories have been modest with slight upside this month compared to the last, while large-cap funds after witnessing a sharp dip last month have rebounded meaningfully. Hybrid categories continue to gain traction, particularly multi-asset funds, which are steadily becoming part of core investor allocations given their diversified structure and strong one-year performance supported by commodity exposure.

Sectoral and thematic funds remain the most actively traded, with significant churn as investors enter and exit rapidly. This continues to be an area of concern. These categories are better suited as satellite allocations and require a longer time frame to play out. Short-term, tactical entry and exit often leads to suboptimal outcomes, and investors should ensure alignment with their risk appetite before allocating.

On the whole, the broader participation remains healthy, with core diversification trends strengthening. SIP inflows once again remain robust at around ₹29,900 crore, reinforcing the increasing discipline and maturity among retail investors. This consistent SIP momentum is a positive sign and underscores the importance of staying committed to long-term wealth creation through market cycles.

Adani-Ashoka-Aakshaya (a joint venture in which Adani Road Transport Limited holds 51% as lead member, Ashoka Buildcon holds 26%, and Aakshaya Infra Projects holds 23%) has received a Letter of Acceptance for the Mithi River Development and Pollution Control Project worth Rs 1,815.79 crore from the BMC.

Ashoka Buildcon was quoting at Rs 167, up Rs 2.50, or 1.52 percent.

It has touched an intraday high of Rs 171.10 and an intraday low of Rs 165.40.

It was trading with volumes of 84,195 shares, compared to its five day average of 239,894 shares, a decrease of -64.90 percent.

It was trading with volumes of 84,195 shares, compared to its thirty day average of 134,500 shares, a decrease of -37.40 percent.

In the previous trading session, the share closed down 1.88 percent or Rs 3.15 at Rs 164.50.

The share touched a 52-week high of Rs 319.00 and a 52-week low of Rs 158.05 on 31 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 47.65 percent below its 52-week high and 5.66 percent above its 52-week low.

Market capitalisation stands at Rs 4,688.08 crore.

The company’s subsidiary, Lloyds Global Resources FZCO (LGRF), has received board approval to enter into an arrangement to acquire a 50% equity stake in Nexus Holdco FZCO for up to $55 million. Nexus holds approximately 80–90% equity stake in Surya Mines SARL and eight other companies incorporated in the Democratic Republic of the Congo, which collectively hold various mining concessions and a copper processing plant.

The board has also approved entering into a non-binding Memorandum of Understanding (MoU) with Tata Steel to explore potential cooperation in areas such as raw material mining, logistics, pellets, and steelmaking.

Lloyds Metals and Energy was quoting at Rs 1,272.55, down Rs 9.05, or 0.71 percent.

In a much-anticipated move, the FOMC voted with 9:3 majority for a 25-bps rate cut, bringing the federal funds rate range to 3.50-3.75% on the back of increased downside risks to employment. So far, the FOMC has delivered a cumulative 175 bps of rate cut since September 2024. Though the upside risks to inflation still remain, largely due to higher tariffs, these shifts are expected to be short-lived, thereby emphasizing more on labour markets. In addition to a rate cut, the Fed also decided to start buying short-term treasury securities (mainly treasury bills), in order to stabilize money markets and to maintain ample supply of reserves over time.

Labour market conditions continue to show signs of softness, with job gains slowing and the unemployment rate rising noticeably from the last year. While reduced immigration and lower labourforce participation may be adding some strain, labour demand has clearly moderated. Overall economic growth remains moderate with pockets of stress seen in sectors like housing, while consumer spending and business fixed investment remain solid.

Gold and silver ETFs have been quiet heroes of the year, delivering standout returns even as equity markets saw bouts of volatility. Silver, especially, stole the spotlight — a rare combination of booming industrial demand from solar, EVs and electronics, alongside tightening global supply, pushed prices sharply higher. Gold too held its ground and climbed steadily, supported by persistent central-bank buying and investors seeking safety amid geopolitical and inflation worries.

As we close the year, the big question is whether investors should stay invested. The underlying story still looks strong. Silver’s supply deficit isn’t easing anytime soon, and industrial demand continues to rise. Gold remains well-supported by structural buying and a “higher-for-longer” geopolitical environment.

However, investors must temper expectations after such a strong run. Staying invested with a long-term view, keeping allocations disciplined, and booking partial profits if gains feel stretched is the most balanced approach.

The Board has approved the 4.8 MTPA capacity expansion at Neelachal Ispat Nigam (NINL), which is Phase 1 of the capacity expansion at NINL and will enable Tata Steel to further strengthen its long-products portfolio.

The Board has also approved the plan to set up a 0.7 MTPA Hot Rolled Pickling and Galvanizing Line (HRPGL) at its existing Cold Rolling Complex in Tarapur, Maharashtra.

Additionally, the Board approved the acquisition of a 50.01% equity stake in Thriveni Pellets (TPPL) from Thriveni Earthmovers (TEMPL) for Rs 636 crore.

Tata Steel was quoting at Rs 164.60, up Rs 2.40, or 1.48 percent.

QIB – 0.30 times

NII - 0.15 times

Retail – 0.34 times

Employee Reserved - 0.88 times

Overall – 0.29 times

QIB – 0.27 times

NII - 1.00 times

Retail – 0.92 times

Overall – 0.75 times

#1 First wave of regulatory impact hits company following operational crisis

#2 Regulator orders company to reduce domestic capacity by 10 percent for winter 2025-26

#3 Winter flight reductions lead to 13 percent cuts in FY26 earnings estimates

#4 Prolonged capacity cuts would require comapny to adjust fixed costs and hiring plans

Interglobe Aviation was quoting at Rs 4,787.00, down Rs 21.35, or 0.44 percent.

Shakti Pumps (India) has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company for 16,025 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana /PM Kusum B Scheme. The total value of the 16025 pumps is around Rs 443.78 crores (inclusive of GST) which is to be executed within 60 days from the issuance of work order/NTP.

Shakti Pumps (India) was quoting at Rs 591.25, up Rs 40.30, or 7.31 percent.

The company has signed a Memorandum of Understanding (MoU) with Bayer Crop Science to jointly explore opportunities to strengthen India’s agriculture ecosystem through innovation, sustainability, and farmer-centric solutions. The MoU establishes a strategic framework for collaboration across areas such as agri-inputs, digital advisory, sustainable farming practices, and value-chain strengthening.

DCM Shriram was quoting at Rs 1,297.00, up Rs 90.10, or 7.47 percent.

Glenmark Pharmaceuticals Inc., USA announces the upcoming launch of Leucovorin Calcium for Injection USP, 350 mg/vial Single-Dose Vial.

Glenmark’s Leucovorin Calcium for Injection USP, 350 mg/vial Single-Dose Vial is bioequivalent and therapeutically equivalent to the reference listed drug, Leucovorin Calcium for Injection, 350 mg/vial, of Hospira, Inc.. Glenmark will begin distribution in December 2025.

Supreme Infrastructure India has received a Letter of Intent (LOI) to execute the major Excavation and shore piling works for One Forest Avenue, located in Powai.

The contract has been awarded by BSS Property Ventures and Rajeshwar Property Ventures, companies promoted by the Sharma family along with Brookfield Properties as the major stakeholder, and is valued at Rs 71.31 crore.

Supreme Infrastructure India was quoting at Rs 81.00, down Rs 2.00, or 2.41 percent.

The company has signed a loan agreement to borrow secured rupee term loans of Rs 6,000 crore each, aggregating to Rs 12,000 crore, from the consortium of State Bank of India (SBI) and Bank of Baroda. The loan will be utilised for financing the petrochemicals project comprising 750 KTPA of Propane Dehydrogenation (PDH) and 500 KTPA of Polypropylene (PP), including propane and ethane handling facilities at Dahej, Gujarat.

Petronet LNG was quoting at Rs 270.45, up Rs 0.55, or 0.20 percent.

#1 Realigns growth target due to smart-meter challenges

#2 Cash flow improvement remains a key monitorable for investors

#3 Growth drivers need reassessment given significant working-capital drag

#4 Management addresses accounting & collection concerns in smart meters

#5 Company to exit service model & supply only smart meter devices going forward

#6 Smart meter revenue contribution expected to decline sharply through FY28

#7 Maintain buy rating with lower target price due to moderated growth outlook

Kaynes Technology India was quoting at Rs 4,111.85, up Rs 229.65, or 5.92 percent.

BSE Limited and the National Stock Exchange of India Limited (NSE) have officially communicated their decision to revoke the suspension in trading of equity shares of Vivimed Labs.

The Sensex was up 259.03 points or 0.31 percent at 84,650.30, and the Nifty was up 90.15 points or 0.35 percent at 25,848.15. About 1968 shares advanced, 1597 shares declined, and 168 shares unchanged.

The company has entered into a subcontract with G R Infraprojects for Charter Hire of our Vessel “SEAMEC III” for deploying in second season  subsea installation and diving works in Part Replacement Pipeline Project, Pipeline Replacement Project – Group A (PRP-VIII A) and DSF II Project of Oil and Natural Gas Corporation Limited (ONGC) on lumpsum basis.

The tenure of the subcontract is for 150 days.

The total value of the subcontract is approximately USD 16.72 million exclusive of GST

Seamec was quoting at Rs 1,041.75, up Rs 28.30, or 2.79 percent.

It has touched an intraday high of Rs 1,083.00 and an intraday low of Rs 1,025.60.

It was trading with volumes of 5,427 shares, compared to its five day average of 2,662 shares, an increase of 103.88 percent.

In the previous trading session, the share closed up 2.09 percent or Rs 20.75 at Rs 1,013.45.

The share touched a 52-week high of Rs 1,235.85 and a 52-week low of Rs 753.00 on 20 January, 2025 and 06 August, 2025, respectively.

Currently, the stock is trading 15.71 percent below its 52-week high and 38.35 percent above its 52-week low.

Market capitalisation stands at Rs 2,648.65 crore.

Alembic Pharmaceuticals has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Loteprednol Etabonate and Tobramycin Ophthalmic Suspension, 0.5%/0.3% (5 mL and 10 mL).

The approved ANDA is therapeutically equivalent to the reference listed drug (RLD), Zylet Ophthalmic Suspension, 0.5%/0.3%, of Bausch & Lomb Incorporated. Loteprednol etabonate and tobramycin

ophthalmic suspension, 0.5%/0.3%, is indicated for steroid-responsive inflammatory ocular conditions for which a corticosteroid is indicated and where superficial bacterial ocular infection

or a risk of bacterial ocular infection exists. Refer label for a detailed indication.

Alembic Pharmaceuticals was quoting at Rs 891.20, up Rs 5.05, or 0.57 percent.

QIB – 0.30 times

NII - 0.13 times

Retail – 0.32 times

Employee Reserved - 0.81 times

Overall – 0.28 times

Indian rupee is trading weak by 36 paise at 90.33 dollar versus previous close of 89.97.

QIB – 0.27 times

NII - 0.93 times

Retail – 0.87 times

Overall – 0.71 times

#1 Management expects growth rebound supported by multiple tailwinds after a subdued year

#2 Company poised to gain market share in EU differential gears segment after competitor bankruptcies

#3 Reliance on key EV customer has reduced to 6 percent following railway business integration

#4 Tariff risk remains minimal with only 3 percent revenue exposure due to high localised content

#5 Traction motor production normalises with shift to LREs & ferrite-based motors

#6 Railway bisiness outlook strong with Rs 1,300 crore order book for execution over next 12 months

#7 Company expected to deliver 22 percent EPS CAGR over FY26-28 and maintain its growth trajectory

The Sensex was up 71.28 points or 0.08 percent at 84,462.55, and the Nifty was up 36.50 points or 0.14 percent at 25,794.50. About 1863 shares advanced, 1584 shares declined, and 160 shares unchanged.

Suven Life Sciences announced today that its Phase-2b clinical trial of Ropanicant, a nicotinic α4β2 receptor antagonist for treating Major Depressive Disorder (MDD) has successfully achieved its 100% patient enrolment milestone of anticipated randomization, more than two months ahead of schedule.

Suven Life Sciences was quoting at Rs 169.40, up Rs 0.05, or 0.03 percent.

Tata Motors was quoting at Rs 378.75, up Rs 0.95, or 0.25 percent.

It has touched an intraday high of Rs 378.75 and an intraday low of Rs 370.15.

It was trading with volumes of 1,315,337 shares, compared to its five day average of 10,599,499 shares, a decrease of -87.59 percent.

It was trading with volumes of 1,315,337 shares, compared to its thirty day average of 0 shares, a decrease of percent.

In the previous trading session, the share closed up 1.26 percent or Rs 4.70 at Rs 377.80.

The share touched a 52-week high of Rs 382.95 and a 52-week low of Rs 306.30 on 10 December, 2025 and 14 November, 2025, respectively.

Currently, the stock is trading 1.1 percent below its 52-week high and 23.65 percent above its 52-week low.

Market capitalisation stands at Rs 139,468.30 crore.

Bajaj Housing Finance was quoting at Rs 96, down Rs 0.25, or 0.26 percent.

It has touched an intraday high of Rs 96.60 and an intraday low of Rs 95.50.

In the previous trading session, the share closed up 0.79 percent or Rs 0.75 at Rs 96.25.

The share touched a 52-week high of Rs 139.50 and a 52-week low of Rs 92.15 on 12 December, 2024 and 09 December, 2025, respectively.

Currently, the stock is trading 31.18 percent below its 52-week high and 4.18 percent above its 52-week low.

Market capitalisation stands at Rs 79,990.41 crore.

Joint Venture of HG Infra Engineering (40% Share) and Kalpataru Projects International ( Lead Member with 60% Share) has received Letter of Acceptance (LOA), for design and construction of Elevated Metro Viaduct of length 20.527 kms between UG Ramp and Balkum Naka including Depot Approach Viaduct and three Special Spans for Thane Integral Ring Metro Project.

HG Infra Engineering was quoting at Rs 756.70, down Rs 13.85, or 1.80 percent.

It has touched a 52-week low of Rs 751.40.

It has touched an intraday high of Rs 766.05 and an intraday low of Rs 751.40.

It was trading with volumes of 6,817 shares, compared to its five day average of 7,737 shares, a decrease of -11.89 percent.

In the previous trading session, the share closed up 0.92 percent or Rs 7.00 at Rs 770.55.

Market capitalisation stands at Rs 4,931.50 crore.

#1 September quarter EBITDA beat expectations by 44 percent driven by revenue & margin

#2 FY25 order flow rose 49 percent YoY led by domestic & export markets

#3 Management highlights strong ordering potential in power T&D equipment

#4 VSC technology expected to gain due to renewable energy transmission needs

#5 Order book rose 47 percent YoY to Rs 15,200 crore, equal to 2x FY25 sales

#6 Operating leverage expected to drive 254 bps margin expansion by FY27

#7 EPS CAGR of 49 percent over FY25-27 likely to drive further upside

Bandhan Bank was quoting at Rs 142.90, up Rs 1.60, or 1.13 percent and Sammaan Capital was quoting at Rs 145.50, up Rs 3.00, or 2.11 percent.

QIB – 0.30 times

NII - 0.11 times

Retail – 0.27 times

Employee Reserved - 0.68 times

Overall – 0.24 times

Action Construction Equipment and Sanghvi Movers have signed a strategic Memorandum of Understanding (MOU) to significantly scale up the deployment and usage of indigenously manufactured Heavy Slew Cranes, primarily Truck Cranes and Crawler Cranes across major infrastructure and industrial projects in India.

Action Construction Equipment was quoting at Rs 924, down Rs 5.50, or 0.59 percent.

QIB – 0.27 times

NII - 0.81 times

Retail – 0.75 times

Overall – 0.62 times

The company has received the order of the Securities Appellate Tribunal (SAT), which has dismissed the appeal filed by Sahara India Life Insurance Company against the IRDAI order dated June 2, 2023. The SAT has upheld the IRDAI directive for the immediate transfer of all policyholder-related assets and liabilities of Sahara India Life Insurance Company to SBI Life Insurance Company.

SBI Life Insurance Company was quoting at Rs 2,006.30, down Rs 7.85, or 0.39 percent.

It has touched an intraday high of Rs 2,016.25 and an intraday low of Rs 1,995.10.

In the previous trading session, the share closed up 0.45 percent or Rs 9.05 at Rs 2,014.15.

The share touched a 52-week high of Rs 2,085.00 and a 52-week low of Rs 1,373.15 on 24 November, 2025 and 01 February, 2025, respectively.

Currently, the stock is trading 3.77 percent below its 52-week high and 46.11 percent above its 52-week low.

Market capitalisation stands at Rs 201,172.74 crore.

The noteworthy part of the Fed decision to cut rates by 25 bp is the 9-3 vote, which signals tough road ahead for further rate cuts. The FOMC’s dot plot indicates two  more rate cuts - one in 2026 and another in 2027. However, this might change since the the Fed chair has clearly indicated that “ we are well positioned to wait and see how the economy evolves.”

The Fed decision, though favourable from the market perspective, is unlikely to have a significant impact on the Indian market, which is being weighed down by the sustained selling by FIIs, the huge supply of paper from IPOs and the poor earnings growth of the last six quarters. Of these, earnings growth is the most significant, and this is going to change for the better in the coming quarters.

A slowdown in IPOs is likely in 2026 since the irrationality in IPO pricing is becoming increasingly evident. Along with the likely slowdown in IPOs in 2026, when earnings growth picks up as expected, the market will respond positively. Weakness in the market now present buying opportunities in high quality stocks, particularly in largecaps and selectively in midcaps. The weakness in the broader market is likely to continue.

The Fed cut rates by 25 bps yesterday, and the mood across markets immediately turned lighter. Investors were expecting some easing, but the confirmation still brought a sense of relief. For India, this move generally works in our favour — a softer dollar reduces pressure on the rupee, and foreign investors tend to take a more positive view of emerging markets. That usually helps equities hold their ground.

Gold and silver also reacted well. These metals usually shine when rates fall because the dollar weakens and real returns on cash drop. So the Fed’s decision creates a friendlier environment overall, both for Indian markets and for precious metals in the short term.

State Bank of India has received approval from the Reserve Bank of India (RBI) to establish a Section 8 Company under the Companies Act for the Digital Payments Intelligence Platform. The approval is subject to the exemption granted by the Department of Financial Services to SBI.

State Bank of India was quoting at Rs 961.25, up Rs 1.70, or 0.18 percent.

It has touched an intraday high of Rs 965.60 and an intraday low of Rs 958.25.

It was trading with volumes of 152,126 shares, compared to its five day average of 1,098,270 shares, a decrease of -86.15 percent.

In the previous trading session, the share closed up 0.02 percent or Rs 0.20 at Rs 959.55.

The share touched a 52-week high of Rs 999.10 and a 52-week low of Rs 679.65 on 26 November, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 3.79 percent below its 52-week high and 41.43 percent above its 52-week low.

Market capitalisation stands at Rs 887,293.12 crore.

The Sensex was down 164.43 points or 0.19 percent at 84,226.84, and the Nifty was down 37.15 points or 0.14 percent at 25,720.85. About 1400 shares advanced, 1787 shares declined, and 157 shares unchanged.

JSW Cement was quoting at Rs 114.05, down Rs 1.25, or 1.08 percent.

It has touched an intraday high of Rs 115.90 and an intraday low of Rs 113.50.

In the previous trading session, the share closed up 2.72 percent or Rs 3.05 at Rs 115.30.

The share touched a 52-week high of Rs 162.20 and a 52-week low of Rs 106.65 on 04 September, 2025 and 04 December, 2025, respectively.

Currently, the stock is trading 29.69 percent below its 52-week high and 6.94 percent above its 52-week low.

Market capitalisation stands at Rs 15,549.18 crore.

SEPC announced the successful execution of a settlement deed with Hindustan Copper, concluding all inter-se claims and counterclaims arising from the arbitration proceedings. Under the terms of the settlement, SEPC will receive Rs 30,44,80,495 as full and final settlement, marking the closure of all pending arbitration matters between the two parties.

SEPC was quoting at Rs 8.92, up Rs 0.08, or 0.90 percent.

It has touched an intraday high of Rs 8.94 and an intraday low of Rs 8.77.

It was trading with volumes of 110,232 shares, compared to its five day average of 716,045 shares, a decrease of -84.61 percent.

In the previous trading session, the share closed down 0.56 percent or Rs 0.05 at Rs 8.84.

The share touched a 52-week high of Rs 24.73 and a 52-week low of Rs 8.50 on 17 December, 2024 and 09 December, 2025, respectively.

Currently, the stock is trading 63.93 percent below its 52-week high and 4.94 percent above its 52-week low.

Market capitalisation stands at Rs 1,574.52 crore.

Union Bank of India was quoting at Rs 149.45, up Rs 1.60, or 1.08 percent.

It has touched an intraday high of Rs 150.60 and an intraday low of Rs 147.80.

It was trading with volumes of 1,319,522 shares, compared to its five day average of 517,635 shares, an increase of 154.91 percent.

In the previous trading session, the share closed down 1.66 percent or Rs 2.50 at Rs 147.85.

The share touched a 52-week high of Rs 160.10 and a 52-week low of Rs 100.75 on 02 December, 2025 and 13 January, 2025, respectively.

Currently, the stock is trading 6.65 percent below its 52-week high and 48.34 percent above its 52-week low.

Market capitalisation stands at Rs 114,084.24 crore.