Stock Market LIVE Updates: Sensex, Nifty trade flat; Coal India, Shriram Finance, NTPC top gainers

Indian benchmark indices ended with little change in the volatile session on December 23. At close, the Sensex was down 42.64 points or 0.05 percent at 85,524.84, and the Nifty was up 4.75 points or 0.02 percent at 26,177.15.

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 traded in a subdued manner on the weekly expiry day and ended almost unchanged, taking a pause after the recent rebound. Following a steady start, the Nifty oscillated within a tight range with a mild positive bias and eventually settled at 26,177.15. Sectoral participation remained rotational, with metals, FMCG and energy witnessing buying interest, while IT and pharma saw selective pressure. The broader markets moved largely in line with the benchmark and closed flat to marginally positive.

With the holiday-shortened week ahead of the New Year and the absence of major domestic triggers, global cues continue to dictate market direction. This has led to selective positioning rather than aggressive trades, while foreign flows remained mixed.

Going forward, some consolidation in the index is likely after the recent rebound; however, the overall tone is expected to remain positive. We therefore continue to recommend a buy-on-dips approach, with an emphasis on stock selection based on relative strength. A decisive move above the 26,300 level would be required to generate fresh directional momentum, while support remains intact in the 25,950–26,050 zone.

Indian equity benchmarks ended marginally lower on Tuesday, snapping a two-session winning streak, as markets lacked fresh triggers and foreign institutional investors resumed selling. The Sensex traded close to the flat line through most of the session before closing lower, while the Nifty slipped slightly below the 26,200 level despite intraday stability.

Market sentiment remained mixed. Global cues were largely supportive, with Asian markets trading higher and US futures steady, but domestic equities faced pressure from selective selling in index heavyweights, including Infosys and ICICI Bank. The absence of sustained buying interest following Monday’s rally contributed to some profit-taking.

Sectoral and stock-specific movements dominated trading. Cement stocks were in focus after Ambuja Cements announced board approval for a major merger involving ACC and Orient Cement, leading to gains of up to 10 percent in Ambuja Cements and Orient Cement shares. Railway and PSU-linked stocks such as IRCON, RVNL, and RailTel continued to see interest, supported by order inflows and expectations around upcoming policy developments.

In the broader market, select infrastructure and capital goods stocks advanced on project-related updates, while IT stocks showed mixed performance after recent gains. Shares of newly listed Meesho remained under pressure, extending their post-IPO correction.

Flows and macro indicators presented a mixed picture. Foreign institutional investors turned cautious after brief buying activity, while bond yields edged higher, with the 10-year government bond yield moving toward 6.70 percent amid supply-related concerns. The rupee remained relatively stable, supported by demand in the forward market, even as currency volatility stayed elevated.

Overall, equity markets appear to be consolidating near record levels, with stock-specific factors driving near-term moves. While broader conditions remain supported by global cues and longer-term expectations around monetary policy, near-term direction is likely to remain range-bound as investors monitor FII flows, interest rate trends, and year-end positioning.

On the weekly expiry session, the benchmark index Nifty moved in a remarkably tight band, reflecting a day dominated by consolidation. The index oscillated within a narrow 114 point range and eventually closed at 26177, marking a marginal gain of 0.02%. On the daily chart, Nifty printed a candle with shadows on both ends, indicating indecision among market participants after the recent pullback rally.

Adding to the day’s notable highlights, the India VIX slipped further and recorded its lowest-ever close on Tuesday, underscoring the persistent decline in market volatility and the growing complacency among traders.

In the Nifty constituents’ lineup, Coal India and Shri Ram Finance emerged as the top performers, lending some support to the index. On the flip side, heavyweight counters like Infosys and Bharti Airtel came under pressure and ended as the major laggards.

Across sectoral indices, Nifty Media and Nifty FMCG ended on a positive note. Meanwhile, Nifty IT and Nifty PSU Bank dragged the market lower, contributing to the flat-to-negative sentiment.

Moving to the broader market, the Nifty Midcap 100 closed almost unchanged, reflecting a subdued undertone. However, the Nifty Small Cap 100 showed resilience and outshone the frontline indices with a gain of 0.37%. Market breadth remained slightly positive, with the advance–decline ratio tilted in favour of advancers. Within the Nifty 500 universe, 272 stocks managed to close in the green, indicating selective buying across the broader space.

Nifty View

Going ahead, considering the current chart structure, the Nifty is likely to extend its northward journey in the next couple of trading sessions. As per the measure rule of the Double Bottom pattern, the upside target is placed at 26420 in the short term. While on the downside, the 20-day EMA zone of 26000-25950 will act as crucial support for the index.

Bank Nifty View

The banking benchmark index, Bank Nifty, traded in a narrow range of 185 points, which was the lowest daily range since May 18, 2024. It has formed a small body candle, which shows indecisiveness.

Going ahead, the zone of 59500-59600 will act as a crucial hurdle for the index. Any sustainable move above 59600 will lead to a sharp upside rally upto the 60000, followed by the 60500 level in the short term. On the downside, the zone of 59100-59000 will act as important support for the index.

After showing sharp upmove in the last couple of sessions, Nifty cooled off its trend on Tuesday and closed the day on a consolidation mode. After opening on a positive note, the market shifted into a narrow range movement for better part of the session. Minor softness was seen towards the end and Nifty eventually closed on a flat to positive note.

A small red candle was formed on the daily chart with minor upper and lower shadow. Technically, this market action indicates a formation of breather type pattern after a sharp upmove recently. This market action could be an uptrend continuation pattern.

The underlying trend of Nifty remains positive. The market is expected to resume its uptrend after 1 or 2 sessions of consolidation movement or range bound action. Immediate support is placed at 26050. Next upside levels to be watched around 26300-26400 levels.

The Indian rupee ended flat for the second straight session on Tuesday, as year-end rebalancing neutralised the losses. Despite this temporary stability, the combination of surging forward premiums, rising bond yields, and thinning liquidity points toward a volatile path ahead.

The USDINR pair is slated for consolidation between 89.10 and 90.30, with a trend reversal only likely on a move below 89.

The domestic market traded in a narrow range and ended flat amid mixed global cues. Selling pressure persisted across most sectors, though financials and FMCG offered marginal support.

Going forward, investors are positioning for the next earnings season and monitoring evolving Fed policy expectations, as rate cut probabilities are slowly inching up for the January meeting. While an improving domestic demand outlook provides underlying support, uncertainty around global trade negotiations and the trajectory of the rupee will continue to influence sentiment.

Indian rupee ended flat at 89.66 per dollar on Tuesday versus Monday's close of 89.65.

Indian benchmark indices ended with little change in the volatile session on December 23.

At close, the Sensex was down 42.64 points or 0.05 percent at 85,524.84, and the Nifty was up 4.75 points or 0.02 percent at 26,177.15. About 2146 shares advanced, 1725 shares declined, and 130 shares unchanged.

Coal India, Shriram Finance, UltraTech Cement, Tata Motors Passenger Vehicles, Power Grid Corp were among major gainers on the Nifty, while losers were Infosys, Bharti Airtel, Cipla, Tech Mahindra, Axis Bank.

On the sectoral front, IT, Healthcare, PSU Bank, realty down 0.2-0.8 percent, while media index up 0.6 percent and metal index rose 0.5 percent, PSU index up 0.5 percent and energy index up 0.6 percent.

The BSE midcap index ended flat, while smallcap index rose 0.4 percent.

Steel Authority of India was quoting at Rs 132.50, up Rs 2.40, or 1.84 percent.

It has touched an intraday high of Rs 133.90 and an intraday low of Rs 129.95.

It was trading with volumes of 960,891 shares, compared to its five day average of 769,770 shares, an increase of 24.83 percent.

In the previous trading session, the share closed up 3.34 percent or Rs 4.20 at Rs 130.10.

The share touched a 52-week high of Rs 145.90 and a 52-week low of Rs 99.20 on 13 November, 2025 and 12 February, 2025, respectively.

Currently, the stock is trading 9.18 percent below its 52-week high and 33.57 percent above its 52-week low.

Market capitalisation stands at Rs 54,729.46 crore.

#1 Amalgamation of ACC & Orient with Ambuja is expected to deliver around 10 percent value accretion for shareholders

#2 Boards have approved transaction with a swap ratio of 328:100 for ACC & 33:100 for Orient

#3 ACC’s sharp discount & prolonged underperformance versus Ambuja support value accretion for Ambuja shareholders

#4 Transaction is subject to multiple approvals, including minority shareholder consent

#5 Ambuja: outperform call, target price at Rs 680

#6 ACC: hold call, target price at Rs 2,035

The Sensex was down 28.25 points or 0.03 percent at 85,539.23, and the Nifty was up 12.20 points or 0.05 percent at 26,184.60. About 2089 shares advanced, 1751 shares declined, and 136 shares unchanged.

#1 Company to acquire Nexans Auto’s wiring harness business

#2 Acquisition enables entry into the global PV wiring harness segment through an attractive transaction

#3 Nomura expects the potential transaction to be cash EPS-accretive

#4 Acquisition is believed to be attractively valued at 4.3x CY24 EV/EBITDA

#5 Could potentially lead to EPS accretion of 2 percent in first year itself

#6 The stock is currently trading at 18x FY28 EPS

Samvardhana Motherson International was quoting at Rs 119.90, down Rs 1.15, or 0.95 percent.

It has touched a 52-week high of Rs 122.35.

It has touched an intraday high of Rs 122.35 and an intraday low of Rs 119.55.

Network 18 Media & Investments was quoting at Rs 44.24, up Rs 1.59, or 3.73 percent.

It has touched an intraday high of Rs 44.30 and an intraday low of Rs 42.49.

It was trading with volumes of 229,266 shares, compared to its five day average of 95,031 shares, an increase of 141.25 percent.

In the previous trading session, the share closed up 1.84 percent or Rs 0.77 at Rs 42.65.

The share touched a 52-week high of Rs 76.76 and a 52-week low of Rs 39.55 on 24 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 42.37 percent below its 52-week high and 11.86 percent above its 52-week low.

Market capitalisation stands at Rs 6,821.81 crore.

Indian rupee is trading marginally lower at 89.75 per dollar versus previous close of 89.65.

Heavily traded midcap names reflected sharp stock-specific moves on Tuesday. Vodafone Idea topped the Nifty Midcap 100 activity charts by volume, while BSE Limited and Dixon Technologies saw strong turnover by value. On the gainers’ side, Rail Vikas Nigam and NMDC advanced firmly, while Coforge and MM Financial featured among the most active losers, underscoring divergence within the broader market.

Financials and PSU names dominated the list of the most active Nifty 100 stocks by value and volume on Tuesday. Shriram Finance, Cholamandalam Investment and HDFC Bank saw heavy trading alongside strong gains, while Coal India and IRFC also featured among the most traded stocks. On the downside, IT majors Infosys and TCS saw high activity amid modest declines, reflecting sectoral divergence in an otherwise range-bound market.

ACC slipped to a fresh 52-week low during Tuesday’s session, touching Rs 1,804.80. The stock was trading lower at around Rs 1,758.50, underperforming even as the broader market stayed largely range-bound.

Several Nifty Midcap 100 stocks scaled fresh 52-week highs during Tuesday’s session, pointing to continued stock-specific momentum in the broader market. NMDC, Vodafone Idea, Hindustan Zinc, UPL, NALCO, Bharat Forge and MM Financial touched new one-year peaks, even as headline indices remained range-bound.

Several Nifty 100 stocks touched fresh 52-week highs on Tuesday, led by Shriram Finance at Rs 955.80. Hindustan Zinc, Eicher Motors, Maruti Suzuki and Motherson also hit new one-year peaks during the session, signalling selective strength despite a range-bound broader market.

Belrise Industries promoter Sumedh Tools sells 6.56% equity in company via block deals. The sale is part of promoter group stake rationalisation. Promoter stake sale does not result in any change in control or management of the company.

At 2:00 pm, the Sensex was up 34.8 points or 0.04 percent at 85,602.3, and the Nifty was up 27 points or 0.1 percent at 26,199.4. About 2112 shares advanced, 1666 shares declined, and 150 shares unchanged.

The Sensex was up 12.73 points or 0.01 percent at 85,580.21, and the Nifty was up 22.75 points or 0.09 percent at 26,195.15. About 2130 shares advanced, 1644 shares declined, and 152 shares unchanged.

IRB Infrastructure Developers was quoting at Rs 42.51, up Rs 0.50, or 1.19 percent.

It has touched an intraday high of Rs 42.70 and an intraday low of Rs 41.95.

It was trading with volumes of 563,767 shares, compared to its five day average of 473,525 shares, an increase of 19.06 percent.

Helix Healthcare B.V., a wholly owned subsidiary of Aurobindo Pharma, has entered into a binding agreement with Shandong Luoxin Pharmaceutical Group Stock Co., Ltd., China (Shandong Luoxin), the joint venture partner in Luoxin Aurovitas Pharma (Chengdu) Co. Ltd, China (Luoxin Aurovitas), a 30:70 joint venture company between Helix and Shandong Luoxin, to acquire 20% additional ownership in Luoxin Aurovitas.

Aurobindo Pharma was quoting at Rs 1,210.10, down Rs 14.15, or 1.16 percent.

It has touched an intraday high of Rs 1,235.90 and an intraday low of Rs 1,210.10.

It was trading with volumes of 5,553 shares, compared to its five day average of 59,750 shares, a decrease of -90.71 percent.

#1 Company leads its focus segments with first-mover advantage & a strong partner ecosystem

#2 MS expects a 19 percent revenue CAGR in FY25-28 & EBIT margin of 20 percent by FY28 on an asset-light shift

#3 Equal-Weight is assigned at a full valuation of 28x FY28 EV/EBITDA

Pine Labs was quoting at Rs 232.85, down Rs 0.80, or 0.34 percent.

It has touched an intraday high of Rs 237.90 and an intraday low of Rs 231.85.

In the previous trading session, the share closed down 3.85 percent or Rs 9.35 at Rs 233.65.

The share touched a 52-week high of Rs 283.70 and a 52-week low of Rs 219.60 on 14 November, 2025 and 17 December, 2025, respectively.

Currently, the stock is trading 17.92 percent below its 52-week high and 6.03 percent above its 52-week low.

Market capitalisation stands at Rs 26,737.62 crore.

Soma Papers & Industries' wholly owned subsidiary, KS Smart Solutions has been awarded a project of Rs 172.65 crore (approx.) by the School Education Department, Government of Punjab.

The project involves the deployment and commissioning of IT infrastructure across government educational institutions in the State of Punjab, comprising 23,846 mid-level desktop computing systems and 23,207 line-interactive UPS systems, along with associated installation and system readiness activities at designated locations.

CSB Bank was quoting at Rs 414.35, down Rs 0.30, or 0.07 percent.

It has touched an intraday high of Rs 415.55 and an intraday low of Rs 408.20.

It was trading with volumes of 4,931 shares, compared to its five day average of 13,434 shares, a decrease of -63.30 percent.

In the previous trading session, the share closed up 4.82 percent or Rs 19.05 at Rs 414.65.

The share touched a 52-week high of Rs 446.20 and a 52-week low of Rs 266.05 on 10 November, 2025 and 05 March, 2025, respectively.

Currently, the stock is trading 7.14 percent below its 52-week high and 55.74 percent above its 52-week low.

Market capitalisation stands at Rs 7,188.39 crore.

Gold and silver are closing 2025 firmly in macro-hedge territory rather than trading as conventional commodities. Spot gold is holding near $4,420–$4,440 per ounce, while silver trades around $68–$69 per ounce, both hovering close to record highs. Despite the Federal Reserve’s recent 25 bps rate cut, U.S. 10-year yields remain elevated near 4.2%, reinforcing the market’s concern over long-term inflation, fiscal sustainability, and rising term premia.

This yield resilience explains gold’s consolidation rather than a sharp breakout, as investors balance rate relief against structural debt risks.

Silver continues to outperform on a relative basis, benefiting from its dual role as a monetary metal and an industrial asset, positioning it for further upside after any near-term retracement.

With expanding U.S. debt issuance, persistent geopolitical uncertainty, and potential volatility from global carry-trade unwinds, particularly linked to Japan, precious metals remain strategically bid. We view pullbacks in gold as accumulation opportunities, while silver offers a higher-beta expression of macro stress heading into 2026.

QIB – 0.34 times

NII - 2.50 times

Retail – 8.65 times

Overall – 2.26 times

Dev Information Technology has secured a work order issued from esteem office of Knowledge Consortium of Gujarat (KCG), established by the Department of Education, Government of Gujarat.

This project entails the delivery of Microsoft Office suite consisting office automation software applications based tools in Education department’s colleges like Arts and Science College, Commerce College, Engineering college and Govt. Polytechnic. These  automation tools will be deployed by Dev Information Technology Limited at the Taluka and District level colleges.

Dev Information Technology was quoting at Rs 39.94, up Rs 0.89, or 2.28 percent.

Ambuja Cements, part of the Adani Group, has received approval from its Board of Directors for two separate Schemes of Amalgamation to merge ACC and Orient Cement with itself, creating a single consolidated ‘One Cement Platform’.

Under the scheme, Ambuja will issue 328 equity shares to eligible shareholders of ACC for every 100 shares held, and 33 equity shares to eligible shareholders of Orient Cement for every 100 shares held.

Ambuja Cements was quoting at Rs 550.55, up Rs 10.55, or 1.95 percent.

It has touched an intraday high of Rs 563.25 and an intraday low of Rs 548.00.

It was trading with volumes of 538,068 shares, compared to its five day average of 28,079 shares, an increase of 1,816.26 percent.

The company announced a corporate restructuring plan involving a composite scheme of arrangement to consolidate the group’s real estate interests and subsequently demerge the consolidated business into a newly formed entity, Lloyds Realty, which will be independently listed.

Lloyds Enterprises was quoting at Rs 70.70, down Rs 2.65, or 3.61 percent.

It has touched an intraday high of Rs 75.40 and an intraday low of Rs 69.70.

It was trading with volumes of 328,648 shares, compared to its five day average of 429,685 shares, a decrease of -23.51 percent.

The Sensex was down 1.77 points at 85,565.71, and the Nifty was up 15.30 points or 0.06 percent at 26,187.70. About 2109 shares advanced, 1601 shares declined, and 160 shares unchanged.

Ola today announced the expansion of its Hyperservice initiative with the launch of dedicated Hyperservice Centres, designed to offer same-day service guarantee to eligible customers at no additional cost. As part of this expansion, Ola will progressively upgrade its existing service centres into Hyperservice Centres, starting with Bengaluru. The first Hyperservice Centre is now operational in Indiranagar, Bengaluru.

Ola Electric Mobility was quoting at Rs 35.07, up Rs 0.40, or 1.15 percent.

It has touched an intraday high of Rs 36.10 and an intraday low of Rs 34.17.

It was trading with volumes of 6,023,440 shares, compared to its five day average of 15,301,081 shares, a decrease of -60.63 percent.

In the previous trading session, the share closed up 0.78 percent or Rs 0.27 at Rs 34.67.

The share touched a 52-week high of Rs 99.90 and a 52-week low of Rs 30.79 on 26 December, 2024 and 18 December, 2025, respectively.

Currently, the stock is trading 64.89 percent below its 52-week high and 13.9 percent above its 52-week low.

Market capitalisation stands at Rs 15,468.78 crore.

Indian rupee is trading lower at 89.75 per dollar against previous close of 89.65.

The company has been declared L1 (lowest bidder) for an order valued at Rs 670 crore, in consortium with ISCPPL. The project, awarded by NHAI, involves the construction of a four-lane elevated road in the Jodhpur city portion from Mahamandir to Akhaliya Chouraha in Rajasthan, under the HAM mode.

The company’s subsidiary, Antony Lara Enviro Solutions, has received a contract worth Rs 329.45 crore from the Thane Municipal Corporation for the development of a 600–800 TPD mixed solid waste processing plant in Bhiwandi, Maharashtra.

Antony Waste Handling Cell was quoting at Rs 536.35, up Rs 39.85, or 8.03 percent.

It has touched an intraday high of Rs 555.20 and an intraday low of Rs 522.00.

It was trading with volumes of 254,841 shares, compared to its five day average of 206,612 shares, an increase of 23.34 percent.

The Great Eastern Shipping Company delivered its 2005 built Suezmax Crude Tanker “Jag Lok” to the buyers. The vessel was  contracted for sale in September 2025.

After this transaction, the company’s current owned fleet stands at 39 vessels, comprising 25 tankers (5 Crude Tankers, 16 Product Tankers, 4 LPG Carriers) and 14 Dry Bulk Carriers (2 Capesize, 10 Kamsarmax, 2 Supramax), aggregating 3.17 mn dwt.

Additionally, the company has contracted to buy one secondhand Very Large Gas Carrier, one secondhand Ultramax Dry Bulk Carrier and sell one Kamsarmax Dry Bulk Carrier “Jag Aarati”. These purchase and sale transactions are expected to be completed in Q4 FY26.

Great Eastern Shipping Company was quoting at Rs 1,107.65, down Rs 4.65, or 0.42 percent.

It has touched an intraday high of Rs 1,136.40 and an intraday low of Rs 1,102.65.

It was trading with volumes of 10,178 shares, compared to its five day average of 62,202 shares, a decrease of -83.64 percent.

HFCL was quoting at Rs 66.75, up Rs 2.79, or 4.36 percent.

It has touched an intraday high of Rs 67.13 and an intraday low of Rs 63.75.

It was trading with volumes of 647,419 shares, compared to its five day average of 540,563 shares, an increase of 19.77 percent.

In the previous trading session, the share closed down 0.33 percent or Rs 0.21 at Rs 63.96.

The share touched a 52-week high of Rs 116.65 and a 52-week low of Rs 63.45 on 27 December, 2024 and 19 December, 2025, respectively.

Currently, the stock is trading 42.78 percent below its 52-week high and 5.2 percent above its 52-week low.

Market capitalisation stands at Rs 9,629.84 crore.

HCLSoftware, the software business division of HCLTech, announced its intent to acquire Jaspersoft, a business unit of Cloud Software Group and a provider of a leading embedded analytics and pixel-perfect reporting platform, for $240 million.

Additionally, HCLSoftware will acquire Wobby, an early-stage start-up providing AI data analyst “agents” for data warehouses, based in Antwerp, Belgium, for Euro 4.5 million.

HCL Technologies was quoting at Rs 1,680, up Rs 10, or 0.60 percent.

It has touched an intraday high of Rs 1,685.95 and an intraday low of Rs 1,657.

It was trading with volumes of 33,192 shares, compared to its five day average of 156,488 shares, a decrease of -78.79 percent.

IRCTC will stop trading in the F&O segment effective February 25, 2026. Existing unexpired contracts with expiry months December 2025, January 2026, and February 2026 will continue to be available for trading until their respective expiries, and new strikes will also be introduced in the existing contract months.

IRCTC - Indian Railway Catering & Tourism Corp was quoting at Rs 685.05, up Rs 3.50, or 0.51 percent.

It has touched an intraday high of Rs 687.40 and an intraday low of Rs 681.10.

It was trading with volumes of 50,858 shares, compared to its five day average of 66,507 shares, a decrease of -23.53 percent.

Titagarh Rail Systems was quoting at Rs 848, up Rs 29.20, or 3.57 percent.

It has touched an intraday high of Rs 858 and an intraday low of Rs 813.50.

It was trading with volumes of 207,529 shares, compared to its five day average of 44,724 shares, an increase of 364.02 percent.

In the previous trading session, the share closed up 4.31 percent or Rs 33.85 at Rs 818.80.

The share touched a 52-week high of Rs 1,260.90 and a 52-week low of Rs 655.30 on 24 December, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 32.75 percent below its 52-week high and 29.41 percent above its 52-week low.

Market capitalisation stands at Rs 11,420.34 crore.

KSH International made a muted debut on the stock market, with its shares listing at a discount of approximately -3.6 to - 4% to the IPO price. The stock opened at Rs 370 on both the BSE and NSE, compared with the IPO price of Rs 384, indicating cautious investor sentiment at debut.

KSH International operates as a manufacturer of magnet winding wires, supplying specialized components used in transformers, motors, generators and other capital goods.

The company benefits from demand tied to electrification, renewable energy, EVs and power infrastructure growth, with a diversified customer base across India and global markets.

A significant portion of the IPO funds was earmarked for repayment of debt, intended to strengthen the balance sheet. Other proceeds were planned for capex, including new machinery and facility expansion, alongside general corporate purposes.

The subdued listing performance reflects mixed investor interest, likely influenced by tepid public subscription, limited grey market premium, and neutral to cautious analyst outlooks on near-term gains. Short-term investors and traders can exit the position and long-term investors hold the issue with the stoploss of Rs 350.

The primary market in 2025 showed a healthy and mature performance, even though it was not uniformly buoyant. IPO activity was driven more by quality than quantity, with a handful of large and fundamentally strong companies attracting the bulk of investor interest. India stood out as one of the leading global IPO markets, supported by strong domestic participation from retail and institutional investors.

While listing-day gains were more moderate compared to previous years, this reflected better pricing discipline rather than weakness. Overall, 2025 highlighted a more balanced and thoughtful primary market, where investors focused on sustainable businesses instead of chasing short-term hype.

Due to the malfunctioning of a critical production equipment at the company’s newly set up mABP plant at Amdoshi, Maharashtra, operations at the said plant have been temporarily shut down.

Supreme Petrochem was quoting at Rs 649.55, up Rs 4.00, or 0.62 percent.

It has touched an intraday high of Rs 658.30 and an intraday low of Rs 618.25.

It was trading with volumes of 6,061 shares, compared to its five day average of 6,797 shares, a decrease of -10.83 percent.

In the previous trading session, the share closed up 3.12 percent or Rs 19.55 at Rs 645.55.

The share touched a 52-week high of Rs 981.65 and a 52-week low of Rs 518.05 on 29 September, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 33.83 percent below its 52-week high and 25.38 percent above its 52-week low.

Market capitalisation stands at Rs 12,214.23 crore.

QIB – 0.34 times

NII - 2.38 times

Retail – 7.89 times

Overall – 2.11 times

#1 Management is confident of achieving Rs 12,000 crore revenue by FY31, targeting an 18 percent CAGR

#2 Company can achieve Rs 700–750 crore revenue from the current gross block

#3 Will require an additional Rs 2,000–2,500 crore investment by FY29 to achieve the FY31 target

#4 Plywood execution remains strong

#5 MDF margin is expected to turn around from H2FY27 onwards

#6 Laminates turnaround is in progress

#7 Particle board is expected to record EBITDA breakeven by Q3FY26

#8 The stock currently trades at 31x FY28 EPS

Century Plyboards was quoting at Rs 832.20, up Rs 4.15, or 0.50 percent.

It has touched an intraday high of Rs 855 and an intraday low of Rs 832.20.

It was trading with volumes of 7,152 shares, compared to its five day average of 3,296 shares, an increase of 116.98 percent.

In the previous trading session, the share closed up 0.67 percent or Rs 5.55 at Rs 828.05.

The share touched a 52-week high of Rs 895 and a 52-week low of Rs 630 on 07 February, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 7.02 percent below its 52-week high and 32.1 percent above its 52-week low.

Market capitalisation stands at Rs 18,489.24 crore.

Railtel Corporation of India was quoting at Rs 368.55, up Rs 26.95, or 7.89 percent.

It has touched an intraday high of Rs 368.90 and an intraday low of Rs 341.80.

It was trading with volumes of 343,060 shares, compared to its five day average of 365,994 shares, a decrease of -6.27 percent.

In the previous trading session, the share closed up 2.58 percent or Rs 8.60 at Rs 341.60.

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 23.03 percent below its 52-week high and 38.92 percent above its 52-week low.

Market capitalisation stands at Rs 11,828.18 crore.

#1 Company to acquire Nexans Auto’s wiring harness business

#2 Acquisition enables entry into the global PV wiring harness segment through an attractive transaction

#3 Nomura expects the potential transaction to be cash EPS-accretive

#4 Acquisition is believed to be attractively valued at 4.3x CY24 EV/EBITDA

#5 Could potentially lead to EPS accretion of 2 percent in first year itself

#6 The stock is currently trading at 18x FY28 EPS

Samvardhana Motherson International was quoting at Rs 120.25, down Rs 0.80, or 0.66 percent.

It has touched a 52-week high of Rs 122.35.

It has touched an intraday high of Rs 122.35 and an intraday low of Rs 119.55.

Dilip Buildcon has received letter of award (LOA) from Madhya Pradesh Urja Vikas Nigam (MPUVNL) for a total capacity of 1363.55 MW AC under the Non-DCR category.

This project involves the establishment of grid-connected Solar PV-based Power Plants under the Feeder Solarization component of the PM KUSUM - C (Surya Mitra Krishi Solarization).

The power generated will be sold to Madhya Pradesh Power Management Company Limited (MPPMCL) for 25 years.

The project will be implemented through multiple Special Purpose Vehicles (SPVs), and Dilip Buildcon shall secure an EPC business opportunity valued at approximately Rs 4900 crores (excluding GST) to be executed over the next 18 months.

Dilip Buildcon was quoting at Rs 471.00, down Rs 4.00, or 0.84 percent, on the BSE.

Shakti Pumps (India) has received a Letter of Empanelment/Award from Maharashtra State Electricity Distribution Company for 12,883 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 12,883 pumps is around Rs 356.77 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 752, up Rs 38.10, or 5.34 percent.

It has touched an intraday high of Rs 768.05 and an intraday low of Rs 710.15.

It was trading with volumes of 251,441 shares, compared to its five day average of 1,861,895 shares, a decrease of -86.50 percent.

Angel One has been awarded the ISO 22301:2019 Certification for its Business Continuity Management System (BCMS) by Intertek Certification.

Angel One was quoting at Rs 2,571.10, down Rs 10.20, or 0.40 percent.

It has touched an intraday high of Rs 2,584.95 and an intraday low of Rs 2,546.50.

It was trading with volumes of 4,742 shares, compared to its five day average of 33,853 shares, a decrease of -85.99 percent.

In the previous trading session, the share closed up 2.54 percent or Rs 63.95 at Rs 2,581.30.

The share touched a 52-week high of Rs 3,283.00 and a 52-week low of Rs 1,942.00 on 05 June, 2025 and 13 March, 2025, respectively.

Currently, the stock is trading 21.68 percent below its 52-week high and 32.39 percent above its 52-week low.

Market capitalisation stands at Rs 23,355.70 crore.

RITES has received letter of award from Ndalama Capital (Pty) Ltd., South Africa of USD 35,200,000 for supply and commissioning of in service diesel electric locomotives.

RITES was quoting at Rs 238.65, up Rs 6.05, or 2.60 percent.

It has touched an intraday high of Rs 241.70 and an intraday low of Rs 234.50.

It was trading with volumes of 1,887,016 shares, compared to its five day average of 439,807 shares, an increase of 329.06 percent.

In the previous trading session, the share closed up 2.67 percent or Rs 6.05 at Rs 232.60.

The share touched a 52-week high of Rs 316 and a 52-week low of Rs 192.40 on 05 June, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 24.48 percent below its 52-week high and 24.04 percent above its 52-week low.

Market capitalisation stands at Rs 11,469.61 crore.

The company’s subsidiary, Lenskart Singapore, approved the acquisition of 2.5 lakh ordinary shares, representing 50% of the total issued share capital of Marco Optical (Thailand) Co (Sunrise Thailand), from Matt Optical, an existing investor.

Following the acquisition, Sunrise Thailand will become a joint venture between Lenskart Singapore and Matt Optical, with both holding 50% each of its issued share capital.

Lenskart Solutions was quoting at Rs 477.20, up Rs 10.95, or 2.35 percent.

It has touched an intraday high of Rs 492.70 and an intraday low of Rs 453.

It was trading with volumes of 620,115 shares, compared to its five day average of 681,033 shares, a decrease of -8.94 percent.

In the previous trading session, the share closed down 0.27 percent or Rs 1.25 at Rs 466.25.

The Sensex was down 29.55 points or 0.03 percent at 85,537.93, and the Nifty was up 5.35 points or 0.02 percent at 26,177.75. About 2047 shares advanced, 1447 shares declined, and 174 shares unchanged.

The company has announced the cancellation of a Letter of Award worth Rs 1,642 crore received from Carbonminus Maharashtra One.

This development is not expected to have any material adverse impact on the company’s ongoing operations, financial position, or growth outlook.

Vikran Engineering was quoting at Rs 87.55, down Rs 2.25, or 2.51 percent.

It has touched an intraday high of Rs 89.00 and an intraday low of Rs 87.20.

In the previous trading session, the share closed up 0.84 percent or Rs 0.75 at Rs 89.80.

The share touched a 52-week high of Rs 118.40 and a 52-week low of Rs 84.50 on 20 November, 2025 and 18 December, 2025, respectively.

Currently, the stock is trading 26.06 percent below its 52-week high and 3.61 percent above its 52-week low.

Market capitalisation stands at Rs 2,258.01 crore.

Granules India board approves fund raise of up to Rs 1,462.5 crore via issue of warrants at Rs 585/warrant.

Granules India was quoting at Rs 603.50, up Rs 2.60, or 0.43 percent.

It has touched an intraday high of Rs 609.50 and an intraday low of Rs 597.70.

It was trading with volumes of 69,012 shares, compared to its five day average of 40,719 shares, an increase of 69.48 percent.

The company has entered into an exclusive Teaming and Strategic Agreement with Plasan SASA, Israel, for technical and business cooperation.

Belrise Industries was quoting at Rs 175.25, up Rs 16.60, or 10.46 percent.

It has touched a 52-week high of Rs 179.95.

It has touched an intraday high of Rs 179.95 and an intraday low of Rs 161.20.

Indowind has entered into an in- principle agreement for the acquisition of about 5.1 MW operational wind power project.

The proposed acquisition is expected in the range of Rs 200-250 million.

Indowind Energy was quoting at Rs 14.28, down Rs 0.37, or 2.53 percent.

It has touched an intraday high of Rs 14.65 and an intraday low of Rs 14.16.

It was trading with volumes of 4,111 shares, compared to its five day average of 37,431 shares, a decrease of -89.02 percent.

QIB – 0.34 times

NII - 2.20 times

Retail – 6.65 times

Overall – 1.85 times

#1 Amalgamation of ACC & Orient with Ambuja is expected to deliver around 10 percent value accretion for shareholders

#2 Boards have approved transaction with a swap ratio of 328:100 for ACC & 33:100 for Orient

#3 ACC’s sharp discount & prolonged underperformance versus Ambuja support value accretion for Ambuja shareholders

#4 Transaction is subject to multiple approvals, including minority shareholder consent

#5 Ambuja: outperform call, target price at Rs 680

#6 ACC: hold call, target price at Rs 2,035

Ambuja Cements was quoting at Rs 551.25, up Rs 11.25, or 2.08 percent and ACC was quoting at Rs 1,769.25, down Rs 6.55, or 0.37 percent, touching a 52-week low of Rs 1,746.30.

Indian rupee is trading lower at 89.73 per dollar versus Monday's close of 89.65.

Prestige Group has announced the acquisition of a 25-acre land parcel in Medavakkam, Chennai, offering a development potential of approximately 5 million square feet, with an estimated revenue potential of over Rs 5,000 crore.

Prestige Estates Projects was quoting at Rs 1,610, up Rs 6.65, or 0.41 percent.

It has touched an intraday high of Rs 1,618.95 and an intraday low of Rs 1,598.00.

It was trading with volumes of 9,118 shares, compared to its five day average of 44,325 shares, a decrease of -79.43 percent.

Rupesh Kumar has resigned as the Chief Executive Officer of the company, effective December 22, citing personal reasons.

SRM Contractors was quoting at Rs 536.65, down Rs 18.75, or 3.38 percent.

It has touched an intraday high of Rs 550 and an intraday low of Rs 523.35.

It was trading with volumes of 4,872 shares, compared to its five day average of 4,019 shares, an increase of 21.23 percent.

In the previous trading session, the share closed up 3.47 percent or Rs 18.65 at Rs 555.40.

The share touched a 52-week high of Rs 652.25 and a 52-week low of Rs 287.35 on 17 November, 2025 and 04 March, 2025, respectively.

Currently, the stock is trading 17.72 percent below its 52-week high and 86.76 percent above its 52-week low.

Market capitalisation stands at Rs 1,231.30 crore.

The Income Tax Department has concluded its search operations at the company on December 22. The company fully cooperated with officials during the proceedings.

Business operations continued as usual, and there was no impact on operations due to the same.

Man Industries (India) was quoting at Rs 408.55, up Rs 8.20, or 2.05 percent.

It has touched an intraday high of Rs 415.75 and an intraday low of Rs 401.80.

It was trading with volumes of 7,469 shares, compared to its five day average of 30,311 shares, a decrease of -75.36 percent.

In the previous trading session, the share closed down 1.89 percent or Rs 7.70 at Rs 400.35.

The share touched a 52-week high of Rs 490.90 and a 52-week low of Rs 201.45 on 26 November, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 16.78 percent below its 52-week high and 102.8 percent above its 52-week low.

Market capitalisation stands at Rs 3,064.52 crore.

#1 Power demand rebounded in early December after declines in October and November

#2 3.3 GW of renewable capacity was added in November, taking YTD additions to around 31 GW, a record high

#3 Nuclear power opens to private participation following the passage of the SHANTI Bill 2025

The Sensex was down 4.12 points or 0.00 percent at 85,563.36, and the Nifty was up 9.55 points or 0.04 percent at 26,181.95. About 2130 shares advanced, 1129 shares declined, and 173 shares unchanged.

The company has been declared L1 (lowest bidder) for an order valued at Rs 670 crore, in consortium with ISCPPL. The project, awarded by NHAI, involves the construction of a four-lane elevated road in the Jodhpur city portion from Mahamandir to Akhaliya Chouraha in Rajasthan, under the HAM mode.

GPT Infraprojects was quoting at Rs 112.35, up Rs 4.60, or 4.27 percent.

It has touched an intraday high of Rs 117 and an intraday low of Rs 112.20.

It was trading with volumes of 75,282 shares, compared to its five day average of 118,319 shares, a decrease of -36.37 percent.

In the previous trading session, the share closed down 0.14 percent or Rs 0.15 at Rs 107.75.

The share touched a 52-week high of Rs 150 and a 52-week low of Rs 84.75 on 26 December, 2024 and 05 March, 2025, respectively.

Currently, the stock is trading 25.1 percent below its 52-week high and 32.57 percent above its 52-week low.

Market capitalisation stands at Rs 1,419.71 crore.