Closing Bell: Sensex jumps 546 pts, Nifty above 26,100; mid, smallcaps rally

Indian equity indices ended the final session of 2025 on a strong note with Nifty finishing above 26,100 on December 31. At close, Sensex was up 545.52 points or 0.64 percent at 85,220.60, and the Nifty was up 190.75 points or 0.74 percent at 26,129.60.

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.

The Indian resumed its downward trajectory following Tuesday’s pause, weighed down by a rebounding US Dollar against major currencies. For the year 2025, the Rupee emerged as the regional laggard, with spot prices whipsawed by tightening dollar liquidity, surging trade deficit, relatively high US Tariff and capital flows.

We anticipate a period of range-bound consolidation for USDINR, anchored between the 89.40 support and 90.26 resistance levels.

Indian equity benchmarks rebounded sharply on Wednesday, snapping their recent losing streaks as strong buying in metal stocks lifted overall sentiment. The gains supported by broad-based participation and positive market breadth. The rally was led by steel stocks after the government imposed a three-year safeguard duty of up to 12 percent on select steel imports, raising expectations of improved pricing power and profitability for domestic producers. JSW Steel and Tata Steel surged up to 5 percent, driving gains across the metal space.

Sentiment was further aided by a mild decline in crude oil prices, which helped ease inflation concerns, and a cooling in volatility, with India VIX slipping below 9.5. Value buying also emerged after the recent correction, as investors selectively accumulated stocks following multiple sessions of decline in the benchmarks. Broader markets joined the rebound, with mid- and small-cap indices rising up to 1 percent, reinforcing the recovery.

We remain cautious on the durability of the upmove. Persistent foreign institutional investor selling and the lack of fresh global or domestic triggers, particularly on the US–India trade front, continue to cap upside potential. From a technical perspective, while the pullback from lower levels has provided short-term relief, the Nifty needs to decisively move above the 26,000–26,050 zone to signal a clearer reversal. Until then, markets may remain range-bound with a cautious bias, even as bargain buying supports intermittent rebounds.

Today, the Indian equity markets closed the final trading session of 2025 on a positive and confident note, with benchmark indices ending firmly in the green. The Nifty 50 closed at 26,129, while the Sensex gained around 545 points during the session. The year end rally reflected improving risk appetite, supported by stable global cues and encouraging domestic developments.

Overall, Indian equities ended 2025 with high single digit to low double digit annual gains.

The Union Cabinet approved fresh adjusted gross revenue relief for Vodafone Idea. Under the package, AGR dues of about Rs. 87,695 crore have been frozen, with a five year moratorium on payments and repayments pushed out to FY32-41. This significantly eased near term solvency concerns for Vodafone Idea and improved sentiment across the telecom value chain, including infrastructure players like Indus Towers.

On the macro front, recent IIP data pointed to steady manufacturing momentum toward the end of 2025. This reinforced confidence in India’s domestic growth outlook despite global uncertainties. As a result, cyclicals, capital goods, and rate sensitive stocks participated in the year end recovery, even as mid cap performance remained selective.

Meanwhile, metals and steel stocks saw mixed moves. Market assessed India’s decision to impose a five year anti-dumping duty on certain steel imports from China. While the move is structurally positive for domestic producers, some profit-taking was seen after a strong rally, even as the medium term outlook on pricing power remains supportive.

After showing weakness with choppy momentum in the last few sessions, Nifty witnessed sharp breakout on Wednesday and closed the day with healthy gains of 190 points. After opening on a positive note, the market continued with sharp upside momentum for better part of the session. However, there was a minor profit booking seen towards the end and Nifty closed near the highs.

A long bull candle was formed on the daily chart with minor upper shadow. This market action was formed after the formation of doji type candle pattern of Tuesday. Technically, this market action indicates a formation of higher bottom reversal pattern. Nifty has moved up from near the support of ascending trend line. This is positive indication and one may expect more upside in the short term.

The underlying trend of Nifty remains positive. One may expect Nifty to advance towards the crucial overhead resistance of around 26250-26350 levels in the short term before consolidating again at the hurdle. Immediate support is placed at 26000.

Markets ended the 2025 on a strong note, posting a broad-based recovery. Looking ahead, expectations are rising for a constructive rebound in 2026, supported by improving demand conditions. Investor sentiment is likely to hinge on corporate earnings and a potential uptick in nominal GDP growth.

Metal stocks led gains today after the government announced import tariffs on steel products. Meanwhile, the oil & gas sector outperformed on the back of anticipated stable demand and stronger refining margins.

Markets ended the final trading session of the calendar year on a positive note, with the Nifty 50 gaining around 0.74%. The index opened marginally higher and gradually moved towards the 26,200 level during the session. However, profit-taking in the final hour trimmed some of the gains, and the Nifty eventually settled at 26,134. Sectoral participation was broad-based, with energy, metal and auto stocks emerging as the top performers. The broader market outperformed the benchmarks, with both mid- and small-cap indices rising close to 1% each.

Market sentiment was primarily driven by domestic policy developments and stock-specific action. The government’s decision to impose safeguard duties on select steel imports boosted sentiment in the metal space, enhancing earnings visibility for domestic producers. Additionally, notable strength in heavyweight stocks across sectors provided further support to the market. These positives helped offset the impact of continued foreign institutional investor outflows, which otherwise kept overall sentiment cautious.

From a technical standpoint, the Nifty has once again approached the upper end of its prevailing consolidation range near 26,200. A decisive breakout above this level could trigger the next leg of upward momentum, while failure to do so may lead to renewed profit-taking. We maintain a positive yet cautious outlook on the index and recommend a sector-specific approach, with a preference for banking, auto and metal stocks, while remaining selective in other sectors.

Indian rupee ended marginally lower at 89.87 per dollar on Wednesday versus previous close of 89.78.

In 2025 the rupee has a worst performing Asian currency, depreciating 5% versus US dollar.

Indian equity indices ended the final session of 2025 on a strong note with Nifty finishing above 26,100 on December 31.

At close, Sensex was up 545.52 points or 0.64 percent at 85,220.60, and the Nifty was up 190.75 points or 0.74 percent at 26,129.60. About 2555 shares advanced, 1330 shares declined, and 123 shares unchanged.

BSE Midcap and smallcap indices added 1% each.

Biggest Nifty gainers were JSW Steel, Tata Steel, ONGC, SBI Life Insurance, Kotak Mahindra Bank, while losers included TCS, Bajaj Finance, Tech Mahindra, Grasim Industries and Infosys.

On the sectoral front, except IT and telecom, all other indices closed in the green with metal, media, capital goods, realty, Private Bank, PSU Bank, consumer durables, power up 1% each, while oil & gas index rose 2.5%.

Pidilite Industries was quoting at Rs 1,475, up Rs 24.85, or 1.71 percent.

It has touched an intraday high of Rs 1,480 and an intraday low of Rs 1,450.

It was trading with volumes of 7,002 shares, compared to its five day average of 11,220 shares, a decrease of -37.59 percent.

In the previous trading session, the share closed down 0.13 percent or Rs 1.85 at Rs 1,450.15.

The share touched a 52-week high of Rs 1,575 and a 52-week low of Rs 1,310.08 on 03 September, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 6.35 percent below its 52-week high and 12.59 percent above its 52-week low.

Market capitalisation stands at Rs 150,112.82 crore.

GPT Infraprojects has received contract in joint venture with ISCPPL wherein our share is 51% ie Rs 341.3 crore.

GPT Infraprojects was quoting at Rs 108.75, up Rs 2.10, or 1.97 percent.

It has touched an intraday high of Rs 109.75 and an intraday low of Rs 105.90.

It was trading with volumes of 5,379 shares, compared to its five day average of 61,826 shares, a decrease of -91.30 percent.

In the previous trading session, the share closed down 1.48 percent or Rs 1.60 at Rs 106.65.

The share touched a 52-week high of Rs 149.75 and a 52-week low of Rs 84.75 on 28 May, 2025 and 05 March, 2025, respectively.

Currently, the stock is trading 27.38 percent below its 52-week high and 28.32 percent above its 52-week low.

Market capitalisation stands at Rs 1,374.22 crore.

#1 Remain constructive on company’s prospects on back of regular order inflows

#2 Robust book-to-bill ratio of 4.6x

#3 Ultra-pure water segment is an emerging segment

#4 Ultra-pure water segment expected to be an Rs 3,500 crore opportunity for company

Cabinet approved Nashik-Solapur six-lane highway project for Rs 19,142 crore and widening of highway in Odisha for Rs 1,526 crore.

JK Cement was quoting at Rs 5,578.50, up Rs 76.50, or 1.39 percent.

It has touched an intraday high of Rs 5,585.00 and an intraday low of Rs 5,447.45.

It was trading with volumes of 2,673 shares, compared to its five day average of 3,465 shares, a decrease of -22.86 percent.

#1 Expects AUM CAGR to accelerate to 18–20 percent over next 3 years (17 percent FY26)

#2 Expects 100 bps in next 2 years post MUFG deal

#3 CoF reduction will drive better growth in new CVs & MSME loans

#4 NIMs can expand even as some CoF gains are passed on

#5 Credit Costs are guided 10–20 bps lower

#6 Company expects RoA to rise to 3.6 percent (2.8 percent Q2) in 5 years

#7 Company expects RoE to fall to 13.5 percent in FY27 & recover to 15-16 percent in next 5 years

Poly Medicure was quoting at Rs 1,750.10, up Rs 52.05, or 3.07 percent.

It has touched a 52-week low of Rs 1,682.75.

It has touched an intraday high of Rs 1,754.45 and an intraday low of Rs 1,682.75.

It was trading with volumes of 7,492 shares, compared to its five day average of 4,935 shares, an increase of 51.80 percent.

Vodafone Idea shares were trading down 15 percent for the day at Rs 10.25 apiece. This came after the stock jumped more than 6 percent earlier during the day to hit a fresh 52-week high of Rs 12.8 apiece.

Hyundai Motor India will increase prices by an average of 0.6 percent across its model range with effect from January 1, 2026. The company cited rising input and operational costs as key reasons for the hike. Hyundai Motor India shares were trading at Rs 2,296.2, down 0.23 percent.

Hindustan Copper continued to dominate trading activity across exchanges, topping both NSE and BSE volume charts. On the NSE, Nippon India Silver ETF also witnessed heavy turnover, trading over 11 crore units. KPIGreen, Orient Technologies, and Privi Speciality Chemicals featured among the most actively traded counters on both exchanges.

Bajaj Finance was the biggest drag on the Nifty, erasing a little over 7 points from the index. TCS chipped away nearly 7 points as IT stocks continued to trade weak. Wipro and Tech Mahindra also weighed slightly on sentiment, while Sun Pharma had a marginal negative impact.

Reliance Industries was the biggest driver of Nifty’s gains, contributing over 55 points as the stock rose more than 2 percent. JSW Steel added nearly 29 points, supported by a strong rally in metal counters. Titan and HDFC Bank contributed around 15 points each, while Axis Bank added close to 11 points to the benchmark’s rise.

Gains continued to broaden across sectors. Oil & gas, metals, and consumer durables were among the strongest performers, rising between 1.5 percent and over 2.5 percent. Banking and auto indices also moved higher, adding around 0.8-1.1 percent. On the flip side, IT remained mildly negative but had recovered from the day’s deeper losses. Volatility index India VIX eased further, down about 1.5 percent, reflecting improved market sentiment.

Selling pressure persisted in select IT and financial stocks. TCS fell 0.88 percent, while Wipro and Bajaj Finance slipped around 0.7 percent and 0.5 percent respectively. Tech Mahindra was down about 0.3 percent and Sun Pharma traded marginally lower.

JSW Steel led the rally on the Nifty, jumping 4.70 percent, followed by Tata Steel (up 2.82 percent) and Reliance Industries (up 2.18 percent). Gains in ONGC and SBI Life Insurance were also strong, both above 2 percent. Kotak Mahindra Bank, Shriram Finance, Titan Company, Axis Bank and Bharat Electronics were higher in the 1-2 percent range, helping sustain the index’s momentum.

IL JIN Electronics (India) (IL JIN), a material subsidiary of Amber Enterprises India, has further acquired (Indirect) 509,888 ordinary shares of Unitronics (1989) through ILJIN Holding, an Israel-based wholly owned subsidiary of IL JIN, for a total consideration of NIS 1,22,37,312, at a pre-determined price of NIS 24 per ordinary share.

Consequent to the acquisition, IL JIN, through its investment vehicle ILJIN Holding, now holds a 44.81% ownership stake in the equity share capital of Unitronics.

Amber Enterprises India Limited was quoting at Rs 6,395.90, up Rs 126.75, or 2.02 percent.

It has touched an intraday high of Rs 6,397.00 and an intraday low of Rs 6,250.85.

It was trading with volumes of 8,490 shares, compared to its five day average of 4,184 shares, an increase of 102.91 percent.

In the previous trading session, the share closed down 3.39 percent or Rs 220.30 at Rs 6,269.15.

The share touched a 52-week high of Rs 8,625.00 and a 52-week low of Rs 5,238.45 on 29 October, 2025 and 18 February, 2025, respectively.

Currently, the stock is trading 25.84 percent below its 52-week high and 22.1 percent above its 52-week low.

Market capitalisation stands at Rs 22,495.69 crore.

The company has been awarded Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) works of Ground Mount Solar Power Project of 28.60 MWac/ 39.80MWp on a turnkey basis.

The Sensex was up 657.99 points or 0.78 percent at 85,333.07, and the Nifty was up 219.75 points or 0.85 percent at 26,158.60. About 2604 shares advanced, 1207 shares declined, and 132 shares unchanged.

The GST Department, Delhi South, has passed an order against InterGlobe Aviation imposing a GST demand, along with interest and penalty, amounting to Rs 458.26 crore. The demand pertains to compensation received from a foreign supplier and the denial of input tax credit for FY 2018–19 to FY 2022–23.

The company strongly believes that the order passed by the GST department is erroneous and not in accordance with the law, based on advice from external tax advisors.

#1 Average daily transaction revenue has surged in past three months on price action in commodities

#2 Raise estimate materially & see potential upside risks if transaction volumes (volatile) are sustained

#3 Raise EPS forecasts by 15 percent for FY26, 20 percent for FY27 & 24 percent for FY28

#4 At current prices, stock trades at 50x FY27e EPS & 47.5x FY27e

#5 At current ADTR of Rs 10.4 crore over FY27-28, stock would trade at 35x P/E 5 percent prem to LTA

Multi Commodity Exchange of India was quoting at Rs 11,154.85, up Rs 259.55, or 2.38 percent.

It has touched an intraday high of Rs 11,198 and an intraday low of Rs 10,984.30.

It was trading with volumes of 24,915 shares, compared to its five day average of 22,186 shares, an increase of 12.30 percent.

In the previous trading session, the share closed down 0.39 percent or Rs 42.50 at Rs 10,895.30.

The share touched a 52-week high of Rs 11,218.45 and a 52-week low of Rs 4,410.10 on 29 December, 2025 and 11 March, 2025, respectively.

Currently, the stock is trading 0.57 percent below its 52-week high and 152.94 percent above its 52-week low.

Market capitalisation stands at Rs 56,887.92 crore.

#1 Transaction should boost long-term AUM growth prospects by 3- 4 percent to 18-20 percent

#2 Company expects reduction in cost of funds of 100 bps over two to three years

#3 Existing liabilities, especially bonds & retail deposits, will take time to reprice

#4 Possibility of a structural reduction of 10-20 bps in credit costs as company retains more good customers

#5 RoA should rise to 3.6 percent over a five-year period (FY31) from the current 2.8 percent

Shriram Finance was quoting at Rs 995.65, up Rs 16.50, or 1.69 percent.

It has touched a 52-week high of Rs 997.

It has touched an intraday high of Rs 997 and an intraday low of Rs 979.60.

It was trading with volumes of 207,634 shares, compared to its five day average of 873,591 shares, a decrease of -76.23 percent.

Godrej Industries was quoting at Rs 1,009.60, up Rs 45.20, or 4.69 percent.

It has touched an intraday high of Rs 1,012.55 and an intraday low of Rs 964.55.

It was trading with volumes of 1,306 shares, compared to its five day average of 3,639 shares, a decrease of -64.11 percent.

#1 Remain constructive on company’s prospects on back of regular order inflows

#2 Robust book-to-bill ratio of 4.6x

#3 Ultra-pure water segment is an emerging segment

#4 Ultra-pure water segment expected to be an Rs 3,500 crore opportunity for company

Va Tech Wabag was quoting at Rs 1,307.90, up Rs 37.40, or 2.94 percent.

It has touched an intraday high of Rs 1,349 and an intraday low of Rs 1,292.

It was trading with volumes of 31,523 shares, compared to its five day average of 17,544 shares, an increase of 79.68 percent.

The company has received an order for the FY 2020, raising tax demand of Rs 22.10 crores from Income Tax Department, DCIT/ACIT (Central), Moradabad.

Jubilant Pharmova was quoting at Rs 1,070.35, up Rs 23.45, or 2.24 percent.

It has touched an intraday high of Rs 1,072.35 and an intraday low of Rs 1,037.70.

It was trading with volumes of 8,802 shares, compared to its five day average of 5,147 shares, an increase of 71.01 percent.

In the previous trading session, the share closed down 0.24 percent or Rs 2.50 at Rs 1,046.90.

The share touched a 52-week high of Rs 1,250.00 and a 52-week low of Rs 823.70 on 30 July, 2025 and 09 April, 2025, respectively.

Currently, the stock is trading 14.37 percent below its 52-week high and 29.94 percent above its 52-week low.

Market capitalisation stands at Rs 17,048.66 crore.

The company received an order from the Additional Commissioner, GST & Central Excise, Mumbai East Commissionerate, imposing a tax demand of Rs 22,40,46,313 and a penalty of Rs 22,40,46,313 with respect to GST assessment for the six financial years commencing from FY 2018-19 to FY 2023-24.

Mahindra Logistics was quoting at Rs 315.55, down Rs 1.90, or 0.60 percent.

It has touched an intraday high of Rs 320.15 and an intraday low of Rs 314.45.

It was trading with volumes of 2,699 shares, compared to its five day average of 1,555 shares, an increase of 73.59 percent.

In the previous trading session, the share closed down 0.35 percent or Rs 1.10 at Rs 317.45.

The share touched a 52-week high of Rs 382.14 and a 52-week low of Rs 217.70 on 18 July, 2025 and 04 March, 2025, respectively.

Currently, the stock is trading 17.43 percent below its 52-week high and 44.95 percent above its 52-week low.

Market capitalisation stands at Rs 3,129.65 crore.

This coal mine is having more than 110 million tonnes of extractable coal reserves with rated capacity of 3 million tonnes per Annum. The average grade of the coal is G12

NLC India was quoting at Rs 247.70, down Rs 5.75, or 2.27 percent.

It has touched an intraday high of Rs 255.05 and an intraday low of Rs 246.50.

It was trading with volumes of 25,181 shares, compared to its five day average of 178,015 shares, a decrease of -85.85 percent.

In the previous trading session, the share closed down 1.15 percent or Rs 2.95 at Rs 253.45.

The share touched a 52-week high of Rs 292.35 and a 52-week low of Rs 185.85 on 07 October, 2025 and 17 February, 2025, respectively.

Currently, the stock is trading 15.27 percent below its 52-week high and 33.28 percent above its 52-week low.

Market capitalisation stands at Rs 34,346.99 crore.

#1 Strong annuity base with emerging international upside

#2 Expect a CAGR of 16 percent/16 percent/18 percent in revenue/EBITDA/PAT over FY25-28

#3 Stock trades at a premium to traditional capital-market intermediaries

The wholly owned subsidiary of ZF Steering Gear (India) i.e. Drivesys Systems - (Aluminium Division), has received a order/ entered into an agreement of an aggregate value of Rs 151 crore (approximately) from a leading Indian business conglomerate for its renewable energy business.

ZF Steering Gear (India) was quoting at Rs 809.90, up Rs 69.25, or 9.35 percent.

It has touched an intraday high of Rs 852.00 and an intraday low of Rs 773.80.

It was trading with volumes of 14,676 shares, compared to its five day average of 3,393 shares, an increase of 332.54 percent.

In the previous trading session, the share closed down 1.50 percent or Rs 11.30 at Rs 740.65.

The share touched a 52-week high of Rs 1,545.00 and a 52-week low of Rs 735.00 on 01 January, 2025 and 30 December, 2025, respectively.

Currently, the stock is trading 47.58 percent below its 52-week high and 10.19 percent above its 52-week low.

Market capitalisation stands at Rs 734.85 crore.

The company has received a Letter of Award for the supply of in-service Cape gauge diesel-electric locomotives from Berhard Development Corporation, Zimbabwe. The order is valued at $3.6 million.

RITES was quoting at Rs 243.84, up Rs 6.57, or 2.77 percent.

It has touched an intraday high of Rs 254.75 and an intraday low of Rs 240.09.

It was trading with volumes of 8,731,681 shares, compared to its five day average of 3,887,050 shares, an increase of 124.64 percent.

In the previous trading session, the share closed down 3.16 percent or Rs 7.75 at Rs 237.27.

The share touched a 52-week high of Rs 316.00 and a 52-week low of Rs 192.40 on 05 June, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 22.84 percent below its 52-week high and 26.74 percent above its 52-week low.

Market capitalisation stands at Rs 11,719.04 crore.

The European Medicines Agency (EMA) has informed Wockhardt that WCK 5222 (combination of Zidebactam 1g + Cefepime 2g) is eligible for Accelerated Assessment, following a pre-submission meeting with the EMA review team.

The Accelerated Assessment designation reflects EMA’s view that WCK 5222 has the potential to address an unmet medical need by providing an effective therapeutic option for the treatment of serious and life-threatening infections, particularly those caused by multi-drug-resistant (MDR) and extremely drugresistant (XDR) Gram negative pathogens.

Wockhardt was quoting at Rs 1,404.95, up Rs 26.45, or 1.92 percent.

It has touched an intraday high of Rs 1,419 and an intraday low of Rs 1,373.60.

It was trading with volumes of 36,147 shares, compared to its five day average of 40,680 shares, a decrease of -11.14 percent.

Tata Chemicals was quoting at Rs 767.90, up Rs 19.25, or 2.57 percent.

It has touched an intraday high of Rs 769.55 and an intraday low of Rs 746.90.

It was trading with volumes of 29,069 shares, compared to its five day average of 35,479 shares, a decrease of -18.07 percent.

In the previous trading session, the share closed down 1.65 percent or Rs 12.55 at Rs 748.65.

The share touched a 52-week high of Rs 1,048.35 and a 52-week low of Rs 745.20 on 01 January, 2025 and 30 December, 2025, respectively.

Currently, the stock is trading 26.75 percent below its 52-week high and 3.05 percent above its 52-week low.

Market capitalisation stands at Rs 19,562.73 crore.

The company has received a contract worth Rs 1,661.9 crore from the Ministry of Defence for the supply of 2,55,128 CQB carbines (5.56 x 45 mm) to the Indian Army. The contract stipulates order execution within five years.

Bharat Forge was quoting at Rs 1,472.50, up Rs 17.60, or 1.21 percent.

It has touched a 52-week high of Rs 1,491.95.

It has touched an intraday high of Rs 1,491.95 and an intraday low of Rs 1,454.20.

It was trading with volumes of 69,301 shares, compared to its five day average of 18,400 shares, an increase of 276.63 percent.

Solar Industries India has bagged an additional order aggregating to Rs 1,746 crores from Coal India for and on behalf of its subsidiaries for the supply of Bulk Explosives, to be delivered over a period of two years.

Solar Industries India was quoting at Rs 12,230.00, up Rs 203.80, or 1.69 percent.

It has touched an intraday high of Rs 12,350.00 and an intraday low of Rs 12,142.05.

It was trading with volumes of 1,482 shares, compared to its five day average of 4,541 shares, a decrease of -67.37 percent.

In the previous trading session, the share closed down 2.47 percent or Rs 304.30 at Rs 12,026.20.

The share touched a 52-week high of Rs 17,805.00 and a 52-week low of Rs 8,479.30 on 30 June, 2025 and 28 February, 2025, respectively.

Currently, the stock is trading 31.31 percent below its 52-week high and 44.23 percent above its 52-week low.

Market capitalisation stands at Rs 110,669.34 crore.

The company has been declared the successful bidder for the selection of battery energy storage developers for setting up a cumulative capacity of 2,000 MWh (1,000 MW x 2 hours) of standalone battery energy storage systems in Andhra Pradesh.

The project comprises a 150 MW/300 MWh battery energy storage system at the 400/220 kV substation at Kalikiri in Chittoor district, Andhra Pradesh.

The Board of Directors of Muthoot Money, a subsidiary of the company, has completed the allotment of 3,25,139 equity shares to Muthoot Finance against funds of Rs 500 crore via a rights issue.

Funds raised through the rights issue will be utilised for business funding, general corporate purposes, and repayment of existing loans.

Muthoot Finance was quoting at Rs 3,813.75, up Rs 13.35, or 0.35 percent.

It has touched an intraday high of Rs 3,860 and an intraday low of Rs 3,779.25.

It was trading with volumes of 9,010 shares, compared to its five day average of 18,931 shares, a decrease of -52.41 percent.

In the previous trading session, the share closed up 1.82 percent or Rs 67.95 at Rs 3,800.40.

The share touched a 52-week high of Rs 3,889 and a 52-week low of Rs 1,964.35 on 24 December, 2025 and 11 April, 2025, respectively.

Currently, the stock is trading 1.93 percent below its 52-week high and 94.15 percent above its 52-week low.

Market capitalisation stands at Rs 153,110.04 crore.

The Board has approved the appointment of Sandhya Venugopal Sharma, IAS, as Chairperson and Additional Director of the company, effective January 4, 2026.

Titan Company was quoting at Rs 4,040, up Rs 65.95, or 1.66 percent.

It has touched a 52-week high of Rs 4,061.95.

It has touched an intraday high of Rs 4,061.95 and an intraday low of Rs 3,980.00.

It was trading with volumes of 16,396 shares, compared to its five day average of 20,886 shares, a decrease of -21.50 percent.

The Sensex was up 372.55 points or 0.44 percent at 85,047.63, and the Nifty was up 137.65 points or 0.53 percent at 26,076.50. About 2443 shares advanced, 1206 shares declined, and 161 shares unchanged.

Indian rupee is trading near day's low at 89.91 per dollar against its Tuesday's close of 89.78.

Waaree Energies has received an order for supply of 1500 MW (1000 MW DCR and 500 MW Non – DCR) solar modules from a renowned customer who is engaged in the business of power generation, transmission and distribution.

Waaree Energies was quoting at Rs 2,994.70, up Rs 14.70, or 0.49 percent.

It has touched an intraday high of Rs 2,999.35 and an intraday low of Rs 2,944.85.

In the previous trading session, the share closed down 0.12 percent or Rs 3.60 at Rs 2,980.

The share touched a 52-week high of Rs 3,864.40 and a 52-week low of Rs 1,808.65 on 12 September, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 22.51 percent below its 52-week high and 65.58 percent above its 52-week low.

Market capitalisation stands at Rs 86,139.82 crore.

The company has monetised its 10% equity stake in North Eastern Development Finance Corporation (NEDFi) for Rs 121.77 crore.

IFCI was quoting at Rs 53.54, up Rs 3.08, or 6.10 percent.

It has touched an intraday high of Rs 54.50 and an intraday low of Rs 50.90.

It was trading with volumes of 3,607,427 shares, compared to its five day average of 1,705,525 shares, an increase of 111.51 percent.

In the previous trading session, the share closed down 1.96 percent or Rs 1.01 at Rs 50.46.

The share touched a 52-week high of Rs 74.50 and a 52-week low of Rs 35.67 on 29 May, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 28.13 percent below its 52-week high and 50.1 percent above its 52-week low.

Market capitalisation stands at Rs 14,425.36 crore.

IL JIN Electronics (India) (IL JIN), a material subsidiary of Amber Enterprises India, has further acquired (Indirect) 509,888 ordinary shares of Unitronics (1989) through ILJIN Holding, an Israel-based wholly owned subsidiary of IL JIN, for a total consideration of NIS 1,22,37,312, at a pre-determined price of NIS 24 per ordinary share.

Consequent to the acquisition, IL JIN, through its investment vehicle ILJIN Holding, now holds a 44.81%.

Amber Enterprises India Limited was quoting at Rs 6,303.55, up Rs 34.40, or 0.55 percent.

It has touched an intraday high of Rs 6,357.00 and an intraday low of Rs 6,275.00.

It was trading with volumes of 6,330 shares, compared to its five day average of 4,184 shares, an increase of 51.28 percent.

In the previous trading session, the share closed down 3.39 percent or Rs 220.30 at Rs 6,269.15.

The share touched a 52-week high of Rs 8,625.00 and a 52-week low of Rs 5,238.45 on 29 October, 2025 and 18 February, 2025, respectively.

Currently, the stock is trading 26.92 percent below its 52-week high and 20.33 percent above its 52-week low.

Market capitalisation stands at Rs 22,170.87 crore.

#1 Credit rating upgrade to AAA/Stable

#2 AUM growth/RoA guidance of 20 percent/3.6 percent, 10-20 bps credit cost improvement

#3 Expect 3.9 percent RoA by FY28 to moderate to 3.7 percent

Shriram Finance was quoting at Rs 988.60, up Rs 9.45, or 0.97 percent.

It has touched a 52-week high of Rs 993.35.

It has touched an intraday high of Rs 993.35 and an intraday low of Rs 979.60.

It was trading with volumes of 154,836 shares, compared to its five day average of 873,591 shares, a decrease of -82.28 percent.

HDFC Bank and ICICI Bank were the biggest drags on the Sensex, together pulling the index lower by more than 50 points. Weakness in Bajaj Finance, Infosys and TCS further weighed on the benchmark, reflecting continued pressure in financials and IT.

Reliance Industries was the biggest positive contributor to the Sensex, adding nearly 27 points with a gain of over 1 percent. Larsen & Toubro, HCL Tech, Kotak Mahindra Bank and SBI also aided the index, contributing between 9-12 points each.

Weak sentiment in parts of the broader market dragged several smallcap stocks lower. Privi Speciality Chemicals tumbled over 11 percent, while KR Rail Engineering, BL Kashyap and Indo Thai Securities slipped 4–5 percent each. Losses also extended to Jubilant Agri, Indo Count, Jayaswal Neco, Sigachi Industries, 3B BlackBio and GRM Overseas, all down around 3 percent.

Selective buying pushed several smallcap names sharply higher. Dynacons Systems and Orient Technologies jumped over 14 percent each, while Globus Spirits rallied nearly 11 percent. HEG, Silver Touch Technologies, Zydus Wellness and Graphite India also surged more than 8 percent, extending the recent momentum in pockets of the smallcap universe.

A handful of midcap counters slipped into the red, with PB Fintech and Patanjali Foods losing close to 2 percent each. MM Financial, Hexaware Technologies and Emcure Pharma also edged lower, though the declines remained modest compared with the broader midcap strength.

Midcap names witnessed strong traction, with Gujarat Gas surging 6.7 percent to top the chart. Coromandel International and HPCL gained over 4 percent each, while PSU lenders Punjab & Sind Bank and Bank of Maharashtra were also among the notable movers.

Most sectors on the BSE traded in positive territory, led by energy, metals and PSU stocks. BSE Energy advanced 1.48 percent, while BSE Metals gained 1.55 percent and BSE PSU rose 1.40 percent. Power, capital goods and smallcaps also strengthened. IT was the only notable laggard, down 0.27 percent.

IT and financial stocks were among the mild drags on the benchmark. TCS fell 0.88 percent, while Bajaj Finserv and Bajaj Finance slipped around 0.8 percent each. Tech Mahindra, Infosys, ICICI Bank and Sun Pharma also traded slightly lower.

Tata Steel led the upmove on the Sensex, rising 2.36 percent, followed by Titan Company (up 2.16 percent) and Power Grid Corporation (up 1.54 percent). Trent, NTPC, Bharat Electronics, Reliance Industries, SBI, Hindustan Unilever and Maruti Suzuki also traded higher, supporting the index’s gains.

At 11:16 am, the Sensex climbed 320 points (0.38 percent) to 84,995, while the Nifty rose 121 points (0.46 percent) to 26,059. Market breadth remained firmly positive, with roughly 2,500 stocks advancing against just over 1,000 declining.

The company has monetised its 10% equity stake in North Eastern Development Finance Corporation (NEDFi) for Rs 121.77 crore.

IFCI was quoting at Rs 53.82, up Rs 3.36, or 6.66 percent.

It has touched an intraday high of Rs 54.50 and an intraday low of Rs 50.90.

It was trading with volumes of 3,281,374 shares, compared to its five day average of 1,705,525 shares, an increase of 92.40 percent.

In the previous trading session, the share closed down 1.96 percent or Rs 1.01 at Rs 50.46.

The share touched a 52-week high of Rs 74.50 and a 52-week low of Rs 35.67 on 29 May, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 27.76 percent below its 52-week high and 50.88 percent above its 52-week low.

Market capitalisation stands at Rs 14,500.80 crore.

Graphite India was quoting at Rs 639.10, up Rs 51.30, or 8.73 percent.

It has touched an intraday high of Rs 642.45 and an intraday low of Rs 586.80.

It was trading with volumes of 255,658 shares, compared to its five day average of 130,127 shares, an increase of 96.47 percent.

In the previous trading session, the share closed down 2.45 percent or Rs 14.75 at Rs 587.80.

The share touched a 52-week high of Rs 651.25 and a 52-week low of Rs 366 on 30 October, 2025 and 04 March, 2025, respectively.

Currently, the stock is trading 1.87 percent below its 52-week high and 74.62 percent above its 52-week low.

Market capitalisation stands at Rs 12,486.45 crore.

The company secured software project from Reserve Bank of India: Enterprise Application Platform (EAP) order worth Rs 249.15 crores.

Dynacons Systems and Solutions was quoting at Rs 1,061.10, up Rs 148.45, or 16.27 percent.

It has touched an intraday high of Rs 1,087.30 and an intraday low of Rs 962.05.

It was trading with volumes of 194,297 shares, compared to its five day average of 1,739 shares, an increase of 11,074.20 percent.

The Sensex was up 239.86 points or 0.28 percent at 84,914.94, and the Nifty was up 103.10 points or 0.40 percent at 26,041.95. About 2461 shares advanced, 1044 shares declined, and 156 shares unchanged.

HEG was quoting at Rs 638.75, up Rs 37.95, or 6.32 percent.

It has touched a 52-week high of Rs 639.70.

It has touched an intraday high of Rs 639.70 and an intraday low of Rs 598.15.

It was trading with volumes of 304,545 shares, compared to its five day average of 240,830 shares, an increase of 26.46 percent.

It was trading with volumes of 304,545 shares, compared to its thirty day average of 79,686 shares, an increase of 282.18 percent.

In the previous trading session, the share closed down 0.12 percent or Rs 0.70 at Rs 600.80.

Market capitalisation stands at Rs 12,326.44 crore.

Indian rupee is trading lower at 89.90 per dollar versus previous close of 89.78.

Shakti Pumps has received new work order from Madhya Pradesh Urja Vikas Nigam for 4,840 standalone off-Grid DC solar photovoltaic water pumping systems (SPWPS) pumps for the entire state of Madhya Pradesh under Component-B of PM-KUSUM scheme. The total value of the 4,840 pumps is around Rs. 170.25 Crores (inclusive of GST) which is to be executed within 120 days.

Shakti Pumps (India) was quoting at Rs 718.30, up Rs 17.70, or 2.53 percent.

It has touched an intraday high of Rs 720.00 and an intraday low of Rs 704.10.

It was trading with volumes of 51,492 shares, compared to its five day average of 213,258 shares, a decrease of -75.85 percent.

In the previous trading session, the share closed down 1.78 percent or Rs 12.70 at Rs 700.60.

The share touched a 52-week high of Rs 1,398 and a 52-week low of Rs 549 on 09 January, 2025 and 10 December, 2025, respectively.

Currently, the stock is trading 48.62 percent below its 52-week high and 30.84 percent above its 52-week low.

Market capitalisation stands at Rs 8,863.68 crore.

Indus Towers was quoting at Rs 427.05, up Rs 4.45, or 1.05 percent. It has touched a 52-week high of Rs 432.90. It has touched an intraday high of Rs 432.90 and an intraday low of Rs 422.55. It was trading with volumes of 104,579 shares, compared to its five day average of 140,341 shares, a decrease of -25.48 percent. In the previous trading session, the share closed up 0.09 percent or Rs 0.40 at Rs 422.60. Market capitalisation stands at Rs 112,662.74 crore.

ITC was quoting at Rs 402.30, up Rs 1.70, or 0.42 percent.

It has touched an intraday high of Rs 402.75 and an intraday low of Rs 400.65.

It was trading with volumes of 90,417 shares, compared to its five day average of 9,790,131 shares, a decrease of -99.08 percent.

In the previous trading session, the share closed down 0.45 percent or Rs 1.80 at Rs 400.60.

The share touched a 52-week high of Rs 490.95 and a 52-week low of Rs 391.50 on 03 January, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 18.06 percent below its 52-week high and 2.76 percent above its 52-week low.

Market capitalisation stands at Rs 504,040.05 crore.

The GST Department, Delhi South, has passed an order against InterGlobe Aviation imposing a GST demand, along with interest and penalty, amounting to Rs 458.26 crore. The demand pertains to compensation received from a foreign supplier and the denial of input tax credit for FY 2018–19 to FY 2022–23.

The company strongly believes that the order passed by the GST department is erroneous and not in accordance with the law, based on advice from external tax advisors.

Interglobe Aviation was quoting at Rs 4,997.95, down Rs 17.90, or 0.36 percent.

It has touched an intraday high of Rs 5,020.25 and an intraday low of Rs 4,976.45.

It was trading with volumes of 19,593 shares, compared to its five day average of 25,636 shares, a decrease of -23.57 percent.

On September 29, 2025, the company’s subsidiary, Nanomi BV, Netherlands, entered into a definitive agreement to acquire the entire share capital of VISUfarma BV, headquartered in Amsterdam.

The company had earlier indicated that the transaction would be consummated by the end of the calendar year 2025.

The company has now stated that the proposed transaction is currently in progress and is expected to be completed by February 28, 2026.

Lupin was quoting at Rs 2,086.15, up Rs 5.15, or 0.25 percent.

It has touched an intraday high of Rs 2,104.05 and an intraday low of Rs 2,077.40.

It was trading with volumes of 4,790 shares, compared to its five day average of 39,027 shares, a decrease of -87.73 percent.

In the previous trading session, the share closed up 0.07 percent or Rs 1.50 at Rs 2,081.00.

The share touched a 52-week high of Rs 2,403.45 and a 52-week low of Rs 1,774.00 on 02 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 13.2 percent below its 52-week high and 17.6 percent above its 52-week low.

Market capitalisation stands at Rs 95,295.08 crore.