Closing Bell: Sensex, Nifty end flat on expiry day; auto, metal, PSU Banks shine

Indian equity indices ended on a flat note in the volatile session on December 30. At close, the Sensex was down 20.46 points or 0.02 percent at 84,675.08, and the Nifty was down 3.25 points or 0.01 percent at 25,938.85.

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 on a subdued note on the final expiry of the calendar year and ended almost unchanged. After an initial dip, the Nifty moved within a narrow range for most of the session before settling at the 25,947 level.

Sectoral trends remained mixed, with rollover and unwinding of derivative positions keeping participants engaged. Metals, auto and banking stocks outperformed, while realty, IT and FMCG stocks witnessed mild pressure. The broader markets moved largely in line with the benchmark and also closed nearly flat.

With global cues remaining mixed and trading volumes subdued, participants are likely to stay in a wait-and-watch mode in search of the next directional trigger. In the interim, a stock-specific approach remains preferable, with banking, auto and metal stocks continuing to display relative strength, while other sectors contribute on a rotational basis.

Today, the Indian stock markets ended the second-last trading day of 2025 almost unchanged. The Sensex slipped just 20 points to close at 84,675, while the Nifty 50 ended flat at 25,938. The reason for flat closing was also year end portfolio rebalancing, where global funds reduce risk and adjust holdings before the new year. In addition, quarterly changes in Nifty indices led to large stock specific flows.

ICICI Bank and HDFC Bank saw outflows due to index changes, while stocks like Maruti Suzuki, Eicher Motors, and Asian Paints attracted strong buying.

Sector wise, metals performed best, rising over 2% on higher copper and aluminum prices. Auto stocks also gained modestly. Realty stocks were the worst performers, falling nearly 1% due to interest rate concerns.

Broader markets remained cautious, showing selective buying. Overall, markets are in a wait and watch mode, and we are looking ahead to 2026 for clearer global cues and earnings driven direction.

After showing weakness amidst choppy movement over the last three sessions, Nifty shifted into a minor volatility on the day of F&O expiry of December series on Tuesday and closed the day slightly lower. After opening on a positive note, the market stood lower for better part of the session. Intraday upside recoveries of early and mid-part have failed to sustain and Nifty finally closed near the opening levels.

A small body candle has been formed on the daily chart with upper and lower shadow. Technically, this market action indicates a doji type candle formation at the uptrend line support. Normally, a doji indicates an indecision in the market and its formation after a reasonable decline or at the crucial support more often results in a formation of near-term bottom reversal after the confirmation.

The bulls are in an attempt to comeback after a weakness. A confirmation by the way of sustainable up move on Wednesday could confirm higher bottom reversal pattern and also open bounce back in the market. Immediate support is placed around 25850-25800 levels and the next overhead resistance to be watched at 26100.

The domestic market remained volatile and ended the monthly expiry day flat, despite supportive global cues and selective value buying. A stronger rupee provided some respite, yet overall sentiment stayed cautious amid persistent FII outflows.

Sector-wise, while auto stocks gained on robust IIP data, metal stocks gained due to higher metal prices enabling better realisations. Similarly, PSU banks advanced on improved asset quality.

Looking ahead, the market is anticipated to stay sideways, awaiting more pronounced outcomes from US-India trade talks and the Q3 results calendar.

Indian equity markets recovered from early losses on Tuesday as value buying, particularly in auto and metal stocks, helped benchmarks regain ground amid thin year-end trade. The Sensex rebounded from an intraday low to move back above 84,700, while the Nifty recovered close to 25,950 after slipping below 25,900 earlier. Gains in Shriram Finance, Mahindra & Mahindra and Bajaj Auto offset weakness in select financials.

Positive Asian cues, a mildly stronger rupee and strong November IIP growth supported sentiment, though FII outflows and higher crude prices capped upside. With weekly and monthly derivative expiry adding to intraday volatility, markets remain cautious, awaiting clearer direction in the new year.

On Tuesday’s session, Bank Nifty closed forming a small candlestick on the daily chart, highlighting indecisiveness among market participants. From a chart structure perspective, the index continues to trade in a sideways trend within a narrow range, indicating lack of directional conviction.

The overall undertone of the index remains neutral, with 58,750 acting as a strong support zone, while 59,300 continues to cap the upside as a key resistance level. Momentum appears weak as RSI is forming lower tops. This phase of consolidation is expected to extend further, keeping the index range-bound between the mentioned levels.

The index has slipped to the upper band of the falling wedge pattern, where the correction appears to have been arrested. However, some negative technical factors may influence market sentiment in the coming days.

The index has fallen below the middle Bollinger Band, the RSI has entered a bearish crossover, and the Nifty has also slipped below the 21 EMA, reinforcing the short-term downtrend.

Immediate support is placed in the 25,850–25,870 zone. A decisive break below this level could intensify bearish sentiment, while resistance is placed at 26,000.

Gold traded positive today with modest gains of around Rs 1,200, settling near Rs 1,36,100 in MCX. The recovery was supported by Comex gold finding a strong base around the USD 4,350 level, as market participants positioned ahead of the U.S. Federal Reserve’s meeting minutes due on Wednesday.

However, despite the rebound, heavy profit booking near recent highs continues to cap upside, while higher margin requirements and cautious positioning are keeping volumes relatively subdued. Overall, gold is expected to remain volatile, with the near-term trading range shifting higher to Rs 1,32,000–Rs 1,38,500.

Indian rupee ended 20 paise higher at 89.78 per dollar on Tuesday versus Monday's close of 89.98.

Indian equity indices ended on a flat note in the volatile session on December 30.

At close, the Sensex was down 20.46 points or 0.02 percent at 84,675.08, and the Nifty was down 3.25 points or 0.01 percent at 25,938.85. About 1718 shares advanced, 2113 shares declined, and 137 shares unchanged.

Shriram Finance, Tata Steel, Hindalco Industries, M&M, Bajaj Auto were among major gainers on the Nifty, while losers included Max Healthcare, Eternal, Apollo Hospitals, Interglobe Aviation, Tata Consumer.

BSE Midcap and smallcap indices ended marginally lower.

On the sectoral front, auto index rose 1 percent, metal index added 2 percent, PSU Bank gained nearly 2 percent, however, IT, realty, consumer durables, healthcare, defence down 0.5-1%.

RBL Bank board has taken on record and accepted the request of Mr. Rajeev Ahuja to retire from his position as Executive Director of the Bank.

And approved the appointment of Mr. Jaideep Iyer – Head Strategy, as an Additional Director and a Whole-time Director (designated as Executive Director) and a Key Managerial Personnel of the Bank.

RBL Bank was quoting at Rs 309.70, up Rs 5.45, or 1.79 percent.

It has touched an intraday high of Rs 310.20 and an intraday low of Rs 302.75.

It was trading with volumes of 178,301 shares, compared to its five day average of 81,567 shares, an increase of 118.59 percent.

Force Motors was quoting at Rs 19,759.65, up Rs 769.65, or 4.05 percent.

It has touched an intraday high of Rs 19,760.00 and an intraday low of Rs 18,737.35.

It was trading with volumes of 10,029 shares, compared to its five day average of 3,358 shares, an increase of 198.64 percent.

In the previous trading session, the share closed up 2.82 percent or Rs 520.60 at Rs 18,990.00.

The share touched a 52-week high of Rs 21,999.95 and a 52-week low of Rs 6,128.55 on 22 August, 2025 and 28 January, 2025, respectively.

Currently, the stock is trading 10.18 percent below its 52-week high and 222.42 percent above its 52-week low.

Market capitalisation stands at Rs 26,035.83 crore.

The rupee experienced a significant appreciation post RBI reference rate, as year-end obligations were met alongside rebalancing flows took effect. The currency's gains were underpinned by thin liquidity and a steady stream of dollar supply from banks.

Looking ahead, USDINR is expected to consolidate between 89.40 and 90.26.

Hyundai Motor India today announced its entry into the commercial mobility segment with the launch of its dedicated taxi offerings - Prime HB (hatchback) and Prime SD (sedan).

Hyundai Motor India was quoting at Rs 2,304, down Rs 19.50, or 0.84 percent.

It has touched an intraday high of Rs 2,315.05 and an intraday low of Rs 2,295.45.

It was trading with volumes of 42,299 shares, compared to its five day average of 35,876 shares, an increase of 17.90 percent.

BL Kashyap & Sons was quoting at Rs 56.56, up Rs 1.74, or 3.17 percent.

It has touched an intraday high of Rs 57.18 and an intraday low of Rs 53.27.

It was trading with volumes of 60,047 shares, compared to its five day average of 29,920 shares, an increase of 100.69 percent.

In the previous trading session, the share closed up 9.31 percent or Rs 4.67 at Rs 54.82.

The share touched a 52-week high of Rs 84.40 and a 52-week low of Rs 42.71 on 08 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 32.99 percent below its 52-week high and 32.43 percent above its 52-week low.

Market capitalisation stands at Rs 1,275.09 crore.

#1 CARE ratings upgrades long-term credit rating to AAA

#2 Will watch for potential actions from other rating agencies as well

#3 These could result in a meaningful reduction in borrowing costs for Shriram

#4 Rating upgrade could catalyse higher long-term loan growth & better loan spreads

Shriram Finance was quoting at Rs 983.35, up Rs 28.00, or 2.93 percent.

It has touched a 52-week high of Rs 983.95.

It has touched an intraday high of Rs 983.95 and an intraday low of Rs 956.45.

Godfrey Phillips India was quoting at Rs 2,693.90, down Rs 93.50, or 3.35 percent.

It has touched an intraday high of Rs 2,837.15 and an intraday low of Rs 2,683.

It was trading with volumes of 23,819 shares, compared to its five day average of 10,522 shares, an increase of 126.36 percent.

In the previous trading session, the share closed down 1.38 percent or Rs 38.95 at Rs 2,787.40.

The share touched a 52-week high of Rs 3,945 and a 52-week low of Rs 1,371.67 on 16 September, 2025 and 28 January, 2025, respectively.

Currently, the stock is trading 31.71 percent below its 52-week high and 96.4 percent above its 52-week low.

Market capitalisation stands at Rs 42,019.93 crore.

The Sensex was down 95 points or 0.11 percent at 84,600.30, and the Nifty was down 0.04 percent at 25,930.50. About 1703 shares advanced, 2101 shares declined, and 143 shares unchanged.

#1 Near-term growth trajectory looks clouded given tapering smartphone sales in India

#2 Market share losses for its key customers

#3 Expect largely flat YoY topline growth in Q3, paving way for FY26 guidance cut

#4 Interactions with investors indicate concerns around regulatory approvals

#5 Remain constructive on medium term growth

#6 Despite cuts to FY26-27 earnings, FY28 EPS is largely unchanged

Dixon Technologies was quoting at Rs 11,776.90, down Rs 82.15, or 0.69 percent.

It has touched a 52-week low of Rs 11,650.

It has touched an intraday high of Rs 12,026.05 and an intraday low of Rs 11,650.

Shilpa Medicare Ltd., Shilpa Pharma Lifesciences Ltd- a material subsidiary and FTF Pharma Pvt Ltd- a wholly owned subsidiary- has received an ex parte ad-interim injunction order from the Hon’ble High Court of Delhi, New Delhi restraining the Company from manufacturing, stockpiling, exporting, offering for sale and/or supplying, directly or indirectly, the pharmaceutical drug product containing the compound Ruxolitinib and/or Ruxolitinib Salts API along with any other form or compound or formulation.

Shilpa Medicare was quoting at Rs 317.50, down Rs 2.85, or 0.89 percent.

It has touched an intraday high of Rs 323.00 and an intraday low of Rs 313.25.

It was trading with volumes of 12,023 shares, compared to its five day average of 6,004 shares, an increase of 100.24 percent.

The Indian Hume Pipe has completed the sale of its Hyderabad land asset, measuring approximately 18,311.57 Sq. Yds. (approx. equivalent to 15,310.80 Sq. Mtrs.) to ASBL (formerly known as Ashoka Builders India) for a total consideration of Rs 173.96 crores.

Indian Hume Pipe Company was quoting at Rs 410.85, up Rs 5.10, or 1.26 percent.

It has touched an intraday high of Rs 417.00 and an intraday low of Rs 403.05.

It was trading with volumes of 2,273 shares, compared to its five day average of 2,038 shares, an increase of 11.54 percent.

#1 Air India's market share grows to 26.7 percent versus 25.7 percent in October

#2 Indigo's market share at 63.6 percent versus 65.6 percent in October

#3 Akasa Air's market share at 4.7 percent versus 5.2 percent in October

#4 SpiceJet's market share at 3.7 percent versus 2.6 percent in October

#1 Attended inaugural beYon store launch, house of Titan's new venture

#2 Collection features LGDs (VS Clarity, F-G Colour) set in typically 14k & 18k gold

#3 Targeted at adornment focused daily & casual wear with cuts being main differentiator

#4 No buyback policy is there for lab-grown diamonds

#5 Making charges range from Rs 1,800–2,000/gm

#6 Purchases include a proprietary in-house certificate documenting diamond specifications

Titan Company was quoting at Rs 3,982.40, up Rs 0.55, or 0.01 percent.

It has touched an intraday high of Rs 3,994.50 and an intraday low of Rs 3,952.00.

It was trading with volumes of 12,773 shares, compared to its five day average of 17,602 shares, a decrease of -27.43 percent.

In the previous trading session, the share closed down 0.25 percent or Rs 9.80 at Rs 3,981.85.

The share touched a 52-week high of Rs 4,030 and a 52-week low of Rs 2,947.55 on 29 December, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 1.18 percent below its 52-week high and 35.11 percent above its 52-week low.

Market capitalisation stands at Rs 353,551.96 crore.

Indian rupee is trading 20 paise higher at 89.78 per dollar versus Monday's close of 89.98.

India’s bond market is likely to enter 2026 on a firmer structural footing, even as near-term volatility persists. After an extended phase of tight monetary conditions, the focus is gradually shifting from inflation control to sustaining growth and maintaining fiscal discipline. While inflation is expected to remain broadly within the RBI’s comfort zone, the central bank is unlikely to rush into aggressive rate cuts, preferring a calibrated approach aligned with global monetary trends and domestic liquidity conditions.

Government borrowing remains elevated, but improving tax buoyancy and a clearer glide path on fiscal consolidation should help anchor long-term yields. Meanwhile, corporate bond issuance is expected to pick up, driven by refinancing needs and a gradual revival in private capital expenditure, adding depth and breadth to the credit market.

For investors, 2026 could shape up as a year of stable income and measured returns, with portfolios benefiting more from resilience than short-term volatility. With yields still attractive and credit fundamentals improving, bonds are increasingly re-emerging as a strategic allocation rather than a tactical trade.

Trishakti Industries has secured a significant work order from Reliance Industries for the deployment of advanced machineries and skilled manpower at one of their flagship project sites.

In line with the execution of this contract, the company has undertaken a fresh capital expenditure of approximately Rs 210 million inclusive of taxes, towards the acquisition of advanced machineries.

Trishakti Industries was quoting at Rs 148.90, up Rs 5.55, or 3.87 percent.

It has touched an intraday high of Rs 154.80 and an intraday low of Rs 143.00.

It was trading with volumes of 24,164 shares, compared to its five day average of 16,958 shares, an increase of 42.49 percent.

Hindustan Copper remained the most actively traded stock across both NSE and BSE, logging more than 10 crore shares in combined volume so far. Silver ETFs also saw heavy action, with Nippon Silver ETF crossing 10 crore units on NSE. KPIGreen, Dixon Technologies and Mishra Dhatu featured among the other high-turnover names in mid and smallcap segments.

Metals and PSU banks continued to lead gains, with the Nifty Metal index up 1.7 percent and Nifty PSU Bank rising 1.3 percent. Auto stocks also advanced, while FMCG, pharma and realty indices traded lower, reflecting broader sectoral divergence. India VIX eased 0.6 percent, indicating subdued volatility.

At 1:47 pm, the Sensex was up 21.45 points or 0.03 percent at 84,716.99, and the Nifty was up 13.1 points or 0.05 percent at 25,955.20. About 1594 shares advanced, 2148 shares declined, and 156 shares unchanged.

Defence shares extended their decline for a third straight session on Tuesday, with the Nifty Defence index falling 1.5 percent amid broad-based selling in the sector, even as analysts remain positive on the medium-term outlook following recent approvals by the Defence Acquisition Council (DAC). The Nifty Defence index has now declined over 2 percent in the last three sessions. In Tuesday’s trade, 16 of the 18 constituents of the index were trading in the red.

A large trade was recorded in Taj GVK Hotels & Resorts, with 26.97 lakh shares -- about 4.3 percent equity -- changing hands via block deals. The transaction was valued at around Rs 115 crore at an average price of Rs 422 per share.

Max Healthcare, Eternal and Apollo Hospitals shares were among the top losers on Nifty 50, falling 2-3 percent. SBI Life, InterGlobe Aviation and HDFC Life also declined over 1 percent each, while Coal India, UltraTech Cement, Cipla and Bajaj Finserv traded nearly 1 percent lower.

Shriram Finance led the Nifty 50 index with a 2.2 percent rise, followed by strength in Hindalco, Tata Steel and Axis Bank. M&M and Bajaj Auto also traded more than 1 percent higher, while SBI added about 0.8 percent.

At about 1:30 pm, the Sensex was down 135.7 points or 0.2 percent at 84,559.9, and the Nifty was down 41.6 points at 25,900.6. About 1524 shares advanced, 2204 shares declined, and 151 shares unchanged.

TVS Motor Company has signed a Memorandum of Understanding (MoU) with Manba Finance to offer retail finance solutions for its commercial mobility portfolio. This strategic partnership aims to enhance vehicle affordability and improve access to structured financing for customers across India.

TVS Motor Company was quoting at Rs 3,592.05, up Rs 19.25, or 0.54 percent.

It has touched an intraday high of Rs 3,624 and an intraday low of Rs 3,551.35.

Welspun Living was quoting at Rs 130.50, down Rs 1.20, or 0.91 percent.

It has touched an intraday high of Rs 131.95 and an intraday low of Rs 130.

It was trading with volumes of 66,913 shares, compared to its five day average of 103,776 shares, a decrease of -35.52 percent.

In the previous trading session, the share closed down 0.68 percent or Rs 0.90 at Rs 131.70.

The share touched a 52-week high of Rs 166.60 and a 52-week low of Rs 105 on 03 January, 2025 and 28 February, 2025, respectively.

Currently, the stock is trading 21.67 percent below its 52-week high and 24.29 percent above its 52-week low.

Market capitalisation stands at Rs 12,516.94 crore.

Indo Count Industries was quoting at Rs 282.05, up Rs 21.65, or 8.31 percent.

It has touched an intraday high of Rs 284.25 and an intraday low of Rs 258.15.

It was trading with volumes of 144,838 shares, compared to its five day average of 8,508 shares, an increase of 1,602.37 percent.

In the previous trading session, the share closed down 1.53 percent or Rs 4.05 at Rs 260.40.

The share touched a 52-week high of Rs 355 and a 52-week low of Rs 210.70 on 13 February, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 20.55 percent below its 52-week high and 33.86 percent above its 52-week low.

Market capitalisation stands at Rs 5,586.12 crore.

Shakti Pumps (India) has received its third order from the state of Jharkhand.

Jharkhand Renewable Energy Development Agency has given work order for 1,000 Nos. of stand-alone off Grid Solar Photovoltaic Water Pumping Systems (SPWPS) at various locations across the state of Jharkhand under Component-B of PM-KUSUM scheme. The total amount of the order value is for around Rs 21 crores (inclusive of GST).

Shakti Pumps (India) was quoting at Rs 705.15, down Rs 8.15, or 1.14 percent.

It has touched an intraday high of Rs 712 and an intraday low of Rs 700.

It was trading with volumes of 50,561 shares, compared to its five day average of 276,087 shares, a decrease of -81.69 percent.

The Sensex was down 153.11 points or 0.18 percent at 84,537.57, and the Nifty was down 0.19 percent at 25,892.15. About 1527 shares advanced, 2162 shares declined, and 152 shares unchanged.

Indian rupee has extended the morning gains and trading at day's high at 89.83 per dollar versus Monday's close of 89.98.

Jyothy Labs was quoting at Rs 274.15, down Rs 8.40, or 2.97 percent.

It has touched an intraday high of Rs 286.90 and an intraday low of Rs 274.10.

It was trading with volumes of 17,689 shares, compared to its five day average of 23,742 shares, a decrease of -25.49 percent.

In the previous trading session, the share closed down 0.09 percent or Rs 0.25 at Rs 282.55.

The share touched a 52-week high of Rs 422.60 and a 52-week low of Rs 267.90 on 05 February, 2025 and 03 October, 2025, respectively.

Currently, the stock is trading 35.13 percent below its 52-week high and 2.33 percent above its 52-week low.

Market capitalisation stands at Rs 10,067.19 crore.

The company has emerged as the lowest bidder for an order worth Rs 201.23 crore from East Coast Railway. The order involves setting up a wagon POH workshop with a capacity of 200 wagons at Kantabanji.

Rail Vikas Nigam was quoting at Rs 361.45, down Rs 6.15, or 1.67 percent.

It has touched an intraday high of Rs 373.00 and an intraday low of Rs 361.15.

It was trading with volumes of 1,194,688 shares, compared to its five day average of 2,668,502 shares, a decrease of -55.23 percent.

In the previous trading session, the share closed down 5.25 percent or Rs 20.35 at Rs 367.60.

The share touched a 52-week high of Rs 501.55 and a 52-week low of Rs 295.25 on 01 February, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 27.93 percent below its 52-week high and 22.42 percent above its 52-week low.

Market capitalisation stands at Rs 75,363.05 crore.

Tata Power Company was quoting at Rs 373.45, down Rs 2.85, or 0.76 percent.

It has touched an intraday high of Rs 376.30 and an intraday low of Rs 372.95.

It was trading with volumes of 123,012 shares, compared to its five day average of 354,249 shares, a decrease of -65.28 percent.

In the previous trading session, the share closed down 0.80 percent or Rs 3.05 at Rs 376.30.

The share touched a 52-week high of Rs 416.70 and a 52-week low of Rs 326.25 on 16 July, 2025 and 17 February, 2025, respectively.

Currently, the stock is trading 10.38 percent below its 52-week high and 14.47 percent above its 52-week low.

Market capitalisation stands at Rs 119,329.96 crore.

The company has received purchase orders from various entities for supply of products during the period of December, 2025 with an aggregate value of approximately Rs 14,70,52,192.59.

Concord Drugs was quoting at Rs 85.99, up Rs 2.88, or 3.47 percent.

It has touched an intraday high of Rs 86.40 and an intraday low of Rs 80.32.

It was trading with volumes of 18,441 shares, compared to its five day average of 6,489 shares, an increase of 184.18 percent.

ITC was quoting at Rs 401.40, down Rs 1.00, or 0.25 percent.

It has touched an intraday high of Rs 403.45 and an intraday low of Rs 400.80.

It was trading with volumes of 141,267 shares, compared to its five day average of 9,820,781 shares, a decrease of -98.56 percent.

In the previous trading session, the share closed down 0.47 percent or Rs 1.90 at Rs 402.40.

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 18.24 percent below its 52-week high and 2.53 percent above its 52-week low.

Market capitalisation stands at Rs 502,912.45 crore.

Canara Robeco Asset Management Company was quoting at Rs 306.85, down Rs 4.20, or 1.35 percent.

It has touched an intraday high of Rs 310.25 and an intraday low of Rs 306.25.

Gujarat Kidney and Super Speciality made a positive debut on the stock market, with its shares listing at a premium to the IPO price, reflecting healthier immediate investor sentiment compared with some recent issues. On the listing day (Dec 30, 2025), the stock opened around ₹120.75 versus the IPO price of ₹114, translating into a listing gain of approximately +5% to +6% over the IPO price.

Gujarat Kidney operates a network of seven multispeciality hospitals and four pharmacies across Gujarat, focusing on renal sciences and super-speciality care, with an asset-light expansion approach including acquisitions and facility additions. The company operates seven multispeciality hospitals and four pharmacies with a total bed capacity of 490 beds, an approved capacity of 455 beds, and an operational capacity of 340 beds.

Short-term investors may consider booking partial profits around key resistance levels, especially if the broader market weakens. For Long-Term Investors: Hold the issue with a stop-loss around the lower ₹104–₹108 zone.

Gold rose on Tuesday, recovering from a sharp selloff in the previous session, as thin year-end trade exacerbated volatility, with traders expecting fundamental drivers to carry precious metals to new highs in 2026.

Spot gold was up 1.1% at $4,378.29 per ounce, after hitting a record high of $4,549.71 on Friday. It fell to its lowest since December 17 on Monday, marking its sharpest daily percentage loss since October 21.

U.S. gold futures for February delivery were up 1.1% at $4,392.0/oz.

The Sensex was down 103.87 points or 0.12 percent at 84,591.67, and the Nifty was down 35.15 points or 0.14 percent at 25,906.95. About 1499 shares advanced, 2090 shares declined, and 174 shares unchanged.

Paras Defence and Space Technologies was quoting at Rs 672.55, down Rs 12.70, or 1.85 percent.

It has touched an intraday high of Rs 688.40 and an intraday low of Rs 670.

It was trading with volumes of 15,138 shares, compared to its five day average of 42,358 shares, a decrease of -64.26 percent.

In the previous trading session, the share closed down 1.88 percent or Rs 13.15 at Rs 685.25.

The share touched a 52-week high of Rs 971.80 and a 52-week low of Rs 401.00 on 19 May, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 30.79 percent below its 52-week high and 67.72 percent above its 52-week low.

Market capitalisation stands at Rs 5,419.90 crore.

Waaree Renewable Technologies has received an enhancement in the capacity under the existing contract from from 30 MWp to 35 MWp for the execution of Engineering, Procurement, and Construction (EPC) works for a Ground mount solar power project including Operation and Maintenance (O&M).

Waaree Renewable Technologies was quoting at Rs 952.10, up Rs 6.60, or 0.70 percent.

It has touched an intraday high of Rs 958.95 and an intraday low of Rs 938.

It was trading with volumes of 22,314 shares, compared to its five day average of 32,431 shares, a decrease of -31.20 percent.

Bluestone Jewellery and Lifestyle was quoting at Rs 482.70, up Rs 0.65, or 0.13 percent. It has touched an intraday high of Rs 482.75 and an intraday low of Rs 465.95.

In the previous trading session, the share closed down 2.35 percent or Rs 11.60 at Rs 482.05. Market capitalisation stands at Rs 7,304.23 crore.

High turnover in silver exchange-traded funds persisted, with Nippon India Silver ETF and ICICI Prudential Silver ETF featuring among the most-traded securities on the NSE and BSE respectively as investors sought exposure to precious metals.

#1 Tanishq launched Tanishq Diamonds expertise centre in its first store in Mumbai

#2 Mumbai store is equipped with machines that aid in-store diamond evaluation

#3 SynthDetect machine tests the diamond via a four-step process

#4 This will be a gradual launch across the store network

#5 Believe the initiative will further strengthen the trust associated with the Tanishq Brand

Hind Copper topped turnover on both BSE and NSE with strong volumes, followed by Dixon Technologies, Rail Vikas Nigam and Mishra Dhatu Nigam -- indicating active interest in metals and industrial manufacturing counters.

HDFC Bank and ICICI Bank were the biggest negative contributors on the Sensex, joined by weakness in Infosys, HCL Tech and Bajaj Finance, which together accounted for a bulk of the index decline.

Reliance Industries led the limited positive contributions on the Sensex, alongside SBI, Bharti Airtel, Larsen & Toubro and Titan, helping cushion broader losses in early trade.

Lloyds Metals slumped over 5 percent to lead midcap losers, followed by Bharti Hexacom and Coromandel International, both down nearly 4 percent. GlaxoSmithKline, JK Cement, Godrej Industries and Ipca Labs also declined between 3–2.8 percent, weighing on the broader midcap index.

Jindal Stainless, NALCO, and AIA Engineering led the midcap pack with gains of 2-3 percent, while Clean Science and Ajanta Pharma also advanced over 2 percent. Indian Bank and NMDC added further support to the midcap index with gains of around 2 percent and 1.8 percent respectively.

BSE sector indices showed a mixed pattern, with auto and metals advancing around 0.5–0.7 percent, while healthcare, services, and realty declined about 0.5 percent. IT and consumer durables also traded mildly lower, reflecting the broader choppiness in the market.

InterGlobe Aviation fell over 1.5 percent and was the biggest drag on the Sensex, followed by Eternal and Bajaj Finserv, each down more than 1 percent. UltraTech Cement, Kotak Mahindra Bank and Bajaj Finance also declined, weighing on the benchmark.

M&M led the gains on the Sensex, rising 1.3 percent, followed by Bharti Airtel and Maruti Suzuki with gains of around 0.8 percent each. Adani Ports, Axis Bank and SBI also traded higher, offering some support to the benchmark amid choppy market conditions.

At 11:10 am, the Sensex was down 48.82 points or 0.06 percent at 84,646.72, and the Nifty was down 16.15 points or 0.06 percent at 25,925.95. About 1572 shares advanced, 1906 shares declined, and 179 shares unchanged.

Deepa Jewellers is going to raise Rs 2.5 billion in fresh issue in IPO

The Sensex was down 55.69 points or 0.07 percent at 84,639.85, and the Nifty was down 13.15 points or 0.05 percent at 25,928.95. About 1589 shares advanced, 1849 shares declined, and 184 shares unchanged.

Promoter Timex Group Luxury Watches B.V., Netherlands, has decided to exercise the oversubscription option to the extent of 45.09 lakh equity shares (4.47% stake) in the offer-for-sale on December 30, in addition to the base offer size of a 4.47% stake.

Timex Group India was quoting at Rs 342.15, up Rs 12.65, or 3.84 percent.

It has touched an intraday high of Rs 345.80 and an intraday low of Rs 332.

It was trading with volumes of 3,875,401 shares, compared to its five day average of 107,836 shares, an increase of 3,493.78 percent.

The company has achieved the first tunnel breakthrough in the City and Industrial Development Corporation’s (CIDCO) augmentation of the Hetawane Water Supply Scheme at Shaft-4 in Wahal village, Navi Mumbai.

The company stated that it would complete the project six months ahead of schedule. CIDCO has undertaken this project to meet the growing water demand in Navi Mumbai’s developing regions.

Afcons Infrastructure was quoting at Rs 384.50, down Rs 0.95, or 0.25 percent. It has touched an intraday high of Rs 392.15 and an intraday low of Rs 383.80.

KPI Green Energy was quoting at Rs 442.35, up Rs 38.35, or 9.49 percent.

It has touched an intraday high of Rs 443.15 and an intraday low of Rs 404.05.

It was trading with volumes of 91,494 shares, compared to its five day average of 35,230 shares, an increase of 159.70 percent.

In the previous trading session, the share closed down 3.04 percent or Rs 12.65 at Rs 404.00.

The share touched a 52-week high of Rs 589.00 and a 52-week low of Rs 312.95 on 03 January, 2025 and 29 January, 2025, respectively.

Currently, the stock is trading 24.9 percent below its 52-week high and 41.35 percent above its 52-week low.

Market capitalisation stands at Rs 8,729.38 crore.

#1 CARE ratings upgrades long-term credit rating to AAA

#2 Will watch for potential actions from other rating agencies as well

#3 These could result in a meaningful reduction in borrowing costs for Shriram

#4 Rating upgrade could catalyse higher long-term loan growth & better loan spreads

Shriram Finance was quoting at Rs 966.10, up Rs 10.75, or 1.13 percent.

It has touched an intraday high of Rs 976.35 and an intraday low of Rs 956.45.

It was trading with volumes of 110,376 shares, compared to its five day average of 1,240,916 shares, a decrease of -91.11 percent.

Hindustan Copper was quoting at Rs 517.50, up Rs 30.05, or 6.16 percent.

It has touched an intraday high of Rs 519.75 and an intraday low of Rs 480.65.

It was trading with volumes of 7,077,720 shares, compared to its five day average of 6,387,076 shares, an increase of 10.81 percent.

In the previous trading session, the share closed up 2.52 percent or Rs 12.00 at Rs 487.45.

The share touched a 52-week high of Rs 545.95 and a 52-week low of Rs 183.90 on 29 December, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 5.21 percent below its 52-week high and 181.4 percent above its 52-week low.

Market capitalisation stands at Rs 50,043.49 crore.

The meeting of the Board of Directors of Minda Corporation which was scheduled to be held on Tuesday, December 30, 2025, has been cancelled due to unavoidable circumstances.

Minda Corporation was quoting at Rs 566.80, down Rs 0.10, or 0.02 percent.

It has touched an intraday high of Rs 572.20 and an intraday low of Rs 563.45.

It was trading with volumes of 5,778 shares, compared to its five day average of 16,909 shares, a decrease of -65.83 percent.

In the previous trading session, the share closed down 2.33 percent or Rs 13.55 at Rs 566.90.

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

Currently, the stock is trading 12.04 percent below its 52-week high and 27.3 percent above its 52-week low.

Market capitalisation stands at Rs 13,551.02 crore.

The company has launched its new range of Gulf Syntrac, a 100% fully synthetic premium motorcycle engine oil range.

Gulf Oil Lubricants India was quoting at Rs 1,206.00, up Rs 15.90, or 1.34 percent.

It has touched an intraday high of Rs 1,206 and an intraday low of Rs 1,183.50.

In the previous trading session, the share closed down 0.04 percent or Rs 0.45 at Rs 1,190.10.

The share touched a 52-week high of Rs 1,331.20 and a 52-week low of Rs 950.00 on 16 September, 2025 and 28 January, 2025, respectively.

Currently, the stock is trading 9.41 percent below its 52-week high and 26.95 percent above its 52-week low.

Market capitalisation stands at Rs 5,947.95 crore.

The company has received in-principle approval from its Board of Directors to set up a new FMCG manufacturing facility in the Kingdom of Saudi Arabia (KSA).

This will be the company’s first manufacturing plant outside India, supporting its FMCG growth strategy and strengthening its presence in overseas markets, beginning with the Gulf Cooperation Council (GCC) region.

Cupid was quoting at Rs 486.00, down Rs 0.50, or 0.10 percent.

It has touched a 52-week high of Rs 498.30.

It has touched an intraday high of Rs 498.30 and an intraday low of Rs 483.15.

The company has announced the commencement of commercial operations of the ninth part capacity of 13.98 MW out of the 1,255 MW Khavda-I Solar PV project of NTPC Renewable Energy.

The current commercial capacity of NTPC Green Energy stands at 7,996.30 MW. With the addition of this capacity, the total installed capacity of the NGEL Group will increase to 8,010.28 MW.

NTPC Green Energy was quoting at Rs 94.45, down Rs 0.60, or 0.63 percent. It has touched an intraday high of Rs 95.85 and an intraday low of Rs 94.26.

Mastek was quoting at Rs 2,094.40, down Rs 16.95, or 0.80 percent.

It has touched an intraday high of Rs 2,100.40 and an intraday low of Rs 2,080.50.

It was trading with volumes of 3,102 shares, compared to its five day average of 2,071 shares, an increase of 49.78 percent.

In the previous trading session, the share closed down 1.86 percent or Rs 39.95 at Rs 2,111.35.

The share touched a 52-week high of Rs 3,134.95 and a 52-week low of Rs 1,882.90 on 03 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 33.19 percent below its 52-week high and 11.23 percent above its 52-week low.

Market capitalisation stands at Rs 6,489.84 crore.

#1 Near-term growth trajectory looks clouded given tapering smartphone sales in India

#2 Market share losses for its key customers

#3 Expect largely flat YoY topline growth in Q3, paving way for FY26 guidance cut

#4 Interactions with investors indicate concerns around regulatory approvals

#5 Remain constructive on medium term growth

#6 Despite cuts to FY26-27 earnings, FY28 EPS is largely unchanged