Gainers & Losers: 10 stocks that moved the most on December 12

Sensex and Nifty ended lower on December 12, as investors remained cautious ahead of the weekly derivatives expiry and the release of India’s CPI data post-market hours. After a strong two-week run outperforming the benchmarks, broader markets faced selling pressure, with the BSE Midcap and Smallcap indices slipping 0.5 percent and 1 percent, respectively. At close, the Sensex dropped 236.18 points or 0.29 percent to settle at 81,289.96, while the Nifty slipped 93.10 points or 0.38 percent to 24,548.70. The market breadth leaned negative, with 1,440 stocks advancing, 2,395 declining, and 102 remaining unchanged.

Shakti Pumps | CMP Rs 856.55 | Shares surged 5 percent to hit an upper circuit, extending gains for a fourth session in a row on December 12 after the company received an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25,000 standalone off-grid DC Solar Photovoltaic Water Pumping Systems.

GHCL | CMP: Rs 734 | Shares climbed over 4 percent driven by news of environmental clearance by the government for its Soda Ash Greenfield Project in Kutch, Gujarat. The Ministry of Environment, Forest, and Climate Change granted the approval on Thursday, enabling the company to move ahead with its expansion plans.

Nifty IT | IT stocks surged in trade, taking the Nifty IT index to a record high, up around 1 percent after an in-line U.S. inflation data reinforced expectations of a Federal Reserve rate cut next week, a positive development for India's information technology companies, which earn a significant share of their revenue from the U.S. All to components of the Nifty It index were in green with Persistent Systems, Tech Mahindra, and Coforge seeing the maximum gains.

Adani Group stocks | Most Adani Group stocks traded with sharp gains, with Adani Green Energy shares leading the gains with its 6 percent surge, leading to a jump in conglomerate's m-cap by Rs 27,000 crore. Adani Green Energy's arm commissioned a 250 MW solar power project in Rajasthan. Following the commissioning of this plant, the firm’s total operational renewable generation capacity increased to 11,434 MW.

Bajaj Housing Finance | CMP: Rs 133 | Shares fell over 6 percent as the three-month shareholder lock-in period for anchor investors comes to an end. Up to 12.6 crore shares or around 2 percent of the total equity in the firm will be freed up for trade. However, this doesn't mean investors will offload their holdings, its just been freed up for trade.

Waaree Energies | CMP: Rs 3,287 | Shares have been on a roll, surging close 4 percent after the company bagged a project for the development of a 170 MW solar power plant in Madhya Pradesh. With the surge in today's session, the stock also managed to extend its winning streak to the seventh consecutive session, clocking in gains of over 20 percent during the period.

Hitachi Energy | CMP: Rs 13,140 | Shares zoomed 4 percent following the company's recent order win in Japan and a partnership with Samsung C&T to explore global High-Voltage Direct Current (HVDC) project opportunities.

Nuvama Wealth Management | CMP: Rs 6,915 | Shares of Nuvama Wealth Management worth Rs 2,100 crore were sold in a block deal on the exchanges on December 12 with two Edelweiss group entities--Edel Finance Company and Ecap Equities being the likely sellers. Following the block deal, shares of Nuvama tumbled over 5 percent.

Neuland Laboratories | CMP: Rs 15,952 | Shares of Neuland Laboratories plunged 6 percent after a block deal worth Rs 780 crore took place on the exchanges, with Smallcap World Fund being the likely seller. Around 4.9 lakh shares, making up an 3.8 percent stake in Neuland Labs, changed hands at an average price of Rs 15,900 per share, an over 6 percent discount from Wednesday's close.