Stock Market Today Live Updates: Sensex, Nifty edge up, lifted by tech stocks rally
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Stock Market Today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 4 December 2025
December 4, 2025 14:45
Stock markets today: Reliance is said to start work on draft prospectus for Jio’s likely record IPO
Reliance is said to start work on draft prospectus for Jio’s likely record IPO
Reliance begins drafting Jio's record IPO prospectus, aiming for a valuation of up to $170 billion in India.
December 4, 2025 14:41
Stock markets today: IndiGo denies DGCA probe request
IndiGo says it is not aware of any probe by the Directorate General of Civil Aviation (DGCA). The DGCA, however, has sought certain information in connection with the said matter and the Company is in the process of providing the same.
December 4, 2025 14:36
Stock markets today: Nifty PSU Bank Index falls 0.22% as SBI, PNB decline
Nifty PSU Bank Index falls 0.22% as SBI, PNB decline
PSU Bank Index drops 0.22% as SBI and PNB decline, despite strong medium-term performance and trading activity.
December 4, 2025 14:34
Stock markets today: BEML bags ₹157-crore order to manufacture switch rail grinding machines
BEML bags ₹157-crore order to manufacture switch rail grinding machines
BEML secures a ₹157 crore order to manufacture specialized switch rail grinding machines for railway maintenance.
December 4, 2025 14:19
Stock markets today: Dr Reddy’s gets Delhi HC’s permission to export generics of Novo Nordisk’s semaglutide drug
Dr Reddy’s gets Delhi HC’s permission to export generics of Novo Nordisk’s semaglutide drug
Delhi HC permits Dr Reddy's to export generics of Novo Nordisk's semaglutide, rejecting patent claims and addressing evergreening concerns.
December 4, 2025 14:18
Stock markets today: INR slide below 90 brings ‘mixed consequences’, says Brickwork Ratings
Rajeev Sharan, Head – Criteria, Model Development & Research, Brickwork Ratings writes:
The rupee’s fall below 90 against the dollar brings mixed consequences. While export sectors like IT and textiles gain competitiveness, higher import costs for crude and raw materials will squeeze margins and widen the trade deficit. Rising inflationary pressures could dampen consumer demand and corporate profitability, while firms with unhedged foreign borrowings may face financial stress. These pressures could weigh on credit profiles in vulnerable industries. Following initial volatility, we expect the rupee to settle below 90 as fundamentals rebalance and markets adjust to the new equilibrium.
December 4, 2025 14:17
Stock markets today: AWS ProServe unveils ‘Artham’ at AWS re:Invent 2025 - India’s first Small Language Model for Capital Markets
At its flagship event - AWS re:Invent 2025 conference currently underway in Las Vegas, Amazon Web Services (AWS) unveiled Artham - India’s first Small Language Model (SLM) trained exclusively on Indian Financial & Capital Markets and built by Raise Financial Services. Raise is the company owning and operating India’s fastest-growing stock trading platform Dhan, and AI-powered financial markets research assistant
December 4, 2025 14:16
Stock markets today: Bitcoin stabilises near $93k but rally loses steam: Giottus CEO
Vikram Subburaj, CEO, Giottus.com:
Quote : “Bitcoin extended its recovery for a third straight session and held near $93,000 after a 10% rebound from Monday’s $84,000 lows. The move puts BTC roughly in line with its estimated production cost at $92,000, according to network valuation models. This suggests that the market is back in equilibrium after November’s heavy drawdown. Still, the rally appears to be losing momentum near the 2025 yearly open, which is a key resistance level that has capped price advances so far. Leverage and funding remain subdued, signalling that most traders are cautious rather than chasing upside. The recent bounce has been driven more by ETF flows and positioning than by renewed retail participation. This leaves Bitcoin in a technically balanced but sentiment-sensitive zone.
Macro conditions continue to dominate the narrative. Weak U.S. labour and consumer data have reinforced expectations of a December US Fed rate cut. Markets are pricing in an 87% probability. Treasury yields have retreated and gold climbed back toward record levels with investors anticipating a return to looser liquidity conditions. Yet the optimism is tempered by uncertainty around AI-driven equity valuations and slowing corporate spending. For crypto, this combination of slowing growth and easier policy tends to reduce downside risk while limiting immediate upside. Here, capital remains defensive even in a liquidity-friendly environment.
Altcoins joined the rebound strongly. Ether was up to $3,200 to hit its highest in two weeks. ADA, SOL, and LINK extended gains from earlier in the week. Derivatives data, however, show that bullish leverage remains thin despite these price improvements. This indicates that traders are reluctant to overextend until macro clarity improves. Crypto-linked equities also recovered, led by Circle and Gemini, which rose around 8-10%. Overall, the market is stabilising, but conviction remains fragile.
Our advice: For investors, the practical markers now are this: watch if BTC can close above $94,000 with rising spot volumes. Keep an on ETF inflows as the main driver of upside, and treat the $88,000-$90,000 range as the first demand zone where long-term buyers have been active this week.”
December 4, 2025 14:14
Stock markets today:Brigade Enterprises buys 4-acre Neopolis Plot for ₹118 cr per acre
Brigade Enterprises has acquired Plot 20, spanning 4.04 acres in Phase 3 of Neopolis, Kokapet, through an auction conducted by Hyderabad Metropolitan Development Authority at a price of ₹118 crore per acre.
December 4, 2025 14:01
Stock markets today: Brahmaputra Infrastructure has emerged as the Lowest (L l) Bidder in a tender floated PWD(R&B) JAMMU of an total amount ₹113.54 Crore.
December 4, 2025 14:01
Sock markets today: IndusInd Bank has issued a clarification pertaining to report on partnership with Hinduja Group
IndusInd Bank has issued a clarification pertaining to report on partnership with Hinduja Group.
“No discussion for on-boarding strategic partner is underway with anyone in the Bank. The Bank remains well-capitalised, growth focused, and fully aligned with its strategic roadmap.”
Shares up 1.8% on the NSE to ₹862.
December 4, 2025 13:46
Stock markets today: Airtel-Nokia partnership to help developers create new monetization opportunities
Airtel-Nokia partnership to help developers create new monetization opportunities
Airtel and Nokia partner to empower developers with network capabilities, enabling innovative solutions and new monetization opportunities.
December 4, 2025 13:45
Stock markets today: IndusInd Bank denies report of talks to bring in strategic partner
IndusInd Bank denies report of talks to bring in strategic partner
IndusInd Bank denies reports of pursuing a strategic partner, affirming no discussions are currently taking place.
December 4, 2025 13:42
Stock markets today: KPI Green Energy secures 142 MW floating solar project from Gujarat government
KPI Green Energy secures 142 MW floating solar project from Gujarat government
KPI Green Energy secured a 142 megawatt-peak (MWp) DC/ 110 MW (AC) floating solar EPC contract from the Gujarat State Electricity Corporation (GSECL).
December 4, 2025 13:30
Stock market live updates today: BEML secures Rs 157-crore order for Switch Rail Grinding Machines from Loram Rail Maintenance; shares flat on NSE
BEML has secured an order for manufacturing Switch Rail Grinding Machines valued at Rs. 157 crore from Loram Rail Maintenance India Private Ltd. These machines will be supplied to Indian Railways for Track Maintenance.
Shares flat on the NSE at Rs 1,771.60
December 4, 2025 13:23
Stock market live updates today: Lupin and Valorum enter into an exclusive licensing agreement for Biosimilar Armlupeg (Pegfilgrastim-unne) in the US; Lupin shares flat on the NSE at Rs 2,093.7
December 4, 2025 13:22
Stock market live updates today: E2E Networks executes Rs 177-crore order related to the allocation of GPU resources by the IndiaAI Mission
E2E Networks said execution of an order valued at approximately Rs 177 crore has commenced. The order pertains to the allocation of GPU resources by the IndiaAI Mission, Ministry of Electronics and Information Technology, for use by GNANI AI under the IndiaAI initiative. The company expects the entire allocation to go live by mid-January 2026
December 4, 2025 13:15
Stock market live: Ashika Investment Managers Pvt. Ltd. receives SEBI note for launch of the Ashika Mid & Small Cap Fund, an open-ended Category III AIF which is now open for subscription
December 4, 2025 13:14
Stock market live updates today: BCL Industries’ board approves sale of land at Bathinda, acquisition of additional 25% stake in Svaksha Distillery
BCL Industries’ board approves sale of land situated at Hazi Ratan Link Road, Bathinda.
Board also approved acquiring additional 25% stake in Svaksha Distillery Ltd, subsidiary of the company, in one or more tranches, thereby making it a 100% subsidiary of BCL Industries.
December 4, 2025 13:11
Stock market live updates today: Godawari Power and Ispat board approves investment in equity shares of Deccan Gold Mines
Godawari Power and Ispat board approves investment in equity shares of Deccan Gold Mines to the extent of the unsubscribed portion of the rights issue at a price of Rs 80 (including premium of Rs 79) per share.
December 4, 2025 13:09
Stock market live updates today: Mid-market movers: Sensex, Nifty gain on IT strength; IndiGo shares under pressure amid service disruption
Equity benchmarks inched higher in the afternoon trade on Thursday, recovering from a muted start, as a sharply weaker rupee and rising expectations of a US Federal Reserve rate cut next week lifted information technology stocks.
Top gainers and losers on NSE, BSE 4th Dec 2025: Sensex, Nifty gain on IT strength, IndiGo shares under pressure amid service disruption
IT majors surge as IndiGo and select blue-chips weigh on the index. Tech Mahindra, TCS, HCL Tech, Adani Enterprises, Wipro and Infosys led Nifty 50 gains. IndiGo, Maruti, Eternal, Kotak Bank and Dr Reddy’s were among the top losers.
December 4, 2025 12:57
Stock market live updates today: Asian Energy Services receives Letter of Award from Sun Petrochemicals for Acquisition & Processing of 4D Seismic Data for SunPetro’s Bhaskar Field in Gujarat
December 4, 2025 12:56
Stock market live updates: IndiGo shares at Rs 5,513.50 on the NSE at 12.53 pm, against previous close of Rs 5,595.50; stock top loser on Nifty 50 on reports of nationwide operational disruptions
IndiGo shares traded at Rs 5,513.50 on the NSE at 12.53 pm, hitting a low of Rs 5,405 against the previous close of Rs 5,595.50. The stock traded as the top loser of the Nifty 50 pack on reports of nationwide operational disruptions
December 4, 2025 12:54
Stock market live updates today: Zydus receives EIR for the injectable facility located at Jarod; shares flat on the NSE at Rs 934.05
December 4, 2025 12:48
Stock market live updates today: IT stocks lift indices as markets await RBI policy decision
Benchmark indices traded marginally higher in afternoon session on Thursday, with the Sensex up 146.63 points at ₹85,253.44 and the Nifty rising 41.40 points to 26,027.40, as investors remained cautious ahead of the Reserve Bank of India’s monetary policy announcement on Friday.
Information technology stocks led the gains, with TCS advancing 1.80 per cent to ₹3,237.10 and Tech Mahindra also rising 1.80 per cent to ₹1,569.40. Other IT gainers included HCL Tech, up 1.28 per cent at ₹1,661.50, and Infosys, which climbed 1.15 per cent to ₹1,596.80. SBI Life Insurance gained 1.66 per cent to reach ₹2,005.50.
IT stocks lift indices as markets await RBI policy decision
IT stocks boost indices amid mixed market performance, as investors await the RBI’s monetary policy announcement.
December 4, 2025 12:47
Stock market live updates today: Rupee’s undervaluation to attract global funds, say analysts
India’s rupee is undervalued at current levels after sliding to record lows, and this could draw foreign investors back to the nation’s equities, according to Elara Capital and Yes Securities Ltd.
Rupee’s undervaluation to attract global funds, say analysts
Analysts believe India's undervalued rupee may attract foreign investment, indicating limited downside for local assets.
December 4, 2025 12:46
Stock market live updates today: HDFC Bank sees rupee falling to 92 in absence of quick US trade deal
Mumbai - Uncertainty over the timing of the US.–India trade deal is fuelling rupee volatility and the absence of a quick agreement could push the currency to as low as 92 per dollar, the head of treasury at HDFC Bank said.
HDFC Bank sees rupee falling to 92 in absence of quick US trade deal
HDFC Bank warns that without a swift US trade deal, the rupee may drop to 92, exacerbating its ongoing decline.
December 4, 2025 12:45
Stock market live updates today: Zinc futures: Uptrend intact
Zinc futures, currently trading at ₹309/kg, have been rallying since last week. Early this week, it broke out of a resistance at ₹305. On Thursday, the contract (December expiry) marked a high of ₹310.70.
Zinc futures: Uptrend intact
Zinc futures show a bullish trend, anticipating a dip to ₹300 before a potential rally to ₹325.
December 4, 2025 12:29
Stock market live updates today: Mufin Green Finance allotted NCDs aggregating to Rs 90 crore
December 4, 2025 12:28
Stock market live updates today: Granules India's US arm completes GMP inspection by US FDA with zero observations; shares flat on NSE
Granules India Ltd said its US step-down subsidiary, Granules Consumer Health, LLC, a wholly-owned subsidiary of Granules Pharmaceuticals, Inc., completed a GMP inspection by the US Food and Drug Administration (FDA) with zero observations. This was the facility’s second FDA inspection, following the March 2023 audit that resulted in a No Action Indicated (NAI) classification.
Granules India shares flat on the NSE at Rs 571.80
December 4, 2025 12:16
Stock market live updates today: Elitecon International banks on new FMCG product launches for growth
Elitecon International banks on the rapid scale-up of its FMCG edible-oil vertical, new launches and strong export momentum to drive future growth for the company.
Elitecon International banks on new FMCG product launches for growth
Elitecon International aims for growth through new FMCG product launches and strong export momentum across diverse consumption categories.
December 4, 2025 12:10
Stock market live updates today: Abhinav Tiwari, Research Analyst at Bonanza
With global markets increasingly confident that the US Federal Reserve will cut rates by 25 bps in its December 9-10 meeting, the focus has now shifted to whether the RBI will follow with its own rate cut. A Fed rate cut matters for India because it narrows the interest rate gap between the two countries. When US rates fall, the yield advantage of investing in India becomes more attractive, reducing the risk of foreign investors pulling money out of Indian debt markets. This easing in external pressure gives RBI more flexibility to adjust its own policy without triggering heavy FII outflows or sharp movements in the rupee.
Domestically, inflation has been softening, core inflation remains contained, and growth continues to hold strong momentum. With price pressures under control, RBI has enough policy space to support demand through a modest reduction in rates. A 25 bps cut would help ease borrowing costs, support credit growth, and improve liquidity at a time when global financial conditions are turning more accommodative. While RBI has remained cautious due to currency volatility and external risks, the expected Fed cut significantly reduces those concerns. A lower US rate structure would ease dollar strength and stabilize global capital flows, allowing RBI to priorities domestic growth and lower real rates without risking major rupee depreciation.
In this situation, a small 25 bps rate cut looks quite likely. With inflation under control at home and global central banks also moving toward lower rates, the December MPC meeting could be the start of RBI slowly reducing interest rates again.
December 4, 2025 12:09
Stock market live updates today: Pranay Aggarwal, Director and CEO of Stoxkart, says Putin’s India visit may spark a defence-sector surge as investors anticipate fresh deals and growth momentum
As Russian President Vladimir Putin’s two-day state visit to India begins on December 4, 2025, for the 23rd India-Russia Annual Summit—his first since the Ukraine conflict escalated—it highlights a renewed emphasis on defence ties, with Putin joined by key defence officials and arms export leaders to advance discussions on expanding air defence systems, introducing cutting-edge missile technologies, and procuring advanced stealth fighters, complemented by a new logistics agreement for shared military support, all designed to strengthen bilateral relations and counter external pressures while reinforcing Russia’s position as a primary defence partner amid India’s broader diversification strategy. This dovetails with the Indian government’s intensified commitment to the defence sector, marked by a substantial budget increase that prioritizes reforms, boosts capital investments for modernization, promotes domestic sourcing, enhances research and development, and advances self-reliance initiatives to build a more autonomous military capability in response to regional security challenges. The sector’s outlook is optimistic, with steady market expansion anticipated over the coming years, supported by robust revenue growth, rising production levels, and increasing exports, driven by innovative startups, technology incubation programs, and long-term modernization efforts across naval, air, and land domains to establish India as a prominent player in global defence technology. The order pipeline remains strong and expansive, bolstered by numerous recent contracts heavily favoring indigenous suppliers, encompassing approvals for unmanned systems, artillery upgrades, radar enhancements, new-generation naval vessels, missile platforms, and submarine developments, with the ongoing summit expected to accelerate Russia-related procurements in air defence and aviation in the near term. Despite these positive drivers, sector valuations, appear elevated, with the relevant index experiencing recent pullbacks due to profit-taking and market dynamics, trading at premiums compared to broader benchmarks following a sharp year-to-date rise, though corrections may present opportunities for long-term investors betting on sustained earnings growth, balanced against potential implementation hurdles and international uncertainties.
December 4, 2025 12:08
Stock market live updates today: Ayekart launches Aantriva: A unified AI-enabled platform to streamline India’s agri-food ecosystem, targeting ₹30,000 crore throughput over the next three years
Ayekart, one of India’s leading integrated agri-food networks, today announced the launch of Aantriva, a unified AI-enabled platform designed to bring efficiency, transparency, and intelligence to India’s fragmented agri-food value chain.
Despite rapid growth in India’s agriculture and FMCG sectors, the agri-food ecosystem continues to operate in silos. Farmers and FPOs struggle with limited market access, delayed payments, weak price discovery, and a lack of formal credit. Processors face inconsistent supply, quality variation, and working capital constraints. FMCG players and manufacturers lack reliable data on consumption, demography, trends, indirect distribution, and last-mile retail. Financial institutions continue to deal with weak digital footprints, unverified transactions, and limited credit histories of farmers and MSMEs in the sector.
Speaking on the launch, Debarshi Dutta, Co-founder & CEO, Ayekart, said: “Aantriva is backed by more than four and a half years of Ayekart’s on-ground experience in the agri-food network, supporting over 3,00,000 farmers, 530 FPOs, and more than 30,000 retailers. This AI-enabled platform has been built to address the structural challenges of India’s agri-food sector through an integrated architecture that brings end-to-end visibility across sourcing, processing, distribution, and finance. Aantriva leverages data on weather, prices, GIS and government policies to deliver predictive insights on crop intelligence, price discovery, and weather forecasting. It also helps reduce the carbon footprint across the value chain by enabling efficient route planning for transportation and supply movement. The platform further simplifies ordering through an AI-driven voice interface connected to WhatsApp, making transactions faster and more intuitive. By strengthening every stage of the farm-to-shelf journey, Aantriva cuts inefficiencies, reduces wastage, improves planning, and supports smoother financial workflows for farmers, FPOs, processors, brands, and financial institutions.”
By bringing structured intelligence into a traditionally fragmented system, Aantriva supports more predictable procurement, better demand alignment, traceable movement of goods, and reliable transaction trails for financial institutions. As the network expands, it is expected to create stronger supply-chain linkages, reduce avoidable losses, and provide stakeholders with the information they need to take timely, market-aligned decisions. Ayekart will continue enhancing Aantriva with advanced intelligence capabilities, ensuring that India’s agri-food ecosystem becomes increasingly connected, data-ready, and future-compatible.
December 4, 2025 12:08
Stock market live updates today: Subros Ltd bags Rs 52.18-crore Indian Railways order for annual maintenance of Cab HVAC Units (to be completed in three years). Shares flat on the NSE at Rs 881.5
December 4, 2025 12:05
Stock market live updates today: Implement wage settlement without delay, demand Nabard employees
The All-India Nabard Employees’ Association (AINBEA) is mulling over an action plan, including strikes and dharna before Parliament, to give expression ‘in a higher form of organisational protest’ to press its demand for immediate implementation of the negotiated wage settlement.
Implement wage settlement without delay, demand Nabard employees
Nabard employees demand immediate wage settlement implementation, expressing frustration over delays and planning protests to assert their rights.
December 4, 2025 11:58
Stock market live updates today: Fitch ups India's FY'26 GDP growth forecast to 7.4% on better consumer spending, GST reforms
Fitch Ratings on Thursday raised India’s GDP growth forecast for the current fiscal to 7.4 per cent, from 6.9 per cent, on increased consumer spending and improved sentiment boosted by GST reforms.
Fitch ups India's FY'26 GDP growth forecast to 7.4% on better consumer spending, GST reforms
Fitch raises India's FY'26 GDP growth forecast to 7.4% due to enhanced consumer spending and GST reforms, signaling economic optimism.
December 4, 2025 11:57
Stock market live updates today: JSW Steel’s joint venture move with Japan’s JFE Steel draws mixed reactions from brokerages
JSW Steel’s decision to enter a 50:50 joint venture with Japan’s JFE Steel Corporation to house the integrated steel business of its subsidiary Bhushan Power & Steel Ltd (BPSL) has triggered a wave of analyst reactions, ranging from highly optimistic to sharply cautious. The deal values the BPSL business at roughly ₹53,000 crore, with JFE investing ₹15,750 crore for its stake.
JSW Steel’s JV move with Japan’s JFE Steel draws mixed reactions from brokerages
JSW Steel's joint venture with JFE Steel sparks mixed brokerage reactions, balancing optimism and caution amid market challenges.
December 4, 2025 11:41
Stock market live updates today: Gold futures fall, silver gains as weak US data spurs caution
Gold prices fell to ₹1,30,374 per 10 grams while silver futures rose to ₹1,82,672 per kilogram on Wednesday as mixed global trends and weak US economic data prompted cautious trading among investors.
Gold futures fall, silver gains as weak US data spurs caution
Gold futures decline while silver prices rise amid weak US economic data, prompting cautious trading among investors.
December 4, 2025 11:24
Stock market live updates today: Hexaware Technologies has strengthened its global delivery network with a new center in Cairo
December 4, 2025 11:23
Stock market live updates today: RateGain Launches Rev-AI Clarity, a Revenue Assistant for Car Rentals. Shares flat on the NSE at Rs 687.
December 4, 2025 11:21
Stock markets today: Transformers And Rectifiers (India) secured a work order for ₹53.33 crore.
Transformers And Rectifiers (India) secured a work order for ₹53.33 crore.
Shares flat at ₹249.50 on the NSE
December 4, 2025 11:15
Stock markets today: MPC expectations quote by Umesh Sharma, CIO-Debt, The Wealth Company Mutual Fund
“Recent data after the October MPC meeting has made the outlook for a December rate cut trickier to forecast. While soft inflation prints indicate policy space is available, recent developments have muddled the picture. Demand has held up better than expected following fiscal and monetary measures, and credit growth has continued to rise, with a high credit–deposit ratio limiting monetary transmission. Foreign-exchange intervention, undertaken to manage external pressures, has also reduced system liquidity.
Global conditions remain mixed. Communication from the U.S. Federal Reserve has been uneven, and discussions around future leadership have raised questions about policy predictability. U.S. growth remains firm, and the dollar has stabilised, for now. India’s inclusion in the Bloomberg Global Aggregate Bond Index could support debt-market flows, though these may be balanced by fiscal risks and higher future spending commitments.
Given these factors, further rate cuts may have limited impact. In our view, the preferred approach for RBI MPC should be to maintain a firmly dovish tone emphasizing space for further monetary accommodation while assuring the market on provision of ample liquidity.”
December 4, 2025 11:14
Stock markets today: Fitch raises India's FY26 growth forecast to 7.4% from 6.9% earlier
December 4, 2025 11:10
Stock markets today: The F&O preopen session for the Futures & Options segment will officially begin on December 8, 2025
Key Pointers
𝟭. 𝗧𝗵𝗲 𝗦𝗵𝗶𝗳𝘁
For the first time ever, NSE will start a Pre-Open Session in the F&O segment.
9:00 – 9:15 AM.
A 15-minute auction before the market opens.
𝟮. 𝗧𝗵𝗲 𝗧𝗶𝗺𝗲𝗹𝗶𝗻𝗲
🕒 9:00 – 9:08 AM → Order entry, modify, cancel
⚙️ 9:08 – 9:12 AM → Order matching & trade confirmation
⏳ 9:12 – 9:15 AM → Buffer before normal session
Your first trade at 9:15 AM will already have a discovered price behind it.
𝟯. 𝗪𝗵𝗮𝘁’𝘀 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝗱
✅ Current-month futures (stocks + indices)
✅ Next-month futures during the last 5 days before expiry
🚫 Not applicable to Options or Spread contracts
🚫 Skipped on corporate-action ex-dates
𝟰. 𝗪𝗵𝘆 𝗜𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝘀
💡 Smoother opens → less volatility
📊 Stronger liquidity → deeper order book
🔍 Transparent price discovery → fairer execution
F&O will finally open like global derivatives markets - clean, calculated, credible.
𝟱. 𝗛𝗼𝘄 𝗜𝘁 𝗪𝗼𝗿𝗸𝘀
* Orders collected in a call-auction pool
* Opening price = Equilibrium price where max volume executes
* Unmatched limit orders carry forward to the regular session
* No changes allowed during matching
𝟲️. 𝗥𝗶𝘀𝗸 𝗖𝗼𝗻𝘁𝗿𝗼𝗹𝘀 𝗦𝘁𝗮𝘆 𝗧𝗶𝗴𝗵𝘁
🛡️ Margin validation before order acceptance
⚙️ STPC (Self-Trade Prevention) active in pre-open
📉 Limit & Market Price Protection recalibrated using equilibrium price
December 4, 2025 11:00
Stock market live updates today: Nifty Bank prediction today – December 4, 2025: Nifty Bank futures: Positive indications seen
Nifty Bank index began today’s session lower at 59,287 versus yesterday’s close of 59,348. It is now hovering around 59,520, up nearly 0.3 per cent.
The advance/decline ratio stands at 8/4, indicating a bullish bias. IndusInd Bank (up 2.4 per cent) and Canara Bank (up 1.6 per cent) are the top gainers.
Nifty Bank prediction today – December 4, 2025: Nifty Bank futures: Positive indications seen
Nifty Bank futures show bullish trends, predicting a rise to 60,500, with key supports and resistances outlined.
December 4, 2025 10:44
Stock market live updates today: Renisha Chainani, head of research at Augmont, on gold and silver price movements:
· Gold and silver remain at record highs, as investors gain confidence in a Federal Reserve rate cut next week and ETF inflows continue. Silver-backed ETFs added almost 200 tons on Tuesday, bringing overall holdings to their highest level since 2022 due to strong demand.
· ADP figures for November revealed an unexpected fall of 32,000 private-sector jobs, considerably below expectations for a 10,000 increase and the third drop in four months. This is the steepest hiring slowdown since 2023, fueling concerns about a slowing US labour market.
· The news was consistent with dovish comments from Fed policymakers, who underlined the need to address slowing employment creation. In response, rate futures priced in a roughly 90% possibility of a 25-basis point cut next week.
· Silver has risen 100% this year due to concerns about market liquidity, following outflows to US and Chinese inventory, inclusion on the US vital minerals list, and a structural supply deficit.
Technical Triggers
· Gold has started its upward journey again; the next target is $4300 (~Rs 132,000) and $4345 (~Rs 133,500) with strong support at $4200 (~Rs 129,000).
· Silver can continue its rally towards $60 (~Rs 185,500) and $62 (~Rs 191,000), with firm support at $57 (~Rs 177,000), if tight supply conditions continue
December 4, 2025 10:42
Stock market live updates today: Pre-MPC expert comments from Kunal Shah, Co-founder, SURE (India’s first liability management platform)
Kunal Shah, Co-founder, SURE: “As the RBI’s MPC meets, the realised inflation and the trajectory provides space for RBI to ease interest rates to improve the transmission, however the weakening rupee and strong GDP might push the same for February meeting. The expert expectations are divided on the status quo or a cut. A pause provides stability but does not immediately ease pressure on borrowers, many of whom are still coping with elevated EMIs on floating-rate loans taken over the past two years.
“However, the more consequential development for the home loan ecosystem is the RBI’s recent move allowing lenders to revise the interest rate ‘spread’ based on an improving credit score, independent of the rate cycle. This directly tackles the issue of ‘silent overpayment’ and strengthens borrower rights. While discussions around a small rate cut may continue, dynamic and data-driven spread adjustments will have a far more durable impact by enabling financially disciplined borrowers to secure pricing that genuinely reflects their credit strength. If implemented effectively, this shift could redefine how pricing fairness is benchmarked across the sector”.
December 4, 2025 10:41
Stock market live updates today: Aegis Vopak Terminals board approves proposal to raise funds by way of a Non-Convertible Debentures issue for up to Rs 1,030 crore. Shares flat on NSE at Rs 272.05
December 4, 2025 10:40
Stock market live updates today: Top gainers and losers on Nifty 50:
Top gainers: Tech Mahindra (+2.10%), TCS (+1.86%), HCL Tech (+1.80%), Wipro (+1.50%), Adani Enterprises (+1.29%)
Top losers: Eternal (-0.97%), IndiGo (-0.72%), Dr Reddy’s Lab (-0.63%), HDFC Life (-0.63%), Max Health (-0.57%)
December 4, 2025 10:39
Stock market live updates today: Meesho nears 3X subscription; Meesho IPO, Vidya Wires IPO, Aequs IPO Day 2 Live Updates:
Catch all the action from Day 2 of the Meesho, Vidya Wires and Aequs IPOs live here
December 4, 2025 10:35
Stock market live updates today: Nifty Prediction Today – December 04, 2025: Nifty 50 Futures: Can rise more. Go long on dips
Nifty 50 seems to be getting some recovery in the early trades today. The index is currently trading at 26,024, up 0.15 per cent. The advances/declines ratio is at 28:22. The number of advances should increase more for the Nifty to sustain the bounce and move further higher.
Nifty Prediction Today – December 04, 2025: Nifty 50 Futures: Can rise more. Go long on dips
Nifty 50 December Futures contract can rise to 26,250-26,300
December 4, 2025 10:33
Stock market live updates today: Mahindra & Mahindra subsidiary sells part of its stake in CIE Automotive S.A for approximately 119 million Euros; M&M shares trade flat on NSE
Mahindra Overseas Investment Company (Mauritius), a wholly-owned subsidiary of Mahindra & Mahindra, has sold a part of its stake representing 3.58% of CIE Automotive S.A (“CIE Spain”) outstanding shares, for a total consideration of approximately 119 million Euros.
Mahindra & Mahindra shares traded flat on the NSE at Rs 3,651.80 after opening higher at Rs 3,675.
December 4, 2025 10:27
Stock market live updates today: Brokerage views
MS on JSW Steel
OW, TP Rs 1300
Along with JFE’s technological expertise, JSW is looking to leverage its project execution capabilities to participate in multi-decade growth opportunities
JFE will invest ~Rs158bn in two tranches for a 50% stake, implying Rs315bn equity value for new entity
JSW Steel will receive Rs245bn in cash for slump sale of its stake
JSW will also get Rs79bn through equity dilution on back of a share swap agreement with promoter company that owns 17% of BPSL (totalling ~Rs324bn)
BPSL EV is estimated to be ~Rs530bn, with Rs315bn equity, Rs50bn existing BPSL debt, and Rs165bn additional debt to be raised by the entity.
CLSA on JSW Steel
U-P, TP Rs 890
Announced divestment & deconsolidation of Bhushan Power (BPSL) into a JV with its stake declining from 83% to 50% and JFE picking up 50% (JSW/promoter selling 33%/17%)
Deal values BPSL at Rs530bn, implying US$1,400/t of capacity and a forward EV/Ebitda of 13x
Estimate this to lead to a sharp reduction in JSW’s leverage and value accretion of Rs30-Rs70/share
For JFE, it provides operational access to a high growth market. We expect JSW to react positively to this transaction.
CITI on JSW Steel
Sell, TP Rs 915
JSW Steel’s board has approved divestment of a 50% stake in Bhushan Power & Steel (BPSL) for an effective EV of Rs531bn and amalgamation of Piombino Steel (entity owning BPSL) into JSW Steel.
Assuming an EBITDA/t of Rs12,000 (close to est JSW Steel’s EBITDA/t assuming safeguard duty is restored) and full utilization of 4.5mtpa capacity, transaction would imply an EV/EBITDA multiple of 10x for BPSL (JSW Steel is currently trading at 9x)
Post transaction, BPSL would be deconsolidated from JSW Steel’s balance sheet with a reduction in JSW Steel’s consol ND/LTM EBITDA from 3.0x currently to 1.7x
BoFA Sec on JSW Steel
Buy, TP Rs 1290
JSW Steel has announced a strategic JV partnership with JFE Corp; BPSL to be transferred to the JV via slump sale
Deal values BPSL at 12-14x FY28E EV/EBITDA (vs 7-9x for covered Indian peers) and EV/t of US$1,300/t (vs US$400-1,100/t)
Transaction to help deleverage JSTL’s balance sheet meaningfully ahead of next leg of capacity expansion
JPM on JSW Steel
OW, TP Rs 1250
See JSW Steel’s 50:50 strategic JV with JFE for BPSL business as largely neutral-to-slightly positive over medium term
Enterprise value of deal at Rs530bn (Rs315bn equity & Rs210bn debt) implies an attractive EV/EBITDA multiple of 17x/11x on JPMe FY26/27E for BPSL
Deal will enable JSW to
a) deleverage its balance sheet by Rs370bn (effectively reducing ND/EBITDA by ~0.8x on JPMe) and/or provide improved BS strength to pursue accelerated capacity expansions,
b) enable continued collaboration on value added products with JFE (such as automotive steel and grain-oriented electric sheets).
Management expects deal to be completed in 6-9 months with key timelines being
1) slump sale cash consideration of Rs244.83bn by Mar-2026 (includes first tranche of Rs78.75bn by JFE),
2) second tranche of Rs78.75bn by JFE by June-2026, deconsolidation of existing Rs50bn debt into new entity & new debt issuance of Rs160bn taking total debt to Rs210bn,
3) post share swap, promoter stake in JSW Steel will rise by 1.42% to 46.74%.
Jefferies on JSW Steel
Buy, TP Rs 1400
See JSTL’s decision to transfer its subsidiary, BPSL, into a 50:50 joint venture with JFE as broadly neutral for EPS est. & fair value
Transaction will strengthen JSTL’s balance sheet, reducing its FY27E net debt/EBITDA from 2.4x to 1.7x
Partnership aims to upgrade BPSL’s product mix and improve productivity by leveraging JSTL’s operational capabilities with JFE’s technological expertise
MOSL on JSW Steel
Buy, TP Rs 1350
Enters into a strategic JV with JFE Steel Japan to jointly own & operate the BPSL business
Partnership to help JSW Steel (JSTL) reduce debt and focus on capacity expansion
As part of the deal, JSTL will receive Rs 320b in cash consideration
Its consolidated debt will reduce by Rs 350b (including INR50b of debt currently held by BSPL, which will also be removed from JSTL’s books).
JV is expected to raise debt of Rs 210b, which will be used to pay off JSTL as part of transaction
Nuvama on JSW Steel
Reduce, TP Rs 1050
Signed an agreement with JFE for a 50:50 JV, to which Bhushan Power (~83% stake held by JSW) is sold at an enterprise value of INR531bn (12.4x FY28E EV/EBITDA), higher than incorporated value of Rs 363bn
JSTL’s consolidated FY28E EBITDA will thus reduce by 11% & net debt by 50% (Rs373.5bn)
Reckon deal shall be value-accretive for JSTL as not only is the stake being sold at a higher value, but it infuses cash in business
This deal is likely to enhance JSTL’s fair value by INR37/share
HSBC on Tata Cons
Initiate Buy, TP Rs 1340
Tata Group’s flagship F&B company has scope to expand and deepen distribution to drive growth
Forecast a 26% FY25-28e CAGR for its Growth portfolio, contributing 37% of India revenue in FY28e, from 28% in FY25
Assign premium 55x PE as we believe aggressive acquisitions and distribution will pay off.
CITI on Tata Cons
Buy, TP Rs 1350
Management meet Key takeaways
(1) India tea growth likely to be volume-led with marginal pricing in 2H.
(2) India salt price growth to also anniversarize in 3Q.
(3) RTD business is back on a strong growth trajectory.
(4) Capital Foods portfolio growth to improve gradually (multiple initiatives).
(5) Sampann growth rates remain strong across categories.
(6) Consolidated business EBITDA margin to expand to 15% by 4Q, led primarily by the international business
Believe that TCPL is well placed to benefit from long-term growth opportunity; near-term, expect earnings to be driven by a strong margin recovery
Nomura on Oil & Gas
Middle distillate spreads soften from two-year highs; Henry Hub at one-year high, could impact MGL & IGL margins
Saudi LPG prices up 3-5%; OMCs & Gujarat Gas to be impacted most
INR depreciation accelerates; negative for OMCs and CGDs
Expect MGL with more than 30% of gas sourcing from HH-linked contracts to be most impacted while IGL may also be significantly impacted with ~18% gas sourcing from HH-linked contracts
GAIL may also be impacted negatively with only ~80% of its HH-linked US gas contract of 5.8mtpa is currently contracted on a back-to back basis, while the remaining ~20% volume is sold via brent linked contracts.
MOSL on Aurobindo Pharma
Buy, TP Rs 1430
Broad-based growth momentum building up
Domestic Pen-G/6-APA manufacturing positioned for healthy upside
Biosimilars, biologics CMO, and EU expansion drive diversification beyond legacy
Expect Co to deliver a CAGR of 9%/14%/21% in revenue/EBITDA/PAT over FY26-28
Macquarie on India Quick Commerce
Amazon is accelerating the rollout of its quick commerce (QC) service, Amazon Now
Amazon Now charges no handling fees, free delivery above Rs99 order value
Offers cashback of Rs 50/100/200 on order values above Rs 399/749/1,399
Amazon Now’s cashback scheme (versus discounts) is attractive
We are constructive on Quick Commerce growth, but see material persistent losses
CLSA on Kotak Mahindra Bank
Hold , Target Price 2350
What if Kotak buys IDBI Bank?
EPS accretive; may or may not address excess capital; possible HR issues
IDBI - Clean balance sheet, good deposit franchise
Value accretion for Kotak would depend on how the purchase would be funded
Jefferies on Dr Reddy
Underperform , Target Price 1130
Met the CFO and IR of Dr Reddy’s
Company remains confident of first wave launches in Canada, India and other EMs incl Brazil
US FDA filing for biosimilar Abatacept, Dr Reddy’s biggest asset, is on track this month with approval expected in 12-months
M&A will focus on brands, not full companies
GS on Metals
Industrial metals prices have rallied YTD, supported by expected US Fed rate cuts, dollar depreciation, and improving China growth expectations
Additional boosts from supply disruptions, policy changes, and the Al capex boom
GS maintains a selective 2026 outlook, with copper as the preferred metal
Raises H1 2026 LME copper price forecast to $10,710 (from $10,415)
Strong supply growth - mainly from Chinese overseas investments — drives a bearish outlook for aluminum, lithium, and iron ore
Expects price declines by end-2026:
* Aluminum: -18%
* Lithium: -23%
* Iron ore: -17%
December 4, 2025 10:26
Stock market live updates today: Crude oil futures rise as Ukraine continues attacks on Russian oil infrastructure
Crude oil futures traded higher on Thursday morning following continued Ukrainian attacks on Russian oil infrastructure.
At 9.57 am on Thursday, February Brent oil futures were at $62.92, up by 0.40 per cent, and January crude oil futures on WTI (West Texas Intermediate) were at $59.26, up by 0.53 per cent. December crude oil futures were trading at ₹5,359 on Multi Commodity Exchange (MCX) during the initial hour of trading on Thursday against the previous close of ₹5356, up by 0.06 per cent, and January futures were trading at ₹5,358 against the previous close of ₹5,346, up by 0.22 per cent.
Crude oil futures rise as Ukraine continues attacks on Russian oil infrastructure
Crude oil futures traded higher on Thursday morning following continued Ukrainian attacks on Russian oil infrastructure.
December 4, 2025 10:25
Stock market live updates today: Markets open flat as investors await RBI policy amid rupee weakness
Benchmark indices opened marginally higher on Thursday morning, with the Sensex rising 156.04 points or 0.18 per cent to ₹85,262.85 and the Nifty gaining 39.40 points or 0.15 per cent to 26,025.40, as investors remained cautious ahead of the Reserve Bank of India’s monetary policy decision scheduled for Friday.
Markets open flat as investors await RBI policy amid rupee weakness
Markets opened flat as investors cautiously await the RBI policy amid ongoing rupee weakness and mixed global cues.
December 4, 2025 09:51
Stock market live updates today: NCLT approves resolution plan submitted by Vedanta Ltd for acquisition of Incab Industries
Incab is engaged in manufacturing of power cables and industries wires which utilise copper and aluminum as the key raw material. With this acquisition, Vedanta shall expand into downstream copper and aluminum industry.
Vedanta shares up 1.5% on the NSE to Rs 541.25.
December 4, 2025 09:50
Stock market live updates today: Vintage Coffee and Beverages Ltd. (VCBL) has launched 100% Pure Instant Coffee
December 4, 2025 09:50
Stock market live updates today: Lemon Tree Hotels has signed a License Agreement viz. Lemon Tree Hotel , Pacific Mall, Jaipur. Shares flat on the NSE at Rs 162.23
December 4, 2025 09:49
Stock market live updates today: IndiGo issues apology on flight disruptions
IndiGo’s operations have been significantly disrupted across the network for the past two days, and we sincerely apologize to our customers for the inconvenience caused, the airline said in its statement.
“A multitude of unforeseen operational challenges including minor technology glitches, schedule changes linked to the winter season, adverse weather conditions, increased congestion in the aviation system and the implementation of updated crew rostering rules (Flight Duty Time Limitations) had a negative compounding impact on our operations in a way that was not feasible to be anticipated. “
December 4, 2025 09:46
Stock market live updates today: Saffron Resources Pvt Ltd has now become a wholly-owned subsidiary of JSW Steel. JSW Steel shares traded flat on the NSE at Rs 1,151.80.
December 4, 2025 09:46
Stock market live updates today: Reliance Strategic Business Ventures, a wholly-owned arm of Reliance Industries, acquires 49% shareholding in Oval Invincibles; RIL trades flat on NSE
Reliance Strategic Business Ventures Ltd (RSBVL), a wholly-owned subsidiary of Reliance Industries, today acquired 49 per cent shareholding in Oval Invincibles Ltd (Oval Invincibles) from the England and Wales Cricked Board (ECB), for an aggregate consideration of GBP 60,270,000.
RIL trades flat on the NSE at Rs 1,544.40
December 4, 2025 09:43
Stock market live updates today: Suparna Mitra to join as MD & CEO of TeamLease
December 4, 2025 09:42
Stock market live updates today: Meesho IPO, Vidya Wires IPO, Aequs IPO Day 2 Live Updates: IPOs see strong take-off on day 1, enters day 2
Catch all the action from Day 2 of the Meesho, Vidya Wires and Aequs IPOs live here
December 4, 2025 09:41
Stock market live updates today: Crude oil futures trade higher following continued Ukrainian attacks on Russian oil infrastructure
Crude oil futures traded higher on Thursday morning following continued Ukrainian attacks on Russian oil infrastructure. At 9.27 am on Thursday, February Brent oil futures were at $62.92, up by 0.40 per cent, and January crude oil futures on WTI (West Texas Intermediate) were at $59.26, up by 0.53 per cent. December crude oil futures were trading at ₹5367 on Multi Commodity Exchange (MCX) during the initial hour of trading on Thursday against the previous close of ₹5356, up by 0.21 per cent, and January futures were trading at ₹5362 against the previous close of ₹5346, up by 0.30 per cent.
December 4, 2025 09:37
Stock market live updates today: Rupee hits record low of 90.41 as outflows persist, depreciation bias firms on fall past 90
The rupee hit a record low on Thursday, deepening its slide past the 90 per dollar mark, as foreign investors continued to pull out of local stocks and depreciation bias on the currency firmed after it breached the key psychological level.
Rupee hits record low of 90.41 as outflows persist, depreciation bias firms on fall past 90
Rupee plummets to a record low of 90.41 as foreign outflows and depreciation pressures intensify.
December 4, 2025 09:21
Stock market live updates today: Sensex, Nifty open on flat to negative note
The Sensex depreciated 101.23 points or 0.12 per cent to 85,005.58 at 9.17 am after opening at 84,987.56, against the previous close of 85,106.81. Nifty 50 dipped 38.90 points or 0.15% to 25,947.10 after flat opening at 25,981.85.
December 4, 2025 09:08
Stock market live updates today: NECTAR LIFESCIENCES APPROVES BUYBACK OF SHARES VALUED AT 810M RUPEES AT PRICE 27 PER EQUITY SHARE THROUGH THE “TENDER OFFER”
December 4, 2025 09:07
Stock market live updates today: J K CEMENT BUYS 12.21% EQUITY IN O2 RENEWABLE ENERGY V || TOTAL CASH CONSIDERATION OF 51.9M RUPEES
December 4, 2025 09:07
Stock market live updates today: CEINSYS TECH ENTERS INTO MOU WITH AETOSKY SINGAPORE TO COLLABORATE ON ENTERPRISE GEOSPATIAL AND AI SOLUTIONS GLOBALLY
December 4, 2025 09:07
Stock market live updates today: BIOCON TO CONSIDER FUND RAISING VIA COMMERCIAL PAPER/SHARE ISSUE ON DEC 6
BIOCON TO CONSIDER PLAN TO INVEST IN BIOCON BIOLOGICS DEC. 6 || PROPOSAL IS TO BUY SECURITIES FROM BIOCON BIOLOGICS SHAREHOLDERS
December 4, 2025 09:06
Stock market live updates today: VERITAS BOARD APPROVES ASSET TRANSFER OF VERASCO FZE WORTH USD 130 MLN
December 4, 2025 09:01
Stock market live updates today: Stock benchmarks seen opening flat as foreign outflows, weakening rupee weigh
The equity benchmarks are likely to open muted on Thursday, but foreign outflow jitters and a depreciating rupee could continue to dampen sentiments.
GIFT Nifty futures were trading at 26,073.5 as of 07:40 a.m. IST, indicating that the Nifty 50 will open near Wednesday’s close of 25,986.
Foreign portfolio investors sold shares worth ₹3,207 crore ($355.7 million) on Wednesday, per provisional data, in their fifth consecutive session of selling.
Stock benchmarks seen opening flat as foreign outflows, weakening rupee weigh
Indian equity benchmarks are expected to open flat amid foreign outflows and a weakening rupee, affecting market sentiment.
December 4, 2025 08:48
Stock market live updates today: Oil and Natural Gas Corporation Ltd and Petronet LNG Ltd (PLL) execute 15-Years Ethane Unloading, Storage and Handling (USH) Services Binding Term Sheet
December 4, 2025 08:23
Stock market live updates today: Macro and market update this morning
The USDINR breached a record low of 90+ as several short-term headwinds emerged simultaneously. A USD ~20bn short forward book (1-3m) and RBI’s stance of limiting its intervention played its part amid nervousness regarding India-US trade and continued selling by FPIs in the face of surge in the trade deficit. India’s current account deficit at 1.3% of GDP in Q3CY25 though sustainable, was highest in CY25. Globally, firmer Japanese bond yields are creating uncertainties in Asia FX specially for the INR which has an average ~60% correlation with a short end of the JGB curve. Considering the short-term and medium factors, we expect the USDINR at 88-88.5 by end CY26. We see short term downside capped at 91.5 levels.
India and Moscow are discussing the potential manufacturing of Russia-designed nuclear small modular reactors in India, the government informed Parliament on Wednesday. Singh noted that the draft Atomic Energy Bill 2025 is in advanced stages, with inputs from various ministries being progressively incorporated and the Ministry of Law and Justice vetting the document for legal compliance.
Labour and Employment Minister Mansukh Mandaviya stated on Wednesday that draft rules under the four new labour codes will be pre-published shortly. He added that full implementation and expanded social security coverage are expected by April 2026, enabling the codes to become fully operational by the start of FY27.
India’s services sector regained momentum in November, with business activity strengthening after a mild October slowdown, according to HSBC PMI data. The seasonally adjusted index rose to 59.8 from 58.9 in the previous month, indicating a historically sharp expansion in output.
On the international front, U.S. private payrolls saw an unexpected decline in November. Employment fell by 32,000 jobs after a revised gain of 47,000 in October, according to the ADP National Employment Report. Job creation remained flat through the second half of 2025, with November weakness concentrated in manufacturing, professional and business services, information, and construction.
Meanwhile the U.S. services sector held steady in November, with the ISM Services Index registering 52.6 versus 52.4 in October. While overall activity remained stable, employment stayed subdued and input prices continued to show upward pressure.
Joseph Lavorgna, counselor to the U.S. Treasury Secretary, noted at Reuters NEXT that lower interest rates could remove the need for a proposed 50-year mortgage aimed at improving housing affordability. He indicated that easing financial conditions would likely achieve similar outcomes without such long-term products.
In the euro zone Business activity expanded at its fastest pace in two-and-a-half years in November as a robust service sector more than offset manufacturing weakness, a survey showed on Wednesday. Composite PMI rose to 52.8 in November from 52.5 in October, marking its sixth consecutive monthly increase.
Asian market
Asia market opened mixed today. Whereas overnight in the US market, all three indices closed on higher end as the latest jobs data from ADP strengthened investors’ conviction that the Federal Reserve will cut interest rates next week.
Brent: 62.75, DXY: 98.93, US10Y: 4.07% GIFTNIFTY: -0.16%
December 4, 2025 08:22
Stock market live updates today: STERLING AND WILSON INTERNATIONAL SOLAR FZCO INCORPORATES WHOLLY- OWNED ARM IN PORTUGAL TO EXPAND RENEWABLE ENERGY OPERATIONS
December 4, 2025 08:21
Stock market live: RELIANCE INDUSTRIES UNIT, RELIANCE STRATEGIC BUSINESS VENTURES, ACQUIRES 49% STAKE IN OVAL INVINCIBLES LTD FROM THE ENGLAND AND WALES CRICKET BOARD FOR GBP 60.27M (RUPEES 722 CR)
December 4, 2025 07:56
Stock market live updates today: IEX board approves IPO of its associate company Indian Gas Exchange
It will be a Complete OFS for IEX Value Unlocking, IGX Board will kickstart the IPO process soon
IGX is India’s first online, delivery based trading platform for natural gas. IEX owns 100% stake in IGX
IN FY25, About 60 Mn MMBTU Gas Volume worth more than ₹6,000 Cr got traded on IGX platform
December 4, 2025 07:51
Stock market live updates today: 🌹🇮🇳India Daybook – Stocks in News
Mukka Proteins: Company has secures major ₹474.9 Crore Waste Management Contract. (Positive)
Websol Energy: Company is planning 4 GW integrated Topcon Cell & Module capacity expansion. (Positive)
RVNL: Company secures ₹145.34 Crore Order from Southern Railway for Key Electrification Project. (Positive)
RailTel: Company secured a ₹48.78 Cr project from MMRDA. (Positive)
Nectar Lifesciences: Company announced a buyback of equity shares for ₹81,00,00,000 at ₹27/share. (Positive)
IMFA: ICRA Ltd has upgraded its long-term rating from [ICRA]AA- (Stable) to [ICRA]AA (Stable). (Positive)
Pace Digitek: Company has secured an order worth ₹997.10 million from Advait Greenergy. (Positive)
Premier Energies: Rating of subsidiary upgraded to CARE A+; Stable from CARE A-; Stable for Long Term Facilities of INR 676.26 Crores. (Positive)
JK Cement: Company has commissioned 3.3 MnTPA clinker Line - 2 on December 3, 2025. (Positive)
Eris Lifesciences: Company expects sharp EPS turnaround from FY26 (Positive)
Cipla: Company and Stempeutics launch stem cell therapy for knee osteoarthritis (Positive)
Samvardhana Motherson: Company has acquired Rubbertec Group’s business and assets. (Positive)
Grovy India: Company has expands Portfolio with Premium GK-1 Project (Positive)
Godawari Power: Company Expands Pellet Plant Capacity to 4.7 MTPA (Positive)
SPL Industries: Company buys land in Palwal, Haryana for expansion. (Positive)
Newgen Software: Company bags order worth Rs 14 cr from Mercedes-Benz Financial Services for Loan Management System. (Positive)
Best Agrolife: Company Declared Bonus Issue in 1:2 Ratio, Company Declared Share Sub-Division 1:10 (Positive)
Petronet LNG: Company and ONGC have finalized a 15-year Ethane Unloading, Storage, & Handling (USH) Services Binding Term Sheet. (Positive)
ZF Commercial Vehicle: Secures ADAS Business nomination from an Indian e-mobility Commercial Vehicle OEM (Positive)
Pine Labs: Net Profit at Rs 5.97 Cr vs loss of 32 Cr, Revenue at Rs 649.69 Cr vs 551.5 Cr (YoY) (Positive)
Network People Services Tech: Company Raises Rs 3 billion from Tata Mutual Fund. (Positive)
IEX: Company Says Electricity Traded Volume of 11,409 Mu in November’25, an Increase Of 17.7% (YoY). (Positive)
Hikal: Castilia Life Sciences Buys 24.5% stake in co from Shri Rameshwara Investment (Positive)
Jindal Steel: Promoter Jindal Cement Industries bought 2.52 lakh shares (Positive)
Aarti Pharmalabs: Promoter Hetal Gogri Gala bought 1.36 lakh shares. (Positive)
Asian Granito: Company Approved the Proposal for Acquiring 26% of the Paid-Up Equity Share Capital of Allomex Steel Private Ltd (Neutral)
Vertoz: Company Files Patent Application in India, Patent Covers Dynamic Price Optimization In Real-Time Bidding (Neutral)
Intellect Design: Company elevates Manish Maakan to Executive President & Group Chief Revenue Officer (Neutral)
JSW Steel: JFE Steel to invest Rs 15,750 cr in India JV with JSW Steel (Neutral)
Awfis Space Solutions: Company announced the incorporation of a wholly-owned subsidiary, Awfis Transform Private Limited (ATPL), on Dec 3, 2025. (Neutral)
Raymond Group: Company has appointed Rakesh Tiwary as the new Group Chief Financial Officer (CFO) effective December 3, 2025. (Neutral)
IntraSoft Technologies: Company Board approved investment of up to USD 1.75 million in its wholly owned subsidiary, IntraSoft Ventures Pte. Limited, Singapore, for its e-commerce business. (Neutral)
City Union Bank: Bank has opened a new branch in Bengaluru-Rajarajeswari Medical College & Hospital (Neutral)
DMCC Speciality Chemicals Ltd: Company announces the resignation of Ms. Sonal Naik as Company Secretary & Compliance Officer, effective December 16, 2025. (Neutral)
Bajaj Auto: Aditya Makharia will not be part of Senior Management from 01 Jan 2026 (Neutral)
Arkade Developers: Company has incorporated Arkade 360 Facility Management Private Limited as a wholly owned subsidiary. (Neutral)
S H Kelkar: Company has incorporated Keva Middle East FZE (Keva ME) as a wholly owned subsidiary in Sharjah, UAE. (Neutral)
Oil India: Material subsidiary, Numaligarh Refinery Ltd (NRL), has been granted “Navratna” status by the Dept of Public Enterprises, Ministry of Finance, Govt of India. (Neutral)
Antariksh Industries: Company has recommended a 1:10 bonus share issue (Neutral)
Manappuram Finance: Company has appointed Mr. Ashish N Chandak as Group – Chief Compliance Officer & Senior Management Personnel. (Neutral)
Symphony: Company has announced the resignation of Mr. Nitendra Patel from his role as Chief Human Resource Officer (Neutral)
Raymond Lifestyle: Company has announced the appointment of Mr. Amit Agarwal as President – Chairman’s Office & Senior Management Personnel. (Neutral)
Rossari Biotech: ICRA has reaffirmed its credit ratings. (Neutral)
Tata Capital: Company has settled a case related to the issuance of unlisted Cumulative Redeemable Preference Shares after paying Rs 14.4 lakh to the markets regulator SEBI. (Neutral)
Adani Ent: AdaniConneX Expands into Hyderabad with New Data Center Subsidiary (Neutral)
Hilton Metal Forging: Company has approved Rights Issue to Raise ₹32 Crore. (Neutral)
Biocon: Board to weigh Biocon Biologics investment, new fundraising plan on December 6. (Neutral)
Reliance Industries: Company announces partnership with Surrey in Oval Invincibles franchise in the Hundred (Neutral)
Engineers India Ltd Ex-Date Today, Interim Dividend - Rs. - 1.0 (Neutral)
Patel Engineering Ltd Ex-Date Today, Right Issue of Equity Shares (Neutral)
Apis India Ltd Ex-Date Tomorrow, Bonus issue 24:1 (Neutral)
CAMS Ltd Ex-Date Tomorrow, Stock Split From Rs.10/- to Rs.2/- (Neutral)
HCC Ltd Ex-Date Tomorrow, Right Issue of Equity Shares (Neutral)
Hindustan Unilever Ltd Ex-Date Tomorrow, Demerger of Kwality Wall’s (India) Limited with ratio 1:1 (Neutral)
Panorama Ex-Date Tomorrow, Bonus issue 5:2 (Neutral)
Kallam Textiles Limited: Company received a Show Cause Notice from the High Court of Andhra Pradesh concerning a case filed by Indian Bank for debt recovery amounting to Rs 141.93 Cr. (Negative)
IndiGo: Company cancels scores of flights from Bengaluru, Hyderabad airports amid crew crunch; airline cites ‘technology issues’. (Negative)
December 4, 2025 07:50
Stock market live updates today: Ponmudi R, CEO of Enrich Money, a SEBI registered online trading and wealth tech firm
Global markets are offering mixed cues in early morning trade. US equities closed higher overnight after a sharp decline in private payroll data strengthened expectations of an interest rate cut by the Federal Reserve. Across Asia, sentiment is uneven, with Japan’s Nikkei edging higher while Korea’s Kospi faces selling pressure. From an Indian standpoint, movement in US bond yields and the US dollar will be crucial, as both will significantly influence foreign investor sentiment. With the RBI policy decision around the corner, volatility is likely to remain elevated, keeping traders cautious at the open.
On the domestic front, Indian equities remain in a short-term corrective phase, driven largely by the persistent weakness in the rupee against the dollar and continued FII outflows, even as the broader economic backdrop remains fundamentally strong. Corporate earnings visibility, infrastructure spending, policy continuity and steady consumption continue to support the long-term growth story. However, in the near term, markets are still digesting record-high levels, making price confirmation more important than sentiment. A supportive RBI stance on growth and liquidity could trigger short-covering, while any surprise hawkish tone is likely to see selling pressure.
December 4, 2025 07:48
Stock market live updates today: OTPP, CPP Investments sell 10% unitholding in NHIT for ₹2,905 cr
Ontario Teachers’ Pension Plan Board and CPP Investments on Wednesday divested a combined 10.1 per cent unitholding in National Highways Infra Trust (NHIT) for ₹2,905 crore through open market transactions.
Ontario Teachers’ Pension Plan, through its affiliate 2452991 Ontario Ltd, and CPP Investments, via its arm CPP Investment Board Private Holdings (4) Inc, offloaded a total of 19.56 crore (19,56,00,000) units, representing a 10.1 per cent unitholding in NHIT, as per the block deal data available on the NSE.
OTPP, CPP Investments sell 10% unitholding in NHIT for ₹2,905 cr
OTPP and CPP Investments divest 10.1% stake in NHIT for ₹2,905 crore, acquired by Nitro Asia Holdings II Pte.
December 4, 2025 07:25
Stock market live updates today: Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
Nifty index encountered mild profit-taking, witnessing notable selling pressure at higher levels, while its underlying strength continued to remain subdued as the benchmark now trades at a critical make-or-break juncture. The index has been stuck within a narrow consolidation phase—a time-wise pause rather than a meaningful price correction—yet still firmly upholds its broader sequence of higher highs and higher lows, reaffirming the durability of the prevailing uptrend.
December 4, 2025 07:25
Stock market live updates today: Hrishikesh Yedve, AVP Technical and Derivative Research, Asit C. Mehta Investment Interrmediates Ltd
“The Nifty index started the day on a gap-down note, witnessed continued selling pressure, and eventually settled on a negative note at 25,986. On the daily chart, Nifty has formed a small red candle with shadows on either side, indicating uncertainty. In the near term, major resistance for the index is placed at 26,325. Until the index sustains below this level, any bounce should be viewed as an opportunity for profit booking. On the downside, 25,840 will act as a crucial support level, where the short-term swing low is placed. Considering the overall setup, traders are advised to buy near support levels and sell near the resistance zone mentioned above.
December 4, 2025 07:24
Stock market live updates today: Era of zonal architecture in advanced SDVs
Given the rapid adoption of software defined vehicles (SDV) globally, an emerging trend in electrical/electronic (E/E) system is the adoption of zonal architecture over domain. Zonal architecture effectively reduces wiring harness content in a vehicle. Globally, while this architecture was adopted by Tesla and Chinese OEMs, currently several legacy OEM have adopted zonal architecture in their recently launched/upcoming platforms. We see more OEMs adopting it, both in EV and ICE vehicles (as stated by GM) for next-gen more advanced SDVs, which helps with efficient software updates and saves cost by reducing development time, fewer control units, and reducing wiring harness content. While we believe Indian OEMs are some years away from shifting to advanced zonal architecture, we believe it is imminent and structurally negative for wiring harness suppliers like Motherson Sumi Wiring India (MSWIL). We retain Sell.
Cracking the SDV code – not a cakewalk; legacy OEMs are struggling: While there are many definitions of advanced SDV, we find Nio’s definition as the most simplistic. To quote, Benjamin Steinmertz, Production Experience Director, Nio Europe, “…SDV is a vehicle that can be shaped or changed via software than hardware. So, the characteristics of a vehicle can be changed via software. While the term SDV today is used for almost all vehicles, there are different levels, and as the SDV level moves higher, vehicle architecture becomes critical. For L3 and above, the adoption of zonal architecture becomes critical to its functionality and efficient “over the air” (OTA) updates. Tesla was the pioneer of SDV, but today Chinese OEMs are catching up fast, as per S&P Mobility. However, legacy OEMs continue to struggle, especially in the software piece (e.g., Volkswagen) albeit catching up at a slower pace.
Zonal vs domain architecture advantages: In domain architecture, electronic control units (ECU) are categorized into domains based on functions while zonal classifies ECU by their physical location inside the vehicle, leveraging a central gateway to manage communications; adds a vehicular compute module. This module is a computer with a large processing capacity to perform computations regardless of function. Some advantages of adopting zonal are: 1) reduction in wiring and hence cut in weight of vehicles, 2) scalability and modularity, 3) higher levels of SDV and OTA updates, and 4) improved reliability & maintenance. For e.g., Tesla’s Model 3 was able to reduce wiring content by 50% while BMW is talking about cutting ~600m wiring and ~30% of vehicle weight after adopting zonal architecture.
December 4, 2025 07:24
Stock market live updates today: Ajay Garg, CEO & Director, SMC Global Securities, on expectations from RBI monetary policy later this week
The RBI’s December meet scheduled this week is drawing strong market attention, with expectations tilting toward a continuation of the central bank’s gradual shift toward a softer stance. Easing inflation driven by GST rate cuts, sustained food-price deflation, and a steady decline in core inflation have strengthened hopes that the RBI may prepare the ground for a rate cut in early 2026, even if it chooses to hold rates this time at 5.5% for now. This is supported by a robust economic backdrop as India’s real GDP grew by 8.2% in Q2 FY26, the fastest pace in six quarters despite tariff-related headwinds. CPI inflation also dropped to a record low of 0.25% in October, comfortably below the RBI’s tolerance band.
December 4, 2025 07:24
Stock market live updates today: GJC requests formation of Gujarat State Level Vigilance Committee to safeguard jewellers’ interests
The All India Gem and Jewellery Domestic Council (GJC) today announced that it has formally requested the Government of Gujarat to establish a State Level Vigilance Committee dedicated to protecting the interests of jewellers across the state.
A high-level delegation from GJC, led by Chairman Rajesh Rokde, Vice Chairman Avinash Gupta, Director Salim Daginawala, ZCM Avi Shah, Bharat Zaveri, and National Secretary Mitesh Dhorda, met with Shri Harsh Sanghavi ji, Honourable Deputy Chief Minister of Gujarat, to present the proposal.
The meeting was described as extremely positive, with GJC expressing confidence in receiving strong support from the Honourable Minister and the Government of Gujarat for the swift implementation of the committee.
December 4, 2025 06:51
Stock market live updates today: Today's Stock Recommendation: December 4, 2025
December 4, 2025 06:44
Stock market live updates today: Stock to buy today: Apollo Tyres (₹535) – BUY
The stock is consolidating within its overall uptrend. The trend line support around ₹510 has been holding very well since the beginning of this week.
The 2.9 per cent rise on Wednesday indicates that the upmove in the stock could be gaining momentum. That increases the chances of seeing a bullish breakout of the current consolidation above ₹540 in the coming days. Such a break can take Apollo Tyres share price higher towards ₹575 in the short term.
Stock to buy today: Apollo Tyres (₹535) – BUY
Recommended buy: Apollo Tyres at ₹535, targeting ₹575 with strategic stop-loss adjustments for traders.
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Published on December 4, 2025