Share Market Highlights 30th December 2025: Sensex, Nifty close marginally lower amid thin year-end trading, foreign fund outflows weigh
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Stock Market today | Share Market Highlights - Find here all the highlights related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 30th December 2025.
December 30, 2025 16:17
Stock Market Closing Bell: Sensex, Nifty settle marginally lower amid thin year-end trading, foreign fund outflows weigh
Sensex, Nifty settle marginally lower amid thin year-end trading, foreign fund outflows weigh
Sensex and Nifty close slightly lower in year-end trading, impacted by foreign fund outflows and global market trends.
December 30, 2025 16:06
Indian Rupee Closing Figure: Rupee rises 14 paise to close at 89.84 against US dollar
Rupee rises 14 paise to close at 89.84 against US dollar
At the interbank foreign exchange, the rupee opened at 89.98 against the dollar and traded in the range of 89.72-89.98 during the day
December 30, 2025 14:32
Stock markets today: Adani Enterprises Limited credit ratings
Issuer : Adani Enterprises Limited | I Secured Redeemable NCD Public Issue
*Credit Ratings : “ CARE AA-; Stable & “[ICRA]AA- (Stable)”
Issue Opens On* * Tuesday, January 6, 2026*
Issue Close On: * Monday, January 19, 2026
Type of Instrument : Secured
Coupon - Quarterly Interest Payout Option:
36 Months: 8.48%
60 Months: 8.62%
Coupon - Annual Interest Payout Option:
24 Months: 8.60%
36 Months: 8.75%
60 Months: 8.90%
Yield - Cumulative Option:
24 Months: 8.60%
36 Months: 8.75%
60 Months: 8.90%
December 30, 2025 14:32
Stock markets today: India’s real estate sector witnesses 11 capital market deals from April-December 2025: Equirus Capital
Equirus Capital – Mumbai based full-service investment banking firm has released a press note on the development in the real estate sector. As per the press note, the Indian real estate sector witnessed 11 capital market deals, thereby raising Rs 17,867 crores in the first 9 months of FY26. The number of deals in the first 9 months of FY26 is already equal to the deals witnessed in FY25, the amount raised and deals may surpass to become the highest in the past 6 years.
The sector overall witnessed fund raising of Rs 72,331 crores since FY18, REITs got the largest share of fund raising at Rs 31,241 crore, followed by large cap real estate companies at Rs 20,437 crores, midcaps real estate companies at 12,496 crores, finally small-cap real estate companies at Rs 8156 crores lowest since FY18.
December 30, 2025 13:41
Share market live today: Blinkit CFO Vipin Kapooria resigns: Sources
Blinkit CFO Vipin Kapooria resigns: Sources
Vipin Kapooria resigns as Blinkit CFO amid intensified competition in India's e-commerce sector, sources confirm.
December 30, 2025 13:40
Share market live today: Indian Hume Pipe Company ltd: sells freehold land in Azamabad, Hyderabad for ₹173.96 crores; sale deed executed and registered on 30th December 2025
December 30, 2025 13:12
Insights: Satcom, Vodafone Idea survival, online frauds keep telecom sector abuzz in 2025
Satcom, Vodafone Idea survival, online frauds keep telecom sector abuzz in 2025
The telecom sector in 2025 buzzes with satcom competition, Vodafone Idea's struggles, and rising online fraud concerns.
December 30, 2025 13:08
Mid-day updates: Sensex and Nifty slip in noon trade amid thin volumes and FII outflows
Sensex down 133 points, Nifty slips below 25,900 amid FII selling and thin liquidity
Sensex fell 132 points and Nifty slipped below 25,900 on Tuesday as thin year-end liquidity, FII outflows, and derivatives expiry weighed on markets.
December 30, 2025 13:03
Stock market live today: Shakti Pumps bags Rs 21 crore order for 1,000 off-grid solar water pumps in Jharkhand
Shakti Pumps has received its third order from Jharkhand Renewable Energy Development Agency for 1,000 stand-alone off-grid Solar Photovoltaic Water Pumping Systems under PM-KUSUM’s Component-B scheme. The order, valued at Rs 21 crore including GST, covers design, manufacture, supply, installation, and commissioning. The project is expected to be completed within 120 days from the date of the work order.
December 30, 2025 13:00
Stock in focus: Grew Solar bags ₹2,028 cr solar module supply order from NTPC Renewable Energy Ltd
Grew Solar bags ₹2,028 cr solar module supply order from NTPC Renewable Energy Ltd
A solar PV manufacturer in Gujarat — Grew Solar — on Tuesday said it has secured a ₹2,028 crore contract from NTPC Renewable Energy Limited for the supply of high-efficiency solar PV modules aggregating to approximately 1,464.5 MW across multiple locations in Uttar Pradesh.
December 30, 2025 13:00
Economy watch: India set to end 2025 on strong economic footing with high growth, low inflation: Govt
India set to end 2025 on strong economic footing with high growth, low inflation: Govt
India's economy is set to end 2025 strong, achieving high growth and low inflation, driven by resilient demand and exports.
December 30, 2025 12:59
Commodities update: Russian oil flows to India sink but Reliance may limit decline
Russian oil flows to India sink but Reliance may limit decline
Russian oil imports to India are declining, but Reliance may resume purchases amid US sanctions and potential market adjustments.
December 30, 2025 12:59
Stock market live today: India-China work toward rebuilding ties in 2025 after over four years of fractious relations
India-China work toward rebuilding ties in 2025 after over four years of fractious relations
India and China make strides to rebuild relations in 2025 after years of tension, focusing on dialogue and cooperation.
December 30, 2025 12:57
Stock market live today: ICRA PROJECTS INDIA’S GDP GROWTH TO ACCELERATE TO 7.4% IN FY26
ICRA Ltd. expects India’s GDP growth to accelerate to 7.4% in FY2026 up from 6.5% in FY2025. The pace of expansion is anticipated to moderate in the second half of the fiscal. ICRA forecasts GDP growth to print below 7.0% in H2 FY2026 from 8% in H1 FY2026 as an unfavorable base kicks in.
December 30, 2025 12:57
Stock market live today: Indian equities remained resilient in 2025 despite global headwinds and volatility, with large-caps outperforming and small-caps declining
A study by Bajaj Finserv Asset Management Limited notes that the year 2025 was marked by heightened volatility in Indian equity markets, driven by global headwinds such as shifting trade tariffs, geopolitical tensions, and persistent foreign institutional investor (FII) outflows. Despite these challenges, the markets demonstrated notable resilience, underpinned by strong domestic fundamentals and a decisive shift in investor dynamics.
Market Performance and the Broader Landscape
At the headline level, benchmark indices held firm through the year. The Nifty 50 delivered a return of around 9% in 2025, despite early pressure from elevated valuations, tariff-related uncertainty, FII outflows and rupee depreciation. While equity markets remained volatile, returns across other asset classes fared better, with gold and silver registering impressive gains during the year.
Market Capitalisation Trends and Investor Positioning
Performance across market capitalisation segments highlighted a clear shift in investor behaviour. Large-cap stocks provided relative stability, while broader markets faced pressure. Mid-cap indices delivered a modest return of around 5%, while small-cap indices declined by approximately 8% for the year. This divergence reflected a pronounced flight to quality, as investors favoured balance sheet strength and earnings visibility.
The Volatility Paradox: Decoding India’s Volatility Curve
Volatility played a central role in shaping market sentiment during 2025. According to Bajaj Finserv Asset Management, the India VIX crossed the 20-mark six times between January and May, signalling heightened nervousness in the first half of the year. April saw the India VIX peaking at 22.79, with President Trump’s retaliatory tariff announcements. The second half of the year was relatively calm, with the VIX remaining below 15 and averaging around 13.5, despite markets factored in rupee weakness and stalled progress on the Indo–US trade agreement.
December 30, 2025 12:50
Stock market live today: VE Commercial Vehicles gets Rs 96.18 crore GST demand, to appeal
VE Commercial Vehicles Limited received a GST demand order of Rs 96.18 crore, including penalty and interest, for FY 2017-18 from the Ujjain CGST Commissioner. The order follows a July 2025 show-cause notice regarding delayed reporting of credit notes. The company said it believes the order has no merits and will file an appeal within the prescribed timeline.
December 30, 2025 12:43
Stock market live today: TVS Motor partners with Manba Finance to offer retail financing for commercial vehicles
TVS Motor Company has signed an MoU with Manba Finance Limited to provide retail finance solutions for its commercial mobility vehicles. The partnership offers EMI-based financing for passenger and cargo three-wheelers, including ICE and EV models. Aimed at enhancing affordability, the collaboration targets rural and semi-urban markets, supporting entrepreneurs and fleet operators with flexible payment options and faster loan processing.
December 30, 2025 12:33
Stock in focus: Cupid Limited shares hit fresh 52-week high amid strong rally
Cupid Limited shares hit fresh 52-week high amid strong rally
Cupid Limited shares reach a new 52-week high as market cap rises to ₹13,405.91 crore amid strong trading activity.
December 30, 2025 12:31
Stock market live today: RBI rate cut to boost housing demand and credit growth, says Kunal Shah, SURE
Kunal Shah, Co-founder, SURE
“As expected, RBI MPC has delivered a dovish cut in interest rates, acknowledging that inflation trend is much lower, if we take out impact of gold prices, realised inflation this year is only 1.5-2.0%. Leaving the rooms for one more cut in future if growth slows down.
The cut is timely and will bring relief for homebuyers, lowering EMIs and reducing total interest outflow. For a home loan of ₹50 lakhs, borrowers could now save around *₹1.80 lakh over the 20y tenure, further improving affordability and boosting housing demand.
For banks, the rate cut may compress lending margins in the short term, but it is also expected to stimulate higher credit demand, particularly in home loans, supporting overall portfolio growth. With rates continuing to soften, 2026 is shaping up to be more favourable for both borrowers and lenders”.
December 30, 2025 12:30
Stock market live today: C.E. Info Systems expands Mappls app with metro, rail, and bus routes for select cities
C.E. INFO SYSTEMS LTD: CO. EXPANDS MAPPLS APP CAPABILITIES WITH MULTIMODAL PUBLIC TRANSPORT ROUTES; FEATURE INCLUDES METRO, RAIL & BUS INFORMATION FOR SELECT CITIES; AIMS TO ENCOURAGE SUSTAINABLE URBAN MOBILITY.
December 30, 2025 12:30
Stock market live today: ARC revenue mix to shift further towards recovery-linked income: Crisil Ratings
Healthy recovery cycle, rising share of cash transactions the drivers
Private asset reconstruction companies1 (ARCs) will see their revenue mix continue to tilt towards recovery-linked income—away from primarily management fee-driven income—this fiscal and the next.
There are two reasons for this. One, healthy recoveries, with redemptions expected to continue outpacing acquisitions, coupled with lower management fees in the case of new acquisitions. Two, a rising share of cash transactions.
Private ARCs saw security receipt (SR) redemptions of ~Rs 26,900 crore last fiscal and ~Rs 14,500 crore in the first half of this fiscal. However, new SR issuances declined more than a third to Rs 20,000 crore last fiscal from ~Rs 31,000 crore in fiscal 2024. In the first half of this fiscal as well, SR issuances, at ~Rs 9,600 crore, trailed redemptions.
December 30, 2025 12:08
Stock market live today: Tata Power arm commissions SJVN’s 1 GW solar project, largest by TPREL
Tata Power Renewable Energy Limited (TPREL) has successfully commissioned SJVN Limited’s 1 GW DCR-compliant solar power project, marking its largest solar installation to date.
Spread across Bikaner, Rajasthan, the project uses 2.4 million modules manufactured at TP Solar’s Tirunelveli facility, reinforcing the Make in India initiative.
The capacity has been allocated to utilities in Rajasthan, Jammu & Kashmir, and Uttarakhand. Expected to generate about 2,455 million units annually, the project will offset nearly 1.74 million tonnes of CO₂, supporting India’s clean energy and decarbonisation goals.
December 30, 2025 12:06
Stock market live today: MapmyIndia’s Mappls app adds multimodal public transport routes across major cities
MapmyIndia Mappls has enhanced its flagship Mappls App by introducing multimodal public transport routing, allowing users to access metro, rail and bus information on a single platform. Available across select Indian cities, the feature strengthens Mappls’ fully indigenous mobility ecosystem for efficient, sustainable travel. The update is live on iOS and web, with Android rollout planned soon.
December 30, 2025 12:02
Insights: Indian markets show resilience in 2025, add ₹30 lakh crore to investor wealth
Dalal Street investors gain Rs 30 lakh crore in 2025 as Sensex rises 8%
Dalal Street added Rs 30.2 lakh crore investor wealth in 2025 as Sensex rose over 8%, driven by domestic inflows despite FII outflows and global risks.
December 30, 2025 11:50
Technicals: Gold, Silver correct sharply on margin increase; technical levels to watch ahead
Renisha Chainani, head of research at Augmont, writes - Gold and Silver retreat from highs on margin increase
· Gold and silver experienced the biggest volatility, plunging more than $200 and $12 in a single day from their highs, respectively. The severity of silver’s slide was exacerbated by the CME’s decision to boost overnight margin requirements to $25,000—the second rise this month. This modification most likely caused forced liquidations among leveraged traders, resulting in position closures independent of individual market outlooks.
· Following a meeting between the presidents of the United States and Ukraine at Mar-a-Lago, there was some tentative hope about prospective peace negotiations. However, this cautious optimism was dashed when Russian President Vladimir Putin notified President Donald Trump on Monday that Moscow would reconsider its negotiation position following what the Kremlin described as a Ukrainian drone strike on a Russian presidential palace. This conflicting geopolitical signal added more anxiety to an already tumultuous trading session.
· Separately, Trump threatened of future strikes against Iran if nuclear development proceeds, while also revealing that the US has hit a drug-related facility in Venezuela.
Technical Triggers
· Gold prices are expected to consolidate in the range of $4300 (~Rs 134,000) and $4400 (~Rs 136,500) after this sharp sell off.
· Silver prices are expected to consolidate between $70 (~Rs 223,000) and $75 (~Rs 237,000), after the sharp sell off.
December 30, 2025 11:41
Stock market live today: NBCC India concludes e-auction of 417 residential units in Noida for ₹1,045.40 crore; to receive 1% marketing fee
NBCC (INDIA) LTD: CO. SUCCESSFULLY CONCLUDES E-AUCTION OF 417 RESIDENTIAL UNITS AT GR. NOIDA AND NOIDA; TOTAL SALE VALUE APPROX. ₹1045.40 CRORES; MARKETING FEE OF 1% TO BE RECEIVED.
December 30, 2025 11:39
Stock market live today: Shyam Metalics’ arm commissions new blast furnace, boosts steel capacity
Shyam Metalics and Energy Limited on December 30, 2025 announced that its step-down subsidiary, Ramsarup Industries Limited, has commenced commercial production at its modern blast furnace and linear sinter plant. The 0.45 MTPA facility features zero process water discharge, strengthening capacity and sustainability.
December 30, 2025 11:34
Stock markets today: Aluminium futures might see a correction
Aluminium futures might see a correction
The price region between ₹284 and ₹287 is a potential support
December 30, 2025 11:25
Stock markets today: Grew Solar bags ₹2,028 cr solar module supply order from NTPC Renewable Energy Ltd
Grew Solar bags ₹2,028 cr solar module supply order from NTPC Renewable Energy Ltd
A solar PV manufacturer in Gujarat — Grew Solar — on Tuesday said it has secured a ₹2,028 crore contract from NTPC Renewable Energy Limited for the supply of high-efficiency solar PV modules aggregating to approximately 1,464.5 MW across multiple locations in Uttar Pradesh.
December 30, 2025 11:21
Stock markets today: Nifty Bank Prediction Today – December 30, 2025: Nifty Bank futures: Contract likely to decline as resistance holds
Nifty Bank Prediction Today – December 30, 2025: Nifty Bank futures: Contract likely to decline as resistance holds
Nifty Bank futures (December) could witness a decline to 58,500 today
December 30, 2025 11:18
Stock markets today: Bharat Biotech signed an MoU with the Telangana Govt to invest ₹1,000 Cr in Nucelion Therapeutics & other novel vaccines and biologics projects.
December 30, 2025 11:18
Stock markets today: NBCC completes e-auction of 417 homes, clocks over ₹1,045 crore in sales
NBCC (India) Ltd Co. successfully concludes e-auction of 417 residential units at Greater Noida and Noida; total sale value approx. ₹1,045.40 crore; marketing fee of 1% to be received.
December 30, 2025 11:14
Stock markets today: Gujarat Kidney shares climb nearly 6% in market debut trade
Gujarat Kidney shares climb nearly 6% in market debut trade
Shares of healthcare company Gujarat Kidney and Super Speciality Ltd on Tuesday listed with a premium of nearly 6 per cent against the issue price of ₹114.
December 30, 2025 11:11
Stock markets live: Investors' wealth surges by ₹30.20 lakh cr in 2025 as stock markets post decent gains
Dalal Street investors became richer by ₹30.20 lakh crore this year, helped by over 8 per cent surge in the BSE benchmark Sensex, despite facing multiple headwinds in the form of foreign fund exodus, tariff-related uncertainties, elevated valuations and a weakening rupee.
Analysts said despite the headwinds, stock markets demonstrated resilience, helped by strong domestic investor support and macroeconomic stability, which was marked by strong GDP growth.
Till December 29, this year, the 30-share BSE Sensex jumped 6,556.53 points, or 8.39 per cent. The benchmark hit its record high of 86,159.02 on December 1.
The market capitalisation (mcap) of BSE-listed firms surged by ₹30,20,376.68 crore to ₹4,72,15,483.12 crore ($5.25 trillion) so far this year.
The mcap of BSE-listed companies had hit the coveted ₹400-lakh crore mark for the first time in April last year. - PTI
December 30, 2025 11:05
Stock markets today: Gujarat Kidney shares climb nearly 6% in market debut trade
Shares of healthcare company Gujarat Kidney and Super Speciality Ltd on Tuesday listed with a premium of nearly 6 per cent against the issue price of ₹114.
The stock made its market debut at ₹120.75, up 5.9 per cent from the issue price on the BSE. Later, it climbed 8.11 per cent to ₹123.25.
At the NSE, the stock started trading at ₹120, up 5.26 per cent.
December 30, 2025 11:00
Nifty Prediction Today – December 30, 2025: Nifty futures: Price action displays a bearish tilt
Nifty Prediction Today – December 30, 2025: Nifty futures: Price action displays a bearish tilt
Nifty futures show bearish trends, with potential decline to 25,800; key trading strategies and sector performance detailed.
December 30, 2025 10:17
Stock market live today: Mastek Inc appoints Google CIO Marc Berson to board from January 2026
Mastek Inc, a step-down subsidiary of Mastek Limited, has appointed Marc Berson to its Board of Directors, effective January 1, 2026. Berson, currently Head of Google Internal Systems (CIO), brings Silicon Valley expertise to strengthen Mastek’s strategic oversight and expand its North American presence in AI-first and cloud transformation services.
December 30, 2025 10:11
Commodities update: Gold, silver hit record highs before sharp pullback on margin hikes
Gold, silver hit record highs before sharp pullback on margin hikes
Gold and silver touched fresh record highs before retreating sharply on profit booking and margin hikes, though safe-haven demand continues to support prices.
December 30, 2025 10:08
Currency market updates: Rupee rises 3 paise to 89.95 against US dollar in early trade
Rupee rises 3 paise to 89.95 against US dollar in early trade
Rupee rises 3 paise to 89.95 against the US dollar, supported by weak dollar and strong industrial production data.
December 30, 2025 10:07
Early trends: Sensex, Nifty decline in early deals amid persistent foreign fund outflows
Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday as persistent foreign fund outflows and a muted trend in global equities dented investors’ sentiment.
The 30-share BSE Sensex dropped 209.32 points to 84,486.22 in early trade. The 50-share NSE Nifty edged lower by 63.25 points to 25,878.85.
From the 30-Sensex firms, Eternal, InterGlobe Aviation, Bajaj Finserv, Tata Steel, UltraTech Cement and Kotak Mahindra Bank were among the biggest laggards.
However, Bharti Airtel, Mahindra & Mahindra, Adani Ports and Reliance Industries were among the gainers.
December 30, 2025 09:59
Stock market live today: Waaree Energies CEO Amit Paithankar resigns
Waaree Energies CEO Amit Paithankar resigns
Waaree Energies CEO Amit Paithankar resigns; Jignesh Rathod appointed as new CEO, effective May 16, 2026.
December 30, 2025 09:37
Stock market live today: Bartronics India signs long-term SLA with Maharashtra Gramin Bank to expand rural banking network
Bartronics India Limited will enter a long-term Service Level Agreement (SLA) with Maharashtra Gramin Bank to strengthen and expand its banking correspondent and customer outreach network. Building on a seven-year partnership, Bartronics currently manages around 350 touchpoints, enabling account opening, transactions, and social security services. The new SLA aims to further enhance financial inclusion across rural and semi-urban communities.
December 30, 2025 09:35
Commodities market updates: Gold Steadies Above $4,350 After Sharp Profit-Taking Drop
* Gold stabilized after more than 4% fall, largest intraday drop since October
* Safe-haven demand supported by persistent global geopolitical uncertainties
* Russia-Ukraine peace talks face renewed doubts after reported escalation
* Trump warns of further Iran strikes and confirms Venezuela facility attack
* Central bank buying, ETF inflows, and rate-cut hopes underpin long-term trend
December 30, 2025 09:34
Corporate actions: Timex Group India Ltd (TIMEX)- Offer for Sale
Issue Period:- 29- Dec-25 to 30- Dec -25
For Non- Retail ( QIB +HNI ) open & close date :- 29-Dec-25
For Retail open & close date – 30-Dec-25 (Today)
Floor Price: INR “275.00”
Closing Price on date of announcement: Rs. 351.75\u0009
Current Market Price: Rs. 329.50
Base Issue size: 0.45 Crs Shares – 4.47% of O/S Capital
Green Shoe Issue size: 0.45 Crs Shares – 4.47% of O/S Capital
Total Issue Size: 0.90 Crs equity shares (INR 248.01 Cr) – 8.93% of O/s Capital
Non-Retail Portion (QIB + HNI) - 90% of Offer Size - Bidding on :- 29-Dec-25
Total Issue Size: 0.8117 Crs shares (INR 223.21 Cr)
Non- Retail Clearing Price: Rs 323.10
Retail Portion - 10% of Offer Size - Bidding on 30-Dec-25 (Today)
Total Issue Size: 0.0902 Crs equity shares (INR 24.80 Cr)
Note : Upto Rs 2 lacs bids are classified as Retail and above non retail ( QIB + HNI )
Note : Based on clearing price discovered for Non retail bids, the minimum price to bid for Retail portion will be Rs. 323.10
December 30, 2025 09:30
Stock market live today: Timex Group Luxury Watches BV to exercise oversubscription option for OFS, adding 4.5 million shares
TIMEX GROUP INDIA: TIMEX GROUP LUXURY WATCHES B V TO EXERCISE OVERSUBSCRIPTION OPTION FOR OFS || PROMOTER TO EXERCISE OVERSUBSCRIPTION OPTION TO EXTENT OF 4.5M SHARES
December 30, 2025 09:29
Corporate actions: Hindusthan Urban Infra approves 1:5 stock split
HINDUSTHAN URBAN INFRA: CO APPROVED EQUITY SHARES SPLIT IN 1:5 RATIO
December 30, 2025 09:29
Stock market live today: Praveg signs strategic inventory agreement with Mahindra Holidays
PRAVEG: CO ANNOUNCES STRATEGIC INVENTORY AGREEMENT WITH MAHINDRA HOLIDAYS
December 30, 2025 09:28
Stock market live today: Ola Electric Roadster X+ gets government nod
Ola Electric announced that its Roadster X+ (9.1 kWh), powered by the indigenously developed 4680 Bharat Cell battery pack, has received CMVR approval from iCAT, Manesar. The certification enables deliveries to begin, making it India’s first electric motorcycle with a fully in-house battery. The Roadster X+ offers an industry-leading 500 km range, addressing range anxiety for riders beyond metro cities.
December 30, 2025 09:27
Opening bell: Sensex, Nifty open lower
I
Sensex, Nifty open flat as markets brace for monthly expiry amid profit booking
Markets opened on a subdued note on Tuesday morning, with benchmark indices trading nearly flat as traders remained cautious ahead of the December derivatives expiry amid thin year-end volumes and continued foreign institutional investor outflows
December 30, 2025 09:09
Share market live today: Brokerage's stock recommendations
Emkay on Lenskart
Initiation – BUY, TP ₹525
Clear category leader in a structurally growing USD 9bn eyewear market; ~13% industry CAGR with strong tailwinds from GST cuts and fashionisation.
Best-in-class unit economics (sub-1 year payback, ~64% GM) and scalable tech-led model support rapid expansion and margin compounding.
Multiple optionalities (vision care, audiology, smart eyewear) and ~₹40 bn net cash provide long runway for growth
Avendus on Home Textile
Macro developments such as tariff normalization & progress of free trade agreements are key monitorables
Indian players repositioning within the value chain through diversification, branding and expansion into adjacent categories to sustain growth
Falling US imports reflect demand moderation & inventory rationalisation, which could weigh on near-term volumes & earnings but this could be cyclical rather than structural
EBITDA margins for large players are closely linked to export incentives, with underlying profitability excluding incentives being materially lower
Initiate Buy on Indo Count – TP Rs 348 ( on its ability to drive growth through trade-driven share gains, channel/geographical diversification & expansion into adjacent categories
Initiate reduce on Welspun Living – TP Rs 135
MS on Titan
OW, TP Rs 4062
Tanishq launched the Tanishq Diamonds Expertise Centre in its first store in Mumbai
Store is equipped with machines that aid in-store diamond evaluation, including detecting natural vs. lab-grown diamonds
SynthDetect machine tests the diamond via a four-step process (live view, fluorescence 1 and 2, and phosphorescence), with a transparent evaluation in front of customers
Although this will be a gradual launch across the store network, we believe the initiative will further strengthen the trust associated with the Tanishq brand
Nuvama on Titan
Buy, TP Rs 4672
Attended inaugural beYon store launch—House of Titan’s new venture.
Key highlights:
i) The collection features LGDs (VS clarity, F-G colour) set in typically 14K and 18K gold.
ii) Targeted at adornment focused daily and casual wear with cuts being the main differentiator.
iii) No buyback policy is there for lab-grown diamonds.
iv) Making charges range from INR1,800–2,000 per gram.
Purchases include a proprietary in-house certificate documenting diamond specifications
Investec on Petronet LNG
Buy, TP Rs 400
Top pick for 2026
Global LNG supply is set to rise sharply in 2026 (7% or 40 bcm), fastest growth since 2019
This surge -- driven primarily by US, Canada, Qatar, and African producers –far exceeds demand growth and keeps spot prices under pressure
This benign pricing environment comes at an opportune time for India, where LNG imports fell in FY25 due to temporary factors that are now stabilizing.
Lower spot prices should help revive price-sensitive industrial demand from early 2026.
Against this backdrop, PLNG is strategically well positioned: its Dahej expansion to 22.5mmtpa is complete, its contracted volumes provide strong downside protection, and superior connectivity should help capture incremental spot volumes as prices soften.
After an 18% correction over the past year on cyclical import weakness, PLNG now trades below its historical valuation band, offering an attractive entry point.
A prolonged global LNG glut likely to structurally lift India’s LNG imports over the next 3–5 years, driving earnings growth and valuation re-rating
MS on Shriram Fin
OW, TP Rs 925
CARE Ratings upgrades longterm credit rating to AAA
Will watch for potential actions from other rating agencies as well
These could result in a meaningful reduction in borrowing costs for Shriram & catalyze higher long-term loan growth & better loan spreads
CLSA on Dixon Tech
O-P, TP cut to Rs 15800 from Rs 18800
Dixon’s near-term growth trajectory looks clouded given tapering smartphone sales in India and market share losses for its key customers
Expect largely flat YoY top-line growth in 3Q (and a QoQ decline), paving way for a FY26 guidance cut
Interactions with investors also indicate concerns around regulatory approvals, which will be key to watch
That said, remain constructive on medium term growth, & hence despite cuts to FY26-27CL earnings, FY28CL EPS is largely unchanged
CLSA on India Economics
An Eventful end to 2025
Govt passes important bills and RBI injects liquidity
Budget constrains expected to be eased for Central Government
10-year yield bonds expected to be brought down towards 6.5% vs peak of 6.65%
Above moves could amount to 0.2% of GDP
Nomura on IIP
Pick up in IP growth in November above market expectation
Capital and Infra goods have performed better than consumer goods industries
Labour intensive sectors at eye of Trump tariff storm continue to struggle
Outperformance driven computers, electronics and transportation
Positive on India’s economic outlook for FY27
CLSA on IIP
IIP growth at 25-month high at 6.7% YoY vs expectations of 3.6% YoY (In Nov)
Uptick in growth has been broad based with manufacturing being a key driver
IIP growth will be above 4% YoY for Q3FY26-higher than expectations
Risks include global uncertainty and shrinking government expenditure
Mild surprise if India-US trade deal is revived
Revision of the index is on cards for next year
GS on Defence
DAC approved proposals worth ₹79,000 cr, covering all three armed forces
Focus areas: Proposals address key white spaces such as ammunition and radar/electronics, and include new-age equipment
Cumulative Acceptance of Necessity (AoN) in FY26 stands at ₹3.3 tn, close to the all-time high of ₹3.8 tn in FY24
Believe the steep trajectory of AoNs since FY23 implies that the pace of ordering is likely to accelerate
Expect Solar Industries, Bharat Electronics and Bharat Dynamics to be the key beneficiaries, while trickle-down benefits are likely to accrue for Astra Microwave and Data Patterns as well
MOSL on Defence
DAC clears ₹79,000 cr in capital acquisition proposals in the winter session
FY26 YTD approvals at ~₹3.3 tn, nearly 2× the defence capital outlay of ₹1.8 tn
Approvals cover munitions, missiles, air defence, surveillance, training systems and naval platforms
Though AoNs don’t mean immediate orders, the scale de-risks order inflows for defence PSUs and select private players over the next 2–4 years
Maintain positive stance on:
BHE (CMP: ₹393 | TP: ₹500)
HAL (CMP: ₹4,377 | TP: ₹5,800)
BDL (CMP: ₹1,473 | TP: ₹2,000)
AMPL (CMP: ₹979 | TP: ₹1,100)
Remain Neutral on Zen Technologies (CMP: ₹1,386 | TP: ₹1,400)
MS on Cholamandalam Investment
Maintain Equal Weight rating and hike target price to ₹1,640 (vs ₹1,540)
EPS estimates increased by 0.1% for FY26, 0.4% for FY27, and 0.7% for FY28
Upgrades driven mainly by higher loan growth assumptions
FY25–28 loan CAGR revised to 19.2% from 18.5%
Improvement largely reflects stronger growth in the vehicle finance segment
MS on Muthoot Finance
Rating: Overweight; Target price: ₹4,385 (earlier ₹4,050)
Bull-case price: ₹7,150 (earlier ₹6,620)
Bear-case price: ₹2,835 (earlier ₹2,620)
EPS estimates raised – FY26 by 0.5%, FY27 by 5.2%, FY28 by 5.3%, driven by higher loan growth
Loan growth estimated at 50% YoY in FY26 (earlier 43%) on persistently high gold prices
Gold loan growth seen at 17.5% QoQ in 3Q
MOSL on Indigo Paints
Maintain Buy; target price raised to ₹1,450 (from ₹1,400)
Growth outlook improving; competitive pressure easing, says management
Dealer network expansion focused on Tier-1 & Tier-2 cities
Pricing stable; no near-term hikes expected
FY27 revenue growth seen at 15–20%; model ~14% CAGR (FY26–28E)
EBITDA margins seen at ~18–19% in FY27–28
EBITDA/PAT CAGR estimated at 16% / 18% over FY26–28E
MOSL on Ajanta Pharma
Maintain Buy with target price of ₹3,145
AJP’s GLP-1 strategy builds the next growth engine through partnerships
Strong cash surplus enables bolt-on acquisitions for branded generics
Acquired brands have scaled meaningfully over the past 12 months
Expected FY26–28E CAGR: Revenue 11%, EBITDA 15%, PAT 16%
Earnings to reach ₹6,500 cr revenue / ₹1,900 cr EBITDA / ₹1,400 cr PAT
Semaglutide opportunity in Asia & Africa seen at $25–30 mn annual sales from 2HFY28
High profitability: ~70% gross margin, 50–55% EBITDA margin, driving incremental gains
December 30, 2025 09:07
Share market live today: Stocks in News
Lupin: Company has entered into a strategic exclusive licensing, supply, and distribution agreement with Gan & Lee Pharmaceuticals, a China-based company, for Bofanglutide (Positive)
PNB Housing Finance: Company has received a credit rating upgrade from India Ratings and Research (Ind-Ra). (Positive)
BEL: Company receives orders worth Rs 5.69 billion (Positive)
Oricon Enterprises: Company Approved Sale of Assets for Aluminium Tube Manufacturing In Thane (Positive)
Niraj Cement: Company received an Rs 96.1 crore order from border roads organization authority and received an Rs 36.9 crore order from MMRDA. (Positive)
Silver Touch Tech: Company Wins Prestigious Indian Navy Ipadsv2 Mandate: Major Defense Milestone to Drive Revenue Growth, Company to Play Key Role in Modernization of Indian Navy. (Positive)
Coffee Day Enterprises Ltd: Company Approves One Time Settlement Of Rs 70 Crores With Axis Bank; Aiming To Reduce Debt Liability; Payment Schedule Set Until September 2026. (Positive)
Brand Concepts Limited: Company has opened a new “Juicy Couture” store at Sky City Mall, Borivali East Mumbai. (Positive)
Viceroy Hotels: Shareholders have approved the acquisition of SLN Terminus Hotels and Resorts Private Limited for a total consideration of ₹206 Cr (Positive)
Bajaj Finance: Promoter Siddhantnayan Bajaj bought 9.02 lakh shares; Promoter Sanjali Bajaj bought 9.02 lakh shares. (Positive)
Honasa Consumer: Promoter Varun Alagh bought 0.57% stake (Positive)
Shriram Finance: CARE upgrades NCDs & subordinated debt to CARE AAA; Stable. (Positive)
Praveg Limited: Mahindra Holidays & Resorts India Limited (MHRIL) have signed a strategic inventory agreement for Praveg’s upcoming property, Praveg Atoll, Lakshadweep - Thinnakkara. (Positive)
Hindustan Urban Infra: Company approved a 1:5 equity share sub-division, splitting each Rs. 10 share into 5 shares of Rs. 2 face value (Positive)
Sangam India: Company has signed an EPC agreement with IB Vogt Solar India Private Limited. (Positive)
VIP Clothing: India Ratings and Research (Ind-Ra) has upgraded VIP Clothing Limited’s credit ratings (Positive)
Suba Hotels: Company expands presence in Sikkim with Launch of Click Collection Hotel, Gangtok. (Positive)
Afcons Infra: Breakthrough achieved in Cidco Water Tunnel Project, Company Offers to Complete the Project Six Months Ahead of Schedule. (Positive)
Niraj Cement Structurals: Company Receives Order from Mmrda worth Rs 348.6 million. (Positive)
Gulf Oil Lubricants: Company Launches New Gulf Syntrac Engine Oil (Positive)
Endurance Tech: Company Says Italy Commerce Chamber Approved Merger of Company’s Units with Endurance Castings. (Positive)
Cupid: Company Approves FMCG Facility in Saudi Arabia, Project Funded Internally, Subject to Approvals. (Positive)
Rail Vikas Nigam Limited: Company has been declared the L1 by East Coast Railway for setting up a Wagon POH Workshop with project cost is Rs 201.23 Cr. (Positive)
Orient Technologies: Company’s shareholders have approved a 1:10 bonus issue of equity shares. (Positive)
Meta Infotech: Company has announced the receipt of fresh and renewal purchase orders totaling Rs 6.24 Cr. (Positive)
Fusion Finance: Board approves issuance of NCDs worth ₹2,000 crore, including a green shoe option of ₹50 crore. (Neutral)
Aditya Birla Capital: Company has made a significant investment of Rs 40 Cr in its wholly-owned subsidiary, Aditya Birla Capital Digital Limited (ABCDL), on a rights basis. (Neutral)
RPG Life Sciences: Company has received an order from the GST Authority, Maharashtra, under Section 73 of the Goods & Service Tax Act, 2017, for the tax period Apr 2021 - Mar 2022. The total demand raised is Rs 1.07 Cr. (Neutral)
Icon Facilitators: Company announced the appointment of Ms. Garima Moorjani as Chief Financial Officer (CFO) & Key Managerial Personnel, effective Dec 29, 2025. (Neutral)
Everest Industries: Company announces the resignation of Mr. Puneet Sharma, Vice President - Roofing, effective Feb 2, 2026 (Neutral)
Timex Group India: Promoter exercises OFS oversubscription option for 4.5 million shares. (Neutral)
Onix Solar Energy: Board approved a Rights Issue of equity shares up to ₹250 Cr. (Neutral)
SCI Land & Assets: Company has announced an extension of Capt. B.K. Tyagi’s additional charge as CMD for six months (Neutral)
ERP Soft Systems: Ms. Shivangi Choudhry has resigned as Company Secretary & Compliance Officer due to personal reasons. (Neutral)
IndoStar Capital: Company has approved the sale of a portion of its Commercial Vehicle Loan book to Phoenix ARC Private Limited (Neutral)
FDC Ltd: Company has received a demand notice from the Deputy Commissioner of State Tax for FY21-22, imposing a total demand of ₹15.61 Cr (Neutral)
GNFC: Shri Rajkumar Beniwal, IAS, has been appointed as the new Managing Director (MD) (Neutral)
Grasim: Company/ABReN approve composite scheme moving EMIL renewables into Aditya Birla Renewables. (Neutral)
Lloyds Engineering: Board approves Scheme of Merger by Absorption of LICL, Metalfab Hightech & Techno Industries. (Neutral)
Waaree Energies: Company commissions 3.05 GW Solar Inverter Manufacturing Capacity in Gujarat. (Neutral)
ESAF Small Finance Bank: Transfers loan portfolio with ₹1,693.65 cr outstanding for ₹183.18 cr. (Neutral)
Indian Overseas Bank: Received permission from the Reserve Bank of India to establish an IFSC Banking Unit (IBU) at GIFT City. (Neutral)
Hindalco: Novelis Inc., has entered into a subscription agreement with AV Minerals. Under this agreement, AV Minerals will purchase 50,00,000 common shares of Novelis for $750 million, at a price of $150 per share. (Neutral)
Reliance Industries: The Report Titled “India Claims $30 Billion from Reliance Industries, BP…”Is Factually Incorrect. (Neutral)
Sugar stocks: India allows export of 50,000 tons of organic sugar this fiscal. (Neutral)
TFCIL: Ekta Halwasiya sold 26.5 lakh shares (2.93%) at Rs 63.7 per share (Neutral)
Nazara Tech: SBI MF sells 45 lakh shares at Rs 240.18/sh. (Neutral)
Bandhan Bank: Sells Rs 3,165.25 cr of NPAs from unsecured portfolio to ARCIL for Rs 569.75 cr (Neutral)
IndiGo: Company hikes pilot pay for domestic layover, deadhead allowance, night allowance and domestic transit allowance. (Neutral)
Prime Focus: Company has incorporated Arm Brahma AI ME in UAE. (Neutral)
Gujarat Fluorochemicals: Chairman & Promoter Devendra Kumar Jain passed away. (Neutral)
Ceinsys Tech: The Promoter Sameer Dattatraya Meghe Sells 2.16% Stake (Neutral)
Medplus Health: Catalyst Trusteeship sells 3.47% stake in co (Neutral)
F&O Additions: From Jan series stocks to be added in F&O: Waaree Energies,Swiggy, Premier Energies and Bajaj Holdings. (Neutral)
List of stocks included in ASM Framework: RVNL, KNR Construction. (Neutral)
List of stocks excluded in ASM Framework: Meesho. (Neutral)
A-1 Ltd Ex-Date Wednesday, Bonus issue 3:1 (Neutral)
Indo Us Bio-Tech: Company Receives Summons from Directorate of Enforcement under PMLA, No Immediate Material Impact on Financial or Operational Activities of Company. (Negative)
Waaree Energies: Amit Paithankar resigns as the CEO of the Co w.e.f May 15, 2026. (Negative)
December 30, 2025 08:19
Stock recommendations: All in one Brokerage reports
🌄INDIGO PAINTS – MOTILAL OSWAL VIEW
* Target Price: ₹1,450
* Recommendation: BUY
* Demand Outlook: Company expects industry demand to start accelerating from Q4 FY26
* Industry Growth: Industry growth estimated at 7–8% in FY27, largely volume-led
* Market Positioning: Indigo Paints has consistently grown significantly faster than the industry
🟢 Impact: Positive
Strong relative growth performance and improving demand outlook support a favorable medium-term view.
🌄EMKAY – LENSKART | INITIATION NOTE
* Initiates coverage with BUY recommendation
* Target Price set at ₹525
* Multifold India growth expected to unlock global TAM and new adjacencies
* Indian eyewear industry benefits from strong macro tailwinds
* Strong medium-term growth outlook supports current valuations
* Global peer analysis highlights scalable optionalities
* Healthy balance sheet with ₹4,000 Cr net cash, enabling sustained growth investments
🌄TITAN – MORGAN STANLEY VIEW
* Maintains ‘Overweight’ rating; Target Price at ₹4,062.
* Tanishq has launched a Diamonds Expertise Centre.
* Diamonds Expertise Centre to be rolled out gradually across the network.
* Initiative expected to strengthen trust associated with the Tanishq brand.
* Move likely to improve customer awareness around diamond adulteration.
🌄AJANTA PHARMA – MOTILAL OSWAL VIEW
* Recommendation: BUY
* Target Price: ₹3,145
* Strategic Partnership: Tie-up with Biocon seen as a meaningful step towards introducing new therapies
* Capital Strength: Strong surplus cash provides flexibility to acquire products that complement the branded generics portfolio
* Growth Outlook: Expect 11% revenue CAGR, 15% EBITDA CAGR and 16% PAT CAGR over FY26–FY28
* Near-term View: Management confident of double-digit revenue growth in FY26
🟢 Impact: Positive
Supports long-term growth visibility, strengthens product pipeline, and enhances capital allocation optionality.
🌄CLSA ON DIXON TECHNOLOGIES
* Target Price cut to ₹15,880 from ₹18,800
* Rating maintained at Outperform
* Near-term outlook weak; expects flat YoY revenue in Q3
* QoQ revenue decline likely in Q3
* Margin improvement expected via backward integration in smartphones (medium term)
* Risk of FY26 guidance cut emerging
🟡 Impact: Cautious / Slightly Negative
Near-term earnings pressure and guidance risk may weigh on sentiment despite positive medium-term margin drivers.
🌄CLSA ON DIXON TECHNOLOGIES
* Target Price cut to ₹15,880 from ₹18,800
* Rating maintained at Outperform
* Near-term outlook weak; expects flat YoY revenue in Q3
* QoQ revenue decline likely in Q3
* Margin improvement expected via backward integration in smartphones (medium term)
* Risk of FY26 guidance cut emerging
🟡 Impact: Cautious / Slightly Negative
Near-term earnings pressure and guidance risk may weigh on sentiment despite positive medium-term margin drivers.
🌄MORGAN STANLEY ON MUTHOOT FINANCE
* Target Price raised to ₹4,385 (earlier ₹4,050)
* Recommendation maintained at BUY
* EPS estimates for FY26 / FY27 / FY28 raised
* Driven by stronger-than-expected gold loan growth
* FY26 gold loan growth estimate raised to 50% YoY (from 43%)
* Q3 gold loan growth assumed at 17.5% QoQ despite lower gold price impact
* Positive outlook supported by robust demand momentum in gold loans
Join Market pulse whatsapp channel for all types of stock market updates
🌄MORGAN STANLEY ON MUTHOOT FINANCE
* Target Price raised to ₹4,385 (earlier ₹4,050)
* Recommendation maintained at BUY
* EPS estimates for FY26 / FY27 / FY28 raised
* Driven by stronger-than-expected gold loan growth
* FY26 gold loan growth estimate raised to 50% YoY (from 43%)
* Q3 gold loan growth assumed at 17.5% QoQ despite lower gold price impact
* Positive outlook supported by robust demand momentum in gold loans
Join Market pulse whatsapp channel for all types of stock market updates
🌄TITAN – NUVAMA VIEW
* Buy recommendation with Target Price ₹4,672.
* beYon store format focused on designer jewellery using lab-grown diamonds.
* Around 90% of inventory priced below ₹1 lakh in the 1,000 sq. ft. Mumbai store.
* Median pricing remains flexible based on customer preferences.
* No instalment-based savings scheme currently offered in this format.
* Strategy aimed at attracting modern, design-focused jewellery buyers.
🌄MOTILAL OSWAL ON INDIGO PAINTS
* Maintain BUY recommendation
* Target Price: ₹1,450
* Industry demand expected to accelerate from Q4 FY26
* Industry growth likely at 7–8% in FY27, driven by volumes
* Indigo Paints continues to outperform industry growth
* Strong execution positions the company well for the upcoming demand upcycle
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🌄PETRONET LNG – INVESTEC VIEW
* Target Price: ₹400
* Rating: Buy
* Global LNG supply to rise sharply in 2026 – fastest growth since 2019
* Lower spot LNG prices likely to revive price-sensitive industrial demand
* Stock trades below historical valuation band, offering attractive entry point
* Prolonged global LNG glut may structurally boost India’s LNG imports over next 3–5 years
🟢 Impact: Positive
Favourable global supply dynamics and attractive valuations support medium-term upside potential.
🌄NOMURA ON MACROS
* IP growth in November exceeded market expectations
* Capital & infrastructure goods outperformed consumer goods
* Labour-intensive sectors affected by Trump tariffs continue to struggle
* Outperformance driven by computers, electronics & transportation
* Positive outlook for India’s economy in FY27
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🌄AJANTA PHARMA – MOTILAL OSWAL VIEW
* Recommendation: BUY
* Target Price: ₹3,145
* Strategic Tie-up with Biocon to introduce new therapies
* Strong cash position enables acquisitions complementing branded generics
* Growth Outlook: 11% Revenue CAGR, 15% EBITDA CAGR, 16% PAT CAGR (FY26–FY28)
* Near-term: Management confident of double-digit revenue growth in FY26
🟢 Impact: Positive
Supports long-term growth, strengthens product pipeline, and enhances capital allocation flexibility.
December 30, 2025 08:15
Stock market live today: Nifty likely to see gap-down start as volatility spikes on expiry day
Indian markets may open lower amid weak global cues, F&O expiry
Indian markets are set for a weak opening as Gift Nifty signals a gap-down amid global selloff, F&O expiry volatility and cautious derivatives positioning.
December 30, 2025 07:52
Stock market live today: 𝐌𝐨𝐭𝐢𝐥𝐚𝐥 𝐎𝐬𝐰𝐚𝐥 𝐒𝐦𝐚𝐥𝐥 𝐂𝐚𝐩 𝐅𝐮𝐧𝐝 – 𝐍𝐨𝐯 𝟐𝟎𝟐𝟓 𝐌𝐨𝐯𝐞𝐬
𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐬
City Union Bank Ltd.
DCB Bank Ltd.
MTAR Technologies Ltd.
Aditya Infotech Ltd.
𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐬
Rubicon Research Ltd.
Birlasoft Ltd.
Sonata Software Ltd.
V2 Retail Ltd.
GE Vernova T&D India Ltd.
Aditya Vision Ltd.
Aegis Vopak Terminals Ltd.
Five Star Business Finance Ltd.
𝐃𝐞𝐜𝐫𝐞𝐚𝐬𝐞𝐬
Multi Commodity Exchange of India Ltd. (MCX)
eClerx Services Ltd.
Ola Electric Mobility Ltd.
Transformers & Rectifiers (India) Ltd.
Kaynes Technology India Ltd.
December 30, 2025 07:34
Stock market live today: Lemon Tree Hotels expands in Andhra Pradesh with 228-key Lemon Tree Suites Tirupati
LEMON TREE HOTELS: CO EXPANDS ANDHRA PRADESH FOOTPRINT WITH 228-KEY LEMON TREE SUITES TIRUPATI UNDER MANAGED MODEL
December 30, 2025 07:34
Stock market live today: Astal Lab, Immuna Therapeutics sign tech transfer deal; ₹3 billion revenue expected
ASTAL LAB: CO SIGNED LETTER OF INTENT WITH IMMUNA THERAPEUTICS GMBH || COLLABORATION INCLUDES TECHNOLOGY TRANSFER AND LOCALIZATION IN INDIA || IMMUNA COLLABORATION EXPECTED TO GENERATE 3B RUPEES REVENUE
December 30, 2025 07:33
Stock market live today: Delta Renewable Energy signs ₹99.42 crore EPC contract for 17.6 MW solar project in Tamil Nadu
ORIENT GREEN POWER: DELTA RENEWABLE ENERGY SIGNS EPC CONTRACT FOR 17.6 MW SOLAR POWER PROJECT IN TAMIL NADU WORTH 99.42CR RUPEES
December 30, 2025 07:33
Stock market live today: NTPC Green Energy adds 13.98 MW at Khavda-I, total capacity now 8,010.28 MW, strengthening renewable growth momentum
NTPC GREEN ENERGY: KHAVDA-I ADDS 13.98 MW TAKING TOTAL INSTALLED CAPACITY TO 8,010.28 MW, STRENGTHENING RENEWABLE GROWTH TRAJECTORY
December 30, 2025 07:17
Stock market live today: Nifty, Sensex end lower amid expiry volatility and FII outflows, says Vikram Kasat, PL Capital
Markets by Mr. Vikram Kasat, Head - Advisory, PL Capital
Indian equity markets ended Monday’s session on a weak note, as traders remained cautious ahead of the December derivatives expiry amid subdued year-end volumes and continued foreign institutional investor (FII) outflows.
The Nifty 50 slipped below the 25,950 mark, closing nearly 100 points lower, while the Sensex fell 346 points to settle at 84,695. The Bank Nifty also ended in the red, down 79 points, slipping below the 59,000 level. Weakness extended to the broader markets, with the Nifty Midcap and Smallcap indices declining around 0.5% each.
Volatility picked up after several muted sessions. India VIX rose over 6% to 9.72, signalling a modest increase in near-term uncertainty as market participants positioned cautiously ahead of expiry-related developments.
On the sectoral front, metal stocks failed to hold on to early gains, retreating from intraday highs as global prices corrected. Selling pressure was also visible across financials, IT, realty, healthcare and consumption-linked stocks, reflecting a risk-averse undertone.
Railway stocks witnessed profit booking after recent sharp rallies, with IRFC and RVNL sliding close to 5% each. In contrast, Nifty Media, FMCG and PSU indices managed to close marginally higher, supported by selective buying in defensive and energy-related names.
Oil marketing companies advanced as crude oil prices eased, providing relief to the sector. Meanwhile, HFCL, NCC and Titagarh Rail Systems ended higher, gaining between 2% and 5%, ahead of their exclusion from the futures and options segment.
Among Nifty 50 constituents, Tata Steel, Tata Consumer Products, Asian Paints and Grasim were the top gainers, while Adani Ports, Power Grid, HCL Technologies, Trent, BEL and Bharti Airtel featured among the key losers.
In the commodities space, gold and silver saw some profit booking after scaling record highs in recent sessions.
Going ahead, expiry-related volatility, FII activity, global cues and signals from the Fed minutes will be closely tracked.
December 30, 2025 07:16
Economy watch: IIP Data by Mahendra Patil, Founder and Managing Partner, MP Financial Advisory Services LLP
“The sharp rebound in IIP growth to 6.7% in November reflects a broad-based recovery, led by manufacturing, particularly in basic metals, pharmaceuticals, and automobiles. The strength in capital goods and infrastructure-related output points to improving investment activity, while the decline in electricity generation largely reflects post-festive normalization rather than a slowdown in underlying industrial demand.”
December 30, 2025 07:16
WATCH: Today's stock recommendation
December 30, 2025 07:15
Corporate actions: Orient Technologies board approves Bonus Issue
Orient Technologies, a leading provider of IT infrastructure, cloud, cybersecurity, and digital transformation solutions, announced on December 19, 2025 that its shareholders have approved a bonus issue of equity shares in the ratio of 1:10, marking an important milestone in the Company’s ongoing journey of sustainable value creation.
The approval, received through a Postal Ballot process with strong shareholder participation, reflects continued investor confidence in Orient’s financial discipline, resilient operating model, and its strategic positioning in high-growth technology segments that are driving enterprise transformation across India.
The bonus issue will be implemented through the capitalisation of ₹4.16 crore from the Securities Premium Account, in line with applicable provisions of the Companies Act, 2013 and SEBI regulations. The bonus equity shares will rank pari passu with existing fully paid- up equity shares and will be credited in dematerialised form to eligible shareholders. The record date for determining eligibility will be announced separately in due course. The Company has received the in-principle approvals from the Stock Exchanges in connection with the proposed issue of Bonus Equity Shares.
December 30, 2025 07:14
Stock market live today: Indian real estate growth in 2025 was end-user driven and stable expansion is expected in 2026, says Gaurav Pandey, Godrej Properties
Gaurav Pandey, MD & CEO, Godrej Properties Ltd.
“2025 was a year of sustained growth for Indian real estate, driven by strong housing absorption, firm pricing, and the delivery of major infrastructure projects across key metros. Demand remained fundamentally end-user focused, supported by rising incomes and formal job creation, while consolidation accelerated as customers increasingly chose branded developers for transparency and execution certainty.
As we step into 2026, the sector is poised for stable, broad-based growth, underpinned by disciplined supply and a healthier demand–inventory balance. With multiple infrastructure projects nearing completion and urban employment drivers remaining robust, we expect momentum to continue anchored in genuine homeownership aspirations rather than speculative activity.”
December 30, 2025 07:13
Stock market live today: CarDekho Group continues standalone profitability streak, achieves 24% consolidated revenue growth with Rs 2,795 crore revenue in FY25
CarDekho Group, India’s leading classified platform player, recorded a total revenue of INR 2,795 crores in FY25, a 24% growth year-over-year from INR 2,250 crores in FY24. The Group’s financials reflect steady performance throughout its diversified portfolio, spanning across auto classifieds, fintech, mobility solutions, insur-tech, and international businesses. The overall growth trajectory was driven by strong performances across the businesses and in particular by its fleet-management business, Carrum. The Group reduced its consolidated losses from INR 276 crores to 266 crores (before exceptional items and share of losses in associates) which were primarily driven by growth stage losses in its insurance and Southeast Asia businesses, while maintaining a net cash reserve of INR 1,177 crores.
The standalone business, which houses the flagship auto classified and financing business, posted profitability for second year in a row (before exceptional items) with revenue crossing INR 1,000 crore.
December 30, 2025 07:13
Economy watch: Aditi Nayar, Chief Economist, ICRA Ltd. on the Index of Industrial Production (IIP) data
“While the year-on-year (YoY) growth in the IIP surged to a 25-month high of 6.7% in November 2025 from 0.5% in October 2025, this upswing largely reflects the shift in the festive calendar, restocking after the festive season sales, as well as some normalisation in activity across the mining and electricity segments following the excess unseasonal rains in the previous month.
Despite the demand boost spurred by GST rationalisation, IIP growth averaged at 3.6% during October-November FY2026, lower than the 4.3% expansion seen in Q2 FY2026, led by a weaker performance of the electricity sector.
Notably, while manufacturing growth quadrupled to 8.0% in November 2025 from 2.0% in October, the average for these months was largely unchanged at ~5.0%, in line with the Q2 FY2026 print. Among the use-based categories, only two of the six segments -consumer non-durables and capital goods output – saw an improvement in their growth rates in October-November vis-à-vis Q2 FY2026. While growth in infra/construction goods slowed between these periods, it remained quite strong, which along with the healthy growth in capital goods output suggests that investment activity likely remained robust.
Interestingly, average growth in consumer non-durables remained dull at 1.3% in October-November 2025, trailing the 4.3% rise in consumer durables.
The impact of the US tariffs and penalties is likely to reflect across some of the manufacturing segments, partly offsetting the positive impact of the GST rate rejig. However, electricity demand has expanded in December 2025 after a gap of two months, which should boost power generation in the month, auguring well for IIP growth in the month. We expect the IIP growth to ease to 3.5-5.0% in December 2025, as the base effect normalises and the benefit from restocking wanes.”
December 30, 2025 07:12
Stock market live today: Sensex slips below 85,000; near-term outlook cautious with resistance at 85,200 and support at 84,200, says Aakash Shah, Choice Equity Broking
Aakash Shah, Research Analyst, Choice Equity Broking.
“On 29 Dec 2025, the Sensex lost momentum and closed lower, reflecting a continuation of recent corrective price action as year-end liquidity remained thin and profit-taking dominated. The index shed approximately 0.4 % and slipped below key intra-day resistance near the 85,000 zone, indicating short-term selling pressure and a lack of follow-through buying after earlier attempts to reclaim higher levels.
From a technical perspective, the Sensex traded below its 20-day moving average, reinforcing near-term bearish bias, while the failure to sustain above the 85,000 band suggests a potential shift toward consolidation or further correction. Immediate resistance for the index is now placed near 85,100–85,200 with a break above this zone needed to revive upside momentum. On the downside, 84,200–84,300 represents the first significant support zone, followed by the 84,000 area, where buyers may re-emerge to absorb selling pressure.
Sectorally, weakness was broad-based, with IT and heavyweight banking names among the laggards on the day, while only a handful of stocks managed modest gains, underscoring uneven participation across the benchmark.”
December 30, 2025 07:11
Global markets live today: US bankruptcies hit 15-year high in 2025 as Trump tariffs and inflation squeeze companies across sectors
Bankruptcies soared to a 15-year high in 2025 as companies struggled to cope with Trump’s Inflation, Trade wars
* Among the firms that filed for bankruptcy this year were Spirit Airlines and solar company PosiGen
Trump Tariffs Ignite Corporate Bankruptcy Apocalypse: 717 Firms Crushed in 2025
* Industrials and Manufacturing: 98 filings, worst since 2010. Tariffs on steel (50% hikes) crushed fabricators; Wolfspeed’s $6B debt collapse symbolizes chip wars’ fallout.
* Consumer Discretionary: 80 cases, including iRobot’s pivot to Chinese rivals post-tariffs. Apparel and toys importers saw margins evaporate.
* Real Estate: High rates + tariff-driven construction costs led to 65 filings; commercial vacancies hit 20%.
* Healthcare: 52 bankruptcies as Medicare reimbursements lagged inflation.
* Energy: Sunnova’s solar implosion amid panel tariffs from Southeast Asia.
America’s Factories Shutter as Trade Wars Trigger 15-Year Bankruptcy Peak.
December 30, 2025 07:10
Stock market live today: Jindal Steel to double structural steel capacity at Raigarh plant to 2.4 MTPA by mid-2028
Jindal Steel has planned an expansion of its structural steel manufacturing capabilities at its Raigarh facility, under which the company will double its existing structural steel capacity from 1.2 million tonnes per annum (MTPA) to 2.4 MTPA by mid-2028.
December 30, 2025 07:10
Stock market live today: Bharat Electronics secures additional orders worth ₹569 crore for radars, communication equipment, and more
Bharat Electronics has received additional orders worth Rs. 569 Cr over the past fortnight comprising of radars, tank overhaul, communication equipment, fire control systems, simulators, antenna stabilization systems, security software etc.
December 30, 2025 07:10
Stock market live today: Varun Alagh raises stake in Honasa Consumer to 32.45% with ₹50 crore block deal at ₹270 per share
Honasa Consumer Ltd.,promoter, Varun Alagh, has increased his equity stake in the company to 32.45%, by acquiring 0.57% of total share capital through a block deal mechanism at a price of Rs.270/per sh aggregating to ~ Rs.50 crs
December 30, 2025 07:09
Stock market live today: India overtakes Japan to become world’s fourth-largest economy, driven by strong GDP and industrial growth
India remains one of the world’s fastest-growing major economies and enjoying a true Goldilocks moment in 2025. With GDP valued at USD 4.18 trillion, India has surpassed Japan to become the world’s fourth-largest economy and is poised to displace Germany from the 3rd rank in the next 2.5-3 years with projected GDP of USD 7.3 trillion by 2030.
The Index of Industrial Production of India grew by 6.7% yoy, from the previous year in November 2025, driven by 8.0% growth in manufacturing sector. The growth is led by manufacture of basic metals and fabricated metal products, pharmaceuticals and motor vehicles. Growth was also sharp for mining (5.4% vs -1.8%) as the closure of the monsoon season supported operations.
December 30, 2025 07:07
Stock market live today: IIP DATA
Capital goods at 10.4% vs 2.4% MoM
Intermediate goods at 7.3% vs 0.9% MoM
Infra goods at 12.1% vs 7.1% MoM
Consumer durables at 10.3% vs -0.5% MoM
Consumer non-durables at 7.3% vs -4.4% MoM
November IIP growth of 6.7% is highest in 2 years
December 30, 2025 07:06
12 stocks to watch: Waaree Energies, IndiGo, Grasim, Hindalco, RVNL and more
12 stocks to watch: Waaree Energies, IndiGo, Grasim, Hindalco, RVNL & others
Explore 12 key stocks to watch, including Waaree Energies and IndiGo, and recent corporate developments impacting the market.
December 30, 2025 06:44
Interview: 2025 was more about execution than new rules, says COO of Kotak Securities
2025 was more about execution than new rules, says COO of Kotak Securities
Sandeep Chordia, COO of Kotak Securities, said that SEBI's focus in 2025 was more on execution than introducing new rules
December 30, 2025 06:44
Stock recommendation: Lenskart (Buy)
Broker’s call: Lenskart (Buy)
Lenskart is India’s leading eyewear retailer (market share: 5 per cent) and aspires to become a global giant, helped by technology being at the core across all business functions.
December 30, 2025 06:43
Stock recommendation: IRCTC (Buy)
Broker’s call: IRCTC (Buy)
AUM Capital recommends buying IRCTC with a target price of ₹825, citing strong revenue growth and digital initiatives.
December 30, 2025 06:42
Analysis: ICICI Prudential midcap, Kotak Multicap, DSP Smallcap, Mirae Asset Flexicap, Helios Large and Midcap et al: Your guide to best performing funds of 2025
ICICI Prudential midcap, Kotak Multicap, DSP Smallcap, Mirae Asset Flexicap, Helios Large and Midcap et al: Your guide to best performing funds of 2025
Explore the 2025 mutual fund landscape, analyzing returns, trends, and performance across various fund categories and markets.
December 30, 2025 06:41
Stock recommendation: Shree Cement: What should investors do?
Shree Cement: What Should Investors Do?
Shree Cement's strategic focus on value-based growth and efficient operations positions it for steady capacity expansion and improved margins.
December 30, 2025 06:40
Commodities technicals: Natural gas futures: Price likely to drop
Natural gas futures: Price likely to drop
Traders can short January contract for a target of ₹300
December 30, 2025 06:40
Trading Guide for December 30, 2025: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide for December 30, 2025: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI
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Published on December 30, 2025