KEY HIGHLIGHTS
Economic Data Releases And Events For Dec 12
Europe: Monetary Policy Statement — 6:45 p.m.
US: PPI & Core PPI — 7:00 P.M.
US: Weekly Unemployment Claims — 7:00 p.m.
Europe: European Central Bank Press Conference — 7:15 p.m.
UK: Consumer Board Leading Index — 8:00 p.m.
US: Energy Information Administration Natural Gas Storage Report — 9:00 p.m.
Most US Futures Rise Before US PPI Data
The S&P 500 and Nasdaq 100 futures rose 0.82% and 1.77% higher, respectively. The Dow Jones Industrial Average future declined 0.22%.
Nifty, Sensex Settle At Over One–Week Low; RIL, L&T Share Prices Drag: Market Wrap
The NSE Nifty 50 and BSE Sensex ended at the lowest level in over a week as Reliance Industries Ltd., Larsen & Toubro Ltd. and Hindustan Unilever Ltd. dragged.
The Nifty 50 ended 93.10 points or 0.38% down at 24,548.70. The Sensex ended 236.18 points or 0.29% down at 81,289.96. In last two session, the Nifty 50 and Sensex ended on a muted note due to lack of significant cues.
The Nifty 50 declined as much as 0.46% to 24,528.00, and the Sensex fell 0.37% to 81,212.90.
HDFC Bank Ltd. share price declined 0.77% to Rs 1,848.70 apiece. It fell after Securities and Exchange Board of India issued a warning letter. The warning letter alleged non–compliance with certain provisions of the regulator.
"The Index started the weekly expiry trade on a tepid note and gradually compounded its losses to retest its strong support zone of 24,500-24,550 before settling the day at 24,548.70 with a loss of 93.10 points," said Aditya Gaggar, director, Progressive Shares.
Barring IT and Metal, all the other sectors ended the day in red with Media and FMCG being the major laggards. Today's fall was triggered due to profit booking in the Broader market segment as Mid and Smallcaps corrected by 0.46% & 0.97%. Nifty50 has made a bearish candle at the lower end of consolidation and the activity of tomorrow's trade will provide better clarity. On the downside, immediate support is at 24,500 followed by 24,430, 50–day moving average whereas the higher side seems to be capped at 24,690, Gaggar said.
Reliance Industries Ltd., Larsen & Toubro Ltd., Hindustan Unilever Ltd., NTPC Ltd., and ITC Ltd. weighed on the index.
Bharti Airtel Ltd., Infosys Ltd., Tata Consultancy Services Ltd., Tech Mahindra Ltd., and ICICI Bank Ltd. added to the Nifty 50 index.
On NSE, 10 sectors declined, and two advanced. The NSE Nifty Media declined the most. The NSE Nifty IT was the best performing sector. Earlier in the session, the Nifty IT rose to the record high.
Broader indices underperformed. BSE Midcap closed 0.6% down and BSE Smallcap fell 1%.
Except BSE IT, Utilitiles, and Teck, all sectoral indices closed lower.
Market breadth was skewed in the favour of sellers. Around 2,508 stocks fell, 1,491 rose, and 106 remained unchanged on the BSE.
Rupee Closes Weaker Against US Dollar
Rupee closed 3 paise lower at 84.87 against the US dollar. It closed at 84.84 on Wednesday, according to data Bloomberg.
Market At Close
The NSE Nifty 50 and BSE Sensex closed lower on Thursday after two days of muted session.
The benchmark indices ended at the lowest level since Dec 4,.
Bharti Airtel Ltd. Infosys Ltd., and Tata Consultancy Services Ltd. added to the NSE Nifty 50 index.
Reliance Industries Ltd. Larsen & Toubro Ltd., and Hindustan Unilever Ltd. weighed on the NSE Nifty 50 index.
The NSE Nifty Midcap 150 ended 0.50% down at 21,770.05.
The NSE Nifty Smallcap 250 ended 0.93% down at 18,330.30.
Stock Market Today: NBCC Appoints Project Management Consultant For Completion Of 16 Projects
NBCC has been appointed as the Project Management Consultant for the completion of 16 projects of Supertech. The tentative construction cost of the projects is approximately Rs 9,445 crore, including a 3% contingency. The PMC fees have been fixed at 8% for the Supertech projects, according to an exchange filing.
Stock Market Live: Praveg Commences Beach Resort At Jalandhar House
Praveg Ltd. has commenced operations of its beach resort at Jalandhar House, Diu, in partnership with Roots Corp, according to an exchange filing.
Stock Market Today: RVNL Gets Order Worth Rs 111 Crore
Rail Vikas Nigam Ltd. has received a Letter of Acceptance for an order worth Rs 111 crore from Southern Railway, according to an exchange filing.
Europe Market Update: Most Stocks Rise Before ECB Rate Decision
Most stocks rose before the European Central Bank interest rate decision, scheduled to be announced later today.
Stock Market Live Updates: Aster DM Healthcare Grant Thornton Concludes Investigation
Aster DM has announced that Grant Thornton has concluded its investigation in response to a whistleblower complaint. The company stated that the audit findings from the investigation do not have any impact on its financial statements, according to an exchange filing.
Stock Market Today: HDFC Bank Gets Warning Letter From SEBI
HDFC Bank Ltd. has received an administrative warning letter from SEBI, alleging non-compliance with certain provisions. The bank has stated that it will take the necessary steps to address SEBI's concerns. The warning letter pertains to observations made during an inspection of the bank's investment banking operations, according to an exchange filing.
Stock Market Live Updates: Saurashtra Cement Commences Production At Gujarat Klin
Saurashtra Cement Ltd. has commenced production at its kiln in Gujarat, as per an exchange filing. The company had previously paused production at the kiln on Nov 29 due to higher clinker inventory.
IPO Update: AYE Finance Plans To Raise Rs 885 Crore
AYE Finance Ltd. plans to raise up to Rs 885 crore through an initial public offering, which will include an offer for sale of up to Rs 565 crore, according to Bloomberg.
TCS Share Signs Five–Year Deal With Telenor Denmark
Tata Consultancy Services Ltd. has signed a five-year deal with Telenor Denmark for the provision of IT infrastructure services, as per an exchange filing.
Stock Market Live Updates: Indian Benchmarks Trade Near Day's Low
The NSE Nifty 50 and BSE Sensex extended losses to day's low. The indices declined 0.37% and 0.29% respectively so far today.
Stock Market Today: Poddar Housing & Development Defaults On Loan Repayment
Poddar Housing And Development Ltd. has defaulted on the repayment of loan and interest owed to STCI Finance. As a result, STCI Finance has filed a petition before the National Company Law Tribunal in Mumbai, according to an exchange filing.
Stock Market Today: Adani Green Energy's Unit Commissions Solar Power Project In Rajasthan
Adani Green Energy Ltd. has announced that its arm has commissioned a 250 MW solar power project in Rajasthan. With this addition, the company's total operational renewable generation capacity now stands at 11,434 MW, as per an exchange filing.
Stock Market Today: MTNL Share Price Hits Three-Month High
Mahanagar Telephone Nigam Ltd.'s share price surged as much as 14% on Thursday to hit highest in three months, even as the company said it could not fund the escrow account with the adequate amount, due to insufficient funds.
Stock Market Live Updates: Most Stocks Advance
Most stocks of the Adani Group companies were trading higher on Thursday. Adani Green Energy Ltd. was leading the gains with 5.63% rise. Adani Power Ltd. and Adani Total Gas Ltd. followed the lead.
Ambuja Cements Ltd. declined the most to become the worst performer.
Also Read: Adani Group Companies Add Nearly Rs 27,000 Crore To Investors' Wealth As Most Stocks Rise
Disclaimer: NDTV is a subsidiary of AMG Media Networks Limited, an Adani Group Company.
Stock Market Live Updates Today: Jupiter Wagons Jumps 18% In Two Sessions
Jupiter Wagons share price extended its gains from Wednesday and rose to its hit highest level in four months. In the two sessions of gains, the stock has gained more than 18%.
Stock Market Live: Shakti Pumps Share Price Rises After Bagging Order Worth Rs 753.30 Crore
Shares of Shakti Pumps (India) Ltd. rose 5% to Rs 856.55 apiece, the highest level Nov 27. The share price rose as the company received a letter of empanelment from the Maharashtra State Electricity Distribution Co. for 25000 standalone off–grid DC solar Photovoltaic water pumping systems. The total value of the order is Rs 753.30 crore, the company said in an exchange filing on Wednesday.
Stock Market Live Today: Hyundai Motors Shares Decline For Second Day
Shares of Hyundai Motor India Ltd. continued their downward trajectory for the second consecutive day on Thursday, as they fell by over 3%. The stock has been under pressure following a recent price hike announcement for its 2025 models and a negative rating from Bank of America (BofA), which placed the company under its "underperform" category.
Stock Market Today: Goldman Sachs On Container Corp
Goldman Sachs has maintained a "Sell" rating on Container Corp of India, with a revised target price of Rs 710, down from the previous target of Rs 851, indicating a potential downside of 16%. The firm believes that the company’s earnings may face further downside due to weak growth in rail traffic. Concerns about Container Corp market share persist amid increasing competition, and there are ongoing worries about potential earnings downgrades.
Despite the recent correction in the stock price, Goldman Sachs sees additional downside risks. They also note that Adani Ports and Special Economic Zone Ltd.'s dominant presence in the port sector could allow them to capture market share from incumbents like Container Corp of India. Furthermore, even after the correction, the stock is trading at 20.5x FY26 EV/EBITDA, which is above the long-term median multiple of 18.5x.
Stock Market Live Updates: Nifty IT Rises To Record High As Tech Mahindra, TCS Share Prices Lead
The NSE Nifty IT rose to record high of 45,803.40 on Thursday. Tech Mahindra Ltd. and Tata Consultancy Services Ltd. were top contributors to the index.
Stock Market Live Updates Today: Nifty, Sensex Open Flat; HDFC Bank, RIL Top Draggers
The NSE Nifty 50 and BSE Sensex opened on a muted note Thursday. HDFC Bank Ltd. and Reliance Industries Ltd. were top draggers. As of 09:19 a.m., the Nifty 50 was trading 5.25 points or 0.02% higher at 24,647.05, and the Sensex was trading 51.04 points or 0.06% higher at 81,577.18.
The Nifty 50 index has remained tightly range-bound, oscillating within a 300-point band over the past four sessions. However, given the volatility witnessed during the last weekly expiry, it's expected that the trend to persist as market participants adapt to SEBI’s revised expiry norms. Nifty is likely to trade within the range of 24,200 to 24,850, said IFA Global Research Academy in a quote.
Meanwhile, Bank Nifty underperformed in the previous session and appears to be taking a breather. We anticipate it to trade between 52,800 and 53,800, IFA Global Research Academy said.
HDFC Bank Ltd., Larsen & Toubro Ltd., Reliance Industries Ltd., Trent Ltd., and Tata Motors Ltd. weighed on the Nifty 50 index.
Tata Consultancy Services Ltd., ICICI Bank Ltd., Infosys Ltd., Tech Mahindra Ltd., and Hindalco Industries Ltd. added to the Nifty 50 index.
On NSE, five sectors advanced, six declined and one remained flat out of 12. The NSE Nifty IT rose the most, and the NSE Nifty Media declined the most.
Broader markets were trading on a muted note. The BSE Midcap was 0.07% higher, and the BSE Smallcap was 0.03% down.
On BSE, 13 sectors declined, eight sectors advanced out of 12. The BSE Focused IT rose the most, and the BSE Auto declined the most.
Market breadth was skewed in favour of buyers. Around 1,616 stocks advanced, 1,324 stocks declined, and 104 stocks remained unchanged on BSE.
Stock Market Today: Nifty, Sensex Lower At Pre–Open
At pre–open, the NSE Nifty 50 was trading 37.35 points or 0.15% down at 24,604.45, and the BSE Sensex was trading 0.06% or 49.38 points down at 81,476.76.
Yield On The 10-Year Bond Opens Flat
The yield on the 10-year bond opened flat at 6.72%. It closed at 6.71% on Wednesday, according to Bloomberg.
Rupee Opens Flat Against US Dollar
Rupee opened flat at 84.85 against the US dollar. It closed at 84.84 on Wednesday, according to data on Bloomberg.
Stock Market Today Live Updates: JP Morgan On India Cement Sector
Dealer checks state price hikes in North & East remain weak
Cement prices in West/ South up Rs 15-20/Rs 20-25 per bag
Most cement dealers caution on how price hikes should persist
Price hikes might role back if demand doesn't improve
Brokerage does expect cement prices to generally move up heron
JP Morgan's Top Cement Bets:
UltraTech Cement due to consolidation
ACC due to valuations, better price momentum in South
Stock Market Live: Jefferies On India Power
Top Picks: NTPC, JSW Energy, Power Grid
Nov 25 power demand up 4% YoY vs 2.3% decline in Aug- Oct'24
In eight months of financial year 2025 demand growth at 4% YoY, below brokerage's 7% estimate for FY25
Renewable auctions in FY25 till date remain upbeat
Expect data centre's and AI boom to boost power demand
Stock Market Today: Gopal Snacks Reports No Casualities In Their Gujarat Production Unit
Gopal Snacks Ltd. has reported that there were no casualties or injuries among personnel at their production unit in Gujarat following a fire incident. The company has filed an exchange notice regarding the matter.
Stock Market Live: Nomura On India Pharmaceuticals
IPM Monthly trends
IPM recorded 10.7% y-y growth in Nov 2024
Growth highest in 4 months, driven by low base.
Price increases (4-5%) drove growth
Volume growth remains slow due to competition from trade generics and private labels.
IPCA recorded 19% y-y growth,leading the market.
Sun Pharma, Alkem, DRRD, Zydus, and Glenmark outperformed
Cipla, Torrent, and Lupin lagged.
Stock Market Live Updates: Morgan Stanley On Steel
See green shoots for spreads expansion in 2025
Inventory de-stocking has started
Demand outlook to improve in coming months and normalizing imports
Maintain overweight on JSPL and JSW Steel
Maintain equalweight on Tata Steel
Maintain underweight on SAIL
Stock Market Today: Emkay Global Research On CEAT
Retain Buy and raise target price Rs 4,000, which implied a 27% upside
Conference call takeaways
Acquisition part of Cos focus on premium, off highway tyres, and exports
Mix of Off Highway Tyres/exports to rise to 25% each vs 15%/19-20% now
Double digit market share of Camso in US Europe to aid efforts
Mgmt expects synergies in channel and clients to lead to further market-share gains
After 3 years, other segments (Agri, power sports, harvesters) would potentially open up
Estimates are unchanged; value at 18x Dec-26E PE
Most Asian Stocks Rise As US CPI Meets Estimates
Most Asian stocks rose on Thursday, taking cues from overnight moves on Wall Street. The US CPI rose 0.3% in November in line with estimates, which affirmed the expectation of 25–basis–point rate cut by the US Federal Reserve.
The Nikkei 225 and KOSPI indices ended 1.52% and 0.56% higher, respectively. The S&P ASX 200 ended 0.17% down.
Most US Stocks End Higher Post CPI Data
Most US stocks ended higher on Wednesday as tech stocks rose after a benign CPI report, Bloomberg reported.
The S&P 500 and Nasdaq Composite indices ended 1.77% and 0.82% higher, respectively. The Dow Jones Industrial Average ended 0.22% down.
GIFT Nifty Above 24,700; Bharat Forge, Hyundai Motor, Vedanta Share Prices In Focus
The GIFT Nifty was trading above 24,700 in early trade on Thursday. Bharat Forge Ltd., Hyundai Motor India Ltd., Vedanta Ltd. share prices are likely to react in today's session.
The GIFT Nifty was trading 0.08% or 21 points lower at 24,745.50 as of 06:45 a.m.
The NSE Nifty 50 snapped its three-session fall and the BSE Sensex rose for the second consecutive day on Wednesday ahead of the US inflation data later in the day and from India a day later.
The Nifty ended 31.75 points or 0.13% higher at 24,641.8 and the Sensex closed 16.09 points or 0.02% up at 81,526.14.
RECOMMENDED FOR YOU
Stock Market Today: Sensex Ends Nearly 300 Points Lower, Nifty Slips 0.4% As Bank, Financial Stocks Weigh
Jul 02, 2025
Raymond Shares Jump For Third Session After Demerged Realty Arm Lists
Jul 01, 2025
Stock Market Highlights: Nifty, Sensex End In Red After Four Days Of Gains
Jun 30, 2025
Stock Market Today: Sensex Ends Over 680 Points Higher; Nifty Extends Gains On Strong Global Cues
Jun 25, 2025
POPULAR