KEY HIGHLIGHTS
Stock Market Live: Sigachi Shares Fall Over 10%
Sigachi shares fell over 10% after the MD/ CEO was remanded on investigation of fire incident.
Stock Market Today: Ceigall Shares In Focus
Ceigall shares rose over 5% on Monday after its arm received letter of award worth Rs 1,089 crore from Madhya Pradesh road development corporation.
The order is for Construction of Indore Ujjain Green field 4 lane and was to be completed in 24 months.
John Cockerill Shares In Focus After Ramesh Damani Buys Stake
The shares of John Cockerill rose over 5% on Monday after Ace Investor Ramesh Damani bought stake in the company.
Ramesh Damani bought 27,500 shares (0.55% stake) at Rs 4704.45 apiece.
John Cockerill Sa (Promoter) sold 1.95 lakh shares (3.96% stake).
Post stake sale promoter shareholding to reduce to 70.92% from 74.89% earlier.
Hindustan Copper Shares In Focus: Stock Rises 14%
The shares of Hindustan Copper were in focus on Monday after it rose over 14% on the pack of surge in Copper prices. The shares have gained for seventh consecutive trading session. Stock gains 50% in past one month.
Hindustan Zinc Shares In Focus: Stock Rises Over 3%
Hindustan Zinc rose over 3% on Monday amid silver rally. Stock is up 29% in past 1 month, while Silver prices up 48% in past 1 month
Why are the shares in focus?
Among Top 5 Silver producing mines
India’s only integrated and listed silver company
Silver contributes over 40% to profitability
Company guided for 680 metric tonnes of silver production in FY2026
Silver Price Today: Silver Crosses Rs 2.5 Lakh Per Kg On MCX
Silver prices are on a roll with the Silver MCX crossing Rs 2.5 lakh per KG mark on Tuesday. This is the sixth consecutive day of gains for the white metal.
Gains 24% in the last six trading sessions. The commodity will see 8th consecutive month of gains in December.
Rises by 149% over the last eight months.
Coforge Shares Fall Even After Key AI Acquisition
Shares of Coforge are falling on Monday's trade even after the company announced a major acquisition of US-based AI firm Encora for a total consideration of $2.25 billion.
The stock opened at Rs 1,711 but has since retreated to Rs 1,642 levels, accounting for fall of almost 2%. This comes despite a slew of positive brokerages notes in light of the company's acquisition of Encora.
Stock Market Live Updates: Most IT Stocks Decline
While the markets were trading in the green, Nifty IT saw minor decline. The fall was majorly led by Cyent and HCLTech.
Nifty, Sensex Live Today: Nifty Realty And Nifty Energy Lead Gains; Nifty IT Falls Most
On NSE, seven out of 15 sectors were in the green. Nifty Metal and Nifty Defence lead the advance, while Nifty Media and Nifty FMCG traded in red.
Broader markets were trading mixed, with the NSE Midcap 150 trading 0.07% higher and NSE Smallcap was trading 0.10% lower.
Nifty 50 Live Today: HDFC Bank, Tata Steel Add To The Index
HDFC Bank, Tata Steel, Hindalco, Kotak Mahindra Bank and BEL added to the Nifty 50 index.
RIL, Axis Bank, Bharti Airtel, ITC, Adani Ports weighed on the Nifty 50 index.
Stock Market Live Update: Nifty Opens Near 26,100, Sensex Up Over 100 Points
The NSE Nifty 50 and BSE Sensex opened mixed on Monday. The Nifty 50 opened 0.08% higher at 26,106.80 and Sensex opened 0.04% down at 85,004.75. However, minutes after open the markets rose with Nifty and Sensex rising as much as 0.25%.
Stock Market Live Update: Nifty, Sensex Flat At Pre-Open
At pre-open, the NSE Nifty 50 was trading 21.90 points or 0.08% higher at 26,063.35. The BSE Sensex was down 38.39 points at 85,003.06.
INR Vs Dollar: Rupee Opens Weaker
Rupee opens 4 paise weaker at 89.90 against US Dollar. It closed at 89.86 on Friday.
Silver Overtakes Nvidia: The $4.7 Trillion Market Cap Tussle Nobody Saw Coming
In a year dominated by AI stocks and tech titans, an old-world asset has quietly staged a modern comeback. Silver has surged past Nvidia to become the world’s third-largest asset by market capitalisation, trailing only gold and leaving behind some of the most valuable public companies on the planet.
After prices smashed through $84 an ounce, silver’s market capitalisation crossed $4.7 trillion, underscoring just how dramatic its rally has been. For context, this ranking includes all assets — public companies, precious metals, cryptocurrencies and ETFs.
Stock Market Live Updates: Shares Of Va Tech Wabag In Focus
The shares of Va Tech Wabag will be in focus on Monday after it receives an order worth $30-75 million from Saudi Authority. It also received a repeat order for 50 million litre per day water treatment plant in Saudi Arabia.
Shipbuilders' Stocks Mazagon Dock, Cochin Shipyard, GRSE In Focus After Govt's Rs 44,700 Crore Push
Shares of shipbuilding companies such as Mazagon Dock, Garden Reach Shipbuilders & Engineers and Cochin Shipyard will be in focus heading into trade on Monday after the government announced a massive push to boost domestic maritime industry.
The announcement came on Saturday from the Ministry of Ports, Shipping & Waterways (MoPSW), which will undertake two major shipbuilding initiatives - Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS).
Punjab National Bank Shares In Focus On Reporting Loan Fraud To RBI
Shares of Punjab National Bank Ltd. are going to be in focus in trade today. The PSU bank has reported a fraud of over Rs 2,000 crore to the Reserve Bank of India against the erstwhile promoters of two entities.
The case involves loan accounts of SREI Equipment Finance Ltd., linked to a fraud amounting to Rs 1,241 crore, and SREI Infrastructure Finance Ltd., with Rs 1,193 crore. The state-owned bank has fully provisioned for these outstanding amounts, as disclosed in its stock exchange filing.
Read more here.
Coforge Shares In Focus On Mega $2.35 Billion Encora Acquisition Plan
Coforge Ltd. shares are set to be in focus on Monday after the mid-tier IT services company announced its largest-ever acquisition — the purchase of US-based artificial intelligence and digital engineering firm Encora for an enterprise value of $2.35 billion, or around Rs 21,138 crore.
The deal will be funded entirely through a combination of a share swap and an equity raise, marking a bold strategic bet by Coforge to reposition itself as an AI-led technology services player rather than a traditional outsourcing firm.
Stock Picks Today: Coforge, Titan, Stylam Industries And More On Brokerages’ Radar
A host of global and domestic brokerages have released fresh views on Coforge Ltd., Titan Ltd., Stylam Industries Ltd., Welspun Living, and more ahead of Monday's session.
They have also shared their outlook on the textile, automobile and auto component sectors, alongside broader cross-sector trends.
Read more here.
Stock Market Live Updates: Silver Check
Silver retreated sharply after smashing through $80 an ounce for the first time, with traders taking profits from a record-breaking rally powered by a structural imbalance in supply and demand.
The white metal fell as much as 5% on Monday, after earlier spiking to a record $84 an ounce following five straight days of gains. A weaker dollar and escalating geopolitical tensions have added to the appeal of precious metals during an end-of-year jump to all-time highs for silver, gold and platinum.
Source: Bloomberg
Nifty Today: What F&O Cues Indicate
Nifty December futures down by 0.44% to 26,058 at a premium of 16 points.
Nifty December futures open interest down by 17.6%.
Nifty Options on Dec 30: Maximum Call open interest at 26,200 and Maximum Put open interest at 26,000.
Dollar Check
The US Dollar index is down 0.06% at 97.640.
Euro was up 0.10% at 1.1785.
Pound was up 0.07% at 1.3509.
Yen was down 0.19% at 156.28.
Stock Market News Live: Global Check
A broad measure of Asian equities edged up 0.2% in early trade, while US stock futures held steady after the S&P 500 closed just shy of a record high on Friday.
S&P 500 futures were little changed as of 9:32 a.m. Tokyo time
Japan’s Topix rose 0.1%
Australia’s S&P/ASX 200 fell 0.1%
Euro Stoxx 50 futures rose 0.3%
Stock Market Live Updates: GIFT Nifty Indicates Flat Open
Good morning readers.
The GIFT Nifty was trading near 26,100 early on Monday as Nifty likely to once again face the 26,200 hurdle.
The futures contract based on the benchmark Nifty 50 rose 0.11% at 26,102 as of 6:51 a.m. indicating a positive start for the Indian markets.
In the previous session on Friday, the benchmark ended lower. The NSE Nifty 50 ended 99.80 points or 0.38% lower at 26,042.30, while the BSE Sensex closed 367.25 points or 0.43% lower at 85,041.45.