Stock Market Live: Nifty Above 26,000, Sensex Down Over 200 Points; HDFC Bank, M&M, Bharti Airtel Drag

Despite being heavily bullish on Indian markets heading into 2026, Vikas Khemani believes investors should exercise caution when investing in IPOs and the renewable space.

Speaking to NDTV Profit, the Carnelian Asset Management and Advisors CIO and Co-Founder explained that the quality of IPOs have gone down significantly in recent years, while regulation changes don't quite inspire hope for renewables.

India's trade deficit narrowed in November, driven by higher exports and dip in exports. The combined trade deficit was $24.53 billion last month, compared to $31.92 billion in the same period last year, as per data released by the government on Monday.

As the year draws to a close and investors begin to pencil in their 2026 watchlists, attention is shifting from what worked to what could lead next. With valuations resetting and growth themes re-emerging, a clutch of names is catching analysts’ attention as potential outperformers in the coming year.

Check the list here.

• Nifty and Sensex see a rebound as the indices have risen over 100 points from day’s low.

• Nifty FMCG and IT indices lead the recovery.

• Action Construction and Aarti Industries among top gainers in Nifty Smallcap.

• AIA Engineering and Dixon Technologies among top gainers in Midcap, gains over 2.5% in trade.

Bharat Rasayan Ltd. said on Monday that that the Bonus Issue Committee of the Board of Directors authorised the allotment of 8,310,536 fully paid-up bonus equity shares.

The company had previously announced a 1:1 bonus share issue, effectively doubling its paid-up share capital following a committee meeting on Monday.