24/12/2025
News & Impact
Focus –.US market closed record high after 2-year Q3 GDP. Global market closed yesterday due to Christmas holiday. Partially shut US market. Gift Nifty is up 0.1%. Gold and Silver price record high. Buy this - GMR Airports, Granules, Paytm, Lenskart, Hindustan Zinc. Record high Silver price. Copper price nearly all time high. RBI announce 2 lakh cr OMO. Tata Motor announce price hike
Market outlook Today –. The market is expected to open on a positive note, supported by a rally in global markets following better-than-expected US Q3 GDP data. The US economy grew at 4.3%, a two-year high, surpassing market expectations of 3.3%, which helped boost overall investor sentiment. The US S&P 500 Index rose 0.5% to close at a record high, while Gift Nifty is trading 0.1% higher, indicating a mildly positive start for domestic equities. However, the Christmas holiday period may keep the domestic equity market range-bound due to subdued institutional participation. Both US and UK markets will operate for a half-day today, while most global markets will remain closed tomorrow. European and US markets have closed at record highs, outperforming domestic markets. On a year-to-date basis, Japanese, US, and UK indices have gained 20–30%, compared to a 10% rise in the Nifty. From an investment perspective, current market levels present attractive entry opportunities for long-term investors targeting 2026. This outlook is supported by better-than-expected Q2 corporate earnings, domestic GDP growth exceeding 7%, and inflation easing below 3%. Additionally, supportive government economic policies, stable crude oil prices, and strong auto sales reflect robust growth momentum in the domestic economy.
Sector-wise outlook:
Focus on AUTO stocks – Expect positive for auto after the news that Tata Motor to hike price between 1-2%.
Focus on banking stocks – Expect positive for banks after RBI announces Rs 2 lakh crore OMO, $10 bn USD/INR swap to inject liquidity
Focus on metal stocks – Expect positive for metal stocks after US GDP data reported 2-year and hope of rate cut by US Fed. as stronger Asia-Pacific GDP forecasts and rate cut optimism by US Fed
Focus on Cement Stocks – Expect positive for Cement stocks due to robust demand driven by strong performance across India's eight core infrastructure industries. This resulted in cement production growth of 14.5% in November 2025, the fastest among all core sectors.
Focus on Rail Stocks – Expect Positive for Rail stocks after Railways hikes passenger fares for 2nd time in FY26;
Focus on metal stocks – expect positive for precious metal stocks due to surging precious metal price like Silver, Copper price to record high.
Focus on Sugar stocks – Expect positive for sugar stocks due to sugar price surging to 1-month high.
Today Asian Market Trend - Asian stocks rose at the open after Wall Street shares rallied to a record after Q3 data showed the US economy grew at its fastest pace in two years.
US market Update ¬– US market closed on a record high after Q3 GDP data reported better than GDP data. The U.S. economy grew at a 4.3% annual rate in Q3, its fastest pace in two years, The S&P 500 rose 0.5% for a fourth consecutive session and notched a new high while Nasdaq Composite advance 0.5% led by tech stocks.
European Market – European stocks hit another record, while Novo Nordisk A/S rallied as it won approval to sell a pill version of its blockbuster obesity shot Wegovy in the US.
Gold – Gold rose 1% to a record, pushing above $4,500 an ounce for the first time, on escalating tensions in Venezuela and expectations for more US rate cuts next year
Brent Crude -. Brent Crude surged 1% to above $62/bbl as traders weighed escalating geopolitical tensions against swelling inventories.
Previous Day Market Summary – Equity benchmark Nifty ended on a flat note a choppy trading environment ahead of the Christmas holiday, closing above the 26,150 mark. Market activity reflected a positive undertone, with buying interest shifting toward mid- and small-cap stocks, supported by a stable USD-INR, better-than-expected growth in domestic core sector data for November, and strength in global markets. Railway, metal, and cement stocks emerged as the key gainers of the day. The Nifty closed flat at 26,177 compared with the previous session’s close. The Nifty 500 advance-decline ratio stood at 2.5:1.5, highlighting continued momentum in mid- and small-cap segments. FIIs were net sellers Rs1794cr while DIIs were net buyers Rs3812cr
Nifty Technical level – Nifty formed a doji sort of a candle on the daily frame and has been making higher highs – higher lows from the last three sessions. Now it has to continue to hold above 26150 zones for an up move towards 26250 then 26325 zones while supports can be seen at 26050 then 25950 zones.
Bank Nifty Technical Level – Bank Nifty formed a small bodied candle on daily scale as buying is visible at lower levels but momentum is missing at higher zones. Now it has to hold above 59250 zones for a bounce towards 59500 then 59750 zones while on the downside support is seen at 59000 then 58750 levels.
Brokers Radar – Investec TGT on Canara HSBC Life at 225. Nomura on Samvardhana Motherson at 125. Bank of America TGT on Varun Beverage at 550. CLSA TGT on Ambuja Cement at 680. Morgan Stanley TGT on Ambuja Cement at 650. CLSA TGT on ACC at 2035.
Global Data – US – MBA Mortgage Applications, Initial Jobless Claims, Japan – PPI
Actionable Buy – GMR Airports, Granules, Paytm, Lenskart, Hindustan Zinc
Events – Cabinet meeting at 11am. RBI to inject $32 billion via fresh bond buys, swap. RBI announces details of Dec. 29 bond purchases via OMO.
Market Summary – Lenskart to invest ₹45 Cr to scale its eyewear production in Thailand. Biocon secures Full Global Rights to Biosimilar Adalimumab through Expanded FKB In-Licensing Agreement. IDBI Bank Stake Sale: Govt Set To Invite Financial Bids In Mid-January
IDBI Bank - The Centre's plan to disinvest a major portion of its stake in IDBI Bank is on track, with financial bids expected to be received in mid-January. The Centre and the Life Insurance Corporation of India will jointly sell 60.7% stake in the lender. - Positive
Zen Technologies – Company granted a patent for its 60 mm Mortar Simulator. This marks a major
milestone in the company’s innovation journey, bringing its total to 57 Indian patents and 85 patents globally, including the 8th patent granted in 2025. – Positive
Puravankara – Company has acquired a 53.5-acre land parcel in Bengaluru, India, for an undisclosed amount to develop a residential project. The newly acquired land parcel has a saleable area of 6.4 million square feet (msft), with a potential gross development value (GDV) of over Rs4800cr – Positive
Lenskart - Company has announced a strategic overseas expansion through its wholly owned subsidiary, which will invest approximately Rs. 44.8 Crores to acquire a 50% stake in Marco Optical (Thailand) Co., Ltd., thereby converting the company into a 50:50 joint venture with existing investor Matt Optical.- positive
Wasree Tranpower – Company secured a ₹100 crore order to supply 1.27 GW of transformers, highlighting Waaree Group's growing focus on the energy infrastructure sector - positive
GAIL India – Company has signed a non-binding MoU with the Chhattisgarh government to develop a greenfield gas-based fertilizer project. - positive
Biocon – Company has secured full and exclusive global rights for Hulio®️ (biosimilar Adalimumab) from Fujifilm Kyowa Kirin Biologics Co., Ltd. (FKB). Under this new agreement, Biocon Biologics will assume end-to-end responsibility for manufacturing and commercialization along with rights for any additional development activities. – Positive
Vikran Engineering: The company received a Rs 2,035 crore order from Onix renewables for EPC works for solar plant development. – positive
ITC: An ITC spokesperson told NDTV Profit that the company has not increased cigarette MRPs, and therefore there is no scope for traders to raise prices.- long term positive
Bank of India: The bank issued long-term bonds to raise funds worth Rs 10,000 crore. The issue includes a base of Rs 5,000 crore and green shoe option of Rs 5,000 crore on private placement basis. – positive
Arisinfra Solutions: The company received an asphalt order worth Rs 35 crore from Goswami Infra Projects. – positive
Laurus Labs: The company made an investment of Rs 49 crore in JV KRKA pharma to acquire 4.9 crore shares. – positive
Ultramarine & Pigments: Thirumalai Chemicals allotted 15.2 lakh shares at Rs 296 per share on preferential basis (CMP 420).
Bliss GVS Pharma: Board appointed SN Kamath as a Managing Director for three years. Alert: SN Kamath is current CEO of the company. – positive
Punjab & Sind Bank: The board will meet shareholders on Dec. 21 for approval of Rs 3,000 crore QIP. – positive
Coal India: The board gave in principal approval for listing of arm South Eastern Coalfields. – positive
Ajanta Pharma: Signed a licensing agreement with Biocon for the marketing of Semaglutide in 26 countries. – positive
JD Cables: Received an EPC infrastructure contract valued at Rs 244 crore. – positive
Ceat: The company approved the proposal for incorporation of a wholly owned arm in the UK. – positive
Surana Telecom: Received a letter of award worth Rs 175 crore for development of 51.3 MW solar power plant. – positive
SJS Enterprises: The company signed technology license cm supply agreement with Hong Kong-based OE Varitronix and also signed a pact for optical bonding and assembly of Automotive display systems in India. – positive
Amic Forging: Board allotted 2.6 lakh shares at Rs 1,536 per share worth Rs 40 crore on preferential basis to non-promoters. – positive
Gujarat Narmada: The company awarded an order worth around Rs 360 crore order to Toyo engineering India to supply ammonium nitrate -II plant. – positive
GPT Infra: The company received a Rs 199 crore order from Northeastern Railway for construction work. – positive
Emcure Pharma: Gujarat Unit received EIR report from US FDA with No Action Indicated Status. – positive
Uno Minda: Restated Joint Venture pact executed between company and Toyoda Gosei Co. – positive
Satin Creditcare: Board approved the additional investment worth Rs 25 crore in arm Satin Technologies. – positive
IIFL Capital Services: The company received certificate of registration from IRDAI to act as a corporate agent. – positive
Zydus Life: The company arm in pact with Bioeq AG for U.S. Commercialisation rights for NUFYMCO an Interchangeable Biosimilar to Lucentis. NUFYMCO BLA has been approved by the USFDA. – positive
Monte Carlo: Received multiple letters of award worth Rs 147 crore for solar PV based power plants. – positive
Adani Ports: The company completed the acquisition of North Queensland export terminal in Australia. With NQXT's acquisition, the company is on track to achieve 1 billion tonne cargo volume by 2030. – positive
Nibe: Approved Raising Funds Worth Nearly `250 Cr on preferential basis to proposed allottees. – positive
Fortis Health: A civil suit filed by the company against a third party and others was decided in the company’s favour. – Any decline will buying opportunity
NTPC: Board approved the formation of JV company with EDF power solutions India to develop pumped storage plants. – positive
Rites - REMCL JV with Rits - awarded a long-term O&M contract to POWERCON for its 26 MW wind project in Rajasthan as the asset enters its second operational phase. - positive
HCC – Company announced that its Rights Issue was subscribed 200%, with applications aggregating to ₹2008 crore against an Issue size of ₹999.99 crore – Avoid due to weak fundamental
Union Bank of India - Company has reduced interest rates on select retail loan products – home loans, vehicle loans and personal loans – by 30 basis points (bps) to 160 bps in view of easing monetary conditions during the year – positive
Saatvik Green Energy - Company has received an order worth Rs 486 crore from a renowned independent power producer/EPC player for the supply of solar PV modules. – Positive
Canara Bank - The Financial Services Institutions Bureau (FSIB) has recommended Brajesh Kumar Singh for the post of Managing Director and Chief Executive Officer (MD & CEO) of Bengaluru-based Canara Bank. – Positive
Aurobindo Pharma – Company said that acquisition of additional 20% stake in Luoxin Aurovitas Pharma (Chengdu) Co. Ltd, China, a joint venture company. - positive
Dev Information Technology – Company has secured a significant work order issued from esteem office of Knowledge Consortium of Gujarat (KCG) worth Rs 6.97 cr - positive
L&T – Company’s Hydrocarbon Onshore business vertical (L&T Onshore) has won a major order (worth Rs 5,000-10,000 cr) from BPCL – Positive
Tamilnad Mercantile Bank – Company partners with Rugr FinTech to accelerate UPI collection through hosted UPI Switch Tech Fini and TMB partners with Fin Meadows Technologies Pvt – positive
Coal India’ subsidiary IPO buzz - PSU stock Coal India share price rose almost 4% in intra-day deals back of reports that Coal India arm, Bharat Coking Coal Limited (BCCL) is gearing up to launch its initial public offering (IPO) soon. As per media reports, the issue could hit the market within the next two weeks. – Positive
Vikran Engineering - The company has announced the cancellation of a Letter of Award worth Rs 1,642 crore received from Carbonminus Maharashtra One. – Positive
Granules India’ - Board approved raising funds through issuance of up to 25 million convertible warrants to founders and investors at Rs585 each (CMP 600) for a total of up to Rs1463cr. Company also funds through issuance of up to 5.13 million shares at Rs585 each, aggregating up to Rs300cr – Positive
Belrise Industries - The company has entered into an exclusive Teaming and Strategic Agreement with Plasan SASA, Israel, for technical and business cooperation. – Positive
Ceigall India – Company has emerged as L1 Bidder in the financial bid by Madhya Pradesh Urja Vikas Nigam (MPUVNL) for Solar PV based Power Plants worth Rs550cr – Positive
LT Foods - Company plans to invest around Rs6cr to set up a manufacturing unit for regional rice in the Indian state of Karnataka. The proposed unit will have an initial estimated production capacity of 30,000 metric tons per annum to strengthen its regional rice portfolio – Positive
IRB Infrastructure – Company has emerged as the preferred bidder for an NHAI road project in Odisha with a bid value of ₹3,087 crore (INR 30.9 billion). This is a separate project from the larger ₹9,270 crore Uttar Pradesh (UP) project the company was recently awarded. – Positive
Radico Khaitan – Company launched The Kohinoor Reserve Indian Dark Rum, a premium spirit distilled from fresh cane juice, aged in American Oak, Cognac XO, and Vermouth casks, unveiled in April 2024 at an international spirits summit and now rolling out in India and globally, marking a luxury addition to the growing Indian craft rum market. – Positive
Rites – Company has won a $35.2 million (approximately ₹293.4 crore) contract to supply diesel-electric locomotives to South Africa – Positive
Glenmark Pharma – Company’s US unit introduces Epinephrine Injection. Epinephrine injection (also known as adrenaline) is a potentially life-saving emergency medication primarily used to treat severe allergic reactions (anaphylaxis) – Positive
Shakti Pumps – Company receives letter of empowerment from Maharashtra state electricity distribution company for 12883 off grid DC solar pumpimg systems worth of Rs 357cr – Positive
Soma Papers & Industries(BSE) – Company’s unit gets project worth of Rs 173cr – Positive
Best Regards,
