๐ฎ๐ณ India Daybook ~ Stocks in News
Published: 2025-12-10 08:15 IST | Category: Markets | Author: Abhi
The Indian stock market is anticipated to open with a negative bias on Wednesday, December 10, 2025, as investors remain cautious ahead of the US Federal Reserve's policy outcome and mixed signals from global markets. On Tuesday, both the Sensex and Nifty 50 extended their losing streak for a second consecutive session, with the Sensex declining 0.51% and the Nifty 50 falling 0.47%. Despite the weakness in headline indices, the BSE Midcap index rose 0.60% and the Smallcap index surged 1.27%, indicating a strong performance in the broader market.
Positive Buzz
- Meesho is set to make its stock market debut today, December 10, after successfully raising Rs 5,421.20 crore through its initial public offering.
- Swiggy has launched a Qualified Institutional Placement (QIP) issue aiming to raise up to Rs 10,000 crore, with the floor price for the offering already approved.
- Tata Power announced the commissioning of the 400 kV KoteshwarโRishikesh transmission line, which will strengthen North India's grid by facilitating the evacuation of 1,000 MW of clean hydropower.
- GPT Infraprojects has been declared the lowest bidder for a new contract valued at Rs 199.17 crore from North Eastern Railway for the construction of two major bridges.
- Highway Infrastructure secured a new contract worth โน328.78 crore from the National Highways Authority of India (NHAI) for toll operations.
- HG Infra Engineering received a favorable assessment order, setting aside its GST show-cause notice for FY2022-23 with a NIL demand.
- Zydus Lifesciences' UAE-based subsidiary, Zydus Lifesciences Global FZE, has inked a licensing agreement for a biosimilar in the US and Canada.
- Solarworld Energy Solutions secured an order worth Rs 806 crore for the development of battery energy storage systems.
- Gujarat Pipavav Port continues to exhibit a higher-high formation, breaking out above its recent swing high with strong bullish participation.
- ESAB India has been highlighted as a top stock to consider for buying today.
Neutral Developments
- JSW Energy's board is scheduled to meet on December 12 to consider various options for raising funds via equity. The company also saw a 1% stake sale by GQG Partners through a block deal.
- HUDCO's Bond Allotment Committee is set to convene on December 12 to approve the issue and allotment of unsecured, taxable, redeemable, non-convertible, and non-cumulative debentures.
- The Rs 25,000 crore rights issue of Adani Enterprises will close for subscription today, December 10.
Negative News
- InterGlobe Aviation (IndiGo) faces a government order for a 10% curtailment of its operations due to nationwide disruptions. Additionally, the company has received a penalty of Rs 13.2 crore from Kuwait's tax authority, which IndiGo plans to legally contest.
- Power Finance Corporation (PFC) and Small Industries Development Bank of India (SIDBI) have reportedly scrapped bond issuances totaling Rs 11,500 crore due to hardening yields.
- Uncertainty in the market is further fueled by reports of potential new US tariffs on Indian rice and persistent FII outflows.
- The Indian rupee also experienced weakening, trading at Rs 90.15 against the US dollar in early trade.
TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex
Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex