๐ฎ๐ณ India Daybook ~ Stocks in News
Published: 2025-12-11 16:46 IST | Category: Markets | Author: Abhi
The Indian stock market witnessed a recovery on Thursday, December 11, 2025, with benchmark indices Sensex and Nifty closing higher, ending a three-day slide. This positive sentiment was primarily driven by the US Federal Reserve's decision to cut its key interest rate by 25 basis points, a move generally perceived as favorable for emerging markets. Despite the broader market gains, stock-specific news presented a varied landscape of positive developments, neutral movements, and some negative reports.
Positive Buzz
- Market Rally & Sectoral Gains: The BSE Sensex closed higher by 427 points (up 0.5%), while the NSE Nifty closed 140 points higher (up 0.5%). Broader markets also performed well, with the BSE MidCap index ending 0.7% higher and BSE SmallCap index ending 0.5% higher. All sectoral indices, barring oil & gas, traded positively, with IT and realty sectors witnessing significant buying. Nifty Auto and Nifty Metal indices specifically added 1.06% and 1.11% respectively.
- Shakti Pumps India: The company's shares were up 15% following a broader market recovery and a significant order win.
- Top Gainers: Among the Sensex constituents, Tata Steel, Eternal, Kotak Mahindra Bank, UltraTech Cement, Maruti Suzuki, Sun Pharma, and Tech Mahindra were notable gainers, rising up to 2.5%. Adani Enterprises also emerged as a top gainer.
- HSBC's Optimistic Outlook: HSBC Global Investment Research indicated that the worst of India's earnings downgrades is over and expects Indian equity markets to be strong in 2026, with a Sensex target of 94,000.
- Modi Naturals Limited: The company announced the listing of its equity shares on the National Stock Exchange (NSE) under the symbol MODINATUR, enhancing its visibility and access to a wider investor base.
- Cipla: The pharmaceutical company launched Tirzepatide for the treatment of obesity and Type-2 diabetes.
- Mazagon Dock: The company entered into a pact with the Indian Navy and Brazilian Navy for sharing information on the maintenance of Scorpรจne-class submarines.
- Meesho: The e-commerce company further invested โน2,890 crore in its subsidiary, Meesho Technologies, through a rights issue to strengthen operations and fuel growth.
- Prestige Estates: The company aims to scale annual sales to approximately โน1 lakh crore in the coming years, having added projects worth โน33,000 crore in the first half of FY26.
- Tata Steel: The board approved a 4.8 MTPA capacity expansion at Neelachal Ispat Nigam and signed an agreement to acquire a majority stake in Thriveni Pellets Pvt Ltd (TPPL) to strengthen its raw material supply chain.
- Bank of India: The bank successfully raised โน2,500 crore through the issue of Basel III-compliant Tier II Bonds, with the share price increasing by 1.944%.
- IT Majors and AI Adoption: Cognizant, Infosys, TCS, and Wipro partnered with Microsoft to accelerate the adoption of agentic AI, with each deploying over 50,000 Microsoft Copilot licenses, collectively surpassing 200,000 licenses.
- Spice Lounge Food Works: The stock hit a 5% upper circuit, contributing to a 795.89% return in one year.
- Apple Noida Opening: Apple opened its fifth store in India, Apple Noida, located in DLF Mall of India, offering its full lineup of products and services.
Neutral Developments
- Market Opening: Indian markets were initially expected to open positively following the Fed rate cut, but the GIFT Nifty indicated a flat to muted open.
- FII and DII Activity: Foreign Institutional Investors (FIIs) continued their selling streak, offloading equities worth โน1,651.06 crore on December 10, while Domestic Institutional Investors (DIIs) remained buyers, adding equities worth โน3,752.31 crore on the same day.
- Rupee Depreciation: The rupee depreciated against the US dollar, trading at โน89.9 and earlier plunging to an all-time low of โน90.48.
- US-India Trade Discussions: Optimism surrounded ongoing US-India trade discussions, with the US reportedly receiving "best" ever offers from India on a proposed trade agreement. However, concerns over delays in a meaningful trade deal were also noted.
- Emkay Global's Defensive Stance: Emkay Global advised investors to maintain a defensive position, recommending technology, pharmaceuticals, and private banking stocks due to market vulnerability and FPI outflows.
Negative News
- Top Losers: Asian Paints, Bharti Airtel, and Bajaj Finance were among the top losers in the market.
- InterGlobe Aviation (IndiGo): IndiGo revised its third-quarter fiscal year 2026 guidance due to operational disruptions, with capacity growth now expected in high single to early double digits, and passenger unit revenues anticipated to see mid-single digit moderation.
- LIC: Life Insurance Corporation of India (LIC) received a GST demand order of โน2,370 crore from the Mumbai tax body for FY22 to FY24, including interest and penalties.
- F&O Ban List: Bandhan Bank and Sammaan Capital were placed under the Futures & Options (F&O) trading ban by the NSE as their security crossed 95% of the market-wide position limit.
TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex
Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex