🇮🇳 India Daybook ~ Stocks in News

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 Scorpène-class submarines.
• Meesho: The e-commerce company further invested ₹2,890 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 ₹1 lakh crore in the coming years, having added projects worth ₹33,000 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 ₹2,500 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 ₹1,651.06 crore on December 10, while Domestic Institutional Investors (DIIs) remained buyers, adding equities worth ₹3,752.31 crore on the same day.
• Rupee Depreciation: The rupee depreciated against the US dollar, trading at ₹89.9 and earlier plunging to an all-time low of ₹90.48.
• 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 ₹2,370 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