🇮🇳 India Daybook ~ Stocks in News

Positive Buzz

• Overall Market Performance: Indian equity benchmarks, Sensex and Nifty, concluded December 11, 2025, with substantial gains, recovering from a three-day losing streak. The Sensex closed 427 points (0.5%) higher at 84,818.13, and the Nifty rose 140 points (0.5%) to 25,898.55, buoyed by the US Federal Reserve's 25 basis point interest rate cut.
• Shakti Pumps India: The company's stock saw a notable increase of 15% during the trading session.
• Tata Steel: The board approved a 4.8 MTPA capacity expansion at Neelachal Ispat Nigam (NINL) and a 0.7 MTPA Hot Rolled Pickling and Galvanizing Line at its Tarapur, Maharashtra complex. Additionally, Tata Steel sanctioned the acquisition of a 50.01% stake in Thriveni Pellets Pvt Ltd. The stock was among the top gainers.
• Prestige Estates: Subsidiaries Prestige Falcon Realty and Prestige Projects acquired a partnership interest valued at Rs 9.4 billion in Bharatnagar Buildcon LLP, leading to an indirect ownership of 66.93%. The company also targets scaling annual sales to approximately Rs 1 lakh crore in the coming years.
• Tejas Networks: The company emerged as the largest supplier for BharatNet Phase-III, securing IP routing equipment purchase contracts for 7 out of 12 awarded packages.
• Vedanta Group: Announced plans for a Rs 1,000 billion investment in Rajasthan to double its production capacities for zinc, lead, silver, oil and gas, and renewable energy.
• Tata Consultancy Services (TCS): Acquired US-headquartered Coastal Cloud for $700 million, significantly enhancing its Salesforce and AI-led transformation capabilities. TCS also recorded the largest increase in market worth among the top 10 companies last week.
• Adani Enterprises: Successfully closed its Rs 25,000-crore rights issue with a 108% oversubscription. The broader Adani Group also unveiled plans to invest up to Rs 12 lakh crore in India over the next six years across various sectors.
• Bank of Baroda & State Bank of India (SBI): Both public sector banks received approval from the RBI to establish a Section 8 Company for a Digital Payments Intelligence Platform.
• Cipla: Launched Yurpeak (tirzepatide) in India, a once-weekly injectable for obesity and type 2 diabetes, marking it as the second branded version of tirzepatide available in the country.
• Lloyds Metal and Energy: Its subsidiary, Lloyds Global Resources FZCO, secured board approval to acquire a 50% equity stake in Nexus Holdco FZCO for up to $55 million.
• Petronet LNG: Signed a secured term loan agreement worth ₹12,000 crore with SBI and Bank of Baroda.
• KEI Industries: Initiated commercial production of LT and HT cables at its new Sanand-II plant in Ahmedabad.
• Chalet Hotels: Appointed Shwetank Singh as its new Chief Financial Officer.

Neutral Developments

• Market Outlook: Despite the positive closing, some analysts anticipated cautious trading and potential consolidation for the Indian markets following the Fed rate cut, citing factors like persistent FII outflows and trade uncertainties.
• Steel City Securities: Shares of the company were scheduled to trade ex-dividend on December 11, 2025.
• Bandhan Bank and Sammaan Capital: Both remained on the Futures and Options (F&O) ban list for the day.
• Nestlé India: CFO Svetlana Boldina announced her decision to step down on January 31, 2026, to take on a global assignment.
• LIC: Faced a tax demand, though the specific details and impact were not elaborated upon in the available news.

Negative News

• Top Losers: Several prominent stocks concluded the day with losses. These included Asian Paints, Bharti Airtel, Bajaj Finance, Axis Bank, Power Grid, ICICI Bank, and Titan.
• Eternal Ltd: Despite some conflicting reports, explicit mentions indicated that Eternal Ltd was a top loser, declining by 2.69%.
• Sectoral Declines: The Nifty Media index was the largest sectoral loser, experiencing a 0.9% slip. The Nifty Oil and Gas index also closed marginally lower by 0.03%.
• Kaynes Technology Shares: The company's shares have seen a significant decline of 42% in 2025, indicating ongoing negative sentiment for the stock.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex