On Friday, December 12, market benchmarks Sensex and Nifty 50 continued their upward trajectory for the second consecutive session, buoyed by positive global sentiment in the wake of a rate cut by the US Federal Reserve. The Sensex increased by 450 points, representing a 0.53% rise, closing at 85,267.66. Meanwhile, the Nifty 50 saw an uptick of 148 points, or 0.57%, finishing at 26,046.95. The broader markets exhibited positive performance, as evidenced by the BSE Midcap and Smallcap indices, which increased by 1.14% and 0.65%, respectively.
Markets continued their upward trajectory on Friday, increasing by more than 0.5% due to positive global indicators. Following a gap-up opening, the Nifty experienced initial volatility; however, consistent purchasing in major index constituents supported the benchmark, allowing it to finish close to the day’s peak at 26,046.95. All key sectors, except for FMCG, played a role in the upward movement, with metals, realty, and energy driving the gains. The broader indices exhibited a synchronized movement, increasing by almost 1% each, indicative of enhanced market breadth. The favorable trend was bolstered by international sentiment, especially the optimism arising from the Fed’s recent decision to cut rates, which enhanced risk appetite in the equity markets. Domestic flows continued to show strength, bolstered by consistent retail and mutual fund purchases, underpinned by stable macroeconomic indicators and enhanced liquidity conditions. “However, foreign flows were mixed due to currency volatility and ongoing discussions around US–India trade dynamics,” stated Ajit Mishra.
Equities to Monitor :
- Paytm disclosed that it has allocated an extra Rs 2,250 crore to its wholly owned subsidiary, Paytm Payments Services Ltd, through a rights issue, with the investment concluded on December 12, 2025.
- Wipro is enhancing its enduring partnership with Google Cloud to improve enterprise productivity and expedite digital transformation globally by adopting Gemini Enterprise.
- KEC International has secured new orders amounting to Rs 1,150 crore in its transmission & distribution and civil segments. The transmission and distribution division in India has achieved a significant milestone by obtaining its largest contract to date from a prominent private-sector client. This project encompasses a 765 kV transmission line and a 765/400 kV AIS substation, which will be implemented on a lump-sum turnkey (LSTK) basis.
- Tata Steel’s strategy to expand its capacity in India by nearly 50% is anticipated to enhance its standing in the rapidly growing domestic steel market, while also securing improved raw material access and facilitating its expansion into western India.
- SAIL has demonstrated a 14% year-on-year growth in sales, reaching 12.7 million tonnes for the April–November 2025 timeframe, even amid pricing pressures and variable demand conditions.
- Bharat Electronics has reported securing new orders totaling Rs 776 crore since its last update on November 14, 2025, reinforcing its order inflow momentum for the current year.
- Dr Reddy’s the USFDA has completed a GMP inspection and a Pre-Approval Inspection (PAI) at the company’s formulations facility (FTO-SEZ PU01) situated in Andhra Pradesh. The inspection occurred from December 4 to December 12, 2025.
- Biocon’s subsidiary, Biocon Biologics, has finalized a settlement and licensing agreement to globally market its biosimilar Aflibercept, expanding upon a previous agreement that was confined to the United States and Canada.
- Nestle India has appointed Nitu Bhushan, who served as the chief human resources officer at spirits company Pernod Ricard, as its new head of human resources.
- NLC India’s subsidiary, NLC India Renewables Ltd, has formed a joint venture with PTC India Ltd to develop green energy projects with a total capacity of up to 2,000 MW, to be implemented in phases. The collaboration is set to initiate with approximately 500 MW, consistent with the memorandum of understanding executed in September 2025.
- Insurance stocks are poised to attract attention following the Union Cabinet’s approval on Friday of a bill that increases foreign direct investment in the insurance sector to 100%. The bill is expected to be introduced during the current winter session of Parliament, scheduled to conclude on December 19. Sources indicates that the Insurance Laws (Amendment) Bill 2025 aims to deepen penetration, accelerate growth and development of the insurance sector, and enhance ease of doing business. This bill is among the 13 legislations scheduled for discussion in the upcoming session of Parliament.
- Ola Electric Shares are set to attract attention on Monday, December 15, following the EV manufacturer’s announcement on Sunday regarding the launch of Hyperdelivery. This service will provide same-day registration and delivery of its 4680 Bharat Cell-powered vehicles in Bangalore. This offering is a component of the company’s overarching Hyperservice initiative aimed at providing a transparent, convenient, and customer-centric service experience.
- Godrej Properties has achieved sales of housing properties amounting to Rs 2,600 crore in its inaugural year of operations in Hyderabad. The company is now poised to expand its business in the city, which presents significant growth opportunities, according to a senior official. In January this year, Godrej Properties made a strategic move by entering the Hyderabad housing market with the launch of its inaugural project at Kokapet. During an interview, Pirojsha Godrej, Executive Chairperson of Godrej Properties, emphasized that the company has achieved remarkable success in the Hyderabad market.
- IndiGo CEO Pieter Elbers presented himself before the DGCA panel investigating the operational disruptions for the second consecutive day on Friday. Meanwhile, the regulatory body dismissed four flight operations inspectors due to purported failures in overseeing the airline, which is now gradually stabilizing its operations. Following the announcement of a compensation package amounting to Rs 10,000 in travel vouchers for the impacted passengers, IndiGo stated on Friday that its current projections indicate that the total expenditure related to this will exceed Rs 500 crore. An external aviation expert has been appointed to conduct a root cause analysis of the significant flight disruptions. IndiGo announced that it will be conducting more than 2,000 flights on Friday in accordance with its updated “scaled-down” schedule.
- Godawari Power has revealed plans to increase the capacity of its Battery Energy Storage System (BESS) project from 10 GWh to 20 GWh in the initial phase, which is set to be established by its wholly owned subsidiary, Godawari New Energy Private Limited.
- Adani Green Energy – On Friday, SEBI cleared Pranav Adani, a director in multiple Adani Group companies and the nephew of billionaire Gautam Adani, of allegations regarding the sharing of price-sensitive information and violations of insider-trading regulations. In addition to Pranav Adani, Sebi has also cleared his two relatives of any allegations regarding violations of insider trading rules. The case focused on the question of whether Pranav Adani had revealed confidential information regarding Adani Green Energy’s intended acquisition of SB Energy prior to the public disclosure of that information. SEBI conducted an investigation into the trading activities of Adani Green Energy Ltd (AGEL) shares during the period from January 28 to August 20, 2021. Following an examination of an investigation report in November 2023, the regulator concluded that potential violations of insider-trading regulations may have occurred and subsequently commenced proceedings against three individuals – Pranav Adani, Kunal Dhanpalbhai Shah, and Nrupal Dhanpalbhai Shah.
- IRFC is on track to surpass Rs 60,000 crore in loan sanctions by the conclusion of the third quarter, as stated by the Chairman and Managing Director Manoj Kumar Dubey on Friday. During the 40th Foundation Day, Dubey articulated the long-term strategic vision for the Navratna CPSE, emphasizing that this milestone reflects the organization’s robust fundamentals, disciplined financial structure, and revitalized strategic focus, thereby establishing the framework for the next phase of the company’s growth narrative. He further emphasized that the organization is poised to surpass its internal business targets for the year.
- PNB Housing Finance announced that its board has sanctioned the appointment of Ajai Kumar Shukla as the Managing Director and Chief Executive Officer. PNB Housing Finance stated in a regulatory filing that the appointment will take effect from December 18, 2025, for a duration of five years, pending shareholder approval. Shukla holds the position of Chief Business Officer at Tata Capital Housing Finance. Before joining Tata Capital, he spent over seven years at ICICI Bank in the mortgage sector, holding multiple positions, it stated.
- GPT Infraprojects announced that RPS-GPT (JV) has achieved L1 status (First Lowest) in a contract worth ? 1,739.49 crore. The directive pertains to the development of a flyover along LBS Marg, extending from Kalpana Talkies in Kurla (L ward) to Pankhe Shah Dargah in Ghatkopar West (N ward), situated in the Eastern Suburbs. “This contract is in joint venture wherein our share is 26%, i.e., Rs 452.27 crore out of the total Rs 1,739.49 crore,” the company stated.
- SJVN announced that its wholly owned subsidiary, SJVN Green Energy Limited (SGEL), successfully commenced commercial operations of 100.56 MW of the 1,000 MW Bikaner Solar Power Project on December 12, 2025. The project has successfully reached a total cumulative commissioned capacity of 830.70 MW out of a target of 1,000 MW as of the current date, with the remaining capacity anticipated to be commissioned in the near future.
- Ashoka Buildcon, through its joint venture with Aakshya, where it maintains a 51% stake as the lead member, has submitted a bid for the “Construction of a flyover connecting J.J. Bridge and Sitraram Selam Bridge (Y Bridge) at J.J. Road and Saboo Siddik Polytechnic Road Junction in ‘E’ Ward.” The company has now received a Letter of Acceptance-cum-Work Order for this project. The bid price that has been accepted stands at Rs 1,041.44 crore, inclusive of GST.