The Indian stock market concluded the trading session almost flat for the second day in a row on Monday, December 1. The Sensex experienced a decline of 65 points, equivalent to 0.08%, closing at 85,641.90. Meanwhile, the Nifty 50 concluded at 26,175.75, down by 27 points, or 0.10%. In the prior session, the Nifty 50 experienced a decline of 0.05%, while the Sensex saw a slight decrease of 0.02%. This subdued close occurred in the face of strong Q2 GDP growth of 8.2%, marking the highest rate in six quarters. Prominent banking and financial entities like HDFC Bank, Bajaj Finance, and SBI significantly impacted the benchmark indices negatively.
“Markets remained in a state of consolidation and concluded the day nearly flat, hovering close to record-high levels.” On the benchmark front, the Nifty 50 opened strongly around 26,325—establishing a new lifetime high amid positive sentiment—but faced intraday fluctuations before closing near 26,175, down 0.10%. Sectoral trends exhibited a mixed performance, as auto, metal, and IT sectors showed upward movement, whereas realty and pharma ended the day in negative territory. The broader indices tracked closely with the benchmark; however, the market breadth suggested a fundamental weakness beneath the surface. Sentiment was bolstered by robust GDP data, highlighting India’s economic momentum, along with favorable global indicators—especially from US markets—and consistent DII purchasing that mitigated FII outflows. “Robust wholesale auto numbers and renewed optimism around rate cuts amid moderating inflation also aided the mood, even as caution persisted ahead of the RBI policy and key US data releases,” stated Ajit Mishra.
Equities to Monitor :
- Bajaj Housing Finance announced that its promoter, Bajaj Finance, plans to divest up to 2% of its stake through open-market sales in order to meet the minimum public shareholding requirements.
- Ambuja Cements has successfully initiated a 4 MTPA brownfield clinker expansion at its Bhatapara facility located in Chhattisgarh. The recent addition is now operational, resulting in a total consolidated clinker capacity of 66 MTPA.
- Hindustan Unilever has appointed Vandana Suri as the executive director for home care, effective January 1, 2026.
- Indian Hotels has disclosed that its subsidiary, Roots Corporation Ltd, has acquired a 51% stake in Pride Hospitality and ANK Hotels through separate transactions, involving investments of Rs 81.2 crore and Rs 109.3 crore, respectively.
- Bharat Dynamics has disclosed that it has secured additional orders amounting to Rs 2,461.62 crore following its update on November 13. The recent acquisitions include anti-tank guided missiles and surface-to-air missiles obtained through emergency procurement measures.
- Hyundai Motor India reported total sales of 66,840 units in November 2025, reflecting a 9.1% increase compared to the previous year, driven by consistent demand for SUVs and strong export performance. The company continues to hold its position as the second-largest car manufacturer in the country by volume.
- NMDC’s iron ore production for November increased by 11% year-on-year, reaching 5.01 mt, while sales experienced a growth of 4.3%, totaling 4.17 mt.
- Afcons Infrastructure disclosed on Monday that its marine and industrial division secured EPC orders totaling Rs 884 crore in November.
- Tata Motors‘ most recent passenger vehicle sales figures indicate a 26% year-on-year growth, reaching 59,199 units in November, while domestic PV sales have risen by approximately 22%.
- Aditya Birla Capital has initiated a Rs 300 crore investment via a rights issue in its fully owned subsidiary, Aditya Birla Housing Finance Ltd.
- Reliance Industries has finalized the merger of Star Television Productions Ltd (STPL), a subsidiary of the company, with Jiostar, as per regulatory updates. On November 14, 2024, Reliance communicated details regarding the scheme of arrangement for the merger of STPL with Star India, which is currently referred to as Jiostar India, a subsidiary of the company. “Jiostar has, on November 30, 2025 at 6:09 pm, communicated to the Company that the aforementioned scheme has taken effect from November 30, 2025, resulting in the merger of STPL with Jiostar,” Reliance Industries Ltd stated in a regulatory filing.
- Hero MotoCorp on Monday announced a 31 percent year-on-year rise in total sales, reaching 604,490 units in November. The two-wheeler manufacturer recorded sales of 4,59,805 units during the corresponding month of the previous year. Hero MotoCorp reported that domestic sales reached 5,70,520 units last month, an increase from 4,39,777 units during the same period last year, according to a regulatory filing.
- NTPC Ltd has officially announced the transfer of the Kerandari Coal Mine to its wholly-owned subsidiary, NTPC Mining Ltd (NML), as part of a strategic agreement. On October 1, NTPC executed the transfer of Chatti Bariatu Coal Mine and Badam Coal Mine, situated in Jharkhand, to NML, in accordance with the revised Business Transfer Agreement (BTA) dated September 17. In an exchange filing, NTPC announced that the Kerandari Coal Mine, situated in the North Karanpura Coalfields of Hazaribagh, Jharkhand, has been officially transferred to NML, effective December 1.
- Jindal Stainless – In an effort to combat counterfeiting within the supply chain, Jindal Stainless, a manufacturer of stainless steel, has initiated a program enabling retailers and fabricators to authenticate product legitimacy, as stated by the company. “Counterfeit materials not only erode consumer trust, but they also compromise the sector’s credibility and hinder the nation’s development. JSL Saathi Pragati is another step in our commitment to empower fabricators and retailers,” stated Abhyuday Jindal.
- Bank of Maharashtra Investors should closely monitor shares as the government plans to divest up to a 6% stake in the state-owned bank via an offer for sale (OFS) starting on Tuesday. At the prevailing market price, the government stands to raise approximately Rs 2,600 crore by divesting up to a 6% stake in the bank. “The Offer for Sale in Bank of Maharashtra (BOM) is set to commence tomorrow for non-retail investors.” On Wednesday, retail investors will have the opportunity to place their bids. “The government offers to disinvest 5% equity in the bank with an additional 1% as a green shoe option,” stated Arunish Chawla.
- Tilaknagar Industries announced on Monday that it has finalized the acquisition of the Imperial Blue business division from Pernod Ricard India (PRI), a subsidiary of the French spirits giant, through a slump sale for a total consideration of Rs 3,442 crore. The lump sum consideration paid to PRI is subject to post-closing adjustments as outlined in the Business Transfer Agreement, as stated by Tilaknagar Industries Ltd (TIL), which owns brands including Mansion House Brandy, Courrier Napoleon Brandy, Mansion House Gold Whisky, and Blue Lagoon Gin. “In addition to this amount, a deferred payment of €28 million will be made after four years from the date of closure of the transaction,” it stated.