On Wednesday, December 31, the final trading session of 2025, the Indian stock market benchmark indices — Sensex and Nifty 50 — were anticipated to open flat, reflecting thin trading volumes. Most Asian markets, such as Japan, South Korea, and Thailand, observed closures for New Year’s Eve.
Indian stock markets concluded the day almost flat on Tuesday, December 30, as investors exercised caution due to the lack of new domestic catalysts and in light of mixed signals from global markets. The Sensex concluded at 84,675.08, reflecting a decrease of 20 points or 0.02 percent, whereas the Nifty 50 experienced a decline of 3 points or 0.01 percent, finishing at 25,938.85. In the near term, the market is anticipated to stay within a defined range, as participants look for more definitive indicators from the US–India trade negotiations and the approaching Q3 earnings season.
Equities to monitor :
- Tata Steel, JSW Steel, Jindal Steel, SAIL – Shares of steel producers are set to attract attention following the government’s recent decision to impose a three-year import tariff of 11%-12% on certain steel products. This move is part of the government’s strategy to limit inexpensive imports from China, as reported, referencing an order from the Ministry of Finance. The levy, referred to locally as a safeguard duty, will be set at 12% for the first year, decreasing to 11.5% in the second year, and further to 11% in the third year, according to the report.
- InterGlobe Aviation shares are set to attract attention following the airline’s receipt of a GST penalty notice exceeding Rs 458 crore on Tuesday, December 30. The GST penalty notice amounting to Rs 45,826,169.80 has been issued for the financial years 2018-19 through FY23. “The GST department has issued an order imposing a demand for GST, including interest and penalties, on compensation received from a foreign supplier, along with a denial of input tax credit.” IndiGo stated in a regulatory filing, “The company strongly believes that the order passed by the GST department is erroneous and not in accordance with law, backed by advice from external tax advisors.” The major airline has indicated its intention to contest the order and pursue appropriate legal remedies in response to the aforementioned directive. “The company is already in appeal before the Commissioner in a similar matter for FY 2017-18,” is included.
- Orient Technologies shares are set to attract attention following the company’s announcement of the record date for its 1:10 bonus issue, scheduled for Tuesday, December 30. This comes a day after the shareholders of the IT infrastructure provider firm approved the issuance of bonus shares in the ratio of 1:10—meaning one new fully paid-up equity share of Rs 10 each for every 10 existing fully paid-up equity shares of Rs 10 each, ranking pari passu in all respects. “In this regard, we wish to inform you that the Company has fixed Monday, January 05, 2026, as the Record Date for the purpose of determining the eligibility of shareholders entitled to receive the Bonus Shares,” Orient Technologies stated in a regulatory filing.
- Bharat Forge shares are poised to attract investor attention following the company’s announcement of its largest small arms contract with the Ministry of Defence, valued at Rs 1,661.9 crore, on Tuesday, December 30. The defence ministry has granted Bharat Forge Limited a contract for the provision of 255,128 CQB carbines (5.56 x 45 mm) to the Indian Army. The transaction is set to be finalized within a five-year timeframe. The 5.56 x 45 mm CQB Carbine represents a compact firearm that has been indigenously designed, developed, and manufactured through a collaborative effort involving Armament Research & Development Establishment, DRDO, and Bharat Forge Ltd, Pune.
- IFCI has successfully monetised its 40% equity stake in North Eastern Development Finance Corporation Ltd, which consists of 1 crore equity shares purchased for Rs 10 crore, resulting in a total consideration of Rs 121.77 crore.
- NBCC has successfully completed the sale of 417 homes in Noida and Greater Noida, generating revenue of Rs 1,045.4 crore via e-auction. Following the directive of the Supreme Court, the Amrapali Stalled Projects Investments Reconstruction Establishment was established to facilitate the completion of the delayed projects of Amrapali via NBCC. NBCC has been tasked with finishing 38,000 flats and delivering them to the homebuyers. In a regulatory filing on Tuesday, the company disclosed the sale of 417 residential units at Aspire Leisure Valley in Greater Noida (W) and Aspire Silicon City, Ph-IV at Sec-76, Noida, UP, achieved through e-auction, with a total sale value of Rs 1,045.40 crore.
- Indian Oil announced the successful completion of its largest advance winter stocking operation, delivering over one lakh kilolitres of petroleum products to Ladakh in preparation for the annual winter shutdown. Annually, road access to Ladakh is obstructed from December to April as a result of significant snowfall at elevated mountain passes like Zojila and Rohtang. To guarantee a steady supply of fuel throughout this period, Indian Oil engages in proactive stocking ahead of the winter season, the company stated. The importance of these supplies cannot be overstated, as they serve both the needs of civilians and the strategic objectives of the Indian Army in the area.