Stock Market Close: Sensex ends 116 pts lower; Nifty at 26,142; Oil & Gas, IT, pharma top losers

Sensex Today | Stock Market Close Highlights: On BSE, Trent, UltraTech Cement and Maruti were top gainers. On the flipside, Tata Motors PV , Sun Pharma and Asian Paints were the top drags.

3:45 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty ended the session with a mild negative bias, reinforcing a cautious near-term technical structure after yet another failure to sustain above the critical 26,180–26,200 supply zone. Persistent rejection from this band confirms it as a strong demand-turned-resistance area. Selling pressure intensified in the latter half of the day, with price action forming a clear sequence of lower highs and lower lows signalling continued distribution and waning momentum. 

 

The index gravitated toward the 26,100-26,130 support zone, where some buying interest emerged, but it lacked the strength to trigger a meaningful rebound. A close near the day’s lows reflects sustained seller control and fragile sentiment. Unless the Nifty decisively reclaims the 26,200 level, the short-term outlook remains cautious, with downside risks extending toward 26,100 and lower. A sustained move above resistance is essential to restore near-term confidence.

 

View by Ponmudi R, chief executive officer of Enrich Money

3:44 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Indian equities moved largely sideways in a holiday-shortened week, with trading volumes remaining subdued as the year draws to a close, a trend mirrored across broader Asian markets. The RBI’s recently announced liquidity initiatives, including OMOs and a USD/INR buy–sell swap, are expected to improve systemic liquidity and help stabilise currency volatility.

 

On the global front, stronger-than-expected US GDP data points to economic resilience, although rising unemployment has tempered optimism. Gold extended its rally on a softer dollar and elevated geopolitical risks, supported by increasing expectations of continued Fed policy easing. Meanwhile, Brent crude hovered near multi-year lows, reinforcing a benign inflation outlook. Looking ahead, market activity is likely to remain muted, though investors will be closely tracking developments on the trade front.

 

View by Vinod Nair, head of research, Geojit Investments 

3:43 PM

Stock Market LIVE Updates: A glance at broader market at close

Stock Market LIVE Updates: BSE Midcap was down 0.37 per cent, while the Smallcap closed 0.16 per cent lower.

3:40 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: Trent, UltraTech Cements, Maruti Suzuki, Power Grid and M&M were among the top gainers on Sensex. On the downside, IndiGo, Sun Pharma, Asian Paints, HUL and Reliance Industries were the top losers

3:37 PM

Stock Market LIVE Updates: Nifty50 settles at 26,142.10, down 35.05 pts

Stock Market LIVE Updates: NSE Nifty50 closed at 26,142.10, down 35.05 points or 0.13 per cent. 

3:35 PM

Stock Market LIVE Updates: Sensex closes at 85,408.70, down 116.14 pts

Stock Market LIVE Updates: BSE Sensex closed at 85,408.70, down 116.14 points or 0.14 per cent. 

 

3:26 PM

Stock Market LIVE Updates: After IndiGo crisis, Centre clears two new airlines to lift competition

Stock Market LIVE Updates: As the Indian aviation industry recovers from the recent IndiGo crisis, Civil Aviation Minister Ram Mohan Naidu on Tuesday said the government has cleared the way for two new airlines.

 

"Over the last one week, pleased to have met teams from new airlines aspiring to take wings in Indian skies—Shankh Air, Al Hind Air and FlyExpress. While Shankh Air has already got the no objection certificate (NOC) from the ministry, Al Hind Air and FlyExpress have received their NOCs this week," Naidu said in a post on X. READ MORE

 

3:21 PM

Stock Market LIVE Updates: 'Reduce GST on air purifiers': Delhi HC raps Centre over pollution crisis

Stock Market LIVE Updates: The Delhi High Court on Wednesday criticised the central government for "not doing enough" to deal with the national capital's worsening air pollution, Bar and Bench reported.

 

A Division Bench of Chief Justice Devendra Kumar Upadhyaya and Justice Tushar Rao Gedela said if authorities are unable to ensure clean air for citizens, the least they can do is reduce the goods and services tax (GST) on air purifiers, which currently stands at 18 per cent. READ MORE

3:14 PM

Stock Market LIVE Updates: 2025 IPO lessons: What retail investors learnt and how to spot 2026 winners

Stock Market LIVE Updates: India’s IPO market gave mixed results to retail investors in 2025, offering some good lessons in valuation discipline, sectoral resilience, and post-listing strategy. While some companies delivered strong listing gains, others faltered, highlighting that hype and oversubscription alone cannot guarantee profits.

 

Lessons from 2025’s IPO listings  
 

Selectivity over chasing hype: “Don’t chase every IPO. With nearly 60 per cent of listings offering little or no gains, retail investors need to research companies and subscribe only if they have conviction,” says Aditya Agarwal, co-founder of Wealthy.in, a wealth management platform.

 

He points to Lenskart, which sought a 10x valuation jump and listed at a 535x earnings multiple, as a stark reminder that unicorn status does not automatically translate into listing-day profits. Earlier examples like Paytm, Nykaa, and Mamaearth offered similar lessons. READ MORE

 

3:07 PM

Stock Market LIVE Updates: Hindustan Copper share price rises to over two-decade high; should you buy?

Stock Market LIVE Updates: Hindustan Copper share price surged 7 per cent and hit a 15-year high on Wednesday. The counter hit an intraday high of ₹436.50, the highest level since November 12, 2010, on the National Stock Exchange, according to data on Bloomberg.

 

Hindustan Copper share price extended gains to a fifth straight session as the counter witnessed sustained buying interest amid a surge in metal prices in the international markets. On a year to date basis, Hind Copper share price has surged 75.36 per cent in the current calendar year, as compared to a 10.83 per cent increase in the NSE Nifty 50 index during the same period. READ MORE

3:01 PM

Stock Market LIVE Updates: 3 PM Update | Sensex down 86 pts; Nifty near 26,150

Stock Market LIVE Updates: 3 PM Update 

 -- Sensex was trading at 85,439.05, down 85.79 points or 0.10 per cent

-- Nifty50 was trading at 26,155.90, down 21.25 points or 0.08 per cent

2:50 PM

Stock Market LIVE Updates: Bharti Enterprises, Warburg Pincus to acquire 49% stake in Haier India

Stock Market LIVE Updates: Bharti Enterprises and Warburg Pincus on Wednesday announced that they will collectively acquire a 49 per cent stake in consumer appliances major Haier India, a subsidiary of the Haier Group, for an undisclosed amount.

 

Haier Group will retain a 49 per cent stake in Haier India, with the remaining stake to be held by Haier India’s management team, according to a joint release.

 

“This strategic collaboration will accelerate Haier’s growth and expansion in India by bringing together and leveraging the company’s global excellence in innovation, Bharti’s esteemed standing and resultant networks, and Warburg Pincus’ strong track record of scaling brands into industry leaders,” the release said. READ MORE

2:40 PM

Stock Market LIVE Updates: Canara HSBC Life Insurance hits new high, up 20% in 3 days on huge volumes

Stock Market LIVE Updates: Shares of Canara HSBC Life Insurance Company hit a new high of ₹153, as they rallied 9 per cent on the BSE in Wednesday’s intra-day trade backed by heavy volumes in an otherwise subdued market. In the past three trading days, the stock price of the life insurance company zoomed 20 per cent.

 

Currently, Canara HSBC Life Insurance Company trades 44 per cent against its issue price of ₹106 per share. The company made its stock market debut October 17, 2025. READ MORE

2:30 PM

Stock Market LIVE Updates: Largecap funds in 2026: Earnings visibility, valuations support outlook

Stock Market LIVE Updates:  Largecap equity funds outperformed mid- and small-cap peers in 2025, supported by relatively stable earnings and more reasonable valuations. Year-to-date, large-cap funds have delivered an average return of 8.9 per cent, compared with 3.6 per cent for mid-cap funds, and -3.9 per cent for small-cap funds. READ MORE

 

2:16 PM

Stock Market LIVE Updates: E to E Transportation IPO opens Dec 26; GMP at 75%: Check key details here

Stock Market LIVE Updates: The initial public offering (IPO) of E to E Transportation, a railway engineering company, will open for public subscription on Friday, December 26, 2025. Through its maiden share sale, the company seeks to raise ₹84.22 crore, which comprises a fresh issue of 4.8 million equity shares. There is no offer for sale (OFS) component. READ MORE

2:08 PM

Stock Market LIVE Updates: 'Cohesive regulation key to boost investor confidence in non-fossil fuels'

Stock Market LIVE Updates: A cohesive national and state-level regulatory framework that gives investors long-term confidence is essential for the country to meet its non-fossil goals, according to a Crisil expert. The government has an ambitious target of having 500 GW non-fossil fuel-based power generation capacity by 2030. READ MORE

2:02 PM

Stock Market LIVE Updates: 2 PM market update

Stock Market LIVE Updates:  At 2 PM, the BSE Sensex was at 85,415, down 110 points or 0.13 per cent, while the NSE Nifty 50 was trading with a loss of 29 points or 0.11 per cent at 26,147. 

1:50 PM

Stock Market LIVE Updates: Investors flock to Shyam Dhani IPO as subscription hits 556x; GMP near 90%

Stock Market LIVE Updates:  With the subscription window set to close today, the initial public offering (IPO) of Jaipur-based spices manufacturer and exporter Shyam Dhani Industries continues to attract overwhelming demand. The public issue has been subscribed to over 550 times so far, led by robust participation from non-institutional investors (NIIs) and retail investors. READ MORE

1:38 PM

Stock Market LIVE Updates: City Union Bank zooms 101% from April low; hits new high; upside left?

Stock Market LIVE Updates:  Share price of City Union Bank (CUB) hit a new high of ₹295, gaining 2 per cent on the BSE in Wednesday's intraday deal, on likely expectation of healthy earnings growth ahead. The stock of the private sector bank has outperformed the market in recent past. In the last three months, CUB shre price has rallied 40 per cent as compared to a 4.7-per cent rise in the BSE Sensex index. READ MORE

1:29 PM

Stock Market LIVE Updates: PL Capital hikes Adani Ports target on NQXT acquisition; retains 'Buy'

Stock Market LIVE Updates: PL Capital raised its target price on Adani Ports & SEZ to ₹1,876 per share from ₹1,777, valuing the stock at 18 times the enterprise value (EV) of September 2027E Earnings before interest, tax, depreciation, and amortisation (Ebitda). The brokerage has maintained ‘Buy’ as it builds in stronger volumes and margins following the acquisition of North Queensland Export Terminal (NQXT). READ MORE

 

1:21 PM

Stock Market LIVE Updates: Castrol India rallies 9% as BP plans to sell 65% stake to Stonepeak

Stock Market LIVE Updates:  Shares of Castrol India rallied nearly 9 per cent on Wednesday after global oil giant BP reached an agreement to offload a 65 per cent stake in Castrol at an enterprise value of $10 billion. READ MORE

1:12 PM

Stock Market LIVE Updates: Vikran Engineering skyrockets 15% on deal win, ratings upgrade

Stock Market LIVE Updates:  Vikran Engineering shares were buzzing in trade on Wednesday, December 24, 2025, with the scrip rising up to 15.04 per cent to hit an intraday high of ₹99.80 per share. Vikran Engineering share price rose on the back of a ₹2,035-crore deal win, along with ratings upgrade from Infomerics Valuation and Rating. READ MORE

 

1:06 PM

Stock Market LIVE Updates: Castrol India shares in focus

Stock Market LIVE Updates: Shares of Castrol India were marching northward on the bourses after global oil behemoth BP announced that it had reached an agreement to sell a 65 per cent stake in Castrol for $10 billion to Stonepeak. The total net proceeds of $6 billion received by BP will be fully utilised to reduce its net debt, the company said in a statement. 

12:59 PM

Stock Market LIVE Updates: L&T wins order to contribute to Mumbai metro project

Stock Market LIVE Updates: Larsen & Toubro Limited's transportation infrastructure business segment won an order from Mumbai metropolitan

Region Development Authority. As a part of the order, Larsen & Toubro will carry out electrification work for 24.72 kilometre long

Line 4.

12:51 PM

Stock Market LIVE Updates: Antique reaffirms 'Buy' on Jindal Steel; expects expansions to fuel profit

Stock Market LIVE Updates: Jindal Steel (JSL) is poised for growth and improved profitability, driven by higher volumes and an enhanced product mix from its Angul expansion, said brokerage firm Antique Stock Broking, while maintaining its Buy rating on the stock.

 

The brokerage believes that cost efficiencies from increased captive coal, a slurry pipeline, and higher captive power generation will support margins, while JSL’s strong balance sheet is expected to fund its Phase II expansion plans.

Read the full article

12:42 PM

Stock Market LIVE Updates: Blue Cloud Softech Solutions share price rise 3% in trade today

Stock Market LIVE Updates: Blue Cloud Softech shares rose as much as 2.94 per cent to an intraday high of ₹25.20 per share, on Wednesday, December 24, 2025.

 

Around 12:00 noon, Blue Cloud Softech shares were trading 1.67 per cent higher at ₹24.89 per share, In comparison, BSE Sensex was trading flat with a negative bias at 85,497.65 levels.

Rea the full article

12:33 PM

Stock Market LIVE Updates: Popular Vehicle Services' arm gets orders from Audi India

Stock Market LIVE Updates: Imperion Cars Private Limited received three Letters of Intent (LoI) from Audi India for retail operations across Telangana and Andhra Pradesh. Imperion Cars is a subsidiary of Popular Mega Motors (India) Private Limited, which is a wholly-owned subsidiary of Popular Vehicle Services. 

12:23 PM

Stock Market LIVE Updates: Granules surges 18% in 1 month

Stock Market LIVE Updates: Share price of Granules India hit a 52-week high of ₹626.85, gaining 2 per cent on the BSE in Wednesday’s intra-day trade. The stock price of the pharmaceutical company surpassed its previous high of ₹621.10 touched on January 7, 2025.

 

In the past one month, Granules India has outperformed the market by surging 18 per cent. In comparison, the BSE Sensex was up 0.85 per cent, while the BSE Healthcare index was down 0.27 per cent during the period. The stock price of Granules has bounced back by 45 per cent from its August month low of ₹433 on the BSE.

Read the full article

12:12 PM

Stock Market LIVE Updates: TV Today Network rises 3% a day after promoter buys additional stake

Stock Market LIVE Updates: TV Today Network shares rose 2.6 per cent on BSE, registering an intra-day high of ₹138.4 per share a day after promoter entity Living Media India bought additional stakes through bulk deal. That apart, in November, the board approved the proposal to sell its FM radio broadcasting business to Abhijit Realtors and Infraventures Pvt Ltd.

Read the full article

12:00 PM

Stock Market LIVE Update: SMS Pharma gets nod from Commerce Ministry to set up new arm

Stock Market LIVE Updates: SMS Pharmaceuticals Limited received an approval from the Ministry of Commercer to set up a new wholly-owned subsidiary. The new subsidiary will be SMS Colab Private Limited.