Global Market Futures (as of 05:55 AM IST)
US Market (Futures)
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Nasdaq: +0.19%
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Dow Jones: +0.01%
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S&P 500: +0.13%
European (Futures)
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Ftse 100: -0.27%
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Cac 40: +0.02%
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Dax: +0.15%
Asian (Futures)
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Nikkei 225: +0.60%
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ASX 200: -0.26%
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Asian (Live Markets)
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KOSPI: +0.60%
Gift Nifty: 26131.00 (+0.00%)
FII and DII Trading Activity December 24, 2025 in Cash market
FIIs / FPIs: Net Sell of ₹1,721.26 crore
DIIs: Net Buy of ₹2,381.34 crore
Commodity Updates
As of December 24, 2025, the MCX Exchange closed on a positive note across key commodities. Gold settled at ₹1,38,179, up ₹294 (+0.21%), while Silver witnessed strong buying interest, closing at ₹2,23,730, rising ₹4,077 (+1.86%). Crude Oil ended the session at ₹5,270, gaining ₹16 (+0.30%), reflecting steady domestic demand. Both MCX and NCDEX were marked closed at the end of the session.
Meanwhile, live international markets showed broader strength. Gold traded at $4,528.60, up +0.51%, while XAU/USD stood at $4,497.51, gaining +0.41%. Silver surged to $73.648, registering a sharp +2.47% rise. Copper advanced +2.20% to $5.6955. Energy prices were mixed, with WTI Crude at $58.53 (+0.31%), Brent Oil at $62.29 (-0.14%), and Natural Gas rising +1.49% to $4.305, indicating selective strength across global commodities.
Key Corporate & Economy Updates
Positive
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CreditAccess Grameen: Income-tax demand of ₹460.3 mn for AY 2022–23 has been deleted, providing significant relief and improving earnings visibility.
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KNR Constructions / Indus Infra Trust: KNR received total consideration of ₹15.43 bn from the sale of four SPVs to Indus Infra Trust; binding share purchase agreements have been executed, aiding balance sheet strengthening.
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Ola Electric: Sanctioned incentive payout of ₹3.67 bn for FY25, with its unit also receiving a formal sanction order from the Ministry of Heavy Industries, supporting cash flows and EV expansion plans.
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JSW Energy: MERC rejected MSEDCL’s petition while allowing JSW Energy’s petition, providing regulatory clarity and reducing potential downside risks.
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AGI Infra: Received RERA registration for the “Urbana Square” real estate project, enabling formal launch and sales commencement.
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Vikran Engineering: Secured an order worth ₹4.59 bn, significantly improving its executable order book.
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Aptech: Received a work order valued at ₹33.9 mn, supporting near-term revenue visibility.
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Zota Health Care: Successfully raised ₹3.50 bn through QIP, enhancing financial flexibility and funding expansion plans.
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Royal Orchid Hotels: Signed a new hotel project in Gwalior, expanding its footprint in the central India hospitality market.
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UltraTech Cement: Commissioned additional cement capacity of 1.8 MTPA, supporting long-term volume growth.
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Mahindra Holidays: Tax demand of ₹3.63 bn has been dropped, removing a major contingent liability.
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SJVN: Achieved COD of the 1,000 MW Bikaner solar project developed at a cost of ₹54.92 bn, marking a key milestone in renewable capacity addition.
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Manaksia Coated Metals & Industries: Undertaking capacity expansion for its continuous galvanizing line to meet rising demand.
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NTPC: Declared 69.04 MW capacity of the Khavda-I Solar PV project operational, supporting renewable portfolio growth.
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Bharatrohan Airborne Innovations: Received DGCA type certification for the Pravir-X6 drone, enabling commercial deployment.
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NMDC: Signed MoU with Colorado School of Mines for academic and research collaboration, strengthening technical capabilities.
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Oriental Rail Infrastructure: Secured an order worth ₹49 mn from ICF, aiding revenue inflows.
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Panacea Biotec: Received amended UNICEF vaccine supply awards, with contract values increased by $2.55 mn for 2026 and $2.70 mn for 2027.
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Innovators Facade Systems: Bagged an order worth ₹576.3 mn, boosting order book strength.
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Spandana Sphoorty Financial: Received a bid of ₹345.5 mn for its stressed loan portfolio, aiding asset quality management.
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Supreme Industries: Received a repeat order worth ₹540 mn and a letter of acceptance from BPCL, reflecting strong client traction.
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JK Cement: Declared preferred bidder in the e-auction for the Kishanpura limestone block in Rajasthan, securing long-term raw material supply.
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LT Foods: Announced a new Raichur facility with annual capacity of 30,000 MT, entailing capex of ₹60 mn to support regional rice production.
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Namo E-Waste Management: Received CTO approval for its Palwal facility, enabling operational commencement.
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Everest Industries: Tax demand reduced to ₹1.6 mn, lowering contingent liabilities.
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NBCC: Signed MoU with Mumbai Port Authority for CGO complex development and purchased land in Dubai for AED 15 mn, expanding domestic and overseas presence.
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Muthoot Capital Services: Issued commercial paper worth ₹250 mn for short-term funding needs.
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VSF Projects: Received consent to operate for commencing multi-product FTWZ operations at Ankulapaturu.
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Castrol India: Open offer announced by Motion JVCo and others to acquire 26% stake at ₹194.04 per share.
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EPL: Issued commercial papers worth ₹300 mn.
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Birla Corporation: Court dismissed two civil revisional applications filed against the company.
Negative
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Hindustan Copper: LIC Reduced stake in the company to 4.072% from 6.086%, as per exchange filing.
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STL Networks: Received a tax demand order amounting to ₹76.9 mn, creating a financial overhang.
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Jubilant Pharmova: Manufacturing unit received a tax demand of ₹97.1 mn.
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Sasken Technologies: Received total tax demand order of ₹109 mn.
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Northern Arc Capital: Tax demand of ₹23.3 mn imposed by authorities.
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IndiGo: Received tax penalty of ₹1.3 mn.
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Yes Bank: Tax penalty of ₹33.1 mn levied by authorities.
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Akums Drugs & Pharmaceuticals: Unit received tax demand order worth ₹5.4 mn.
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Vodafone Idea: Tax department imposed penalties of ₹795.6 mn and ₹35.8 mn, adding to regulatory and financial stress.
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Vedanta: Received tax penalty orders of ₹1.9 mn and ₹106.5 mn.
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Bayer CropScience: Tax penalties of ₹1 mn for FY19 and ₹103 mn for FY20 imposed; penalty order received from tax department.
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NIIT: Received tax demand order of ₹18.1 mn.
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Faze Three: GST officials conducted inspection at Mumbai corporate offices on Dec 24.
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ICICI Lombard General Insurance: Received tax demand of ₹22 mn along with interest of ₹14.9 mn.
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Reliance Industries: Tax department imposed penalty of ₹11.1 mn.
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Styrenix Performance Materials: Received tax demand order of ₹10.3 mn.
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Strides Pharma Science: US FDA issued Form 483 with four procedural observations following inspection of its US facility.
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Pfizer: Received tax demand order worth ₹12.7 mn.
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Quess Corp: DCIT to pass order quantifying tax liability for FY22; company to reassess and disclose revised financial impact.
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IndusInd Bank: Received letter from SHO and is under SFIO investigation under the Companies Act.
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Bharti Airtel: Penalized ₹116,000 for alleged violation of subscriber verification norms.
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Xchanging Solutions: Tax demand of ₹235.9 mn reaffirmed by authorities.
Neutral / Others
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Bhandari Hosiery Exports: Board to consider raising up to ₹500 mn via rights issue to fund growth initiatives and strengthen capital structure.
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Quality Power Electrical Equipments: Acquired a stake in Veeral Controls for ₹1.52 mn, strengthening its strategic presence in the electrical controls segment.
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Gujarat Narmada Valley Fertilizers & Chemicals: Government of Gujarat nominated Rajkumar Be-Niwal as MD and withdrew the earlier nomination of T. Natarajan, ensuring leadership continuity.
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Goodluck India: Acquired land in Ghaziabad, Uttar Pradesh, for ₹520 mn to support future capacity expansion.
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Punjab Communications: Approved appointment of Deepika Arora as CFO, strengthening the finance leadership team.
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Radiant Cash Management Services: Clarified that there is no proposal or decision to enter the NBFC business at present.
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Gujarat Gas: Milind Torawane resigned as Managing Director.
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AVG Logistics: Entered into partnership and MoU with Baidyanath LNG for LNG-powered transportation solutions, supporting sustainability initiatives.
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Aeroflex Enterprises: Announced plans to divest stake in M.R. Organisation Limited.
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HEG: Bhilwara Energy acquired 100% stake in a 76 MW hydro project.
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Zydus Lifesciences: Extended API business acquisition closing deadline with Sterling Biotech to June 30.
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Kisan Mouldings: Polsons Traders LLP sold its entire shareholding in the company.
Non-Corporate, Unlisted & Foreign / Macro
1) NYSE: Order imbalance indicated approximately 865,921 shares on the sell side.
2) NASSCOM: Raised concerns that proposed H-1B visa changes and weighted models may disadvantage SMEs and create regional and occupational distortions.
3) RBI: To conduct a 4-day VRR auction under LAF for ₹1.75 tn on Dec 26.
4) RBI (Liquidity & Currency): Currency in circulation rose ₹468.17 bn to ₹39.14 tn as of Dec 15; YoY growth stood at 9.6%, while reserve money grew 2.2% YoY.
5) Indian Government Bonds: 10-year benchmark yield ended 9 bps lower at 6.5398%.
6) SEBI: Excluded zero-coupon zero-principal bonds and delisted securities from BSDA threshold calculations and issued circular to enhance BSDA facilities.
7) Enforcement Directorate: Completed restitution of attached properties worth ~₹623 mn to SBI in the G.S. Oils case.
On-going IPO
Last Date 26-Dec
Dhara Rail Projects Ltd (NSE SME)
Admach Systems Ltd (BSE SME)
Nanta Tech Ltd (BSE SME)
Apollo Techno Industries Ltd (BSE SME)
Bai-Kakaji Polymers Ltd (BSE SME)
Upcoming IPO
26-Dec to 30-Dec
E TO E Transportation Infrastructure Ltd (NSE SME)
Securities Trading Ex-Rights Issue on December 26, 2025
Hilton Metal Forging Ltd
Securities Trading Ex-Bonus Issue on December 26, 2025
Ram Ratna Wires Ltd (1:1)
Securities Trading Ex-Stock Split on December 26, 2025
Nuvama Wealth Management Ltd (From Rs.10 to Rs.2)
Securities Trading Ex-Spin Off on December 26, 2025
DCM Shriram Industries Ltd
Securities Under F&O Ban on December 26, 2025
Samman Capital
Source: WOWNEWS24X7, Moneycontrol, Investing.com
