Global Market Futures (as of 05:55 AM IST)
US Market (Futures)
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Nasdaq: -0.05%
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Dow Jones: +0.02%
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S&P 500: +0.02%
European (Futures)
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Ftse 100: +0.15%
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Cac 40: +0.07%
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Dax : -0.07%
Asian (Live Markets)
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Nikkei 225: -0.46%
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ASX 200: +0.23%
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KOSPI: -0.20%
Gift Nifty: 25943.50 (-0.07%)
FII and DII Trading Activity December 29, 2025 in Cash market:
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FIIs / FPIs: Net Sell of ₹2,759.89 crore
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DIIs: Net Buy of ₹2,643.85 crore
Commodity Market Updates:
International commodity markets showed a mixed but broadly positive tone in the latest session. Gold prices firmed, with the derived contract trading around 4,361 while spot XAU/USD hovered near 4,345, reflecting steady safe-haven demand. Silver outperformed, posting strong gains of over 2%, indicating renewed investor interest in precious metals. Copper edged slightly higher, suggesting stable industrial demand despite global growth concerns. In contrast, energy markets were softer: WTI crude oil slipped below 58, pressured by demand uncertainty, while Brent crude remained flat near 61. Natural gas recorded modest gains, supported by short-term supply and weather dynamics. Overall, metals led gains, while energy prices remained subdued.
Key Corporate & Economy Updates:
Positive:
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Indian Overseas Bank: The bank has received RBI approval to establish an IFSC Banking Unit (IBU) at GIFT City, enabling it to expand international banking operations and offer offshore financial services.
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Astal Laboratories Ltd: The company has signed a Letter of Intent with Immuna Therapeutics GmbH involving technology transfer and localization in India; the collaboration is expected to generate approximately INR 3 bln in revenue, enhancing growth prospects in specialty therapeutics.
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Senco Gold Ltd: The company has extended its strategic retail partnership with August Jewellery until March 2026, ensuring continuity in sourcing and strengthening its jewellery retail network.
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Inventure Growth & Securities Ltd: SEBI has revoked interim regulatory directions against the company, providing regulatory clarity and easing operational constraints.
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Lupin Ltd: Lupin has signed an exclusive licensing agreement with Gan & Lee Pharmaceuticals for a novel GLP-1 receptor agonist, strengthening its innovation-led specialty and metabolic disorder portfolio.
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ITCONS E-Solutions Ltd: The company has secured a contract worth INR 41.5 mln, adding incremental revenue visibility and supporting near-term execution strength.
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Waaree Energies Ltd: Waaree has commenced operations at its new manufacturing facility on December 29, 2025, with the unit setting up a 3.05 GW solar inverter manufacturing capacity in Gujarat, significantly scaling up its renewable energy manufacturing footprint.
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Onix Solar Energy Ltd: The board has approved fundraising of up to INR 2.50 bln through a rights issue to support capacity expansion, working capital requirements, and future growth initiatives.
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Niraj Cement Structurals Ltd: The company has received an infrastructure development order from MMRDA valued at INR 348.6 mln, strengthening its order book and execution pipeline.
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Endurance Technologies: The Italy Chamber of Commerce has approved the merger of the company’s units with Endurance Castings, enabling operational consolidation and improved efficiency.
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Rail Vikas Nigam Ltd: The company has emerged as the lowest bidder for a project worth INR 2.01 bln, improving revenue visibility in the infrastructure segment.
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Gulf Oil Lubricants India Ltd: The company has launched a new premium product, Gulf Syntrac engine oil, aimed at strengthening its high-margin automotive lubricant portfolio.
Negative:
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Welspun Specialty Solutions Ltd: The company has received a tax demand of INR 40.9 mln along with a penalty of INR 4.1 mln, which may have a financial impact subject to legal outcomes.
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CSB Bank Ltd: The bank has been penalized INR 4.3 mln by CGST authorities for regulatory non-compliance.
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IDBI Bank Ltd: The bank has faced a regulatory penalty of INR 3.5 mln, reflecting supervisory observations.
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FDC Ltd: The company has received a tax demand order amounting to INR 156.1 mln, which may be contested through legal channels.
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HeidelbergCement India Ltd: The company has received tax demand and penalty orders aggregating INR 520.7 mln, posing potential financial and compliance risks.
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TVS Srichakra Ltd: The tax department has confirmed tax demand and penalty orders totaling INR 551.1 mln.
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RPG Life Sciences Ltd: The company has received a tax order with a total demand of INR 10.8 mln.
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Indo US Bio-Tech Ltd: The company has received summons from the Directorate of Enforcement under the PMLA; management clarified that there is no immediate material financial or operational impact.
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Gujarat Fluorochemicals Ltd: Chairman Devendra Kumar Jain passed away on December 29, representing a loss of senior leadership.
Neutral / Others
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Cupid Ltd: The board has approved the establishment of an FMCG manufacturing facility in Saudi Arabia, to be funded through internal accruals, subject to regulatory approvals, marking its overseas expansion strategy.
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Aditya Birla Capital Ltd: The company has invested INR 400 mln on a rights basis in Aditya Birla Capital Digital, underlining continued commitment to scaling its digital financial services platform.
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Icon Facilitators Ltd: The board has approved the appointment of Garima Moorjani as Chief Financial Officer, strengthening the company’s senior management and governance framework.
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Reliance Industries Ltd: The company clarified that the Government of India’s claim related to the KG-D6 gas block amounts to approximately USD 247 mln and has already been disclosed in its financial statements; Reliance has categorically denied reports of any USD 30 bln claim against Reliance and BP, stating such reports are factually incorrect.
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Lloyds Engineering Works Ltd: The board has approved a draft scheme of merger by absorption of Lloyds Infrastructure & Construction Ltd, MHPL and TIPL into the company, aimed at corporate restructuring and simplification.
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Waaree Energies Ltd (Management Change): CEO Amit Paithankar has resigned and will be relieved by May 15, 2026; Jignesh Rathod has been appointed as CEO-Designate, ensuring an orderly leadership transition.
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Vishvprabha Ventures Ltd: The company has appointed Pooja Hemant Palan as Chief Financial Officer, aligning with enhanced financial governance requirements.
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NHPC Ltd: NHPC’s shareholding in Ratle Hydroelectric Power Corporation has reduced from 59.51% to 49.72%, reflecting a change in ownership structure following capital or strategic adjustments.
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Grasim Industries Ltd: The board has approved a scheme of arrangement involving EMIL and Aditya Birla Renewables, with renewable energy assets transferred on a slump-sale basis and issuance of Aditya Birla Renewables equity shares in a defined ratio.
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Timex Group India: Promoter entity Timex Group Luxury Watches BV has announced its intention to exercise an oversubscription option of up to 4.5 mln shares in the ongoing offer-for-sale.
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Sical Logistics Ltd: The company has sold non-core assets located in Tamil Nadu for a total consideration of INR 330.9 mln as part of its asset monetization and balance sheet optimization strategy.
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Oricon Enterprises Ltd: The board has approved the sale of aluminium tube manufacturing assets located in Thane, in line with its asset rationalization strategy.
Non-Corporate, Unlisted & Foreign / Macro
1) Novelis / Hindalco Industries: AV Minerals has agreed to acquire Novelis shares for USD 750 mln, while Novelis has entered into a formal subscription agreement with AV Minerals, reinforcing long-term strategic ownership and capital alignment.
2) Horizon Industrial Parks: The company has filed its DRHP for an IPO comprising a fresh issue of shares, with JM Financial and Axis Capital appointed as book running lead managers.
3) Deepa Jewellers: The company has filed its draft prospectus for an IPO comprising a fresh issue of shares worth up to INR 2.5 bln and an offer for sale of up to 11.8 mln shares by existing shareholders.
4) RBI – Liquidity Management: The RBI announced a 2-day Variable Rate Repo (VRR) auction under the LAF for INR 2 trln to be conducted on December 30, 2025, to manage systemic liquidity.
5) Government of India – Debt Issuance: India plans to sell INR 3.84 trln of Treasury Bills during the January–March quarter; additionally, RBI will auction INR 320 bln of 6.48% 2035 government bonds on January 2 using the multiple-price method.
6) RBI – Banking Sector Report: RBI’s “Trend and Progress of Banking in India” report highlighted strong resilience in banks and NBFCs, with gross NPA ratio at a multi-decadal low of 2.1% at September-end, CRAR at 17.2%, and continued regulatory focus on cybersecurity, fraud prevention and customer protection.
7) India – Industrial Output: Government data showed manufacturing output growth of ~8% Y/Y in November; overall industrial output rose 6.7% Y/Y in November (vs Reuters poll of 2.5%), while April–November industrial output grew 3.3% Y/Y.
8) India – Sugar Export Policy: The government has allowed exports of organic sugar under specified HS codes, subject to an overall annual ceiling of 50,000 MT.
9) Vingroup (Vietnam): The conglomerate stated that advisory assessments value its taxi arm GSM’s proposed IPO at around USD 20 bln, dependent on market conditions and timing.
10) Oman Road Accident: An Indian national was among four people killed in a road accident in Oman, while three others remain critically injured.
On-going IPO:
Last Date 30-Dec
-E TO E Transportation Infrastructure Ltd (NSE SME)
Upcoming IPO:
NIL
Gold Bond Redemption on December 30, 2025
Sovereign Gold Bond (SGB) 2026 Series XIV (SGBJAN26)
Securities Under F&O Ban on December 30, 2025
Samman Capital
Source: WOWNEWS24X7, Moneycontrol, Investing.com
