Positive Buzz

• EIH (Oberoi Hotels and Resorts): The company has signed a management agreement for a 25-key luxury resort at the Makaibari Tea Estate in Darjeeling, indicating expansion in its hospitality portfolio.
• SBI (State Bank of India): SBI launched YONO 2.0, aiming to enhance its digital payment offerings and compete with major UPI platforms like PhonePe and Google Pay.
• Biocon: The company has introduced its liraglutide, a GLP-1 peptide, in the Netherlands, targeting diabetes and obesity treatment.
• HCLTech: Expanded its digital transformation collaboration with Aurobay Technologies to manage SAP, Siemens Teamcenter PLM, and integration services across Sweden and China.
• Can Fin Homes: The board approved an interim dividend of ₹7 per share, with December 19, 2025, set as the record date. Additionally, Suresh Srinivasan Iyer has been re-appointed as MD and CEO, pending RBI approval.
• Intellect Design Arena: Formed a partnership with 35 Canadian credit unions, collectively holding $13 billion in assets, to enhance digital capabilities in onboarding, accounts, payments, and member services.
• Zydus Lifesciences: Its US subsidiary, Sentyl Therapeutics, received FDA acceptance for its New Drug Application (NDA) for Menkes disease therapy CUTX-101, with a PDUFA date of January 14, 2026.
• MTNL: The board has cleared the sale of Mumbai's BKC housing block to Nabard for ₹350.72 crore.
• Flipkart: The e-commerce giant is moving closer to its India IPO plans following NCLT approval to transfer ownership from an overseas holding entity to an Indian entity.
• Vedanta: Shares continued their upward trajectory, outperforming the broader market, attributed to its diversified natural resources operations.

Neutral Developments

• Indian Market Outlook: Indian equity markets are anticipated to open on a weaker note, tracking soft global cues, with the Nifty and Sensex expected to trade in a narrow range. Investors remain cautious ahead of key US economic data releases, including CPI inflation and non-farm payrolls.
• KNR Constructions: The company disclosed an income-tax demand of ₹72.03 crore for AY 2007-08; however, it plans to appeal the demand and does not anticipate a material impact on the company.
• Panacea Biotec: Vinod Goel has been appointed as the Chief Financial Officer, and Ankit Jain as the Company Secretary and Compliance Officer, effective December 16, 2025.
• ICICI Prudential AMC IPO: The Initial Public Offering (IPO) for ICICI Prudential AMC concludes today, December 16, 2025.
• Wakefit Innovations: Shares experienced a sharp recovery on Monday after a subdued listing, with a lock-in period ending today for approximately 41.5 million shares.

Negative News

• Market Performance (Previous Day): Indian equities ended lower on Monday, December 15, snapping a two-session winning streak. The Sensex declined by 54 points (0.06%), and the Nifty 50 fell by 20 points (0.08%).
• Rupee Depreciation: The Indian rupee slipped to a new record low of 90.79 against the US dollar, pressured by an ongoing stalemate in India-US trade negotiations and persistent foreign fund outflows.
• IndiGo: A four-member panel, appointed by the Director General of Civil Aviation, is investigating large-scale operational disruptions experienced by the domestic carrier earlier this month.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex