The Indian benchmark indices, Sensex and Nifty 50, are anticipated to open flat to slightly positive today, December 17, 2025, after experiencing sharp declines in the previous two sessions. On December 16, the Sensex dropped 534 points (0.63%) to close at 84,679.86, while the Nifty 50 slipped 167 points (0.64%) to end at 25,860.10. Broader markets also remained under pressure, with investor wealth eroding by over ₹3 lakh crore in a single session. The Indian rupee further weakened to a new all-time low, breaching the 91-per-dollar mark for the fourth consecutive session, adding to market jitters along with persistent foreign institutional investor (FII) selling and subdued global sentiment.

Positive Buzz

• Ahluwalia Contracts: The company secured a new construction order valued at ₹888.38 Crore (inclusive of taxes) from the Bihar State Tourism Development Corporation Limited for development work at Shri Ram Janmabhoomi Tirtha Kshetra at Punauradham.

• NBCC India: NBCC India announced receiving work orders totaling ₹345.04 Crore (excluding GST). This includes a project management consultancy assignment from the Indian Institute of Technology, Mandi (worth ₹332.99 crore), and an annual maintenance contract from Kandla SEZ (worth ₹12.05 crore).

• BEML: The company received an order worth an estimated ₹110 Crore from the Ministry of Defence for the supply of engines.

• Inox Wind: Inox Wind has secured a 100 MW repeat order from Jakson Green.

• Vedanta: The National Company Law Tribunal (NCLT) has approved Vedanta's long-awaited restructuring plan, which involves splitting the diversified oil-to-metals conglomerate into five independently listed entities.

• Air India: The airline has forged a new unilateral interline partnership with Scoot, Singapore Airlines' low-cost subsidiary, significantly expanding its network across Southeast Asia, North Asia, and Australia via Singapore.

• Senores Pharma: Gujarat-based Senores Pharmaceuticals Ltd announced its acquisition of 100% of Apnar Pharma Private Ltd through a share purchase agreement, valued at an enterprise value of approximately Rs 0.9 billion.

Neutral Developments

• Reliance Industries: Its FMCG arm, Reliance Consumer Products, has entered the packaged foods segment by relaunching the legacy brand 'SIL' as its flagship offering in the category.

• eClerx Services: Shares of eClerx Services will trade ex-date today for a share buyback.

• Krishival Foods: Shares will trade ex-date today for a rights issue of equity shares.

• Sylph Technologies: The company's shares will trade ex-bonus today for a 5:11 bonus issue.

• Can Fin Homes: The board of Can Fin Homes Ltd has approved an interim dividend of Rs 7 per share (350% of Rs 2 face value) for the financial year 2025-26, with December 19, 2025, set as the record date.

• Indian Oil Corporation Ltd: The PSU has announced an interim dividend of Rs 5, with December 18, 2025, as the record date.

• Akzo Nobel: Imperial Chemicals is reportedly planning to sell approximately a 9% stake in Akzo Nobel through a block deal.

• Nephrocare Health Services: The dialysis solutions provider is set to make its stock market debut today after raising Rs 871.05 crore through its Initial Public Offering (IPO).

Negative News

• Ola Electric: Promoter Bhavish Aggarwal offloaded over 2.6 crore shares in Ola Electric Mobility through a bulk deal, valued at approximately ₹92 crore.

• Intellect Design Arena: The company's proposed UK Joint Venture in GIFT City has been called off.

• Banking Sector: Banking shares, including Axis Bank, HDFC Bank, ICICI Bank, SBI, and Kotak Mahindra Bank, are facing pressure due to concerns over delayed net interest margin (NIM) recovery, sustained funding costs, slower repricing of deposits, and tighter liquidity conditions.

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

Tags: Stocks in News Stock Market Buzzing Stocks Nifty Sensex

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