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Trendlyne Marketwatch
15 Dec 2025, 04:06PM
Market closes flat, dragged by foreign investor outflows
By Trendlyne Analysis

 

Nifty 50 closed at 26,027.30 (-19.7, -0.1%), BSE Sensex closed at 85,213.36 (-54.3, -0.1%) while the broader Nifty 500 closed at 23,725.20 (-1, 0%). Market breadth is horizontal. Of the 2,615 stocks traded today, 1,311 were on the uptrend, and 1,253 went down.

Indian indices closed flat after erasing losses in the afternoon session, dragged by foreign investor outflows and uncertainty around the India-US trade deal. The Indian volatility index, Nifty VIX, closed 1.4% higher at 10.3 points. Geojit Financial Services closed 8% higher as 4.3 crore shares (15.3% equity), amounting to Rs 290 crore, reportedly changed hands in multiple block deals.

Nifty Smallcap 100 closed in the green, while Nifty Midcap 100 closed lower. Nifty Media and Nifty FMCG were among the best-performing indices of the day. According to Trendlyne’s sector dashboard, Media emerged as the highest-performing sector of the day, with a rise of 2.1%.

European indices are trading higher, except Russia’s RTSI and MOEX indices, which are trading flat. Major Asian indices closed with varied trends. US index futures are trading in the green, signalling a positive start to the session as investors await the delayed US jobs data, set to come out on Tuesday.

  • Relative strength index (RSI) indicates that stocks like SKF India, BASF India, and NCC are in the oversold zone.

  • ICICI Securities upgrades Siemens to a 'Buy' call from 'Hold', with a higher target price of Rs 3,700 per share. This indicates a potential upside of 17.5%. The brokerage believes its strong order book in smart infrastructure and mobility segments, along with its exit from the low-margin, low-voltage motors segment, will drive revenue and profitability. It expects the firm to deliver a revenue CAGR of 15.8% over FY26-27.

  • GHV Infra Projects secures an order worth Rs 109 crore in Jamshedpur, Jharkhand. The project includes complete civil construction, mechanical, electrical, and plumbing systems, and high-quality finishing for a large building development.

  • Texmaco Rail & Engineering is rising as it secures an order worth Rs 132 crore from Touax Texmaco Railcar Leasing to supply rakes for BLSS (bogie low-platform container flat separate) wagons.

  • India’s trade deficit narrows to $24.5 billion in November from $41.7 billion in October, driven by a decline in gold, oil, and coal imports. Services exports also record growth, rising to $35.9 billion in November 2025 from $32.1 billion a year ago, reflecting continued strength in India’s services-led external sector.

  • State Bank of India rises as the Appointments Committee of Cabinet (ACC) reportedly approves the appointment of Ravi Ranjan as its Managing Director (MD).

  • Dr Reddy's Laboratories receives Form 483 with five observations from the US FDA following a good manufacturing practices (GMP) and pre-approval inspection at its facility in Srikakulam, Andhra Pradesh.

  • US-based Smallcap World Fund acquires 4.5 lakh shares (0.7% equity) of Kaynes Technology India, in a block deal valued at Rs 188 crore. The transaction was executed at an average price of Rs 4,206.4 per share.

  • India’s WPI inflation edges up but remains in negative territory at –0.3% in November, compared with –1.2% in October. The negative inflation in November was mainly driven by declines in prices of food articles, mineral oils, crude petroleum & natural gas, basic metals, and electricity.

  • Wheels India is rising sharply as it enters an agreement with Japan's Topy Industries to develop and manufacture aluminium alloy wheels. The company aims to expand its presence with the Japanese original equipment manufacturers (OEMs) in India's alloy wheels segment. The company also plans to expand its alloy wheel capacity to 10 lakh wheels per annum from 7 lakh by the end of FY27.

  • Elitecon International is rising sharply as it bags an export order worth $97.4 million (~Rs 875 crore) for the long-term supply of tobacco-allied products.

  • One97 Communications (Paytm) makes an additional investment of Rs 2,250 crore in its subsidiary, Paytm Payments Services, through a rights issue of equity shares.

  • Hindustan Zinc touches a new 52-week high of Rs 571.6 on the back of soaring silver prices. Jefferies initiates coverage on the stock with a 'Buy' rating and a target price of Rs 660. The brokerage expects the company to benefit significantly from rising silver and zinc prices. It forecasts strong EPS growth of 22% in FY26, 29% in FY27, and 7% in FY28. With 37% of H2FY26 silver volumes hedged at $37, the full pricing upside is likely to play out in FY27, driving a sharp improvement in EBITDA.

  • SEPC surges as it signs a memorandum of understanding (MoU) for a Rs 3,300 crore mining consortium project at Rampur Batura opencast mine in Madhya Pradesh. The 10-year contract covers excavation, loading, transportation, and surface mining activities with consortium partners.

  • Ashoka Buildcon is rising as its joint venture (JV) with Aakshya Infra Projects bags an order worth Rs 1,041.4 crore from the Brihanmumbai Municipal Corp (BMC) to construct a flyover.

  • Wakefit Innovation’ shares make a flat debut on the bourses at Rs 195. The Rs 1,288.9 crore IPO received bids for 2.5 times the total shares on offer.

  • Geojit Financial Services rises over 7% as 4.3 crore shares (15.3% equity), amounting to Rs 290 crore, reportedly change hands in multiple block deals.

  • Corona Remedies' shares debut on the bourses at a 38.4% premium to the issue price of Rs 1,062. The Rs 655.4 crore IPO received bids for 137 times the total shares on offer.

  • WPIL surges as its subsidiary, PCI Africa Consortium, receives a Rs 1,340 crore order to upgrade and expand the Macassar Wastewater Treatment Works in Cape Town.

  • Brigade Enterprises is falling as the Income Tax (IT) Department conducts search operations at its offices from December 9-13.

  • Morgan Stanley maintains an 'Overweight' rating on KEI Industries with a target price of Rs 4,793. The brokerage points to robust domestic demand for cables and wires, fueled by power transmission and distribution, renewables, infrastructure, real estate, oil & gas, and data centres. It notes data centres as a major growth catalyst, where cables and wires account for 8-10% of capex. KEI stands out as well-positioned, offering a wide range of power cables (excluding optical fibre).

  • Godawari Power & Ispat is rising as its board approves expanding its battery pack and containers capacity to 40 gigawatt-hour (GWh) from 10 GWh at a capex of Rs 1,625 crore. The company will increase capacity to 20 GWh during phase-1 by FY27 for Rs 1,025 crore, while phase-2 will increase the capacity to 40 GWh by FY29 for Rs 600 crore.

  • KEC International is rising sharply as it secures orders worth Rs 1,150 crore in the domestic transmission & distribution (T&D) and civil businesses. The company will supply a 765 kV transmission line, a 765/400 kV substation, and civil & structural works for a 150 MW thermal plant.

  • Aurobindo Pharma is falling as it receives Form 483 with three observations from the US FDA following an inspection at its API manufacturing facility in Telangana.

  • Bharat Electronics secures orders worth Rs 776 crore to supply counter unmanned aerial systems (SAKSHAM), software defined radios, and anti-drone systems, among other defence systems.

  • Nifty 50 was trading at 25,961 (-86.0, -0.3%), BSE Sensex was trading at 84,891.75 (-375.9, -0.4%), while the broader Nifty 500 was trading at 23,650.25 (-76.0, -0.3%).

  • Market breadth is in the red. Of the 2,146 stocks traded today, 791 were in the positive territory and 1,259 were negative.

Riding High:

Largecap and midcap gainers today include Indian Oil Corporation Ltd. (168.55, 3.0%), Dixon Technologies (India) Ltd. (13,737, 2.7%) and Linde India Ltd. (6,151, 2.4%).

Downers:

Largecap and midcap losers today include Aditya Birla Capital Ltd. (351.80, -3.1%), HDFC Asset Management Company Ltd. (2,607, -2.5%) and PI Industries Ltd. (3,245.40, -2.0%).

Volume Rockets

14 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Praj Industries Ltd. (334.35, 10.1%), Action Construction Equipment Ltd. (995.90, 6.7%) and Aarti Industries Ltd. (376.30, 5.4%).

Top high volume losers on BSE were Concord Biotech Ltd. (1,360.60, -0.7%) and Gujarat Gas Ltd. (394.90, -0.2%).

Nuvoco Vistas Corporation Ltd. (360.25, 4.3%) was trading at 25.8 times of weekly average. PVR INOX Ltd. (1,086.60, 3.3%) and KEC International Ltd. (704.90, 2.0%) were trading with volumes 10.1 and 9.6 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

9 stocks took off, crossing 52 week highs, while 4 stocks tanked below their 52 week lows.

Stocks touching their year highs included - Ashok Leyland Ltd. (166.82, 1.8%), Federal Bank Ltd. (265.25, 1.5%) and Hindustan Copper Ltd. (379.95, -0.6%).

Stocks making new 52 weeks lows included - Petronet LNG Ltd. (268.55, -0.2%) and Sheela Foam Ltd. (579.95, 0.4%).

14 stocks climbed above their 200 day SMA including Kajaria Ceramics Ltd. (1,098.30, 4.3%) and Himadri Speciality Chemical Ltd. (476.85, 2.4%). 7 stocks slipped below their 200 SMA including Metro Brands Ltd. (1,134.30, -2.7%) and PNB Housing Finance Ltd. (922.05, -1.6%).

 
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