• eClerx Services rises after it raises its buyback price to Rs 4,800 per share from Rs 4,500, a 7% premium to Tuesday’s close. The revised plan reduces the buyback size to 6.3 lakh shares, or up to 1.31% equity. The company sets December 17 as the record date to determine shareholder eligibility.

• Ola Electric Mobility falls as its co-founder, Bhavish Aggarwal, sells 2.6 crore shares (0.6% equity) worth Rs 92 crore in a bulk deal. The sale reduces his holding from 30% as of September 2025.

• Waaree Renewable Technologies' subsidiary, Sunsational Power, secures a long-term power purchase agreement (PPA) for a 300 MW inter-state transmission system (ISTS) connected solar project.

• AkzoNobel declines over 12% as 51.9 lakh shares (11.4% equity), amounting to Rs 1,640 crore, reportedly change hands in a block deal. Its promoter entity, Imperial Chemical Industries, is likely the seller in this transaction.

  #StockCrash: #AkzoNobel shares tank 14% after equity worth ?1,640 crore traded in block deal@VivekIyer72 https://t.co/hHa1BgB3ir

  — CNBC-TV18 (@CNBCTV18Live) December 17, 2025

• Park Medi World's shares debut on the bourses at a 2% discount to the issue price of Rs 162. The Rs 920 crore IPO received bids for 8.1 times the total shares on offer.

• Nephrocare Health Services' shares debut on the bourses at a 6.5% premium to the issue price of Rs 460. The Rs 871 crore IPO received bids for 14 times the total shares on offer.

• Indian Overseas Bank is falling sharply as its promoter approves selling 38.5 crore shares (2% stake) worth Rs 1,309 crore at a floor price of Rs 34 per share through an offer for sale (OFS). The promoter also adds an oversubscription option of up to 19.2 crore shares.

• JM Financial retains its 'Buy' rating on Eternal with a lower target price of Rs 400. The brokerage expects Blinkit’s sequential growth to moderate in Q3FY26 due to intense competition and an unfavourable base. While food delivery trends improve, it expects net order value (NOV) to rise 16% YoY and margins to stay stable. Despite near-term softness at Blinkit, Eternal remains JM’s top pick given its market leadership, strong unit economics, and healthy balance sheet.

  #MarketToday | Eternal Shares: JM Financial retains ‘Buy’ tag, trims target citing intense competition. JM Financial has trimmed its price target on Eternal (formerly known as Zomato) as it believes that the sequential growth for Blinkit is likely... https://t.co/zbixXHXoAM

  — Business Today (@business_today) December 17, 2025

• Sequent Scientific is rising as its board of directors appoints Haribabu Bodepudi as the Managing Director (MD) and Chief Executive Officer (CEO) for two years, effective December 16.

• Ahluwalia Contracts surges as it secures an order worth Rs 888.4 crore from the Bihar State Tourism Development Corp (BSTDC) for construction and development work at Punauradham in Sitamarhi district, Bihar.

• Vikram Solar's board of directors approves a capex of Rs 4,371 crore to set up a 5 gigawatt-hour (GWh) battery energy storage system (BESS) facility in Tamil Nadu by FY27. The company will also develop a 7.5 GWh cell manufacturing unit by FY29. Both the facilities will be established by its subsidiary, VSL Powerhive.

• NBCC is rising as it receives orders worth Rs 345 crore. These include a Rs 333 crore contract from IIT Mandi for constructing academic blocks, housing, and student centres, and a Rs 12 crore contract from Kandla SEZ for annual maintenance and facility management services.

• Nifty 50 was trading at 25,872.60 (12.5, 0.1%), BSE Sensex was trading at 84,856.26 (176.4, 0.2%) while the broader Nifty 500 was trading at 23,575 (4.9, 0.0%)

• Market breadth is in the red. Of the 2,053 stocks traded today, 868 were on the uptick, and 1,125 were down.

Riding High:

Largecap and midcap gainers today include Mahindra & Mahindra Financial Services Ltd. (351.70, 3.0%), Canara Bank (150.21, 2.1%) and Punjab National Bank (119.33, 2.0%).

Downers:

Largecap and midcap losers today include Indian Overseas Bank (34.30, -6.2%), Max Healthcare Institute Ltd. (1,031.10, -3.9%) and Polycab India Ltd. (7,079.50, -3.8%).

Crowd Puller Stocks

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

Top high volume gainers on BSE included India Cements Ltd. (441.05, 7.9%), Indraprastha Gas Ltd. (192.74, 5.1%) and Kirloskar Oil Engines Ltd. (1,281.40, 4.4%).

Top high volume losers on BSE were Akzo Nobel India Ltd. (3,132.70, -13.6%), Indian Overseas Bank (34.30, -6.2%) and HBL Engineering Ltd. (762.80, -4.6%).

Polycab India Ltd. (7,079.50, -3.8%) was trading at 9.2 times of weekly average. Aditya Birla Fashion and Retail Ltd. (76.38, 3.0%) and Mahanagar Gas Ltd. (1,120, 0.6%) were trading with volumes 8.8 and 8.7 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

6 stocks hit their 52 week highs, while 26 stocks were underachievers and hit their 52 week lows.

Stocks touching their year highs included - Hindustan Zinc Ltd. (578.30, 1.9%), Shriram Finance Ltd. (864.20, 1.9%) and Vedanta Ltd. (569.80, 0.1%).

Stocks making new 52 weeks lows included - ACC Ltd. (1,758.90, -0.7%) and BASF India Ltd. (3,830.30, -1.7%).

4 stocks climbed above their 200 day SMA including The Bombay Burmah Trading Corporation Ltd. (1,890, 1.3%) and Bharti Hexacom Ltd. (1,761.90, 1.1%). 14 stocks slipped below their 200 SMA including Akzo Nobel India Ltd. (3,132.70, -13.6%) and Data Patterns (India) Ltd. (2,467.70, -4.4%).