- Sensex: 78,472.48 (-0.39 points)
- Nifty50: 23,750.20 (+22.55 points or 0.1%)
The Sensex oscillated between a high of 78,898.37 and a low of 78,173.38. Meanwhile, Nifty50 touched an intraday high of 23,854.50 and a low of 23,653.60.
The Nifty Midcap100 saw a slight uptick of 0.12%, while Nifty Smallcap100 dipped marginally by 0.02%.
Impact on the stock market
Some sectors showed gains, while others faced selling pressure during the trading session. Nifty Auto led the pack with a 0.84% rise, followed by Nifty Pharma, which climbed 0.64%. Nifty Financials and Nifty Realty also ended higher, gaining 0.45% and 0.42%, respectively.
On the flip side, Nifty FMCG bore the brunt of the market’s pressure, dropping 1.46%. Nifty IT declined by 0.78%, while Nifty Metal slipped by 0.63%, reflecting a mixed day for sectoral indices.
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| Sector/Index | Performance |
| IT & BPM sector | -0.01% |
| Healthcare sector | 0.78% |
| Oil & Gas sector | 0.08% |
| Real estate sector | 0.23% |
| PSU Bank in India | 0.31% |
Top gainers today
| Company | Price | Change % |
| Adani Ports Share Price | 1,243.95 | 5.22 |
| M&M Share Price | 2,975.65 | 1.60 |
| SBI Life Insura Share Price | 1,409.05 | 1.59 |
| Shriram Finance Share Price | 2,926.90 | 1.52 |
| Maruti Suzuki Share Price | 10,896.00 | 1.48 |
Top losers today
| Company | Price | Change % |
| Asian Paints Share Price | 2,262.40 | -0.95 |
| Titan Company Share Price | 3,323.05 | -0.91 |
| JSW Steel Share Price | 914.45 | -0.80 |
| Grasim Share Price | 2,482.05 | -0.79 |
| Nestle Share Price | 2,149.90 | -0.78 |
Market aftermath: Impact on stocks
ACME Solar rises on fresh financing
ACME Solar Holdings gained over 1% to close at ₹239, with an intraday high of ₹247.
The catalyst? ACME secured ₹1,988 crore in financing from Power Finance Corporation (PFC) for a 300 MW solar-wind hybrid renewable energy project.
- Project Details: Solar power in Bikaner, Rajasthan and wind energy in Bhuj, Gujarat
- Expected Operations: By June 2025
- SECI-ISTS XVIII project: ACME secured another 300 MW project at ₹3.05/unit
However, ACME Solar shares are still down 5% over the last month, indicating cautious investor sentiment despite the positive news.
Godfrey Phillips bounces back after a tough week
Shares of Godfrey Phillips India jumped 7%, snapping a seven-day losing streak.
The recovery followed the company’s board announcement of Siddharth Chawla as the new COO.
- Start Date: 7th January 2025
- Background: Chawla, an ex-ITC veteran, brings extensive experience from leading roles at Udaan and Pharmarack.
Despite the short-term slump, Godfrey Phillips remains up 158% YTD with a market capitalisation nearing ₹28,000 crore.
Legal issues surrounding 24Seven Retail’s trademark continue to hang over the company, with Samir Modi pushing for royalty payments—disputed by the board.
EPACK Durable gains on investment speculation
EPACK Durable Ltd. saw a 5% rise to ₹501.65 after clarifying that discussions with a Chinese TV manufacturer were still in the early stages.
- YTD Performance: Up 150%
- Potential Investment: In EPACK’s wholly-owned subsidiary
The company reassured investors that updates would follow as talks progressed.
Also read: EPACK Durables IPO: Should you invest in India’s consumer durables market?
Crude oil edges higher amid strong demand
Crude oil prices ticked up, driven by strong US economic data and increased imports from India.
- Brent (March): $72.64 (+0.44%)
- WTI (February): $69.53 (+0.42%)
- MCX Crude (January): ₹5,934 (+0.56%)
India’s crude oil imports rose by 2.57% YoY in November, totalling 19.07 million tonnes.
- Natural gas (January): ₹290.30 (+2.43%)
Meanwhile, key agricultural commodities like jeera (₹24,060) and dhaniya (₹8,010) also edged higher.
Conclusion
The Indian stock market ended relatively flat, but activity in individual stocks like ACME Solar, Godfrey Phillips, and EPACK Durable brought excitement to the day.
Crude oil and natural gas saw gains, reflecting broader global economic optimism. As the year nears its close, attention will shift to fiscal policies, corporate earnings, and global factors influencing the market’s next moves.
Investors are advised to stay informed and maintain a diversified portfolio as market dynamics continue to shift.
For more stock market insights, check out the StockGro blog.
