Stock Market Live Updates: Nifty, Sensex Erase Gains; Top Stocks in Focus
The Indian stock markets opened on a positive note, with the Nifty 50 index rising 0.08% to 26,106.80 and the Sensex opening 0.04% lower at 85,004.75. However, the markets soon erased their gains, with the Nifty falling 0.30% to 25,964.85 and the Sensex declining 0.34% to 84,754.88 as of 12 p.m.
Nifty and Sensex: A Volatile Session
The Nifty and Sensex had risen as much as 0.25% in early trade, with stocks like HDFC Bank, Tata Steel, Hindalco, Kotak Mahindra Bank, and BEL contributing to the gains. However, the markets soon turned volatile, with the Nifty and Sensex falling nearly 0.30% each.
Analysts have picked Titan Company and Dalmia Bharat as their top picks for the day. For more stock calls, stay tuned to NDTV Profit.
Top Gainers and Losers
The top gainers in the Nifty 50 index were Tata Steel, Eternal, JSW Steel, ONGC, and Titan. On the other hand, the top losers were Reliance Industries, HDFC Bank, ICICI Bank, TCS, and Bharti Airtel.
Sectoral Indices: A Mixed Bag
The sectoral indices were a mixed bag, with the Nifty Metal and Nifty Defence indices trading higher. However, the Nifty IT and Nifty Realty indices fell, with the Nifty Bank index declining 0.29%.
Broader Indices: A Negative Trend
The broader indices were trading lower, with the Nifty Midcap 150 index falling 0.26% and the Nifty Smallcap 250 index declining 0.34%.
Corporate Actions: Ram Ratna Wires and Hindustan Copper
Ram Ratna Wires’ board has allotted 4.7 crore shares as a bonus issue in a 1:1 ratio, with the record date fixed at December 26. Meanwhile, Hindustan Copper shares surged 14%, while RVNL fell 4%.
Investment Strategies for 2026
As we head into 2026, some of the most important sectors to invest in include auto, cement, and hospitality. For more information on these sectors and how to invest in them, check out our investing in India guide.
Conclusion
In conclusion, the Indian stock markets were trading lower, with the Nifty and Sensex erasing their gains. However, there were some positive trends, with the Nifty Metal and Nifty Defence indices trading higher. As we head into 2026, it’s essential to stay informed about the latest market trends and investment strategies. Stay tuned to our stock market news section for the latest updates and analysis.