Indian equity indices ended lower; All sectoral indices ended lower except media; Broader market indices also ended lower

POST MARKET

The Indian benchmark indices started the week on a negative note, extending the fall on the third consecutive session on December 29 amid broad-based selling due to persistent foreign fund outflows and geopolitical developments.

At close, the Sensex was down 345.91 points or 0.41 percent at 84,695.54, and the Nifty was down 100.2 points or 0.38 percent at 25,942.10. About 1395 shares advanced, 2595 shares declined, and 144 shares remained unchanged.

Tata Steel, Tata Consumer, Asian Paints, Grasim Industries, Nestle India were among the major gainers on the Nifty, while losers were HCL Technologies, Adani Ports, Power Grid Corp, Trent, and Max Healthcare.

Among sectors, except media, all other indices ended lower with auto, IT, pharma, realty, and power down between 0.4-0.9 percent.

Among the broader market indices, the BSE Midcap index shed 0.4 percent, and the smallcap index was down 0.5%.

STOCKS TODAY

Muthoot Finance

Gold financier Muthoot Finance stocks declined almost 2 percent as gold prices sharply corrected during the day from the day’s highs. The shares rallied 98 percent in eight months. The stock is currently up around 70 percent in 2025 so far.

Solarworld Energy

Shares of Solarworld Energy Solutions jumped almost 4 percent after the company bagged a fresh order from NTPC Renewable Energy. The increase is after the company said it had received an order worth Rs 725 crore from NTPC Renewable Energy for the development of a 250 MW solar project.

Hindustan Zinc

The shares of Hindustan Zinc sharply fell almost 3 percent as silver prices declined after a sharp surge. Despite today’s fall, Hindustan Zinc shares have gained more than 2 percent in the past five days, and around 24 percent in the past one month. The stock is up around 39 percent in 2025 so far.

Vikran Engineering

Vikran Engineering shares extended gains for a third straight session and ended almost 2.5 percent higher after receiving letters of award for setting up grid-connected solar power projects with a total capacity of 45.75 MW in Madhya Pradesh. Vikran Engineering will act as the renewable power generator and will be responsible for the implementation and operation of the plants.

Hikal

Hikal shares fell 2.8 percent on December 29 after the pharmaceuticals and crop protection company revealed discrepancies in revenue reporting due to some employees’ misconduct and confirmed the reversal of Rs 80.7 crore in revenue for the September quarter.

Source – Money Control