{"id":6174,"date":"2025-12-24T05:48:06","date_gmt":"2025-12-24T05:48:06","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=6174"},"modified":"2025-12-24T05:49:24","modified_gmt":"2025-12-24T05:49:24","slug":"coal-india-itc-jio-financial-lead-early-gains-nifty-holds-above-26200-on-christmas-eve","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/coal-india-itc-jio-financial-lead-early-gains-nifty-holds-above-26200-on-christmas-eve\/","title":{"rendered":"Coal India, ITC, Jio Financial Lead Early Gains; Nifty Holds Above 26,200 on Christmas Eve"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Indian equity markets opened on a steady note on Christmas Eve, with trading volumes remaining light amid a global holiday mood. Despite muted overseas cues, selective early buying in frontline stocks including Coal India, ITC, Trent, Jio Financial Services and NTPC kept the Nifty 50 trading above the key 26,200 level in morning trade.<\/span><\/p>\n<h2><b>Market Snapshot at the Open<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">As of early trade on December 24, benchmark indices were holding mild gains.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">NIFTY 50 stood at 26,205.90, up 28.75 points or 0.11 percent at 9:21 AM IST.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">BSE Sensex was trading at 85,612.81, higher by 87.97 points or 0.10 percent at 9:22 AM IST.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">On Tuesday, the Nifty traded in a narrow range. Although it crossed the December 5 intraday highs, the index failed to sustain those levels and did not close above 26,200. Bulls are now watching closely to see whether the index can hold above this level during the holiday-shortened session.<\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source:<\/i><\/b> <a href=\"https:\/\/www.nseindia.com\/market-data\/top-gainers-losers\"><i><span style=\"font-weight: 400;\">NSE<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">, BSE)<\/span><\/i><\/span><\/p>\n<h2><b>Top Nifty Gainers in Early Trade<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Buying interest was visible in select stocks across energy, financials and consumption themes. Coal India emerged as the top gainer in early trade.<\/span><\/p>\n<div style=\"overflow-x: auto;\">\n<table style=\"width: 100%; border-collapse: collapse; text-align: left; margin: 20px 0; font-family: sans-serif;\">\n<thead>\n<tr style=\"background-color: #f2f2f2;\">\n<th style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">Stock Name<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">Open (\u20b9)<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">LTP (\u20b9)<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">% Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">Coal India<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">403.80<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">410.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left; color: #28a745; font-weight: bold;\">2.40%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">Shriram Finance<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">958.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">969.45<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left; color: #28a745; font-weight: bold;\">1.22%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">Trent<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">4,209.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">4,226.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left; color: #28a745; font-weight: bold;\">0.87%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">Jio Financial<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">298.70<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">301.30<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left; color: #28a745; font-weight: bold;\">0.87%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">NTPC<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">323.90<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left;\">325.70<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; text-align: left; color: #28a745; font-weight: bold;\">0.76%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source:<\/i><\/b> <a href=\"https:\/\/www.nseindia.com\/market-data\/top-gainers-losers\"><i><span style=\"font-weight: 400;\">NSE<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> as of 9.25 AM)<\/span><\/i><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Coal India also remained in the spotlight after its board granted in-principle approval for the listing of subsidiaries South Eastern Coalfields and Mahanadi Coalfields, subject to regulatory clearances.<\/span><\/p>\n<h2><b>Currency and Commodity Check<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Indian rupee opened firmer at 89.54 per US dollar, compared with the previous close of 89.66, tracking stable domestic cues.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Oil prices edged higher, supported by strong US economic growth data and concerns over supply disruptions from Venezuela and Russia.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Brent crude rose 4 cents to $62.42 per barrel<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">WTI crude gained 3 cents to $58.41 per barrel<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Earlier this week, oil prices surged more than 2 percent, marking their strongest daily rise in nearly two months.<\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source:<\/i><\/b><i><span style=\"font-weight: 400;\"> CNBC TV-18)<\/span><\/i><\/span><\/p>\n<h2><b>Key Corporate and Regulatory Developments<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/tv-today-network.html?id=1000000927\"><span style=\"font-weight: 400;\">TV Today Network<\/span><\/a><span style=\"font-weight: 400;\"> saw promoter entity Living Media India acquire 4.5 lakh shares, representing a 0.75 percent stake, for \u20b96.04 crore at \u20b9134.4 per share.<\/span><b><br \/>\n<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Marc Technocrats and Global Ocean Logistics India are set to list on the SME platform today.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">SEBI cleared IPO draft papers of ESDS Software Solution, BLS Polymers and Dhariwal Buildtech, with total issue size exceeding \u20b91,700 crore.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source:<\/i><\/b><i><span style=\"font-weight: 400;\"> Moneycontrol)<\/span><\/i><\/span><\/p>\n<h2><b>RBI Liquidity Boost<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Reserve Bank of India announced fresh liquidity measures worth \u20b92 lakh crore on December 23. These include open market purchases of government securities and USD INR buy sell swap auctions to inject durable liquidity into the banking system.<\/span><\/p>\n<h2><b>Sector and Stock Highlights<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/gail.html?id=1000005104\"><span style=\"font-weight: 400;\">GAIL<\/span><\/a><span style=\"font-weight: 400;\"> India signed an MoU with the Government of Chhattisgarh for a greenfield gas-based fertiliser project, supporting energy and fertiliser self-sufficiency.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/zydus-life.html?id=1000003271\"><span style=\"font-weight: 400;\">Zydus Lifesciences<\/span><\/a><span style=\"font-weight: 400;\"> partnered with Swiss firm Bioeq to commercialise biosimilar Nufymco in the US market, with USFDA approval.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/gpt-infraprojects.html?id=1000002076\"><span style=\"font-weight: 400;\">GPT Infraprojects<\/span><\/a><span style=\"font-weight: 400;\"> bagged a contract worth \u20b9199.2 crore from North Eastern Railway for bridge construction over the River Rapti.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/mutual-funds\/amc\/sbi-mutual-fund\"><span style=\"font-weight: 400;\">SBI Mutual Fund<\/span><\/a><span style=\"font-weight: 400;\"> and BlackRock acquired over 6.5 percent stake in Belrise Industries for nearly \u20b9897 crore.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/ola-electric-mobility.html?id=1000009196\"><span style=\"font-weight: 400;\">Ola Electric Mobility<\/span><\/a><span style=\"font-weight: 400;\"> approved a \u20b9100 crore preference share allotment to its subsidiary.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/adani-ports.html?id=1000004116\"><span style=\"font-weight: 400;\">Adani Ports <\/span><\/a><span style=\"font-weight: 400;\">approved equity allotment for acquiring Abbot Point Port Holdings.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/ajanta-pharma.html?id=1000002809\"><span style=\"font-weight: 400;\">Ajanta Pharma<\/span><\/a><span style=\"font-weight: 400;\"> entered an in-licensing agreement with Biocon for Semaglutide across 26 countries.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Vikran Engineering secured a massive work order of \u20b92,035.26 crore for 600 MW solar power projects in Maharashtra.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source:<\/i><\/b><i><span style=\"font-weight: 400;\"> Moneycontrol, CNBC TV-18)<\/span><\/i><\/span><\/p>\n<h2><b>Other Notable Developments<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/blog\/physicswallah-ipo-review-strengths-challenges-key-numbers\/\"><b>PhysicsWallah<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Its subsidiary acquired 1.76 acres of land in Ranchi for \u20b969.5 crore to facilitate business expansion.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/endurance-technologies.html?id=1000000731\"><b>Endurance Technologies<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Reported a cybersecurity incident on its IT infrastructure. The company stated there is no material impact on core operations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Emcure Pharmaceuticals:<\/b><span style=\"font-weight: 400;\"> Received a &#8220;No Action Indicated&#8221; (NAI) status from the US FDA for its Lakhtar facility in Gujarat.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">(<\/span><\/i><b><i>Source:<\/i><\/b><i><span style=\"font-weight: 400;\"> Moneycontrol)<\/span><\/i><\/span><\/p>\n<h2><b>The Bottom Line<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Indian market is currently in a consolidation-to-bullish phase, supported by a strong domestic macro environment and a proactive central bank. While global participation remains thin due to the holidays, the 26,200 level for Nifty acts as a crucial &#8220;pivot&#8221; point. If the index sustains this level through the monthly expiry, it sets a positive technical stage for the start of 2026.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 10pt;\"><b><i>Disclaimer:<\/i><\/b><i><span style=\"font-weight: 400;\"> Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purpose only and in no way to be considered as an advice or recommendation. The securities are quoted as an example and not as a recommendation.<\/span><\/i><\/span><\/p>\n<p><span style=\"font-size: 10pt;\"><i><span style=\"font-weight: 400;\">Investors are requested to do their own due diligence before investing. Paytm Money Ltd SEBI Reg No. Broking \u2013 INZ000240532, Depository Participant \u2013 IN \u2013 DP \u2013 416 \u2013 2019, Depository Participant Number: CDSL \u2013 12088800, NSE (90165), BSE (6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi \u2013 110019. For complete Terms &amp; Conditions and Disclaimers visit: <\/span><\/i><a href=\"https:\/\/www.paytmmoney.com\/stocks\/policies\/terms\"><i><span style=\"font-weight: 400;\">https:\/\/www.paytmmoney.com\/stocks\/policies\/terms<\/span><\/i><\/a><i><span style=\"font-weight: 400;\"> .<\/span><\/i><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian equity markets opened on a steady note on Christmas Eve, with trading volumes remaining light amid a global holiday mood. Despite muted overseas cues, selective early buying in frontline stocks including Coal India, ITC, Trent, Jio Financial Services and NTPC kept the Nifty 50 trading above the key 26,200 level in morning trade. Market<a href=\"https:\/\/www.paytmmoney.com\/blog\/coal-india-itc-jio-financial-lead-early-gains-nifty-holds-above-26200-on-christmas-eve\/\">Continue reading <span class=\"sr-only\">&#8220;Coal India, ITC, Jio Financial Lead Early Gains; Nifty Holds Above 26,200 on Christmas Eve&#8221;<\/span><\/a><\/p>\n","protected":false},"author":27,"featured_media":6175,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[132,148,378,362,391,38,56,55,349,392],"class_list":["post-6174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bank-nifty","tag-bse-sensex","tag-coal-india-share-price-rise","tag-indian-stock-market-today","tag-itc-share-price","tag-nifty","tag-nifty-today","tag-sensex-today","tag-shriram-finance-share-price","tag-top-nifty-gainers"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=6174"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/6175"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=6174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=6174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=6174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}