{"id":6179,"date":"2025-12-29T06:54:13","date_gmt":"2025-12-29T06:54:13","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=6179"},"modified":"2025-12-29T06:56:49","modified_gmt":"2025-12-29T06:56:49","slug":"indian-equities-open-steady-metal-stocks-advance-as-hindalco-tata-steel-take-the-lead","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/indian-equities-open-steady-metal-stocks-advance-as-hindalco-tata-steel-take-the-lead\/","title":{"rendered":"Indian Equities Open Steady: Metal Stocks Advance as Hindalco, Tata Steel Take the Lead"},"content":{"rendered":"

The Indian equity markets commenced the final week of the year on a cautious yet positive note. As of 9:21 AM on December 29, 2025, the BSE SENSEX was trading at 85,070.21, marking a marginal gain of 28.76 points (0.034%). Simultaneously, as of 9:22 AM IST on December 29, 2025, the NIFTY 50 index edged up by 9.40 points (0.036%) to stand at 26,051.70. While the indices remained largely flat, specific sectoral strengths provided a boost, with metal stocks HINDALCO and TATASTEEL emerging as the primary leaders in early trade.<\/span><\/p>\n

(<\/span><\/i>Source:<\/i><\/b> NSE<\/span><\/i><\/a>)<\/span><\/i><\/span><\/p>\n

Morning Market Dynamics: Top Gainers and Global Cues<\/b><\/h2>\n

The early session on December 29, 2025, witnessed selective risk taking across Indian equities. Despite a flat start for the broader benchmarks, the metal sector showed significant momentum. Reflecting this strength, the Nifty Metal index was trading at 10,957.65, up 151.50 points or 1.40 percent, as of 10:05 AM. The rally highlighted strong buying interest in metal stocks, with the following counters emerging as top performers.<\/span><\/p>\n

Top Nifty Gainers<\/b><\/h3>\n
\n\n\n\n\n\n\n\n\n\n
Stock Name<\/th>\nOpen (\u20b9)<\/th>\nHigh (\u20b9)<\/th>\nLTP (\u20b9)<\/th>\n% Change<\/th>\n<\/tr>\n<\/thead>\n
Hindalco<\/td>\n886.00<\/td>\n887.45<\/td>\n884.80<\/td>\n1.36%<\/td>\n<\/tr>\n
Tata Steel<\/td>\n169.51<\/td>\n171.31<\/td>\n171.20<\/td>\n1.23%<\/td>\n<\/tr>\n
TMPV<\/td>\n358.50<\/td>\n362.80<\/td>\n362.00<\/td>\n0.89%<\/td>\n<\/tr>\n
BEL<\/td>\n401.00<\/td>\n402.55<\/td>\n401.40<\/td>\n0.74%<\/td>\n<\/tr>\n
Eternal<\/td>\n281.50<\/td>\n283.80<\/td>\n283.45<\/td>\n0.60%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

(The data is compiled as of 9.23 AM)<\/span><\/i><\/span><\/p>\n

Asian markets presented a mixed bag of cues. Japan\u2019s Nikkei traded marginally lower, while South Korea\u2019s KOSPI showed better performance. Subdued volumes are expected throughout the week due to year-end holiday positioning. Furthermore, persistent selling by Foreign Institutional Investors (FIIs) and global macro uncertainties continue to act as a ceiling for the markets, though steady domestic inflows offer a sturdy floor.<\/span><\/p>\n

(<\/span><\/i>Source:<\/i><\/b> NSE<\/span><\/i><\/a>, Moneycontrol)<\/span><\/i><\/span><\/p>\n

Macroeconomic Outlook and Corporate Heavyweights<\/b><\/h2>\n

Rating agency ICRA has projected India\u2019s GDP growth to improve to 7.4% in FY2026, a significant rise from the 6.5% seen in FY2025. However, the agency warned that growth might moderate in the second half of the fiscal year. On the reserves front, the Reserve Bank of India (RBI) reported on Friday that India’s forex reserves jumped by USD 4.368 billion to reach USD 693.318 billion for the week ended December 19.<\/span><\/p>\n

(<\/span><\/i>Source:<\/i><\/b> Moneycontrol, BBC)<\/span><\/i><\/span><\/p>\n

Major Corporate Developments to Watch<\/b><\/h2>\n

Several stocks are in the spotlight today due to significant deal-making and management changes:<\/span><\/p>\n