{"id":6184,"date":"2025-12-30T05:37:44","date_gmt":"2025-12-30T05:37:44","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=6184"},"modified":"2025-12-30T05:40:06","modified_gmt":"2025-12-30T05:40:06","slug":"shriram-finance-and-hindalco-lead-nifty-as-benchmarks-slip-marginally-at-open","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/shriram-finance-and-hindalco-lead-nifty-as-benchmarks-slip-marginally-at-open\/","title":{"rendered":"Shriram Finance and Hindalco Lead Nifty as Benchmarks Slip Marginally at Open"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Indian stock market started Tuesday with a slight dip as global cues influenced domestic sentiment. Investors observed a minor pullback in the primary indices, yet the morning session remained active with significant participation in specific sectors. While the benchmarks traded in the red, individual stocks like Shriram Finance and Hindalco rose against the tide to lead the market opening.<\/span><\/p>\n<h2><b>Morning Market Pulse: SENSEX and NIFTY Update<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">As of Dec 30, 9:40 AM IST, the BSE SENSEX was trading at 84,620.37, marking a decrease of 75.17 points (0.089%) for the day. Shortly after, at 9:41 AM IST, the NIFTY 50 followed a similar trajectory, trading at 25,918.65 with a decline of 23.45 points (0.090%).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite this soft start, the domestic currency provided a positive note. At 09:01 IST, the Indian Rupee opened marginally higher at \u20b989.93 per dollar, gaining slightly against Monday&#8217;s close of \u20b989.98.<\/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\/live-market-indices\"><i><span style=\"font-weight: 400;\">NSE<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">, Xe)<\/span><\/i><\/span><\/p>\n<h2><b>Top Nifty Gainers: Shriram Finance and Hindalco Lead<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Early trade was dominated by stock-specific action. As of 9:36 AM IST, the following companies led the gains on the Nifty index:<\/span><\/p>\n<div style=\"overflow-x: auto;\">\n<table style=\"width: 100%; border-collapse: collapse; text-align: left; font-family: Arial, sans-serif; border: 1px solid #ddd;\">\n<thead>\n<tr style=\"background-color: #f2f2f2;\">\n<th style=\"padding: 12px; border: 1px solid #ddd;\">Stock Name<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd;\">Open (<span style=\"font-weight: 400;\">\u20b9<\/span>)<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd;\">LTP (<span style=\"font-weight: 400;\">\u20b9<\/span>)<\/th>\n<th style=\"padding: 12px; border: 1px solid #ddd;\">% Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/shriram-finance-limited.html?id=1000009639\" target=\"_blank\" rel=\"noopener\">SHRIRAMFIN<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">960.95<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">970.65<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #008000; font-weight: bold;\">1.59%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/hindalco-industries.html?id=1000004194\" target=\"_blank\" rel=\"noopener\">HINDALCO<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">868.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">869.90<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #008000; font-weight: bold;\">0.57%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/bharat-electronics.html?id=1000005516\" target=\"_blank\" rel=\"noopener\">BEL<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">395.80<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">395.20<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #008000; font-weight: bold;\">0.50%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/tata-motors.html?id=1000000115\" target=\"_blank\" rel=\"noopener\">TMPV<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">358.60<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">360.30<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #008000; font-weight: bold;\">0.47%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding: 12px; border: 1px solid #ddd;\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/adani-ports.html?id=1000004116\" target=\"_blank\" rel=\"noopener\">ADANIPORTS<\/a><\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">1,450.00<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd;\">1,458.90<\/td>\n<td style=\"padding: 12px; border: 1px solid #ddd; color: #008000; font-weight: bold;\">0.31%<\/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\/live-market-indices\"><i><span style=\"font-weight: 400;\">NSE<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">)<\/span><\/i><\/span><\/p>\n<h2><b>Global Sentiment: Precious Metals and Asian Markets<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Asian shares slipped on Tuesday morning, largely tracking a technology sector slump on Wall Street. In the commodities space, gold and silver appear to be consolidating. This follows a sharp pullback from record highs that removed some of the speculative froth from the market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Silver managed to stay above the critical $71 per ounce mark after a brutal 9% plunge in the previous session. Meanwhile, gold hovered near $4,340 an ounce after shedding 4.4%. This correction was driven by technical factors rather than weakening fundamentals, as momentum reached overbought levels.<\/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;\"> Yahoo Finance)<\/span><\/i><\/span><\/p>\n<h2><b>Corporate News and Strategic Deals<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Several major companies made headlines this morning with significant business developments:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/hindalco-industries.html?id=1000004194\"><b>Hindalco<\/b><\/a><b> &amp; Novelis:<\/b><span style=\"font-weight: 400;\"> Novelis, a subsidiary of Hindalco, raised $750 million through a share subscription with AV Minerals. The deal involves the purchase of 5,000,000 common shares at $150 per share.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/bharat-electronics.html?id=1000005516\"><b>Bharat Electronics<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> The company secured additional orders worth \u20b9569 crore since December 12 for various defence and security equipment.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/lupin.html?id=1000000251\"><b>Lupin<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> A strategic agreement was signed with China based Gan &amp; Lee Pharmaceuticals for Bofanglutide, a drug used for type 2 diabetes and weight management.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/rail-vikas-nigam.html?id=1000005645\"><b>Rail Vikas Nigam (RVNL)<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Emerged as the lowest bidder for a \u20b9201.23 crore project from East Coast Railway to set up a wagon workshop at Kantabanji.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/indian-overseas-bank.html?id=1000001784\"><b>Indian Overseas Bank<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> The RBI has granted permission for the bank to set up an IFSC Banking Unit in GIFT City, 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>IPO Pipeline and Market Listings<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The primary market continues to show strength as SEBI issued observations for four companies to launch their Initial Public Offerings (IPOs) within the next year:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Varmora Granito (Observation issued Dec 15)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Shivalaya Construction (Observation issued Dec 24)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Behari Lal Engineering (Observation issued Dec 24)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Knack Packaging (Observation issued Dec 26)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">On the listing front, Gujarat Kidney &amp; Super Speciality debuted on the Mainboard today. The SME segment saw listings from Shyam Dhani Industries, Sundrex Oil Company, and Dachepalli Publishers.<\/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;\"> Moneycontrol, Rediff Money)<\/span><\/i><\/span><\/p>\n<h2><b>Key Bulk Deals, Announcements and Leadership Changes<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Activity in the bulk deal segment remained high:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Entero Healthcare Solutions:<\/b><span style=\"font-weight: 400;\"> Capital Group\u2019s Smallcap World Fund sold shares worth \u20b9215.6 crore, while ICICI Prudential Mutual Fund acquired a 5.01% stake.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/birlanu-limited.html?id=1000002769\"><b>Birlanu<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Promoter Birla Chandrakant acquired a massive 38.83% stake for \u20b9444.3 crore.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/bse\/mangalam-drugs-&amp;-organics.html?id=1000001852\"><b>Mangalam Drugs<\/b><\/a><b>:<\/b><span style=\"font-weight: 400;\"> Ace investor Vijay Kedia picked up a 0.87% stake via Kedia Securities.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In leadership updates, <\/span><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/waaree-energies.html?id=1000009455\"><span style=\"font-weight: 400;\">Waaree Energies<\/span><\/a><span style=\"font-weight: 400;\"> announced that CEO Amit Paithankar will resign in May 2026, with Jignesh Rathod named as the CEO Designate. Additionally, <\/span><a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/kotak-bank.html?id=1000000922\"><span style=\"font-weight: 400;\">Kotak Mahindra Bank<\/span><\/a><span style=\"font-weight: 400;\"> has fixed January 14 as the record date for its highly anticipated stock split.<\/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;\"> Moneycontrol)<\/span><\/i><\/span><\/p>\n<h2><b>Sectoral Highlights<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Energy:<\/b> <a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/ntpc.html?id=1000005608\"><span style=\"font-weight: 400;\">NTPC Green Energy<\/span><\/a><span style=\"font-weight: 400;\"> commenced operations for part of the Khavda-I Solar PV project, bringing its total group capacity to 8,010.28 MW.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Infrastructure:<\/b> <a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/afcons-infrastructure-ltd.html?id=1000009478\"><span style=\"font-weight: 400;\">Afcons Infrastructure<\/span><\/a><span style=\"font-weight: 400;\"> achieved a tunnel breakthrough in Navi Mumbai and expects to finish the Hetawane Water Supply project six months early.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>FMCG:<\/b> <a href=\"https:\/\/www.paytmmoney.com\/equities\/company\/nse\/cupid.html?id=1000008888\"><span style=\"font-weight: 400;\">Cupid<\/span><\/a><span style=\"font-weight: 400;\"> received approval to establish its first overseas manufacturing facility in Saudi Arabia to target the GCC region.<\/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 Bottomline<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Overall, the early trade reflected a neutral but orderly market, with investors favouring stock-specific opportunities over aggressive index positioning. Gains in Shriram Finance and Hindalco, stable currency movement, and active corporate developments set the tone for a session likely to remain range-bound, barring fresh global triggers.<\/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;\">\u00a0<\/span><\/i><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Indian stock market started Tuesday with a slight dip as global cues influenced domestic sentiment. Investors observed a minor pullback in the primary indices, yet the morning session remained active with significant participation in specific sectors. While the benchmarks traded in the red, individual stocks like Shriram Finance and Hindalco rose against the tide<a href=\"https:\/\/www.paytmmoney.com\/blog\/shriram-finance-and-hindalco-lead-nifty-as-benchmarks-slip-marginally-at-open\/\">Continue reading <span class=\"sr-only\">&#8220;Shriram Finance and Hindalco Lead Nifty as Benchmarks Slip Marginally at Open&#8221;<\/span><\/a><\/p>\n","protected":false},"author":27,"featured_media":6185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[418,148,416,42,415,127,419,311,417,420,392],"class_list":["post-6184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-adani-ports","tag-bse-sensex","tag-hindalco","tag-indian-stock-market","tag-market-opening","tag-nifty-50","tag-ntpc","tag-shriram-finance","tag-stock-specific-action","tag-tata-motors-share-price","tag-top-nifty-gainers"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6184","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=6184"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/6185"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=6184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=6184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=6184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}