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All the sectoral indices on the NSE were traded in green with metal, media and oil & gas shares leading the gains.
At 09:25 IST, the barometer index, the S&P BSE Sensex advanced 120.25 points or 0.14% to 84,784.93. The Nifty 50 index added 47.50 points or 0.18% to 25,985.75.
The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.45% and the S&P BSE Small-Cap index added 0.49%.
The market breadth was strong. On the BSE, 2,040 shares rose and 823 shares fell. A total of 173 shares were unchanged.
Foreign portfolio investors (FPIs) sold shares worth Rs 3,844.02 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 6,159.81 crore in the Indian equity market on 30 December 2025, provisional data showed.
Stocks in Spotlight:
Bharat Forge advanced 1.23% after the company has received a contract worth Rs 1,661.9 crore from the Ministry of Defence for the supply of 255,128 CQB carbines (5.56 x 45 mm) to the Indian Army. The contract stipulates order execution within five years.
Power Grid Corporation of India rose 0.77%. The company has been declared the successful bidder for the selection of battery energy storage developers for setting up a cumulative capacity of 2,000 MWh (1,000 MW x 2 hours) of standalone battery energy storage systems in Andhra Pradesh.
The project comprises a 150 MW/300 MWh battery energy storage system at the 400/220 kV substation at Kalikiri in Chittoor district, Andhra Pradesh.
RITES rallied 3.60% after the company has received a Letter of Award for the supply of in-service Cape gauge diesel-electric locomotives from Berhard Development Corporation, Zimbabwe. The order is valued at $3.6 million.
Numbers to Track:
The yield on India's 10-year benchmark federal paper rose 0.24% to 6.592 as compared with the previous close of 6.576.
In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 89.8800 compared with its close of 89.7500 during the previous trading session.
MCX Gold futures for 5 February 2026 settlement shed 0.60% to Rs 134,822.
The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.04% to 98.27.
The United States 10-year bond yield rose 0.05% to 4.131.
In the commodities market, Brent crude for February 2025 settlement declined 10 cents or 0.16% to $61.23 a barrel.
Global Markets:
Asia market fell on the holiday-shortened and final trading day of the year.
Markets in Hong Kong and Australia will close early for the holidays, while Japan and South Korea are shut for the day.
China’s economy ended the year on a slightly less gloomy note, as factory activity expanded in December for the first time since March, beating expectations, according to official data released Wednesday.
The official manufacturing purchasing managers index rose to 50.1 in December, higher than 49.2 reading that was recorded in November. A reading above 50 indicates expansion.
Overnight in the U.S., the S&P 500 fell modestly, notching a third consecutive losing session. The broad market index lost 0.14% and closed at 6,896.24, while the Nasdaq Composite slipped 0.24% and settled at 23,419.08. The Dow Jones Industrial Average shed 0.20% and ended at 48,367.06.
The three major averages have slumped to start the week, dragged down by losses in tech. Nvidia posted back-to-back losing sessions, as did another AI stock Palantir Technologies.
PSU Bank shares rallied in the three consecutive trading sessions.
At 11:26 ST, the barometer index, the S&P BSE Sensex advanced 274.61 points or 0.32% to 84,946.70. The Nifty 50 index jumped 116.20 points or 0.45% to 26,055.05.
The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.75%, while the S&P BSE Small-Cap index added 0.82%.
The market breadth was strong. On the BSE, 2,634 shares rose and 1,200 shares fell. A total of 219 shares were unchanged.
Buzzing Index:
The Nifty PSU bank index rallied 1.57% to 8,563.65. The index jumped 3.33% in the three consecutive trading sessions.
Punjab & Sind Bank (up 3.37%), Indian Bank (up 2.67%), Bank of Maharashtra (up 2.63%), Canara Bank (up 2.09%), UCO Bank (up 1.94%), Union Bank of India (up 1.94%), Punjab National Bank (up 1.93%), Bank of India (up 1.53%), Bank of Baroda (up 1.28%) and Indian Overseas Bank (up 1.17%) advanced.
ZF Steering Gear India surged 5.34% after the company announced that its wholly owned subsidiary, Drivesys Systems, has secured a significant order worth Rs 151 crore for its renewable energy business.
Power Grid Corporation of India rose 1.54% after the company said that it has declared a successful bidder for the 2,000 MWh battery energy storage project.
Asia market traded mixed on the holiday-shortened and final trading day of the year.
As part of the mandate, PowerGrid will set up a 150 MW/300 MWh standalone battery energy storage system at the 400/220 kV substation at Kalikiri in Chittoor district, Andhra Pradesh. The facility will be located at a selected APTRANSCO substation and is aimed at enhancing grid flexibility and reliability.
The letter of award was received by PowerGrid on 29 December 2025. The battery energy storage system is expected to support on-demand power requirements and improve the integration of renewable energy into the grid, while also strengthening the overall transmission infrastructure in Andhra Pradesh.
The Power Grid Corporation of India was established by the Government of India (GoI) as the central transmission utility of India. The company is a 'Maharatna' firm under the Ministry of Power, GoI.
The company’s consolidated net profit fell 5.98% to Rs 3,566.08 crore despite a 1.76% increase in revenue from operations to Rs 1,147.59 crore in Q2 FY26 over Q2 FY25.
Power Grid Corporation of India Ltd rose for a fifth straight session today. The stock is quoting at Rs 268.35, up 0.11% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.39% on the day, quoting at 26039.75. The Sensex is at 85032.85, down 0.44%. Power Grid Corporation of India Ltd has dropped around 1.95% in last one month.
Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has dropped around 1.59% in last one month and is currently quoting at 35095.1, up 0.26% on the day. The volume in the stock stood at 9.45 lakh shares today, compared to the daily average of 93.2 lakh shares in last one month.
The benchmark December futures contract for the stock is quoting at Rs 268.65, up 0.09% on the day. Power Grid Corporation of India Ltd is down 13.27% in last one year as compared to a 9.35% gain in NIFTY and a 0.42% gain in the Nifty Energy index.
The PE of the stock is 16.15 based on TTM earnings ending September 25.
Power Grid Corporation of India Ltd is up for a third straight session in a row. The stock is quoting at Rs 268.5, up 1.32% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.05% on the day, quoting at 26186.55. The Sensex is at 85580.54, up 0.02%. Power Grid Corporation of India Ltd has dropped around 2.65% in last one month.
Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has dropped around 0.48% in last one month and is currently quoting at 35025.45, up 0.66% on the day. The volume in the stock stood at 47.09 lakh shares today, compared to the daily average of 114.29 lakh shares in last one month.
The benchmark December futures contract for the stock is quoting at Rs 269.05, up 1.32% on the day. Power Grid Corporation of India Ltd is down 13.42% in last one year as compared to a 10.36% spurt in NIFTY and a 0.49% spurt in the Nifty Energy index.
The PE of the stock is 15.96 based on TTM earnings ending September 25.
The project comprises 765 kV D/c transmission lines traversing in the states of Odisha & Andhra Pradesh along with associated line bays and reactors works at both ends.
The Power Grid Corporation of India was established by the Government of India (GoI) as the central transmission utility of India. The company is a 'Maharatna' firm under the Ministry of Power, GoI. As of 30 September 2025, the Government of India owned a 51.34% stake in the company.
The company’s consolidated net profit fell 5.98% to Rs 3,566.08 crore despite of 1.76% increase in revenue from operations to Rs 1,147.59 crore in Q2 FY26 over Q2 FY25.
The counter shed 0.53% to Rs 260.90 on the BSE.