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Power Grid Corporation of India Ltd is down for a fifth straight session today. The stock is quoting at Rs 257.65, down 0.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25705.2. The Sensex is at 83596.42, up 0.02%.Power Grid Corporation of India Ltd has lost around 1.74% in last one month.Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has eased around 2.13% in last one month and is currently quoting at 34409.3, down 0.37% on the day. The volume in the stock stood at 62.25 lakh shares today, compared to the daily average of 101.03 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 257.85, down 0.35% on the day. Power Grid Corporation of India Ltd tumbled 10.41% in last one year as compared to a 11.35% rally in NIFTY and a 5.09% spurt in the Nifty Energy index.
The PE of the stock is 15.58 based on TTM earnings ending September 25.
Shares of Steel Authority of India (SAIL) and Sammaan Capital are banned from F&O trading on 9 January 2026.
Initial Public Offer (IPO):
Bharat Coking Coal India IPO opens for subscription on 9 January 2026 to 13 January 2026. The IPO price band has been set between Rs 21 to Rs 23 per share with a lot size of 600 shares.
Result Today:
Globus Spirits, Indian Renewable Energy Development Agency (IREDA) and Tejas Networks will declare their quarterly results later today.
Stocks to Watch:
Indian energy Exchange (IEX) will be in focus today as the Electricity Appellate Tribunal (APTEL) is scheduled to hear the market coupling case on Friday, January 9 at 10:30 AM.
Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding to establish 3GW transmission project situated in Davanagere, Karnataka.
Rail Vikas Nigam (RVNL) has received a letter of award(LoA) from East Coast Railway for setting up of wagon POH workshop of 200 Nos. capacity at Kantabanji.
Sagar Cements’ board approved the offer for sale of up to 75,00,000 equity shares of face value of Rs 10 each equivalent to 8.14% of the total issued equity share capital of its subsidiary, Andhra Cements, through the stock exchange mechanism and in accordance with the OFS Guidelines.
Astra Microwave Products’ joint venture, Astra Rafael Comsys has received Rs 275.27 crore order from Indian Air Force for integration of software defined radio (SDR) and installation of network centric application (NCO) on MiG-29 aircraft.
Bharat Forge has signed a Memorandum of Understanding (MoU) with Agile Robots S.E. to jointly explore the space of AI driven robotics and intelligent industrial automatiom.
Venus Remedies has obtained marketing authorisation in Indonesia for its antibiotic combination Ceftazidime and Avibactam.
The project comprises 400 kV D/c transmission line traversing in the state of Karnataka along with associated line bays works at both ends and augmentation works (ICTs and Line Bays) at both Davangere and Bellary pooling stations.
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 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 is up for a third straight session today. The stock is quoting at Rs 270, up 1.2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 26289.4. The Sensex is at 85636.03, up 0.53%. Power Grid Corporation of India Ltd has gained around 0.58% in last one month.
Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has gained around 2.78% in last one month and is currently quoting at 35507.65, up 1.62% on the day. The volume in the stock stood at 73.79 lakh shares today, compared to the daily average of 83.89 lakh shares in last one month.
The benchmark January futures contract for the stock is quoting at Rs 271.6, up 1.17% on the day. Power Grid Corporation of India Ltd is down 14.57% in last one year as compared to a 9.52% jump in NIFTY and a 0.52% jump in the Nifty Energy index.
The PE of the stock is 16.08 based on TTM earnings ending September 25.
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.
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.