These 10 Stocks Could See Action Today—Are You Watching Them?

Today’s stock market: On Friday, December 26, the Indian stock market finished down due to persistent selling pressure that affected mood in the lack of new clues and amid conflicting signals from across the world.

Market Closing Summary

The Nifty 50 lost 100 points, or 0.38%, to close at 26,042.30, while the Sensex shed 367 points, or 0.43%, to conclude at 85,041.45.

Benchmark indexes saw slight increases over the week despite the Friday dip. For the week ending December 26, the Nifty 50 gained 0.30%, ending its three-week losing skid, while the Sensex gained 112 points, or 0.13%, ending a two-week losing trend.

Weekly Market Performance

Friday, December 26, saw a decline in benchmark stock indexes as investor confidence was negatively impacted by profit booking during a week that was cut short due to the holiday and ongoing FII selling. The Nifty fell 99.80 points, or 0.38%, to conclude at 26,042.30, while the Sensex fell 367.25 points, or 0.43%, to settle at 85,041.45. Despite the muted conclusion, the Nifty and Sensex both saw weekly gains of around 0.4%, positioned to end a three-week losing skid thanks to strength in metal stocks on strengthening demand signals from China, a weaker US currency, and a steady forecast for U.S. growth, according to brokerage firm Bajaj Broking.

 

Stocks to keep an eye on

In light of this, the following list of stocks might be of interest to investors and are probably going to see some activity today.

Coforge

In order to improve its internal artificial intelligence capabilities and increase its presence in the US and Latin American markets, IT services business Coforge announced intentions to purchase AI startup Encora for an enterprise value of $2.35 billion.

National Bank of Punjab

The Reserve Bank of India (RBI) was notified on Friday by the state-run Punjab National Bank (PNB) of a ₹2,434 crore borrowing scam connected to the erstwhile founders of SREI Equipment Finance (SEFL) and SREI Infrastructure Finance (SIFL).

 

Vikran Technologies

MP Urja Vikas Nigam Ltd. has awarded Vikran Engineering contracts to create grid-connected solar power projects totaling 45.75 MW (AC) in Madhya Pradesh.

The NBCC

In an agreement with the Delhi government, NBCC (India) will purchase a 21.23-acre plot of land in South Delhi. The company plans to build a mixed-use real estate project on the property, with an estimated ₹8,500 crore in income.

The Vedanta

Vedanta Ltd. (Cairn Oil & Gas Division) has received a conditional “No Objection Certificate” from the Andhra Pradesh government to drill 20 onshore wells in the Krishna area.

Solutions for Solar World Energy

NTPC Renewable Energy Limited has awarded Solar World Energy Solutions an EPC contract for around ₹725.33 crore to build a 250 MWac grid-connected solar photovoltaic plant.

Lloyds Businesses

In order to settle the outstanding balance for the conversion of its Lloyds Metals and Energy warrants, the business has inked loan arrangements to receive financial assistance of ₹361 crore.

The Timex Group

On December 29–30, promoter Timex Group Luxury Watches BV will hold an offer-for-sale (OFS) to sell an 8.93% share in the business.

India’s Ceigall

The National Highways Authority of India has granted a provisional certificate to Ceigall India’s subsidiary for a Punjabi highway project.

Shipping in the Great East

An independent third party will purchase Great Eastern Shipping’s massive gas carrier, Jag Vishnu.

Nifty 50, Sensex today: What to anticipate from the December 29 trading of the Indian stock market

Trade Setup for December 29

Due to current geopolitical indications, the key indexes of the Indian stock market, the Sensex and Nifty 50, are expected to start neutral or slightly positive on Monday, December 29.

The Gift Nifty trends show that the Indian benchmark index is off to a good start. The Gift Nifty was trading around to the 26,100 mark, up 20.50 points, or 0.8%, from the previous closing of the Nifty futures.

Market Recap

Due to ongoing selling pressure, a lack of new triggers, and conflicting global indications, the Indian stock market finished Friday, December 26, on a negative note. The Nifty 50 lost 100 points, or 0.38%, to end at 26,042.30, while the Sensex declined 367 points, or 0.43%, to conclude at 85,041.45.

The benchmarks had slight increases for the week despite the poor closure. The Nifty 50 gained 0.30% for the week ending December 26, halting a three-week decline, while the Sensex gained 112 points, or 0.13%, to stop a two-week losing streak.

 

Analyst Commentary

“After two sessions of range-bound action, markets saw a little fall and fell by over half a percent, continuing the ongoing consolidation despite low volumes in the week truncated by the vacation. The Nifty began the session steadily before progressively declining, testing 26,000, and ultimately settling at 26,042.30.

The majority of indexes ended in the red, with IT, finance, and autos emerging as the leading laggards. Sectoral performance stayed in line with the benchmark. Ajit Mishra, SVP, Research, Religare Broking Ltd., said that the larger markets followed the benchmark and ended flat to slightly positive, indicating cautious involvement.

What to anticipate from the Sensex, Nifty 50, and Bank Nifty today is as follows:

Sensex Forecast

Due to minimal participation and selective selling of heavyweight firms, the Sensex closed the week at 85,041, stabilizing just below all-time highs.

“The index continues to find good support at the 84,800–84,500 zone, indicating institutional accumulation on falls,” said Ponmudi R, CEO of Enrich Money. In the next weeks, a strong closing above the 85,500–85,800 range might open up to 86,500–86,500.

Nifty OI Information

Ponmudi R went on to say that the posture of the derivative market still reflects a steady but cautious attitude.

“While call writing is still focused in the 26,200–26,300 region, essentially restricting immediate gains, open interest data shows considerable put accumulation around the 26,000 strike, reaffirming it as a critical near-term support zone. According to R, “this OI configuration indicates a range-bound setup in the short term, with a strong breakthrough above the call-heavy zone necessary to herald the next directional move and increase risk appetite.”

Nifty 50 Forecast

The Nifty 50 maintained respect for its long-term ascending channel on the daily chart, closing the week at 26,042. According to analysts, the index is still safely above the 20-day EMA cluster, maintaining the medium-term bullish structure.

“The general bias is favorable as long as Nifty stays above the 26,000–25,900 support zone. In early 2026, a clear breakthrough over the 26,200–26,300 resistance band might spur new impetus above 26,500–26,800, while a temporary decline into 25,800, if seen, is more likely to draw purchasing interest than signal structural weakness, according to R.

Forecast for the Bank Nifty

The Bank Nifty index finished at 59,011 on Friday, and experts say it is still well supported above its rising channel and significant moving averages.

“Remaining above the 58,800–59,000 range maintains an optimistic view and paves the way for a climb above 60,000–60,500, propelled by increased confidence over credit expansion and favorable liquidity circumstances. While the overall uptrend is still in place, a pesister drop below the 58,000–58,500 range would suggest short-term weakness, R continued.

Disclaimer: This article is for informational purposes only. Stock market data may change rapidly. Readers are advised to verify information from official sources and charts before making any investment decisions.