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Sensex Today | Stock Market LIVE Updates: bp to sell a 65% stake in Castrol to Stonepeak; Castrol India shares up 7.5%

Published on 24/12/2025 01:04 PM

Sudeep Shah, Head of Technical and Derivative Research, SBI Securities

The shares of Castrol India rose over 8% after bp said it will sell its stake in the company.

Muthoot Finance stock is currently up 81% so far in 2025, surpassing the 78% return it produced in 2014 and providing the highest calendar year return since its launch in 2011.

 

GCC agrees to decouple Investment pact talks from FTA with India, India’s talks with GCC Bloc for a Bilateral Investment Treaty (BIT) at an advanced stage

L&T has bagged a major order from Maharashtra’s MMRDA.

The Mumbai metro railway project, Package CA-298, awarded by the Mumbai Metropolitan Region Development Authority (MMRDA), is for the electrification of the 24.72 km-long “Line 4” that runs between Bhakti Park in Wadala to Cadbury junction, having 22 elevated stations.

 

Popular Vehicles | Arm Gets Three LoIs From AUDI India For Retail Ops Across Telangana & AP

Hindustan Copper hits record high, up over 5% in trade as Copper prices continue to rally

The shares of VIP rose after a large trade, with a reported sale of stakes by the Piramal Family.

Market off intra-day highs; Nifty breaches 26,200, with Sun Pharma being the top Nifty loser; Coforge, Persistent Sys, and Mphasis are some of the top Midcap IT stocks dragging the index down.

 

The Nifty Midcap 100 index has fallen over 200 points from the day’s high to turn negative.

Jay Thakkar of ICICI Securities

On Tata Power

According to Prashant Mathur, CEO of solar panel manufacturer Saatvik Green Energy, India’s solar market is expected to witness more than 50 gigawatts (GW) of installations this year, more than previous year, thanks to consistent domestic demand and excellent execution in the second half of the fiscal year.

 

Chandan Taparia of Motilal Oswal Financial Services

Julius Baer’s Mark Matthews predicts 16–18% earnings growth for the Nifty, claiming that India will profit from the delayed effects of tax and interest rate decreases along with a comparatively low base. As investors throughout the world want to diversify away from crowded mega-cap technology,

 

Benchmark 10-year bond yields -8 bps

Biggest decline Aug. 14

RBI announces :

Measures to boost the banking system liquidity

To calm rising bond yields

Government bond purchases and a foreign-exchange swap

To buy 2 trillion rupees of bonds in 4 tranches over Dec & Jan

To conduct a $10 billion foreign-exchange swap in Jan

So far in 2025 :

RBI has injected Rs 6.5 lakh Cr through Open Market bond purchases

Highest annual amount on record

RBI steps in as :

Seasonal factors, such as Tax outflows and RBI FX interventions, weighed on liquidity

To reinforce the impact of recent rate cuts

Companies receive income tax and GST notices from Indian tax authorities mostly when inconsistencies appear between filings, third-party data, and transaction records. Rather than accusing misconduct, these notices, which are frequently generated by the system, ask for clarifications or more information.

Travellers are frequently tempted to fill their shopping bags with handcrafted trinkets or the newest technology thanks to Thailand’s vibrant marketplaces and opulent malls.

 

Crompton | Bags Order Worth ₹46 Cr From MSEDCL

Bharat Dynamics in focus

Akash missile (Akash-NG) system trial was successful by DRDO

The shares of Sula rose by over 7% ahead.

According to Kumar Rakesh of BNP Paribas, the Department of Homeland Security’s new H-1B visa regulations, which were announced on Tuesday night, will have very little effect because Indian IT companies are currently only exposed to a small number of basis points.

 

India’s leading IT services companies seem to be significantly less vulnerable to changes in visa policy than in prior cycles, despite the US moving towards a tighter, wage-weighted H-1B visa regime. This is because the majority of these companies now primarily rely on localised US workforces.

 

Apollo Hosp gets observation letter with ‘No Objections’ from NSE for demerger

 

Manappuram Fin surges 6% as gold extends record run

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