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The Income Tax Department has advised taxpayers to evaluate and make any necessary revisions to their income-tax returns (ITRs) as the deadline of December 31 draws near, emphasising that prompt changes can help prevent future disputes, penalties, and extended scrutiny.

The advice is a component of the department’s data-driven “NUDGE” campaign for the 2025–2026 evaluation year.

KPI Green gets notification of an award for a green hydrogen project worth ₹128.5 cr from NTPC

According to Sonthalia, Emkay Investment Managers is concentrating on the upscale end of discretionary spending, where brand relevance is still high in a few categories. He pointed out that while brand salience is declining in a number of other consumer categories, it is essentially unchanged in the automotive, jewellery, and real estate industries. “Our focus is on premium discretionary,” he stated.

These are some of the biggest volume-based movers among the Nifty 500 stocks (higher than the 10-day average).

The Nifty Bank index has fallen close to 300 points from the day’s highs.

The shares of Muthoot Finance rose amid a rise in gold prices, hitting record high.

The shares of Vikran Engineering surged by over 10% post receipt of ₹2,000 crore for a 600 MW order.

On Wednesday, December 24, global commodities and precious metals like gold and silver continued to reach new highs. In the futures market, gold prices surpassed $4,500 per ounce, while silver prices reached $72 per ounce.

Following BP’s agreement to sell Stonepeak a 65% stake in Castrol at an enterprise value of $10 billion, Castrol India shares have increased by more than 8%.

According to BP, an agreement has been reached to sell a 65% stake in Castrol, resulting in net proceeds of around $6 billion, including accelerated dividend payments. The entire proceeds will go towards lowering net debt.

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

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