The Indian stock market spent much of Wednesday in “wait-and-watch” mode ahead of the US Federal Reserve’s policy outcome, but that didn’t stop a clutch of stocks from delivering eye-catching gains across the NSE and BSE. While the Sensex and Nifty 50 hovered near flatline levels around midday, action in select infrastructure, financials, metals and freshly listed IPOs was anything but quiet. [1]
Below is a news‑style roundup of today’s biggest gainers on the Indian stock market (10 December 2025) , along with the key triggers, analyst commentary and technical forecasts shaping sentiment.
Market snapshot: Indices flat, stock‑specific fireworks
By around 12:00 PM IST, the BSE Sensex was trading near 84,645, down about 0.03%, while the Nifty 50 was almost unchanged around 25,839. The broader market was weaker, with the Nifty MidCap and Nifty SmallCap indices slipping about 0.4% and 0.25% respectively. [2]
Sectorally, metals, autos and realty outperformed (metals up ~1%, auto up ~0.8%), while IT and PSU banks remained a drag. [3]Energy counters like Reliance Industries, Mahanagar Gas and Indian Oil were also among the notable gainers intraday as foreign flows continued to favor energy and telecom. [4]
This stock‑specific churn came against a cautious global backdrop and a domestic market that analysts describe as weak but oversold , with traders closely watching Fed commentary and index support levels before taking aggressive positions. [5]
Note:All price movements and percentages below areintraday data as of late morning / midday IST on 10 December 2025and may differ from closing levels.
Top Nifty 50 gainers today: Eicher Motors, HDFC Life, Hindalco lead
On the large‑cap front, the biggest gainers on the Nifty 50 were relatively modest movers in percentage terms but still stood out in an overall muted index session. According to ET Now’s live gainers table, the top performers on the Nifty 50 included: [6]
- Eicher Motors Ltd – around ₹7,244, up 1.7% , with volumes above 3 lakh shares.
- HDFC Life Insurance Company Ltd – about ₹772.5, up 1.26% .
- Hindalco Industries Ltd – near ₹823, up 1.24% , supported by firm base‑metal sentiment.
- Adani Ports & SEZ Ltd – around ₹1,512, up 0.99% .
- Mahindra & Mahindra Ltd – near ₹3,671.6, up 0.98% .
- NTPC Ltd – ~₹322.8, up 0.92% .
- Reliance Industries Ltd – ~₹1,542.4, up 0.85% , echoing broader strength in energy names.
These frontline stocks outperformed the headline indices and drew steady institutional interest, but the truly eye‑popping moves today were in the broader market – particularly infrastructure, financials and fresh IPOs.
Big movers in the broader market
1. Highway Infrastructure: Double‑digit spike on ₹329‑crore NHAI contract
Highway Infrastructure Ltd was one of today’s biggest percentage gainers , with the stock climbing as much as 12.98% intraday to around ₹70.15 before cooling off to still trade nearly 3.9% higher at about ₹64.48 by noon. [7]
The trigger:
- The company announced it had received a Letter of Acceptance (LoA) worth roughly ₹329 crore from the National Highways Authority of India (NHAI) for operating the Kaza Fee Plaza on the Chilakaluripet–Vijayawada section of NH‑16 in Andhra Pradesh, including toll collection, upkeep of associated infrastructure and maintenance of toilet blocks. [8]
The one‑year contract reinforces Highway Infrastructure’s position as a toll‑operations specialist and builds on its strong IPO debut earlier this year, when the stock listed at a 60%+ premium to the issue price. [9]
Why it matters:
- The order adds revenue visibility in a segment (toll operations) that provides relatively stable cash flows.
- It also underlines sustained government spending on road infrastructure – a thematic positive for the broader infrastructure pack.
2. Sammaan Capital: 9% intraday jump on CCI green light for Avenir stake buy
Sammaan Capital Ltd , an upper‑layer NBFC focused on mortgages and MSME lending, rallied up to 9% intraday to ₹154.35 on the BSE after a key regulatory approval. [10]
Key development:
- The Competition Commission of India (CCI) approved a proposal by Avenir Investment RSC Ltd , a special purpose vehicle controlled by Abu Dhabi‑based International Holding Company PJSC (IHC) , to acquire a controlling stake in Sammaan Capital.
- IHC had earlier agreed to invest about $1 billion (~₹8,850 crore) into the company. [11]
By around 10:27 AM, the stock had given up some gains but still traded higher than previous close, with a market capitalization near ₹12,000 crore and a 52‑week range of ₹97.8–₹192.9. [12]
Why it matters:
- Fresh capital from a large global investor strengthens the balance sheet , potentially supporting growth in retail and MSME lending.
- The deal also positions Sammaan Capital more prominently among India’s non-bank lenders and signals continued foreign interest in Indian credit platforms.
3. AU Small Finance Bank: New high on FDI limit hike and bullish brokerage calls
AU Small Finance Bank (AU SFB) hit a fresh high of around ₹1,007.65 , rising about 4% intraday on the BSE. [13]
Main drivers:
- The Finance Ministry has raised the foreign investment limit in the bank from 49% to 74% , aligning it with the cap for private‑sector banks. [14]
- Business Standard notes that the stock has rallied about 6% in the last two sessions , ~31% in six months and roughly 77% year‑to‑date , dramatically outperforming the Sensex. [15]
Brokerage commentary:
- Motilal Oswal expects AU SFB to deliver 23–24% loan growth (CAGR) over FY26–28 and around 34% earnings CAGR , supported by strong secured lending segments (vehicle finance, mortgages, commercial banking) and improving asset quality.
- The brokerage reiterates the stock as a preferred mid‑cap banking pick and pegs a target price of ₹1,100 , implying further upside from current levels. [16]
Why it matters:
- The higher FDI cap opens more room for foreign investors (FPIs and FIIs), potentially improving liquidity and helping capital-raising plans.
- The bank is seen as a structural growth story in small‑ticket, secured lending , and today’s price action reflects that narrative.
4. Hindustan Zinc: Riding record silver prices
Shares of Hindustan Zinc Ltd rallied about 4.5% intraday to around ₹512.95 on the BSE, making it one of the notable gainers in the NSE top gainers list as well (up nearly 3.9% at around ₹510.8 on Mint’s NSE screen). [17]
The catalyst is global, not local:
- Silver prices surged past $60 per ounce , hitting a record high amid expectations of further US Federal Reserve rate cuts and continued supply tightness. [18]
- Hindustan Zinc is India’s only listed pure‑play silver producer , with silver contributing about 40–45% of its EBIT , making the stock highly sensitive to the metal’s price swings. [19]
Brokerage view (Emkay, as cited by ET):
- If current zinc and silver prices sustain, Hindustan Zinc’s EBITDA could climb from ~₹17,400 crore in FY25 to around ₹22,000 crore by FY27 , with margins expanding from 53% to 57%. [20]
Why it matters:
- The stock is a direct way to play the silver rally on the Indian market.
- Stronger profitability at Hindustan Zinc also supports parent Vedanta Ltd , which derives a large chunk of its EBITDA from the miner.
5. Meesho: One of 2025’s strongest IPO debut
SoftBank‑backed e‑commerce platform Meesho delivered one of the standout performances on Dalal Street today , with a stellar listing and strong follow‑through gains.
Key listing details:
- The stock listed at ₹162 per share on the NSE , a 46% premium over the IPO issue price of ₹111. On the BSE, it debuted at ₹161.20 , about 45% higher than issue price. [21]
- Post‑listing, Meesho’s share price moved further up to around ₹172–173 , taking total gains to roughly 60% from the IPO price , according to multiple live‑blog and news updates. [22]
Analyst and brokerage take:
- Choice Equity Broking has initiated coverage with a ‘Buy’ rating and a target price of ₹200 , valuing Meesho at about 4x FY28E EV/Revenue . The brokerage expects 31% revenue CAGR between FY25–28 and sees EBITDA turning positive by FY27 as unit economics improve. [23]
- The note highlights Meesho’s deep penetration in Tier‑II/III cities , asset‑light logistics model (via Valmo) and focus on value‑conscious consumers as key structural moats. [24]
- At the same time, experts like Swastika Investmart’s Shivani Nyati caution that investors should watch out for intense competition, regulatory scrutiny around discounting, and the challenge of sustaining profitability . Some analysts suggest booking partial profits while holding a core position for the long term. [25]
Why it matters:
- Meesho’s successful listing reaffirms investor appetite for high‑growth digital platforms and keeps IPO momentum strong heading into 2026.
- With the stock already trading well above issue price, the debate now shifts from “listing pop” to execution, profitability and long‑term growth .
6. NSE top gainers: Jyoti CNC, Welspun Living, MMTC, Balrampur Chini, Navin Fluorine
Mint’s NSE Top Gainers page (all segments) shows several mid‑ and upper mid‑cap names delivering 5–7% intraday returns by around 12:10 PM IST: [26]
- Jyoti CNC Automation – up 6.58% at around ₹991.20.
- Welspun Living – up 6.41% near ₹140.29.
- MMTC – up 5.31% at about ₹56.52.
- Balrampur Chini Mills – up 5.02% around ₹437.25, continuing momentum in sugar names.
- Navin Fluorine International – up 4.22% to roughly ₹5,948.
- Hindustan Zinc , AU Small Finance Bank , EID Parry , Chennai Petroleum and others also feature with 2–4% gains , reinforcing the day’s tilt toward cyclicals, specialty chemicals and select financials. [27]
7. BSE ‘B’ group rockets: Sheetal Cool Products & friends
In the more volatile ‘B’ group on the BSE, several small‑cap counters saw double‑digit moves : [28]
- Sheetal Cool Products Ltd – biggest gainer , surging 18.61% to around ₹267.1, with trading volumes many times higher than its one‑month average.
- Aksh Optifibre Ltd – up 13.83% to around ₹7.08.
- Tips Films Ltd – gained 13.48% near ₹430.65.
- TV Vision Ltd – climbed 12.59% to about ₹6.44.
- State Trading Corporation of India Ltd – advanced 11.51% to roughly ₹124.
These moves underline the risk‑on pockets in micro‑ and small‑caps , even on a day when headline indices are broadly directionless.
What technicals and derivatives say about Nifty & Bank Nifty
Alongside stock‑specific news, traders are closely tracking index levels and derivatives positioning to gauge the next leg of market direction.
Nifty 50: Weak but oversold, key levels at 25,500–26,200
Technical and derivatives analysts, quoted across ET Now and Mint, broadly highlight the following for Nifty 50 : [29]
- Nifty recently formed a small negative / Doji‑like candle on the daily chart, signaling indecision after a decline .
- The underlying trend is weak , but there are signs of a potential short‑term bottom if the index can sustain above crucial support zones.
- Immediate support is seen around 25,700 , with a stronger band between 25,500–25,300 .
- Heavy call open interest is concentrated at 26,000 , making it a stiff resistance , while options data show substantial put OI at 25,500 , hinting at strong support.
- Analysts see potential upside towards 26,100–26,200 , and possibly up to ~26,325, but caution that any bounce into this zone could trigger profit-booking .
Bank Nifty: Uptrend intact, but “sell on rise” in the short term
For Bank Nifty , which closed Tuesday around 59,222, analysts flag: [30]
- A bullish daily candle with minor upper shadow , implying buying support after early weakness.
- However, near term sentiment has turned into “sell on rise” as traders book profits at higher levels.
- Key support is placed near 58,900–58,700 , while resistance lies around 59,600–59,700 .
- A break below support could deepen the correction towards 58,300–58,000 , whereas a sustained move above the resistance band could reopen the path toward 60,000–60,100 .
Bigger picture: What today’s gainers are telling investors
Putting all the action together, several themes stand out from today’s biggest gainers on the Indian stock market:
- News‑driven breakouts dominate
- Highway Infrastructure’s NHAI win, Sammaan Capital’s CCI approval, AU SFB’s FDI limit hike and Meesho’s IPO debut show that stock‑specific catalysts are driving outsized returns, even in a rangebound market. [31]
- Cyclicals and infrastructure remain in favor
- Gains in roads, metals, sugar and specialty chemicals – from Highway Infrastructure and Hindustan Zinc to Balrampur Chini and Navin Fluorine – point to ongoing interest in cyclical and capex-linked stories . [32]
- Financials continue to attract structural capital
- AU SFB and Sammaan Capital’s rallies reinforce the narrative that financials, especially niche lenders , are seeing robust foreign and strategic interest . [33]
- IPO pipeline stays hot
- Meesho’s strong listing, alongside other recent debuts like Aequs and Vidya Wires, confirms that India’s IPO market remains active , with investors selectively rewarding growth and profitability visibility. [34]
- Broader market still sensitive to valuations and Fed cues
- Strategists (for example at Geojit and Kotak Securities) note that while India’s long‑term fundamentals remain robust, elevated mid‑ and small‑cap valuations and uncertainty around Fed policy are keeping overall sentiment cautious. [35]
What traders and investors should watch next
- Fed outcome and commentary: Any surprise on the pace or tone of rate cuts could move global risk assets, including Indian equities, metals and currencies.
- Nifty’s behavior around 25,700–25,500: A sustained hold above this zone could validate the “short‑term bottom” thesis; a break below may invite deeper correction. [36]
- Follow‑through moves in today’s big gainers:
- Whether Highway Infrastructure and Sammaan Capital can sustain gains after the initial news pop.
- How quickly Meesho settles into a trading range post-listing, and whether institutional flows back the initial optimism.
- If AU SFB continues to attract foreign investor interest under the new FDI limit. [37]
References
1. www.business-standard.com, 2. www.business-standard.com, 3. www.business-standard.com, 4. www.etnownews.com, 5. www.livemint.com, 6. www.etnownews.com, 7. www.business-standard.com, 8. www.business-standard.com, 9. www.business-standard.com, 10. www.business-standard.com, 11. www.business-standard.com, 12. www.business-standard.com, 13. www.business-standard.com, 14. m.economictimes.com, 15. www.business-standard.com, 16. www.business-standard.com, 17. m.economictimes.com, 18. m.economictimes.com, 19. m.economictimes.com, 20. m.economictimes.com, 21. www.business-standard.com, 22. www.business-standard.com, 23. www.business-standard.com, 24. www.business-standard.com, 25. www.business-standard.com, 26. www.livemint.com, 27. www.livemint.com, 28. www.business-standard.com, 29. www.etnownews.com, 30. www.livemint.com, 31. www.business-standard.com, 32. m.economictimes.com, 33. www.business-standard.com, 34. www.business-standard.com, 35. m.economictimes.com, 36. www.livemint.com, 37. www.business-standard.com
