Today: 20 March 2026
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NSE:ACC 22 December 2025 - 23 December 2025

India Stock Market Today (23 December 2025): Sensex, Nifty End Flat as IT Cools Off; Rupee Pressures and Year-End Stock Picks Take Centre Stage

India Stock Market Today (23 December 2025): Sensex, Nifty End Flat as IT Cools Off; Rupee Pressures and Year-End Stock Picks Take Centre Stage

The BSE Sensex slipped 0.07% to 85,508.78 and the NSE Nifty 50 edged down 0.02% to 26,168.10 on Tuesday, as IT stocks fell and year-end trading volumes stayed muted. Ambuja Cements gained on merger news, while Sanghvi Movers and Antony Waste moved on order wins. Traders watched rupee weakness and corporate actions, including KSH International’s discounted debut.
UltraTech Cement Hit With ₹782.2 Crore GST Demand Notice; ‘Buy’ Calls Hold as UltraTech and Adani Cement Lead India’s Next Capacity Wave

UltraTech Cement Hit With ₹782.2 Crore GST Demand Notice; ‘Buy’ Calls Hold as UltraTech and Adani Cement Lead India’s Next Capacity Wave

UltraTech Cement disclosed a ₹782.2 crore GST demand notice tied to alleged short payment and improper Input Tax Credit use from FY2018-19 to FY2022-23. The company said it will contest the order. Shares traded near ₹11,540 on December 17, down about 9% over three months. The demand adds regulatory pressure as the sector faces cost and capacity changes.

Stock Market Today

  • Nasdaq Falls as Super Micro AI Chip Smuggling Charges Hit Market
    March 20, 2026, 12:01 PM EDT. The Nasdaq composite dropped about 1% on March 20, 2026, led by a sharp 28.37% plunge in Super Micro Computer shares following charges against its co-founder for conspiring to smuggle $2.5 billion of Nvidia AI chips to China. The indictment alleges complex export control violations, involving fake shipping documents and label swapping to mask shipments through Southeast Asia. Nvidia shares fell 1.66% given their exposure to Super Micro, and AMD dropped 2.32% amid sector-wide unease. The Invesco QQQ Trust also slipped 1%, extending its four-week losing streak amid ongoing geopolitical strains, including Iran tensions and volatile oil prices. Analysts question Super Micro's credibility and internal controls despite the charges targeting individuals rather than the firm itself.
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