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NSE:SHANGARDECOR 26 December 2025

MMTC Share Price Surges on Massive Volume Today (Dec 26, 2025) as Shangar Decor Attempts a Technical Rebound

MMTC Share Price Surges on Massive Volume Today (Dec 26, 2025) as Shangar Decor Attempts a Technical Rebound

MMTC Ltd surged over 11% on December 26, 2025, with trading volume topping 20 million shares and a traded value of about ₹126 crore. The stock hit an intraday high of ₹64.80, far outpacing broader indices, which remained modestly lower. Shangar Decor Ltd also saw a brief rebound after recent pressure. Nifty 50 hovered near 26,056.70, Sensex near 85,145.78 during the session.
26 December 2025
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Stock Market Today

  • Citi Raises 2026 S&P 500 Price Target Citing AI-Driven Earnings Growth
    June 7, 2026, 5:24 PM EDT. Citi analysts have quietly increased their 2026 S&P 500 price target from 7,700 to 8,100, a 5.2% rise, based on expected robust earnings growth fueled by heavy AI infrastructure spending. Scott Chronert of Citi forecasts index-level earnings (operating earnings per share) to hit $350 in 2026 and $400 in 2027, reflecting genuine profitability gains rather than just elevated stock valuations. This outlook persists despite recent market volatility triggered by stronger-than-expected U.S. jobs data and concerns over inflation, geopolitical tensions, and Federal Reserve interest rate policies. Chip stocks, including Nvidia and Intel, saw significant declines recently, but Citi views this as a temporary setback amid a broader positive trend.

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