Markets at Noon: Nifty and Sensex Dip Amid Corporate Developments
The Indian stock markets show a slight downturn at midday on December 3, 2025, with Nifty 50 at 25,929.35 (-0.40%) and Sensex at 84,885.69 (-0.30%). Despite the dip, several companies made headlines with significant announcements. Adani Enterprises plans a $15 billion investment in airport infrastructure, Apollo Micro Systems allotted new equity shares, and Emmvee Photovoltaic Power reported strong Q2 results. Other buzzing stocks include NRB Bearings, Axis Bank, Refex Industries, Maruti Suzuki, and Spice Islands Industries, each with notable corporate actions or strategic moves.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets are experiencing a slight downturn as of midday on December 3, 2025. Both the NSE Nifty 50 and BSE Sensex have shown marginal declines from their previous closing levels.
Key Market Indicators
| Index | Current Price | Previous Close | Change | % Change | Last Updated |
|---|---|---|---|---|---|
| Nifty 50 | 25,929.35 | 26,032.20 | -102.85 | -0.40% | 03/12/2025 12:00:04 |
| Sensex | 84,885.69 | 85,138.27 | -252.58 | -0.30% | 03/12/2025 12:00:13 |
Buzzing Stocks
Several companies have made headlines with significant announcements:
Adani Enterprises: The company plans to invest $15 billion in expanding India's airport infrastructure by 2030. Additionally, its unit Astraan Defence has transferred a 49% stake to MSM Group S.R.O.
Apollo Micro Systems: The company allotted 28,89,044 equity shares upon conversion of warrants, increasing its paid-up capital.
Emmvee Photovoltaic Power: Reported strong Q2FY26 results with 181% YoY revenue growth and improved EBITDA margins. The company also announced plans to double its renewable capacity.
NRB Bearings: Established a joint venture with Italian manufacturer Unitec to broaden its industrial bearings range.
Axis Bank: Allotted 1,89,534 equity shares under its ESOP/RSU scheme and witnessed a significant block trade on NSE.
Refex Industries: Its subsidiary, Venwind Refex Power Limited, has been approved as a wind turbine manufacturer by the MNRE.
Maruti Suzuki: Signed agreements to establish over 100,000 charging stations by 2030, supporting EV infrastructure expansion.
Spice Islands Industries: Allotted 19,33,324 equity shares to non-promoter acquirers, resulting in promoter shareholding dilution.
Market Sentiment
The market appears to be in a cautious mood, with slight declines in major indices despite several positive corporate announcements. Investors seem to be weighing these developments against broader economic factors.
Conclusion
As the trading day progresses, market participants will be closely watching how these corporate actions and strategic moves influence individual stock performances and overall market sentiment.
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