Markets at Noon: Nifty and Sensex Edge Higher Amid Corporate Developments
Indian stock markets show a positive trend at midday with Nifty 50 and BSE Sensex both up 0.15%. Adani Enterprises launches a new subsidiary, while IndiGo meets with aviation regulators. Mahindra & Mahindra's subsidiary sells stake in CIE Automotive, and JSW Steel forms a joint venture with JFE Steel. Reliance Industries acquires stake in Oval Invincibles, and Sterling And Wilson expands into Portugal.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets are showing a positive trend at midday on December 4, 2025, with both the Nifty 50 and BSE Sensex registering modest gains.
| Index | Current Price | Close Price | Change | % Change |
|---|---|---|---|---|
| Nifty 50 | 26,025.90 | 25,986.00 | 39.90 | 0.15% |
| BSE Sensex | 85,233.71 | 85,106.81 | 126.90 | 0.15% |
Last updated at 12:00:24 on 04/12/2025
Buzzing Stocks
Several companies are making headlines today with significant corporate announcements:
Adani Enterprises
The company has launched a new subsidiary, AdaniConnex Hyderabad Three, expanding its corporate structure and business operations.
IndiGo (InterGlobe Aviation Ltd)
- The airline's senior management is set to meet with India's aviation regulator to discuss crisis details and present their recovery plan.
- The company's ESOP Allotment Committee approved the allotment of 500 equity shares at INR 10 per share under the Employee Stock Option Scheme 2023.
Mahindra & Mahindra
- Its subsidiary, Mahindra Overseas Investment Company (Mauritius) Limited, sold a 3.58% stake in CIE Automotive S.A for approximately €119 million.
- CARE Ratings Limited reaffirmed its AAA stable rating for M&M's bank facilities totaling ₹2,173.17 crore, citing strong market leadership and robust financial profile.
JSW Steel
- Established a 50:50 joint venture partnership with JFE Steel for the Bhushan Power And Steel business operations.
- Completed the acquisition of 100% equity interest in Saffron Resources Private Limited.
Reliance Industries
A unit of the company has acquired a 49% stake in Oval Invincibles for GBP 60.27 million (approximately Rs 722 crore).
Sterling And Wilson
The company has established a new subsidiary in Portugal as part of its renewable energy business expansion strategy.
Other companies with notable announcements include Vineet Laboratories Limited, Kothari Industrial Corporation Limited, and Sterling And Wilson.
Conclusion
The markets are showing a slight upward trend as of midday, with both Nifty 50 and Sensex up by 0.15%. Corporate actions and developments across various sectors continue to influence individual stock performances. Investors are advised to keep a close watch on these developments and their potential impact on the market.
15
