Markets at Noon: Nifty and Sensex Slip Marginally on December 10
Indian stock markets show a slight downward trend at midday with Nifty 50 at 25,832.00 (-0.03%) and Sensex at 84,628.37 (-0.04%). Key stocks buzzing include InterGlobe Aviation facing DGCA notice, Biocon acquiring stake in Biocon Biologics, Infosys expanding to Vietnam, ICICI Bank increasing stake in ICICI AMC, and Pine Labs reporting strong quarterly results. The market sentiment remains cautious with investors closely watching developments across various sectors.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets are showing a slight downward trend at midday on December 10, 2025. Both the NSE Nifty 50 and BSE Sensex have experienced marginal declines since the previous close.
Key Market Indicators
| Index | Current Price | Close Price | Change | Last Updated |
|---|---|---|---|---|
| Nifty 50 | 25,832.00 | 25,839.65 | -7.65 (-0.03%) | 10/12/2025 12:01:28 |
| BSE Sensex | 84,628.37 | 84,666.28 | -37.91 (-0.04%) | 10/12/2025 12:01:36 |
Buzzing Stocks
InterGlobe Aviation (IndiGo): The airline received a notice from DGCA directing a 10% reduction in its domestic winter schedule 2025 across all sectors, revised from an initial 5% cut. Additionally, the Aviation Minister stated that IndiGo may dismiss its CEO if required, potentially impacting the airline's governance and operational decisions.
Biocon Limited: The company announced the acquisition of a 23.3% minority stake in Biocon Biologics from investors including Viatris and Serum Institute. This move aims to create a simplified corporate structure with operational synergies across various portfolios, targeting completion by Q4 FY2026.
Infosys: The IT giant received approval for incorporating a new subsidiary, "Infosys Vietnam LLC," establishing its operational presence in the Vietnamese market.
ICICI Bank: The bank completed the acquisition of up to 2% stake in ICICI Prudential Asset Management Company Limited, increasing its holding to 53.0% of ICICI AMC's paid-up equity share capital.
Pine Labs: The fintech company reported quarterly results with net revenues of INR 650.00 crores (18% YoY growth) and adjusted EBITDA of INR 122.00 crores (64% YoY growth).
Kaynes Technology India: The company executed a block trade on NSE involving approximately 37,569 shares at Rs. 4,349.00 per share, valued at Rs. 16.34 crores.
Five-Star Business Finance: The company allotted 59,118 equity shares following the exercise of stock options under its employee schemes, increasing its paid-up share capital.
Market Sentiment
The market appears to be in a cautious mood with both major indices showing slight declines. Investors seem to be closely watching developments in various sectors, particularly aviation, pharmaceuticals, and fintech. The mixed bag of corporate announcements, including regulatory changes, acquisitions, and financial results, may be contributing to the current market sentiment.
As the trading day progresses, market participants will likely keep a close eye on these buzzing stocks and any further developments that could influence the overall market direction.
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