Trade Setup for Today: Global Cues and Key Events to Watch on December 24, 2025
GIFT Nifty down 0.15% at 26,232.50, suggesting a soft start. US markets closed positive, with Dow up 0.16% and NASDAQ up 0.55%. Asian markets mixed. Crude oil at $58.43, gold at $4,538.30. USD/INR at 89.47. FIIs were net sellers, DIIs net buyers. Notable block deals in Belrise Industries and Capital Infra Trust. Key corporate actions include NECLIFE buyback, PPL interim dividend, and GRMOVER bonus issue.
*this image is generated using AI for illustrative purposes only.
Market Overview
As we approach the opening bell on December 24, 2025, global markets are showing mixed signals, setting the stage for an interesting trading session.
GIFT Nifty Update
The GIFT Nifty is currently trading at 26,232.50, down 0.15% or 40 points from its previous close. This suggests a potentially soft start for the domestic markets.
US Markets
U.S. markets closed on a positive note in their previous session:
| Index | Closing Price | Change (%) |
|---|---|---|
| Dow Jones | 48,463.42 | +0.16% |
| NASDAQ | 23,579.04 | +0.55% |
Asian Markets
Asian markets are showing mixed trends:
| Index | Current Level | Change (%) |
|---|---|---|
| Nikkei 225 | 50,529.41 | +0.23% |
| Hang Seng | 25,839.50 | +0.25% |
Commodity Trends
Commodities are displaying varied movements:
| Commodity | Price | Change (%) |
|---|---|---|
| Crude Oil | $58.43 | +0.09% |
| Gold | $4,538.30 | +0.72% |
| Silver | $72.18 | +1.47% |
| Natural Gas | $3.92 | +0.72% |
Currency Updates
The USD/INR pair is currently trading at 89.47, up 0.08% from its previous close.
FII/DII Activity
Recent institutional activity shows:
| Investor Type | Action | Amount (Cr) |
|---|---|---|
| FIIs (Dec 23) | Net Sellers | ₹1,794.80 |
| DIIs (Dec 23) | Net Buyers | ₹3,812.37 |
Block Deals
Significant block deals were observed in Belrise Industries and Capital Infra Trust:
| Company | Buyer/Seller | Shares (Cr) | Price (₹) |
|---|---|---|---|
| Belrise Industries | SBI Mutual Fund (Buyer) | 5.13 | 153.70 |
| Belrise Industries | Sumedh Tools Pvt Ltd (Seller) | 5.83 | 153.70 |
| Capital Infra Trust | Pico Capital Pvt Ltd (Buyer) | 0.35 | 73.05 |
Latest Updates for Stocks Involved in Block Deals
- Belrise Industries clarified that its strategic agreement with Israel's Plasan Sasa was signed on December 22, 2025, for ATEMM defense platforms.
- Belrise Industries incorporated a step-down wholly-owned subsidiary, Belrise SDM, in France with €100,000 share capital for defense and aerospace activities.
- Capital InfraTrust successfully closed its Qualified Institutional Placement on December 19, 2025, raising ₹1,250 crores.
Key Corporate Actions
Several important corporate events are scheduled for today:
- Tender Offer: NECLIFE (Buyback at a premium)
- Interim Dividend: PPL (₹1 per share)
- Bonus Issue: GRMOVER (2:1 ratio)
- Quarterly Results: KKSILK, PURPLEWAVE, CSSL
- EGMs/AGMs: SWARAJ, AERPACE, IRBINVIT, WMINIMT, BFUTILITIE, IRONWOOD
Conclusion
As we enter the trading day, investors should keep an eye on global cues, particularly the positive sentiment from US markets. The mixed trends in Asian markets and commodities may influence sector-specific movements. Corporate actions and block deals, especially in Belrise Industries and Capital Infra Trust, could drive individual stock performances. Stay tuned for any updates on FII/DII activities as they often set the broader market direction.
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