Bharat Forge Gains on ₹1,661.9 Cr Order; India Becomes World’s 4th Largest Economy– Paper by Pocketful
Happy New Year! Wishing you a prosperous and successful 2026.
📈 Top Gainers & Losers (Nifty 50)
🗞 Stock News Highlights
Bharat Forge (+1.09%): Shares advanced following a ₹1,661.9 crore MoD contract win to supply CQB carbines to the Indian Army over five years.
IFCI (+4.88%): Stock gained after selling a 10% stake in NEDFi for ₹122 crore, monetising investments amid ongoing consolidation plans.
RITES (+2.33%): Stock surged after winning a $3.6 million Zimbabwe order, marking third consecutive African contract and boosting investor sentiment, confidence today.
Shakti Pumps (India) (+3.47%): Stock gained after securing a ₹170 crore PM-KUSUM solar pump order from MP Urja Vikas Nigam, executable within 120 days.
🏢 Sectoral Performance
Oil & Gas | Nifty Oil & Gas (+2.66%): Index climbed on a strong outlook, with all constituents in green, led by HPCL, BPCL, IOC, while upstream stocks also advanced.
Commodities | NIFTY Commodities (+1.61%): Index edged higher today, tracking firm global commodity prices, supported by gains in metals and oil & gas stocks, with 26 gainers outweighing 4 draggers.
Media | NIFTY Media (+1.50%): Index moved higher on advertising revenue optimism and short-covering, despite being down 23% over the past year, led by Nazara Technologies, PVR INOX, and Sun TV Network.
IT | Nifty IT (-0.30%): SIndex slipped on profit-booking after recent rallies, with 4 gainers unable to offset 6 draggers, keeping the sector under pressure today.
🔍 Market Insights
Technical Level: Nifty opened flat today, formed support near the opening around 25,970, moved higher to make a higher high, with resistance forming near 26,190, and closed slightly lower near resistance after mild profit-booking.
Advance-Decline Ratio: Positive market breadth was seen today, with 2,221 gainers outweighing 935 losers, signalling supportive sentiment.
The Big Picture: India has surpassed Japan to become the world’s fourth-largest economy with GDP at $4.18 trillion, driven by 8.2% Q2 FY26 growth, and is on track to overtake Germany by 2030, the government said.
FII/DII Activity (Dec 31, 2025): Robust DII purchases of ₹6,160 crore offset FII selling of ₹3,844 crore, lending stability to market sentiment.
🔮 Watch Out For Tomorrow
IPO Corner: Modern Diagnostic SME IPO opened Today ; investors may look at subscription trends, valuation, and growth prospects before applying.
Macro: Korea Exports YoY (Dec) & Balance of Trade (Dec) are scheduled for release tomorrow.
Index Watch: Nifty built on yesterday’s pullback and closed the final session of the year on a positive note above 26,000, with most stocks in green, signalling improving sentiment. As markets head into the new year, optimism remains that January could see a new all-time high. Wishing everyone a Happy New Year - start your 2026 investing journey with Pocketful and invest with confidence.
5 Day Course
Theme: Option Greeks Explained
Day 2 – Gamma (Delta Change Risk)
What it means: Gamma shows how quickly Delta changes when the underlying price moves, indicating position sensitivity and higher risk near expiry, especially for at-the-money options.
Example:
Delta = 0.50
Gamma = 0.04
Nifty moves up by ₹10
Calculation: Delta change = 10 × 0.04 = 0.40 New Delta = 0.50 + 0.40 = 0.90
📝 Word Of The Day
Liquidity Trap – A situation where buying and selling dries up, causing large price moves even on small trades.
👀 Stay tuned. Stay diversified.
Until next time,
Team Pocketful.