Indian equity benchmarks displayed a firm trading session on Friday, aided by steady buying support in index heavyweights Reliance Industries and HDFC Bank.

At the closing bell, the BSE Sensex closed higher by 447 points (up 0.5%).

Meanwhile, the NSE Nifty closed 151 points higher (up 0.5%).

Bharat Elec, Power Grid Corp, Aand sian Paints are among the top gainers today.

HCL Tech, Kotak Mahindra, and ICICI Bank, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  26,030, higher by 157 points at the time of writing.

The BSE MidCap index ended 1.2% higher, and the BSE SmallCap index ended 1.2% higher.

Sectoral indices are trading positively today, with stocks in the power sector and realty sector witnessing buying.

The rupee is trading at Rs 89.9 against the US$.

Gold prices for the latest contract on MCX are trading 0.6% lower at Rs 133,712 per gram.

Meanwhile, silver prices were trading 0.7% higher at Rs 205,124 per 1 kg.
 

Aeroflex Shares Jump on Expansion Fund-Raise

In the news from the mining sector, shares of Aeroflex Industries came into focus after the company announced a series of capacity expansion initiatives along with a fund-raising plan.

Aeroflex Industries' board approved expanding its facilities. This includes making liquid cooling skids for data centres, installing robotic and automatic welding lines for flexible stainless-steel hose assemblies, and setting up a plant for heat-treating stainless-steel braided hoses used in critical applications.

The board also approved issuing 30,10,398 new shares at Rs 182.70 each (Rs 2 face value plus premium) to non-promoters through a preferential allotment, pending regulatory approvals.

To get shareholder approval for this, an Extraordinary General Meeting (EGM) is scheduled on 15 January 2026.
 

Ola Electric Surges After Promoter Stake Sale

Moving on to the news from auto sector, shares of Ola Electric came into focus after the company informed that promoter, Bhavish Aggarwal, has completed the one-time, limited monetisation of a small portion of his personal shareholding.

The sale was done to repay a personal loan of around Rs 2.6 bn and to release all previously pledged shares, clearing promoter pledges.

After this, the promoter group still holds 34.6% of Ola Electric, with no loss of control or change in long-term commitment. The company said this was a planned, personal level move with no impact on its business, operations, or strategy.

Ola Electric remains focused on building a competitive, India-first electric mobility and clean energy company. Earlier this year, it brought its vehicle registration process fully in-house, making the customer journey from purchase to delivery smoother and more efficient.
 

Crest Ventures Rises on Services Demerger Approval

Moving on to the news in finance sector, shares of Crest Ventures came into focus after the company's board approved the demerger of its financial services business.

Crest Ventures' board has approved separating its financial services business into a new company called Crest Capital and Investment.

The demerger is aimed at focusing on a dedicated strategy for financial services, attracting investors specifically interested in this segment, managing risk, and simplifying the group structure to unlock value for shareholders.

Crest Ventures shareholders will receive shares in Crest Capital and Investment at a 1:2 ratio: for every 2 shares of Rs 10 in Crest Ventures, they will get 1 share of Rs 10 in the new company. Once the scheme is effective, Crest Capital will issue the new shares to eligible shareholders.

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