After opening the day on a weak note, the market recouped early losses on Thursday, paring its early declines as gains in IT and financial stocks helped steady the market.

The Indian equity benchmark indices ended Thursday's trading session on a rather tepid note as gains from the IT shares were offset by losses in select auto, metal and pharma stocks.

At the closing bell, the BSE Sensex closed lower by 77 points.

Meanwhile, the NSE Nifty closed 3 points lower.

TCS, Infosys, and Tech Mahindra are among the top gainers today.

Sun Pharma, Bajaj Auto and M&M, on the other hand, were among the top losers today.

The GIFT Nifty was trading at 25,87,3 down by 13 points at the time of writing.

The BSE MidCap index ended flat, and the  BSE SmallCap index ended 0.2% lower.

Sectoral indices were trading mixed, with stocks in the finance sector and the IT sector witnessing buying. Meanwhile, stocks in the power sector and the auto sector are witnessing selling pressure.

The rupee is trading at 90.27 against the US$.

Gold prices for the latest contract on MCX are trading 0.5% lower at Rs 134,280 per 10 grams.

Meanwhile, silver prices were trading 0.9% lower at Rs 205,681 per 1 kg.
 

Why Walchandnagar Industries Shares are rising?

In news from the nuclear energy sector, Walchandnagar Industries Shares rose over 14% in an intraday on Thursday.

This comes following the approval of the Shanti Bill, which allows private companies to build and operate nuclear power plants, marking a major shift from India's traditionally state-led nuclear sector.

In an exclusive interview with NDTV Profit on 13 December 2025, Chirag Doshi, MD & CEO of Walchandnagar Industries Limited, shared insights on the recently passed Atomic Energy Bill, also known as the 'Shanti Bill', and its implications for India's nuclear energy sector.

The legislation, which allows private companies and joint ventures to apply for licences to build, own, and operate nuclear power plants, marks a significant shift from India's traditionally state-dominated nuclear framework.

Doshi highlighted that while the bill is a major boost for India's nuclear ambitions, its immediate impact on private sector order flows is expected to be limited, with purchase orders likely to start only by March 2027.

He noted that state-run entities like NPCIL and NTPC are expected to issue new orders for fleet-mode reactors over the next 12-18 months, which will support a steady increase in Walchandnagar's order book.

Walchandnagar Industries Ltd. is a heavy engineering and project execution company with a diverse portfolio spanning high-tech manufacturing, engineering products, and engineering services.

The company operates across three main segments: Heavy Engineering, Foundry and Machine Shop, and Others.

In the past 5 days, shares of Walchandnagar Industries has rallied over 28%.
 

Why Sun Pharma Shares Fell 3% today?

Moving on to the news from the pharma sector, shares of Sun Pharmaceutical Industries dropped 3% to Rs 1,738 on December 18, hitting a one-month low.

The decline comes after the US Food and Drug Administration (USFDA) classified the company's Baska, Gujarat facility as 'Official Action Indicated' (OAI) following an inspection.

The OAI classification indicates that regulatory or administrative actions are recommended.

According to the USFDA, this could mean withholding approval for any pending product applications or supplements from the facility until the observed non-compliance issues are addressed.

The inspection at the Baska plant was conducted between September 8 and September 19, the company stated in an exchange filing.

Sun Pharma including, its subsidiaries and associates, is the fourth largest global specialty generic company that is ranked 1st in India and 8th in the US.

The company manufactures and markets a large basket of pharmaceutical formulations covering a broad spectrum of chronic and acute therapies.
 

Meesho sees Profit Booking

Moving on, Meesho shares witnessed profit booking on Thursday after hitting a fresh 52-week and all-time high on higher volumes.

The sharp rise in the stock briefly pushed the company's market capitalization past the Rs 1 lakh crore mark during the session.

On the National Stock Exchange (NSE), Meesho shares jumped as much as 7.98% to touch a high of Rs 233.6.

The e-commerce platform made a strong debut on December 10, listing at Rs 162.5 per share, over 46% higher than its IPO price of Rs 111.

The Rs 54.2 bn IPO was subscribed 79 times, and the stock is currently trading around 32% above its listing price.

Meesho is a multi-sided technology platform that connects consumers, sellers, logistics partners, and content creators through a value-driven e-commerce marketplace.

The company focuses on enabling affordable online shopping while giving small sellers a low-cost route to scale.

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