SENSEX jumps 369 pts, NIFTY50 above 25,900 in noon deals; RIL, Shriram Finance, Vi among buzzing stocks

Benchmark indices, SENSEX and NIFTY50, continued trading in the green during Friday’s afternoon session, bolstered by positive global cues and a rally in pharma stocks. Furthermore, foreign fund inflows further lifted investor sentiment.

On Thursday, the foreign institutional investors (FIIs) bought stocks worth ₹595.78 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹2,700.36 crore on a net basis, according to exchange data.

The SENSEX advanced as much as 0.69% to an intra-day high of 85,067.50, while the NIFTY50 touched the session’s high of 25,979.25

At 12:30 PM, the S&P BSE SENSEX gained by 369.41 points, or 0.44%, to 84,851.22. NSE’s NIFTY50 stood at 25,934.70, reflecting a 119.15 points, or 0.46% jump.

The NIFTY50 index was supported by gains in Max Healthcare Institute (2.32%), Bajaj Auto (1.60%), Reliance Industries (1.53%), Bharat Electronics (1.51%) and Tata Motors Passenger Vehicles (1.43%).

On the other hand, HCL Technologies (-1.52%), Hindalco Industries (-0.62%), Dr. Reddy's Laboratories (-0.60%), Adani Enterprises (-0.39%) and Shriram Finance (-0.29%) were among the top losers.

Buzzing stocks on December 19: Check list

Shares of IT companies, including TCS, Infosys, and Tech Mahindra were trading in the positive territory on Friday, December 19, after leading IT player Accenture Plc announced its quarterly results on Thursday.

The company reported a 6% year-on-year (YoY) increase in revenue to $18.7 billion in the September-November quarter of FY26, landing at the top of the company's guided range.

Revenues from the Americas increased 4% to $9.08 billion, EMEA rose 8% to stand at $6.94 billion, while Asia Pacific contributed $2.73 billion, growing by 7%.

Gross margin (gross profit as a percentage of revenues) for the quarter was 33.1%, compared to 32.9% in the corresponding quarter of FY25.

Reliance Industries Ltd (RIL) stock gained as much as 1.92% to an intra-day high of ₹1,574.20 per equity share on the National Stock Exchange (NSE). It was among the top gainers of the NIFTY50 index.

This comes after its arm, Reliance Consumer Products Ltd (RCPL), acquired a majority stake in Udhaiyams Agro Foods Private Limited.

Under the joint venture agreement, RCPL holds a majority stake, while Udhaiyams’ owners will have a minority stake in the company, RIL said in a regulatory filing on December 18.

Furthermore, the promoters of Udhaiyams Agro Foods Private, S. Sudhakar and S. Dinakar, will continue to hold a minority stake in the company.

Shares of Shriram Finance zoomed 3.17% to the session’s peak of ₹897.05 apiece on Friday, after the company’s board approved entering into definitive agreements with MUFG Bank for an investment of ₹39,618 crore (around $4.4 billion).

The funds will be raised through a preferential allotment of equity shares, which will result in MUFG Bank acquiring a 20% stake in the company on a fully diluted basis.

Stock of Vodafone Idea (Vi) gained as much as 3.89% to an intra-day high of ₹11.74 per equity share, as the company announced that its subsidiary Vodafone Idea Telecom Infrastructure (VITIL) has completed a ₹3,300 crore fundraise through the issuance of non-convertible debentures.

The fundraiser assumes significance, as the proceeds will be used by VITIL to repay its payment obligation to Vodafone Idea, it stated, adding that this will enable it to bolster its capital expenditure and support business growth.

Shares of biopharmaceutical company Biocon surged as much as 2.35% to an intra-day high of ₹401.45 apiece, after its US-based facility received an Establishment Inspection Report (EIR) with a Voluntary Action Indicated (VAI) status from the U.S. Food and Drug Administration (US FDA).

In a regulatory filing on Thursday evening, Biocon stated that the status was based on the Current Good Manufacturing Practice (cGMP) inspection conducted by the USFDA at its Biocon Generics Inc. facility, located in Cranbury, New Jersey, between October 6 and 10, 2025.

The stock of Ola Electric Mobility was locked in the 10% upper circuit band of ₹34.38 on the NSE, after the company on Thursday confirmed the completion of a one-time, limited monetisation of a portion of the founder’s personal shareholding. It was undertaken to fully repay a promoter-level loan of around ₹260 crore.

The transaction has resulted in the release of all 3.93% shares that were previously pledged, bringing the promoter’s pledge in the company to zero, the Bengaluru-based firm said in a statement.

The company said the monetisation was a planned, time-bound exercise executed entirely at the promoter’s personal level and was carried out in tranches.

Shares of Shree Cement declined as much as 1.11% to an intra-day low of ₹in the early trade on Friday, December 19.

This comes after the company said in its regulatory filing that its management has declared a lockout of the cement plant(s) of the company situated at Baloda Bazar, Raipur, Chhattisgarh, w.e.f. December 18, 2025, due to the non-cooperation of workmen.

The firm is monitoring the situation and will provide an update on further developments in due course, it added.

Shares of InterGlobe Aviation, parent of airline carrier IndiGo, jumped nearly 1% as the Delhi High Court sought a response from the Customs Department on a plea filed by the airline challenging the levy of IGST on aircraft engines and parts re-imported into India after overseas repairs and the subsequent denial of refunds amounting to over ₹900 crore, according to news reports.

Meanwhile, the fair trade regulator CCI said it has decided to look into the recent mass flight cancellations by IndiGo across various routes under the competition rules.

The Competition Commission of India (CCI), in a release, said that it has taken cognisance of information filed against IndiGo in the context of the recent flight disruptions witnessed in the aviation sector across various routes.

BLS International Services shares rallied as much as 7.44% to hit the day’s peak of ₹340 per unit on the NSE.

The company, in its regulatory filing on Thursday, said that further to its earlier disclosure dated October 11, 2025, regarding the Ministry of External Affairs (MEA) order debarring BLS International Services Ltd from participating in future MEA tenders and India Missions abroad for a period of two years, it has received relief from the Delhi High Court.

The firm said it had challenged the debarment by filing a writ petition before the Delhi High Court, which has now set aside the MEA’s debarment order.