On December 26, 2024, the Indian stock market exhibited muted movement as benchmark indices Nifty and Sensex traded flat due to subdued year-end activity and a lack of significant market triggers. Realty, metal, and FMCG stocks faced the most pressure, while certain individual stocks showcased notable performances. Here's a detailed analysis of the day's top gainers and losers:

Top Gainers

Ceigall India
The infrastructure company's shares rose significantly following the announcement of a concession agreement worth ₹981 crore signed by its subsidiary for developing and operating the Ludhiana-Bathinda Greenfield Highway. The project is expected to be completed in 24 months.

EPACK Durable
The stock gained momentum after the company clarified preliminary discussions with a Chinese TV manufacturer about potential investments in its subsidiary. The announcement reassured investors and fueled optimism about future growth prospects.

Panacea Biotec
Panacea Biotec shares locked at the 5% upper circuit after receiving a ₹127 crore order from UNICEF to supply 115 million doses of bivalent oral polio vaccines. This development strengthens the company’s position in the global healthcare sector.

One MobiKwik Systems
Shares surged as a block deal worth ₹118 crore occurred, involving 18.6 lakh shares. This transaction reflects investor confidence in the company's growth trajectory.

Sagility India
Sagility India continued its upward rally, hitting the upper circuit for the eighth consecutive session. A ‘Buy’ rating from a global brokerage and a strong target price added to investor enthusiasm.

Top Losers

NTPC Green Energy
Shares faced a sharp decline as the one-month lock-in period for anchor investors expired, leading to a potential sell-off by major stakeholders.

Hindustan Copper
The stock underperformed significantly, declining over 6%. The broader market weakness and trading below key moving averages contributed to the negative sentiment.

IRCTC
The company faced backlash due to a temporary outage on its e-ticketing platform, causing disruptions and a slight dip in share prices.

Kaynes Technology
Profit booking led to a decline in shares after a robust rally over the past month, where the stock had gained nearly 20%.

Asian Paints
Shares of Asian Paints hit a fresh 52-week low, continuing to face selling pressure. Challenges from increased competition and weaker growth prospects weighed heavily on investor sentiment.

Sectoral Trends

• Realty, metal, and FMCG sectors faced the most selling pressure.
• Infrastructure stocks, led by Ceigall India and EPACK Durable, outperformed.
• The market witnessed thin trading volumes due to the year-end holiday season and final monthly F&O adjustments.

The Current active IPO is Anya Polytech and Unimech Aerospace.

The Upcoming IPOs in this week and coming weeks are Citichem India, Indo Farm, Technichem Organics, Leo Dry Fruits.