NIFTY50 below 25,900, SENSEX drops 145 pts in noon session

The Noon Market Snapshot

NIFTY50: ~25,892 (Down 0.19%) | Intraday Low: 25,878

SENSEX: ~84,550 (Down 0.17%) | Intraday Low: 84,470

Market Breadth: Negative (approx. 1,658 shares rising vs. 2,340 falling).

Despite a brutal year where the stock lost nearly 58% of its value, Ola Electric surged 2.17% today to an intraday high of ₹36.20.

The Catalyst: The company’s flagship electric motorcycle, the Roadster X+, received official government (CMVR) certification.
The Impact: Deliveries for the model officially began today (Dec 30), sparking high speculative trading volume of over 75 lakh shares.

The defense PSU saw early gains after bagging fresh orders worth ₹569 crore for radars and communication equipment.

The Trend: This follows a massive ₹79,000 crore capital acquisition clearance by the Defence Acquisition Council (DAC) earlier this week. However, profit-booking at higher levels saw the stock dip 0.81% to ₹390.05 by mid-day.

IndiGo shares dropped nearly 2% to an intraday low of ₹4,992.

The Reason: Reports surfaced that the airline is hiking pilot allowances by up to ₹2,000 (effective Jan 1) to resolve the rostering crisis that caused 5,000+ cancellations this month. Investors are wary of the impact these increased employee costs will have on the bottom line after a reported loss in the September quarter.

Hindustan Copper: Surged 7.5% to ₹524 as international copper prices hit their highest annual gain since 2009.
Waaree Energies: Slumped 1.8% following the resignation of CEO Amit Paithankar.
Shriram Finance & Hindalco: Leading the Nifty gainers list with nearly 2% upside.