New Delhi, December 12, 2025: Indian equity markets closed firmly in the green on Friday, with the Nifty 50 ending at 26,046.95, up 148.40 points (0.57%). Strong buying in mid-cap and high-volume counters, along with supportive global cues, powered the index to a steady finish above the 26,000 mark.
The Nifty 50 opened at 25,971.20, hit a day’s high of 26,057.60, and touched a low of 25,938.45, reflecting sustained intraday strength.
Other key indices finished higher:
Nifty Next 50: 68,509.70 (+0.84%)
Nifty Financial Services: 27,672.60 (+0.40%)
Nifty Bank: 59,389.95 (+0.30%)
A broad-based recovery across financials, autos, and industrial mid-caps supported the upbeat close.
Top Gainers: MahaPex, TV Vision, Vipul Hit Upper Circuits; TARIL Posts Massive ₹1,659 Cr Turnover
MahaPex Ltd, TV Vision, and Vipul Ltd all ended the session with near-20% gains, indicating strong retail-led momentum in niche small-cap counters.
Meanwhile, TARIL recorded one of the day’s biggest liquidity surges, jumping 16.04% to ₹277.50 with a staggering 623.99 lakh shares traded — translating into a turnover of ₹1,659.20 crore. This made TARIL one of the most actively traded and highest-value stocks of the day.
Other strong performers included:
Stock
LTP (₹)
Change (₹)
% Change
Volume (Lakhs)
Value (₹ Cr)
MAHAPEXLTD
95.24
+15.87
19.99%
0.73
0.67
TVVISION
7.77
+1.29
19.91%
4.74
0.36
VIPULLTD
10.24
+1.70
19.91%
27.92
2.73
TARIL
277.50
+38.35
16.04%
623.99
1,659.20
AERONEU
88.00
+11.50
15.03%
1.67
1.32
Mid-cap buying remained strong throughout the session, especially in industrials and auto ancillaries.
Top Losers: Pateleg-RE Falls Another 40%, HCC-REI Down 28%; Refex Hit Hard Again
Selling pressure continued sharply in select small-cap names.
Pateleg-RE extended its steep fall, plunging 39.95% to ₹2.24. HCC-REI also dropped 28.48% to ₹4.57, with massive trading volume of 423.57 lakh shares, indicating persistent offloading by traders.
Refex remained under strong pressure, losing 19.99% — its second consecutive deep cut — and posted one of the highest sold values of the day at ₹190.34 crore.
Other notable losers:
Stock
LTP (₹)
Change (₹)
% Change
Volume (Lakhs)
Value (₹ Cr)
PATELEG-RE
2.24
-1.49
-39.95%
30.10
0.68
HCC-REI
4.57
-1.82
-28.48%
423.57
18.81
REFEX
254.90
-63.70
-19.99%
70.96
190.34
VLSFINANCE
298.50
-34.60
-10.39%
3.22
9.78
VLEGOV
20.71
-2.30
-10.00%
3.54
0.76
Profit booking and volatility in low-priced, high-beta counters kept downside pressure alive in parts of the small-cap segment.
Conclusion: December 12, 2025
The Nifty capped the trading week with a strong finish, buoyed by firm global cues, sustained buying in mid-caps, and heavy liquidity in stocks like TARIL. Gains in MahaPex, Vipul, and AERONEU added to broader optimism.
However, sharp declines in Pateleg-RE, HCC-REI, and Refex reflected pockets of vulnerability within the small-cap space. Market participants will watch global catalysts and domestic data releases early next week to assess whether the index can hold above the 26,000 level.