Indian Equity Markets Trade Flat at Midday on December 23: NIFTY 50 Holds Above 26,190 Amid Stock-Specific Action

Indian equity markets were trading with a cautious and range-bound tone at midday on Tuesday, December 23, 2025, as benchmark indices consolidated after recent gains. While the NIFTY 50 hovered marginally in the green, broader markets witnessed sharp, stock-specific movements, reflecting selective investor participation and intraday volatility.

Also Read: Indian Equity Markets End Higher on December 22: NIFTY 50 Closes Near Record Levels as Stock-Specific Action Intensifies

Benchmark Indices: Consolidation Phase Continues

As of 12:12 IST, the NIFTY 50 was trading at 26,194.85, up 22.45 points or 0.09%. The index opened at 26,205.20, touched an intraday high of 26,206.55, and slipped to a low of 26,119.05, indicating a narrow trading range and lack of strong directional cues.

Other key indices showed mixed trends:

• NIFTY Next 50 gained 0.47% to 69,168.75

• NIFTY Financial Services rose 0.28% to 27,556.40

• NIFTY Bank edged lower by 0.03% to 59,288.45

The mixed performance suggested cautious sentiment, particularly in banking stocks, while select broader market segments saw buying interest.

Top Gainers: Sharp Rallies in Select Counters

Several stocks posted strong gains, supported by active volumes and momentum-driven buying:

• NEUEON surged sharply to ₹5.76, gaining ₹4.76

• TFL rose 17.01% to ₹16.03

• KSR advanced 14.80% to ₹17.14

• OMAXE gained 13.39% to ₹75.98, with healthy trading volumes

• TPHQ climbed 13.11% to ₹0.69

The rally in these stocks highlighted speculative interest and short-term buying in select small- and mid-cap names.

Top Losers: Selling Pressure in High-Volume Stocks

On the downside, a few stocks witnessed notable declines, some accompanied by heavy volumes:

• SHRENIK slipped 10.00% to ₹0.54

• MEESHO declined 9.43% to ₹182.67, remaining highly active in trade

• VINNY fell 7.09% to ₹1.31

• SELMC eased 6.96% to ₹36.10

• PNC dropped 6.13% to ₹26.49

These declines pointed to profit booking and cautious sentiment in certain overextended counters.

Market Outlook: December 23

The midday session reflected a pause in the recent rally, with benchmark indices consolidating near record levels. Investors appeared selective, focusing on individual stock opportunities rather than broad-based buying. With the year-end approaching, markets are expected to remain volatile, driven by liquidity conditions, global cues, and sector-specific triggers.

Conclusion
Indian equity markets traded flat to mildly positive at midday on December 23, with the NIFTY 50 holding above 26,190. While headline indices lacked strong momentum, sharp moves in individual stocks underscored a highly selective market environment. Going forward, disciplined stock selection and prudent risk management are likely to remain crucial as markets navigate the final trading sessions of the year.