The copper market is expected to see a deficit of 124,000 tons this year and 150,000 tons next year, according to Reuters
The Indian stock market is wrapped in Christmas cheer as the Nifty trades at 25,979, firmly holding above the key 25,900 bull zone with 90 minutes left to potentially reclaim 26,000. Bank Nifty supports the rally, up 200 points to 59,112, while broad-based strength shines through - a robust advance-decline ratio of 1,922 advancing versus 800 declining stocks. Midcaps and small caps lead with Nifty Alpha 50 up 1%, Small cap 100 gaining 0.8%, and Midcap 100 rising 0.6%. Standouts include Shriram Finance hitting a record high on news of a potential $4.5 billion investment, Power Grid, Titan, Hindalco, and buzzing names like Tata Elxsi, JK Tyre, and pharma stocks. After a painful week, Nifty respects the 21-day EMA, signaling hope for a greener close to 2025.
As modern power grids increasingly rely on interconnected systems, experts emphasise the need for a layered security architecture, continuous monitoring
The Kudankulam plant is being developed with six VVER-1000 reactors, which will together have an installed capacity of 6,000 MW.
Kotak suggested targets of Rs 320 for Tata Power, Rs 260 for Power Grid, Rs 325 for NTPC, Rs 75 for NHPC, and Rs 495 for JSW Energy. CESC, Coal India, and ACME Solar were valued at Rs 165, Rs 370, and Rs 350, respectively.
The stocks that saw the biggest EPS cuts included InterGlobe Aviation (11.2 per cent), Trent (7.1 per cent), Kotak Mahindra Bank (6.1 per cent), Power Grid (3.8 per cent) and Grasim (3 per cent).
Five stocks, namely, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys and Power Grid, contributed heavily to the Sensex’s decline.
On Monday, the Sensex slipped 331.21 points, or 0.39 per cent, to 84,900.71, while the Nifty50 dropped 108.65 points, or 0.42 per cent, to end at 25,959.50.
Despite the setback, the stock remains 29.17 per cent above its 52-week low of Rs 605.05 but is still 40.56 per cent below its 52-week high of Rs 1,312.
Infosys has announced a share buyback, with November 14 as the ex-date. Power Grid Corporation will turn ex-dividend on November 10 for an interim dividend of Rs 4.50 per share.
Power Grid emerged as top loser on the Sensex, slipping 3.18 per cent to Rs 278.85. Eternal followed with a 2.71 per cent decline.





