0%
Daily Market Update
19-Dec-20251 min readvipin kumar

Japan’s Mitsubishi UFJ Financial Group to invest $4.45 billion on Shriram Finance in biggest FDI in Indian financial services- Daily Market Update 19th Dec 2025

Get a Smart Summary Instantly

Prompt copied

Mitsubishi UFJ Financial Group is set to invest $4.45 billion for a 20% stake in Shriram Finance, marking the largest FDI in India’s financial services sector. This strategic move paves the way for an eventual acquisition, with MUFG aiming to increase its holding and gain majority control over time.

Overview and Outlook

Global Stock Market Today

  • US equity markets ended higher in range 0.14% to 1.37%.
  • European equity markets ended on a positive note.
  • Asian equity markets are trading higher.
  • GIFT Nifty is up by 80 points, Nifty futures likely to open around 25950 levels.

 

News highlights from across the globe

  • Volatility lashed Wall Street, pushing high-valuation technology shares and crypto lower while bonds pared losses after a senior Federal Reserve official signaled room for rate cuts.
  • Asian stocks advanced after softer US inflation data strengthened expectations of Federal Reserve rate cuts, while easing concerns around the technology sector lifted sentiment in American markets.
  • Brent crude briefly climbed toward $61 a barrel before trimming intraday gains in choppy trade, after US President Donald Trump avoided referencing Venezuela in a White House address.

 

Important news updates from the domestic front

  • IT Stocks will be in focus: Accenture reported a 6% year-on-year rise in revenue to USD 18.7 billion in the September-November quarter of FY26, landing at the top of the company’s guided range.
  • Bharti Airtel made the final call of Rs 401.25 for partly paid shares. The record date for the same is Feb. 6. The payment period is from 2nd to 16th Mar’26. The company received Rs 15,000 crore.
  • Narayana Hrudayalaya to meet shareholders and creditors on Jan 19 for approval of the merger scheme of Meridian Medical Research into the company.
  • Mishra Dhatu Nigam secured order worth Rs 121.75 crore; open order position as on date is around Rs. 2,520 crore.
  • Ola Electric confirms that the promoter completed the one-time, limited monetisation of a portion of his personal shareholding. The transaction was undertaken solely to repay a promoter-level loan of approximately Rs 260 crore fully and to release all 3.93% shares previously pledged, thereby eliminating all promoter pledges.
  • Indigo to replace Tata Motors PV in Sensex Rejig. Indigo to see inflows of nearly $314 million whereas Tata Motors PV to see outflow of $190 million.
  • Maruti Suzuki: NCLAT deferred Dec. 17 hearing for August 2021 case. NCLT fixes Jan 27, 2026 as the next date of hearing.
  • HCL Tech signed pact to buy telco solutions business from Hewlett Packard enterprise for $160 Mn.
  • Reliance Industries arm Reliance Consumer bought a majority stake in Udhaiyam Agro Foods.
  • Lupin arms signed a pact with Neopharmed Gentili to Market Brand Plasil in Brazil, Philippines.
  • TCS arm TCS Iberoamerica S.A Incorporates Tech Company SOCIEDAD ANONIMA in Costa Rica.
  • Bharti Airtel Bharti and Singtel agreed to amend the existing shareholders agreement. Singtel has relinquished certain key reserved rights and Amendments remove redundancies and improve clarity in governance provisions. No impact on Airtel’s management control or ownership structure and no new rights are granted to either party.
  • BPCL to form a JV with Coal India for setting up coal gasification project in Maharashtra. BPCL to hold 49% stake, Coal India to hold 51% stake in the JV entity.
  • HUL completed acquisition of additional 1 crore shares in Transition Sustainable Energy Services One for Rs 10.3 crore.
  • Vodafone Idea arm Vodafone Idea Telecom Infra raised funds worth Rs 3,300 crore via NCDs. The arm to utilise Rs 3,300 crore funds to repay its payment obligations to the company.

 

Nifty Overview & Outlook

Benchmark Nifty index settled on a flat note at 25816 spot level after a lackluster trading session.

Performance on the broader front was mix and muted. Mid cap index ended on a flat to positive note while Small cap index ended on a slightly negative note.

Performance on the sectoral front was no different. Amongst them, Media and Auto index was at the bottom of the tally, down 1.27% & 0.61% respectively. On the other hand, IT along with Mid Small Financial Services index were at the top of the tally, rose over 1% each.

Short term chart structure is sideways with negative bias having immediate supports around 25700 spot levels and resistance around 26050 spot levels. Cross and sustenance above 26050 might take it up to 26200 spot levels in the near term, on the flip side, a close below 25700 spot levels might push it around 25450 spot levels.

 

Derivatives Overview & Outlook

Yesterday, Nifty and Banknifty futures shed 1.4% and 2.5% of open interest respectively without any significant change in prices whereas Midcapnifty futures shed 1.4% of open interest as short covering. On the other hand no significant changes were seen in Finnifty futures on price as well as on open interest front.

Performance on the sectoral front was mix. Amongst them, Auto, Capital Goods, Cement and FMCG stocks witnessed maximum additions of short positions, whereas some long buildup was seen among Finance and Technology stocks.

On option front, put writing along with some call addition was seen at higher strikes and maximum positions are at 26000 CE and 25000 PE followed by 25500 PE. Options data is still negative having resistance around 26050 spot levels and indicating towards a sell on rise trading approach by the time it is trading below the said resistance levels.

 

Institutional Trading Activity

Yesterday, FIIs bought stocks worth Rs 596 Cr in the cash segment, bought stocks futures worth Rs 2254 Cr and sold index futures worth Rs 129 Cr. DIIs were too net buyer in the cash segment to the tune of Rs 2700 Cr.

 

Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels

Nifty – Resistances 26020-26150; Supports 25800-25700

Banknifty – Resistances 59400-59750; Supports 58800-58600

Finnifty – Resistances 27480-27620; Supports 27300-27200

 

F&O Security in Ban Today:   SAMMAAN CAPITAL

Disclosure

Globe Capital Market Limited (“GCML”) is a Stock Broker registered with BSE, NSE, MCX, NCDEX, and MSEI in all the major segments viz. Capital, F & O and CDS segments. GCML is also a Depository Participant and registered with both the Depositories viz. CDSL and NSDL. Further, GCML is a SEBI registered Portfolio Manager and Research Analyst. GCML includes subsidiaries, group and associate companies, promoters, directors, employees and affiliates. AY Securities and Commodities Limited, Globe Derivatives and Securities Limited & Globe Fincap Limited are subsidiaries of GCML. AtoZ Finstock Private Limited, A to Z Consultants Private Limited, A to Z Venture Capital Limited, M. Agarwal Stock Brokers Private Limited, A M Share Brokers Private Limited, Shri Adinath Advertising Company Pvt. Ltd., Orient Landbase Private Limited, Bolt Synthetic Private Limited, Price ponder Private Limited and Lakshya Impex Private Limited are the associates of GCML.

This report has been prepared by GCML and published in accordance with the provisions of Regulation 19 of the Securities and Exchange Board of India (Research Analysts) Regulations, 2014, for use by the recipient as information only and is not for general circulation or public distribution. This report is not to be altered, transmitted, reproduced, copied, redistributed, uploaded, published or made available to others, in any form, in whole or in part, for any purpose without prior written permission from GCML. The projections and the forecasts described in this report are based on estimates and assumptions and are inherently subject to significant uncertainties and contingencies. Projections and forecasts are necessarily speculative in nature, and it can be expected that one or more of the estimates on which the projections are forecasts were based may not materialize or may vary significantly from actual results and such variations will likely increase over the period of time. This report should not be construed as an offer to sell or the solicitation of an offer to buy, purchase or subscribe to any securities, and neither this report nor anything contained therein shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. It does not constitute a personal recommendation or take into account the particular investment objective, financial situation or needs of any individual in particular. The research analysts of GCML have adhered to the code of conduct under Regulation 24 (2) of the Securities and Exchange Board of India (Research Analysts) Regulations, 2014. The recipients of this report must make their own investment decisions, based on their own investment objectives, financial situation or needs and other factors. The recipients should consider and independently evaluate whether it is suitable for its/ his/ her/their particular circumstances and if necessary, seek professional / financial advice as there is substantial risk of loss. GCML does not take any responsibility thereof.

Any such recipient shall be responsible for conducting his/her/its/their own investigation and analysis of the information contained or referred to in this report and of evaluating the merits and risks involved in securities forming the subject matter of this report. The price and value of the investment referred to in this report and income from them may go up as well as down, and investors may realize profit/loss on their investments. Past performance is not a guide for future performance. Actual results may differ materially from those set forth in the projection GC does not take any responsibility thereof. This report has been prepared by GCML based on the information available in the public domain and other public sources believed to be reliable. Though utmost care has been taken to ensure its accuracy and completeness, no representation or warranty, express or implied is made by GCML that such information is accurate or complete and/or is independently verified. The contents of this report represent the assumptions and projections of GCML and GCML does not guarantee the accuracy or reliability of any projection, assurances or advice made herein. Nothing in this report constitutes investment, legal, accounting and/or tax advice or a representation that any investment or strategy is suitable or appropriate to recipients’ specific circumstances.

Since GCML or its associates are engaged in various financial activities, they might have financial interest or beneficial ownership in various companies including subject company/companies mentioned in the report. GCML or its associates have not received any compensation for investment banking or merchant banking from the subject company in the past 12 months. GCML or its associates might have received any compensation including brokerage services and for products or services other than investment banking or merchant banking from the subject company in the past 12 months. It is confirmed that GCML or research analyst or its associates have not managed or co-managed public offering of securities for the subject company in the past 12 months. Research analyst or GCML or its relatives’/associates’ have no material conflict of interest at the time of publication of this report. Neither research analyst nor GCML are engaged in market making activity for the subject company. It is confirmed that research analysts do not serve as an officer, director or employee of the subject company. It is also confirmed that research analyst have not received any compensation from the subject company in the past 12 months.

The views contained in this document are those of the analyst, and the company may or may not subscribe to all the views expressed within. This information is subject to change, as per applicable law, without any prior notice. GCML reserves the right to make modifications and alternations to this statement, as may be required, from time to time.

Research analyst or GCML or its relatives’/associates’ do not have actual/beneficial ownership of 1% or more in securities of the subject company, at the end of the month immediately preceding the date of publication of the document. Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Our research analysts may use AI tools to collect, summarize, and present data in order to increase productivity and enhance the clarity and readability of our reports. However, all reports are subject to human review prior to finalization and distribution to end users.

Our published research reports are the property of GCML and its associate and subsidiary companies. These reports may not be copied, reproduced, distributed or otherwise used by any other brokerage or individual firm without the prior written permission of GCML or its associate/subsidiary companies.