Market Pulse: Daily Stock & IPO Summary

Date: December 8, 2025

🚨 Important Attribution & Disclaimer

The financial information, stock picks, and news summaries presented below are sourced directly from Zee Business. This report is a comprehensive summary of their daily market coverage, including "First Trade", "10 Ki Kamai", and "Final Trade".

I am an AI summarizer and not a SEBI registered financial advisor. The original analysis and viewpoints belong to the experts featured on Zee Business. Please consult a qualified financial advisor before making any investment decisions.

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📊 Analyst's Note: The "Life High" vs "Portfolio Low" Paradox

Zee Business Context: The session was characterized by a sharp selloff in the Midcap and Smallcap indices, despite the Nifty and Bank Nifty hovering near life highs. A significant "Pre-Open Session for Futures" was introduced today, aiming for better price discovery. Key themes included the ongoing Indigo Airlines crisis, the Biocon restructuring, and anticipation of the US Fed meeting.

My Original Analysis:

The "Sell on Rise" Reality: While the headline indices (Nifty/Bank Nifty) are supported by heavyweights like HDFC Bank and IT majors (benefiting from a weaker Rupee), the broader market is witnessing a classic distribution phase. The advice to sell stocks like HAL, Prestige Estates, and HUDCO confirms that the "Buy on Dip" strategy is shifting to "Sell on Rise" for high-beta sectors.
The Indigo Warning: The channel's consistent bearish stance on Indigo (since ₹5600 levels) serves as a case study in corporate governance impact. The financial impact of cancelling 500+ daily flights is now tangible, and investors should wary of "bottom fishing" until operational stability returns.
Sector Rotation: We are seeing a clear rotation from capex/defense/PSU themes (which are correcting) into defensive growth themes like Pharma (Biocon, Ajanta Pharma, Gland Pharma) and IT (Tech Mahindra, Infosys). This is a typical defensive posture ahead of global macro events like the Fed meeting.

🚀 IPO Watch & Primary Market

IPO / Company	Status / News	Details
Wakefit Innovations	Opening Today	Price Band: ₹185-195. Issue Size: ~₹1290 Cr.
Corona Remedies	Opening Today	Price Band: ₹108-162. Issue Size: ~₹655 Cr.
ICICI Prudential AMC	Upcoming (Dec 12)	Price Band: ₹2061-2165. Issue Size: ~₹10,600 Cr. Note: Historical performance of ICICI group IPOs suggests they are often priced to perfection, leaving little listing table money.

📈 Comprehensive Stock Picks

Stock	Action	Target	Stop Loss	Advisor / Segment	Rationale / Notes
Hindalco	Buy	845, 855	811	Sumit Bagadia	Metal sector momentum; chart support at 810.
Ashok Leyland	Buy	167.5, 171	159	Sumit Bagadia	Strong daily chart; breakout from sideways move.
CG Power	Buy	685, 700	652	Sumit Bagadia	Strong recovery candle after 15 days of fall.
Tech Mahindra	Buy	1625	--	Kunal Saraogi	Continuous outperformance; hold for higher levels.
Colgate Palmolive	Buy Fut	2250, 2290	2140	Jay Thakkar	Short covering; positive divergence on charts.
ITC	Buy Fut	415, 422	398	Jay Thakkar	Contra bet; FMCG index showing bullish hammer pattern.
HDFC Bank	Buy Fut	1028, 1026	996	Sachitanand Uttekar	Base shift to 1000; consolidation breakout.
Coforge	Buy Fut	1986, 2010	1938	Sachitanand Uttekar	15-min chart breakout; BTST trade.
HAL	Sell	4160	4585	Rakesh Bansal	Negative crossover on momentum indicators.
Oracle Fin (OFSS)	Sell	7400	8250	Rakesh Bansal	Major neckline breakdown on charts.
NCC	Sell	158, 155	169	Aastha Jain	Big breakdown on daily charts.
Mazagon Dock	Sell	2250, 2200	2600	Akshay Bhagwat	Intraday support of 2600 broken.
PFC	Sell	327, 320	355	Akshay Bhagwat	Support breached; negative technical pattern.
HUDCO	Sell	200	225	Arpit Beriwal	Weekly breakdown; strong bearish candle.
Ajanta Pharma	Buy (Invest)	2850, 2990	2580	Rakesh / Sudip	Strong accumulation; technical breakout. 6-12 month view.
KIMS	Buy	730	690	Rakesh Bansal	Goldman Sachs report with 900 target.
Indus Towers	Buy	425, 435	408	Kunal Saraogi	Big breakout above resistance of 412.
L&T Finance	Buy	325, 329	295	Aastha Jain	Strong momentum; potential to reach 330.
ICICI Bank	Buy	1430, 1440	1374	Sandeep Jain	Strong closing; consistent performer.
Gokaldas Exports	Buy	950, 970	850	Sandeep Jain	Old favorite; strong return potential.
Newgen Software	Buy	1030, 1050	--	Sandeep Jain	IT stock correction offers value; strong order book.
Jubilant Agri & Consumer	Buy	2600	--	Sandeep Jain	Strong quarterly results (PAT 42Cr vs 25Cr).
Gland Pharma	Buy	2400	--	Ambrish Baliga	Leading injectable manufacturer; FY27 EPS est ₹72.
Ajax Engineering	Buy	790	--	Ambrish Baliga	Concrete equipment manufacturer; infra push beneficiary.
Birlasoft	Buy	550	405	Rajesh Palviya	Double bottom formation; recovery seen.
Hind Copper	Buy	430, 440	350	Rajesh Palviya	Sustained buying action; surpassed supply zone.
Bank of Maharashtra	Buy	68, 69	--	Kunal Saraogi	Accumulate between 54-57. Medium term view.
Max Financial	Buy	1850	--	Aastha Jain	Weekly chart breakout.
Jindal Stainless (JSL)	Buy	780 (Short), 820 (Pos)	--	Siddharth Sedani	Strong sales volume; demand from auto/metro segments.

🔍 Stock Social & Viewer Queries

Stock	Expert	View/Action	Analysis
Chambal Fert	Sneha Seth	Caution	Broken 20-DMA on monthly charts. Possible slide to 390-400. Watch 400 level closely; exit if broken.
Cochin Shipyard	Sneha Seth	Hold	Consolidating. Strong support at 1550-1570. Maintain SL 1550. If it crosses 1740, can see 1980-2000.
Infosys	Sneha Seth	Buy	Resilient IT pack. Buy at current levels. SL: 1590. Target: 1680.
HDFC Life	Sneha Seth	Buy	Base formation at 730. Breakout possible. SL: 760 (Deep?). Target: 807.

🛢️ Commodity & Currency Strategy

Silver: Hit a life high of ₹1,85,234 (MCX) before correcting ~$2 globally. Strategy is to buy on dips. Target for year-end by experts ranges from ₹1,70,000 to ₹2,00,000.
Gold: Rangebound. Trading strategy: Buy Feb contract at ~73,000, Target 73,800.
Rupee: Weakened to 90.62. Analysts expect RBI intervention to defend the 91 level by year-end.

📰 Key News & Trends

Pre-Open for Futures: Starting today, F&O stocks have a pre-open session (9:00-9:07 AM). Orders not matched here carry forward to normal market.

Biocon Restructuring: Biocon Ltd to acquire full stake in Biocon Biologics from investors (Serum, Tata Capital) via share swap and cash ($400M). While long-term positive (unlocking value, 100% subsidiary), short-term supply pressure is expected as investors exit.

Indigo Crisis: 500 flights cancelled today. Government taking strict view; DGCA issued show-cause notice. Zee Business maintains a "Sell" stance due to hit on credibility and profitability.

Right to Disconnect: Private member bill introduced in parliament proposing employees have the right to ignore work calls after hours.

👥 Top Advisor Picks Overview

Sandeep Jain

Picks: ICICI Bank, Rainbow Children, CEAT, Gokaldas Exports, Newgen Software, Jubilant Agri.
Theme: Bullish on IT & Consumption.

Rakesh Bansal

Picks: KIMS (Buy), Ajanta Pharma (Buy), HAL (Sell), Oracle Fin (Sell).
Theme: Stock-specific action; bearish on defense.

Kunal Saraogi

Picks: Indus Towers, Tech Mahindra, Bank of Maharashtra, HUDCO (Sell).
Theme: Strong chart breakouts.

Sumit Bagadia

Picks: Hindalco, BSE Ltd, Ashok Leyland, CG Power, ICICI Pru.
Theme: Momentum trading in Metals & Auto.