<div id="readability-page-1"><div id="blog-content">Although the benchmark indices opened higher, they traded negatively throughout the session and ultimately closed red.Indian equity benchmarks, Sensex and Nifty, ended lower for the third consecutive session on Wednesday as media, realty and consumer durables stocks weighed on the Street.At the closing bell, the BSE Sensex closed lower by 120 points (down 0.1%).Meanwhile, the NSE Nifty closed 41 points lower (down 0.1%).SBI, Infosys, and Sun Pharma are among the top gainers today.Trent, HDFC Bank, and ICICI Bank, on the other hand, were among the top losers today.The GIFT Nifty was trading at 25,88,6, lower by 29 points at the time of writing.The BSE MidCap index ended 0.5% lower, and the BSE SmallCap index ended 0.8% lower.Sectoral indices are trading mixed today, with stocks in the metal sector and media sector witnessing buying. Meanwhile, stocks in the power and real estate sectors witnessed selling pressure.The rupee is trading at Rs 89.9 against the US$.Gold prices for the latest contract on MCX are trading 0.3% lower at Rs 134,049 per grams.Meanwhile, silver prices were trading 3% higher at Rs 204,658 per 1 kg.Speaking of stock markets, Research Analyst at Equitymaster, Raul Shah, explains how the game has changed. Chasing hot multibaggers today could prove disastrous. <h3>Shriram Finance Soars Ahead Before Fundraising</h3>In the news from the finance sector, shares of Shriram Finance came into focus. The company announced that its board will convene on 19 December 2025 to review and potentially approve a fund-raising proposal.The company is considering options such as a rights issue, preferential allotment, qualified institutional placement (QIP), or any other permissible method, either individually or in combination, through the issuance of equity shares and/or other eligible securities.Shriram Finance, a retail asset-financing NBFC and part of the Shriram Group, remains committed to promoting financial inclusion. <h3>Tata Power to Finalize Wafer-Ingot Project</h3>Tata Power plans to finalize its 10 GW wafer and ingot project by January, CEO Praveer Sinha said. The company is currently in talks with different states and will soon decide on the project location.The plant is part of Tata Power's backward integration strategy. Sinha mentioned earlier that more details will be shared in the last quarter of FY26.The company is considering states like Odisha, Tamil Nadu, and Andhra Pradesh, looking closely at state policies and incentives before making a final choice. Once set up, the project will make Tata Power a fully integrated solar manufacturer, adding wafer and ingot production to its existing modules and cells manufacturing. <img height="335" src="https://imageproxy.pbkrs.com/https://www.eqimg.com/images/2025/12172025-chart8-equitymaster.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="700" original-src="https://imageproxy.pbkrs.com/https://www.eqimg.com/images/2025/12172025-chart8-equitymaster.gif"/><h3> Ahluwalia Contracts Wins Ram Temple Order</h3>Shares of Ahluwalia Contracts Limited came into focus after it has received a construction order worth Rs 8.8 bn. The company informed that it has received this order from Bihar State Tourism Development Corporation Limited.Ahluwalia Contracts has secured a contract for the construction and overall development of Shri Ram Janmabhoomi Tirtha Kshetra at Punauradham.The project will be executed under the EPC mode as part of civil construction work. The company received the order from a domestic entity and plans to complete it over 42 months.In addition, the company won another contract worth Rs 0.283 bn from Nestled Haven Estates Pvt Ltd and Maia Estates Pvt Ltd for civil and architectural finishing work on a group housing project called The Beacon in Bengaluru.<hr/>More By This Author:Sensex Today Trades Higher; TCS &amp; Infosys Top Gainers Sensex Today Tanks 533 Point; Nifty Below 25,900 Sensex Today Trades Lower; Tata Steel &amp; HCL Tech Top Losers</div></div>

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Indian equity benchmarks, Sensex and Nifty, ended lower for the third consecutive session. Sensex closed 120 points down, and Nifty closed 41 points lower. SBI, Infosys, and Sun Pharma were top gainers, while Trent, HDFC Bank, and ICICI Bank were top losers. Shriram Finance plans a fund-raising proposal. Tata Power to finalize its 10 GW wafer-ingot project by January. Ahluwalia Contracts received a construction order worth Rs 8.8 bn for Ram Temple and another contract for a housing project in Bengaluru.

Sensex Today Ends 120 Points Lower; Nifty Below 25,850