The Indian market moved through a sluggish midday session, with the Nifty sitting near 25,960 and the Sensex trading close to 84,995, both weighed down by pockets of selling in banks and select consumer counters. However, there is significant action in individual stocks.
Here are the top movers and shakers at this hour:
Vodafone Idea
Vodafone Idea share price climbed over 4% as buzz intensified around the Cabinet’s scheduled discussion on AGR dues as per various media reports.
By midday, the stock was still holding gains, with Indus Towers one of its largest vendors is up around 2.3% as well. Vodafone Idea’s year-to-date gain of 29% reflects the sharp rebound after the SC directive in October
Chalet Hotels
Chalet Hotels share price rose over 4% after the company pushed out a surprisingly aggressive expansion update, revealing the launch of its new hospitality chain, Athiva Hotels & Resorts. The chain debuts with more than 900 keys across Mumbai, Goa, and Thiruvananthapuram, split across multiple resorts and convention properties.
The move arrives at a time when the company has just swung back into profitability, delivering a Rs 155 crore net profit in the second quarter against a loss a year earlier. To many investors, the pace of rollout, not just the size signalled that Chalet is attempting to build a wider identity in leisure and urban hospitality rather than merely adding incremental capacity.
Public Sector Banks
Public sector bank share prices declined between 3% and 5.7%, dragged lower after the Minister of State for Finance Pankaj Chaudhary, stated in the Rajya Sabha that the government is not considering any proposal to increase the FDI limit in PSBs from 20% to 49%.
The Nifty PSU Bank index slipped more than 2.5%, with Indian Bank falling 5.7%, Punjab National Bank down nearly 4%, and Bank of India losing over 3%. The sharp reaction stemmed from the market’s expectation that a higher FDI limit could have improved long-term capital flexibility for these lenders. Chaudhary also noted that while the government’s absolute shareholding count hasn’t fallen since 2020, the percentage has decreased in some PSBs due to fresh equity issuance by banks themselves.
Trent
Trent share price declined 1.5%, slipping to a fresh 52-week low as weakness in revenue momentum continued to weigh on sentiment. The stock has fallen 41% in calendar year 2025, a sharp reversal from the blistering runs of 2023 and 2024, when it delivered more than 100% returns each year.
Even though Trent reported 18.4% YoY consolidated revenue growth in H1 FY26 and a 32% jump in Ebitda, the combination of tepid demand, a heavier store rollout in Tier-2/3 towns, and fading premium traction has unsettled investors. The stock now trades at levels last seen in April 2024, a stark distance from its Rs 8,345.85 all-time high of October 2024.
Shoppers Stop
Shoppers Stop share price declined 1.5%, even though Nuvama Institutional Equities upgraded the stock to Buy with a target of Rs 595. The brokerage argued that the recent correction offers a reasonable entry point and noted that the retailer’s strategic framework of premiumisation, enhanced in-store design, and a reinforced loyalty engine is beginning to show measurable traction.
Management reiterated these themes during its analyst day, but the stock did not react positively in the immediate term, suggesting that investors want more proof of sustained execution before shifting their stance.
DOMS Industries
DOMS Industries share price jumped 6.4%, propelled by fresh coverage from Antique Stock Broking, which initiated with a Buy and a target of Rs 3,250 an implied upside of nearly 23%.
The brokerage pointed to the company’s steady capacity ramp-up, deeper distribution push, and a strong pipeline of product innovation that has allowed DOMS to command pricing power in categories typically compressed by cost-led competition. The market responded quickly, turning DOMS into one of the day’s stronger movers.
Mindspace Business Parks REIT
Mindspace REIT share price rose 2.1%, backed by firm buying interest.
Jefferies’ assessment of the Raheja Group’s broader positioning outlined a valuation band shaped by two diverging scenarios. The bull case rests on faster leasing cycles, favourable rental resets, and sustained demand for managed office spaces, which would push valuations toward the upper end of REIT peers. The bear case accounts for slower absorption and softer rent escalations, keeping Mindspace anchored to the lower band of comparable REIT valuations.
With nearly 30% one-year returns and stable operating metrics, the REIT continued to attract interest even in a market that has turned cautious on commercial real estate globally.
Angel One
Angel One share price declined 6% after the company released its November business update. While the stock is still more than 32% above its 52-week low, it remains nearly 25% below its 52-week high, which continues to cloud the momentum narrative.