The market moved into the midday session with enough strength to finally push the NIFTY past its long-standing ceiling, something traders had been waiting for since late 2024. The index went on to touch a fresh all-time high of 26,310 before settling slightly lower, still holding respectable gains at 26,238, up 0.13%. The Sensex followed the same direction, trading at 85,846, higher by 0.28%, after touching 86,026. With benchmarks sitting comfortably in green, the real action shifted to individual counters, where corporate developments were doing more to stir activity than macro signals.
Whirlpool of India
Whirlpool of India nosedived 12% after more than 11% stake changed hands through a series of large block deals that caught the market off guard. Heavy blocks often raise questions even before the identities of buyers or sellers become known, and that uncertainty dragged the stock sharply lower. The fall wiped out the gains from the past three sessions, and although it lifted slightly off its low, the stock remained among the day’s worst performers.
Patel Engineering
Patel Engineering surged 16.4% after disclosing that it secured two Letters of Intent from Saidax Engineers and Infrastructures for major excavation and coal-handling work at SECL’s Jhiria West OCP project in Chhattisgarh.
GMDC
The share price of GMDC surged 9% intra-day after the Cabinet cleared Rs 7,,280 crore incentive scheme for manufacturing rare earth permanent magnets (REPM). The scheme roll-out comes at a time when uncertainties over domestic availability of these items put a huge question mark on supply pipeline. These metals are critical for electric vehicles, renewable energy, consumer electronics and defence systems. This is after China imposed export curbs on this in April this year.
Ashok Leyland
Ashok Leyland share price hit a 52-week high after the company announced that the board has approved the merger scheme for its subsidiary. Hinduja Leyland Finance, will be merged with NDL Ventures. The move is part of a merger-by-absorption plan approved by HLFL’s board on November 25, 2025, based on recommendations from the audit committee and independent directors, as mentioned in the company’s regulatory filings.
Paytm (One 97 Communications)
Paytm share price rose 1.8% after the RBI granted final authorisation for the company to operate as a payment aggregator, restoring full merchant onboarding a capability the market had been laser-focused on.
Ashoka Buildcon
Ashoka Buildcon share price climbed 5.2% after its subsidiary agreed to sell its entire stake in five SPVs to Maple Infrastructure Trust for Rs 1,814 crore. The stock later eased but stayed firmly higher for a third straight session, and that persistence hinted at a shift in sentiment rather than a one-day rally.
NACL Industries
NACL Industries hit a 5% upper circuit, driven entirely by the announcement that its board will consider a fundraising proposal on December 1. Whether it’s a rights issue, preferential allotment or QIP. With no selling pressure visible through midday, traders seemed comfortable taking positions ahead of the board’s decision.