Stocks to Watch on Dec 17, 2025: Vedanta, Reliance, Ola Electric & More in Focus

The Indian benchmark indices, Sensex and Nifty 50, are expected to open on a flat yet positive note on Wednesday, December 17, following two consecutive sessions of decline. Early cues from Gift Nifty point to a subdued start, with the index trading around the 25,937 level, up 21.5 points or 0.08% compared to the previous close of Nifty futures. 

Ola Electric

Ola Electric Mobility promoter Bhavish Aggarwal offloaded over 2.6 crore shares through a bulk deal at ₹34.99 per share. The transaction, executed on the exchanges, was valued at around ₹92 crore, leading to increased market attention on Ola Electric shares.

Vedanta

Vedanta said the National Company Law Tribunal (NCLT) has approved its long-awaited restructuring plan to split the diversified oil-to-metals conglomerate into five independently listed entities. The demerger proposal had earlier faced objections from the government over concerns related to recovery of pending dues, but the clearance now paves the way for the corporate overhaul.

NBCC India

NBCC India announced the receipt of a ₹332.99 crore order from IIT Mandi for providing Project Management Consultancy (PMC) services. In addition, NBCC India also secured a ₹12.05 crore contract from Kandla SEZ for routine annual maintenance work, strengthening its order book.

Reliance Industries

Reliance Industries, through its arm Reliance Consumer Products, has entered the packaged foods segment by reviving the iconic SIL brand. The company plans to position SIL as its flagship offering in this space, expanding Reliance Industries’ consumer products portfolio.

Kaynes Technology

Kaynes Technology said its subsidiary, Kaynes Semicon, has signed two strategic partnerships with Japan-based AOI Electronics Co and Mitsui & Co. These collaborations are aimed at supporting Kaynes Technology’s proposed semiconductor manufacturing initiatives in India.

Protean eGov Technologies

Protean eGov Technologies informed that its board has approved an equity investment of ₹30.2 crore to acquire a 4.95% stake in NSDL Payments Bank. The move marks Protean eGov Technologies’ strategic foray into the digital payments ecosystem.

Indian Overseas Bank

Indian Overseas Bank will see the government divest up to a 3% stake through an Offer for Sale (OFS) starting Wednesday, December 17. Under the non-retail portion, the Centre plans to sell up to 2% equity, translating to 38,51,31,796 shares, on the first day of the issue.

Also Read: Wipro vs Infosys: Which IT Services Company Delivered Highest Earnings in Q2FY26?

Conclusion

Overall, Indian equity markets are set for a cautious yet mildly positive start, supported by selective stock-specific triggers despite subdued broader sentiment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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