Indian stock markets declined for the second straight session as weakness in IT stocks and investor caution ahead of the US Federal Reserve’s interest rate decision weighed on sentiment. The Nifty 50 fell 0.47% to 25,839.65, while the Sensex dropped 0.51% to 84,666.28. Both indices now trade nearly 1.8% below their all-time highs.
Markets expect the US Fed to cut rates by 25 basis points, with an 87.4% probability assigned by CME FedWatch. Commentary around the pace of future easing will be crucial for global liquidity trends. Meanwhile, a busy IPO lineup and sharp moves in silver prices are adding to short-term volatility.
Against this backdrop, here are five stocks to track in today’s trade.
Kirloskar Brothers Ltd [NSE: KIRLOSBROS]
Kirloskar Brothers has strengthened its governance structure with the appointment of a new Independent Director and completed the amalgamation of a minor subsidiary, helping streamline operations. With the stock trading closer to the lower end of its yearly range after a notable correction, it becomes a candidate for potential recovery in the capital goods space.
Key Data
| Metric | Value |
| Previous Close (as of 9 Dec 2025) | ₹1,611.50 |
| Day Range | ₹1,570.10 – ₹1,615.00 |
| 52-week Range | ₹1,422.35 – ₹2,475.00 |
| Market Cap | ₹126.58B |
| Avg Volume | 47.70K |
| P/E Ratio | 39.43 |
| Dividend Yield | 0.44% |
| Company Type | Midcap Stock |
| Beta | 1.28 |
Relaxo Footwears Ltd [NSE: RELAXO]
Relaxo has introduced a special SEBI-compliant window for re-lodging old physical share transfers, which improves shareholder convenience. The company remains a strong player in affordable footwear, and with the stock trading near the lower end of its 52-week range, it offers scope for sentiment-driven technical recovery.
Key Data
| Metric | Value |
| Previous Close (as of 9 Dec 2025) | ₹420.90 |
| Day Range | ₹415.00 – ₹423.65 |
| 52-week Range | ₹390.35 – ₹683.40 |
| Market Cap | ₹103.78B |
| Avg Volume | 83.28K |
| P/E Ratio | 59.52 |
| Dividend Yield | 0.72% |
| Company Type | Midcap |
| Beta | 1.02 |
Bata India Ltd [NSE: BATAINDIA]
Bata recently touched a 52-week low due to weak quarterly performance and a demand slowdown. Still, strong long-term financial ratios and solid brand equity position the company well for a medium-term recovery. The stock trades at a valuation discount versus peers, making it one to track for a pullback in the footwear segment.
Key Data
| Metric | Value |
| Previous Close (as of 9 Dec 2025) | ₹984.20 |
| Day Range | ₹979.95 – ₹993.70 |
| 52-week Range | ₹942.00 – ₹1,479.00 |
| Market Cap | ₹126.71B |
| Avg Volume | 154.97K |
| P/E Ratio | 74.29 |
| Dividend Yield | 1.93% |
| Company Type | Midcap |
| Beta | 0.64 |
Jyothy Labs Ltd [NSE: JYOTHYLAB]
Jyothy Labs continues to command premium valuations due to its multiyear earnings compounding record. Although recent earnings softened, analysts expect steady mid-single-digit growth ahead. Trading closer to the lower half of its 52-week range, the stock remains a defensive FMCG pick for investors seeking stability.
Key Data
| Metric | Value |
| Previous Close (as of 9 Dec 2025) | ₹285.95 |
| Day Range | ₹284.90 – ₹288.10 |
| 52-week Range | ₹279.00 – ₹423.00 |
| Market Cap | ₹104.82B |
| Avg Volume | 278.42K |
| P/E Ratio | 30.09 |
| Dividend Yield | 1.23% |
| Company Type | Midcap |
| Beta | 0.54 |
Indian Railway Catering and Tourism Corporation Ltd [NSE: IRCTC]
IRCTC stands out with its strong profitability, high return ratios, and negligible debt. The stock’s current P/E is significantly below its five-year average, indicating a more reasonable valuation. With tourism demand rising and diversified revenue streams, IRCTC remains a compelling midcap to watch.
Key Data
| Metric | Value |
| Previous Close (as of 9 Dec 2025) | ₹669.95 |
| Day Range | ₹669.00 – ₹674.00 |
| 52-week Range | ₹656.00 – ₹859.70 |
| Market Cap | ₹535.52B |
| Avg Volume | 741.18K |
| P/E Ratio | 39.04 |
| Dividend Yield | 1.34% |
| Company Type | Midcap |
| Beta | 1.27 |
Conclusion
Volatility from global policy decisions, currency fluctuations, and FII activity is likely to keep markets choppy in the short term. Focusing on company-specific triggers is key. Kirloskar Brothers, Relaxo, Bata India, Jyothy Labs, and IRCTC all offer varied opportunities based on valuation comfort, governance improvements, defensive positioning, or sectoral demand trends.
As always, align any trading or investing decision with your risk tolerance, use proper position sizing, and maintain disciplined entry and exit levels.
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