Sensex gains 300 pts from day's low, Nifty above 26,200: Positive global cues among key factors behind market rise

Stock market today: Sensex, Nifty rise amid value buying.

• Sensex and Nifty rebounded, tracking positive global market cues
• Rupee rose 12 paise after RBI's Rs 3 lakh crore liquidity infusion
• Value buying seen in stocks like Shriram Finance and Bajaj Finance

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The benchmark equity indices Sensex and Nifty rebounded from the day’s lows on Wednesday, tracking firm cues from global markets.

The Sensex climbed 115.80 points to 85,640.64, recovering about 250 points from the day’s low. The broader Nifty rose 40.70 points at 26,217.85.

Key factors behind market rise

1) Positive global cues: In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225, Shanghai’s SSE Composite and Hong Kong’s Hang Seng were trading in positive territory. US markets ended higher on Tuesday.

2) Rupee rises: The rupee appreciated 12 paise to 89.51 against the US dollar in early trade, supported by the Reserve Bank of India’s liquidity measures and weakness in the American currency overseas. Forex traders said the rupee opened stronger after the RBI announced liquidity infusion of about Rs 3 lakh crore, which is expected to support the domestic currency and ease liquidity conditions.

3) Value buying: Value buying was seen in select stocks such as Shriram Finance and Bajaj Finance after early declines, as brokerages are upbeat on better returns in 2026.

"As 2025 draws to a close, the market appears to be moving into a consolidation phase with an upward bias. Strong domestic macroeconomic indicators and supportive earnings growth expectations for the second half of FY26 and for FY27 will provide fundamental support," VK Vijayakumar, Chief Investment Strategist at Geojit Investments Ltd, said.

Technical Analysis

Anand James, Chief Market Strategist at Geojit Investments noted that "the 26,100 region pencilled in as the downside marker remained intact yesterday, providing a launch pad for yet another swing higher. Towards this end, 26300-100 will be the starting range for the day with expectations of large moves on break of either extremity. Meanwhile, yesterday's doji lends a sideways bias for initial trades today."

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