Taking Stock: Sensex hits 70,000, a new high for Nifty as well on a choppy day

On December 12, the Sensex was up 102.93 points or 0.15 percent at 69,928.53, and the Nifty was up 27.70 points or 0.13 percent at 20,997.10.

The Indian equity benchmarks hit fresh milestones in a volatile session on December 11, with the Sensex going past 70,000 for the first time and the Nifty hitting a new high of 21,026.10 amid widespread buying barring the pharma sector.

At close, the Sensex was up 102.93 points, or 0.15 percent, at 69,928.53, and the Nifty was up 27.70 points, or 0.13 percent, at 20,997.10.

Amid mixed global cues, the market opened marginally higher and the Sensex hit a record level of 70,057.83 but couldn’t hold gains amid booking and closed off the day’s highs.

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Stocks and sectors

Top gainer on the Nifty were UPL, UltraTech Cement, Bajaj Auto, Adani Enterprises and LTIMindtree, while losers were Dr Reddy's Laboratories, Cipla, Axis Bank, BPCL and M&M.

Among sectors, PSU bank, FMCG, capital goods, power, metal and realty were up 0.5-1 percent, while the pharma index down 0.4 percent.

The BSE midcap index rose a percent and the smallcap index added 0.7 percent.

Index	Prices	Change	Change%
Sensex	84,426.34	62.97	+0.07%
Nifty 50	25,868.60	25.45	+0.10%
Nifty Bank	58,007.20	-26.00	-0.04%

Nifty 50 25,868.60 25.45 (0.10%)

Tue, Oct 21, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Cipla	1,663.60	24.50	+1.49%

Biggest Loser	Prices	Change	Change%
Kotak Mahindra	2,197.00	-16.80	-0.76%

Best Sector	Prices	Change	Change%
Nifty Metal	10232.80	40.90	+0.40%

Worst Sector	Prices	Change	Change%
Nifty PSU Bank	7853.30	-4.55	-0.06%

The Nifty Bank index also hit its new high of 47,588 before closing flat at 47,314.25.

A long build-up was seen in Dixon Technologies, Jindal Steel & Power and GMR Airports Infrastructure, while a short build-up was seen in Dr Reddy's Laboratories, Can Fin Homes and Hindustan Petroleum Corporation.

Among individual stocks, a volume spike of more than 300 percent was seen in India Cements, Dixon Technologies and India Cements.

Aptus Value, Ashoka Buildcon, Century Plyboard, Cheviot Company, Dixon Technologies, GMR Airports. Inox Wind, Jindal Steel, J&K Bank, NOCIL, Patel Engineering, Polycab, Puravankara, Sandur Manganes, SpiceJet, Subros, Wockhardt among the stock which touched their 52-week high on the BSE. Click here for the full list

Outlook for December 12

Aditya Gaggar Director of Progressive Shares:

A rangebound trade comes to an end on a positive note at 20,997.10 with gains of 27.70 points. Except for Pharma, rest all the sectors ended the day in green with PSU Banks and Media being the top performers. In today's trade, volume-based buying was seen in Railway stocks. Despite the rangebound trade, a strong market breadth indicates that the interest of the market participants is more towards the Broader markets which resulted in an outperformance by the Mid and Smallcap indices.

For the past couple of days, the Index has been oscillating in a narrow range but the positive side is that the support levels have shifted upwards. The immediate hurdle is at 21,090 while the downside is protected at 20,900.

Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas:

The Nifty opened on a flat note and consolidated within a range. It closed with marginal gains of ~20 points. On the daily charts we can observe that the Nifty is trading around the level of 21000 which can act as a psychological resistance from short term perspective. Overall the trend is positive and incase of a dip towards 20870 – 20850, should be used as a buying opportunity. The upmove is likely to be slow and steady considering the sharp run-up witnessed last week. Sector rotation and stock specific action is likely to keep the index elevated from short term perspective.

Bank Nifty continued its upmove and closed with marginal gains. It faced selling pressure around the 47500 levels. Thus, going ahead we can expect some consolidation. The range of consolidation is likely to be 46800 – 47500. Overall, the trend is positive and dips should be used as a buying opportunity.

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