More than 160 stocks hit 52-week low, including BASF, Vedant Fashions, Sterling Wilson, Blue Dart, Trent, Piramal Pharma, CG Consumer, NCC, Page Industries, PCBL Chemical, Dixon Technologies, among others.
The rupee has fallen more than 5% against the dollar in 2025
Hindustan Zinc share price: The sharp rise pulled up the shares of promoter Vedanta as well, which gained nearly 2% in the morning trading hours of Thursday.
All the sectoral indices ended in the green with auto, IT, pharma, telecom, PSU Bank, Private Bank, metal, realty up 0.5-1%. BSE Midcap index rose 0.8% and smallcap index added 0.5%. Kotak Mahindra Bank, Eternal, Jio Financial, Tata Steel, Grasim Industries were among major gainers on the Nifty, while losers were Bharti Airtel, Asian Paints, SBI Life Insurance, Bajaj Finance, Axis Bank.
Broader indices underperformed the main indices with BSE midcap index losing 1 percent and smallcap index falling 0.7 percent.
BSE midcap index fell 1 percent, while smallcap index shed by 0.7 percent.Eicher Motors, Hindalco, HDFC Life, Tata Steel and Adani Ports were among the top gainers on the Nifty; while losers were InterGlobe Aviation, Eternal (Zomato), Trent, Bharti Airtel and Apollo Hospitals. Among sectors, metal and media indices rose 0.4% each, while IT, capital goods, realty, consumer durables, PSU Bank, private bank declined 0.5-1 percent.
Swap traders are expecting a quarter-point rate cut by the Fed but are now leaning toward two further moves by the end of 2026, down from three signaled barely a week ago.
Companies now face a choice between absorbing the hit or passing it on to consumers, just as dealers have begun to report a pick-up in demand after the GST rate cuts and the festive-season surge.
Biggest Nifty losers were Asian Paints, Tech Mahindra, Tata Steel, Dr Reddy's Laboratories, Interglobe Aviation, while gainers included Titan Company, Shriram Finance, Adani Enterprises, Eternal, Bharat Electronics.
Sensex Today | Stock Market LIVE Updates: BSE Midcap and smallcap indices up 0.5% each. Selling is seen in the IT, auto, pharma names, while buying is seen in the realty, capital goods, power, PSU names. Kaynes Technologies, Interglobe Aviation, BSE Limited, JSW Energy and Anand Rathi are among most active shares on the NSE.
More than 520 stocks hit 52-week low, including TataTeleservices, Sterling Wilson, Jupiter Wagons, Ola Electric, SKF India, SJVN, Inox Wind, Thermax, NCC, HFCL, REC, Concord Biotech, Piramal Pharma, Sapphire Foods, Chambal Fertilisers, Mahanagar Gas, CG Consumer, KNR Construction, Power Finance, among others.
Biggest Nifty losers included Interglobe Aviation, Bharat Electronics, JSW Steel, Eternal, Shriram Finance, while gainers were Tech Mahindra, Wipro, HDFC Life, HCL Technologies, HDFC Bank. BSE midcap index shed 1.7% and smallcap index declined 2.2%. All the sectoral indices ended in the red with realty down nearly 3.5%, while media, PSU Bank, telecom down more than 2.5% each.
Rate-sensitive stocks outperformed on December 5. Nifty Financial Services rose 0.8%, while Bank Nifty and PSU Bank index rose 0.5% and 1%, respectively, after the rate cut decision.
The implied yield on the 1-year dollar/rupee forward premium climbed 16 basis points to 2.64%, taking the total rise to over 30 bps in three sessions
The rupee, down 5.5% on year, is Asia's worst performing currency
The rupee hit a fresh record low in early trading Thursday, extending its break below the closely watched 90-per-dollar level
Ratings agency says currency remains undervalued; stronger growth and low inflation to support medium-term recovery
The Opposition has launched a blistering attack against the government over the rupee falling to historic low
The Reserve Bank of India’s Monetary Policy Committee (MPC) will announce its interest rate decision on Friday, with the street sharply divided over the outcome. While industry hopes for a 25-basis-point cut amid benign inflation and a government focus on growth, others expect the central bank to stay cautious. The RBI had kept the repo rate unchanged at 5.5% during its previous meeting on October 1, marking a second consecutive pause after cutting rates by 100 basis points in the first half of 2025. However, the recent slide in the rupee may complicate the rate call. Catch this conversation between Moneycontrol’s Nandita Khemka and CNBC-TV18’s Latha Venkatesh for expert insights on what to expect from the MPC. #rbi #monetarypolicy #rbigovernor #rupees
The visit comes amid a fall in India’s Russian crude oil purchases and ongoing efforts to settle trade in local currencies, alongside talks on energy cooperation and boosting bilateral commerce.
High US benchmark yields, geopolitical tensions and tariff-related swings have eroded the appeal of foreign-currency debt for Indian corporates this year, causing the issuance to drop even as Indian companies boost spending and borrowing at home
PwC’s Ranen Banerjee says India’s evolving import mix limits pass-through even as the currency briefly breaches 90 per dollar
Sber's new tool will assist medium and large businesses in purchasing from both new and current Indian partners
On the sectoral front, IT, media, private bank, Telecom rose 0.2-0.6 percent, while PSU Bank shed 3%, and oil & gas, metal, power, PSU, capital goods, consumer durables down 0.5-1.5%.
A moderate level of rupee depreciation is typically factored into PE return models, but this year’s nearly 5% slide is much steeper and faster than expected.