Gold financier stocks hit fresh 52-week highs as rising geopolitical risks and higher Fed rate cut hopes boosted precious metal's prices.
Trent, Shriram Finance, Apollo Hospitals, UltraTech Cement, Adani Ports were among major gainers on the Nifty, while losers were Interglobe Aviation, Wipro, Dr Reddy's Labs, Sun Pharma, Tata Motors Passenger Vehicles. Except media and metal, all other sectoral indices ended in the red with Information Technology, Oil & Gas, Pharma, PSU Bank down 0.4% each. The BSE midcap index was down 0.4 percent and smallcap index ended flat.
Nearly 100 stocks hit 52-week high, including NMDC, Hindustan Copper, Vodafone Idea, City Union Bank, UPL, NALCO, Hindustan Zinc, Eicher Motors, MCX India, Maruti Suzuki, Laurus Labs, M&M Financial, among others.
Benchmark indices were trading largely flat in a tightly range-bound session on Tuesday afternoon, with only marginal gains. gains in energy, metals and select heavyweight stocks were offset by pressure on IT majors. Infosys, TCS and Wipro were among the top drags, while Coal India, Shriram Finance and UltraTech Cement featured among the key gainers.
Biggest Nifty gainers were Shriram Finance, Trent, Wipro, Infosys, Bharti Airtel, while losers included SBI, HDFC Life, Cipla, Tata Consumer, Kotak Mahindra Bank.
The rupee has depreciated by roughly 5.22 percent against the US dollar this year, making it Asia’s worst-performing currency in 2025
Biggest Nifty gainers were Shriram Finance, Trent, Wipro, Infosys, Bharti Airtel, while losers included SBI, HDFC Life, Cipla, Tata Consumer, Kotak Mahindra Bank. BSE Midcap index added 0.8 percent and smallcap index jumped 1 percent. All the sectoral indices ended higher with capital goods, metal, IT up 1-2%.
With the upcoming holiday week likely to see thinner trading volumes, price action may be subdued.
While silver has taken the spotlight recently, the broader setup indicates that gold may be preparing for a catch-up phase, supported by both fundamentals and technical indicators.
All the sectoral indices ended in the green with auto, pharma, oil & gas, realty, telecom, healthcare rose 0.5-1 percent.
In the last three days, Indian rupee has appreciated 1.04 percent against the US dollar, according to the Bloomberg data.
Indian equities are expected to open higher, with capital market stocks in focus amid ICICI Prudential AMC’s listing and SEBI’s expense ratio reforms.
Biggest Nifty gainers were Shriram Finance, Max Healthcare, Bharat Electronics, Power Grid Corp, Tata Motors Passenger Vehicles, while losers included HCL Technologies, Adani Enterprises, Hindalco, JSW Steel, Kotak Mahindra Bank. All the sectoral indices ended in the green with auto, pharma, oil & gas, realty, telecom, healthcare rose 0.5-1 percent. The broader indices outperformed the main indices with BSE midcap and smallcap indices rising 1 percent each.
Currently, total 208 stocks are available for trading in the NSE F&O segment.
Sun Pharma, Power Grid Corp, Tata Steel, Bajaj Auto and Asian Paints were among top losers on the Nifty, while gainers included Interglobe Aviation, Max Healthcare, TCS, Infosys and Tech Mahindra.
Analysts are divided on whether the rupee’s depreciation will accelerate to around six percent annually 2026 onwards or remain gradual, while some suggest the rupee may appreciate in the next year.
Indian markets are likely to open flat to cautious, tracking a sharp US tech selloff and weak Asian cues, with Nifty remaining in a consolidation range.
Sun Pharma, Power Grid Corp, Tata Steel, Bajaj Auto, Asian Paints were among top losers on the Nifty, while gainers were Interglobe Aviation, Max Healthcare, TCS, Infosys, Tech Mahindra. BSE Midcap index ended flat, while smallcap index fell 0.3%. On the sectoral front, realty index rose 0.3% and IT index rose 1%, while, auto, media, pharma, oil & gas, Capital Goods declined 0.3-1%.
The practice of banning commodities trading damages more than just immediate stakeholders—it undermines the credibility and trustworthiness of Indian exchanges and markets
State-run banks were spotted offering dollars aggressively, most likely on behalf of the Reserve Bank of India, three traders told Reuters
This is the domestic currency's biggest single-day gain in seven months
FIIs extended their selling on December 16 as they sold equities of Rs 2381 crore, while DIIs purchased equities of Rs 1077 crore on the same day
Shriram Finance, SBI, Eicher Motors, Hindalco Industries, Tata Consumer were among top gainers on the Nifty, while losers included Max Healthcare, SBI Life Insurance, HDFC Life, Trent, Apollo Hospitals. BSE Midcap index fell 0.6%, while smallcap index shed nearly 1%. Among sectors, PSU Bank index added 1.2%, while media index shed 2%, while Private Bank, Realty, Consumer Durables, FMCG, Healthcare down 0.4-1%.
Economists say that the outcome of the negotiations for a trade deal between India and the US continues to be crucial, as the absence of an agreement could have negative implications for India’s current account deficit in the next fiscal year
More than 120 stocks hit 52-week low, including Devyani International, Jubilant Foodworks, Westlife Foodworld, Sheela Foam, NCC, REC, Sapphire Foods, Mankind Pharma, Piramal Pharma, Petronet LNG, Page Industries, ACC, SKF India, among others.