BSE Midcap and smallcap indices added 1% each. Biggest Nifty gainers were JSW Steel, Tata Steel, ONGC, SBI Life Insurance, Kotak Mahindra Bank, while losers included TCS, Bajaj Finance, Tech Mahindra, Grasim Industries and Infosys. On the sectoral front, except IT and telecom, all other indices closed in the green with metal, media, capital goods, realty, Private Bank, PSU Bank, consumer durables, power up 1% each, while oil & gas index rose 2.5%.
Nearly 200 stocks touched their 52-week low, including Happiest Minds, Poly Medicure, Tata Chemicals, BASF, PCBL Chemical, Dixon Technologies, Vedant Fashions, Colgate Palmolive, Godrej Agrovet, ACC, among others.
Shriram Finance, Tata Steel, Hindalco Industries, M&M, Bajaj Auto were among major gainers on the Nifty, while losers included Max Healthcare, Eternal, Apollo Hospitals, Interglobe Aviation, Tata Consumer. BSE Midcap and smallcap indices ended marginally lower. On the sectoral front, auto index rose 1 percent, metal index added 2 percent, PSU Bank gained nearly 2 percent, however, IT, realty, consumer durables, healthcare, defence down 0.5-1%.
Silver does offer greater upside potential but comes with higher volatility due to its reliance on industrial demand, an analyst said.
A source added that these efforts come amid a push to boost exports to Russia to balance the trade, with a focus on spurring Indian shipments of automobiles, auto components, and pharmaceuticals.
More than 100 stocks hit 52-week high, including Hindustan Copper, Hindustan Zinc, Vedanta, City Union Bank, MCX India, Titan Company, NALCO, NMDC, Hindalco Industries, Eicher Motors, Craftsman, among others
Easing geopolitical tensions and China’s export restrictions were among four key reasons behind the downturn.
Forex traders said foreign portfolio investors continue to offload Indian equities, which has been weighing on the Indian rupee in the last few months.
BSE Midcap index shed 0.4 percent and smallcap index down 0.5%. Tata Steel, Tata Consumer, Asian Paints, Grasim Industries, Nestle India were among major gainers on the Nifty, while losers were HCL Technologies, Adani Ports, Power Grid Corp, Trent, Max Healthcare. Among sectors, except media, all other indices ended lower with auto, IT, pharma, realty, power down between 0.4-0.9 percent.
Attention will be on the FOMC meeting minutes and weekly US jobless claims.
Frictions in Venezuela, where the US has blockaded oil tankers and ramped up pressure on the government of Nicolás Maduro, have added to the precious metal’s haven appeal.
Major research and brokerage houses expect the rupee to exit its current depreciating phase in 2026, but much will depend on the progress of the trade deal between India and its largest trading partner, the US.
The market will remain shut on Thursday, December 25 on account of Christmas.
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.