Business EconomyPosted at: Dec 11 2025 7:06PM


Market snaps three-day losing streak amid positive global cues

New Delhi, Dec 11 (UNI) The Indian equity indices snapped three-day losing streak with Nifty closing at 25,900 amid positive global cues. This was led by US Federal Reserve's 25-basis-point interest rate cut.
At close, the Sensex was up 426.86 points or 0.51 per cent at 84,818.13, and the Nifty was up 140.55 points or 0.55 per cent at 25,898.55.
The Indian rupee resumed its decline after a brief rally, slipping to another all-time low of 90.48 against the US dollar in intra-day trade.
BSE Midcap index rose 0.8% and smallcap index added 0.5 per cent. The overall market capitalisation of BSE-listed firms rose to Rs 466.6 lakh crore from Rs 464 lakh crore in the previous session.
Among the secrtors, most of the indices ended with gains. Nifty Auto, Metal, and Pharma indices rose by a per cent while the Nifty IT index also rose by almost a per cent, and Nifty Bank rose 0.42 per cent to end at 59,209.85.
Around 39 stocks ended higher in the Nifty index. The key ones included Adani Enterprises up by 2.65%, Jio Financial Services up by 2.63%, and Tata Steel up by 2.57 per cent.
Those on the losing end were Asian Paints (1 per cent), SBI Life Insurance Company (0.86 per cent) and Bharti Airtel (0.63 per cent) ending as the top losers.
Out of 4,341 stocks traded on the BSE, 2,448 advanced, while 1,742 declined. Some 151 stocks remained unchanged.
More than 80 stocks hit 52-week high while over 160 stocks hit 52-week low. Those on the highs were Ramco System, Esab India, Eicher Motors, Samvardhana Motherson International, Cummins India, Jamna Auto, Cupid, among others.
On the lows were BASF, Vedant Fashions, Sterling Wilson, Blue Dart, Trent, Piramal Pharma, CG Consumer, NCC, Page Industries, PCBL Chemical, Dixon Technologies, among others.
Shares of Ola Electric jumped 6.8% to Rs 36.7 apiece. Dixon Technologies and Kaynes Technology gaining 5.3 per cent and 3.6 per cent, respectively. Vodafone Idea joined the rally as well, soaring 5 per cent to Rs 11.26 apiece.
Moderation was seen in the US dollar and bond yields after the US Fed rate cut influences sentiment back home.
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