Business Economy


Stock market inches 0.6 per cent higher driven by RBI rate cut

New Delhi, Dec 5 (UNI) Indian stock market on Friday inched 0.6 per cent higher led by response of financials as the Reserve Bank of India lowered the key interest rate by 25 basis points.
At close, Sensex ended the day with a healthy gain of 447 points, or 0.52 per cent, at 85,712.37, while the Nifty 50 settled at 26,186.45, up 153 points, or 0.59 per cent.
The BSE Midcap index ended with a modest gain of 0.21% but the Smallcap index fell 0.67 per cent.
Gains in the large and mid-caps lifted the overall market capitalisation of BSE-listed firms to nearly Rs 471 lakh crore from Rs 470 lakh crore in the previous session.
Among the sectors, reacting on the RBI decision, the Nifty Bank was up 0.82 per cent and Financial Services 0.98 per cent ended with healthy gains. Further, the PSU Bank index jumped 1.51 per cent, while the Private Bank index gained 0.49 per cent.
Nifty IT (up 0.90 per cent) and Auto (0.74 per cent) also clocked healthy gains.
On Nifty, around 38 stocks ended in the green. These included the top gainers as Shriram Finance up by 3.04 per cent, SBI up by 2.49 per cent and Bajaj Finserv up by 2.13 per cent.
Shares of HUL (4.92 per cent), Eternal (1.35 per cent) and InterGlobe Aviation (1.27 per cent) ended as the top losers in the index.
Out of 4,328 stocks traded on the BSE, 1,805 advanced, while 2,342 declined. Some 181 stocks remained unchanged.
On BSE, 91 stocks that hit their 52-week highs while as many as 304 stocks hit their 52-week lows.
The key ones on the highs were Hero MotoCorp, Aditya Birla Capital, Hindustan Copper, National Aluminium Company, SKF India (Industrial), and SKF India (Industrial).
Those on lows were UBL, REC, PFC, IREDA and Thermax.
Reacting to the RBI MPC decision, banks and NBFCs led the rally.
Mahindra & Mahindra Financial Services, Sundaram Finance, Shriram Finance, Cholamandalam Investment & Finance Company, Muthoot Finance, L&T Finance, Aditya Birla Capital, RBL Bank, Manappuram Finance, PNB Housing Finance, State Bank of India, and Bajaj Finserv rallied between 6 per cent and 2.4 per cent.
The Asian indices ended on a mixed note with the Japan's Nikkei 225 was the major drag.
South Korea's KOSPI led the pack of gainers in the region, with automobile, electronics, and battery companies gaining in the session.
UNI VK SAS PRS
More News

15 Jan 2026 | 7:16 PM

Hyderabad/New Delhi, Jan 15 (UNI) India’s foreign trade continued to show resilience amid global economic uncertainties, with exports rising 4.33 percent to USD 634.26 billion during April–December 2025, according to data reviewed by the Federation of Indian Export Organisations (FIEO).

see more..

RIL-Owned Reliance Industries Infra Q3 FY26 Profit Up 9 9 per cent YoY At Rs 3 01 cr

15 Jan 2026 | 7:16 PM

Mumbai, Jan 15 (UNI) Reliance Industrial Infrastructure Limited (RIIL), which is a group company of the Mukesh Ambani owned-Reliance Industries Limited (RIL), has reported a 9.9 per cent year-on-year (YoY) increase in its consolidated net profit for the third quarter of FY26.

see more..

Moody’s revises Adani Ports outlook to stable from negative

15 Jan 2026 | 6:39 PM

Chennai, Jan 15 (UNI) Moody's Ratings (Moody's) has today affirmed the Adani Ports and Special Economic Zone Limited's (APSEZ) Baa3 issuer and senior unsecured ratings.

see more..

Kotak marks 30 years on NSE

15 Jan 2026 | 6:37 PM

Kochi, Jan 15 (UNI) Kotak Mahindra Bank has marked 30 years of being listed on the National Stock Exchange (NSE) with a bell-ringing ceremony, celebrating its growth journey alongside India’s emergence as a strong, trusted and modern financial market.

see more..

Blockchain to enhance transparency, security in PSC operations: Kerala CM

15 Jan 2026 | 6:35 PM

Thiruvananthapuram, Jan 15 (UNI) Chief Minister Pinarayi Vijayan today said the introduction of blockchain technology would significantly enhance transparency and data security in the functioning of the Kerala Public Service Commission (PSC).

see more..