HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Key gauges extend gains for second straight session
Dec-12-2025

Indian equity benchmarks extended their gains for a second straight session and ended over half percent higher on Friday following buying in Metal, Basic Materials and Realty shares and positive global trends. Traders overlooked the exchange data showing that Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,020.94 crore on Thursday. 

Some of the important factors in trade:

Rural demand witnesses revival over past year in NABARD survey: The NABARD survey has showed a broad-based revival in rural demand, rising incomes and improved household well-being over the past year. 

India’s corporate bond market poise to exceed Rs 100 trillion by 2030: The Niti Aayog said that India’s corporate bond market has the potential to exceed Rs 100 to 120 trillion by 2030, provided some deeper structural reforms and institutional capacity-building are undertaken. 

Rupee hits record low against US Dollar: Indian rupee depreciated to close at an all-time low against the US dollar, as uncertainty over the India-US trade deal and persistent foreign fund outflows dented investor sentiment.

Auto stocks in watch: The industry body SIAM said passenger vehicle dispatches from companies to dealers increased 19 per cent year-on-year in November as demand remained robust post festive period. Total passenger vehicle sales stood at 4,12,405 units in November, up 18.7 per cent as compared with 3,47,522 units in the year-ago period.  

Global front: European markets were trading higher with banks rising on investor optimism that the U.S. Federal Reserve will deliver more interest-rate cuts in 2026. Asian markets ended higher after the U.S. Federal Reserve delivered an outlook that was not as hawkish as some had anticipated. 

Finally, the BSE Sensex rose 449.53 points or 0.53% to 85,267.66 and the CNX Nifty was up by 148.40 points or 0.57% to 26,046.95.       

The BSE Sensex touched high and low of 85,320.82 and 84,956.74 respectively. There were 21 stocks advancing against 8 stocks declining, while 1 stock remained unchanged on the index.  

The broader indices ended in green; the BSE Mid cap index rose 1.14%, while Small cap index was up by 0.65%.

The top gaining sectoral indices on the BSE were Metal up by 2.58%, Basic Materials up by 1.84%, Realty up by 1.47%, Telecom up by 1.27% and Oil & Gas up by 1.21%, while FMCG down by 0.08% was the lone losing index on BSE.

The top gainers on the Sensex were Tata Steel up by 3.34%, Eternal up by 2.37%, Ultratech Cement up by 2.35%, Larsen & Toubro up by 1.71% and Maruti Suzuki up by 1.51%. On the flip side, Hindustan Unilever down by 1.89%, Sun Pharma down by 0.69%, ITC down by 0.63%, Asian Paints down by 0.57% and Power Grid Corporation down by 0.36% were the top losers.

Meanwhile, Union Commerce Minister Piyush Goyal has exuded confidence in overcoming issues to finalise a freed trade agreement (FTA) with the European Union (EU). Without sharing a timeline on when the pact is expected to be signed, Goyal said that countries like Italy will be able to export their wines and automobiles to India and in turn, India will be able to export whiskies, textiles and auto components to the 27-country bloc.

Citing his discussions with the EU earlier this week, he said ‘We are confident… there are a few issues which we still get over the line. I do believe we should be able to get this over the finishing line. He stated that teams are putting in their best efforts to deliver a good agreement, leaving no stone unturned.

He stated The Indo-EU FTA will be a fair, equitable and balanced document which will be a win-win for all the countries. He also said given the deepening ties between Rome and New Delhi, India-Italy ties will be a defining relationship of the 21st century.

CNX Nifty touched high and low of 26,057.60 and 25,938.45 respectively. There were 36 stocks advancing against 14 stocks declining on the index.    

The top gainers on Nifty were Tata Steel up by 3.38%, Hindalco up by 3.26%, Eternal up by 2.37%, Ultratech Cement up by 2.25% and Larsen & Toubro up by 1.72%. On the flip side, Hindustan Unilever down by 1.80%, Max Healthcare Inst down by 0.73%, Sun Pharma down by 0.72%, ITC down by 0.55% and Asian Paints down by 0.52% were the top losers.

European markets were trading higher; UK’s FTSE 100 increased 26.44 points or 0.27% to 9,729.60, France’s CAC rose 54.94 points or 0.68% to 8,140.70 and Germany’s DAX gained 85.69 points or 0.35% to 24,380.30.

Asian markets ended higher on Friday after the US Federal Reserve delivered an outlook that was not as hawkish as some had anticipated. Japan’s Nikkei jumped tracking a strong lead from Wall Street, where the Dow and S&P 500 closed at fresh record highs, even as investors were still in caution mode ahead of the Bank of Japan’s policy meeting next week where it is expected to raise interest rates. Meanwhile, reports showing that Japan's SoftBank Group and Nvidia are in talks to lead an investment of over $1 billion at a $14 billion valuation in US data center company Skild AI. Chinese and Hong Kong shares gained after China’s economic conference pledged to maintain a ‘proactive’ fiscal policy next year that would stimulate both consumption and investment.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,889.35

16.03

0.41

Hang Seng

25,976.79

446.28

1.75

Jakarta Composite

8,660.50

40.02

0.46

KLSE Composite

1,637.81

12.42

0.76

Nikkei 225

50,836.55

687.73

1.37

Straits Times

4,586.45

65.62

1.45

KOSPI Composite

4,167.16

56.54

1.38

Taiwan Weighted

28,198.02

173.27

0.62
  RELATED NEWS >>
Most Viewed >>
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.