HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Indices remain in green in late morning deals
Dec-24-2025

Domestic equity indices remained in green in late morning deals owing to buying in Bajaj Finance, Axis Bank, Ultratech Cement, Adani Ports and Bharat Electronics companies’ stocks.  Meanwhile, broader indices were also trading in green with BSE Small cap index and Mid cap index gaining in the range of 0.20-0.25%. Traders took note of report that Commerce Secretary Rajesh Agrawal has said legally binding commitments on professional services such as chartered accountants, doctors and architects under various Free Trade Agreements (FTAs) signed by India will help open up overseas opportunities for these professionals. He has stated that India's demographic dividend offers immense potential to meet the rising global demand for professional services. On the BSE sectoral front, traders were seen piling up positions in Telecom, Capital Goods, PSU, Basic Materials and Realty, while selling was witnessed in IT, FMCG, Healthcare, TECK and Oil & Gas.

On the global front, Asian markets were trading mixed with several indexes set to close early in lieu of the Christmas Eve holiday. Back home, in the stock specific development, Vikran Engineering surged as the company has received a major work order worth Rs 2,035.26 crore from Onix Renewables, a special purpose vehicle (SPV), for the development of 600 MW AC solar power projects across multiple locations in the state of Maharashtra. 

The BSE Sensex is currently trading at 85605.95, up by 81.11 points or 0.09% after trading in a range of 85386.54 and 85738.18. There were 18 stocks advancing against 12 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index was up by 0.23%, while Small cap index up by 0.20%.

The top gaining sectoral indices on the BSE were Telecom up by 0.51%, Capital Goods up by 0.49%, PSU up by 0.43%, Basic Materials up by 0.43% and Realty up by 0.42%, while IT down by 0.39%, FMCG down by 0.23%, Healthcare down by 0.19%, TECK down by 0.17% and Oil & Gas down by 0.07% were the top losing indices on BSE.

The top gainers on the Sensex were Bajaj Finance up by 2.28%, Axis Bank up by 0.83%, Ultratech Cement up by 0.72%, Adani Ports up by 0.68% and Bharat Electronics up by 0.65%. On the flip side, Sun Pharma down by 1.20%, Tech Mahindra down by 0.67%, Interglobe Aviation down by 0.53%, Infosys down by 0.49% and Titan down by 0.34% were the top losers.

Meanwhile, with an aim of boosting liquidity in the banking system, the Reserve Bank of India is all set to conduct Open Market Operations (OMO) purchase and dollar-rupee swap auction from December 29, 2025 to January 22, 2026. The RBI will purchase government securities worth Rs 2 lakh crore and conduct a $10 billion buy/sell dollar-rupee swap auction. Further, it has assured that it will continue to monitor evolving liquidity and market conditions and take measures as appropriate to ensure orderly liquidity conditions.

RBI will purchase the Government of India securities in four tranches of Rs 50,000 crore each on December 29, 2025, January 5, January 12, and January 22, 2026. Further, USD/INR Buy/Sell Swap auction of $10 billion for a tenor of 3 years to be held on January 13, 2026. The swap is in the nature of a simple buy/sell foreign exchange swap from the Reserve Bank side. A bank shall sell US dollars to the Reserve Bank and simultaneously agree to buy the same amount of US dollars at the end of the swap period. 

Recently, the RBI had conducted Rs 1 lakh crore OMO purchase auctions of Government of India securities and USD/INR Buy/Sell Swap auction of $5 billion for a tenor of three years. It conducts the OMO and swap operations in order to maintain liquidity in the country’s banking system.

The CNX Nifty is currently trading at 26215.00, up by 37.85 points or 0.14% after trading in a range of 26141.40 and 26236.40. There were 32 stocks advancing against 18 stocks declining on the index.

The top gainers on Nifty were Bajaj Finance up by 2.20%, Shriram Finance up by 2.03%, Apollo Hospital up by 1.81%, Coal India up by 1.52% and Hindalco up by 1.30%. On the flip side, Dr. Reddy's Lab down by 1.77%, Sun Pharma down by 1.23%, Wipro down by 1.03%, Tata MotorsPassenger down by 0.95% and Tata Consumer down by 0.84% were the top losers. 

Asian markets were trading mixed; Taiwan Weighted added 61.51 points or 0.22% to 28,371.98, Jakarta Composite gained 2.71 points or 0.03% to 8,587.49, Shanghai Composite strengthened 19.69 points or 0.5% to 3,939.67 and Hang Seng advanced 47.86 points or 0.19% to 25,822.00. However, Nikkei 225 slipped 52.87 points or 0.1% to 50,360.00, KOSPI dropped 6.13 points or 0.15% to 4,111.19 and Straits Times fell 2.63 points or 0.06% to 4,636.34.
  RELATED NEWS >>
Most Viewed >>
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.