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Markets trade slightly higher in thin volumes trading session on New Year's Eve
Dec-31-2025

Indian equity benchmarks made a positive start on Wednesday, the final session of calendar year 2025. Markets are trading slightly higher amid lack of cues from Asian counterparts and thin volumes on account of New Year's Eve. Traders continued to take support with government’s statement that India has surpassed Japan to become the world's fourth-largest economy with a size of $4.18 trillion, and is poised to overtake Germany to become the third-largest by 2030. Besides, the Reserve Bank of India has said it will conduct an auction of open market operations purchase of government securities worth Rs 50,000 crore on January 5, 2026, to inject liquidity in the system. However, upside remained capped amid persistent concerns over foreign fund outflows. foreign institutional investors offloaded equities worth Rs 3,844.02 crore on Tuesday. 

On the global front, Asian markets were trading mostly lower in a tight band in lackluster session with several markets in the region closed for New Year's Eve. Besides, data from the National Bureau of Statistics of China showed China's NBS Composite PMI Output Index edged up to 50.7 in December from 49.7 in the previous month, marking the highest reading since June. Meanwhile, markets in South Korea, Japan and Indonesia are closed on account of New Year's Eve. Markets in Hong Kong will shut early. Back home, sugar stocks were in focus as the government allowed exports of organic sugar up to 50,000 tonnes per fiscal year. 

The BSE Sensex is currently trading at 84732.64, up by 57.56 points or 0.07% after trading in a range of 84709.38 and 84929.46. There were 19 stocks advancing against 11 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.21%, while Small cap index was up by 0.49%.

The top gaining sectoral indices on the BSE were Metal up by 1.19%, Oil & Gas up by 0.88%, Energy up by 0.81%, Consumer Durables up by 0.81% and Basic Materials up by 0.78%, while IT down by 0.30%, TECK down by 0.28% and Auto down by 0.06% were the only losing indices on BSE.

The top gainers on the Sensex were Titan Company up by 1.79%, Tata Steel up by 1.65%, Hindustan Unilever up by 1.18%, Bharat Electronics up by 1.17% and Asian Paints up by 0.93%. On the flip side, Bajaj Finserv down by 0.89%, Infosys down by 0.59%, Mahindra & Mahindra down by 0.57%, TCS down by 0.57% and Bajaj Finance down by 0.54% were the top losers.

Meanwhile, with an aim to inject liquidity in the system, the Reserve Bank of India (RBI) has decided to conduct an Open Market Operations (OMO) purchase of government securities for an aggregate amount of Rs 50,000 crore on January 5, 2026. The Reserve Bank will purchase the Government securities through a multi-security auction using the multiple price method.

The central bank said it will purchase government securities of 7.10 per cent GS 2029, 7.95 per cent GS 2032, 7.73 per cent GS 2034, 7.40 per cent GS 2035, 7.41 per cent GS 2036, 8.30 per cent GS 2040, and 7.09 per cent GS 2054. Moreover, the RBI reserves the right to decide on the quantum of purchase of individual securities; accept offers for less than the aggregate amount; purchase marginally higher/lower than the aggregate amount due to rounding-off; accept or reject any or all the offers either wholly or partially without assigning any reasons.

Eligible participants are need to submit their offers in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on January 05, 2026. Physical offers will be accepted only in the event of a system failure. The result of the auction will be announced on the same day and successful participants should ensure availability of securities in their SGL account on January 06, 2026. Earlier, the RBI had said the OMO operations would be conducted in four equal tranches of Rs 50,000 crore each on December 29, January 5, January 12 and January 22.

The CNX Nifty is currently trading at 25984.15, up by 45.30 points or 0.17% after trading in a range of 25969.00 and 26028.00. There were 32 stocks advancing against 18 stocks declining on the index.

The top gainers on Nifty were JSW Steel up by 4.59%, Titan Company up by 1.82%, Tata Steel up by 1.62%, Bharat Electronics up by 1.20% and Hindustan Unilever up by 1.10%. On the flip side, TCS down by 0.56%, Bajaj Finance down by 0.54%, Mahindra & Mahindra down by 0.51%, Wipro down by 0.49% and Interglobe Aviation down by 0.43% were the top losers.

Asian markets were trading mostly in red; Hang Seng slipped 272.6 points or 1.07% to 25,582.00, Straits Times fell 3.80 points or 0.08% to 4,651.58 and Shanghai Composite was down by 2.88 points or 0.07% to 3,962.24, while Taiwan Weighted jumped 294.96 points or 1.03% to 29,002.09.

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