KEY HIGHLIGHTS
It's a wrap on real-time market coverage for Wednesday. Thank you so much for joining us today!
Markets At Close: Nifty, Sensex Snaps Three-Day Declining Streak
Nifty closes above 26200 mark
Nifty snaps three-day losing streak
Nifty record biggest intraday gain since 26 June 2025
Broader market indices gain for second consecutive session
Nifty midcap 150 , top gainers include JK cement and Tata Investments
Nifty smallcap 250, top gainers include Natco Pharma and GMDC
All sectoral indices close in green
Nifty metal and Nifty oil&gas led the gains in Nifty
Nifty metal emerges as top sectoral gainer , gains nearly 2%
JSW steel and SAIL gains over 3% emerges as top gainers for Nifty metals
Nifty oil and gas , Nifty Auto and Nifty bank and financials snaps three-day losing streak
Nifty FMCG snaps two-day losing streak
Nifty media snaps six-day losing streak
Rupee Closes Weaker Against US Dollar
Rupee weakened 5 paise to 89.27 against US Dollar
It closed at 89.22 a dollar on Tuesday
Source: Bloomberg
Stock Market LIVE: Atlanta Elecricals Gets Rs 298-Crore Orders In Gujarat
Atlanta Electricals received two orders worth Rs 298 crore from Gujarat Transmission Corp for 25 transformers, the company said in the exchange filing.
Stock Market LIVE: HCC's Board Approves Fundraise Worth Rs 1,000 Crore Via Right Issue
HCC Ltd.'s board approved fundraise worth Rs 1,000 crore via rights issue, the company said in the exchange filing.
Stock Market LIVE: Muthoot Microfin Forecasts 20% Growth In FY26 As Sector Delinquencies Peak
Muthoot Microfin Ltd. a major Indian microfinance institution focusing on microloans for female customers in rural regions, is forecasting good times ahead, as sector headwinds slowly start to fade out, according to the company’s CEO, Sadaf Sayeed.
Muthoot Microfin expects strong growth for the current fiscal ending March 2026, especially having already navigated a period of industry-wide stress. He confirmed that the peak of loan delinquency and over-leveraging concerns are in the past, and therefore, entity such as Muthoot Microfin, could be set for significant operational expansion.
Stock Market LIVE: Nifty Auto Rises To New High
The NSE Nifty Auto index rose 1.32% to a new high of 27,738.80. Uno Minda Ltd., TVS Motor Co, and Bosch Ltd. were top gainers in the index.
Gold Glitters Most Since 1979 — Six Factors That Can Derail The Rally
Gold prices have surged 60% so far this year, its best yearly gain since 1979, outpacing return on equities. The yellow metal is set to clock its fourth consecutive year of positive gains.
The precious metal delivered these exceptional returns, supported by strong central bank buying, rising geopolitical tensions, economic uncertainty, and heavy passive inflows.
Rupee Extends Losses Against US Dollar
Rupee weakened 5 paise to 89.27 against US Dollar
It closed at 89.22 a dollar on Tuesday
Source: Bloomberg
Tembo Global's Board Approves Additional Rs 127 Crore Investment In Defence Arm
Tembo Global's baord approved additional investment of Rs 127 crore in Tembo Defense Products. Now, the total stake in Tembo Defense will increase to 75% post investment.
The board approved re-appointment of Sanjay Jashbhai Patel as managing director for three years with effect from April 1, 2026.
The board re-appointed Fatema Shabbir Kachwala as a Whole-Time Director for three year, effective April 1, 2026
Source: Exchange Filing
Stock Market LIVE: HG Infra Receives Show Cause Notice
The company received a show cause notice worth Rs 220 crore for alleged wrongful availment of input tax credit from Uttar Pradesh Tax Authority for FY22-23.
Source: Exchange Filing
Stock Market LIVE: Paras Defence In Pact With DRDO
Paras Defence and Space Technologies signed a license pact with the Defence Research and Development Organisation to transfer driver night sight technology for T-90 Tank, the company said in the exchange filing.
Stock Market LIVE: Nifty, Sensex At Day's High
Nifty recovers 350 points from the day’s low
Nifty reclaims crucial 26,000 mark
All sectoral indices end in green
Stock Market LIVE: Nifty Rises 1%, Sensex Surges Nearly 900 Points: Five Reasons Why Stock Market Is Rising Today
The Indian stock market snapped three day losing streak to rise over 1% on Wednesday, buoyed by positive global cues and surge in PSU bank and metal stocks.
The Nifty 50 surged 1.12% to hit 26,173.60, while the Sensex climbed nearly 900 points to 84,478.13. This comes after the Asian market mirrored the gains in the Wall Street.
Stock Market LIVE: Chennai Petroleum Share Price Falls Over 10%
Chennai Petroleum Corp share price slumped 10.33% to Rs 913.55 apiece. It was trading 8.86% down at Rs 928.2 apiece as of 1:03 p.m.
'Money Exists To Be Spent': Capitalmind's Deepak Shenoy Shares Key Financial Advice On Right Spending Habits
Ace investor Deepak Shenoy on Wednesday shared a critical piece of financial advice, emphasising that money exists to be spent. The founder of Capitalmind Financial Services has outlined the impact of hoarding cash instead of building the right spending habit.
Stock Market News: Pace Digitek Gets Rs 199 Crore Order
Pace Digitek Ltd. received Rs 199 crore order. The arm gets order from Larsen & Toubro for supply of battery energy storage systems, the company said in the exchange filing.
Stock Market News: IIFL Finance Approves To Raise Rs 2,000 Crore
IIFL Finance's board approved to raise up to Rs 2,000 crore via non-convertible debentures, the company said in the exchange filing.
Stock Market News: TCS Will Deploy AI-Enbaled Solutions For ALDI
Tata Consultancy Services Ltd. will deploy AI-enabled solutions for ALDI's operations, the company said in the exchange filing.
Stock Market News: Oriana Power Gets $2.49 Million Order In Guyana
Oriana Power received $2.49-million order for 3 megawatt solar plant in Guyana, the company said in the exchange filing.
Aurobindo's China Dependence Persists As Penicillin-G Ramp-Up Stalls, Macquarie Remains Bearish
Brokerage firm Macquarie continues to remain underwhelmed by the growth prospects of Aurobindo Pharma Ltd., flagging that the company still leans heavily on China for a key antibiotic input, with its own Pen-G antibiotic capacity yet to meaningfully scale up.
Aurobindo continues to be rated 'underperform' by the brokerage, with a target price of Rs 1,010.
Stock Market LIVE: Nifty Bank Rises To Fresh High As HDFC Bank, Axis Bank Leads
The NSE Nifty Bank index rose 1.18% to a new high of 59,515.30 apiece. HDFC Bank Ltd. and Axis Bank Ltd were top contributor the index. The index has risen 13.89% in 12 months.
Stock Market LIVE: SBI Share Price Scales Fresh High
State Bank of India share price rose 1.57% to a new high of Rs 999 apiece. It contributed the most to the NSE Nifty PSU Bank, which is trading at new high.
Stock Market LIVE: Jindal Stainless, Tata Steel And Other Metal Stocks Surge As Sector Gains Momentum
Metal stocks witnessed a sharp uptick in Wednesday’s trade, signaling renewed investor confidence in the sector. Leading the rally were prominent names such as SAIL, APL Apollo Tubes, Jindal Stainless, Tata Steel, Hindustan Zinc, Vedanta, Hindalco Industries, and JSW Steel, all posting gains across the board.
The NSE Nifty Metal index advanced 1.86% at intraday ad the index hit a 10,096.05 mark.
Stokc Market LIVE: MCX Share Price Hits Fresh High After Crossing Rs 10,000 Mark
Multi Commodity Exchange of India Ltd. share price scaled a fresh high in Wednesday's session. The share price rose for the third day in a row and crossed Rs 10,000 mark for first time.
Stock Market LIVE: Nifty PSU Bank Scales Fresh High
The NSE Nifty PSU Bank index rose 1.80% to a new high of 8,638.30. Indian Overseas Bank, Punjab and Sindh Bank, and Bank of India were top gainers in the index.
Stock Market News: CLSA Sees Nifty Consolidating Before Move Toward 26,800
Nifty’s recent advance, triggered by its breakout from the 24,337–24,432 to 25,448–25,669 trading range, is now showing signs of hesitation as it approaches stiff resistance at the 2024 highs. According to Laurence Balanco of CLSA, this key resistance zone is beginning to exert pressure on the index, coinciding with a noticeable loss of upside momentum.
Sectoral Performance At Open: Nifty Metal Outperforms
On National Stock Exchange, all 15 sectoral indices advanced with the NSE Nifty Metal outperforming.
Nifty Contributors: RIL, ICICI Bank, L&T Support Gains
Markets At Open: Nifty, Sensex Rise After Mixed Open
The NSE Nifty 50 and BSE Sensex rose after a mixed open. Traders are expected to exercise caution as most market participants await more data from the US to get cues on the outlook of US Federal Reserve policy.
The Nifty 50 and Sensex were trading 0.32% and 0.28% higher as of 9:23 a.m.
Yield On 10-Year Bond Opens Flat
The yield on the 10-year bond opened flat at 6.45%
Source: Bloomberg
Rupee Opens Weaker Against US Dollar
Rupee opened 3 paise weaker at 89.25 against US Dollar
It closed at 89.22 a dollar on Tuesday
Source: Bloomberg
Bitcoin Recovery From Worst Of Selloff Holds, Buoying Traders
The intense selling pressure that has weighed on Bitcoin in recent weeks looks to be easing, raising hopes that the token’s brutal slide is nearing an end.
The original cryptocurrency was little changed at around $88,000 on Tuesday, well above last week’s slump that consigned it to a seven-month low, triggering massive liquidations and erasing more than $1 trillion in value from the broader digital-asset market.
Read the full Bloomberg Article here.
Nuvama Bullish On Premier Emerges As New Energy Play, Initiates Coverage
Brokerage firm Nuvama Institutional Equities has initiated coverage on Premier Energies Ltd. calling the company a tactical winner in the New Energy J-curve, even as its core solar business remains steady.
Nuvama has a target price of Rs 1,270 on the counter, with a 'buy' call. According to the brokerage, Premier is aggressively scaling up capacity, deepening backward integration and maintaining healthy DCR-linked realisations.
Pre-Market Experts' View: Investors To Remain Cautious
"The index has witnessed bouts of selling as the Nifty failed to withstand the pressure around 26,000, leading to a decline towards 25,850. On the hourly timeframe, the index has slipped into a bearish zone following two back-to-back consolidation breakdowns. In addition, a bearish divergence is visible on the daily timeframe along with a bearish crossover. Sentiment may continue to remain weak, with the possibility of the index falling towards 25,700. On the higher end, resistance is placed at 26,000."Rupak De, Senior Technical Analyst at LKP Securities.
"Persistent outflows, caution ahead of US Fed meeting next month and uncertainty around progress on a potential U.S.–India trade deal is likely to keep traders guarded."Siddhartha Khemka, Head, Research, Wealth Management, Motilal Oswal Financial Services
Stock Market LIVE: Gold Prices Rises To 1,25,760 Wednesday
Gold prices rose slightly Wednesday morning amid rising hopes for a rate cut in the upcoming policy meeting of the US Federal Reserve. Bullion prices rose 1% to Rs 1,25,760 per 10 grams.
For more details click here.
Stock Market LIVE: Bharti Airtel Shares In Focus As Mittal Family To Offload Rs 7,200-Crore Worth Shares
Shares of telecom giant Bharti Airtel Ltd. are in focus on Wednesday as promoter Mittal family is set to offload equity worth Rs 7,193 crore via large deals in the secondary market.
Indian Continent Investment Ltd., a foreign promoter entity, will float 3.43 crore shares or 0.56% equity at a floor price of Rs 2,096.7 apiece, according to the termsheet. The floor price represents a 3% discount to Tuesday's closing.
Asia Markets LIVE: Japan's Nikkei 225 And South Korea's KOSPI Rise 2% On Fed Rate Cut Hopes
Japan's Nikkei 225 and South Korea's KOSPI rose 2% on Wednesday as the US data releases icnreased hopes for a rate cut in December. The Nikkei 225 and KOSPI were trading 2.33% and 1.89% higher, respectively as of 7:39 a.m.
LIVE: GIFT Nifty Hints At Positive Open; BEL, Paras Defence, Muthoot Microfin Shares In Focus
The GIFT Nifty was trading 0.09% or 24.50 points lower at 26,145 as of 7:02 a.m. However, the index is implying that the NSE Nifty 50 index may open 100 points higher.
Traders will keep an eye for India Glycols, Bharat Electronics Ltd., Paras Defence and Space Technologies Ltd., and Muthoot Microfin shares.
The NSE Nifty 50 closed 108.65 points or 0.42% lower at 25,959.5, while the BSE Sensex ended 331.21 points or 0.39% down at 84,900.71 on Monday.
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