KEY HIGHLIGHTS
US Futures Gain Ahead Of PMI Data
As of 3:29 p.m., future contracts of Dow Jones rose 0.4% to 44,995.00, those of S&P 500 rose 0.2% to 6,077.25, and Nasdaq 100 was 0.6% up at 21,399.75.
Economic Data Releases And Events For Dec 4
US: ADP Non–Farm Employment Change — 6:45 p.m.
US: Federal Reserve Bank of St. Louis President Alberto Musalem will speak at the Global Interdependence Center College of Central Bankers Symposium, in New York — 7:15 p.m.
US: Final Services PMI — 8:15 p.m.
US: ISM Services PMI — 8:30 p.m.US: Factory Orders — 8:30 p.m.
US: Energy Information Administration Crude Oil Inventories Data — 9:00 p.m.
US: Deutsche Bundesbank President Joachim Nagel will speak at the European Stability Mechanism, in Luxembourg — 10:40 p.m.
Nifty, Sensex Rise For Fourth Day To Clock Best Winning Streak In Months: Market Wrap
The NSE Nifty 50 and BSE Sensex ended with marginal gains after clocking the best winning streak in months. In last four session, the indices gained 1.39% and 1.45%, respectively.
The Nifty 50 ended 10.30 points or 0.04% higher at 24,467.45, and the Sensex ended 0.14% or 110.58 points higher at 80,956.33.
Earlier in the session, the Nifty 50 rose as much as 0.47% to a high of 24,573.20, and the Sensex rose 0.49% to 81,245.39.
The Nifty 50 posted the best winning streak since Sept 26. The index pared some losses from the correction zone with gains in last three sessions. On Nov 13, the Nifty 50 entered correction zone after it declined over 10% from the life high. An index enters correction zone when it declines 10% from record high or 52–week high.
In Wednesday's session, the Sensex reclaimed 81,000 mark for the first time in 29 sessions since Oct 21. The index recorded the best winning streak since Sept 2.
Volatility is the word for today's trade as after a steady opening, the Index soared higher but select heavyweights dented the sentiment and dragged the Index lower. Under the leadership of the PSU Banks, the market recovered but failed to hold higher levels and finally settled the trade at 24,467.45 with gains of 10.30 points, said Aditya Gaggar, director, Progressive Shares.
A Spinning Top candlestick pattern denotes extreme volatility and indecisiveness between the bears and bulls. The undertone of the market is positive and in the case of any correction, if any, it is likely to be bought into. Now, the immediate resistance is 24,660 while on the lower side, 24,350 will work as a strong support, Gaggar added.
The Nifty Bank seems a bit more stronger technically despite the upcoming Monetary Policy Committee meeting and interest rate decision due this Friday. The index is likely to be quite volatile and we expect it to trade in a range of 52,200 to 53,100 with a bullish bias, IFA Global Research Academy said.
HDFC Bank Ltd., Tata Consultancy Services Ltd., ICICI Bank Ltd., NTPC Ltd., and Larsen & Toubro Ltd. added to the Nifty 50 index.
Bharti Airtel Ltd., Reliance Industries Ltd., ITC Ltd., Tata Motors Ltd., and Power Grid Corp of India limited losses to the Nifty 50 index.
On NSE, six sectors advanced, and six declined out of 12. The NSE Nifty PSU Bank rose the most, and the NSE Nifty Energy declined the most.
Broader indices outperformed. BSE Midcap ended 0.8% higher and BSE Smallcap ended 0.7% up.
Ten of 21 sectoral indices on the BSE ended lower and 11 rose. BSE Realty rose the most.
Market breadth was skewed in the favour of buyers. As many as 2,399 stocks rose, 1,572 fell, and 99 remained unchanged on the BSE.
Rupee Ends Weaker Against US Dollar
Rupee weakened by 4 paise to close at a record low of 84.73. It closed at 84.69 on Tuesday, according to data on Bloomberg.
Market At Close
The NSE Nifty 50 and BSE Sensex extended gains to a fourth session.
The Nifty 50 rose for fourth day in a row, which is the best winning streak since Sept 26.
The Sensex rose for fourth day in a row to clock the best winning streak since Sept 2.
The NSE Nifty PSU Bank is the top performing sector on Dec 4.
The NSE Nifty Energy is the worst performing sector.
The NSE Nifty Midcap 150 ended 0.91% higher at 21,485.15.
The NSE Nifty Smallcap 250 ended 0.76% higher at 18,143.55.
Stock Market Live: AIA Engineering Gets US Nod For 4.3% Anti–Dumping Duty On Certain Cast Iron Grinding
AIA Engineering has received approval from the US Department of Commerce for a 4.3% anti-dumping duty on certain cast iron grinding media. The US Department of Commerce is expected to make its final decision on the grinding media duty in April or May 2025, according to an exchange filing.
Stock Market Live: Mphasis Launches Cyber Fusion Centre In Bangalore
Mphasis has launched a Cyber Fusion Center in Bangalore to enhance its global cybersecurity capabilities, according to an exchange filing.
Stock Market Today: TBO Tek Says TBO Korea Holding Offloads Stakes
TBO Tek Ltd. has announced that TBO Korea Holdings has sold a 2.17% stake in the company, according to an exchange filing.
Stock Market Live Updates Today: Nifty 50 Out Of Correction Zone
The Nifty 50 pared some losses from the correction zone with gains in last three sessions. It's now down 6.55% from its record high of 26,277.35, which it touched on Sept 27.
On Nov 13, the Nifty 50 entered correction zone after it declined over 10% from the life high.
An index enters correction zone when it declines 10% from record high or 52–week high.
Stock Market Today: Niva Bupa Share Price Jumps Nearly 19% On Likely Reduction In Health Insurance Premia
On Wednesday, Niva Bupa Health Insurance Co. rose as much as 18.9% to Rs 97.42 apiece, the highest level. It pared gains to trade 17.8% higher at Rs 96.50 apiece, as of 2:17 p.m. This compares to a 0.3% advance in the NSE Nifty 50 Index.
Europe Market Update: Most Share Indices Rise On ECB Rate Cut Hope
Most markets in the Europe rose as hopes for further monetary easing in the rose after the European Central Bank official's dovish comments. Governing Council Member Olli Rehn told in an interview to Finish Newspaper that the region's inflation has slowed to targeted 2% and the euro–area economic growth has been fragile
Stock Market Today: Honasa Consumer Share Price Pare Gains After Hitting Upper Circuit
Honasa Consumer Ltd. hit a 10% upper circuit and rose to Rs 287.85 apiece. It pared gains to trade 7.80% higher at Rs 282.10 apiece as of 1:49 p.m., as compared to 0.28% advance in the NSE Nifty 50 index.
Stock Market Today: Nazara Technologies's Arm
Nazara Technologies Ltd.'s unit signed a letter of intent with Lysto to introduce blockchain applications, it said in an exchange filing.
Stock Market Live: Alembic Pharmaceutical Gets US FDA Nod For An Ophthalmic Solution
Alembic Pharmaceuticals Ltd. has received the US Food And Drug Administration tentative approval for Olopatadine Hydrochloride Ophthalmic Solution. This solution is used to treat itchy eyes caused by pollen, grass, and other allergens, according to an exchange filing.
Stock Market Live: Aurobindo Pharma Clarifies Ownership Of Auro Infra
Aurobindo Pharma has clarified that the company and its subsidiaries are not connected with the ownership or operations of Kakinada Seaports and Kakinada SEZ. This clarification follows a report regarding complaints filed on the ownership held by Auro Infra in Kakinada Seaports and Kakinada SEZ, according to an exchange filing.
Stock Market Live Updates Today: HDFC Bank Share Price Rises To Fresh High
HDFC Bank Ltd. share price rose as much as 2.12% to a record high of Rs 1,865.00 apiece. It was trading 1.64% higher at Rs 1,856.25 as of 12:56 p.m., as compared to 0.6% decline in the NSE Nifty 50 index.
Stock Market Today: Cyient DLM Signs MoU With Arcedo Systems
Cyient DLM has signed an MoU with Arcedo Systems to establish a 500 kilowatt per hour solar power plant at its Mysore facility, according to an exchange filing.
Stock Market Live: Airtel Gets Multi–Billion 4G& 5G Extension Deal
Bharti Airtel Ltd. has awarded a multi-year, multi-billion 4G and 5G extension deal to Ericsson for its operations in India, according to an exchange filing.
Stock Market Live: UBS Global Research On Bajaj Auto
Retains Sell with a target price Rs 7,900, which implied a downside of 12%
Bajaj Auto cuts price of freedom 125
Price cut by Rs. 5000 on entry level and Rs. 10,000 for mid-variant
Price cuts just within 5 months of launch
Since launch Bajaj has dispatched over 80,000 units to dealers
VAHAN Retails were of only 34,000 units
Pulsar variants have also seen price cuts post Diwali
See potential downside risk to street estimates
Stock Market Today: Adani Energy Preferred Bidder For Rs 25,000-Crore Project
Adani Energy Solutions Ltd. has reportedly emerged as the preferred bidder for a high-value transmission project under Rajasthan Part-I Power Transmission. The project, valued at approximately Rs 25,000 crore, is poised to become AESL's largest order win to date, once the formal award process concludes.
Stock Market Live: Suzlon Energy Expands Partnership With Jindal Renewable
Suzlon Energy Ltd. has expanded its partnership with Jindal Renewables for an additional 302.4 MW wind project, which aims to accelerate India’s green steel production, the company said an exchange filing.
Stock Market Today; Nifty 50 To Give More Than 9% Return In 2025, BofA Says
The NSE Nifty 50 rose to 26,500 which implied less than 9% return in the calendar year 2025, BofA said.
The brokerage sees sequential growth in earnings but consensus too optimistic.
The Nifty 50 and overall Indian equities may underperform US equities.
Stock Market Live Wonderla Holidays Surges Nearly 15%
Shares of Wonderla Holidays Ltd. rose nearly 15% in early trading after the company opened its qualified institutional placement on Wednesday. The floor price for the QIP is Rs 829.74 per equity share, as mentioned in an exchange filing.
Most Stocks Of Indian Defense Companies Rise
Shares of most Indian defence companies surged on Wednesday after the Defence Acquisition Council issued its nod for five capital acquisition proposals, worth over Rs 21,772 crore, for the Indian armed forces.
Stock Market Live: Mazagon Dock Shipbuilders Share Price Rises To Over Three–Month High
Mazagon Dock Shipbuilders Ltd. share price rose as much as 4.74% to Rs 4,928.00 apiece, the highest level since Aug 16. It was trading 1.94% higher at Rs 4,796.05 as of 10:03 a.m., as compared to 0.35% advance in the NSE Nifty 50 index.
Stock Market Today: Sensex Reclaims 81,000 For First Time Since Oct 21
The BSE Sensex reclaimed the 81,000 level for the first time in 29 sessions. It was trading 0.36% higher at 81,140.58.
Stock Market Today: Nitiraj Engineering Share Price Locked In Upper Circuit
Nitiraj Engineering Ltd. share price hit a 10% upper circuit and rose to 244.44 apiece. It remained locked in the upper circuit as of 09:45 a.m., as compared to 0.34% advance in the NSE Nifty 50 index.
Stock Market Today: Oberoi Realty Share Price Hits Life High As Nomura Initiates 'Buy'
Shares of Oberoi Realty Ltd. hit an all-time high on Wednesday morning as Nomura has initiated coverage on the company with a 'buy' rating and a target price of Rs 2,500, signaling a potential upside of 19%. The brokerage cited robust growth prospects in pre-sales, annuity income, and business development as drivers for its optimistic outlook.
Reliance Power Share Price Hits 5% Upper Circuit
Reliance Power Ltd. share price hit 5% upper circuit and rose to Rs 41.09 apiece. It remained locked in the upper circuit as of 09:34 a.m., as compared to 0.19% advance in the NSE Nifty 50 index.
Stock Market Live: Nifty, Sensex Open Higher As HDFC Bank, ITC Share Prices Rise
The NSE Nifty 50 and BSE Sensex opened higher as HDFC Bank Ltd. and ITC Ltd. share prices lead. The Indian benchmarks were one of the top gainers in the Asia–Pacific region during open on Wednesday.
As of 09:19 a.m., the Nifty 50 was 24.15 points or 0.1% higher at 24,481.30, and the Sensex was 20.57 points or 0.03% higher at 80,866.32.
"The risk sentients seem to be holding uptight in Indian despite the underwhelming GDP numbers and if the index is able to sustain above 24,500 then we may see further upside towards 24,800. Therefore, we expect Nifty to trade between 24,200 to 24,800 for the day," said IFA Global Research Academy.
HDFC Bank Ltd., ITC Ltd., Bharat Electronics Ltd., Larsen & Toubro Ltd., and Axis Bank Ltd. added to the Nifty 50 index.
Infosys Ltd., Reliance Industries Ltd., ICICI Bank Ltd., Bharti Airtel Ltd., and Power Grid Corp of India weighed on the benchmark Nifty 50 index.
On NSE, seven sectors advanced, three declined, two remained largely flat out of 12. The NSE Nifty IT declined the most, and the NSE Nifty Realty rose the most.
Broader markets outperformed benchmark indices. The BSE Midcap and Smallcap indices were trading 0.41% and 0.69% higher, respectively.
On BSE, 20 sectors advanced and one declined out of 20. The BSE Capital Goods rose the most, and the BSE Telecommunication emerged as the worst performing sector..
Market breadth was skewed in favour of buyers. Around 2,132 stocks advanced, 786 stocks declined, and 109 stocks remained unchanged on BSE.
Stock Market Today: L&T Tech Secures $50 Million Deal
L&T Technology Services Ltd. has secured a $50 million deal as a strategic partner from a global network provider. The deal involves providing product integration services for deployment in the North American market, the company said in an exchange filing.
Stock Market Updates Today: Nifty, Sensex Higher At Pre–Open
At pre–open, the NSE Nifty 50 was 31.60 points or 0.13% higher at 24,488.75, and the BSE Sensex was 0.25% higher at 81,036.22.
Stock Market Live: Yield On The 10-Year Bond Opens Flat
The yield on the 10-year bond opened flat at 6.71%. It closed at 6.71% on Tuesday, according to data on Bloomberg.
Stock Market Today: Rupee Opens Flat Against US Dollar
Rupee opened flat at 84.70 against the US dollar. It closed at 84.69 on Tuesday, according to data on Bloomberg.
Gold Prices Trade With Little Change On Uncertainty Over Fed's Policy Outlook
Gold future prices continued to trade with little change as the latest Jobs Opening and Labour Turnover Survey called for a cautious approach on the Federal Reserve's policy outlook going ahead.
As of 08:47 a.m., the spot gold was trading $2,646.19 an ounce.
Oil Prices Continue To Rise On Supply–Side Worries
Crude oil prices continued to gain on Wednesday as the worries over supply rose after news report said the Organization of Petroleum Exporting Countries and allies mulling to delay to revive output for another three months.
"Brent posted it's biggest gain in two weeks yesterday as it rose 2.5% but was still in the range of 71-76. Investors were monitoring tension in Middle East as Israel said it would continue with the war if their truce with Hezbollah collapses," said Anil Kumar Bhansali, head, treasury and executive director, Finrex Treasury Advisors LLP.
As of 8:23 a.m., the February future contract was trading 0.08% higher at 73.68 a barrel on the Intercontinental Exchange.
Granules India – On U.S. FDA's OAI Classification
Classification doesn't impact ongoing manufacturing or sale of existing products from site.
Classification may impact review of pending submissions from Gagillapur for new products.
Undertaken voluntary remediation plan to address the 6 US Food Drug Administration observations.
Source: Exchange filing
Stock Market Today: Citi Research On Cipla
Retained Buy ipwith target price of Rs 1800 (Earlier Rs 1830); upside potential 16.7%
FY25-27E EPS reduced by 3-6% due to delayed recovery in India and added US competition.
PE multiple revised to 32x (from 34x) reflecting softer India growth
Stock Market Live: CIE Automotive Gets GST Demand
CIE Automotive Ltd. has received multiple GST demands totaling Rs 67.9 lakh from the Coimbatore State Tax Officer. This demand is related to an, the company said in an exchange filing.
Stock Market Today: Nomura On Oberoi Realty
Initiate coverage with Buy, Target: Rs 2,500, upside 21%
Pre-sales should record a 40% CAGR in FY24 to FY27
Poised for aggressive business development
Has relatively low net debt/equity of 0.02x
Strong cash generation
Has INR8500 crore in ready inventory to be sold over the next 2-3 years
Cumulative annuity, hotel revenue expected to record 35% CAGR over FY24-27
Plans to pursue growth by raising funds of up to Rs 6,000 crore
Asia Market Update: Stock Gauges Slide On Tension In South Korea
Asia–Pacific stock gauges declined on Wednesday morning as tension about South Korea's political stability increased. South Korea President Yoon Suk Yeol declared martial law on Tuesday after accusing the opposition of paralysing his administration, which surprised the world, Bloomberg reported.
South Korea is one of the major economy in the world and important in terms of international business.
The KOSPI was 1.87% down and the Nikkei 225 was 0.26% down. The S&P ASX 200 was 0.72% down.
US Market Update: Stocks End Mixed Ahead Of Jobs Data
US share indices ended on a mixed note after the S&P 500 posted its 55th record in Tuesday's session. Market participants await US jobs data, and the Federal Reserve Chair Jerome Powell's remarks.
The Dow Jones Industrial Average ended 0.17% down, and the S&P 500 ended 0.05% higher. The Nasdaq Composite ended 0.40% higher.
GIFT Nifty Near 24,500; ONGC, Reliance Power RVNL Share Prices In Focus
The GIFT Nifty was trading near 24,500. Oil and Natural Gas Corp., Reliance Power Ltd., and Rail Vikas Nigam Ltd. share prices may react because of the news flow overnight.
The GIFT Nifty was trading 0.06% or 14 points higher at 24,514.00 as of 06:38 a.m.
Motilal Oswal Financial Services expect markets to gain some momentum in the near term on the back of positive global cues, optimism around enhanced government spending and favourable monetary policy changes by the Reserve Bank of India, Research Wealth Management Head said.
Benchmark equity indices gained for a third consecutive session to close at their highest in around a month as global sentiment was uplifted ahead of monthly jobs data from the US and on the back of gains in heavyweights.
Nifty ended 0.75%, or 181.10 points, up at 24,457.15, its highest close since Nov. 6, and Sensex ended 0.74%, or 597.67 points, higher at 80,845.75, its best close since Oct. 21.
RECOMMENDED FOR YOU
Stock Market Today: Sensex Ends Nearly 300 Points Lower, Nifty Slips 0.4% As Bank, Financial Stocks Weigh
Jul 02, 2025
Stock Market Today: Sensex Ends Over 680 Points Higher; Nifty Extends Gains On Strong Global Cues
Jun 25, 2025
Stock Market Today: Nifty, Sensex Settle In Red Despite Sharp Reversal From Intraday Lows
Jun 23, 2025
Stock Market Today: Sensex Recoups Nearly 700 Points; Nifty Ends Nearly 1% Higher As HDFC Bank Leads
Jun 16, 2025
POPULAR