It's wrap on real-time market coverage on Friday. Thank you for joining us!
Markets At Close: Nifty Snaps Three-Week Winning Streak
Nifty snaps three week gaining streak; Wipro and Infosys lead the gains
Nifty IT gain over 3% for the week; emerge as the top gaining sector for the week
Mphasis and Wipro are the top gainers in Nifty IT.
Hitachi Energy and KPR Mill fall the most in Nifty Midcap 150
Kaynes Technology and Easy Trip Planners fall the most in smallcap 250
Kaynes Technology fall over 20% this week
All sectoral indices close on a mixed note
Nifty IT and Auto gain for the 4th straight weekly session
Nifty Metal gain for the 2nd consecutive session
Nifty Bank gains for the 6th consecutive session
Nifty Financials snaps four week gaining streak
Nifty Realty fall for the 5th straight week
Nifty Oil and Gas fall for the 3rd consecutive week
Nifty snaps three week gaining streak; Wipro and Infosys lead the gains
Nifty IT gain over 3% for the week; emerge as the top gaining sector for the week
Mphasis and Wipro are the top gainers in Nifty IT.
Hitachi Energy and KPR Mill fall the most in Nifty Midcap 150
Kaynes Technology and Easy Trip Planners fall the most in smallcap 250
Kaynes Technology fall over 20% this week
All sectoral indices close on a mixed note
Nifty IT and Auto gain for the 4th straight weekly session
Nifty Metal gain for the 2nd consecutive session
Nifty Bank gains for the 6th consecutive session
Nifty Financials snaps four week gaining streak
Nifty Realty fall for the 5th straight week
Nifty Oil and Gas fall for the 3rd consecutive week
Rupee Closes Flat Against US Dollar
Rupee closed flat at 89.99 against US Dollar
Source: Bloomberg
Stock Market LIVE: Senores Pharma Gets Philippine FDA Approval For 10 ProductsÂ
Senores Pharma received Philippine Food and Drug Administration's approval for 10 products across therapies like cardiovascular and CNS.
Reliance Industries Has 20.93 Lakh Shares Change Hands In Block Deals
Reliance Industries Ltd. had 20.93 lakh shares changed hands in multiple block deals. The shares moved at the price range of Rs 1,540–1,530 apiece, according to data on Cogencis.
Stock Market LIVE: Bank of Baroda Cuts Repo-Based Lending Rate By 25 Basis PointsÂ
Bank of Baroda reduced repo-based lending rate by 25 basis points to 8.15%.
Stock Market LIVE: IPCA Labs's API Manufacturing Facility Gets 3 Observations
IPCA Laboratories Ltd's API manufacturing facility in Tarapur gets three observations. The regulator conducted inspection from Dec 1–5.
Stock Market LIVE: Ganesh Housing Board Approves Merger With Garm
Ganesh Housing board approved merger scheme of arm Gatil Properties with the company, the company said in the exchange filing.
Stock Market LIVE: Windsor Machines Board ApprovesTo Merge With Arm, Global CNCÂ
Windsor Machines board approved the scheme of amalgamation of arm global CNC with the company.
Stock Market LIVE: Fineotex Chemical's Arm In Pact To Acquire Equity Interests In Four Companies
Fineotex Chemical's arm is in pact to acquire equity interests in four companies
The company includes FrackMex Equipment and Services, CrudeChem Technology ,Oil Pro Advantage and Lonestar Technoboost
Stock Market News: BEML Signs MoU With Sagarmala Finance CorpÂ
BEML Ltd. signed a memorandum of understanding with the Finance Corp for financial support to Maritime Manufacturing Ecosystem, the company said in the exchange filing.
Stock Market News: eClerx Services Fixes Dec 17 As Record Date For Share Buyback
eClerx Services Ltd. fixed Dec 17 as the record date for share buyback for 6.7 lakh shares for up to Rs 300 crore, the company said in the exchange filing.
IndiGo Crisis: DGCA Withdraws Instructions Regarding Published Weekly Rest
DGCA on Friday has withdrawn instructions regarding published weekly rest. This means that airlines can now use leave in place of weekly rest if required.
Stock Market LIVE: HCLTech In Pact With University of Western Australia
HCLTech Ltd. is in pact with the University of Western Australia. The company will co-develop programs in artificial intellifence and cybersecurity with the University of Western Australia.
Kaynes Tech Shares Extend Losses: A Buying Opportunity? Here's What JPMorgan Says
Shares of Kaynes Technology India Ltd. has once again fallen in trade on Friday, extending losses incurred from Thursday's trading session.
The stock is currently trading at Rs 4,877, which accounts for cuts of up to 2%. The stock has fallen almost 34% on a year-to-date basis.
The rapid fall in Kaynes Tech shares comes on the back of a Kotak Institutional Equities report that flagged concerns over the company's 'ambiguous' accounting practices.
RBI Monetary Policy: D-Street Welcomes Slash In Repo Rate
The Reserve Bank of India’s Monetary Policy Committee cut the repo rate by 25 basis points to 5.25%, delivering on expectations with a unanimous vote while maintaining a neutral stance. The move comes against the backdrop of global trade volatility and a weakening rupee, which recently breached the 90-per-dollar mark.
Stock Market LIVE:Â ALPA Accused IndiGo For Engineering A Crisis
IndiGo expanded winter schedule, despite knowing implementation of upcoming Phase II of FDTL
The Airline Pilot Association feels the large-scale disruptions surfaced 35 days after implementation,
This is raising suspicion of a manufactured pilot shortage narrative to pressure Director General of Civil Association
ALPA says DGCA’s move has destroyed parity between airlines
This undermines DGCA’s neutrality and compromised fatigue safety norms
This puts millions of passengers at elevated risk
ALPA fears other airlines will also seek same support from DGCA
Reaction On MPC Meet Outcome: RBI Decided To Stimulate The Economy Amid Low Inflation
"The RBI’s unanimous cut in the repo rate signals that inflationary pressures are easing, while the upward revision of FY26 GDP growth from 6.8 % to 7.3 % reflects renewed confidence in India’s macroeconomic resilience. Combined with the Rs 1-lakh-crore OMO purchase and the three-year USD 5 billion infusion, these actions together set a supportive backdrop for risk assets."Edul Patel, CEO, Mudrex
"The primary focus at this point is to keep the GDP growth intact by utilizing the benign inflation outlook. RBI expects, till Q2 of the next year, CPI inflation will stay within its tolerance limit of 4%. Despite having surprisingly strong Q2FY26 GDP numbers, RBI realizes that the external environment is very challenging and, going forward, there are many factors that can derail the current growth momentum. Thus, the central bank has clearly indicated that stimulating economic growth, infusing more liquidity in the system, improving credit growth, and facilitating smooth transmission of rate cuts are the primary goals at this juncture."Ajay Kejriwal, Executive Director, Choice International Ltd
"The current rate cut is set to spur demand for retail credit, especially among small businesses and the housing sector, as cheaper loans improve affordability and ease repayment burden. Additionally, the upward revision of GDP growth and benign inflation estimates indicates positive economic sentiment, signalling that both investment and consumption are likely to rise."Rajesh Sharma, Managing Director, Capri Global.
LIVE: India-Russia Ties Based On Trust, Says Putin
Russian President Vladimir Putin said ties with India are based on trust.
Russia will work with India on artificial intelligence space.
He shared details on Ukraine War with India. He is working on a peaceful settlement.
Stock Market LIVE: Cyient's Arm Gets Contyract To Supply Tech IPsÂ
Cyient Ltd.'s semi conductor arm received contract to supply tech IPs to Mohali Lab. The arim will supply technology IPs for Rs 4,500 crore modernisation initiative at Mohali Semi-Conductor Lab, the company said in the exchange filing.
IPO GMP: Meesho Vs Aequs Vs Vidya Wires; Check Grey Market Trends On Final Day Of Subscription
The primary market will witness the conclusion of the three mainboard IPOs on Friday, December 5. The grey market premium for the leading e-commerce platform Meesho, diversified contract manufacturing company Aequs, and metal wires producer Vidya Wires will be in the spotlight today as the subscription enters its third and final day.
All three IPOs, which were fully subscribed on Day 1, witnessed further subscription growth with Meesho getting subscribed 7.97 times, Aequs 11.1 times and Vidya Wires 8.26 times on Thursday.
IndiGo Crisis Deepens: Airline Cancels All Delhi Flights Till Dec 5 Midnight
IndiGo on Friday cancelled all flights from Delhi Airport till Dec. 5 midnight, sources from Delhi Airport told NDTV Profit. According to sources, IndiGo had pitched pan-India shutdown till 4 p.m to the Civil Aviation Ministry. However, the proposal was not accepted as a sudden shutdown can cause a cascading effect across the sector.
Corona Remedies IPO GMP Update – Strong Grey Market Buzz Before Opening
Corona Remedies Ltd. will launch its initial public offering (IPO) on Monday, December 8. The Ahmedabad-based pharmaceutical company develops, manufactures and markets products across multiple therapeutic segments, including women’s health, cardiology, pain management and urology.
Reaction On RBI MPC: Further Rate Cuts May Be Less
"The policy package felt like a bouquet of positives for the market, a rate cut, confirmed Rs 1 lakh crore OMO purchases in December, $5 billion FX swaps and a clear assurance of comfortable liquidity conditions. Hard to ask for more in the current macro environment. Interestingly, while markets were divided on the rate cut probability, the MPC voted unanimously, reflecting strong internal alignment. With inflation well anchored and growth projections steady, the outcome was received warmly across asset classes. The forward language on inflation also leaves some room for future accommodation, though further cuts may be less likely near term."V.R.C Reddy, Deputy General Manager, Karur Vysya Bank
"Interestingly, to support growth, RBI acted proactively to provide liquidity in December itself, even though tightening is expected only in 4QFY26. With this approach, we expect more OMO announcements and FX swaps going forward. Overall, this is a dovish and market-supportive policy action, expected to drive yields lower."Vikas Garg, head, fixed income at Invesco Mutual Fund
Stock Market LIVE:Â Ola Electric Shares Crumble To Half Its IPO Price As Stock Hits All-Time Low
Shares of Ola Electric Mobility Ltd. fell further on Friday after hitting an all-time low on Thursday. This dramatic market slide saw the stock trade at less than half its IPO issue price.
The electric vehicle (EV) maker, which debuted with an issue price of Rs 76 per share in August 2024, saw its scrip fall to as low as Rs 34.80 on Friday, Dec.5, 2025 marking the lowest levels hit by the stock since listing.
Rupee Tests 90-Per-US Dollar Level As RBI Announces $5-Billion Buy-Sell Swap
The Indian rupee slipped below 90-per-dollar level briefly on Friday after the Reserve Bank of India reduced the benchmark repo rate by 25 basis points to 5.25% and announced a $5-billion buy-sell swap of a three-year tenure.
RBI Monetary Policy: MPC Cuts Repo Rate By 25 Basis Points To 5.25%; Maintains 'Neutral' Stance
The Reserve Bank of India’s Monetary Policy Committee cut the policy repo rate by 25 basis points to 5.25% on Friday, marking its third reduction in FY26. The move extended the 125-basis-point easing delivered this financial year as the central bank continued to steer policy through a period of low inflation and steady growth.
Stock Market LIVE:Â Hindustan Unilever Share Price Sees 6% Drop As Stock Adjusts To Kwality Wall's Demerger
Hindustan Unilever Ltd. opened Thursday's session on a weak footing before falling further, marking a sharp 6% decline. The drop came as the stock adjusted for the demerger of its ice-cream business, Kwality Wall’s India, following a special pre-open session.
HUL’s adjusted price stood at Rs 2,424, reflecting the Kwality Wall’s demerger.
Stock Market LIVE: Nifty PSU Bank, Nifty Finance RiseÂ
The NSE Nifty PSU Bank and the NSE Nifty Fianncial Services index rose post rate cut. The NSE Nifty PSU Bank was the top leading sector. z
Track live updates on RBI MPC Meet Outcomes here.
The NSE Nifty PSU Bank and the NSE Nifty Fianncial Services index rose post rate cut. The NSE Nifty PSU Bank was the top leading sector. z
Track live updates on RBI MPC Meet Outcomes here.
LIVE: Rupee Retreats From Day's High
Rupee was trading 14 paise stronger at 89.84 against US dollar
Post rate cut, it advanced 28 paise to 89.70 a dollar
It closed at 89.98 a dollar on Thursday
Source: Bloomberg
LIVE:Â Yield On 10-Year Bond Recovers From Day's Low
The yield on the 10-year bond was 2 basis points lower 6.49%
Post rate cut, the yield corrected 6 basis points to 6.45%
It closed at 6.51% on Thursday
Source: Bloomberg
Stock Market LIVE: Most Realty Stocks Surge As RBI Reduces Interest Rates
Most realty stocks surged on National Stock Exchange as the Reserve Bank of India reduced interest rates. Lower interest rates induce demand for home loans which brightens the outlook for realty companies.
"With average housing prices across the top seven cities having risen by notable double-digits (approx. 10%) in 2025 as per ANAROCK Research, this rate cut provides a critical cushion to affordability, potentially bringing home loan interest rates to more attractive levels," Anuj Puri, chairman, ANAROCK Group
Most realty stocks surged on National Stock Exchange as the Reserve Bank of India reduced interest rates. Lower interest rates induce demand for home loans which brightens the outlook for realty companies.
"With average housing prices across the top seven cities having risen by notable double-digits (approx. 10%) in 2025 as per ANAROCK Research, this rate cut provides a critical cushion to affordability, potentially bringing home loan interest rates to more attractive levels," Anuj Puri, chairman, ANAROCK Group
Stock Market LIVE: Nifty Bank Rises; AU Small Finance, IDFC First Bank Top Gainers
The NSE Nifty Bank rose 0.62% to 59,568.65. AU Small Finance Bank Ltd., IDFC First Bank Ltd were top gainers in the index.
The NSE Nifty Bank rose 0.62% to 59,568.65. AU Small Finance Bank Ltd., IDFC First Bank Ltd were top gainers in the index.
Stock Market LIVE: Nifty, Sensex Rise Post RBI Rate Cut
The NSE Nifty 50 and the BSE Sensex extended gains after the Reserve Bank of India reduced rate by 25 basis points to 5.25%. The indices were trading 0.15% and 0.25% higher, respectively as of 10:10 a.m.
The NSE Nifty 50 and the BSE Sensex extended gains after the Reserve Bank of India reduced rate by 25 basis points to 5.25%. The indices were trading 0.15% and 0.25% higher, respectively as of 10:10 a.m.
Indigo Cancells Over 400 Flights; Stock Price Extends Losses
Flight disruptions continued for the fourth straight day on Friday, with nationwide cancellations crossing 400 flights as IndiGo struggles to adjust to the government’s stricter crew safety and flight duty-time limitation norms.
Stock Market LIVE: HCC Share Price Drops To Over Two-Year LowÂ
Hindustan Construction Co share price plunged to over two year low on Friday as the company is set to offer shares on a rights-issue basis on a discount. The share price slumped over 22%.
Hindustan Construction Co share price plunged to over two year low on Friday as the company is set to offer shares on a rights-issue basis on a discount. The share price slumped over 22%.
Just Transaction Issue Wrongly Put, Kaynes Tech's CFO
It's just a transaction issue and wrongly put
Bill discounting takes the longer time for collection
Kaynes Technology India is committed to giving transparent feedback
Source: Kaynes Technology India CFO Jairam Paravastu Sampath
Nifty Contributors: Eternal, Kotak Mahindra, Maruti Suzuki Support GainsÂ
Markets At Open: Nifty, Sensex Steady Before MPC Meet Outcome
The NSE Nifty 50 and the BSE Sensex were trading steady ahead of the Monetary Policy Meet outcome. The indices were trading in a small range as of 9:24 a.m.
The NSE Nifty 50 and the BSE Sensex were trading steady ahead of the Monetary Policy Meet outcome. The indices were trading in a small range as of 9:24 a.m.
Rupee Strengthens Against US Dollar Ahead of MPC Meet Outcome
Rupee opened 13 paise stronger at 89.85 against US Dollar
It closed at 89.98 a dollar on Thursday
Source: Bloomberg
Nifty Bank On Watch: RBI MPC To Deliver Rate Cut Verdict Amid Steep Fall In Inflation
Nifty Bank will be in sharp focus ahead of the RBI’s Monetary Policy Committee decision, with the six-member panel set to announce its verdict on interest rates on Friday at 10:00 a.m. RBI Governor Sanjay Malhotra will deliver the policy outcome.
Stock Market LIVE: Kaynes Tech Responds To Kotak Institutional EquitiesÂ
Kaynes Technology India responded to Kotak Insitutional Equities and said that it respect all forms of independent market analysis and research.
The external perspective help deepen understanding and broaden dialogue. The external perpective help play important role in shaping informed investor deicisons.
Stock Market LIVE: JP Morgan Cautions Kaynes Tech Investors After Kotak’s Critical Report
JPMorgan has sent a clear message to investors looking to buy the dip on Kaynes Technologies: Do not rush. This comes on the back of the stock facing immense pressure on Thursday's trade in the wake of a critical report from Kotak Institutional Equities.
The brokerage firm flagged many concerns around Kaynes Tech's FY25 annual report, calling some of them 'ambiguous' and 'inconsistent' with normal practices.
Read full story here.
Stock Market LIVE: SpiceJet Shares In Focus
SpiceJet Ltd. shares will be in focus on Friday as the airline in its analyst meet has laid out an ambitious roadmap for the next year, signalling a decisive scale-up in operations and a sharper financial recovery as it enters the second half of financial year 2026.
Meesho IPO Final Day: GMP Holds Strong, Signals 40%+ Listing Pop for Investors
E-commerce platform Meesho Ltd. will conclude its initial public offering (IPO) on Friday, December 5. The Bengaluru-based online marketplace which competes with companies like Amazon and Flipkart to sell a range of products, was booked 7.97 times on Day 2.
According to BSE data, investors have placed bids for 2,21,60,51,730 shares against the 27,79,38,446 shares on offer; so far on Friday.
LIVE:Â India May Seek Bids For $7 Billion IDBI Bank Stake This Month
India is poised to seek bids for its $7.1 billion majority stake in IDBI Bank Ltd., a key step in its long-running effort to privatize the previously-distressed lender and accelerate a divestment push.
Read the full Bloomberg article here.
LIVE: UBS Raises Rupee's Range Forecast To 90–92 Per Dollar In 2026 As It Sees Near-Term Risks
The Indian rupee may move between of 90–92 per US dollar range through March 2026 to December 2026, according to UBS Global Research. Near-term downside pressures are at play for the domestic currency, but there could be positive news ahead.
Earlier, UBS forecasted the rupee may move in 87.00–88.00 range against the US dollar from March 2026 to December 2026.
Stock Market LIVE:Â IndiGo's Current Troubles Don't Derail Upside, Says Citi Backing Further Gains
IndiGo’s management has attributed its recent operational turmoil to a confluence of unexpected challenges, including minor technology glitches, winter-related schedule changes, adverse weather, increased congestion, and the implementation of updated crew rostering rules under the new Flight Duty Time Limitations norms effective Nov. 1.
Stock Market LIVE:Â ITC Hotels Stock In Focus As BAT Set To Offload Rs 3,000-Crore Worth Shares
Shares of ITC Hotels Ltd. will be in focus on Friday, as British American Tobacco Plc. is set to offload shares worth nearly Rs 3,000 crore in ITC Hotels Ltd. via large deals. The company will sell shares at a floor price of Rs 205.65 in the secondary market, according to a termsheet.
Asia Markets LIVE: Consolidate As Traders Brace For US Inflation Data
Markets across Asia consolidated on Friday morning as market participants braced for US Personal Consumption Expenditure data, scheduled to be released on Friday.
Japan's benchmark index, the Nikkei 225 declined 1.38% as of 7:03 a.m. South Korea's KOSPI and Australia's S&P ASX 200 were 0.08% and 0.65% higher, respectively as of 7:03 a.m.
LIVE: GIFT Nifty Implies Muted Open; HUL, Tata Capital, Railtel Corp Shares In Focus
The GIFT Nifty was trading trading flat at 26,189 as of 6:30 a.m., which implies a muted open for the NSE Nifty 50 index. Market participants will be monitoring outcome of the Reserve Bank of India's Monetary Policy Committee.
Hindustan Unilever Ltd., Tata Capital Ltd., Railtel Corp of India, and HCLTech Ltd. shares will be in focus.
The Nifty closed above the 26,000 mark, snapping its four-day losing streak. The index saw an uptick of 0.18% or 47.75 points to 26,033.75. The Nifty consolidated in the 250-point range