Stock Market Today: Sensex Rises 427 Points, Nifty 50 Nears 25,900

Market Performance

The Indian stock market snapped a three-day losing streak on Thursday, December 11, recording healthy gains after the US Federal Reserve cut interest rates by 25 basis points. The move, coupled with signals of another potential rate cut next year, influenced global market sentiment, driving the dollar index down by 0.25% and lowering the US 10-year bond yield to 4.12%.

By the close of trading:

• Sensex: 84,818.13, up 427 points (0.51%)
• Nifty 50: 25,898.55, up 141 points (0.55%)
• BSE Midcap Index: up 0.79%
• BSE Smallcap Index: up 0.51%

The broader market rallied, with investors gaining around ₹2.6 lakh crore in a single session as the overall BSE-listed market capitalisation rose from ₹464 lakh crore to ₹466.6 lakh crore.

Key Drivers of the Market

The gains were largely driven by:

• Moderation in the US dollar and bond yields following the Fed’s rate cut
• Buying in index-heavyweights supporting the benchmarks
• Positive momentum across sectoral indices

This combination helped domestic investors regain confidence, lifting both benchmark indices and the midcap and smallcap segments.

Top Gainers and Losers

• Top Gainers in Nifty 50:
  • Adani Enterprises: up 2.65%
  • Jio Financial Services: up 2.63%
  • Tata Steel: up 2.57%
• Top Losers in Nifty 50:
  • Asian Paints: down 1%
  • SBI Life Insurance: down 0.86%
  • Bharti Airtel: down 0.63%

The market witnessed broad participation, reflecting a healthy rebound in sentiment across sectors.

Sectoral Indices

The majority of sectoral indices closed the day with gains.

• Nifty Auto, Metal, Pharma: modest gains around 1%
• Nifty IT: nearly 1% up
• Nifty Bank: up 0.42%, closing at 59,209.85

This broad-based rally shows that multiple sectors contributed to market strength, not just index-heavy companies.

Most Active Stocks

In terms of trading volume, the most active stocks on the NSE included:

• Vodafone Idea: 119.5 crore shares
• Ola Electric Mobility: 9.8 crore shares
• Meesho: 8 crore shares

Additionally, 13 stocks on the BSE jumped over 15%, including Rapid Multimodal Logistics, Octaware Technologies, and Dhillon Freight Carrier.

Market Breadth and 52-Week Movements

• Advance-Decline Ratio (BSE):
  • Total stocks traded: 4,341
  • Advanced: 2,448
  • Declined: 1,742
  • Unchanged: 151
• 52-Week Highs: 85 stocks, including Samvardhana Motherson International, Eicher Motors, and Cummins India
• 52-Week Lows: 166 stocks, including Trent, NCC, Piramal Pharma, and Blue Dart Express

These figures highlight the volatility and sectoral variation in today’s trading session.

Summary

The Indian stock market rebounded strongly on December 11, driven by US Fed rate cuts, favourable global cues, and active buying across sectors. The Sensex climbed 427 points, while the Nifty 50 neared 25,900, marking a broad-based recovery across midcap, smallcap, and large-cap stocks.

Investors tracking Stock Market Today, Sensex Today, Nifty 50 Today, and Indian Stock Market News Today can note that market sentiment remains sensitive to global macroeconomic cues, while domestic sectoral performance shows steady participation.