India Stocks Extend Gains but Point to Weekly Decline

2025-12-12 05:05 By Chusnul Chotimah 1 min. read

The BSE Sensex rose 258 points, or 0.3%, to 85,076 in Friday morning trade, extending gains from the previous session and tracking an upbeat session on Wall Street overnight, where the Dow Jones and S&P 500 ended at record highs following the Fed’s rate cuts.

The Nifty 50 also rose 0.3% to nearly 26,000, while mid-caps gained 0.6% and small-caps climbed 0.5%.

Traders await November inflation data due later today, with the market expecting inflation to have accelerated but to remain within the RBI’s target range, boosting hopes of further rate cuts at the upcoming meeting.

However, lingering concerns over US trade negotiations capped gains.

Almost all sectors traded in the green, led by metals, followed by autos, banking, and financial services.

Among the top performers were Larsen & Toubro (1.9%), Tata Steel (1.8%), IndusInd Bank (1.6%), Maruti Suzuki (1.4%), and UltraTech Cement (1.4%).

Still, the index is heading for a 0.7% weekly decline after being flat in the previous week.



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