NIFTY TRADES ABOVE 25,850; EUROPEAN MRKT DECLINE

The key equity barometers traded with modest gains in early-afternoon trade after the U.S. Federal Reserve delivered its widely anticipated 25-basis-point rate cut, a move investors hope will help temper foreign outflows. The Nifty traded above the 25,850 mark. All sectoral indices traded in green on the NSE.

At 1:30 ST, the barometer index, the S&P BSE Sensex, surged 350.03 points or 0.41% to 84,741.30. The Nifty 50 index rose 118.90 points or 0.46% to 25,874.95.

In the broader market, the S&P BSE Mid-Cap index added 0.67% and the S&P BSE Small-Cap index rose 0.40%.

The market breadth was positive. On the BSE, 2,322 shares rose and 1,694 shares fell. A total of 190 shares were unchanged.

Gainers & Losers:

Kotak Mahindra Bank (up 2.75%), Eternal (up 2.58%), Jio Financial Services (up 2.08%), Dr. Reddy`s Laboratories (up 1.95%) and Adani Enterprises (up 1.67%) were the major Nifty50 gainers.

Bajaj Finance (down 0.67%), Asian Paints (down 0.70%), Bharti Airtel (down 0.62%), Apollo Hospitals (down 0.41%) and Bajaj Finserv (down 0.52%) were the major Nifty50 losers.

IPO Update:

Park Medi World received bids for 2,88,16,976 shares as against 3,36,89,480 shares on offer, according to stock exchange data at 13:20 IST on Thursday (11 December 2025). The issue was subscribed 0.81 times. The issue opened for bidding on 10 December 2025 and it will close on 12 December 2025. The price band of the IPO is fixed between Rs 154 and 162 per share.

Nephrocare Health Services received bids for 40,44,096 shares as against 1,33,87,854 shares on offer, according to stock exchange data at 13:15 IST on Thursday (11 December 2025). The issue was subscribed 0.30 times. The issue opened for bidding on 10 December 2025 and it will close on 12 December 2025. The price band of the IPO is fixed between Rs 438 and 460 per share.

Stocks in Spotlight:

Shakti Pumps (India) surged 10.05% after the firm received a letter of empanelment from Maharashtra State Electricity Distribution Company (MSEDCL) to install off‐grid DC solar photovoltaic water pumping systems in Maharashtra.

Tata Steel advanced 1.22% after the company�s board approved the acquisition of a 50.01% equity stake in Thriveni Pellets (TPPL) from Thriveni Earthmovers (TEMPL) for a consideration of up to Rs 636 crore.

DCM Shriram rallied 2.22% after the company signed a Memorandum of Understanding (MoU) with Bayer CropScience to jointly explore opportunities in India�s agriculture ecosystem and enhance farmer-centric solutions.

Mazagon Dock Shipbuilders rose 1.15% after the company, in association with the Indian Navy, signed an MoU with the Brazilian Navy to enhance cooperation in the maintenance of Scorp�ne-class submarines and other military vessels.

Ashoka Buildcon rose 1.05% after the company announced that its joint venture with Adani Road Transport and Aakshaya Infra has received a letter of acceptance (LoA) worth Rs 1,815.79 crore from the Brihanmumbai Municipal Corporation (BMC).

Global Markets:

European stocks open slightly lower on Thursday as investors digest the U.S. Federal Reserve�s latest rate cut and commentary.

Most Asian markets traded higher, taking their cue from Wall Street�s upbeat reaction to the Federal Reserve�s third rate cut of the year.

Overnight in the U.S., the Dow Jones Industrial Average climbed 1.1% after the Fed decision, while the S&P 500 added 0.7% and the Nasdaq Composite inched up 0.3%.

The Fed trimmed the Federal Funds rate by 25 basis points to 3.5%-3.75% and hinted that this could be the last cut for a while. At his press briefing, Chair Jerome Powell said the latest move puts the central bank in a comfortable zone on policy.

Alongside the rate call, the Fed also unveiled plans to restart purchases of $40 billion in Treasury bills beginning Friday, nudging short-term yields lower. The policy statement quietly acknowledged a softer labor market, dropping the earlier reference that conditions �remained low,� a subtle sign that the Fed�s attention is tilting more toward supporting growth than fighting inflation.

After the bell, Oracle slid 11% as weak quarterly revenue and a higher spending outlook spooked investors. The selling spilled over to other AI-linked names in extended trade, with Nvidia drifting 1% lower and CoreWeave losing more than 3%.

Powered by Capital Market - Live News