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Market Today: Sensex Jumps 475 Points In Afternoon Trade, Nifty Trades Above 26,050 On Strong Buying
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The BSE Sensex jumps 335.08 points to trade at 85,151.32 in the early trade, while the NSE Nifty rises by 110.05 points to above 26,000 at 26,009.60.
Stock Market Today.
Market Today: Continuing strong momentum for the second day, the domestic equity market on Friday saw a positive opening amid global stability following the recent US Fed rate cut and easing crude oil prices. The BSE Sensex jumped 475.8 points to trade at 85,290.21 in the early trade, while the NSE Nifty surged by 152.63 points to above 26,000 at 26,051.32.
Among the 30 Sensex shares, 23 were trading in green. Among the top gainers were Tata Steel, Eternal, Ultratech Cement, Larsen & Toubro, and Bharti Airtel, rising by up to 3.37%. On the other hand, the laggards were HUL, Sun Pharma, ITC, Asian Paints, Power Grid, Kotak Mahindra Bank, and SBI, falling by up to 1.77%.
In the broader market, the BSE Midcap and the BSE Smallcap were trading higher by 1.21% and 0.67%, respectively.
“Sentiment remains supported by global stability following the recent US Fed rate cut and easing crude oil prices, although foreign fund outflows and rupee weakness keep traders somewhat cautious. The broader setup suggests a continuation of range-bound movement unless a clear breakout emerges,” said Aakash Shah, Technical Research Analyst at Choice Equity Broking.
Immediate support now lies around 25,750-25,800, and deeper support is positioned near 25,500. On the upside, resistance is expected around 26,000-26,050. Sustained trade above 26,050 may encourage further buying, potentially driving the index toward 26,300. Until then, intraday swings may remain contained, he added.
Global Markets
Asian stocks advanced in early trade on Friday following strength on Wall Street overnight, though a fresh decline in Oracle’s share price sent jitters through the tech sector. Financial markets had to move fast to find their footing this week when the Federal Reserve cut interest rates but gave a less hawkish outlook than expected, and the return of AI bubble worries added to the stress for investors.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.7%, tracking mostly higher US markets on Thursday, the Dow and Russell 2000 indices hit new highs but the Nasdaq fell. Tokyo’s Nikkei 225 outperformed the region in morning trade, climbing 1% as shares in Softbank Group surged 6% after Bloomberg News reported it is considering acquiring the US data centre company Switch Inc.
S&P 500 e-mini futures were unchanged and Nasdaq future were down 0.2% as markets were on edge after Oracle shares plunged 13%, sparking a tech selloff, as the company’s massive spending and weak forecasts fanned doubts over how quickly the big bets on AI will pay off.
December 12, 2025, 09:22 IST
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