Stocks

Stock Market Today: Sensex Jumps 458 Points, Nifty Tops 26,100; GE Vernova Up 10%

Sensex, Nifty, Midcaps, and Smallcaps Rallied as Gold Hit Record Highs and Volatility Stayed Low: Does This Signal A Stronger and More Stable Phase for Indian Markets Ahead?

Written By : Aayushi Jain
Reviewed By : Sankha Ghosh

Overview

  • Sensex gained 458 points, and the Nifty breached the 26,100 mark as buying momentum raised the Indian markets during the day.

  • Mid and small-cap stocks performed better than frontline indices, driven by strong sectors such as IT, Metal, Capital Goods, Telecommunications, among others.

  • Gold scales record levels, while India VIX remains close to historical lows, indicating investor confidence despite market valuations.

Indian stock market today showed bullish momentum as key indices traded in positive territory throughout the intraday session. At press time, Sensex was higher by 458 points, or 0.54 %, at 85,387. Meanwhile, Nifty was up 163 points, or 0.63 %, at 26,129. The broader markets performed even better than the major indices, as the BSE Midcap index gained around 1 %. Here’s how individual stocks performed today based on Moneycontrol Live Updates.

Strong Sectoral Performance

A variety of sectors have contributed to the optimistic market sentiments today. The capital goods, metal, and IT sectors showed an increase of 1 % each. BSE IT index surged by 1.66 %, with the likes of Infosys, Birlasoft, and Mindteck performing well. The telecom sector also surged by almost 1 %, with stocks such as Bharti Airtel, Sterlite Technologies, and Railtel Corporation performing well.

The metal industry continued its fourth consecutive day of gains, up by 1 %. The boost in this sector was led by Hindustan Copper, Hindustan Zinc, and Hindalco shares. Nifty Bank index was up by 0.35 %, led by Federal Bank, Canara Bank, and ICICI Bank shares.

Share Market News Shaping Sentiments Today

Shriram Finance turned out to be one of the most traded stocks on the NSE with a surge of 4.78 % as various brokerages raised their target prices. Jefferies maintained a target price of Rs. 1,080 with a 'buy' rating, and Nomura assigned a target of Rs. 1,140. This rise in stocks follows MUFG Bank's planned equity infusion of Rs. 39,600 crore to purchase a 20% stake in the firm. This move will help enhance the overall credit rating.

Fortis Healthcare rallied by almost 2 % after reporting the acquisition of a 125-bedded hospital in Bengaluru for Rs. 430 crore. Another Rs. 410 crore will be spent over three years to upgrade the facility to over 300 beds.

GE Vernova T & D India went up by over 10 % as it received a multi-year contract for a 2,500 MW High Voltage Direct Current Terminal Station. Its stock is priced at Rs. 3223, a rise of Rs 296 from its closing price.

Jupiter Wagons surged 10 % as promoter Tatravagonka AS acquired 0.55 % equity at Rs. 135 crore. This small-cap stock topped the list of biggest volume shockers with a massive increase of over 3,400 % in volumes.

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Other Notable Trends in the Stock Market Today

Krishna Institute of Medical Sciences gained 1.4% as it inked a lease agreement to set up a 300-bed super specialty hospital with estimated investments of Rs. 300 crore on 1.168 acres in Chennai.

Granules India got tentative approval from the FDA forGeneric Amphetamine Tablets. However, the stock barely recovered. Granules India received five observations during the USFDA facility inspection. None of the observations are linked to data integrity and product safety.

Inox opened a multiplex in Leh in Ladakh with two screens. It now operates 1,774 screens in 356 facilities. However, the company’s stock fell by 0.66 % in the stock market today.

Gold Reaches Record Highs

Gold prices jumped to a record-high value of Rs.1,35,550 per 10 grams on the MCX. It has witnessed the sharpest increase since the oil crisis of 1979. Gold's value has doubled in the last two years. The global spot gold reached a record high of $4,383 an ounce. It marked a jump of 67 % from last year.

Rupee Strengthens

The Indian rupee opened higher by 24 paise at 89.41 to the dollar, recouping some losses from lower levels it touched recently. The rupee earlier touched 91.14 to the dollar on December 16, but has since recovered, easing foreign institutional sales.

Volatility at Record Low

The volatility index, India VIX, remained at near record lows at 9.52 levels, indicating less uncertainty in the markets. Such a scenario with low volatility helps in a steady market recovery and also helps traders in buying during a dip.

Also Read: Best Conservative Hybrid Funds to Buy in December 2025 for Steady Growth

Market Outlook

Indian stock market today is indicative of improving investor sentiment driven by encouraging global trends, stability in the value of the rupee, and sustained buying from domestic institutions. The fact that FIIs turned net buyers after several months of selling is expected to continue the positive trend. However, valuation concerns might hold back stocks from rising further.

FAQs

1. Why has the Indian stock market opened higher today?

The market extended its gains amid aggressive buying across sectors such as IT, metals, and capital goods. Global cues, the rupee's strength, and institutional flows are also said to have impacted market sentiments.

2. Which sectors are performing best in the market?

The key sectors driving the rally are IT, metals, telecom, and capital goods. Mid and small-cap stocks also outperformed large-cap stocks, indicating broader market participation.

3. Why are gold prices rising?

Gold prices skyrocketed amid expectations of a US interest rate cut and demand for safe-haven assets. There are also global uncertainties and exchange rates, pushing the gold price to record-breaking highs worldwide.

4. What is the significance of a low India VIX?

A low India VIX indicates low market volatility and less fear. This results in smooth market movements and makes it attractive for buyers to enter during a small correction.

5. What is the future outlook for Indian stock market?

The outlook remains positive in view of strong domestic support and improvement in international cues. But high stock market valuations can hold back markets from making strong advances, and markets can move up gradually.

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