The BSE Sensex gained 445.29 points or 0.56%, finishing at 80,248.08, after dipping below the 80,000 mark in early trade. Similarly, the NSE Nifty50 climbed 144.95 points or 0.6%, ending the day at 24,276.05.
The weak opening was triggered by India’s September quarter GDP, which fell short of market expectations, and US President-elect Donald Trump’s threats of 100% tariffs on BRICS nations. These concerns weighed on sentiment initially, but the market shrugged them off as the session progressed.
Impact on the stock market
Sectoral performance
Broader market indices outperformed their benchmark counterparts:
- Nifty Midcap100 rose 1.08%, while Nifty Smallcap100 gained 1.04%.
- All sectoral indices, except Nifty FMCG and PSU Bank, closed higher.
Real estate stocks led the charge, with the Nifty Realty index soaring 3%, followed by Nifty Consumer Durables, which rose 2%. Meanwhile, Healthcare, Media, and Metal indices posted gains of over 1%, while Auto, IT, and Pharma ended with near 1% gains.
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| Sector/Index | Performance |
| IT & BPM sector | 0.93% |
| Healthcare sector | 1.30% |
| Oil & Gas sector | 0.31% |
| Real estate sector | 3.04% |
| PSU Bank in India | -0.20% |
Top gainers today
| Company | Price | Change % |
| UltraTechCement Share Price | 11,648.55 | 3.98 |
| Apollo Hospital Share Price | 7,065.80 | 3.47 |
| Grasim Share Price | 2,693.55 | 3.35 |
| Shriram Finance Share Price | 3,094.20 | 2.47 |
| JSW Steel Share Price | 989.80 | 2.46 |
Top losers today
| Company | Price | Change % |
| HDFC Life Share Price | 640.20 | -2.67 |
| Cipla Share Price | 1,507.70 | -1.71 |
| NTPC Share Price | 358.20 | -1.50 |
| SBI Life Insura Share Price | 1,422.05 | -1.09 |
| Britannia Share Price | 4,907.25 | -0.69 |
Market aftermath: Impact on stocks
Swiggy expands Bolt and shares climb 4%
Swiggy Ltd saw its shares rise 4.2%, closing at ₹490.55, as the company announced a major expansion of its 10-minute delivery service, Bolt, to over 400 cities. Initially launched in metro cities, Bolt is now available in Tier-2 and Tier-3 towns like Roorkee, Patna, and Shillong, among others.
This expansion underscores Swiggy’s focus on reaching customers nationwide, optimising its delivery ecosystem, and boosting investor confidence in its post-listing journey.
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Emami Realty locks in 5% upper circuit
Emami Realty hit a 5% upper circuit, with its stock trading at ₹111.7, after announcing a premium residential project, Emami Aamod, in New Alipore, Kolkata. The project, featuring 3 BHK and 4 BHK apartments and a 1-acre Aqua Serenity Lake, is expected to generate revenues of ₹850 crore.
Despite underperforming the Nifty 50 with a 3% year-to-date decline, this announcement has spurred optimism among investors, marking the stock’s third consecutive session at the upper circuit.
Ola Electric shares up 6% on store expansion
Shares of Ola Electric surged 6% after CEO Bhavish Aggarwal announced plans to expand the company’s store network from 800 to 4,000 locations by 20th December. In a tweet, Aggarwal called it the “biggest single-day store opening ever.”
The move, aimed at bringing Ola Electric closer to customers, also includes service capacity in all new stores, reflecting the company’s aggressive growth strategy. The announcement helped the stock rebound from early losses and close firmly in the green.
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Crude oil prices rise amid China’s manufacturing growth
Crude oil futures edged higher as improved manufacturing activity in China, a key consumer, boosted demand outlook. The Caixin China General Manufacturing PMI rose to 51.5 in November, up from 50.3 in October, beating expectations of 50.5.
At 9:56 am, Brent oil futures for February were trading at $72.25, up 0.57%, while WTI crude for January was at $68.39, also up 0.57%.
However, domestic crude oil futures on MCX showed marginal declines:
- December futures were at ₹5,801, down 0.22%.
- January futures were at ₹5,795, down 0.22%.
Geopolitical tensions in West Asia, including ceasefire violations between Israel and Lebanon, and concerns over OPEC+ output policies, also supported crude prices.
Conclusion
December’s first trading session demonstrated the resilience of India’s stock markets. Despite a weak opening caused by global tensions and disappointing GDP data, the benchmarks rebounded, with gains driven by realty, consumer durables, and mid- and small-cap stocks.
Swiggy’s expansion, Emami Realty’s project launch, and Ola Electric’s bold growth plans injected excitement into the session. Meanwhile, crude oil markets reflected optimism from improved Chinese demand, offsetting geopolitical concerns.
As the markets gear up for the rest of the month, are your investments aligned to ride the upcoming waves? Let us know your thoughts!
For more stock market insights, check out the StockGro blog.
