Sensex: 80,267.62 (down 97.32 points / 0.12%)
Nifty 50: 24,611.1 (down 23.8 points / 0.10%)
On the broader indices:
- Nifty MidCap 100: down 0.01%
- Nifty SmallCap: up 0.08%
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Impact on the stock market
Sector-wise performance
Nifty Media: biggest drag, down 1.23%
Nifty PSU Bank & Metal: star performers, both gaining over 1%
| Sector/Index | Performance |
| IT & BPM sector | -0.11% |
| Healthcare sector | -0.03% |
| Oil & Gas sector | -0.02% |
| Real estate sector | -0.82% |
| PSU Bank in India | 1.84% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| JSW Steel | 1,142.70 | 1.83 |
| UltraTechCement | 12,202.00 | 1.34 |
| Tata Motors | 680.20 | 1.14 |
| Adani Ports | 1,398.60 | 1.11 |
| Hindalco | 761.95 | 1.08 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| Interglobe Avi | 5,594.50 | -1.97 |
| ITC | 400.50 | -1.66 |
| Bharti Airtel | 1,878.40 | -1.25 |
| Trent | 4,677.50 | -1.12 |
| Titan Company | 3,367.00 | -1.01 |
Market aftermath: Impact on stocks
AI stocks keep Wall Street buzzing
While India’s markets were cautious, Wall Street’s rally continues to be powered almost entirely by AI. JPMorgan estimates that since OpenAI launched ChatGPT in November 2022:
- AI stocks have surged 181% versus 25% for the rest of the S&P 500.
- They’ve contributed 75% of S&P 500 returns, 80% of earnings growth, and 90% of capex growth.
The Magnificent 7 – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla – remain the heavyweights, rising nearly 50% since April, compared to ~20% growth for the other 493 names.
But analysts are starting to whisper about a bubble. Valuations are sky-high, capex is soaring, and even data centres are straining power grids. Still, AI remains the market’s favourite storyline.
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Coforge gets a bullish thumbs-up
Back home, Coforge was buzzing after CLSA initiated coverage with an ‘outperform’ rating and a juicy ₹2,346 price target – that’s a potential 51% upside from its previous close.
CLSA’s reasoning:
- Strong domain expertise in financial services and travel verticals (two-thirds of revenue).
- Consulting-driven execution style under CEO Sudhir Singh.
- Order book strength + revenue and earnings growth forecast at 15–22% CAGR through FY28.
No surprise then that Coforge stock jumped 2.5% intraday and closed higher at ₹1,593.7 on the NSE. With 32 analysts already calling it a “buy,” this mid-tier IT firm is punching above its weight.
You may also read: Coforge stock analysis and expert insights in detail
Blue Dart delivers a surprise
Blue Dart Express soared up to 11% to a two-month high of ₹6,169 after announcing a 9–12% average shipment price hike effective January 1, 2026.
The rationale:
- Offset rising airline costs and global supply chain complexities.
- Invest in technology, greener logistics, and network expansion.
The company sweetened the deal by exempting all new customers who sign up between October and December 2025. By midday, the stock cooled a bit, but was still up 6% at ₹5,909.
The rub-off effect was visible: Delhivery stock climbed 2.3% to ₹450. Clearly, logistics is back in investor focus.
Also read: Blue Dart Express stock analysis & expert insights in detail
Crude oil cools as Gaza peace plan emerges
Energy traders had plenty to chew on after US President Donald Trump unveiled a 20-point peace plan for Gaza alongside Israeli PM Benjamin Netanyahu.
- December Brent futures: $66.68 (down 0.61%)
- November WTI futures: $63.08 (down 0.58%)
- MCX October crude: ₹5,611 (flat), November crude: ₹5,591 (down 0.04%)
The geopolitical angle is clear: a peace deal could stabilise the oil-rich West Asia region. But the bigger headwind is supply. OPEC+ is reportedly considering an extra 137,000 barrels/day output hike in November, which ING analysts warn could tip the market into surplus well into 2026.
That explains why crude prices are under pressure – despite the historic peace headlines.
Conclusion
Dalal Street may have ended slightly lower, but the mood is more cautious than pessimistic. With the RBI policy decision looming, investors are in “wait and watch” mode.
Meanwhile, global cues remain dominated by AI mania on Wall Street, a logistics play in India via Blue Dart and Delhivery, and an oil market torn between peace optimism and OPEC supply fears.
For investors, it’s a reminder that markets are never just about one headline – they’re a patchwork of local triggers, global themes, and sectoral rotations.
The key takeaway? Volatility is here to stay – but opportunities are hiding in the noise.
For more stock market insights, check out the StockGro blog.
