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Capital Investo Research

12th Dec · SEBI-Registered Analyst

Market Highlights: Sensex ends 449 points higher, Nifty reclaims 26,000;
TATASTEEL
l,
ETERNAL
surge up to 3%.

Indian markets wrapped up Friday’s session on a positive note, with the Sensex and Nifty extending the previous day’s Fed-induced rebound, helping pare back the week’s earlier losses. The Nifty 50 climbed 0.57% to 26,046.95, while the BSE Sensex rose 0.53% to 85,267.66, continuing Thursday’s ~0.5% upmove. Despite the late-week recovery, both key indices still finished the week about 0.5% lower, as investors booked profits near lifetime highs earlier in the week. On the Sensex,

TATASTEEL
,
ETERNAL
,
ULTRACEMCO
,
LT
& Toubro, and
MARUTI
were among the top contributors, posting gains ranging between 2% and 3.5%. Midcaps outperformed, with a strong breadth of gainers overshadowing losers. Barring FMCG, most sectoral indices ended higher, led by metals and realty, which fuelled the day’s rally. Conversely, excluding the metals space, several other sectoral indices drifted lower, with defence and PSU banks seeing notable pressure. Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

#WatchOutFor#MacroViews#Miscellaneous#Post-ClosingCommentary
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