Stock markets trade higher in early deals

Stock markets trade higher in early deals

Business


From the 30-Sensex firms, Bajaj Finance, NTPC, Trent, Bharat Electronics, Adani Ports and Eternal were among the gainers. File
| Photo Credit: Reuters

Benchmark equity indices Sensex and Nifty rallied in early trade on Wednesday (December 24, 2025), tracking a positive trend in global markets and consistent buying by domestic institutional investors.

The 30-share BSE Sensex climbed 115.8 points to 85,640.64 in early trade. The 50-share NSE Nifty went up by 40.7 points to 26,217.85.

From the 30-Sensex firms, Bajaj Finance, NTPC, Trent, Bharat Electronics, Adani Ports and Eternal were among the gainers.

However, Tech Mahindra, Infosys, HCL Tech and Sun Pharma were among the laggards.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index traded in positive territory.

U.S. markets ended higher on Tuesday (December 23, 2025).

“As 2025 draws to a close the market appears to be moving to a consolidation phase with an upward bias. The strong domestic macros and the supportive earnings growth expectations in Q3 and Q4 of FY26 and for FY27 will provide the fundamental support to the market. The sustained domestic inflows and consistent DII buying will impart resilience to the market. However, since FIIs may sell the rallies, a sharp breakout is unlikely,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

Mr. Vijayakumar further said that the RBI decision to do an additional OMO (Open Market Operations) to the tune of ₹2 lakh crore will significantly enhance liquidity and bring down yields.

“This is positive for credit growth and banking stocks,” he added.

The Reserve Bank of India on Tuesday (December 23, 2025) said it will purchase government securities worth ₹2 lakh crore and conduct a $10 billion buy/sell dollar-rupee swap auction to inject liquidity in the banking system.

The OMO (Open Market Operations) purchase and swap auctions will be conducted between December 29, 2025 and January 22, 2026.

Announcing the decision, the Reserve Bank of India (RBI) said it will continue to monitor evolving liquidity and market conditions and take measures as appropriate to ensure orderly liquidity conditions.

The latest announcement comes days after the RBI conducted ₹1 lakh crore OMO purchase auctions of Government of India securities and USD/INR Buy/Sell Swap auction of $5 billion for a tenor of three years.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,794.80 crore on Tuesday (December 23, 2025), according to exchange data. Domestic Institutional Investors (DIIs), however, remained buyers as they bought equities worth ₹3,812.37 crore.

Brent crude, the global oil benchmark, traded 0.02% up at $62.39 per barrel.

Snapping the two-day gaining streak, the Sensex on Tuesday (December 23, 2025) dipped 42.64 points or 0.05% to settle at 85,524.84. The Nifty ended marginally up by 4.75 points or 0.02% to 26,177.15.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *