Benchmark indices opened on a positive note on Friday, with the BSE Sensex rising 395.33 points or 0.47 per cent to 85,213.46 and the NSE Nifty gaining 119.50 points or 0.46 per cent to 26,018.05 in morning trade. The Sensex had closed at 84,818.13 on Thursday and opened at 85,051.03 today, while Nifty closed at 25,898.55 in the previous session and opened at 25,978.00 today.
Metal stocks dominated the gainers’ list on the Nifty50, with Hindalco advancing 2.09 per cent to ₹841.60, followed by Larsen & Toubro which gained 1.98 per cent to ₹4,083.20. Tata Steel rose 1.97 per cent to ₹169.66, while IndiGo climbed 1.42 per cent to ₹4,887.50 and JSW Steel added 1.28 per cent to ₹1,119.50.
On the losing side, information technology stocks faced selling pressure. Wipro declined 0.51 per cent to ₹257.93, Infosys fell 0.48 per cent to ₹1,590.40, and Tech Mahindra dropped 0.28 per cent to ₹1,563.80. Max Healthcare lost 0.28 per cent to ₹1,084.90, while HCL Technologies shed 0.25 per cent to ₹1,668.30.
“Nifty snapped its three-session losing streak yesterday, gained 140 points to close at 25,898,” said Devarsh Vakil, Head of Prime Research at HDFC Securities. “Nifty eyes a decisive close above 26,000, shifting market attention toward mid and small-cap stocks for near-term opportunities.”
Market experts highlighted the technical strength emerging in benchmark indices. “Thursday’s intraday recovery sets a constructive tone for today’s session, though any breakout-driven rally will need confirmation through strong weekend closing and supportive overnight positioning,” said Ponmudi R, CEO of Enrich Money. He noted that Nifty 50 continues to defend the rising channel support with the index closing near 25,901 after sharp reversal from 25,693.
The broader market structure remains supported by strong domestic institutional buying despite persistent foreign portfolio investor outflows. “In December so far, FIIs have sold equity worth ₹14,845 crores through the exchanges. This sell figure has been completely eclipsed by the DII buying for ₹36,097 crores during this period,” said Dr VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited.
“A healthy feature of the investment behaviour of retail investors is the steady inflows into mutual fund SIPs, which have been consistently above ₹29,000 crores during the last three months,” Vijayakumar added.
However, currency weakness remained a concern for market participants. “Despite softer global volatility, India could continue to witness elevated intraday swings due to persistent USD/INR pressure. The rupee at 90.25 raises concerns on multiple fronts—elevated imported-inflation risks for the domestic economy and weaker dollar-adjusted returns for foreign portfolio investors,” Ponmudi said.
In commodity markets, gold climbed to over one-month high while silver hit record high almost near to ₹2,00,000 in the Indian market. “Gold has support at ₹1,31,450-1,30,550 while resistance at ₹1,33,150-1,34,900. Silver has support at ₹1,96,950-1,95,200 while resistance at ₹2,00,550-2,01,700,” said Rahul Kalantri, VP Commodities at Mehta Equities.
Crude oil prices remained under pressure with support at ₹5,110-5,050 and resistance at ₹5,255-5,325, Kalantri added.
Shrikant Chouhan, Head Equity Research at Kotak Securities, noted that key support zones are at 25,850/84,500 and 25,800/84,300. “Above these levels, the market could continue the bullish momentum until 26,000/85,100,” he said.
Published on December 12, 2025
