The Indian stock market witnessed a surge on Wednesday. Positive trends in global markets and buying by domestic institutional investors pushed the Sensex up by 116 points to 85,640 and the Nifty above 26,200. The rupee strengthened due to the RBI’s liquidity-boosting announcement and the weakening of the US dollar in the international market.
Sensex Gains 116 Points, Nifty Crosses 26,200
Mumbai: The Indian stock market opened higher in early trading on Wednesday. The Sensex rose by 115.8 points to 85,640.64 and the Nifty climbed 40.7 points to 26,217.85. Positive trends in global markets and continuous buying by domestic institutional investors helped boost the market. Although early trading opened in the red, a surge was seen later.
Among the 30 Sensex companies, Bajaj Finance, NTPC, Trent, Bharat Electronics, Adani Ports, and Eternal were among the top gainers. Meanwhile, Tech Mahindra, Infosys, HCL Tech, and Sun Pharma were among the laggards. Investors bought shares of these companies considering their strong performance reports and positive economic indicators.
Indian markets open higher amid gains in Asia; Strong US futures
Asian markets also saw gains. South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng index were trading in positive territory. US markets closed higher on Tuesday, which contributed to the positive sentiment in Asian markets.
The Reserve Bank of India announced the purchase of government securities worth ₹2 lakh crore and a US$10 billion dollar-rupee swap auction to increase liquidity in the banking system. These Open Market Operations (OMO) and swap auctions will be conducted from December 29, 2025, to January 22, 2026. This decision will increase liquidity in the market and is likely to lead to a reduction in interest rates.
Share Market Updates: Indian Stock Market Falls Sharply as Sensex Drops 632 Points, Nifty Down 185
Foreign institutional investors (FIIs) sold shares worth ₹1,794.80 crore on Tuesday, while domestic institutional investors (DIIs) bought shares worth ₹3,812.37 crore. The market remained strong due to the confidence of domestic investors. According to experts, the market has strong fundamental support due to expectations of earnings growth in FY2026 and FY2027 and a robust domestic economic situation.
The price of Brent crude, the global oil benchmark, rose to $62.39 per barrel. The weakening of the US dollar and positive sentiment in global markets impacted the rupee and the stock market. Experts believe that continued buying by domestic investors and the RBI's liquidity policies could keep the market strong in the coming days.
