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Below the Quote on Markets 11th Dec 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital - Prabhudas Lilladher

"Indian equities snapped a three-day losing streak and ended with healthy gains on Thursday, supported by broad-based buying across sectors and positive global cues after the US Federal Reserve announced a 25-basis-point rate cut overnight. The move boosted risk sentiment and helped domestic benchmarks recover from recent weakness.

The Sensex climbed 426.86 points to close at 84,818.13, while the Nifty rose 140.55 points to settle at 25,898.55, ending just shy of the 25,900 mark.

Gains were driven by strong action in auto, metal, banking and telecom stocks, with Kotak Mahindra Bank, Eternal, Jio Financial, Tata Steel and Grasim Industries leading the Nifty. On the downside, Bharti Airtel, Asian Paints, SBI Life Insurance, Bajaj Finance and Axis Bank were among notable laggards.

Broader markets outperformed the frontline indices.

The NSE Midcap index was up 0.97%, while the NSE Smallcap index advanced 0.81%, reflecting sustained interest in the broader market.

Sectoral performance remained robust, with all major indices ending in the green. Auto, IT, pharma, telecom, PSU Bank, Private Bank, metal and realty indices gained between 0.5% and 1%, signalling broad participation in the upmove.

On the currency front, the Indian rupee weakened further and closed near a record low at 90.36 per dollar, compared to the previous close of 89.97, as a stronger dollar and persistent foreign outflows kept pressure on the domestic currency.

With the Fed’s rate cut now digested and domestic cues limited, markets will take direction from global sentiment, currency trends and institutional flows in the near term."

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