Synopsis : Indian stock markets traded higher on Wednesday, supported by favourable global cues and selective buying, even as volumes stayed light ahead of the Christmas holiday. Midcap and smallcap stocks outperformed, while metal names stole the spotlight.
Indian equity benchmark indices extended gains on Wednesday, December 24, 2025, tracking positive global cues, though trading activity remained subdued ahead of the Christmas break. Investors preferred selective bets, especially in metal and private banking stocks, while IT counters saw mild selling pressure.
Around 11:00 AM, the BSE Sensex was trading at 85,650.2, up 125.36 points or 0.15%, while the NSE Nifty 50 stood at 26,211, higher by 33.85 points or 0.13%.
On the Sensex, NTPC, Bajaj Finance, Adani Ports, Trent, BEL, Kotak Mahindra Bank, and Axis Bank emerged as the top gainers, lending support to the indices. In contrast, IT heavyweights Infosys, Tech Mahindra, and HCL Technologies were among the key drags, reflecting continued caution in the technology space.
Stock-specific action dominated the broader market, with Hindustan Copper jumping 5% and Vikran Engineering surging 10%, drawing strong investor interest. The Nifty Midcap 100 advanced 0.12%, while the Nifty Smallcap 100 outperformed with gains of 0.27%, indicating improved risk appetite beyond frontline stocks.
Sectorally, Nifty Realty, Metal, and Private Bank indices rose 0.48%, 0.47%, and 0.30%, respectively. However, gains were partially capped by weakness in Nifty IT, which slipped 0.48%.
Key events to watch
Globally, investors are eyeing the US API crude oil stock change data and initial jobless claims, along with the Bank of Japan’s monetary policy minutes, which could provide cues on commodity prices and global liquidity trends.
IPO corner
In the primary market, the Gujarat Kidney IPO enters its final day of subscription in the mainboard segment.
In the SME space, MARC Technocrats and Global Ocean Logistics India are set to debut on SME platforms. Meanwhile, IPOs of EPW India, Dachepalli Publishers, Shyam Dhani Industries, and Sundrex Oil Co will close for bidding. Fresh offerings from Apollo Techno Industries, Bai Kakaji Polymers, Admach Systems, Nanta Tech, and Dhara Rail Projects move into their second day.
With global cues supportive and holiday-thinned volumes, market participants are likely to stay selective, focusing on stock-specific opportunities and sectoral trends.
Disclaimer : This article is for informational purposes only and does not constitute investment advice. Market investments are subject to risks, and readers are advised to consult a qualified financial advisor before making any investment decisions.
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