Markets reverse 3 day decline, Nifty near 25,900, Sensex up 427 pts

The domestic share market indices reversed their three-session decline on Thursday,driven by the US Federal Reserve’s 25-bps rate reduction, helped Indian indices break a three-day losing run, lifting the Nifty close to 25,900.At close, the Sensex was up 426.86 points or 0.51 percent at 84,818.13, and the Nifty was up 140.55 points or 0.55 percent at 25,898.55.
Kotak Mahindra Bank, Eternal, Jio Financial, Tata Steel, Grasim Industries were the top gainers on the Nifty, while losers included Bharti Airtel, Asian Paints, SBI Life Insurance, Bajaj Finance, Axis Bank.On the sectoral front, all the sectoral indices ended in the green with auto, IT, pharma, telecom, PSU Bank, Private Bank, metal, realty up 0.5-1%.BSE Midcap index rose 0.8% and smallcap index added 0.5%.
Rupee Close:
On 11 Dec'25, the Indian rupee plunged 39 paise to close at an all-time low of 90.33 against the US dollar on Thursday amid uncertainty over the India-US trade deal.Forex traders said the rupee is expected to trade with a negative bias as the delay in the trade deal between India and the US may continue to dent investor confidence.Moreover, prevailing risk-averse market sentiment and sustained foreign fund outflows weighed on the local unit.
Trading Guide:
Market experts recommended five shares to buy on Thursday- Seamec, Prime Focus Limited, Welspun Living, Century Plyboards (India), and Happy Forgings.

(Business Correspondent)