Indian Symbols Rally as Market Shakes Off Tech Concerns and Eyes Fed Rate Cuts

NeverVoteOnDAO · 2025-12-26T04:12:50+00:00

Indian equity indices rebounded after a four-day slump, with the BSE Sensex increasing by 476 points and the NSE Nifty by 148 points, driven by easing U.S. inflation concerns and supportive government measures for local steelmakers.

NeverVoteOnDAO

2025-12-26 04:12:50

Abstract generation in progress

After a grueling four-day losing streak, Indian equity indices staged a solid recovery on Friday, with investor confidence rekindled by easing technology sector volatility and encouraging U.S. inflation readings that signal potential Federal Reserve rate cuts ahead.

Market Snapshot: Broad-Based Gains

The BSE Sensex climbed 476 points to reach 84,960, representing a 0.6 percent advance, while the NSE Nifty index moved up 148 points, or 0.6 percent, settling at 25,962. The dual gains reflected a shift in sentiment across Indian symbols as macroeconomic tailwinds replaced recent headwinds.

What’s Driving the Upside

Softer Inflation Keeps Rate-Cut Hopes Alive

The softer-than-expected U.S. inflation data lifted the sentiment considerably, as traders anticipate the Federal Reserve might ease its monetary stance sooner rather than later. This prospect dampened the tech jitters that had weighed on Indian equities in recent sessions.

Steel Stocks Benefit from Anti-Dumping Move

Government anti-dumping duties on steel imports from China emerged as a silver lining for domestic steelmakers. Tata Steel, Jindal Steel, and JSW Steel all advanced on the development, seen as a protective measure for India’s steel sector.

Notable Movers in Focus

On the upside, GPT Infraprojects soared 6 percent after clinching a Rs 1,804.48 crore order from MCGM. Biocon jumped 1.7 percent following receipt of an Establishment Inspection Report from the USFDA for its New Jersey facility. Bajaj Holdings and Investment surged 1 percent on confirmation it will be added to the futures and options segment from the January series. Sammaan Capital added 1.2 percent after management clarified it faces no charges in a recent FIR filed by Delhi authorities.

On the downside, Shriram Finance slipped 1.5 percent amid fundraising speculation, while DCM Shriram Industries fell 1.6 percent after revising the record date for an arrangement scheme. Dr Lal PathLabs declined 2 percent as it went ex-bonus.

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