The Sensex slipped 42 factors, or 0.05%, to shut at 85,524.84, whereas the Nifty 50 edged up 5 factors, or 0.02%, to complete at 26,177.15.
On the 30-share Sensex, losses have been led by Infosys, Bharti Airtel, Adani Ports, Solar Pharma and Tech Mahindra, every falling between 1% and 1.5%. Losses have been capped by advances in ITC, UltraTech Cement, Tata Metal, HDFC Financial institution and NTPC, which rose in an identical vary.
Broader markets confirmed a blended image, with small-cap shares climbing 0.4% whereas mid-cap shares ended largely unchanged.
IT shares declined 0.8%, retreating after a 3.7% rise over the earlier 4 classes. The sector had been supported by a weaker rupee, nonetheless hovering close to file lows, and expectations of a U.S. interest-rate minimize in 2026, strikes that might carry sentiment and shopper spending for export-oriented corporations.
Shares of Ambuja Cements rose 1.3% after the corporate accredited the merger of ACC and Orient Cement, a transfer it mentioned is predicted to end in about 10% worth accretion for Ambuja’s shareholders.
Knowledgeable views
The home market traded in a slender vary and ended flat amid blended international cues, mentioned Vinod Nair, Head of Analysis at Geojit Investments, including that promoting strain endured throughout most sectors, although financials and FMCG provided marginal assist.
“Going ahead, traders are positioning for the following earnings season and monitoring evolving Fed coverage expectations, as charge‑minimize possibilities are slowly inching up for the January assembly. Whereas an enhancing home demand outlook offers underlying assist, uncertainty round international commerce negotiations and the trajectory of the rupee will proceed to affect sentiment,” mentioned Nair.
World Markets
World shares traded close to file highs on Tuesday as traders regarded forward to U.S. progress knowledge, whereas the yen strengthened after Tokyo issued its strongest warning but on defending the forex.
European shares edged greater in early commerce, U.S. inventory futures have been little modified, and gold touched a recent file just under $4,500 an oz..
Delayed U.S. financial releases following a file authorities shutdown have been in focus in a holiday-shortened week.
MSCI’s world index rose 0.2%, nearing latest highs, whereas Asia-Pacific shares exterior Japan gained 0.4%. Japan’s Nikkei closed flat.
In a single day, Nvidia shares rose after Reuters reported the corporate plans to ship its second-most highly effective AI chips to China forward of the Lunar New 12 months. China’s CSI 300 added 0.2%.
Gold and silver hit file highs, buoyed by safe-haven demand amid rising geopolitical tensions linked to U.S. motion involving Venezuelan oil shipments.
Crude impression
Oil costs have been regular on Tuesday because the prospect of U.S. gross sales of seized Venezuelan crude was offset by recent provide dangers following Ukrainian assaults on Russian vessels and port infrastructure.
Brent crude futures edged up 7 cents to $62.14 a barrel by 0959 GMT, whereas U.S. West Texas Intermediate crude rose 4 cents to $58.05.
Rupee vs Greenback
The Indian rupee strengthened modestly on Tuesday, rising 3 paise to shut at 89.65 per greenback, aided by broad weak point within the U.S. forex.
The greenback index, which measures the buck in opposition to a basket of six main currencies, was down 0.34% at 97.95.
(with inputs from companies)
