Did Sensex and Nifty Extend Their Gains with a 0.75% Increase?
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Synopsis
Indian stock markets showed resilience on Monday with the Sensex and Nifty both climbing by 0.75%. This positive momentum was fueled by strong performances in the IT and metal sectors, alongside optimism surrounding a free trade agreement with New Zealand. However, caution lingers amid geopolitical uncertainties.
Key Takeaways
- Sensex climbed by 638.12 points.
- Nifty increased by 195.20 points.
- Strong performance noted in IT and metal sectors.
- Investor confidence boosted by trade agreement optimism.
- Market analysts predict a bullish trend if support levels hold.
Mumbai, Dec 22 (NationPress) The Indian stock markets concluded on a robust note on Monday, building on the gains accumulated during the previous session, despite a backdrop of mixed global cues.
Strong buying interest in information technology and metal stocks propelled the benchmark indices higher.
Investor confidence was also bolstered by positive sentiment surrounding the anticipated signing of the India–New Zealand free trade agreement.
The Sensex wrapped up at 85,567.48, increasing by 638.12 points, or 0.75%. The Nifty also closed higher at 26,161.60, marking an uptick of 195.20 points, reflecting a gain of 0.75%.
“The Nifty concluded the session positively after confirming a breakout above the 26,050–26,100 range, confirming a double-bottom pattern and reinforcing the prevailing daily uptrend,” experts noted.
“As long as the index remains above the 25,950–26,000 support zone, the broader market outlook stays bullish, with a decisive close above 26,200 paving the way to 26,300–26,500,” they added.
On the BSE, top gainers included shares of Trent, Infosys, and Bharti Airtel, reflecting heightened buying interest.
Conversely, State Bank of India, Kotak Mahindra Bank, and Larsen & Toubro weighed down the index, emerging as significant laggards.
On the NSE, Trent, Shriram Finance, and Wipro were the standout performers. Meanwhile, HDFC Life Insurance, Tata Consumer Products, and State Bank of India were the principal stocks that pulled the index lower.
The broader market also joined in on the rally, with the Nifty SmallCap 100 index soaring by 1.17%, while the Nifty MidCap 100 index rose by 0.84%.
From a sector perspective, the IT sector emerged as the strongest performer, with the Nifty IT index climbing 2.06%.
Metal stocks also recorded significant gains, as the Nifty Metal index increased by 1.41%.
In contrast, the Nifty Consumer Durables sector was the only one to close in the negative, slipping slightly by 0.16%.
Analysts pointed out that the market closed firmly in the green, supported by sectoral strength and enhancing investor sentiment.
“Nonetheless, caution remains due to limited advancements in trade negotiations, geopolitical uncertainties, and fluctuations in crude prices,” market observers remarked.
Point of View
The recent performance of the Indian stock markets reflects a resilient economic outlook despite global uncertainties. The continued growth in the IT and metal sectors indicates strong underlying fundamentals, aligning with the Nation's commitment to fostering a robust financial landscape. However, vigilance is necessary to navigate potential external challenges.
NationPress
23/12/2025
Frequently Asked Questions
What influenced the recent gains in the Indian stock market?
The recent gains can be attributed to strong buying interest in the IT and metal sectors, alongside optimism about the impending India-New Zealand free trade agreement.
How did the indices perform on December 22?
On December 22, the Sensex closed at 85,567.48, rising by 638.12 points, and the Nifty settled at 26,161.60, up by 195.20 points.
What sectors performed well?
The IT sector was the standout performer, with the Nifty IT index rising by 2.06%, while metal stocks also saw gains, with the Nifty Metal index climbing 1.41%.
What are analysts saying about the market outlook?
Analysts suggest that as long as the index stays above the 25,950–26,000 support level, the market outlook remains bullish. However, caution persists due to geopolitical uncertainties.
Which stocks were the top gainers and laggards?
Top gainers included Trent, Infosys, and Bharti Airtel, while State Bank of India, Kotak Mahindra Bank, and Larsen & Toubro were the biggest laggards.
