Mumbai, 29 December. On Monday, the first trading day of the week, major indices of the Indian stock market opened flat with slight gains amid softening of domestic and global cues. Whereas metal and IT shares led the gains. Till the time of writing the news in the initial session (around 9.22 am), the 30-share BSE Sensex was trading at the level of 85,056 with a slight rise of 20 points or 0.02 percent. Whereas NSE Nifty was seen trading at 26,058 with a rise of 13.30 points or 0.05 percent.
Today, the top Sensex gainers included Tata Steel, TMPV, BEL, Eternal, Kotak Mahindra Bank, Infosys and NTPC, which saw a rise of up to 1.12 percent. At the same time, shares of Bajaj Finserv, Axis Bank, Reliance Industries (RIL) and HCL Tech declined. In the broader market, the Nifty Midcap index was trading 0.07 percent higher, while the Nifty Smallcap index was down 0.17 percent. Sector wise, Nifty Metal rose the most by 1.1 percent.
After this, there was growth in IT and PSU bank sectors also. On the other hand, weakness was seen in the shares of Nifty Media, FMCG and Realty sectors. From today, the last three remaining trading sessions of this year 2025 are starting. On the domestic front, today the government will release the Industrial Production (IIP) data for the month of November, on which investors will keep an eye.
Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that the most important thing about the year 2025 was that the Indian stock market appeared to be performing weakly compared to most developed and emerging countries, but this is expected to change in 2026, because India’s economic condition remains strong. The country’s economy is growing at a good pace and the financial structure is also stable. He said that the most important thing for the stock market is the expectation of improvement in the earnings of the companies, which can be visible from the third quarter of the financial year 2026.
Although all these things are positive, still they are not enough for the market to rise so soon. A strong surge in the market would require a big trigger, such as a beneficial trade deal between the US and India. He further said that at present the picture is not clear on when this will happen. Therefore, there may be stability (consolidation) along with fluctuations in the market in the near future. Investors can use this time to gradually buy shares of good and strong companies, especially it would be better to focus on big companies (largecaps).
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