Mumbai, 31 Dec

Equity benchmark indices Sensex and Nifty surged nearly one per cent on Wednesday, the final trading session of 2025, snapping a multi-day losing streak as sustained buying by domestic institutional investors and strong gains in heavyweight stocks lifted market sentiment.

After a subdued trend in recent sessions, value buying emerged across sectors such as energy, PSU banks, metals and consumer durables, helping benchmarks recover, traders said.

The 30-share BSE Sensex climbed 545.52 points, or 0.64 per cent, to close at 85,220.60 after five consecutive sessions of decline. During intraday trade, the index rose as much as 762.09 points, or 0.90 per cent, to hit a high of 85,437.17.

On the broader market front, 2,799 stocks advanced on the BSE, while 1,413 declined and 162 remained unchanged, indicating broad-based buying.

The NSE Nifty gained 190.75 points, or 0.74 per cent, to end at 26,129.60, snapping a four-day losing streak.

Among Sensex constituents, Tata Steel, Kotak Mahindra Bank, Reliance Industries, Axis Bank, Titan and Trent were among the top gainers. On the other hand, Tata Consultancy Services, Tech Mahindra, Infosys, Bajaj Finance and Sun Pharma ended lower.

Indian equity benchmarks rebounded sharply on Wednesday, snapping their recent losing streaks as strong buying in metal stocks lifted overall sentiment. Sentiment was further aided by a mild decline in crude oil prices, which helped ease inflation concerns, and a cooling in volatility, with India VIX slipping below 9.5.

"Value buying also emerged after the recent correction, as investors selectively accumulated stocks following multiple sessions of decline in the benchmarks," Gaurav Garg, Research Analyst, Lemonn Markets Desk, said.

For the calendar year 2025, the Sensex advanced 7,081.59 points, or 9 per cent, while the Nifty surged 2,484.8 points, or 10.50 per cent, reflecting steady investor confidence despite intermittent volatility.

The total market capitalisation of BSE-listed firms jumped by Rs 33.84 lakh crore during the year to Rs 4,75,79,238.11 crore (USD 5.29 trillion).

In the broader market, the BSE midcap index rose 1.01 per cent on Wednesday, while the smallcap gauge gained 1.19 per cent. However, on an annual basis, the midcap index rose 1.09 per cent, while the smallcap index declined 6.62 per cent.

Sectorally, oil & gas led the rally with a gain of 2.73 per cent, followed by energy (2.28 per cent), metal (1.51 per cent), consumer durables (1.39 per cent), utilities (1.25 per cent), PSU banks (1.22 per cent), capital goods (1.12 per cent) and power (1.12 per cent). Telecommunication, IT and focused IT indices underperformed.

"Indian equity markets concluded the final trading session of the year on a positive note, with sentiment turning decisively bullish while still respecting key resistance levels.

"The session reflected a gradual improvement in risk appetite into year-end, driven primarily by short covering and selective buying, rather than aggressive fresh positioning," Ponmudi R, CEO of Enrich Money, said.

In Asian markets, South Korea’s Kospi and Hong Kong’s Hang Seng ended lower, while Shanghai’s SSE Composite closed higher. European markets were trading marginally lower, and US markets ended lower on Tuesday.

Exchange data showed Foreign Institutional Investors offloaded equities worth Rs 3,844.02 crore on Tuesday, while Domestic Institutional Investors bought shares worth Rs 6,159.81 crore. Brent crude rose 0.31 per cent to USD 61.53 per barrel.