11 December 2025, 15:12 India: Stocks Close on Higher Note.
India's BSE Sensex closed about 0.5% up at 84,818 on Thursday, breaking a three-day losing streak, as investors reacted positively to the US Federal Reserve’s latest rate cut. Market sentiment was tempered by concerns around the Indian rupee’s slide to a fresh record low, ongoing foreign outflows and lingering uncertainty over a US-India trade deal. Meanwhile, investors awaited Friday’s release of November inflation data to help guide the RBI’s policy rate path, with estimates pointing to an acceleration to 0.7%, though still within the RBI’s target range. Metal stocks led the gains, tracking firmer metal prices amid a subdued US dollar. Also, financials, autos and techs performed strongly. Among individual stocks, Tata Steel emerged as the top performer, rising 2.6%, after it bought a stake in iron ore pellets maker Thriveni Pellets.
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