The Indian stock market maintained its upward trajectory, with the Nifty posting gains for the fifth consecutive session. The benchmark index reached its highest close since mid-October, driven by robust trading volumes and strong sectoral performance.

Market Highlights• Nifty 50: 24,708.4 🔼 0.98% (+240.9 points) • Cash market volumes on the NSE surged, marking the highest in four months (excluding index rebalancing days). • Advance-Decline Ratio: 1.08:1, reflecting broad market strength.

Top Gainers and Losers

Gainers• Muthoot Microfin (MUTHOOTMF): Gains 2.16% on rate cuts for income and third-party loans. • Aurionpro Solutions (AURIONPRO): Rises 5% as its subsidiary Integro launches the SmartLender ESG platform. • Bondada Engineering (BONDADA): Gains 3.3% after securing a ₹108.9 crore order for solar street lights in Bihar. • Torrent Pharma (TORNTPHARM): Rises 3% after acquiring three anti-diabetes brands from Boehringer Ingelheim.

Loser• Force Motors (FORCEMOT): Declines 1.8% due to flat November sales and a 56% drop in exports.

Sectoral Trends

Key sectors showing strong trading activity:• IT • Food Delivery • Capital Markets & Infra Providers

Technical Overview

The Nifty’s consistent upward movement reflects strong market sentiment. With robust participation across sectors, traders and investors are advised to remain vigilant as market dynamics unfold.

For a detailed analysis of market trends, including support and resistance levels, watch our latest YouTube video here.

Global Economic Calendar• US Jobless Claims: Critical data influencing global markets. • China Trade Balance: Key for assessing commodity and trade dynamics. • Eurozone GDP Data: Offering insights into regional growth and monetary policy.

Market Insight

The continued rally, supported by increased volumes and sectoral strength, points to promising opportunities ahead. Stay informed on key developments and make data-driven investment decisions.