Sensex, Nifty end in the green led by FMCG, IT, oil & gas

Benchmark indices ended on a positive note on December 6 with Nifty around 20,950. At close, the Sensex was up 357.59 points or 0.52 percent at 69,653.73, and the Nifty was up 82.60 points or 0.40 percent at 20,937.70. About 1659 shares advanced, 1592 shares declined, and 82 shares unchanged.

Most of the sectors ended in the green with capital goods, FMCG, Information Technology, oil & gas and power up 1-2 percent, while bank, healthcare down 0.5 percent each.

BSE midcap and Smallcap indices ended marginally higher.

Auto stocks skid after CLSA downgrade

Top Nifty50 Gainers:

Company name	Last traded price (Rs)	% change
ITC	464.25	2.77
Adani Ports	1035.05	2.17
Wipro	412.65	2.05
LTI Mindtree	5595	1.96
Nestle India	25061.3	1.84

Top Nifty50 Losers:

Company name	Last traded price (Rs)	% change
Bajaj Auto	6027	1.84
Eicher Motors	4065	1.73
UltraTech Cement	9191	1.49
Hero MotoCorp	3760	1.23
Bharti Airtel	1019.2	1.15

European markets trade in the green

European markets opened higher Wednesday, rebounding from mixed trade seen earlier in the week. The regional Stoxx 600 index gained 0.13 percent in morning trade.

FTSE was up 0.27 percent at 7509.86 level while CAC added 0.02 percent at 7388.45 and DAX gained 0.06 percent and was trading at 16543.75 level.

Asian markets rebound

Asia-Pacific markets rebounded across the region, led by Japan’s markets and following a broad sell-off on Tuesday.

Japan’s Nikkei 225 jumped 2.04 percent and closed at 33,445.9, leading gains among major Asian indexes, while the Topix advanced 1.9 percent and ended the day at 2,387.2. In Australia, the S&P/ASX 200 rose 1.65 percent, closing at 7,178.4 and at its highest level since September 19.

South Korea’s Kospi inched up marginally to 2,495.38, while the small-cap Kosdaq climbed 0.76 percent and finished at 819.54. Hong Kong’s Hang Seng index rebounded from a one-year low to climb 0.81 percent in its final hour of trade.

Earlier, the market valuation of BSE-listed companies crossed a record $4 trillion for the first time on November 29, on the back of positive market sentiment in Indian equities.

The market capitalisation of BSE-listed companies reached Rs 333 lakh crore, or $4 trillion at the exchange rate of 83.31. It has climbed over $600 billion since the beginning of the year.  

Overall in 2023, FIIs have bought Indian stocks worth around Rs 1 lakh crore while domestic institutional investors (DIIs) have outpaced dollar money by investing Rs 177.5 lakh crore.

Most active stocks on NSE in terms of volumes:

Company name	Last traded price (Rs)	% change	Volume
Adani Ports	1035.05	2.17	27502439
Power Grid	222.9	0.27	12652588
State Bank of India	609.40	0.19	11893286
ITC	464.25	2.77	11559833
Adani Enterprises	2989.50	1.02	10987742

_{Disclaimer: The information provided in this blog post is for informational purposes only and should not be construed as investment or trading advice. The author is not a financial advisor and does not have any professional qualifications in this area. The author does not guarantee the accuracy or completeness of the information provided. Any action you take based on the information in this blog post is done at your own risk. Please consult with a financial advisor before making any investment decisions.}