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Closing Bell: Sensex Ends 158 pts Higher, Nifty Climbs Above 26,000; Hero MotoCorp, HAL Up 2% Each
On December 4, the Sensex and Nifty closed marginally higher amid volatile trading. The Sensex rose 158.51 points, or 0.19%, to settle at 85,265.32, while the Nifty gained 47.75 points, or 0.18%, to end at 26,033.75. Of the total stocks traded, 1,716 advanced, 2,237 declined, and 166 remained unchanged
The BSE Sensex slipped below the 85,000 mark on Thursday, opening the day at 84,990.8, down 116.01 points or 0.14% in early trade. Similarly, the NSE Nifty 50 edged lower by 37 points to 25,949, continuing the cautious momentum seen in recent sessions. Key sectoral indices witnessed mixed trends, with selling pressure seen in heavyweight stocks, keeping the benchmarks under mild stress despite some positive global cues.
Market analysts noted that investor sentiment remains subdued amid concerns over valuations and muted domestic growth triggers. While Asian markets tracked gains in the US, Indian indices struggled to follow suit, reflecting a cautious approach among domestic traders. Experts advise monitoring upcoming earnings reports and macroeconomic developments, which could act as potential catalysts for short-term market direction.
Market Rebounds From Day’s Lows
In late-afternoon trading, the Sensex was up 200 points, while the Nifty surpassed the 26,050 mark.
Raymond Realty Charts Ambitious ₹3,000-Crore Pre-Sales Goal for FY26
Raymond Realty Ltd. is targeting pre-sales of roughly ₹3,000 crore in FY26, marking a 20% increase over last year’s ₹2,300–2,400 crore. “We have issued guidance of 20% growth over last year, taking this year’s target to nearly ₹3,000 crore, and we are well on track to meet it with the launches we have lined up,” said Harmohan H. Sahni, MD & CEO of Raymond Realty.
Reliance Starts Drafting Prospectus as Jio Prepares for Mega IPO
Reliance has begun drafting the prospectus for Jio’s potential record IPO, which could value the company at up to 0 billion in India.
Philips Stock Slides After Company Tones Down 2026 Growth Expectations
Philips shares fell more than 5% on Thursday after investors turned cautious about the company’s 2026 growth outlook. Speaking at Citi’s Global Healthcare Conference, CEO Roy Jakobs indicated that organic revenue growth is unlikely to double next year from the roughly 2% expected in 2025, well below the market’s 4.5% forecast.
Indian Rupee Bounces Back From Day’s Low, Settles at 89.92/USD
The rupee recovered to 89.92 against the US dollar on December 4, after slipping to an intraday low of 90.42.
MPhasis Share Price Recommne
"We are upgrading MPHL to ‘BUY’ led by steady and consistent performance, attributed to an elevated deal TCV and robust conversion. Despite the fact the deal funnel seems to be encouraging for both BFS (+45% YoY) and non-BFS (+139% YoY) in Q2FY26. More importantly, the pain within Logistics & Transportation (L&T) has subsided, the vertical performance should see a progressive turnaround through H2FY26 and FY27, driven by focused investment in potential accounts," noted PL Capital
Pine Labs Share Price Recommendation
Pine Labs reported 17.8% YoY revenue growth, with strong growth in the Issuing and Acquiring business (up 32.5% YoY) offsetting the weakness in Digital Infrastructure and Transaction Processing (DITP) business (up 11.9% YoY). EBITDA increased 46.7% QoQ and 132% YoY on the back of operating leverage. The management highlighted that Issuing, VAS, Affordability, and Online are all growing at +30% YoY. However, DITP business’ revenue growth was dragged by the company moving away from hardware-included deals to software deals. Affordability business’ scale-up is leading to higher working capital investments, which resulted in Rs(2.15)bn FCF for H1FY26. We are increasing our FY26E/27E EBITDA by 4.5%/5.2% on account of strong growth in the Issuing and Acquiring business. On FY28E, the stock trades at 27x EV/EBITDA and 52.9x P/E. We increase our DCF-based TP to Rs225 (Rs210 earlier). However, we maintain REDUCE, given rising competitive intensity.
Panorama Studios Stock Fixes Record Date
Panorama Studios is an Indian film production and distribution firm which is in the spotlight after making a big announcement for shareholders. The Board of Directors of Panorama Studios International Limited meeting on Monday 01st December, 2025 have declared record date for bonus shares. The bonus share allocation will take place within the next week, and the record date is only one day away.
IEX Share Price In Green Post IGX IPO Announcement
Indian Energy Exchange Share Price Today: Shares of Indian Energy Exchange (IEX) closed in the green on Wednesday after witnessing notable volatility following the announcement of the IGX IPO. IEX's associate company, Indian Gas Exchange Limited (IGX), is set to launch its initial public offering, with its board approving the initiation of the IPO process. IEX shares closed 0.27% higher at Rs 148.85 per share on BSE with a market capitalisation of Rs 13,376 crore on Wednesday, December 3. The company also reported an 18% rise in its electricity trading volumes for November, according to a BSE filing issued after market hours. Many IPOs have a 'reservation quota' for existing shareholders of the parent company. However, it is unclear if the IEX shareholders can use the preference shares mode while applying for IEX associate, IGX's IPO. "Under current norms, IEX shareholders do not automatically receive any preferential benefit when applying for the IGX IPO. Investor categories eligible for preferential allotment-such as a "shareholder reservation"-must be explicitly mentioned in the DRHP/RHP along with a record date. As of now, there is no public indication that such a category will be created. Unless explicitly stated, IEX shareholders will apply in the retail, NII, or QIB category like any other investor," explained Jickson Sajee, Research Analyst, INVasset PMS.
JSW Steel Share Price Recommendation
JSW Steel Share Price Today: Shares of JSW Steel may see a surge of nearly 18% in the coming months due to the company's plan of debt reduction and capital expenditure in the long run. The company recently announced its strategic joint venture with JFE Steel Japan to jointly own and operate the BPSL business. JSW Steel shares were trading 0.55% higher at Rs 11,553 per share on BSE with a market capitalisation of Rs 2,82,168.71 crore at 11 am. The stock had touched an intraday high of Rs 1165 per share and an intraday low of Rs 1145 per share. Brokerage Motilal Oswal, in its report, has maintained a 'Buy' rating for the metal sector stock. The brokerage has fixed a target price of Rs 1,350 per share on BSE, with an 18% upside. "At CMP, JSTL trades at 8.4x FY27E EV/EBITDA. We reiterate our BUY rating on the stock with a TP of INR1,350 (premised on 9x EV/EBITDA on Sep'27 estimate)," noted MOFSL in its report.
Stock Market Live Updates: Nifty Struggles to Retail 26,000 Mark, Sensex down 20 Pts; TCS, TechM Top Gainers
Stock Market Live Updates: Nifty Struggles to Retail 26,000 Mark, Sensex down 20 Pts; TCS, TechM Top Gainers
Markets see partial profit booking and set the tone for trade
Equity benchmarks gave up a large part of early gains on December 4, pulling back from the day’s peak levels. Market breadth stayed fairly balanced, with 1,818 stocks advancing on the BSE, while 1,715 counters moved lower and 154 scrips remained unchanged, showing no strong bias either way despite the intraday cooling.
Stock Market Updates: IndusInd Bank Denies Reports of Strategic Partnership Talks
IndusInd Bank clarified on Thursday that it is not holding talks. Reports suggested a strategic partnership with Hinduja Group. The bank stated, "There is no discussion of this nature underway with anyone in the bank,"
Ambit Capital Initiates Coverage on Smartworks Coworking Spaces
Ambit Capital has started coverage on Smartworks Coworking Spaces, recommending a 'buy' rating on the stock. The brokerage has set a price target of Rs 590, which signals potential upside of about 30% from the last closing level. Ambit Capital highlights Smartworks’ business shift and client profile as key reasons for this positive view.
Stock Market Updates: ICICI Prudential Mutual Fund Buys Additional Stake in LIC Housing Finance
ICICI Prudential MF increased its holding in LIC Housing Finance through market purchases on December 2. The fund bought an additional 0.24 percent stake in the housing finance company. This transaction lifted ICICI Prudential MF’s overall shareholding in LIC Housing Finance.
RateGain Launches Rev-AI Clarity
RateGain Travel Technologies Limited (RateGain), today announced the launch of Rev-AI Clarity, an intelligent Revenue Assistant, built specifically for car rental operators as part of the Rev-AI product suite
Indigo Shares Down 1 % Amid Fligh Cancellation Row
IndiGo share price today fell to Rs. 5,545.00, down Rs. 50.50 or 0.90%, after the airline cancelled over 100 flights across multiple routes, triggering operational disruptions and investor concerns.
Nifty Perfomance Today
"Nifty is likely to witness range bound move during the day. On technical grounds, Nifty has an immediate support at 26000. If Nifty closes below that, further downside can be expected towards 25940-25870 mark. On the flip side 26220-26300 will act as strong resistance levels," as per Nirmal Bang Securities Report.
Rupee at Record Low
"The rupee breached the psychologically crucial 90-per-dollar mark at the open on Wednesday, sliding 25 paise to a fresh low of 90.13 against the US dollar. The local currency closed 31 paise lower at 90.19 against US Dollar while Intraday, it slumped 42 paise to a record low of 90.30 against the greenback." as per Nirmal Bang Securities.
TeamLease Announces New MD & CEO
eamLease Services Limited today announced a leadership transition as part of the company’s long-term succession planning and governance strategy. The Board of Directors of TeamLease has appointed Ms. Suparna Mitra as the Managing Director & Chief Executive Officer (MD & CEO) of TeamLease Services Limited, effective February 02, 2026, to succeed Mr. Ashok Reddy, the current Managing Director & CEO. Mr. Manish Sabharwal will step down from his executive responsibilities but continue as a Non-Executive Non-Independent Director. Mr. Narayan Ramachandran will continue in his role as the Chairman.
Stocks to Watch Today: Markets Extend 4-Day Slide as Sensex, Nifty Continue to Drag
The BSE Sensex opened Thursday’s session on a weak note, beginning trade at 84,980.35. The benchmark index was down 126.5 points at the open, which means a decline of 0.15 per cent from the previous close.
Stocks to Watch Today: Pine Labs, JK Cement, RVNL, RailTel in Focus
Several Indian stocks are expected to draw trader attention on 4 December, with a focus on companies from financial technology, cement, rail infrastructure, telecom, energy, aviation, and healthcare-linked sectors. Market participants will track any price movement or volumes in Pine Labs, JK Cement, Rail Vikas Nigam, RailTel Corporation of India, Mukka Proteins, Pace Digitek, Petronet LNG, Nectar Lifesciences, Indian Energy Exchange, and InterGlobe Aviation during the session.
Stock Market Live Updates: Muted Q2 Growth Leaves Building Materials Sector Without Near-Term Catalysts
Q2 revenue growth for building material companies tracked by BOB Capital Markets stays weak, extending a long slowdown. The brokerage notes that revenue expansion across its coverage universe stayed muted for the 11th straight quarter, signalling persistent demand challenges. This trend could worry investors watching construction, housing and infrastructure linked stocks in India.
Stock Market Live Updates: Stock market extended losses for the fourth straight session
On Wednesday, the Indian stock market extended losses for the fourth straight session, with the benchmark Nifty 50 closing below 26,000 level.
Nifty 50, Sensex Outlook for December 4: Key Market Trends as Vladimir Putin Arrives in India
The Sensex and Nifty 50 are expected to start lower on 4 December 2025, as mixed global cues and cautious derivatives data point to weakness.
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