Top Gainers & Losers on Dec 05

After a period of volatility, the Indian stock market rebounded strongly following the RBI’s 25-basis-point repo rate cut to 5.25%, sparking gains in rate-sensitive sectors. The Nifty 50 rose 0.59% to 26,186, while the Sensex climbed 0.52% to 85,712. Broader indices showed mixed trends, with the Nifty Midcap 100 up 0.53% and the Nifty Smallcap 100 down 0.54%.

Sector-wise, PSU banks led the rally, jumping 1.55%, followed by IT, metals, and auto stocks, each gaining between 0.66% and 1%. Realty and chemicals also ended higher. Analysts noted that easing inflation pressures, despite recent rupee weakness and US tariffs, justified the rate cut.

Banks and NBFCs were top gainers, with Mahindra & Mahindra Financial Services, Shriram Finance, SBI, Bajaj Finserv, and others rising 2.4–6%. Patanjali Foods recovered 4%, while PTC Industries, Himadri Speciality, Wockhardt, and MCX posted gains around 2–4%. Auto stocks also benefited from lower borrowing costs.

On the downside, Kaynes Technology plunged 12.6% amid accounting concerns, while Syrma SGS, PG Electroplast, and HUL fell 4–5%. Transformers & Rectifiers, Premier Energies, and other stocks including Hexaware, Bandhan Bank, and Hitachi Energy India also recorded losses above 3%.