Indian Stock Market Sees Uptick After US Federal Reserve's Decision
The Indian stock market showed a positive trend on Thursday, 11 December 2025, as the US Federal Reserve's FOMC cut the key interest rates by 25 basis points. This move signals a potential rate cut next year, giving investors a reason to be optimistic.
Key Indices Performance
The Nifty 50 index closed 0.55% higher at 25,898.55 points, while the BSE Sensex index closed 0.51% higher at 84,818.13 points. This uptick in the market resulted in investors earning nearly ₹2.6 trillion in a single trading session, with the overall market capitalisation of BSE-listed firms surging to ₹466.6 trillion.
Nifty 50 Outlook
According to Rajesh Palviya, SVP - Research at Axis Securities, the Nifty 50 has been consolidating within the 26,300-25,700 levels for the past 3-4 weeks. He suggests that any breakout from this range will indicate the further direction of the market.
Palviya also mentions that the Nifty is currently sustaining below its 20-day SMA, which supports a negative bias. However, he recommends keeping an eye on the 25,700 levels, as any violation of this level may cause further downside.
Stocks to Buy
Palviya recommends the following stocks to buy:
- Samvardhana Motherson International Ltd (MOTHERSON): With a current price of ₹120, the target price is ₹126-135, and the stop loss is ₹116-113.
- ABB India Ltd (ABB): With a current price of ₹5,245, the target price is ₹5,400-5,500, and the stop loss is ₹5,145-5,100.
- GlaxoSmithKline Pharmaceuticals Ltd (GLAXO): With a current price of ₹2,621, the target price is ₹2,750-2,780, and the stop loss is ₹2,580-2,540.
These stocks have shown promising trends, with increased momentum and favorable Relative Strength Index (RSI) values. However, it's essential to consult with certified experts before making any investment decisions, as market conditions can change rapidly.
Disclaimer: This story is for educational purposes only, and the views and recommendations expressed are those of individual analysts or broking firms, not Mint.