On Thursday, 11 December 2025, Indian equities snapped a three‑day losing streak as benchmark indices and a clutch of large, mid and small‑cap stocks staged a strong rebound. The rally came in the first full trading session after the US Federal Reserve’s latest 25‑basis‑point rate cut and was fuelled by robust domestic mutual fund inflows and aggressive bargain hunting. [1]
By the close, the Sensex was around 84,768, up roughly 0.45%, while the Nifty 50 ended near 25,876, gaining about 0.5% over the previous session. [2] Broader markets outperformed: mid‑ and small‑cap indices advanced between 0.7% and 0.9% during the afternoon, underlining a risk‑on bias beyond the blue‑chip space. [3]
Below is a detailed look at the biggest stock gainers today on the Indian stock market, including index heavyweights, midcap and smallcap stars, plus what analysts and early forecasts are saying about them.
Market snapshot: indices, sectors and sentiment
- Nifty 50 & Sensex:
- Broader markets:
Business Standard reported that BSE MidCap and BSE SmallCap indices were up about 0.82% and 0.51% respectively around early afternoon, as buying broadened beyond frontline names. [6] - Sectors:
- Breadth & rupee:
At around 2 pm, advances comfortably outnumbered declines (roughly 2,186 advancing stocks versus 1,561 declining on the BSE). [9]
The one sore point: the rupee hit a record low near 90.47 against the US dollar, reminding investors that currency risk hasn’t gone away despite the equity bounce. [10]
Top large‑cap gainers: Nifty 50 & other heavyweights
Within the large‑cap universe, the biggest positive impact on headline indices came from Adani group names, private banks, metals, autos and select pharma stocks.
1. Adani Enterprises: momentum returns
According to ET Now’s live market coverage, Adani Enterprises was one of the strongest Nifty 50 performers today, with the stock trading around ₹2,281, up roughly 3.1%, and hitting an intraday high near ₹2,293 (about 3.7% at the peak). [11]
A separate MarketsMojo note described “strong trading momentum” in the stock, highlighting robust intraday volumes and a clear bounce from recent consolidation zones. [12] While the note emphasises this as a short‑term technical surge, it also flags that long‑term investors should watch how the stock behaves around recent resistance levels before assuming a fresh uptrend is firmly in place.
2. Kotak Mahindra Bank: private banking leads the charge
Kotak Mahindra Bank emerged as one of the standout gainers in both ET Now’s “Top Gainers” list and the Nifty‑500 top‑gainer screen:
- ET Now put Kotak’s intraday gain near 2.8%, with the stock around ₹2,189. [13]
- Moneycontrol’s Nifty‑500 “Top Gainers – NSE” page showed Kotak trading near ₹2,187, up about 2.7% as of 14:37 IST. [14]
Business Standard also flagged Kotak among the top gainers on the Sensex during the recovery from the day’s low, alongside Maruti Suzuki, Tata Steel and Eternal (Zomato). [15]
Analysts quoted by Business Standard attribute part of this move to bargain‑hunting and short‑covering in large financials after two weak weeks, as well as comfort from strong domestic mutual fund inflows. [16]
3. Eternal (Zomato), Tata Steel, Maruti Suzuki, Jio Financial & Dr. Reddy’s
Across multiple live blogs and gainers tables, a fairly consistent group of heavyweights appeared among the day’s top performers: [17]
- Eternal (Zomato’s parent): up around 2–2.7%, rebounding after last week’s block‑deal driven sell‑off where 0.5% of equity changed hands at a discount. [18]
- Tata Steel: roughly 2.1–2.3% higher, riding the broader metal sector rebound as risk appetite improved globally post‑Fed. [19]
- Maruti Suzuki: among the top gainers on the Sensex, buoyed by the auto index’s 0.4–1% advance and continued optimism on domestic demand. [20]
- Jio Financial Services: Moneycontrol and Investing.com data show the stock up about 2.3–2.5%, with price near ₹298 and healthy volumes above 7 million shares. [21]
- Dr. Reddy’s Laboratories: up around 1.7%, contributing to the pharma sector’s outperformance and benefiting from a defensive bid in healthcare names. [22]
Collectively, these large‑cap gainers helped keep both Nifty 50 and Sensex comfortably above key intraday support zones around 25,700–25,800 on the Nifty and 84,150 on the Sensex, which had been tested earlier in the session. [23]
Midcap & Nifty‑500 stars: Ola Electric, RailTel, DCM Shriram, Natco Pharma and more
Beyond the headline indices, midcap and broad‑market gainers stole a large part of the spotlight.
Nifty‑500 top gainers by percentage
Moneycontrol’s Top Gainers – NSE (Nifty‑500) page for 11 December (14:37 IST snapshot) shows the following names at the top of the leaderboard: [24]
- Ola Electric – around ₹37.10, up ₹2.76 (+8.04%)
- RailTel Corporation – around ₹338.70, up ₹19.85 (+6.23%)
- DCM Shriram – about ₹1,281.70, up ₹75 (+6.22%)
- Natco Pharma – near ₹921.10, up ₹53.60 (+6.18%)
- JSW Holdings – around ₹21,735, up ₹1,035 (+5.0%)
Other notable outperformers on the same list include Ircon International, Vodafone Idea, KFin Technologies, ACME Solar, Dixon Technologies, BSE, Kaynes Tech, Angel One, Tata Elxsi, KEI Industries, RBL Bank, Granules India, Jubilant FoodWorks, CDSL and Sona BLW, which all gained between roughly 2.5–4.5%. [25]
Ola Electric: high‑volume comeback attempt
While Ola Electric has been under pressure in recent weeks, today it swung sharply higher, featuring as the top Nifty‑500 gainer and one of the main contributors to the BSE Midcap index. [26]
A MarketsMojo note described Ola Electric as “one of the most actively traded stocks by volume” on 11 December, with unusually heavy turnover and price action that still leaves the stock near its 52‑week lows. The analysis characterises the move more as high‑volume consolidation than a confirmed trend reversal, cautioning that sentiment remains mixed despite the spike. [27]
Takeaway: Today’s 8% jump suggests traders are again willing to test the downside exhaustion levels, but technical analysts are still looking for follow‑through buying before declaring a durable bottom.
DCM Shriram & volume‑spike midcaps
Business Standard highlighted DCM Shriram among five stocks that “zoomed up to 20% backed by more than 1,000% jump in volume” as benchmark indices bounced. NSE data showed DCM Shriram’s volume surging more than 80‑fold versus its two‑week average, underscoring speculative interest alongside the fundamental story in chemicals and agri‑inputs. [28]
This volume explosion aligns with its 6.2% price gain on the Nifty‑500 top‑gainers list and signals that short‑term traders were aggressively rotating into midcap cyclicals after recent underperformance. [29]
Natco Pharma: strong momentum after recent softness
Natco Pharma combined healthy price gains with constructive technicals:
- On Moneycontrol’s Nifty‑500 screen, the stock was up about 6.2%, trading around ₹921, after hitting an intraday high near ₹933. [30]
- A MarketsMojo report noted that Natco’s intraday rise reached about 7.6%, with a day change above 7%, and that the stock closed above all key moving averages, marking a clear shift in short‑term momentum after a brief downtrend. [31]
The same report, however, reminds investors that longer‑term returns have been mixed versus benchmark indices, suggesting that while traders may find today’s breakout attractive, long‑horizon investors should still weigh valuations and earnings visibility carefully.
BSE Midcap leaders: Sona BLW, Kaynes Tech, Dixon, KEI, KPIT Tech
In Moneycontrol’s live blog, the BSE Midcap index was up around 0.6%, with the biggest contributors including: [32]
- Ola Electric – up about 8.2% intra‑day
- Sona BLW – up ~4.2%
- Kaynes Technology – up around 4%
- Dixon Technologies – up nearly 4%
- KEI Industries – up just over 3%
- KPIT Technologies – up around 2.7%
Moneycontrol also flagged Kaynes Tech separately, noting that the stock had risen about 6% earlier in the day and citing brokerages who continue to view it as a “structural growth story” in electronics manufacturing and design services. [33]
Smallcap rockets: Neptune Petrochemicals, Suntech Infra and volume‑driven rallies
At the more speculative end of the market, some smallcaps delivered eye‑catching double‑digit moves:
- ET Now highlighted Neptune Petrochemicals (up around 22%), Suntech Infra Solutions (up nearly 22%), G‑Tec Janix Education (around 21%), Rajshree Sugars & Chemicals (about 19%) and Cedaar Textile (around 19%) among the day’s top trending stocks. [34]
- Business Standard pointed to G‑Tec Janix Education again in its list of stocks that jumped up to 20% with at least a 13‑fold surge in trading volume, alongside Neogen Chemicals, Aion‑Tech Solutions and Bartronics India. [35]
These moves are largely volume‑ and sentiment‑driven, often with thin free floats and heightened volatility. For investors, they serve more as a barometer of speculative appetite in the broader market rather than clear fundamental signals.
Why did Indian stocks rally today? Three key drivers
Business Standard and other outlets broadly agree on three major reasons behind today’s sharp rebound from the morning lows. [36]
1. Strong domestic mutual fund flows
- AMFI’s November data show net equity inflows of around ₹29,911 crore, up from about ₹24,690 crore in October.
- This pushed total mutual fund AUM to nearly ₹80.8 trillion, reinforcing the narrative that domestic institutions are cushioning FII outflows and providing a strong floor to equities. [37]
Analysts note that flows have become more broad‑based across categories like flexi‑cap funds, rather than being concentrated only in thematic or NFO‑driven products – a sign of maturing retail participation.
2. Bargain buying and short covering after recent weakness
Market experts quoted by Business Standard describe today’s move as a classic case of “bottom‑fishing” after two weeks in which many large names, especially in financials and cyclicals, were “hammered”. [38]
- The Sensex rebounded about 748 points from its intraday low of 84,150, while Nifty 50 jumped roughly 226 points from its low of 25,693 – a nearly 0.9% intraday swing from the bottom for both indices. [39]
- Traders also point to short covering near the psychologically important 25,800–25,850 zone on Nifty, which had acted as a support area earlier in the week. [40]
3. US Fed’s third consecutive rate cut
The US Federal Reserve cut its policy rate by 25 bps for the third consecutive meeting, taking the benchmark down to roughly 3.6%, its lowest level in almost three years. Chair Jerome Powell signalled a potential pause in further cuts, with the Fed’s projections implying only one more cut next year. [41]
For India, strategists quoted in local media argue that: [42]
- A softer dollar can ease pressure on the rupee over time (even if the currency is currently at record lows).
- Lower US yields often make emerging markets relatively more attractive, improving the risk–reward for FII inflows.
- Stable or lower global borrowing costs support corporate refinancing and capex plans, especially for leveraged sectors.
These macro tailwinds helped offset concerns around the record‑weak rupee and elevated valuations in pockets of the market.
Analyst views & early technical outlook
Nifty & Bank Nifty: still a “sell on rise” for some
In a Moneycontrol technical column, analysts from Choice Equity Broking warned that the Nifty remains vulnerable below the 26,326 level, advising traders to sell on rallies near 25,900–25,950 with downside targets around 25,689 and 25,501, and a stop loss near 26,086. [43]
A similar stance was expressed for Bank Nifty, with resistance pegged close to 59,763 and support zones around 58,956 and 58,404. [44]
In other words, today’s bounce has not fully neutralised the short‑term corrective risk, and the market may remain choppy unless Nifty can convincingly break above the late‑November highs.
Stock‑specific commentary
- Natco Pharma: MarketsMojo’s analysis views today’s 7%‑plus rally as a short‑term momentum surge supported by the stock trading above key moving averages. However, it stresses that long‑term performance vs the Sensex has been uneven, and investors should balance the attractive momentum with valuation and earnings clarity. [45]
- Ola Electric: Despite making it to the top of the Nifty‑500 gainers list, Ola Electric remains close to its 52‑week low and below major moving averages. The heavy volumes are interpreted as accumulation or consolidation, not a confirmed new uptrend. The note recommends careful monitoring of follow‑through buying in subsequent sessions. [46]
- Adani Enterprises & Adani Green: MarketsMojo flagged both as hitting intraday highs with strong trading momentum, though the commentary is largely technical – focusing on price, volume and trend strength rather than new fundamental triggers. [47]
- Kaynes Tech: Moneycontrol’s live blog, citing brokerage commentary, reiterated that Kaynes remains a long‑term structural growth play in the electronics manufacturing and engineering design space, even though the stock has been volatile following a big multi‑year run‑up. [48]
Overall, the analyst tone across houses is constructive but cautious: strong domestic flows and the Fed’s supportive stance are positives, but elevated valuations in parts of midcap/smallcap space and a fragile rupee argue against complacency.
What should investors watch next?
For market participants tracking today’s biggest gainers, here are the key things to monitor over the next few sessions:
- Follow‑through on heavy‑volume gainers
- Names like Ola Electric, DCM Shriram, Natco Pharma, Kaynes Tech, Dixon, JSW Holdings and Adani Enterprises need sustained volumes and higher lows to confirm that today’s moves were more than just a one‑day short‑covering rally.
- Index levels: Nifty 25,700–26,000 zone
- The 25,700–25,900 band has emerged as a short‑term battleground. A decisive break above 26,000–26,100 would strengthen the bull case, while a slip back below 25,700 could reignite worries about a deeper correction. [49]
- Rupee trajectory and FII flows
- With the rupee at a record low near 90.47 despite the Fed cut, any further weakness could spur profit‑taking in foreign‑owned sectors like IT and financials, even if domestic flows remain strong. [50]
- Sector rotation
- Today’s action saw auto, metals, banks, realty and pharma leading; IT and FMCG were mixed. Investors will be watching whether this cyclical tilt continues, especially if global risk sentiment holds up. [51]
References
1. www.business-standard.com, 2. www.investing.com, 3. www.business-standard.com, 4. finance.yahoo.com, 5. www.investing.com, 6. www.business-standard.com, 7. www.business-standard.com, 8. www.moneycontrol.com, 9. www.moneycontrol.com, 10. www.business-standard.com, 11. www.etnownews.com, 12. www.marketsmojo.com, 13. www.etnownews.com, 14. www.moneycontrol.com, 15. www.business-standard.com, 16. www.business-standard.com, 17. www.etnownews.com, 18. www.business-standard.com, 19. www.etnownews.com, 20. www.business-standard.com, 21. www.moneycontrol.com, 22. www.etnownews.com, 23. www.business-standard.com, 24. www.moneycontrol.com, 25. www.moneycontrol.com, 26. www.moneycontrol.com, 27. www.marketsmojo.com, 28. www.business-standard.com, 29. www.moneycontrol.com, 30. www.moneycontrol.com, 31. www.marketsmojo.com, 32. www.moneycontrol.com, 33. www.moneycontrol.com, 34. www.etnownews.com, 35. www.business-standard.com, 36. www.business-standard.com, 37. www.business-standard.com, 38. www.business-standard.com, 39. www.business-standard.com, 40. www.business-standard.com, 41. www.business-standard.com, 42. www.business-standard.com, 43. www.moneycontrol.com, 44. www.moneycontrol.com, 45. www.marketsmojo.com, 46. www.marketsmojo.com, 47. www.marketsmojo.com, 48. www.moneycontrol.com, 49. www.moneycontrol.com, 50. www.business-standard.com, 51. www.business-standard.com
