Indian equity benchmarks ended marginally higher on December 11 as investors awaited key inflation data from the US and India.
Market focus remains on the upcoming US Consumer Price Index (CPI) report for cues on the Federal Reserve’s policy decision next week.
Current market expectations suggest an 80% likelihood of a Federal Reserve interest rate cut.
A Bloomberg poll projects US consumer prices to show persistent inflation above the Fed’s 2% target.
The CPI is expected to rise by 0.3% month-on-month and 2.7% year-on-year in November, compared to October’s figures of 0.2% and 2.6%, respectively.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY CONSUMER DURABLES
0.6
NIFTY IT
0.3
NIFTY FMCG
0.4
NIFTY REALTY
0.2
NIFTY HEALTHCARE INDEX
0.4
NIFTY METAL
0.1
NIFTY AUTO
0.4
NIFTY PHARMA
0.1
Top News
Bajaj Finance gained over 2% after sharing an upbeat long-term strategy, including implementing 29 GenAI use cases to save ₹150 crore annually by FY26.
Avenue Supermarts’ shares fell nearly 3% as Goldman Sachs highlighted its weakening competitive moat, particularly in urban fresh food categories.
Swiggy dropped over 4% as the expiry of the one-month lock-in period for anchor investors led to profit booking, with 6.5 crore shares becoming eligible for trading.
Flipkart eyes D-street listing in 12-15 months
Vishal Megamart IPO to open on December 11
Mobikwik IPO opens today
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