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Trendlyne Marketwatch
01 Dec 2025, 04:14PM
Market closes flat, dragged by healthcare and realty sectors
By Trendlyne Analysis

 

Nifty 50 closed at 26,175.75 (-27.2, -0.1%), BSE Sensex closed at 85,641.90 (-64.8, -0.1%) while the broader Nifty 500 closed at 23,922.45 (-10.8, 0.0%). Market breadth is in the red. Of the 2,609 stocks traded today, 1,054 were gainers and 1,496 were losers.

Indian indices closed flat, dragged by the healthcare and realty sectors. However, the Nifty 50 and Sensex touched their all-time highs in the morning session, driven by Q2FY26 GDP growth surging to a six-quarter high of 8.2%. The Indian volatility index, Nifty VIX, closed flat at 11.6 points. Lenskart Solutions closed 4.7% higher as its Q2FY26 revenue grew 18% YoY, led by improvements in the domestic and international markets.

Nifty Smallcap 100 closed in the green, while Nifty Midcap 100 closed flat, tracking the benchmark index. BSE Auto and Nifty India Digital were among the best-performing indices of the day. According to Trendlyne’s sector dashboard, Diversified Consumer Services emerged as the highest-performing sector of the day, with a rise of 1.5%.

European indices are trading mixed. Major Asian indices closed with varied trends. US index futures are trading lower, signalling a cautious start to the session as investors eye the AI industry profits and bets on a potential Fed rate cut later this month. United Health reportedly sells Banmedica for $1 billion to aid turnaround amid higher medical costs.

  • Relative strength index (RSI) indicates that stocks like GMR Airport and Federal Bank are in the overbought zone.

  • Maruti Suzuki India is rising as its total wholesales jump 26.2% YoY to 2.3 lakh units in November, driven by a 60.9% increase in exports. Total domestic passenger vehicle sales grow 19.7%.

  • Escorts Kubota is rising as its total wholesales grow 17.9% YoY to 10,580 units in November. Exports surge 87.7% to 458 units, while domestic wholesales increase 15.9% to 10,122 units.

  • TVS Motor rises as its total wholesales grow 30% YoY to 5.2 lakh units in November, driven by a 27% YoY increase in two-wheelers and a 58% YoY growth in international business.

  • India’s gross GST collection for November edges up 0.7% YoY to Rs 1.7 lakh crore. Net GST receipts stand at Rs 1.52 lakh crore. Refunds issued during the month declined by 4% to Rs 18,196 crore.

  • Patel Engineering's board of directors approves a rights issue of 14.8 crore shares worth Rs 399 crore at an issue price of Rs 27 per share. The board sets December 4 as the record date for the issue.

  • Lenskart Solutions is rising sharply as its Q2FY26 net profit jumps 19.6% YoY to Rs 102.2 crore. Revenue grows 18% YoY to Rs 2,129.4 crore, led by improvements in the domestic and international markets. It features in a screener of stocks with rising net cash flow and cash from operating activities.

  • Arkade Developers receives approval from the National Company Law Tribunal (NCLT) to demerge its subsidiary, Filmistan, from itself.

  • Mahindra & Mahindra’s total vehicle sales rise 19% YoY to 92,670 units in November. In the utility vehicles segment, the company sells 56,336 units in the domestic market, marking a 22% increase, and 57,598 units overall, including exports. Domestic commercial vehicle sales rise 17%. The strong performance was driven by sustained demand following recent tax cuts.

  • Wockhardt surges more than 10% as the US FDA approves its new drug application (NDA) for Zaynich antibiotic. The antibiotic is used against the gram-negative pathogens, which are responsible for prolonged hospitalisation and high mortality. The US FDA also grants the company fast-track designation for this NDA to address urgent, unmet medical needs.

  • Ashok Leyland is rising as its total sales rise 29% YoY to 18,272 units in November. Its medium and heavy commercial vehicles' sales increase by 27%, while light commercial vehicles' sales grow by 33%.

  • SML Mahindra hits its 5% upper limit as its total sales grow 102% YoY to 1,087 units in November. Passenger vehicle sales increase 116% YoY, while cargo vehicles are up 83%.

  • Tobacco stocks like ITC and Godfrey Phillips decline after Finance Minister Nirmala Sitharaman introduces the Central Excise (Amendment) Bill, 2025, along with the “Health Security se National Security” Cess Bill, outlining the proposed tax structure for cigarettes, tobacco products, and pan masala manufacturing. The government has reportedly proposed excise duty bands for cigarettes based on stick length.

     

  • Authum Investment & Infrastructure's board of directors approves a bonus issue of shares in the ratio of 4:1.

  • Neuland Laboratories' board of directors approves a capex of Rs 189 crore to set up a research & development (R&D) facility in Hyderabad.

  • Sterling and Wilson Renewable Energy signs a five-year partnership agreement and receives its first purchase order from Adani Green Energy. The Rs 1,381 crore order involves a Balance of System package for three solar projects at the Khavda Renewable Energy Park in Gujarat, covering the supply of goods and onsite services.

  • India’s manufacturing PMI slips to a nine-month low of 56.6 in November, down from 59.2 in October. The slowdown was due to reduced demand following stringent US tariffs. Both factory output and new orders grew at their slowest pace since February, while international demand also weakened.

  • Waaree Energies is rising as it secures an order to supply 140 MW of solar modules.

  • ICICI Bank rises as it receives approval from the Reserve Bank of India (RBI) to acquire a 100% stake in ICICI Prudential Pension Funds Management (ICICI PFM) from ICICI Prudential Life Insurance (ICICI Life).

  • Dalmia Bharat's subsidiary, Dalmia Cement (Bharat), receives a Rs 143.4 crore show-cause notice from the Central GST for AY19.

  • India’s Q2FY26 GDP grew 8.2%, beating economists’ estimates of 7.2% and prompting several upward revisions to full-year growth forecasts. However, economists note that nominal GDP growth of 8.7%, though slightly above expectations, still signals pressure on corporate earnings. They also add that the chances of an RBI rate cut in December now appear slim.

  • Tega Industries rises as it enters an agreement with an affiliate of funds managed by American Industrial Partners (AIP) to acquire Molycop at an enterprise value of $1.5 billion.

  • Brigade Enterprises is rising as it signs a joint development agreement to develop a premium residential project in Begumpet, Hyderabad. The project spans approximately 3 acres, with a gross development value (GDV) of around Rs 800 crore and a total development potential of 0.5 million square feet.

  • NCC is rising as it secures multiple orders worth Rs 530.7 crore in the buildings, water and transportation segments.

  • Maharashtra Seamless is rising as it receives an order worth Rs 217 crore from Oil and Natural Gas Corp (ONGC) to supply seamless pipes used in exploration, drilling and production activities.

  • Nifty 50 was trading at 26,291.05 (88.1, 0.3%), BSE Sensex was trading at 85,983.60 (276.9, 0.3%) while the broader Nifty 500 was trading at 24,019.70 (86.5, 0.4%).

  • Market breadth is ticking up strongly. Of the 2,148 stocks traded today, 1,489 were on the uptick, and 569 were down.

Riding High:

Largecap and midcap gainers today include TVS Motor Company Ltd. (3,661.80, 3.7%), Hindustan Zinc Ltd. (499.85, 3.0%) and Hyundai Motor India Ltd. (2,395.70, 3%).

Downers:

Largecap and midcap losers today include Max Healthcare Institute Ltd. (1,125.40, -3.2%), GlaxoSmithKline Pharmaceuticals Ltd. (2,493, -3.0%) and Page Industries Ltd. (37,405, -2.4%).

Volume Rockets

12 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Wockhardt Ltd. (1,472.20, 19.2%), ZF Commercial Vehicle Control Systems India Ltd. (14,827, 12.3%) and TVS Holdings Ltd. (15,250, 6.4%).

Top high volume losers on BSE were Bata India Ltd. (974, -2.5%) and Star Health and Allied Insurance Company Ltd. (481, -1.4%).

JM Financial Ltd. (154.58, 6.4%) was trading at 15.7 times of weekly average. Indian Energy Exchange Ltd. (146.70, 5.3%) and Sterling and Wilson Renewable Energy Ltd. (229.47, 1.6%) were trading with volumes 5.7 and 4.7 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

25 stocks hit their 52 week highs, while 15 stocks hit their 52 week lows.

Stocks touching their year highs included - Adani Ports & Special Economic Zone Ltd. (1,530.50, 0.9%), AIA Engineering Ltd. (3,840, -0.6%) and Bank of Baroda (295.55, 2.0%).

Stocks making new 52 weeks lows included - Bata India Ltd. (974, -2.5%) and Jyothy Labs Ltd. (295.50, -1.5%).

16 stocks climbed above their 200 day SMA including Wockhardt Ltd. (1,472.20, 19.2%) and JSW Holdings Ltd. (21,125, 4.4%). 12 stocks slipped below their 200 SMA including KPR Mill Ltd. (1,043.10, -3.4%) and Max Healthcare Institute Ltd. (1,125.40, -3.2%).

 
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