Overview
- India’s benchmarks closed higher on Dec. 22, with the Sensex at 85,567.48 (+638) and the Nifty at 26,172.40 (+206), extending Friday’s rebound.
- Information technology and metal shares led the advance, with large-cap names such as Infosys, Tech Mahindra, HCL Tech and Tata Steel among top gainers.
- Market breadth improved as midcap and smallcap indices outperformed, and all major sectoral gauges finished in the green.
- Exchange data showed recent net purchases by foreign investors of about Rs 1,830.89 crore and by domestic institutions of about Rs 5,722.89 crore, reinforcing the upswing.
- Traders cited supportive global tech cues and expectations for Fed easing in 2026, alongside a stabilising rupee, while strategists cautioned that elevated valuations and thin holiday liquidity could amplify swings.