Share Market LIVE: Sensex Drops 250 Points From Day’s High; Nifty Slips Below 26,050 Amid Profit Booking
Indian stock market live updates: Sensex drops over 250 points from the day’s high and Nifty slips below 26,050 amid profit booking. Top gainers, major stock movements, analyst calls, and sector trends for December 4, 2025.
Stock market screens showing Sensex and Nifty fluctuations as indices retreat from intraday highs amid profit booking. If you want a shorter version or a Discover-friendly headline, I can create that too.
The Indian stock market witnessed volatility on Thursday, with benchmark indices retreating from early gains due to partial profit booking. After opening in the green and recovering sharply from morning lows, both Sensex and Nifty came under pressure by mid-session.
At 11:44 am, the Sensex was up 136.38 points at 85,243.19, while the Nifty 50 inched up 40.45 points to 26,026.45. Earlier in the day, the Sensex had rebounded nearly 400 points, but later shed over 250 points from its intraday high. Nifty also slipped below the 26,050 mark.
Market breadth remained slightly positive with 1,818 stocks advancing and 1,715 declining on the NSE.
Top Intra-day Gainers on Nifty 50
- TCS: +1.92%
- Adani Enterprises: +1.79%
- SBI Life: +1.56%
- Tech Mahindra: +1.54%
- HCL Tech: +1.49%
Key Market Updates
IndusInd Bank dismisses partnership reports
The lender denied any discussions regarding a strategic partnership with the Hinduja Group, calling the reports “incorrect.”
- Hindustan Copper jumps 6%
- The stock surged as LME copper prices hovered near record highs.
- Ambit Capital initiates coverage on Smartworks
Ambit Capital issued a Buy rating with a target of ₹590, citing strong traction in managed workspace solutions and high client retention.
LIC Housing Finance sees fresh MF buying
- ICICI Prudential MF increased its stake to 5.22% from 4.98%.
- Fitch revises India’s FY26 growth forecast
- Fitch Ratings upgraded India's FY26 GDP outlook to 7.4%, but expects growth to moderate to 6.4% in FY27.
- Aegis Vopak Terminals to raise ₹1,030 crore
- The company received board approval to issue NCDs via private placement.
Stocks in Focus
Pine Labs rises 2.5%
The fintech firm reported a profitable Q2, supported by a shift toward asset-light software deals and a 44% YoY surge in transactions.
IndiGo continues to fall amid flight disruptions
Shares dropped sharply as widespread cancellations affected Bengaluru, Delhi, and Hyderabad airports, causing significant operational chaos.
- Best Agrolife up 7%
- The agrochemicals company gained after approving a stock split and 1:2 bonus issue.
- Petronet LNG climbs 3%
The company signed a 15-year ethane handling agreement with ONGC, expected to generate revenues of ₹5,000 crore.
Mahindra Overseas divests stake in CIE Auto
The company sold part of its stake for ₹1,250 crore.
Market Indicators
- Advance-Decline ratio (Nifty 50): 32 advancing vs 18 declining
- Several stocks in the Nifty Smallcap 100 and Midcap 100 hit 52-week lows
- Vedanta and Asian Paints touched 52-week highs
- Broader indices like Nifty 500 saw mixed sentiment
