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NIfty And BSE Hit Bull’s Eye Before Close ; But Manufacturing Sector Falls To Two-Year Low In December

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Equity benchmark index Nifty hit its lifetime peak before closing 182 points higher  and the BSE Sensex jumped 573 points, powered by strong buying in power, banking and metal stocks.

Unabated capital infusion by domestic institutional investors amid a sharp rally in Asian peers also supported the domestic stock market, traders said. Charting out a firm trend, the 30-share BSE Sensex climbed 573.41 points or 0.67 per cent to settle at 85,762.01.

During the day, it jumped 623.67 points, or 0.73 per cent, to 85,812.27.

The 50-share NSE Nifty went up by 182 points, or 0.70 per cent, to 26,328.55. During the day, it surged 193.45 points, or 0.73 per cent, to reach an all-time peak of 26,340.

India’s manufacturing sector activity witnessed the weakest improvement in the sector in two years in December on account of softer expansions in new orders, prompting firms to limit input purchases and job creation, a monthly survey said .

The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) — an indicator of sector performance — fell from 56.6 in November to 55 in December.

In the PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

“Even with growth momentum easing, India’s manufacturing industry wrapped up 2025 in good shape.

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