Indian equities witnessed a muted trading session on December 4, 2025, with the benchmark Nifty 50 hovering around 25,985.30, down 0.70 points (0.00%) as of 14:07 IST. While headline indices remained flat, strong action continued in select mid- and small-cap stocks, delivering significant intraday gains. On the downside, pressure mounted on banking and financial stocks, pulling sectoral indices into the red.
Despite a stable opening at 25,981.85, Nifty 50 struggled to build upward momentum, hitting a high of 26,098.25 and a day’s low of 25,938.95.
Nifty Next 50 rose to 68,512.15 (+0.16%)
Nifty Financial Services dropped to 27,535.05 (–0.34%)
Nifty Bank slipped to 59,120.60 (–0.38%)
The performance indicates mixed sentiment, with broader indices supporting the bulls while banking and financial counters remained under pressure.
Broader Market Gainers: Magnum, SMC Global Shine with Strong Double-Digit Gains
The mid- and small-cap segment saw strong buying interest, with several counters delivering sharp gains.
Top Gainers
Symbol
LTP
Change
% Change
Volume (Lakhs)
Value (₹ Cr)
MAGNUM
24.88
+4.01
+19.21%
14.02
3.47
SMCGLOBAL
72.80
+11.46
+18.68%
69.39
50.06
NECLIFE
20.97
+3.10
+17.35%
442.17
90.34
TOTAL
85.84
+12.49
+17.03%
4.88
3.96
ELDEHSG
958.50
+127.05
+15.28%
0.82
7.74
MAGNUM led the gainers’ list with a 19.21% rally, while SMC Global surged nearly 19%, backed by sizable volumes. NECLIFE, one of the most actively traded counters with 442 lakh shares, continued its upward trend with a 17.35% jump. ELDEHSG also saw strong buying despite relatively low volumes, rising over 15%.
Broader Market Losers: Indo-RE2 Extends Sharp Fall, Power India Declines
Weak sentiment persisted in select small-cap stocks, with Indo-RE2 once again topping the losers’ list.
Top Losers
Symbol
LTP
Change
% Change
Volume (Lakhs)
Value (₹ Cr)
INDO-RE2
0.69
–0.18
–20.69%
3.00
0.02
DJML
54.99
–6.13
–10.03%
1.38
0.78
DUCON
3.65
–0.30
–7.59%
10.04
0.38
POWERINDIA
20,225.00
–1,625.00
–7.44%
2.50
520.05
DAVANGERE
3.89
–0.30
–7.16%
184.45
7.40
INDO-RE2 continued its steep decline, falling 20.69%, signaling sustained selling pressure. POWERINDIA recorded a heavy absolute fall of ₹1,625, translating to a 7.44% drop, with a trading value exceeding ₹520 crore, indicating institutional-level activity.
Market Outlook
While the benchmark index remained largely unchanged, the contrasting movements in broader markets reflect heightened stock-specific momentum. Gains in mid- and small-cap segments suggest active retail participation, while declines in financial-heavy sectors indicate caution due to global rate and liquidity concerns.
Conclusion: December 4, 2025
The domestic market traded flat on December 4, 2025, with Nifty 50 struggling to break out of a narrow range. However, select broader-market stocks witnessed impressive gains, led by Magnum and SMC Global. On the downside, Indo-RE2 and Power India saw significant pressure. Investors appear to be focusing on stock-specific opportunities as major indices remain directionless.