WRU13 – Weekly Market Pulse

The Indian equity market witnessed a cautious trading week between 28th November and 5th December 2025. Bulls and bears continued their ongoing battle, resulting in muted index-level performance while volatility remained stock- and sector-specific.

📈 How Did the Markets Perform?

The large-cap indices remained steady, but midcap and smallcap segments faced notable pressure.

This highlights a risk-off approach as investors took money off broader market winners.

🚀 Top Gainers & Losers — Nifty 50

⬆️ Top Gainers

IT led the charge, supported by global tech optimism.

• Wipro Ltd.: +4.2%
• HCL Technologies: +3.6%
• Infosys Ltd.: +3.6%
• Tech Mahindra: +3.5%
• Asian Paints Ltd.: +3.3%

⬇️ Top Losers

Aviation, healthcare, and consumer names saw profit booking.

• InterGlobe Aviation Ltd.: -9.0%
• Max Healthcare: -5.6%
• Hindustan Unilever: -2.9%
• Eternal Ltd.: -2.6%
• Titan Company Ltd.: -2.4%

🔍 Nifty 500 — High Action Zone

⬆️ Biggest Gainers

• Birlasoft Ltd.: 13.8%
• Hindustan Copper Ltd.: 13.7%
• ZF Commercial Vehicle Systems: 12.0%
• Wockhardt Ltd.: 10.1%
• Onesource Specialty Pharma: 10.0%

 ⬇️ Biggest Losers

• Kaynes Technology: -20.7%
• Ola Electric Mobility: -13.6%
• Transformers & Rectifiers: -12.5%
• Hitachi Energy India: -12.5%
• Garden Reach Shipbuilders: -11.5%

A volatile week for broader market leaders with sharp swings in technology, energy, and defence plays.

▶️ Sector Snapshot — Weekly Change

✅ Top Performing Sectors

• IT: +3.5% (Strong Outperformer)
• Auto: +0.6%
• Metal: +0.5%
• Private Banks: +0.3%

✅ Weak Sectors

• Media: -2.3%
• PSU Banks: -1.6%
• Healthcare: -1.2%
• Realty: -1.1%
• Oil & Gas: -1.1%

✅ blueKey Market Drivers This Week

      ❇️ Major Macro Announcements:

• RBI Repo Rate Cut: Cut by 25 bps → 5.25%.
• Policy Stance: Changed to Neutral.
• GDP Forecast: FY26 growth forecast raised to 7.3% (earlier 6.8%).
• Liquidity Injection: RBI to inject liquidity via ₹1 lakh crore OMO bond purchases and a $5 billion USD/INR swap.
• IIP Growth: Stood at 0.4% in Oct’25 (modest).
• GST Collection: Eased to ₹1.7 lakh crore, a 1-year low.

These indicate a policy push for growth, but underlying consumption remains muted.

🔔 Events to Watch Next Week

• Sunday: Japan Q3 GDP numbers
• Tuesday: US JOLTs Job Openings
• Wednesday: US Core CPI
• Wednesday: US Fed Interest Rate Decision
• Friday: India CPI data

Central bank cues and inflation readings may add volatility to global and domestic markets.

🏁  Bottom Line

• Markets paused after months of strong gains.
• IT outperformed, while broader markets corrected.
• RBI’s measures support liquidity and growth.
• Upcoming inflation data will be key to near-term direction.

Stay tuned — volatility may continue as global and domestic triggers unfold.

FAQs

Q1. Why did smallcaps fall more than largecaps this week?

Investors locked in profits from recent outperformers, leading to a sharper correction in broader markets.

Q2. Which sector performed the best?

The IT sector, gaining +3.5% driven by renewed interest in tech majors.

Q3. Which was the biggest gaining stock?

Birlasoft, up 13.8% within the Nifty 500 universe.

Q4. What major policy change happened this week?

RBI cut the repo rate to 5.25% and shifted its stance to Neutral.

Source: JM Mutual Fund, Mahindra Mutual Fund

Disclaimer: Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing.