Indian Developments
Indian equity markets closed the week on a mixed note, as optimism from the RBI’s 25 bps rate cut was offset by global risk-off sentiment and profit booking. The repo rate now stands at 5.25%, while inflation projections for FY26 were revised slightly lower to 4.8%, and GDP growth forecast held at 7.2%.
Broader markets were range bound with Nifty 50 and Nifty Midcap 150 ended on a flat note rose 0.05% and 0.14% respectively, while Nifty Small cap 250 slipped 1.12% compared to previous week. The India VIX have been declined by 6.56%.
The Indian Rupee weakened to ?90.42 against the US dollar running at its lowest, amid persistent dollar strength and crude volatility.
FIIs turned net sellers, with outflows of ?2,450 crore, while DIIs absorbed selling with ?1,980 crore inflows.
Sectoral Developments
Market performances were mixed this week. Metals led gains, up ~2.58%, on strong global commodity cues supported by global tech optimism. Nifty Infrastructure (0.53%) showed resilience driven by strong government capex push. Nifty Financials, Consumer Durables and Banks were mildly positive post RBI rate cut. Nifty Auto recorded robust sales. Nifty Energy traded flat.
Nifty Defence was the hardest hit lost 3.66% compared to previous month followed by Nifty India Tourism (2.71%) amid global economic concerns. Nifty FMCG, pharma, IT declined by 1.30%, 0.65% and 0.22% respectively. Weak rural consumption led the loss.
Nifty PSU bank was ended with mild negative performance.
Global Developments
Global equities were volatile as markets digested mixed economic signals:
Other Markets:
Source: www.nseindices.com; MCX Gold Prices; Economic times, Bloomberg.
Data for week ended on December 12, 2025.
Disclaimers:
The views and investment tips expressed by experts are their own and are meant for informational purposes only and should not be construed as investment advice. Investors should check with their financial advisors before taking any investment decisions.
The word ‘more’ does not imply more returns or assurance of scheme performance.it refers to the additional value provided by the joint venture, as compared to Baroda AMC and BNP Paribas AMC individually.
In the preparation of the material contained in this document, Baroda BNP Paribas Asset Management India Ltd. (“AMC”) (formerly BNP Paribas Asset Management India Private Limited) has used information that is publicly available, including information developed in-house. The AMC, however, does not warrant the accuracy, reasonableness and/or completeness of any information. This document may contain statements/opinions/ recommendations, which contain words, or phrases such as “expect”, “believe” and similar expressions or variations of such expressions that are “forward looking statements”. Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India and other countries globally, which have an impact on our investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices, etc. The AMC (including its affiliates), Baroda BNP Paribas Mutual Fund (“Mutual Fund”), its sponsor / trustee and any of its officers, directors, personnel and employees, shall not be liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this document in any manner. The recipient alone shall be fully responsible / liable for any decision taken based on this document. All figures and other data given in this document are dated and may or may not be relevant at a future date. Prospective investors are therefore advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequences of subscribing to the units of the schemes of Baroda BNP Paribas Mutual Fund.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
© Copyright Baroda BNP Paribas Mutual Fund
