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Sensex rises 449 points; Nifty holds above 26,000 despite weekly losses
Sensex and Nifty closed higher on metal-led gains but recorded weekly declines due to profit booking after recent market highs.
Indian equities ended higher on December 12, with the Sensex gaining 449 points to close at 84,818 and the Nifty finishing above the 26,000 mark for the second consecutive session. Metal stocks led the rally, with Tata Steel and Eternal rising up to 3%. Despite the daily gains, both benchmarks posted weekly losses as investors booked profits after recent highs.