Sensex, Nifty Rally Led by Midcaps; VIX Plunges | 12 December 2025, 10:07 AM IST

Sensex (+0.37%), Nifty (+0.38%) rally Dec 12 led by midcaps (0.73%), smallcaps (0.77%) after sharp correction. VIX plunges 2.98% to 10.09, signaling risk-on return. Banks support, IT books profits-26,200 Nifty beckons.

Indian benchmarks built on yesterday's recovery with Sensex advancing 317.85 points to 85,135.98 (+0.37%) and Nifty 50 rising 99.00 points to 25,997.55 (+0.38%). Midcaps and smallcaps stole the show with Nifty Midcap 100 up 0.73% and Nifty Smallcap 100 gaining 0.77%, reflecting strong risk appetite return. Banking added support while IT saw mild profit booking. India VIX tumbled 2.98% to 10.09, lowest in weeks, signaling volatility normalization post recent spikes and sustained US Fed dovish momentum.​

Snapshot – 10:07 AM IST, 12 December 2025

IndexLTPChange% Chg
SENSEX85,135.98317.850.37
NIFTY 5025,997.5599.000.38
NIFTY BANK59,454.75244.900.41
NIFTY IT37,931.55-165.45-0.43
India VIX10.09-0.31-2.98
NIFTY Midcap 10060,013.20435.150.73
NIFTY Smallcap 10017,360.00131.950.77
  • Midcaps, smallcaps rebound sharply after brutal correction; value buying emerges in beaten-down names.​
  • US Fed rate cut continuation boosts global liquidity flows; FII selling pressure eases significantly.
  • Banking steady with select PSUs leading; IT profit booking after sharp recovery yesterday.
  • Rupee stabilizes away from 90/USD crisis levels; focus shifts to Q3 earnings acceleration.​

Predictions & Watch Outs

  • Nifty targets 26,200 decisively; midcaps could lead to 61,000+ if momentum sustains.​
  • Favor mid/smallcaps momentum; trail IT longs with tight stops.
  • Trade strategy: Ride broader rally, scale into strength with 25,900 support buffer.