Stock Market News: Benchmark indices declined for the third consecutive session on December 26, amid lack of any positive triggers, dragged by index heavyweights and IT stocks.
Sensex slipped 367.25 points, or 0.43 per cent, to close at 85,041.45, and Nifty 50 closed lower by 99.80 points, or 0.38 per cent at 26,042.30.
Broader market indices also mirrored the subdued sentiment, as Nifty Midcap 100 fell 0.23 per cent, Nifty Smallcap 100 closed 0.08 per cent lower, and Nifty 500 declined 0.29 per cent.
IT Emerges Biggest Sectoral Loser
Amid sectoral indices, Nifty Metal and Nifty Consumer Durables gained 0.59 per cent and 0.34 per cent, respectively. Nifty FMCG and Nifty Chemicals closed flat-to-positive.
On the other hand, Nifty IT emerged as the biggest lower, falling 1.03 per cent. Nifty indices of Auto, Financial Services, Pharma, Realty, and PSU and Private Banks also ended the day in red.
Nifty Bank closed the day 172.25 points, or 0.29 per cent lower at 59,011.35.
Nifty 50: Top Gainers & Losers
Among the Nifty 50 constituents, Titan gained 2.17 per cent, emerging as the top gainer of the day. Hindalco, Nestle India, NTPC, Cipla, ONGC, Adani Enterprises, JSW Steel, Hindustan Unilever were also among the top gainers.
On the other hand, Asian Paints, Shriram Finance, Bajaj Finance, Tata Consultancy Services (TCS), Tech Mahindra, Bajaj Auto, and Eternal (formerly Zomato) were among the top losers, falling between 1 per cent and 1.40 per cent. Index heavyweights like HDFC Bank and ICICI Bank also dragged the benchmark indices.
Stock Market Outlook: What To Watch When Trade Resumes On Dec 29
The Ministry of Statistics and Programme Implementation (MoSPI) is set to release India's Index of Industrial Production (IIP) data for November 2025.
IIP measures the month-on-month change in output across the manufacturing, mining and electricity sectors. The data is closely tracked by market participants as it offers an early read on economic momentum, corporate earnings trends and potential policy moves by the Reserve Bank of India (RBI).
Further, market participants will also be watchful of the ongoing oil tensions between the US and Venezuela, and further updates on the potential India-US trade deal.
