Synopsis : Indian equity markets traded sharply lower as heavy selling in metal and financial stocks dragged benchmark indices down. A record low in the rupee against the US dollar further dampened investor sentiment, weighing on broader markets.
Stock Market LIVE | December 16, 2025:
Indian benchmark indices witnessed a sharp sell-off on Tuesday, tracking weakness in metal and financial stocks and concerns around currency depreciation. A falling rupee and broad-based pressure across sectors kept market sentiment cautious throughout the session.
At 11:00 AM, the BSE Sensex was trading at 84,760, down nearly 450 points (0.5%), after touching an intraday low of 84,717. The NSE Nifty50 also slipped 127 points (0.5%) to trade around 25,900 levels.
Top Losers and Gainers
Heavyweights led the decline, with Axis Bank and Eternal emerging as the worst performers among Sensex stocks, plunging up to 4%. Other major laggards included Reliance Industries, Tata Steel, Bharat Electronics, HCL Technologies, Infosys, Sun Pharma, and Bajaj Finserv, each falling over 1%.
In an otherwise weak market, Titan and Bharti Airtel offered some support, gaining around 1% each.
Broader Market and Sectoral Trends
The sell-off extended to the broader markets as well. The BSE MidCap and SmallCap indices were down over 0.5% each, reflecting risk aversion across market segments.
On the sectoral front, metal and financial stocks remained under pressure, acting as the key drags on the indices.
Stock in Focus
Recently listed Meesho surged 13% to ₹193.50 in intraday trade. The stock is now trading at a robust 74% premium over its IPO price, drawing strong investor interest despite the broader market weakness.
Rupee Hits Record Low
Adding to the cautious mood, the Indian rupee weakened to a fresh all-time low of 90.91 against the US dollar, raising concerns over inflation, foreign fund flows, and import costs.
Disclaimer : This article is for informational purposes only and does not constitute financial or investment advice. Market conditions can change rapidly; readers are advised to consult a qualified financial advisor before making investment decisions.
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