HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Markets relinquish all gains in late trade
Dec-18-2025

Indian equity markets relinquished all gains and entered into red terrain in late afternoon session. The lingering uncertainty over India-US bilateral trade deal weighed on investors’ sentiments. Besides, the weekly expiry of Sensex derivative contracts may have added caution among traders. However, losses remained capped as CareEdge Ratings in its latest report has estimated India’s Gross Domestic Product (GDP) growth at 7.5% in FY26 and 7.0% in FY27. Moreover, market participants took support amid renewed fund inflows by Foreign Institutional Investors (FIIs). FIIs were the net buyer on Wednesday’s session with net buying of equities worth Rs 1,171.71 crore. 

On the global front, Asian equity markets were trading mostly in red tracking negative cues from Wall Street overnight. European equity markets were trading higher ahead of central bank decisions from the European Central Bank and the Bank of England.

The BSE Sensex is currently trading at 84512.53, down by 47.12 points or 0.06% after trading in a range of 84238.43 and 84780.19. There were 7 stocks advancing against 23 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.12%, while Small cap index was down by 0.38%.

The top gaining sectoral indices on the BSE were IT up by 0.87%, TECK up by 0.50%, Realty up by 0.33%, Metal up by 0.13% and Bankex up by 0.08%, while Power down by 1.18%, Capital Goods down by 1.01%, Utilities down by 0.87%, Oil & Gas down by 0.82%, Industrials down by 0.74% were the top losing indices on BSE.

The top gainers on the Sensex were TCS up by 1.57%, Infosys up by 1.26%, Tech Mahindra up by 1.10%, ICICI Bank up by 0.44% and Axis Bank up by 0.37%. On the flip side, Sun Pharmaceutical Industries down by 2.82%, Power Grid Corporation down by 1.59%, Tata Steel down by 1.29%, NTPC down by 1.28% and Mahindra & Mahindra down by 1.25% were the top losers.

Meanwhile, in a bid to reinforce the bilateral cooperation in agricultural research, capacity building, and technology exchange, a work plan for 2025-2027 has been signed between Indian Council of Agricultural Research (ICAR) and Argentina's National Institute of Agricultural Technology (INTA). The three-year work plan will be implemented through joint research, germplasm exchange, expert engagements, and structured training and study visits. 

The work plan seeks to expand collaboration across a wide range of areas, including natural resource management, sustainable agronomy including zero tillage, mechanisation, micro-irrigation and fertigation, crop. The plan also focuses on areas such as cooperation on animal biotechnology, livestock improvement, production technologies for temperate and tropical crops, digital agriculture, biosafety and phytosanitary measures, and value chain development.

The two sides are also deepening cooperation in oilseeds and pulses value chains, agricultural mechanisation including zero-tillage, cotton harvesting machinery, and drones and horticulture value chain development, including infrastructure and planting material exchange. In plant and animal health, it envisages region-specific Foot-and-Mouth Disease (FMD) elimination strategies and enhanced collaboration on locust surveillance and management through technical exchanges and best-practice sharing. Both sides reaffirmed their commitment to the India-Argentina scientific partnership and agreed to annual monitoring and review to ensure effective implementation and progress.

The CNX Nifty is currently trading at 25808.90, down by 9.65 points or 0.04% after trading in a range of 25726.30 and 25902.35. There were 23 stocks advancing against 27 stocks declining on the index.

The top gainers on Nifty were Interglobe Aviation up by 2.64%, Max Healthcare Inst up by 1.87%, TCS up by 1.71%, Infosys up by 1.27% and Hindalco up by 1.00%. On the flip side, Sun Pharmaceutical Industries down by 2.73%, Power Grid Corporation down by 1.46%, Tata Steel down by 1.32%, Mahindra & Mahindra down by 1.23% and Bajaj Auto down by 1.04% were the top losers.

Asian equity markets were trading mostly in red; Nikkei 225 slipped 409.28 points or 0.83% to 49,103.00, Taiwan Weighted lost 56.64 points or 0.21% to 27,468.53, KOSPI dropped 61.90 points or 1.55% to 3,994.51, Straits Times fell 5.66 points or 0.12% to 4,569.82 and Jakarta Composite plunged 43.43 points or 0.5% to 8,633.92, while Hang Seng advanced 13.22 points or 0.05% to 25,482.00 and Shanghai Composite strengthened 6.09 points or 0.16% to 3,876.37.

European equity markets were trading higher; UK’s FTSE 100 increased 2.11 points or 0.02% to 9,776.43, France’s CAC rose 24.45 points or 0.3% to 8,110.50 and Germany’s DAX gained 83.41 points or 0.35% to 24,044.00.
  RELATED NEWS >>
Most Viewed >>
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.