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Sensex, Nifty trade lower amid low volumes, foreign fund outflows
Dec-26-2025

Indian equity benchmarks made flat-to-negative start on Friday despite firm cues from global markets. Sensex and Nifty were trading lower in early deals as sentiment remained fragile amid low volumes due to holidays. Foreign fund outflows also dented the sentiments, with FII selling of Rs 1,721 crore on Wednesday. Further, lack strong domestic cues kept markets range-bound. Traders also adopted a wait-and-watch approach ahead of the release of India’s Industrial Production data in the coming week. However, downside remained capped as think tank GTRI said India's goods and services exports are likely to grow by 3 per cent to $850 billion in 2025-26. In 2024-25, the overall exports touched $825 billion ($438 billion in merchandise and $387 billion in services).

On the global front, Asian markets traded mostly higher in thin holiday trade on Friday ahead of the Christmas and Boxing holidays. Core consumer prices in Tokyo rose 2.3 per cent year-on-year in December, staying above the Bank of Japan’s 2 per cent target, according to government data on Friday. 

The BSE Sensex is currently trading at 85205.44, down by 203.26 points or 0.24% after trading in a range of 85183.19 and 85378.51. There were 7 stocks advancing against 23 stocks declining on the index.

The broader indices were trading in green; the BSE Mid cap index rose 0.24%, while Small cap index was up by 0.05%.

The top gaining sectoral indices on the BSE were PSU up by 0.59%, Capital Goods up by 0.54%, Power up by 0.36%, Industrials up by 0.35% and Realty up by 0.31%, while Healthcare down by 0.24%, TECK down by 0.19%, FMCG down by 0.18%, Auto down by 0.14% and IT down by 0.14% were the top losing indices on BSE.

The top gainers on the Sensex were Bharat Electronics up by 1.26%, Titan Company up by 0.41%, Trent up by 0.25%, NTPC up by 0.17% and Power Grid up by 0.06%. On the flip side, Sun Pharma down by 1.24%, Bajaj Finance down by 1.15%, Tata Steel down by 0.74%, Eternal down by 0.63% and TCS down by 0.52% were the top losers.

Meanwhile, Global Trade Research Initiative (GTRI) has said that India's goods and services exports are expected to rise by 3% to $850 billion in current financial year (FY26). In FY25, the overall exports touched $825 billion ($438 billion in merchandise and $387 billion in services).

It said India’s exports in 2026 will face a far tougher global trade environment than it has seen in years. It stated growing protectionism in developed countries, weakening global demand and new climate-linked trade barriers are colliding just as India is trying to scale up exports. 

GTRI founder Ajay Srivastava said the result is an outlook marked less by expansion and more by the challenge of holding ground. Srivastava said ‘In FY26, goods exports are likely to stay broadly flat, squeezed by weak global demand and renewed US tariff pressure, while services exports may inch past $400 billion. That would lift total exports to roughly $850 billion’.

The CNX Nifty is currently trading at 26091.85, down by 50.25 points or 0.19% after trading in a range of 26081.70 and 26144.20. There were 16 stocks advancing against 34 stocks declining on the index.

The top gainers on Nifty were Bharat Electronics up by 1.24%, Coal India up by 0.88%, Cipla up by 0.71%, Adani Enterprises up by 0.70% and Eicher Motors up by 0.46%. On the flip side, Sun Pharma down by 1.20%, Shriram Finance down by 0.91%, Tata Steel down by 0.86%, Bajaj Finance down by 0.73% and Eternal down by 0.68% were the top losers.

Asian markets were trading mostly in green; Nikkei 225 surged 450.21 points or 0.89% to 50,858.00, Taiwan Weighted rose 179.39 points or 0.63% to 28,551.37, KOSPI increased 15.75 points or 0.38% to 4,124.37 and Straits Times added 0.86 points or 0.02% to 4,637.20, while Shanghai Composite was down by 7.53 points or 0.19% to 3,952.09.

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