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Bourses add losses in early afternoon session
Dec-30-2025

Indian markets added losses in early afternoon session amid persistent foreign fund outflows. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,759.89 crore on Monday, according to exchange data. Traders ignored the report that India's industrial production grew at a two-year high of 6.7 per cent in November this year, driven by strong performances in mining and manufacturing. Besides, government in its latest release has said that India has reached a new milestone, overtaking Japan to become the world’s fourth-largest economy, with GDP valued at $4.18 trillion. With strong growth momentum, India is now on track to displace Germany from the third rank in the next 2.5 to 3 years with projected GDP of $7.3 trillion by 2030. On the global front, Asian markets were trading mixed amid concerns surrounding valuations of AI related stocks, and geopolitical tensions following China's military exercises around Taiwan, and Ukraine's drone strikes near Russian President Vladimir Putin's residence.

The BSE Sensex is currently trading at 84517.96, down by 177.58 points or 0.21% after trading in a range of 84470.94 and 84802.64. There were 11 stocks advancing against 19 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.40%, while Small cap index was down by 0.56%.

The few gaining sectoral indices on the BSE were Metal up by 0.86%, Auto up by 0.64%, Bankex up by 0.08% and Oil & Gas was up by 0.01%, while Capital Goods down by 0.95%, Realty down by 0.95%, Healthcare down by 0.74%, IT down by 0.71% and Industrials was down by 0.58% were the top losing indices on BSE.

The top gainers on the Sensex were Mahindra & Mahindra up by 1.18%, Axis Bank up by 1.10%, Maruti Suzuki up by 0.60%, Bharti Airtel up by 0.57% and SBI up by 0.48%. On the flip side, Eternal down by 2.33%, Interglobe Aviation down by 1.76%, Bajaj Finserv down by 1.28%, Ultratech Cement down by 1.08% and Infosys down by 0.93% were the top losers.

Meanwhile, government in its latest release has said that India has reached a new milestone, overtaking Japan to become the world’s fourth-largest economy, with GDP valued at $4.18 trillion. With strong growth momentum, India is now on track to displace Germany from the third rank in the next 2.5 to 3 years with projected GDP of $7.3 trillion by 2030. It also stated that India is among the world’s fastest-growing major economies and is well-positioned to sustain this momentum. With the ambition of attaining high middle-income status by 2047- the centenary year of its independence- the country is building on strong foundations of economic growth, structural reforms, and social progress.

As per the release, India shows resilience despite persistent global trade uncertainties, with GDP expanding to a six-quarter high in Q2 of 2025-26. India’s real GDP grew 8.2% in Q2 FY 2025-26, up from 7.8% in the previous quarter and 7.4% in Q4 of 2024-25, led by resilient domestic demand amidst global trade and policy uncertainties. Real gross value added (GVA) expanded by 8.1%, catalysed by buoyant industrial and services sectors. The government further noted that high-frequency indicators point to sustained economic activity with inflation remaining below the lower tolerance threshold. Unemployment is on a declining trajectory, and export performance continues to improve. Furthermore, financial conditions have stayed benign, with strong credit flows to the commercial sector, while demand conditions remain firm, supported by a further strengthening of urban consumption.

According to the government, domestic drivers such as favourable agricultural prospects, the sustained effects of GST rationalisation, benign inflation, and the strong balance sheets of corporates and financial institutions- coupled with supportive monetary and financial conditions, are expected to continue bolstering the economic activity. Further, external factors such as services exports are projected to remain robust, while the swift conclusion of current trade and investment negotiations offers additional upside potential. Ongoing reforms are likely to further enable growth prospects. Present macro-economic situation presents a rare ‘goldilocks period’ of high growth and low inflation.   

The CNX Nifty is currently trading at 25888.90, down by 53.20 points or 0.21% after trading in a range of 25878.00 and 25975.85. There were 15 stocks advancing against 35 stocks declining on the index.

The top gainers on Nifty were Hindalco up by 1.91%, Shriram Finance up by 1.90%, Mahindra & Mahindra up by 1.18%, Axis Bank up by 1.16% and Bajaj Auto up by 1.07%. On the flip side, Max Healthcare Inst down by 2.62%, Eternal down by 2.30%, Interglobe Aviation down by 1.77%, Apollo Hospital down by 1.42% and Bajaj Finserv down by 1.28% were the top losers.

Asian markets were trading mixed; Hang Seng advanced 286.77 points or 1.11% to 25,922.00, Straits Times rose 24.13 points or 0.52% to 4,657.77 and Shanghai Composite was up by 0.44 points or 0.01% to 3,965.72. On the flip side, KOSPI dropped 6.39 points or 0.15% to 4,214.17, Jakarta Composite plunged 6.8 points or 0.08% to 8,637.46, Taiwan Weighted lost 103.76 points or 0.36% to 28,707.13 and Nikkei 225 was down by 107.92 points or 0.21% to 50,419.00.

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