Equity markets experienced volatility on Wednesday as investors adopted a cautious stance ahead of crucial global indicators, notably the US Federal Reserve’s interest rate decision. A weak rupee, foreign fund outflows, and a significant decline in banking and public sector bank stocks contributed to pushing the indices lower.
With no new domestic triggers and the onset of profit-booking following recent gains, overall market sentiment remained subdued, though certain sectors displayed resilience. The BSE Sensex and NSE Nifty 50 indices traded flat after witnessing intraday dips of over 600 points and 180 points, respectively. As of 1:37 pm, the Sensex stood at 84,663.54, while the Nifty 50 was at 25,848.85.
Both midcap and smallcap indices dropped by 0.4 percent each. Sectoral performance showed mixed results, with the metal index emerging as the leader, gaining over 1 percent. Sectors such as media, pharmaceuticals, chemicals, automotive, and real estate recorded modest gains, while banking, IT, and telecom sectors slipped into negative territory.
Metal Stocks Lead Gainers
Within the Nifty 50 constituents, Hindalco, Eicher Motors, Tata Steel, HDFC Life, and SBI Life were among the top gainers. Conversely, IndiGo, Eternal, HDFC Bank, Apollo Hospitals, and Nestle India faced the largest declines.
Out of 3,115 stocks traded on the National Stock Exchange, approximately 1,621 advanced, 1,400 declined, and 84 remained unchanged. Notably, 28 stocks reached their 52-week highs, while 53 hit 52-week lows. In addition, 72 stocks reached their upper circuit limits, whereas 31 fell to their lower circuit limits.
In the midcap segment, Godfrey Phillips, AU Small Finance Bank, HDFC AMC, SRF, and IRB saw gains of 2-3 percent. In contrast, Persistent Systems, Coromandel International, Paytm, BSE, and Dixon Technologies experienced declines of 2-3 percent.
In the smallcap arena, Navin Flourine, Brigade Enterprises, Ramco Cements, Jindal Saw, and Manappuram Finance recorded increases of 2-4 percent. Meanwhile, Kaynes saw an 8 percent reduction, along with Reliance Power, Data Patterns, MCX, Five Star Business, and Inox Wind, which fell by 2-4 percent.
Published on December 10, 2025.
