Benchmark indices experienced a partial recovery by early afternoon on Tuesday, reducing steep opening losses. The Sensex was trading at 84,789.29, down 313.40 points or 0.37 percent, while the Nifty stood at 25,861.55, a decline of 99 points or 0.38 percent as of 1 PM.
The markets opened sharply lower, with the Sensex at 84,742.87 and the Nifty at 25,754.90, primarily influenced by weak global cues and caution ahead of the U.S. Federal Reserve’s policy decision scheduled later this week.
Market breadth indicated a divergent scenario, with advances outnumbering declines at 2,307 to 1,671 among the 4,172 stocks traded on the Bombay Stock Exchange (BSE).
Sectoral performance was mixed; Nifty Financial Services decreased by 0.44 percent to 27,563.95, while Nifty Bank fell slightly by 0.06 percent to 59,204.05. In contrast, Nifty Midcap 100 gained 0.03 percent, and Nifty Smallcap 100 rose by 0.58 percent.
Several stocks from the Nifty index saw positive movement, led by Titan Company, which climbed 2.33 percent to ₹3,854.90. Other gainers included Eveready Industries, up 1.24 percent to ₹288.80, Shriram Finance, rising 1.16 percent to ₹843.90, Adani Enterprises, increasing 1.07 percent to ₹2,240, and Grasim Industries, advancing 0.76 percent to ₹2,765.
Conversely, Asian Paints emerged as the biggest loser, plummeting 4.29 percent to ₹2,802.70. Tech Mahindra decreased by 1.77 percent to ₹1,563.60, Wipro fell 1.41 percent to ₹257.69, Max Healthcare dropped 1.35 percent to ₹1,064.80, and Tata Steel declined by 1.30 percent to ₹161.34.
Market participants displayed caution as the Indian rupee traded above the 90 mark against the dollar, reflecting persistent dollar strength. Additional concerns were raised following U.S. President Donald Trump’s comments suggesting potential tariffs on rice imports from India, compounding the risk-averse sentiment.
Technical analysts reported that Nifty’s immediate resistance levels were at 25,950-26,000, with support identified at 25,800. During the session, 54 stocks reached 52-week highs, while 483 stocks touched 52-week lows.
Furthermore, 130 stocks hit their upper circuit limits, and 142 touched lower circuits, illustrating the volatile trading environment as investors awaited further global developments.
Published on December 9, 2025.
