Benchmark indices experienced deeper losses in afternoon trading on Monday, driven by ongoing weakness in the aviation and metal sectors as investors exercised caution ahead of the US Federal Reserve’s policy meeting later this week.
The Sensex was recorded at 85,289.07, reflecting a decline of 423.30 points or 0.49 percent from its previous close of 85,712.37. Meanwhile, the Nifty 50 dropped 162.40 points or 0.62 percent to settle at 26,024.05, compared to its prior close of 26,186.45. Both indices began lower, with the Sensex opening at 85,624.84 and the Nifty at 26,159.80.
Market breadth remained unfavorable, with 3,013 stocks declining against 1,064 that advanced on the Bombay Stock Exchange (BSE), and 205 stocks remaining unchanged. A total of 218 stocks fell to lower circuit limits, surpassing 168 that reached upper circuit limits. The number of stocks hitting 52-week lows amounted to 370, significantly higher than the 70 stocks that achieved 52-week highs.
IndiGo was the most significant loser on the Nifty 50, falling 7.83 percent to ₹4,950.00. Other noticeable declines included Bharat Electronics, which decreased by 3.83 percent to ₹391.30, and Eicher Motors, which dropped by 2.43 percent to ₹285.30. Additionally, JSW Steel saw a decline of 2.22 percent to ₹1,136.40, while Jio Financial Services lost 2.06 percent, closing at ₹297.50.
On the gaining side, Tech Mahindra led with a modest rise of 0.83 percent to ₹1,583.90. HCL Technologies increased by 0.46 percent to ₹1,690.80, while HDFC Life Insurance advanced by 0.43 percent to ₹771.60. Wipro saw a climb of 0.27 percent, finishing at ₹260.60, and Tata Consultancy Services edged up 0.23 percent to ₹3,245.50.
Broader market indices underperformed the benchmarks, with the Nifty Midcap 100 falling by 1.46 percent to 59,697.85, and the Nifty Smallcap 100 declining by 2.02 percent to 17,151.80. The Nifty Next 50 dropped 1.57 percent to 67,633.70, while the Nifty Bank index slipped by 0.84 percent to 59,273.50.
Despite a recent 25 basis points rate cut by the Reserve Bank of India and an upgraded GDP forecast for FY26, market sentiment remained cautious. Analysts attributed this weakness to ongoing outflows from foreign institutional investors, depreciation of the rupee, and uncertainties surrounding the Federal Reserve’s upcoming policy meeting on December 10.
Published on December 8, 2025.
