Taking Stock: Market ends marginally lower amid volatility; snaps 2-day gaining streak

Market Today

The Indian benchmark indices started the week on a negative note, snapping two-day gaining streak with Nifty managed to close above 26,000 in the volatile session on December 15.

Amid weak global cues, the market opened lower and dragged the Nifty near 25,900 in the first half, however, mid-session recovery helped the Nifty to close near the day's high.

At close, the Sensex was down 54.30 points or 0.06 percent at 85,213.36, and the Nifty was down 19.65 points or 0.08 percent at 26,027.30. BSE midcap index ended flat, while smallcap index rose 0.4%.

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InterGlobe Aviation, ITC, HCL Technologies, HUL, Trent were among top gainers on the Nifty, while losers included ONGC, M&M, HDFC Life, Eicher Motors, JSW Steel.

On the sectoral front, PSU Bank, media, IT, FMCG, Consumer Durables rose 0.3-1%, while auto, pharma, telecom shed 0.5-1%.

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In stock-specific action, PVR Inox shares gained 3% as Dhurandhar creating new box office records, Geojit Financial Services shares surged 9% after 4.25 crore shares change hands in a block deals, Refex Industries share price jumped 17% after clarification on I-T dept conducting search operations, Elitecon International shares rose 5% on long-term supply contract win.

Index	Prices	Change	Change%
Sensex	85,524.84	-42.64	-0.05%
Nifty 50	26,177.15	4.75	+0.02%
Nifty Bank	59,299.55	-4.45	-0.01%

Nifty 50 26,177.15 4.75 (0.02%)

Tue, Dec 23, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Coal India	400.40	14.15	+3.66%

Biggest Loser	Prices	Change	Change%
Infosys	1,668.30	-21.30	-1.26%

Best Sector	Prices	Change	Change%
Nifty Metal	10727.05	58.05	+0.54%

Worst Sector	Prices	Change	Change%
Nifty IT	39173.70	-314.30	-0.80%

KEC International share price added more than 1% on bagging new orders worth Rs 1,150 crore, Ashoka Buildcon shares surged 2.5% as JV gets project worth Rs 1,041.44 crore, SEPC share price added 12% on signing MoU with JARPL, Matrimony.com share price shed 5% after board approves share buyback, Wheels India share price rose 5% on signing technical assistance agreement Japan's Topy Industries.

Also Read - Rupee weakens to new record low against US dollar

More than 120 stocks hit 52-week low, including Petronet LNG, Ramkrishna Forging, Sheela Foam, Veranda Learning, Patel Engineering, Panorama Studio, TCPL Packaging among others. Click to View More

More than 100 stocks hit 52-week high, IDFC First Bank, Ashok Leyland, Federal Bank, Vedanta, Hindustan Zinc, Muthoot Finance, NALCO, Hindustan Copper, Vodafone Idea, among others. Click to View More

After making a strong debut with more than 38 percent premium over its initial public offering (IPO) price, the Corona Remedies ended the session with marginal cut at Rs 1,422.20.

Wakefit shares ended marginally lower at Rs 190.65, after getting muted debut on the stock exchanges, following more than 2 times subscription to its issue between December 8-10 in the primary market.

After showing a sustainable up move in the last couple of sessions, Nifty shifted into a smart recovery from the lows amidst range movement on Monday and closed the day off the lows. After opening on a weak note, the market slipped further decline soon after the opening. A sustainable buying has emerged from the support of 25900 levels in the early part and the recovery continued in the mid to later part of the session with range bound action.

A reasonable green candle was formed on the daily chart below the crucial overhead resistance of down sloping trend line at 26000 levels. This market action indicates an attempt of breakout of crucial overhead resistance around 26000-26100 levels. This is positive indication.

The underlying trend of Nifty continues to be positive. The repeated testing of hurdle could eventually result in Nifty breaking decisively above the key resistance of 26000-26100 levels in the short term. A sustainable breakout of the resistance is expected to open the upside target of around 26300-26400 in the near term. Immediate support is placed at 25900.

Markets traded in a volatile manner on Monday and eventually ended almost unchanged, extending the ongoing consolidation phase. The session began on a cautious note, tracking continued weakness in the rupee and mixed global cues. However, a rebound in index heavyweights from key sectors helped pare most of the early losses, enabling the Nifty to close flat at 26,027.30. Sectoral performance remained mixed, keeping participants engaged, with FMCG and IT posting modest gains, while auto, pharma and financial services ended lower. The broader indices mirrored the benchmark trend and also settled flat after witnessing intraday volatility.

With most major domestic and global events behind us, rupee weakness and mixed global cues are currently dictating market direction. At the same time, rotational strength in heavyweight stocks across sectors is providing support and helping the index hold its ground amid the ongoing consolidation phase.

Looking ahead, indications point toward continued consolidation within the 25,800–26,200 range. Choppiness is likely to persist due to the weekly expiry and ongoing currency volatility. Sector focus for the next session should remain on banking and IT, given their market-leading weight and sensitivity to flows, while defensive and commodity-linked themes may offer tactical opportunities. Traders are advised to maintain disciplined risk management and avoid averaging into underperforming positions.

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