Taking Stock: Nifty falls from record high, Sensex down 378 pts; metals shine

The BSE midcap index shed 0.4 percent and smallcap index fell 0.2 percent.

The Indian benchmarks indices snapped a two-day winning run with Nifty falling from its record high as investors remained worried ahead of US inflation data and global central banks meeting.

At close, the Sensex was down 377.50 points or 0.54 percent at 69,551.03, and the Nifty was down 90.70 points or 0.43 percent at 20,906.40.

Despite positive global cues, the market started the day marginally higher, with Nifty hitting a fresh high of 21,037.90 but witnessed consolidation in the first half. However, profit booking in the second half, dragged indices into red to finish near the day's low.

Stocks and sectors

The biggest losers were BPCL, Apollo Hospitals, Maruti Suzuki, Sun Pharma and Eicher Motors, while gainers included HDFC Life, UltraTech Cement, Bajaj Auto, SBI Life Insurance and Axis Bank.

Except for Metal, all other sectoral indices ended in the red with capital goods, oil & gas, power and realty down 1 percent each.

The BSE midcap index shed 0.4 percent and smallcap index fell 0.2 percent.

A long build-up was seen in HDFC Life Insurance Company, Jindal Steel & Power and Can Fin Homes, while a short build-up was seen in PI Industries, Cummins India and Piramal Enterprises.

Index	Prices	Change	Change%
Sensex	83,067.11	373.40	+0.45%
Nifty 50	25,431.95	101.70	+0.40%
Nifty Bank	55,743.15	249.85	+0.45%

Nifty 50 25,431.95 101.70 (0.40%)

Thu, Sep 18, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
HDFC Life	786.45	18.40	+2.40%

Biggest Loser	Prices	Change	Change%
Coal India	393.15	-6.60	-1.65%

Best Sector	Prices	Change	Change%
Nifty Pharma	22566.50	325.15	+1.46%

Worst Sector	Prices	Change	Change%
Nifty Energy	35451.50	-116.55	-0.33%

Among individual stocks, a volume spike of more than 500 percent was seen in Zee Entertainment Enterprises, HDFC Life Insurance Company and PI Industries.

Nearly 400 stocks touched their 52-week high on the BSE, including Alembic, BLS International, Century Plyboard, Equitas Bank, HDFC Life, Heidelberg Cement, HUDCO, Infibeam Avenue, Inox Green, Jindal Steel, J&K Bank, KPI Green, Mishtann Foods, Rashtriya Chemicals, Sonata Software, Tata Elxsi. Click here for the full list

Outlook for December 13

Rupak De, Senior Technical Analyst at LKP Securities:

The Nifty has formed a bearish engulfing pattern on the daily chart, suggesting a possibility of a bearish reversal. On the higher end call writers have built a heavy position at 21000. On the lower end, put writers are heavily present at 20,800 and 20,900. Therefore, the Nifty is likely to remain mostly sideways to negative as long as it remains below 21000. Only a decisive move above 21,000 might induce a resumption of the uptrend. Support is placed at 20,800, below which the index may consolidate further.

Aditya Gaggar Director of Progressive Shares:

Finally, bears had something to cheer for. After registering a fresh high of 21,037.90, a reversal was seen in the markets and the Index kept compounding its losses throughout the day to settle at 20,906.40 with a loss of 90.70 points. Among the sectors, Media was the top performer followed by Metal; and, on the flip, Realty and Energy were the major laggards.

For the past couple of days, the Index has been trading with a negative divergence, and today, the Index breached its strong support level and made a bearish engulfing pattern at the record levels which suggests a short-term top has been made and a minor correction (profit-taking) can be anticipated. The immediate hurdle stands at 21,020 while the downside is protected at 20,760.

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