The Nifty slipped below 26,000 and closed under its 20-day moving average, marking its weakest close in nine days. Selling pressure intensified across the broader markets, with the Midcap index recording its sharpest fall in four months and dropping more than 1,200 points in just five sessions. Over 90 percent of midcap and smallcap stocks ended in the red, leading to a broader market wipeout that erased nearly ₹7.5 lakh crore in investor wealth. With sentiment on edge, the US Federal Reserve’s upcoming policy decision now becomes the next key trigger for the markets. This morning, global cues were mixed. Asian markets started on a mixed note this morning while Wall Street ended lower overnight. Catch Lovisha Darad in conversation with Hemen Kapadia, Technical Associate, DRChoksey Finserv and Rakesh Vyas, CIO and Portfolio Manager, Quest Investment Managers.
first published: Dec 9, 2025 08:59 am
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