Indian equity benchmark -- Nifty -- extended previous session’s losses and ended lower on Tuesday. Index made a gap-down start following negative cues from other Asian markets. Soon, market intensified its losses and continued its trade in red terrain. Weaking Indian currency against US dollar and persistent FII fund outflow dampened investors' sentiments. As per exchange data, foreign institutional investors (FII) offloaded equity worth Rs 1,468.32 crore on Monday. Further, uncertainty over US-India trade deal raised concerns among investors. In afternoon session, market continued its trade in southward direction and maintained it till the end of the session. Sentiments were also weak as the HSBC Flash India Composite Output Index, in its report, which measures the combined performance of India’s manufacturing and services sectors, fell to 58.9 in December 2025 from 59.7 in November. Finally, Nifty ended below 25,900 mark.
Most of the sectorial indices ended in red except Media and Consumer Durables stocks. The top gainers from the F&O segment were Vedanta, Supreme Industries and Astral. On the other hand, the top losers were PB Fintech, Axis Bank and Eternal. In the index option segment, maximum OI continues to be seen in the 25900 - 26100 calls and 25900 - 26100 puts indicating this is the trading range expectation.
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