Markets enter in red late trade

Indian equity markets have again entered into the negative terrain in late afternoon deals with heavy weights like HDFC Bank, ICICI Bank and TCS leading the losses. Besides, investors remained cautious amid continued fund outflows from foreign institutional investors (FIIs). The FIIs were net sellers of equities worth Rs 1,499.81 crore on Tuesday’s session. Meanwhile, traders awaited a possible U.S. Supreme Court ruling on President Donald Trump's emergency tariffs. 

On the global front, Asian equity markets were trading mostly in green amid rising expectation of rate cut by US Federal Reserve.  European equity markets were trading higher ahead of an upcoming meeting between U.S., Greenlandic and Danish officials to discuss the Arctic island's future.

The BSE Sensex is currently trading at 83275.09, down by 352.60 points or 0.42% after trading in a range of 83185.20 and 83809.98. There were 8 stocks advancing against 22 stocks declining on the index.

The broader indices were trading mixed; the BSE Mid cap index declined 0.07%, while Small cap index was up by 0.19%.

The top gaining sectoral indices on the BSE were Metal up by 2.35%, Basic Materials up by 1.42%, PSU up by 0.97%, Telecom up by 0.71% and Utilities up by 0.71%, while Realty down by 1.40%, IT down by 1.34%, Consumer Durables down by 1.08%, Auto down by 0.82% and TECK down by 0.81% were the top losing indices on BSE.

The top gainers on the Sensex were Tata Steel up by 3.42%, NTPC up by 3.32%, Axis Bank up by 2.67%, Ultratech Cement up by 1.87% and Bharat Electronics up by 1.13%. On the flip side, TCS down by 2.59%, Asian Paints down by 2.58%, Sun Pharmaceutical Industries down by 2.03%, Hindustan Unilever down by 2.00% and Maruti Suzuki down by 1.87% were the top losers.

Meanwhile, Reversing the deflationary trend, India's wholesale price index (WPI) inflation turned positive in the month of December 2025. The inflation stood at 0.83% in December, compared with a contraction of 0.32% in the previous month. The component wise, primary articles index, having weight of 22.62%, increased 1.09% from 192.1 (provisional) for the month of November 2025 to 194.2 (provisional) in December 2025, due to rise in the prices of non-food articles, minerals and food articles. However, the prices of crude petroleum & natural gas decreased in December 2025 as compared to November 2025.

Fuel & Power index, having weight of 13.15%, increased by 1.23% from 146.5 (provisional) for the month of November 2025 to 148.3 (provisional) in December 2025, as the prices of electricity, coal and mineral oils increased in December 2025 as compared to November 2025. Besides, Manufactured Products constituting the major portion of the index with weight of 64.23%, increased by 0.41% from 145.0 (provisional) for the month of November 2025 to 145.6 (provisional) in December 2025.

WPI Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Product' from Manufactured Products group have increased from 195.0 in November 2025 to 196.0 in December 2025. The rate of inflation (Y-o-Y) based on WPI Food Index increased from (-) 2.60% in November, 2025 to 0.00% in December, 2025. Further, final Index for the month of October, 2025 (Base Year: 2011-12=100): For the month of October, 2025, the final Wholesale Price Index and inflation rate for 'All Commodities' (Base: 2011- 12=100) stood at 155.1 and (-) 1.02% respectively.

The CNX Nifty is currently trading at 25636.40, down by 95.90 points or 0.37% after trading in a range of 25603.95 and 25791.75. There were 17 stocks advancing against 33 stocks declining on the index.

The top gainers on Nifty were Tata Steel up by 3.39%, NTPC up by 3.36%, Axis Bank up by 2.83%, ONGC up by 2.02% and Ultratech Cement up by 1.92%. On the flip side, TCS down by 2.54%, Asian Paints down by 2.51%, Maruti Suzuki down by 1.89%, Sun Pharmaceutical Industries down by 1.86% and Hindustan Unilever down by 1.85% were the top losers.

Asian equity markets were trading mostly in green; Nikkei 225 surged 728.84 points or 1.34% to 54,278.00, Taiwan Weighted added 234.56 points or 0.76% to 30,941.78, Hang Seng advanced 118.53 points or 0.44% to 26,967.00, KOSPI increased 30.46 points or 0.64% to 4,723.10 and Jakarta Composite gained 71.71 points or 0.8% to 9,020.01, while Straits Times fell 9.01 points or 0.19% to 4,798.12 and Shanghai Composite weakened 12.67 points or 0.31% to 4,126.09.

European equity markets were trading higher; UK’s FTSE 100 increased 24.85 points or 0.25% to 10,162.20, France’s CAC rose 38.6 points or 0.46% to 8,385.80 and Germany’s DAX gained 49.34 points or 0.19% to 25,470.00.