Key indices extend losses in morning deals

Indian equity benchmarks extended losses in morning deals as heightened geopolitical tensions, weak global markets and persistent foreign fund outflows rattled investors' sentiments. Foreign institutional investors offloaded equities worth Rs 2,938.33 crore on Tuesday, according to exchange data. Meanwhile, the Ministry of Commerce & Industry in its latest data has showed that the output of eight key infrastructure sectors registered a four-month high growth rate of 3.7 per cent in December 2025, though growth pace was slower as compared to 5.1 per cent in the same month in 2024, amid a dip in production of crude oil, natural gas, and refinery products. On the global front, Asian markets were trading mostly in red driven by mounting anxieties regarding the Federal Reserve's institutional autonomy and intensified tensions between the U.S. and European allies over Greenland. 

The BSE Sensex is currently trading at 81697.96, down by 482.51 points or 0.59% after trading in a range of 81671.92 and 82282.25. There were 11 stocks advancing against 19 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index fell 1.09%, while Small cap index was down by 0.95%.

The lone gaining sectoral index on the BSE was Metal up by 0.02%, while Consumer Durables down by 1.18%, Industrials down by 1.06%, IT down by 1.04%, Capital Goods down by 0.97% and TECK down by 0.79% were the top losing indices on BSE.

The top gainers on the Sensex were Eternal up by 1.06%, Sun Pharma up by 0.86%, Power Grid Corporation up by 0.85%, Interglobe Aviation up by 0.77% and Ultratech Cement up by 0.69%. On the flip side, Trent down by 2.14%, ICICI Bank down by 1.84%, Bharat Electronics down by 1.39%, Larsen & Toubro down by 1.27% and Reliance Industries down by 0.81% were the top losers.

Meanwhile, the Ministry of Commerce & Industry in its latest data has showed that the output of eight key infrastructure sectors grew at a slower pace of 3.7 per cent in December 2025 as compared to 5.1 per cent in the same month last year, amid a dip in production of crude oil, natural gas, and refinery products. However, the performance of these eight core industries improved month-on-month. It was 2.1 per cent in November 2025. During the April-December period of this fiscal, the performance of these sectors, grew by 2.6 per cent against 4.5 per cent recorded in the same period last fiscal.

Steel production having 17.92 per cent weight increased by 6.9 per cent in December, 2025 over December, 2024 and its cumulative index increased by 9.5 per cent during April to December, 2025-26 over corresponding period of the previous year. Cement production having 5.37 per cent weight increased by 13.5 per cent in December, 2025 over December, 2024 and its cumulative index increased by 8.8 per cent during April to December, 2025-26 over corresponding period of the previous year.

Fertilizer production having 2.63 per cent weight increased by 4.1 per cent in December, 2025 over December, 2024 and its cumulative index increased by 1.7 per cent during April to December, 2025-26 over corresponding period of the previous year. Electricity generation having 19.85 per cent weight increased by 5.3 per cent in December, 2025 over December, 2024 and its cumulative index increased by 0.3 per cent during April to December, 2025-26 over corresponding period of the previous year. Coal production having 10.33 per cent weight increased by 3.6 per cent in December, 2025 over December, 2024, while its cumulative index declined by 0.7 per cent during April to December, 2025-26 over corresponding period of the previous year. 

Petroleum Refinery production having 28.04 per cent weight declined by 1.0 per cent in December, 2025 over December, 2024, while its cumulative index increased by 0.1 per cent during April to December, 2025-26 over corresponding period of the previous year. Natural Gas production having 6.88 per cent weight declined by 4.4 per cent in December, 2025 over December, 2024 and its cumulative index declined by 3.2 per cent during April to December, 2025-26 over corresponding period of the previous year. Crude Oil production having 8.98 per cent weight declined by 5.6 per cent in December, 2025 over December, 2024 and its cumulative index declined by 1.9 per cent during April to December, 2025-26 over corresponding period of the previous year.

The CNX Nifty is currently trading at 25105.85, down by 126.65 points or 0.50% after trading in a range of 25105.25 and 25277.75. There were 19 stocks advancing against 31 stocks declining on the index.

The top gainers on Nifty were Tata Motors Passenger up by 1.23%, Eternal up by 1.22%, Power Grid Corp up by 0.96%, Interglobe Aviation up by 0.80% and Sun Pharma Inds. up by 0.74%. On the flip side, Trent down by 2.22%, Eicher Motors down by 1.90%, ICICI Bank down by 1.90%, Bharat Electronics down by 1.48% and Larsen & Toubro down by 1.38% were the top losers.

Asian markets were trading mostly in red; Nikkei 225 slipped 313.1 points or 0.59% to 52,678.00, Taiwan Weighted lost 455.98 points or 1.44% to 31,304.01, Jakarta Composite plunged 113.2 points or 1.24% to 9,021.50, KOSPI dropped 8.71 points or 0.18% to 4,877.04, Hang Seng declined 24.51 points or 0.09% to 26,463.00 and Straits Times fell 15.47 points or 0.32% to 4,812.53.

On the flip side, Shanghai Composite strengthened 6.45 points or 0.16% to 4,120.10.