HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Markets continue to trade lower in late afternoon session
Dec-17-2025

Indian equity markets continued to trade below their neutral lines in late afternoon session. Investors took a cautious approach as mixed US jobs data added uncertainty about Federal Reserve's rate trajectory outlook. Besides, continuous selling by the foreign institutional investors (FIIs) has weighed on trading sentiments. The FIIs were the net sellers on Tuesday’s session, offloading equities worth Rs 2,381.92 crore. Meanwhile, market participants overlooked Minister of State for Commerce and Industry Jitin Prasada's statement that an Inter-Ministerial Committee has been constituted by the government, in which members are from various key trade-related departments such as the Department of Commerce, Department of Revenue, Department for Promotion of Industry and Internal Trade, Directorate General of Foreign Trade and Directorate General of Commercial Intelligence and Statistics.

On the global front, Asian equity markets were trading mixed as investors looked ahead to inflation data for fresh insights into the U.S. economic and rate outlook. European equity markets were trading higher with banks and commodity-stocks leading the surge ahead of central bank decisions from the European Central Bank, Sweden's Riksbank, Bank of England, and Norway's Norges Bank due this week.

The BSE Sensex is currently trading at 84490.40, down by 189.46 points or 0.22% after trading in a range of 84415.98 and 84889.45. There were 14 stocks advancing against 16 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.59%, while Small cap index was down by 0.83%.

The top gaining sectoral indices on the BSE were Oil & Gas up by 0.24%, Energy up by 0.22%, PSU up by 0.18%, TECK up by 0.16% and IT up by 0.08%, while Consumer Durables down by 0.98%, Capital Goods down by 0.87%, Realty down by 0.84%, Industrials down by 0.77%, Healthcare down by 0.57% were the top losing indices on BSE.

The top gainers on the Sensex were SBI up by 1.38%, Axis Bank up by 0.69%, Sun Pharmaceutical Industries up by 0.40%, Infosys up by 0.32% and Tata Motors Passenger Vehicles up by 0.32%. On the flip side, Trent down by 1.66%, HDFC Bank down by 1.10%, ICICI Bank down by 1.07%, Adani Ports & SEZ down by 0.97% and Titan Co down by 0.78% were the top losers.

Meanwhile, with an aim to track export and import trends and propose corrective measures wherever necessary, Minister of State for Commerce and Industry Jitin Prasada has said that an Inter-Ministerial Committee has been constituted by the government, in which members are from various key trade-related departments such as the Department of Commerce, Department of Revenue, Department for Promotion of Industry and Internal Trade, Directorate General of Foreign Trade and Directorate General of Commercial Intelligence and Statistics.

The minister said India's trade deficit with China increased by 10.1 per cent to $63.97 billion in April-October 2025 as compared to $58.09 billion in April-October 2024, mainly due to imports of raw materials, intermediate goods and capital goods, like auto components, electronic parts and assemblies, mobile phone parts, machinery and its parts, Active Pharmaceutical Ingredients,  which are used for making finished products which are also exported out of India. India's export to China has also grew by 24.7 per cent to $10.02 billion in April-October, 2025 as compared to $8.04 billion in April-October. 

He said India's trade deficit remains comfortably manageable when viewed against the country's substantial foreign exchange reserves. Moreover, he said India is currently the world's fastest-growing major economy and that growth pattern naturally affects its trade dynamics. India's rapid economic growth is pushing up import demand as faster growth increases the need for machinery, electronics, industrial inputs and energy. As a result, he said, strong domestic demand, investment-led expansion, and heavy energy dependence combine to make higher growth translate into higher imports, for sustaining manufacturing expansion and India's integration into global value chains.  

The CNX Nifty is currently trading at 25791.65, down by 68.45 points or 0.26% after trading in a range of 25779.55 and 25929.15. There were 22 stocks advancing against 28 stocks declining on the index.

The top gainers on Nifty were SBI up by 1.49%, Shriram Finance up by 1.38%, Eicher Motors up by 1.29%, Hindalco up by 1.20% and Axis Bank up by 0.61%. On the flip side, Max Healthcare Inst down by 3.59%, Apollo Hospitals Enterprise down by 1.60%, Trent down by 1.60%, HDFC Life Insurance down by 1.48% and SBI Life Insurance Company down by 1.41% were the top losers.

Asian equity markets were trading mixed; Nikkei 225 surged 178.71 points or 0.36% to 49,562.00, Hang Seng advanced 188.59 points or 0.74% to 25,424.00, KOSPI increased 57.28 points or 1.41% to 4,056.41 and Shanghai Composite strengthened 45.47 points or 1.17% to 3,870.28, while Taiwan Weighted lost 11.49 points or 0.04% to 27,525.17, Straits Times fell 5.19 points or 0.11% to 4,574.54 and Jakarta Composite plunged 3.36 points or 0.04% to 8,683.11.

European equity markets were trading higher; UK’s FTSE 100 increased 126.86 points or 1.29% to 9,811.65, France’s CAC rose 18.34 points or 0.23% to 8,124.50 and Germany’s DAX gained 145.73 points or 0.6% to 24,222.60.

  RELATED NEWS >>