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Markets extend losses in late trade
Dec-26-2025

Indian equity markets extended losses in late trade as persistent selling by foreign institutional investors (FIIs) sparked caution among market participants. The FIIs the net sellers on Wednesday’s session, offloading equities worth Rs 1,721.26 crore. Besides, investors awaited for release of India’s manufacturing and industrial production data and clues of much awaited India-US bilateral trade deal. Meanwhile, traders overlooked report released by Global Trade Research Initiative saying India's goods and services exports are expected to rise by 3% to $850 billion in current financial year (FY26). In FY25, the overall exports touched $825 billion ($438 billion in merchandise and $387 billion in services).

On the global front, Asian equity markets are trading mostly in green tracking positive cues from Wall Street on Wednesday.

The BSE Sensex is currently trading at 84969.52, down by 439.18 points or 0.51% after trading in a range of 84954.90 and 85378.51. There were 5 stocks advancing against 25 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.17%, while Small cap index was down by 0.22%.

The few gaining sectoral indices on the BSE were PSU up by 0.39%, Metal up by 0.36%, Basic Materials up by 0.34% and FMCG up by 0.09%, while TECK down by 0.99%, IT down by 0.96%, Auto down by 0.67%, Telecom down by 0.57% and Capital Goods down by 0.45% were the top losing indices on BSE.

The top gainers on the Sensex were Titan Company up by 2.09%, NTPC up by 0.53%, Ultratech Cement up by 0.36%, Hindustan Unilever up by 0.22% and Reliance Industries up by 0.03%. On the flip side, Bajaj Finance down by 1.47%, Asian Paints down by 1.42%, Bajaj Finserv down by 1.33%, Tech Mahindra down by 1.30% and TCS down by 1.24% were the top losers.

Meanwhile, the Quality Council of India (QCI) has unveiled a comprehensive set of next-generation quality reforms, designed to strengthen India’s quality ecosystem and advancing the national vision of Viksit Bharat 2047. The reforms, unveiled on the eve of Sushasan Divas 2025, drawing from operational experience and evolving stakeholder needs across sectors including healthcare, laboratories, MSMEs and manufacturing. System-wide reforms to power the quality ecosystem include the unveiling of the Q Mark - Desh ka Haq, a QR-coded Mark of Quality to enable citizens to know their laboratory, hospital and MSME, ensuring full disclosure and eliminating fake certificates.

The reforms mark a shift from inspection to trust through reduced paperwork, shorter timelines, fewer inspections and a low-friction ecosystem based on higher trust. The assessor pool will be expanded across boards and divisions by lowering entry barriers to bring in young experts and strengthen last-mile reach. As part of digital transformation, QCI is also launching Quality Setu, a secure ticket-based system for time-bound grievance redressal and feedback resolution. A single, paperless, modular one-stop accreditation platform will be launched to replace multiple accreditation portals.

For industry and MSMEs, the reforms focus on empowering India’s economic backbone of over six crore MSMEs. Under the QCI–Industry partnership, QCI will mentor and support Tier-2 and Tier-3 suppliers to achieve ZED and Lean certification, making Indian products ready for global standards. One lakh MSMEs and Self-Help Groups under the ODOP initiative will be trained in quality, packaging and branding in 2026. A Shop Floor Best Practices Playbook for MSMEs will be introduced to familiarise small businesses with global quality practices and strengthen day-to-day shop floor performance. Fees for ZED and Lean certification will be reduced to ensure affordability, access, quality and recognition for last-mile entrepreneurs.

Under NABL reforms for industry and laboratories, QCI aims to position India as the testing capital of the world. A model scope for medical testing laboratories will be introduced to ensure uniformity in accredited scopes. Technical skilling initiatives will train 5,000 laboratory personnel in 2026 to strengthen the national testing ecosystem. Self-declaration for authorised signatories will enable approval of proposed signatories for NABL assessors within 48 hours. Laboratories will be allowed 48-hour scope extensions for similar products, methods, tests or analytes under existing scopes, removing long waiting periods. Additional fees for product-based accreditation will be eliminated where test parameters are already covered. 

Under NABCB reforms for certification bodies, measures will be taken to ensure that local products reach global markets. Accredited certification for indigenously manufactured products will be introduced to enable seamless acceptance of Indian products across global supply chains. A Quality Passport for Indian products and services will be launched through globally aligned NABCB-accredited certifications for faster market access. Fast-track accreditation of certification bodies will be undertaken for new-age technology areas such as drones and cybersecurity.

The CNX Nifty is currently trading at 26017.90, down by 124.20 points or 0.48% after trading in a range of 26014.15 and 26144.20. There were 13 stocks advancing against 37 stocks declining on the index.

The top gainers on Nifty were Titan Company up by 2.04%, Nestle up by 1.15%, Cipla up by 0.74%, Hindalco up by 0.70% and NTPC up by 0.50%. On the flip side, Shriram Finance down by 1.47%, Asian Paints down by 1.37%, Tech Mahindra down by 1.34%, Bajaj Finserv down by 1.31% and HDFC Life Insurance down by 1.20% were the top losers.

Asian equity markets are trading mostly in green; Nikkei 225 surged 278.21 points or 0.55% to 50,686.00, Taiwan Weighted added 184.04 points or 0.64% to 28,556.02, KOSPI increased 21.06 points or 0.51% to 4,129.68 and Shanghai Composite strengthened 4.06 points or 0.1% to 3,963.68, while Straits Times fell 5.07 points or 0.11% to 4,631.27. 

Meanwhile, European equity markets remained close on account of Boxing Day.
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