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Post Session: Quick Review
Dec-29-2025

Indian markets ended Monday’s trading session near day’s low levels as traders remained cautious amid monthly F&O expiry due on tomorrow. After making cautious start, markets entered into red territory amid foreign fund outflows. Further, markets remained lower till the end of the session ahead of release of India’s Index of Industrial Production (IIP) data for the month of November, to be out later in the day. 

Some of the important factors in trade:

Foreign fund outflows: Foreign institutional investors offloaded equities worth Rs 317.56 crore on Friday, according to exchange data.

FDI in India likely to cross $80 billion mark again in 2026: Traders failed to take any sense of relief with the Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Amardeep Singh Bhatia expressing hopes that in year 2026, foreign direct investments (FDI) in India likely to cross the last year's all-time high of $80.62 billion.

India-Australia ECTA spurs export growth, enhances supply chains:  Traders overlooked Union Minister of Commerce and Industry Piyush Goyal’s statement that the India-Australia Economic Cooperation and Trade Agreement (ECTA) has delivered sustained export growth, deeper market access, and stronger supply-chain resilience, benefiting Indian exporters, MSMEs, farmers, and workers alike.

Global front: European markets were trading mostly in green as traders return from the Christmas break. Asian markets ended mostly in green ahead of Federal Open Market Committee (FOMC) meetings due on December 31.

The BSE Sensex ended at 84,695.54, down by 345.91 points or 0.41% after trading in a range of 84,637.86 and 85,250.00. There were 9 stocks advancing against 21 stocks declining on the index. (Provisional)

The broader indices ended in red; the BSE Mid cap index declined 0.45%, while Small cap index was down by 0.58%. (Provisional)

The few gaining sectoral indices on the BSE were Oil & Gas up by 0.29%, Telecom up by 0.10% and FMCG was up by 0.01%, while Utilities down by 0.91%, Power down by 0.86%, IT down by 0.80%, Realty down by 0.76% and TECK was down by 0.76% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Tata Steel up by 1.71%, Asian Paints up by 1.00%, Hindustan Unilever up by 0.54%, Eternal up by 0.50% and NTPC up by 0.45%. On the flip side, Adani Ports down by 2.24%, HCL Tech down by 1.83%, Power Grid down by 1.81%, Trent down by 1.35% and Bharat Electronics down by 1.26% were the top losers. (Provisional)

Meanwhile, credit rating agency ICRA in its latest report has projected that wholesale volume of tractors to rise 15-17 per cent in the current financial year 2025-26 (FY26), sharply higher from its previous estimate of 8-10 per cent, on the back of supportive factors, including GST rate cut, which enhanced affordability for farmers. The revised forecast highlights a period of strong recovery and expansion for the tractor sector, driven by concrete policy support, favourable agricultural outcomes, and specific market dynamics related to regulatory changes. 

According to the report, the upward revision is based on the industry's robust performance in recent months. Tractor wholesale volumes reported a strong growth of 30.1% year-on-year (YoY) in November 2025 and a cumulative growth of 19.2 per cent for the first eight months of FY26. It said one of the key drivers behind the improved outlook is the reduction of GST on tractors to 5 per cent, a policy change that has directly enhanced affordability for farmers. It noted that this reduction has translated into decrease in tractor prices, with savings of Rs 40,000 to Rs 1 lakh across different horsepower segments, making new tractors more accessible.

Moreover, the report said the overall adequate rainfall has supported crop sowing and yield expectations, contributing to healthier farm cash flows and positive rural sentiment. Another significant factor expected to influence sales in the coming quarters is the impending transition to the stricter tractor emission norms from April 1, 2026. With the new norms, ICRA anticipates a phase of pre-buying activity as customers and dealers look to acquire tractors under the current, familiar emission standards.  

The CNX Nifty ended at 25,942.10, down by 100.20 points or 0.38% after trading in a range of 25,920.30 and 26,106.80. There were 14 stocks advancing against 36 stocks declining on the index. (Provisional)

The top gainers on Nifty were Tata Steel up by 1.88%, Tata Consumer up by 1.59%, Asian Paints up by 1.05%, Grasim Industries up by 1.00% and Nestle up by 0.58%. On the flip side, Adani Ports &Special down by 2.27%, Power Grid down by 1.83%, HCL Tech down by 1.81%, Trent down by 1.38% and Bharat Electronics down by 1.31% were the top losers. (Provisional)

European markets were trading mostly in green; UK’s FTSE 100 increased 6.62 points or 0.07% to 9,877.30 and Germany’s DAX was up by 11.14 points or 0.05% to 24,351.20. On the flip side, France’s CAC was down by 7.98 points or 0.1% to 8,095.60.

Asian markets settled mostly higher on Monday with Taiwan shares gaining even after China’s military said it was conducting the drills around the self-governed island that China claims as its territory. Kospi shares lifted by strong gains in big-cap semiconductor shares in a year-end rally, while the South Korean won also strengthened to its highest level in nearly two months against the dollar. Meanwhile, traders were now awaiting meeting minutes of US Federal Reserve's FOMC, due on Tuesday, which will provide cues on the monetary policy outlook. However, Hong Kong shares closed down, giving up an earlier gain of as much as 1% spurred by expectations about policies from China to shore up growth and a so-called Santa Claus rally in global equities. 

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,965.28

1.60

0.04

Hang Seng

25,635.23

-183.70

-0.71

Jakarta Composite

8,644.26

106.35

1.23

KLSE Composite

1,680.99

3.89

0.23

Nikkei 225

50,526.92

-223.47

-0.44

Straits Times

4,633.64

-2.51

-0.05

KOSPI Composite

4,220.56

90.88

2.20

Taiwan Weighted

28,810.89

254.87

0.89
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