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    Stock Markets Decline for Second Consecutive Day on Profit Booking

    5 months ago

    Indian equity markets fell for the second straight session on Tuesday, December 9, 2025, as investors booked profits ahead of the U.S. Federal Reserve’s policy meeting and foreign fund outflows continued.

    The Sensex slipped 436.41 points (0.51%) to close at 84,666.28, marking its lowest level in nearly two weeks. During intraday trade, the index dropped 719.73 points to touch 84,382.96, led by declines in major private banks, oil companies and IT stocks.

    The Nifty 50 index declined 120.90 points (0.47%), settling at 25,839.65. It had earlier touched an intraday low of 25,728, down 232.55 points.

    Foreign portfolio investors continued to exit Indian markets, contributing to the downward momentum. According to exchange data, FIIs sold shares worth ₹655.59 crore on Monday, while domestic institutional investors purchased equities worth ₹2,542.49 crore.

    Among Sensex stocks, Asian Paints, Tech Mahindra, HCL Technologies, Tata Steel, Maruti Suzuki, Sun Pharma, TCS, ICICI Bank, Bajaj Finance, UltraTech Cement, Mahindra & Mahindra, and Tata Motors Passenger Vehicles were the major losers. Eternal, Titan, Adani Ports, BEL, SBI, Bajaj Finserv, NTPC, and Bharti Airtel registered gains.

    Asian markets were mixed, with indices in Hong Kong, Shanghai, and South Korea closing lower, while Japan’s Nikkei 225 finished in positive territory. European markets traded higher, and U.S. indices ended Monday’s session with losses.

    The Federal Reserve’s two-day meeting began Tuesday, with markets awaiting the Federal Open Market Committee’s decision on interest rates. Global sentiment was also affected by rising Japanese bond yields and expectations of a monetary tightening move by the Bank of Japan.

    In commodities, Brent crude fell 0.27% to $62.33 per barrel.

     

    On Monday, the Sensex had declined 609.68 points to close at 85,102.69, while the Nifty fell 225.90 points to settle at 25,960.55.

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