Despite a positive start, the country's stock market tumbled on the last Monday of the current year. Within an hour of market opening, the graphs of both benchmark indices turned red. As the day progressed, the extent of the decline increased. As a result, Nifty50 fell below 26,000. Sensex dropped below 85,000.
On Monday, the Sensex fell by 346 points or 0.40 per cent. As a result, the Bombay Stock Exchange's main index stood at 84,695 points. On this day, Nifty50 declined by 100 points or 0.38 per cent. Consequently, the National Stock Exchange's main index remained at 25,942 points. Additionally, mid-cap and small-cap indices also lost points. The Bombay Stock Exchange's mid-cap and small-cap indices fell by 0.45 per cent and 0.50 per cent, respectively. Furthermore, almost all sectoral indices on Nifty declined on Monday. The exceptions were Nifty Media and Nifty FMCG.
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Among the stocks listed on the Nifty50 index, Tata Steel and Tata Consumer saw the highest gains. Besides these, Asian Paints, Grasim, and Nestle India's share prices also registered significant increases. Share prices of 33 stocks in this benchmark index declined on Monday. Among these, Adani Ports, HCL Tech, Power Grid, Trent, and Adani Enterprises saw the steepest point losses.
Market analysts believe that the country's stock market remains sluggish at year-end due to a lack of fresh stimulus. This has led to the decline in Sensex and Nifty50. Regarding this, Vinod Nair, Research Head at Geojit Investment Limited, said, "The market is now in a holiday mood. Most investors are on vacation. Additionally, there is a lack of catalysts to boost market sentiment." However, this expert hopes that the situation will change in 2026.
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