Market Wrap: Nifty and Sensex Close in Red Amid Mixed Signals
Indian stock markets ended slightly negative on December 17, with Nifty 50 down 0.16% at 25,860.10 and Sensex dropping 0.14% to 84,679.86. Market breadth was bearish, with 2,923 stocks declining out of 4,554 traded. Steel Exchange India saw significant share encumbrance transactions, while IndiGo received mixed analyst ratings. The overall sentiment remained cautious with more stocks in the red than green.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets closed on a slightly negative note on December 17, 2025, with both benchmark indices showing marginal declines. The Nifty 50 ended the day at 25,860.10, down 41.55 points or 0.16%, while the BSE Sensex closed at 84,679.86, shedding 120.21 points or 0.14%.
Market Breadth
The overall market breadth was negative, indicating a bearish sentiment among investors. Here's a breakdown of the trading activity:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,554 |
| Positive | 1,631 |
| Negative | 2,923 |
Buzzing Stocks
Steel Exchange India Ltd
- Vizag Profiles Private Limited disclosed share encumbrance transactions involving Steel Exchange India shares worth ₹171.60 crores.
- Catalyst Trusteeship Limited received a pledge of 18.61 crore equity shares (14.93% of total share capital) of Steel Exchange India Ltd as debenture trustee for Vizag Profiles Private Limited.
IndiGo (InterGlobe Aviation Ltd)
- Investec maintained a 'Sell' recommendation with a price target of ₹4,050.
- Goldman Sachs kept its 'Buy' rating but reduced the target price from ₹5,700 to ₹5,600.
Conclusion
The market closed on a slightly bearish note, with more stocks declining than advancing. Key stocks like Steel Exchange India and IndiGo saw significant corporate actions and analyst recommendations, respectively, which could influence their future performance.
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