Post Market Update Today Dec 23: Nifty, Sensex End Flat as HDFC Bank and ITC Lend Support; Nifty IT Emerges Top Loser

Trading activity stayed subdued, as lower volumes, typical of the year-end holiday period, continued to keep market movements muted.

Indian equity benchmark indices began the session on a stronger note but failed to sustain gains as the day progressed. The Sensex snapped its two-day winning streak, while the Nifty 50 managed to extend its gains for a third consecutive session. 

The Nifty 50 closed marginally higher by 4.75 points, or 0.02%, at 26,177.15, while the Sensex slipped 42.63 points, or 0.05%, to settle at 85,524.84.

The Nifty IT index declined 0.8% on Tuesday, giving up part of the gains recorded over the previous four sessions. The index had risen more than 4% recently, supported by a weaker rupee and growing expectations of further interest rate cuts in the United States in 2026. 

Stock-Specific Highlights

Among individual stocks,

• Adani group-owned Ambuja Cements share price gains 1.29% after the board approves the amalgamation to merge ACC and Orient Cement into Ambuja
• Crane rental company Sanghvi Movers and waste management firm Antony Waste jumped 5.29% and 8.05%, respectively, on multi-billion-rupee order wins.

Nifty Media - Top Gainer

On the sectoral front, 6 out of all 11 sectoral indices closed in positive territory. Nifty Media index emerged as the top-gaining sector with gains of 0.8%. The index extended gains for the 3rd consecutive session. Additionally, the Nifty Metal and Nifty Energy indices advanced 0.54%. On the other hand, the Nifty IT index fell sharply by 0.8%, snapping 4 day gains. 

Broader Markets End Positive

On Tuesday, the broader market indices outperformed the frontline gauge. The Nifty Midcap 100 index remained unchanged, while the Nifty Smallcap 100 gained 0.37%. 

Nifty 50: Top Pullers and Draggers of the Day

The key drivers of the index gains were:

• HDFC Bank: +31.16 points
• ITC Limited: +13.00 points
• Coal India Limited: +7.17 points

On the other hand, these stocks dragged the index:

• Infosys Limited: -19.76 points
• Bharti Airtel Limited: -14.71 points
• ICICI Bank Limited: -9.55 points

Market Breadth

As of December 23, 2025, market breadth was in favour of advancing stocks. Out of 3,284 stocks traded on the NSE, 1,835 advanced, 1,321 declined, and 108 remained unchanged. 

A total of 92 stocks touched their 52-week highs, while 51 hit their 52-week lows. Additionally, 84 stocks were locked in their upper circuits, whereas 46 stocks were in lower circuits. 

Disclaimer: The article is for informational purposes only and not investment advice.