On Monday, December 1, Indian equity benchmark indices closed with modest losses after worries over foreign outflows offset optimism on better-than-expected economic growth data.
At the close, the Nifty 50 ended down by 27.20 points or 0.1% at 26,175.75, while the Sensex declined by 64.77 points or 0.08% to close at 85,641.90. Both benchmark indices extended losses for the second consecutive day after hitting record highs in early trade. India's volatility index, India VIX, remained steady.
On the sectoral front, 4 out of 11 key indices ended in positive territory. The Bank Nifty touched the 60,000 level for the first time on Monday, hitting a fresh peak of 60,114.05 before slipping into negative territory.
Broader markets showed mixed performance, with the Nifty Midcap 100 ended unchanged and Nifty Smallcap 100 logged modest gains.
Indian rupee slips to lifetime low of 89.53 on concerns over foreign outflows and lack of India-US trade deal. Foreign investors turned sellers of Indian equities in November, their fourth month of selling in five months. While growth accelerated in the September quarter, the manufacturing sector lost momentum in November, with industrial activity slowing to a nine-month low.
India’s yearly GST collections for November 2025 rose 8.9% YoY to ₹14,75,488 crore, while monthly receipts edged up 0.7% to ₹1,70,276 crore, according to official data. Domestic GST revenue, however, dipped 2.3% MoM to ₹1,24,300 lakh crore, even as taxes from imports increased 10.2% to ₹45,976 crore. Overall net GST revenue came in at ₹1,52,079 crore, up 1.3% MoM and ₹12,79,434 crore, up 7.3% YoY, with refunds falling 3.5% YoY to ₹18,196 crore.
The Nifty Auto index climbed 0.79% to a new peak of 28,075.65, with 12 of its 15 stocks trading higher. TVS Motor led the gains, rising 3.69% after reporting a sharp 30% jump in November sales, boosted by almost 60% growth in exports. Maruti Suzuki, the country’s largest carmaker, advanced 1.24% following a 21% increase in monthly sales, supported by sustained demand helped by tax cuts.
Tata Motors’ passenger vehicle sales surged 25.6%, and Hyundai posted about a 9% increase, marking its second monthly rise this year after September, pushing both stocks up nearly 2%. So far this year, the auto index has gained 22%, outperforming the Nifty 50’s 10% uptick.
Among individual stocks,
The Nifty Auto Index was the top gainer on Monday, ending higher by 0.79% hitting a fresh new record high. On the flip side, Nifty Realty declined by 1.02% and emerged as the top loser, extending losses for the 3rd consecutive session.
The key drivers of the index gains were:
On the other hand, these stocks dragged the index:
The broader market indices showed mixed performance on Monday. The Nifty Midcap 100 index ended flat, while the Nifty Smallcap 100 ended up by 0.25%. As a result, the broader markets relatively outperformed the frontline indices.
As of December 1, 2025, market breadth was slightly tilted towards declining stocks. Out of 3,222 stocks traded on the NSE, 1,384 advanced, 1,728 declined, and 110 remained unchanged.
A total of 90 stocks touched their 52-week highs, while 149 hit their 52-week lows. Additionally, 87 stocks were locked in their upper circuits, whereas 76 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
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