On Wednesday, December 10, Indian equity benchmark indices closed lower, as profit-taking continues ahead of the US Federal Reserve's rate decision. Both benchmarks are now down about 1.6% in the last three sessions before the much-awaited US Fed meeting outcome.
At the close, the Nifty 50 ended down by 81.65 points or 0.32% at 25,758, while the Sensex declined by 275.01 points or 0.32% to close at 84,391.27. Both benchmark indices extended losses for the 3rd consecutive day. India's volatility index, India VIX, remained steady today.
The US Fed is widely expected to cut rates at its ongoing meeting, but investors expect policymakers to remain divided.
Among individual stocks,
On the sectoral front, 3 out of 11 key sectoral indices ended in positive territory. Nifty IT Index lost 0.89% emerging as the top losing sector. Nifty PSU Bank and Nifty Financial Services indices lost 0.7% and 0.53% respectively. On the other hand, Nifty Media gained 0.48%, emerging as the top-gaining sector on Wednesday. Following this, Nifty Metal and Pharma ended in positive territory.
The broader market indices underperformed the frontline indices, as the sell-off observed was severe. On Wednesday, the Nifty Midcap 100 index ended lower by 1.12%, while the Nifty Smallcap 100 declined by 0.90%
The key drivers of the index gains were:
On the other hand, these stocks dragged the index:
As of December 10, 2025, market breadth was in favour of declining stocks. Out of 3,201 stocks traded on the NSE, 1,353 advanced, 1,753 declined, and 95 remained unchanged.
A total of 29 stocks touched their 52-week highs,
Disclaimer: The article is for informational purposes only and not investment advice.