On Wednesday, December 17, Indian stock market benchmarks closed lower. HDFC Bank and ICICI Bank dragged the indices down.
At the close, the Nifty 50 ended down by 41.55 points or 0.16% at 25,818.55 after touching 50-DEMA, while the Sensex declined by 120.21 points or 0.14% to close at 84,559.65. India's volatility index, India VIX, declined by 2.24%. The benchmark indices have closed in red for the last three consecutive trading sessions. Concerns over foreign flows and weak rupee continue to weigh on sentiment.
Among individual stocks,
On the sectoral front, 4 out of all 11 sectoral indices closed in positive territory. The Nifty Media Index ended in red with a decline of 1.71%, emerging as the top losing sector. The index snapped a 2-day rally.
On the other hand, the Nifty PSU Bank index closed 1.29% higher, emerging as the top-gaining sector on Wednesday. The index is just 4% away from its lifetime high.
On Wednesday, the broader market indices ended in the red. The Nifty Midcap 100 index ended lower by 0.54%, while the Nifty Smallcap 100 declined by 0.73%
The key drivers of the index gains were:
On the other hand, these stocks dragged the index:
As of December 17, 2025, market breadth was in favour of declining stocks. Out of 3,224 stocks traded on the NSE, 1,055 advanced, 2,084 declined, and 85 remained unchanged.
A total of 47 stocks touched their 52-week highs, while 152 hit their 52-week lows. Additionally, 60 stocks were locked in their upper circuits, whereas 60 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.