Post Market Update Today Dec 26 : Nifty, Sensex Fell For 3rd Day Dragged by HDFC Bank & ICICI Bank; Nifty Metal Emerges Top Gainer

At the closing bell, the Nifty 50 closed lower by 99.8 points, or 0.38%, at 26,042.30, while the Sensex slipped 367.25 points, or 0.43%, to settle at 85,041.45. Both the Nifty and Sensex hit record highs in November after 14 months, but have remained muted so far in December, shedding about 1% and 1.08%, respectively. On a weekly basis, the Nifty 50 closed 0.31% lower.

Indian equities came under pressure due to a combination of macro and market-specific factors, with the rupee weakening to 89.94 against the dollar amid foreign fund outflows, firm crude prices, and cautious sentiment. FIIs remained net sellers for the third straight session, offloading ₹1,721.26 crore. Higher crude oil prices added to the discomfort, while profit booking near record highs dragged frontline stocks lower. 

With only a few trading sessions left in the year and no fresh triggers, the market is showing signs of short-term fatigue. 

Stock-Specific Highlights

Among individual stocks,

• Ola Electric gained 2.38% after the electric vehicle maker received the government approval for a ₹366.78 crore (about $41 million) payout under the production-linked incentive (PLI) scheme for automobiles and auto components.
• Drug maker Panacea Biotec surged 13.36% after projecting a rise in contract value following an amended award from UNICEF for vaccine supply.

Nifty Metal - Top Gainer

On the sectoral front, 2 out of all 11 sectoral indices closed in positive territory. The Nifty Metal index emerged as the top-gaining sector with gains of 0.59%. The index extended gains for the 7th consecutive session. Additionally, the Nifty FMCG index advanced 0.03%. On the other hand, the Nifty IT index fell sharply by 1.03%, extending the losing streak for the 3rd session. 

Broader Markets End Positive

On Friday, the broader market indices followed the frontline gauge. The Nifty Midcap 100 index closed down 0.23%, and the Nifty Smallcap 100 slipped 0.08%. 

Nifty 50: Top Pullers and Draggers of the Day

The key drivers of the index gains were:

• Titan Company: +7.67 points
• Hindalco Industries: +2.72 points
• Reliance Industries: +2.67 points

On the other hand, these stocks dragged the index:

• HDFC Bank: -17.42 points
• ICICI Bank: -13.77 points
• Bharti Airtel: -10.58 points

Market Breadth

As of December 26, 2025, market breadth was in favour of declining stocks. Out of 3,249 stocks traded on the NSE, 1,285 advanced, 1,871 declined, and 93 remained unchanged. 

A total of 76 stocks touched their 52-week highs, while 71 hit their 52-week lows. Additionally, 57 stocks were locked in their upper circuits, whereas 50 stocks were in lower circuits. 

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