Sensex Plummets 359 Points Amid Weak Market Sentiment
The Indian stock market faced a challenging start on December 9, 2025, as the benchmark indices, Sensex and Nifty, opened in the red. The Sensex dropped by 359.82 points to start at 84,742.87, while Nifty fell 93.45 points to 25,867.10. This downturn was largely influenced by weak global cues and ongoing selling by Foreign Institutional Investors (FIIs).
In the previous trading session, the Sensex had closed at 85,712.37, and Nifty at 25,960.55. The broader indices, including the BSE Midcap and Smallcap, also started the day lower. The Midcap index fell by 206.62 points (0.45%), while the Smallcap index saw a decline of 257.73 points (0.52%). This negative trend reflects the fragile sentiment prevalent among investors.
Market analysts highlight that as long as the indices remain below critical levels, particularly the 20-day SMA of 26,000 for Nifty and 85,400 for Sensex, the weak sentiment is likely to persist. Projections indicate a possible further decline towards levels of 25,850 or even 25,700. However, should the market rally above these thresholds, a rebound could see Nifty rise to around 26,100.
From the Sensex pack, Hindustan Unilever emerged as a notable gainer, rising by approximately 0.44% in early trades. In contrast, Asian Paints led the decline, with a drop of 1.73%. Other laggards included HCL Tech, Tech Mahindra, and Trent, which faced similar downward pressure.
In the Nifty pack, out of 2,538 stocks, 502 were in the green, while 1,959 were trading in the red, with 77 stocks remaining unchanged. This uneven distribution highlights the market's volatility and investor caution.
Gift Nifty, an early indicator for the Nifty 50, also indicated a negative start, opening down by 111 points at 25,930 compared to its previous close. Furthermore, FIIs continued their selling spree, offloading equities worth Rs 655 crore on December 8, while Domestic Institutional Investors (DIIs) remained active buyers, adding equities valued at Rs 2,542 crore on the same day.
