Market Overview - The combined market valuation of nine of the top-10 most valued firms decreased by ₹2.51 lakh crore last week, with Reliance Industries experiencing the largest decline [1][2] - The BSE benchmark Sensex fell by 2,032.65 points or 2.43 percent during the same period [1] Company-Specific Valuations - Reliance Industries' market valuation dropped by ₹96,960.17 crore to ₹18,75,533.04 crore [3] - ICICI Bank's valuation decreased by ₹48,644.99 crore to ₹9,60,825.29 crore [3] - HDFC Bank's market cap fell by ₹22,923.02 crore to ₹14,09,611.89 crore [3] - Bharti Airtel's valuation diminished by ₹17,533.97 crore to ₹11,32,010.46 crore [3] - Tata Consultancy Services (TCS) saw a decline of ₹16,588.93 crore to ₹11,43,623.19 crore [3] - Larsen & Toubro's market cap decreased by ₹15,248.32 crore to ₹5,15,161.91 crore [3] - Bajaj Finance's valuation fell by ₹14,093.93 crore to ₹5,77,353.23 crore [4] - State Bank of India's market cap edged lower by ₹11,907.5 crore to ₹9,50,199.77 crore [4] - Infosys' valuation dived by ₹7,810.77 crore to ₹6,94,078.82 crore [4] - Hindustan Unilever's market cap increased by ₹12,311.86 crore to ₹5,66,733.16 crore [4] Market Sentiment - The market sell-off was attributed to weak global cues, persistent foreign institutional investor (FII) outflows, a depreciating rupee, and subdued corporate earnings [2][5] - Escalating geopolitical tensions and aggressive FII selling contributed to the market correction [5]

Market Overview - The Sensex fell 55 points, or 0.06%, to open at 85,513, while the Nifty 50 slipped 11 points, or 0.04%, to 26,161, indicating a slight pullback after two sessions of gains [1][5][17] - Broader markets were marginally weaker, with mid-cap stocks down 0.2% and small-caps lower by 0.1% [2][17] Company Performance - Tata Consultancy Services, Asian Paints, and Infosys led the losses on the Sensex, with declines between 1% and 2% [2][17] - Ambuja Cements rose 4% after approving the merger of ACC and Orient Cement, which is expected to deliver about 10% value accretion for Ambuja shareholders [3][17] Institutional Activity - Foreign Institutional Investors (FIIs) sold equities worth over Rs 457 crore on December 22, while Domestic Institutional Investors (DIIs) were net buyers to the tune of Rs 4,058 crore [8][17] Economic Indicators - The Indian rupee firmed slightly, rising 3 paise to 89.65 against the U.S. dollar, supported by a softer dollar [12][17] - Asian markets advanced, with MSCI's broadest index of Asia-Pacific shares outside Japan rising 0.31% and Japan's Nikkei adding 0.1% [9][10][17] Analyst Insights - Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, noted that domestic macros and fundamentals are positive, which could embolden bulls to push the Nifty and Sensex to new highs [6][7][17] - The strong revival in AI trade is seen as a mild negative, potentially delaying the reversal of FII outflows, with expectations of more volatility ahead [7][17]

Market Overview - Markets opened marginally higher on Wednesday, with the BSE Sensex trading at ₹84,685.74, up 5.88 points or 0.01 per cent, and the NSE Nifty 50 at ₹25,868.55, up 8.45 points or 0.03 per cent [1] - The previous session saw sharp losses, with Nifty closing 167 points lower and Sensex down 522 points [4] Global Market Sentiment - Global markets are trading cautiously due to uncertainty over the US interest-rate trajectory, with mixed signals from US job data and flat retail sales growth affecting risk appetite [2] - Persistent foreign institutional investor (FII) selling and weakness in the Indian rupee are key near-term headwinds, despite stable domestic fundamentals [2] Domestic Market Dynamics - Domestic inflows through Systematic Investment Plans (SIPs) and insurance channels are providing a structural buffer against downside risks [2] - The Nifty's short-term trend has shifted to mildly bearish after slipping below the 20-day EMA at 25,950, which is now acting as immediate resistance [4] Sector Performance - Among the top gainers on the Nifty 50, Shriram Finance led with a gain of 1.38 per cent, followed by State Bank of India at 1.33 per cent and Eicher Motors at 1.25 per cent [2] - On the losing side, ICICI Bank emerged as the top loser, declining 1.46 per cent, followed by HDFC Life Insurance and Max Healthcare Institute [3] Technical Analysis - The focus is on the 25,700–25,800 support band, which has emerged as a strong demand zone in recent sessions [4] - Technical analysts maintain a cautious outlook, expecting Indian equity markets to open on a subdued note due to mixed global cues and continued FII selling [4] Long-term Perspective - The recent sharp fall in the rupee and crude oil prices is attracting investor attention, with a decline in crude due to poor demand from China and the US being viewed positively for India's macros [4]

Market Overview - The S&P BSE Sensex dropped 314 points, or 0.37%, closing at 84,587, while the NSE Nifty 50 declined 75 points, or 0.30%, settling at 25,884 [1][14] - The domestic market experienced sharp volatility on the monthly expiry day, influenced by a weakening Indian Rupee (INR) and continued Foreign Institutional Investor (FII) outflows [5][14] Sector Performance - In the 30-share Sensex pack, only a few stocks like BEL, SBI, Tata Steel, and Reliance Industries ended in the green, while others, including Trent and Tata Motors, saw significant declines [2][14] - Sectorally, Nifty IT, Auto, FMCG, and Oil & Gas were the top drags, with declines up to 0.6% on November 25, particularly affected were Infosys, TCS, HCL Tech, and Wipro [2][14] Technical Analysis - The 20-day EMA zone of 25,850–25,800 is expected to act as crucial support for the Nifty Index, with a sustained move below 25,800 potentially driving it towards 25,600 [6][14] - For Bank Nifty, the support zone is identified at 58,600–58,500, with a potential drop towards 58,000 if it moves below 58,500, while a breakout above 59,200-59,300 could lead to an upward trend [7][14] Currency and Global Market Impact - The Indian Rupee ended flat at 89.22 per dollar against the previous day's close [8][14] - Global stocks saw an increase as Federal Reserve officials indicated potential interest rate cuts in December, leading to a rotation into technology shares [9][14] - MSCI's All-World Index rose for the third consecutive session, reflecting a broader improvement in market sentiment [10][14] Commodity Market - Brent crude futures slipped 0.8% to $62.88 per barrel due to concerns over rising global oil supply potentially outpacing demand next year [11][14] - Gold prices eased 0.6% to $4,115 an ounce but remained on track for nearly a 3% gain for November [10][14]