Stock Market Today: Nifty, Sensex Extend Slump For Second Session As Banking Stocks Weigh

The NSE Nifty 50 slipped below the 26,000 mark, snapping a two-day gaining streak on Monday.

(Image source: Envato)

Stock Market Today: Rupee Closes Stronger Against US Dollar  

  • Rupee closed around 20 paise stronger at 89.88 against US Dollar.

  • It closed at 90.09 a dollar on Monday.

Source: Bloomberg

Stock Market Today: Nifty, Sensex Extend Slump For Second Session As Banking Stocks Weigh

Benchmarks underperformed Broader market Indices

Benchmarks fall for the 2nd consecutive day

Asian paints and Tech Mahindra are the top losers in Nifty

Nifty IT and Auto drag the gains in Nifty

Nifty IT decline the most among the sectoral indices

Coforge and Tech Mahindra fall the most in Nifty IT

Broader Market indices witnessed a healthy recovery

Stock Market LIVE: Steamhouse India Files Updated IPO Papers

Steamhouse India Ltd., an industrial steam and gas supplier, has submitted its updated draft red herring prospectus to the Securities and Exchange Board of India for its initial public offering.

The proposed IPO size is Rs 425 crore, comprising a fresh issue of equity shares worth Rs 345 crore and an offer for sale of shares aggregating up to Rs 80 crore by promoter Vishal Sanwarprasad Budhia, according to the UDRHP.

Stock Market LIVE: Zepto Sparked The 10-Minute Delivery Frenzy — But Can It Still Win It?

Zepto has hastened the quick commerce business in India by introducing the 10-minute delivery schedule. While it did kickstart the sector, as many as ten players jumped into the bandwagon. Many also faded as fast as they entered, leaving the sector with Blinkit (Zomato/Eternal), Instamart (Swiggy) and Zepto.

But can Zepto also contend with larger players entering at a quicker pace? Read the story linked below to find out.

Also Read: Zepto Sparked The 10-Minute Delivery Frenzy — But Can It Still Win It?

Stock Market LIVE: Solarworld Energy Signs Rs 806-Crore Pact

The company signs a pact for Rs 806 crore order to develop 200 MW/400 MWh battery energy storage systems in Gujarat.

Source: Exchange Filing

Stock Market LIVE: Undervalued Yuan Worked Well For China, Says Kotak AMC's Nilesh Shah

At a time when Indian rupee has breached past 90 levels against the US dollar, Nilesh Shah of Kotak AMC has highlighted it is the undervalued currency of China, which has helped the country reach a trade surplus.

In a recent social media post on X, the market veteran argued that China's economic dominance is not entirely built on innovation but an ironclad intervention from its central bank.

Read the whole story here.

Stock Market LIVE: 10-Year Bond Yield Rises

India's 10-year bond yield grew five basis points to 6.58%.

Stock Market LIVE: DCM Shriram Fixes Record Date

DCM Shriram board fixes Dec. 19 as record date regarding share allotment in DSFCL & DSIL.

Source: Exchange Filing

Stock Market LIVE: Federal Bank Shares Exchange Hands

Federal Bank has another 1.11 million shares traded in block deal on Tuesday.

Stock Market LIVE: 360 ONE WAM In Focus

360 ONE WAM has 1.12 million shares traded in block deal on Tuesday. The shares fell over 0.43% to Rs 1,123.40 apiece.

Stock Market LIVE: Piramal Finance Clarifies On Gold Loan Foray

Media report suggesting company's entry into gold loan segment is 'factually incorrect,' said Piramal Finance.

Source: Exchange Filing

Stock Market LIVE: Federal Bank In Focus

Federal Bank has 1.5 million shares traded in block deal on Tuesday. The shares rose over 2% to Rs 263.20 apiece.

Stock Market LIVE: Zen Tech Crosses Rs 1,000 Crore Mark For Pending Orders

Zen Tech CMD says:

  • Have crossed Rs 1,000 crore mark for pending orders

  • Government seriously finalising more orders, expect them to come in by March

  • Stick to guidance of cumulative revenue of Rs 6,000 crore for FY26-28

Stock Market LIVE: Ajmera Realty Launches Project In Vikhroli

Launches premium, mid-segment residential project in Mumbai's Vikhroli market. Records sales worth Rs 427 crore for new residential project within first 24 hours.

Source: Exchange Filing

Stock Market LIVE: Kaynes Tech Clarifies On Auditor Change

Kaynes Tech stated that no such negotiations taking place, and there is no timeline for chronology of such events.

Source: Exchange Filing

Stock Market LIVE: Sammaan Capital Allots NCDs

Sammaan Capita board allots 30,000 NCDs to raise funds worth Rs 300 crore on private placement basis.

Source: Exchange Filing

Stock Market LIVE: Hero MotoCorp Receives Tax Demand

Hero MotoCorp gets demand order worth Rs 1.2 crore including penalty, from Lucknow GST Department for alleged excess, incorrect claim of input tax credit.

Source: Exchange Filing

Stock Market LIVE: Delhivery Launches Economy Air Parcel Service

Delhivery launches new air parcel service to make exports affordable and simple for MSMEs.

Source: Exchange Filing

Stock Market LIVE: IndiGo Ordered To Cut Flights By 5%

Following the flight cancellation fiasco that impacted thousands of passengers in the past few days, the Directorate General of Civil Aviation has asked the airline to cut its schedule by 5% in an order dated Dec. 8.

This essentially means IndiGo will have to cut roughly about 115 flights from the 2,300 flights it operates daily.

Stock Market LIVE: VIX Recovers Sharply

The India VIX is witness to a volatile session today, rising and falling nearly 6% to currently trade over 1% higher.

Stock Market LIVE: Ola Electric Shares Hit Fresh Life All-Time Low

Ola Electric Mobility Ltd. shares have hit a fresh all-time low extending its decline for the eight consecutive sessions. The shares have fallen over 18% in the same time span.

Stock Market LIVE: Asian Paints In Focus

  • Channel checks point towards a modest improvement in demand

  • Oct-Nov largely remaining mixed for incumbents

  • Birla Opus is expected to have fared better

  • Projects verticals continue to fare well across players

  • No major changes in schemes were announced by Opus so far

  • Pricing at an industry level remained benign owing to stable input costs

Source: Incred

Stock Market LIVE: ITC Hotels Shares Slide

ITC Hotels Ltd.'s share price declined 5.57% on Tuesday to trade lower at Rs 194 apiece.

This comes despite the company securing a fresh 'Buy' from ICICI Securities and bullish nod from Macquarie on the hotel space.

Also Read: ITC Hotels Shares Slide Despite Macquarie’s Bullish Outlook On Hospitality Sector

Stock Market LIVE: IndiGo, Trent Stage Recovery

Eternal, Trent and Interglobe Aviation gain over 2% from the day’s low.

Stock Market LIVE: HSBC On Two Wheelers

  • Eicher Motors – Upgrade to Buy from Hold; Hike TP to Rs 8000 from Rs 7000

  • TVS Motor – Downgrade to Hold from Buy; TP at Rs 4000

  • Expect +200cc motorcycles to grow the fastest

  • ICE scooters and entry-level motorcycles to grow at the slowest pace

  • Estimate Royal Enfield segment volumes to grow at 12-15% CAGRs over FY25-FY30

  • Estimate TVS segment volumes to grow at 8-10% CAGRs over FY25-FY30

Stock Market LIVE: Broader Indices See Sharp Recovery

Recovery has been marked in the telecom, PSU Bank, Capital Goods, and EMS sectors.

Stock Market LIVE: While Benchmarks Recover, Here's Why They Crashed

India's benchmark indices extend decline for the second day as Nifty 50 and BSE Sensex fall nearly 1% as investors turned cautious ahead of the US Federal Reserve's interest rate decision on Wednesday. In addition, elevated US bond yields, the Indian rupee slipping past 90 amid persistent dollar strength, and continued FII outflows are weighing heavily on risk appetite.

Read the whole story here.

Stock Market LIVE: US Exports Remain Strictly Demand-Driven, Says Rice Exporters Federation

Indian Rice Exporters Federation says:

  • In FY25, India exported basmati rice worth $337 million to US

  • US is the 4th largest market for Indian basmati rice, 24th largest for non-basmati

  • Exports to the United States remain strictly demand-driven, with most shipments executed against advance purchase orders from US importers

  • Prior to the recent tariff increase, Indian rice faced a tariff of 10% in US market

  • Despite duty rising by 40%, exports have continued

  • Most of the tariff burden has been passed on to US consumers, export realisations for Indian farmers and exporters have remained broadly stable

Source: Statement

Stock Market LIVE: LT Foods Down After Trump Tariff Threat

Shares of LT Foods are under pressure on Tuesday's session, trading with cuts of almost 8%. This comes on the back of US President Donald Trump's recent comments, as he threatened India with potential tariffs on rice exports.

The stock is currently trading at Rs 362, which accounts for fall of more than 7.5% compared to Monday's closing price of Rs 393. On a year-to-date basis, the scrip has fallen 13%.

Also Read: LT Foods Shares Tumble In Trade After Trump Tariff Threat — Details Inside

Stock Market LIVE: Ola Electric At All-Time Low

  • Ola Electric, Afcons, Manyavar, Bajaj Housing Finance hit Life Time Lows on Tuesday

  • 24 stocks hits life-time low in the BSE Smallcap Index

Stock Market LIVE: Trent At 52-Week Low

  • Trent hits 52-Week low

  • 34 stocks hit 52-week low in the Nifty 500 Index

Stock Market LIVE: Airtel Only Nifty Stock In Green

  • Bharti Airtel is the only Nifty 50 stock trading in the green today

  • Nifty down over 400 points in 2 trading sessions

  • Nifty Smallcap 100 index down over 6% in 7 trading sessions

Stock Market LIVE: SpiceJet Strengthens Fleet

  • SpiceJet adds two Boeing 737 Aircraft

  • Both aircraft have entered commercial service on November 26 and 29, respectively

  • The aircraft are currently deployed on key routes including Delhi-Bangkok, Ahmedabad-Dubai and Ahmedabad-Kolkata

Source: Press Release

Stock Market LIVE: Kaynes Tech Shares Surge

Shares of Kaynes Tech are trending positive in trade on Tuesday in the wake of a few positive brokerage notes. This puts to an end to a sustained run of fall for the stock.

The stock is currently trading at Rs 3,925, which accounts for gains of more than 3% compared to Monday's closing price of Rs 3,807.

Also Read: Kaynes Tech Shares Surge After 30% Fall In Five Days — Here's Why

Stock Market LIVE: PhysicsWallah Shares See Uptick

Shares of PhysicsWallah Ltd. rose on Tuesday as the company reported a a 62% year-on-year rise in its net profit for the quarter ended September 2025.

Also Read: Physicswallah Shares Rise Over 5% After Q2 Profit Soars

Markets At Open: Nifty, Sensex Open Lower

The NSE Nifty 50 and the BSE Sensex opened slightly lower on Tuesday as ICICI Bank Ltd. and HDFC Bank Ltd. shares weighed. The indices were trading 0.41% and 0.31% down, respectively as of 9:15 a.m.

Stock Market LIVE: Physicswallah Con Call Updates

Prateek M:

  • Good jump in PAT, H1 showed stronger momentum

  • Q3 is stronger quarter for the company

  • Over all penetration (student enrolment) is seeing growth

  • ARPU is up 8% in H1, showing good growth

Stock Market LIVE: JSW Steel Posts November Update

  • Total crude steel production up 5% at 24.39 lakh tonnes (YoY)

  • India crude steel production up 5% at 23.61 lakh tonnes (YoY)

  • US crude steel production flat at 78,000 tonnes (YoY)

  • India ops capacity utilisation at 84%

  • Vijayanagar blast furnace shutdown from Sept-end impacted capacity utilisation

Source: Exchange Filing

Stock Market LIVE: Rupee Opens Weaker Against US Dollar

  • Rupee opened 5 paise weaker at 90.14 against US Dollar

  • It closed at 90.09 a dollar on Monday

Source: Bloomberg

Stock Market LIVE: IPL Brand Valuation Falls 20%

The Indian Premier League's ecosystem value declined 20% in 2025 amid geopolitical disruptions and uncertainty caused by the mega-auction and subsequent team reshuffles, according to a report by Brand Finance on Tuesday.

In 2025, the overall IPL ecosystem value was $9.6 billion as compared to $12 billion last year, the brand valuation consultancy firm said in an annual report on the most valuable and the strongest IPL brands.

Check out the list of the most valuable teams in the IPL here.

Stock Market LIVE: PhysicsWallah's Letter To Shareholders

  • At PhysicsWallah, we are proud to have contributed to this digital education revolution.

  • Our listing on the Indian stock exchanges marks an important milestone in this journey.

  • This first Shareholders’ letter reflects on our progress, key learnings, and the roadmap ahead.

Stock Market LIVE: Swiggy Shares In Focus

The shares of Food and grocery delivery platform Swiggy Ltd. will be in focus on Tuesday after the shareholders of the company approved its plan to raise Rs 10,000 crore via qualified institutional placement.

Read full story here.

Stock Market LIVE: Paramount Ups Warner Bros. Battle With Donald Trump Son-In-Law At Side

Paramount Skydance Corp. launched a hostile takeover bid for Warner Bros. Discovery Inc. at $30 a share in cash on Monday, just days after the company agreed to a deal with Netflix Inc. The offer values Warner Bros. at $108.4 billion, including debt.

The bid compares with Netflix’s offer of $27.75 in cash and stock, for an enterprise value of about $82.7 billion including debt. Paramount’s offer is for all of Warner Bros., while Netflix is interested only in the Hollywood studios, HBO and the streaming business. 

Source: Bloomberg

Stock Market LIVE: JPMorgan Sees Almost 100% Upside On Kaynes Tech

After a note last week urging investors not to 'fish for the dip', JPMorgan has released a fresh note on Kaynes Tech, highlighting the company's attractive valuation in the wake of the recent drawdown.

The brokerage firm even admitted that Kaynes Tech is the cheapest stock under their coverage right now, with the price to earnings to growth ratio of 0.7x.

Read the whole story by clicking the link below.

Also Read: 'Cheapest Ever': JPMorgan Remains Bullish On Kaynes Tech; Sees Almost 100% Upside

Stock Market LIVE: IndiGo, HAL, BEL And More On Brokerages' Radar

A host of global and domestic brokerages have released fresh views on Interglobe Aviation Ltd., Hindustan Aeronautics Ltd., Bharat Electronics Ltd., Hindustan Zinc Ltd. and Trent Ltd. ahead of Tuesday's session.

They have also outlined sector trends across defence and hotels. Click the link below for all the latest info.

Also Read: Stock Picks Today: IndiGo, HAL, BEL, Hindustan Zinc, Trent, Kaynes Tech And More On Brokerages' Radar

Stock Market LIVE: Gold Prices Flat, Silver Sees Uptick

Gold prices in India was trading flat at Rs 1,30,090 and silver gained at Rs 1,81,400 on Tuesday, according to the India Bullion Association. However, silver in the spot market declined to trade at $58.11.

Silver's price rose on Tuesday and was trading at Rs 1,81,400 per kilogram on Dec. 9, according to the India Bullion Association.

Stocks To Watch Today: IndiGo, ICICI Bank, L&T Shares In Focus

  • IndiGo: The company highlights key operational updates for Dec. 8, 2025; over 1,800 flights operated (up from 1,650 on Dec. 7) with 90% on-time performance across the network coverage. Moody’s has downgraded IndiGo's issuer category score for human capital to 4 from 3, reflecting the adverse impact of slower hiring on the airline's operations.

  • L&T: The board approves transfer of realty business undertaking to arm L&T Realty Properties via slump sale.

  • ICICI Bank: The bank executes share purchase pact to buy 2% stake in ICICI Prudential AMC for Rs 2,140 crore.

Also Read: Stocks To Watch Today: IndiGo, PhysicsWallah, Siemens, ICICI Bank, Bajaj Finserv

Stock Market LIVE: GIFT Nifty Hints At Muted Open

The GIFT Nifty is trading marginally higher at 25,956.50 at 06:45 a.m, indicating a flat to positive open for the benchmark index. Market participants await for the outcome of the US Federal Reserve policy meeting outcome.

Traders will keep an eye on IndiGo, ICICI Bank, ITC Hotels, and L&T shares for news flow.

The NSE Nifty 50 slipped below the 26,000 mark, snapping a two-day gaining streak on Monday. The index ended 0.86% lower, down 225.90 points to 25,960.55. All sectoral indices closed in red throughout the course of the day's trade.

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WRITTEN BY
Divya Prata
Divya Prata is a desk writer at NDTV Profit, covering business and market n... more
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