Shriram Finance, Sun Pharmaceutical Industries among top Nifty laggards
Gaurav Garg,
Research Analyst
Lemonn Markets Desk
Mumbai, 26 December 2025: Indian equity markets ended lower on Friday amid profit booking in a holiday-shortened week, with persistent foreign institutional investor (FII) selling and muted participation weighing on sentiment. Despite Friday’s weakness, both benchmark indices managed to end the week marginally higher—up about 0.4 percent each—positioning them to snap a three-week losing streak. Weekly gains were supported by strength in metal stocks, aided by improving demand signals from China, a softer US dollar, and a stable US growth outlook.
Market sentiment remained cautious as the rupee weakened by 23 paise to 89.94 against the US dollar, pressured by sustained foreign fund outflows, higher crude oil prices, and importer-led dollar demand. Adding to the pressure, FIIs sold equities worth ₹1,721 crore in the previous session, marking the third consecutive day of net selling. Note that stronger US economic growth and elevated profitability of US companies, particularly in AI-related sectors, may continue to divert global capital flows away from emerging markets like India in the near term.
