Indian equity benchmarks ended lower

Gaurav Garg,
Research Analyst
Lemonn Markets Desk
Mumbai, 10 December 2025: Indian equity benchmarks ended lower on December 10, tracking mixed global cues and continued foreign institutional investor (FII) outflows. The Nifty declined 81.65 points, or 0.32%, to 25,758, while the Sensex fell 275.01 points, or 0.32%, to 84,391.27. Market breadth was slightly negative, with 1,830 stocks advancing and 2,186 declining.
Broader indices softened as well. The BSE Midcap index slipped 1%, and the Smallcap index was down 0.7%, reflecting profit-taking and a moderation in risk appetite. Among sectoral indices, metals gained 0.5% on supportive commodity trends. Most other sectors saw mild declines, with IT, capital goods, realty, consumer durables, PSU banks, and private banks falling between 0.5% and 1%.
Global sentiment remained cautious amid rising Japanese bond yields and expectations of policy tightening by the Bank of Japan, which contributed to risk-off moves across Asian and emerging markets. Investors are also tracking the upcoming U.S. Federal Reserve meeting, where a 25-bps rate cut is expected, although recent economic data and varied policy views within the Fed have moderated expectations of aggressive easing through 2026.
For Indian markets, external factors were accompanied by ongoing FII outflows, a softer rupee, and uncertainty surrounding U.S.–India trade discussions. In the near term, market direction is expected to be influenced by central bank commentary and updates on trade negotiations as participants evaluate the broader macro environment.