Daily Finance Pulse India - 11 December 2025
Indian markets closed sharply lower on 10 December 2025 as Nifty slipped below 25,800 and Sensex fell 275 points, dragged by global risk-off sentiment, FII outflows, and trade deal uncertainty. US markets were mixed ahead of the Fed decision, while Japanese yields and BOJ tightening fears weighed on EMs. Exchanges in India are open on 11 December 2025. Sentiment is bearish.
1/10
Nifty below 25,800, Sensex down 275: Indian markets extend losses
On 10 December 2025, the NSE Nifty50 closed at 25,758.00, down 81.65 points, while the BSE Sensex ended at 84,391.27, losing 275.01 points. Heavy selling in IT and banking, along with FII outflows, pressured indices.
Impact: Short-term support for Nifty is seen around 25,700; a break could open further downside to 25,610–25,530.
2/10
Global risk-off: Rising Japanese yields, BOJ tightening fears hit EMs
On 10 December 2025, rising Japanese bond yields and signals of BOJ monetary tightening fostered risk-off sentiment, weighing on emerging markets including India, as investors turned cautious ahead of the US Fed meeting.
Impact: Indian markets remain vulnerable to global liquidity and rate expectations; focus shifts to US Fed cues for near-term direction.
3/10
FII outflows, INR weakness, US–India trade uncertainty weigh on Dalal Street
On 10 December 2025, Indian markets mirrored global caution, pressured by persistent FII outflows, rupee weakness, and uncertainty over the US–India trade deal, despite ongoing negotiations.
Impact: Near-term market direction will depend on clarity in US–India trade talks and central bank policy signals globally.
4/10
Fed decision in focus: 25 bps cut expected, but 2026 path uncertain
On 10 December 2025, ahead of the US Fed’s final rate decision of the year, markets widely expect a 25 bps cut, but internal divisions and mixed US data may temper expectations for further cuts in 2026.
Impact: A dovish Fed could support Indian equities; a hawkish tilt or guidance on fewer 2026 cuts may trigger further risk-off moves.
5/10
Capital market stocks crash: BSE, MCX fall 4–5% on broad weakness
On 10 December 2025, capital market stocks plunged as Nifty Capital Markets index dropped over 2%, with MCX down more than 5% and BSE falling over 4% amid broader market correction.
Impact: Sharp fall in exchange and brokerages reflects risk aversion; investors should watch for stabilization in this segment.
6/10
IT, banking drag: Infosys, Airtel, UltraTech among top losers
On 10 December 2025, IT and banking stocks were major laggards, with Infosys down 0.92%, Bharti Airtel slipping 1.10%, and UltraTech Cement falling 0.83%, dragging down the broader indices.
Impact: Heavyweight weakness suggests sector rotation; defensive or value pockets like ITC, NTPC offered limited support.
7/10
Forex: Rupee weakens amid FII outflows, global risk-off
On 10 December 2025, the Indian rupee traded under pressure against the US dollar, reflecting FII selling and risk-averse global flows ahead of the Fed decision.
Impact: Further INR weakness could pressure import-heavy sectors and inflation; RBI intervention may be watched closely.
8/10
Commodities: Gold, silver near record highs on safe-haven demand
On 10 December 2025, gold and silver prices held near record highs as investors sought safe-haven assets amid global uncertainty and expectations of Fed rate cuts.
Impact: High precious metals may support Indian demand in festivals and weddings, but could also add to inflationary pressures.
9/10
Crypto: Bitcoin, Ethereum hold steady ahead of Fed decision
On 10 December 2025, Bitcoin and Ethereum traded in a tight range as investors awaited the US Fed’s policy decision, with risk appetite in check but long-term rate-cut expectations supporting sentiment.
Impact: Fed outcome will be key for crypto flows; a dovish signal could trigger renewed buying interest in digital assets.
10/10
US indices mixed: S&P 500 down, Nasdaq up ahead of Fed
On 10 December 2025, US markets were mixed with the S&P 500 declining slightly and the Nasdaq edging up as investors braced for the Fed’s final rate decision of the year.
Impact: US market direction post-Fed will set the tone for Indian equities; any hawkish surprise could trigger fresh selling in EMs.