The Indian equity markets witnessed broad-based weakness on Monday, with benchmark indices Sensex and Nifty sliding as investors booked profits across key sectors. Persistent foreign institutional investor (FII) outflows, a weaker rupee, firmer crude oil prices, and rising market volatility further weighed on sentiment. Caution ahead of the upcoming US Federal Reserve policy meeting also kept traders on the sidelines.<\/p>\n
At around 11 a.m., the Sensex<\/a> fell 346.50 points, or 0.40%, to 85,365.87, while the Nifty50<\/a> declined 123.85 points, or 0.47%, to 26,062.60, slipping below the crucial 26,100 level.<\/p>\n The selloff was led by sectors such as realty, banking, and automobiles, where traders took profits after recent gains. 1,174 stocks advanced<\/p>\n<\/li>\n 2,418 stocks declined<\/p>\n<\/li>\n 201 stocks remained unchanged<\/p>\n<\/li>\n<\/ul>\n In the Nifty50 pack, InterGlobe Aviation, Bharat Electronics, and ETERNAL were among the biggest losers, falling up to 7%. The biggest drag on the market was investor caution ahead of the two-day Federal Open Market Committee (FOMC) meeting starting December 9.<\/p>\n According to Devarsh Vakil, Head of Prime Research, HDFC Securities:<\/p>\n Investors are positioning cautiously ahead of the FOMC meeting<\/p>\n<\/li>\n Additional inflation releases and year-end portfolio adjustments are adding to the wait-and-watch sentiment<\/p>\n<\/li>\n Central banks in Australia, Brazil, Canada, and Switzerland are also scheduled to meet this week, although no major policy changes are anticipated outside the Fed<\/p>\n<\/li>\n<\/ul>\n This global central bank activity has kept domestic markets nervous, with traders unwilling to take fresh positions until clarity emerges on Fed policy.<\/p>\n Foreign institutional investors continued their selling streak, extending it to seven straight sessions.<\/p>\n FIIs sold \u20b9438.90 crore worth of equities on Friday<\/p>\n<\/li>\n Continued outflows are adding pressure to the market, particularly in large-cap and high-liquidity names<\/p>\n<\/li>\n<\/ul>\n The sustained selling has weakened market sentiment, especially ahead of a major global policy event.<\/p>\n The Indian rupee opened weaker and continued to slide in early trade:<\/p>\n The rupee fell 16 paise to \u20b990.11 against the US dollar<\/p>\n<\/li>\n It opened at \u20b990.07 and slipped further due to strong dollar demand from corporates, importers, and foreign portfolio investors<\/p>\n<\/li>\n<\/ul>\n Higher crude prices and steady FII outflows weighed on the currency, adding another layer of pressure on domestic equities.<\/p>\n Brent crude, the global energy benchmark, rose marginally:<\/p>\n Brent crude was up 0.13% at $63.83 per barrel<\/p>\n<\/li>\n<\/ul>\n Even a modest rise in crude can influence India\u2019s markets due to its impact on:<\/p>\n Import bills<\/p>\n<\/li>\n Inflation expectations<\/p>\n<\/li>\n Overall macro sentiment<\/p>\n<\/li>\n<\/ul>\n Higher crude tends to trigger caution among equity traders, particularly in rate-sensitive sectors.<\/p>\n The India VIX, the volatility index measuring market uncertainty, climbed:<\/p>\n India VIX rose 2.11% to 10.53<\/p>\n<\/li>\n<\/ul>\n A rising VIX generally indicates:<\/p>\n Higher market uncertainty<\/p>\n<\/li>\n Expectation of wider price swings<\/p>\n<\/li>\n Reduced risk appetite among traders<\/p>\n<\/li>\n<\/ul>\n The uptick in volatility ahead of a major global policy meeting further contributed to Monday\u2019s selloff.<\/p>\n Also Read<\/strong>: Kaynes Tech Shares Crash 12% as JPMorgan Warns Against \u2018Bottom Fishing\u2019; Kotak Flags Disclosure Mismatches<\/a><\/em><\/p>\n Despite Monday\u2019s decline, analysts noted key technical levels that may guide market movement in the coming sessions.<\/p>\n According to HDFC Securities\u2019 Devarsh Vakil:<\/p>\n The Nifty regained momentum last week after moving above its near-term resistance at 26,100<\/p>\n<\/li>\n Immediate resistance is now placed at 26,300, followed by 26,500<\/p>\n<\/li>\n On the downside, the 25,950\u201326,000 zone is expected to act as a crucial support band<\/p>\n<\/li>\n<\/ul>\n These levels will be closely monitored as traders navigate a volatility-rich environment amid global central bank actions.<\/p>\n Profit booking<\/p>\n<\/li>\n Global uncertainty ahead of Fed policy<\/p>\n<\/li>\n Weak rupee<\/p>\n<\/li>\n FII selling streak<\/p>\n<\/li>\n Rising crude oil<\/p>\n<\/li>\n Higher volatility index<\/p>\n<\/li>\n<\/ul>\n created a risk-off mood across the market. The selling was broad-based, with midcaps and smallcaps also facing pressure, as seen in the weak market breadth.<\/p>\n With multiple global central bank meetings lined up and the Fed at the centre of attention, markets could remain choppy through the week. The Indian equity markets witnessed broad-based weakness on Monday, with benchmark indices Sensex and Nifty sliding as investors booked profits across key sectors. Persistent foreign institutional investor (FII) outflows, a weaker rupee, firmer crude oil prices, and rising market volatility further weighed on sentiment. Caution ahead of the upcoming US Federal Reserve policy meeting also […]<\/p>\n","protected":false},"author":7,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1384],"class_list":{"0":"post-18734","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1384,"user_id":7,"is_guest":0,"slug":"jitesh-kanwariya","display_name":"Jitesh Kanwariya","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/18734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=18734"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/18734\/revisions"}],"predecessor-version":[{"id":18736,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/18734\/revisions\/18736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/18735"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=18734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=18734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=18734"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=18734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Broad Market Snapshot: Heavy Profit Booking and Negative Market Breadth<\/h2>\n
Market breadth remained firmly negative:<\/p>\n\n
On the other hand, HDFC Life Insurance Company and Tech Mahindra emerged as the top gainers, rising up to 1%.<\/p>\nKey Factors Behind the Market Decline<\/h2>\n
1) Caution Ahead of US Federal Reserve Meeting<\/h3>\n
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2) Persistent FII Outflows<\/h3>\n
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3) Weak Rupee Adds to Pressure<\/h3>\n
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4) Crude Oil Prices Edge Higher<\/h3>\n
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5) India VIX Inches Up, Signalling Higher Market Volatility<\/h3>\n
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Technical Outlook: Key Levels to Watch<\/h2>\n
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Overall Market Mood: Risk-Off Sentiment Prevails<\/h2>\n
The combination of:<\/h3>\n
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\nClick here to explore
\n<\/strong><\/em>Gift Nifty<\/a>
\nFII DII Data<\/a>
\nIPO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"