Quote on Evening Markets 24th December 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Below the Quote on Evening Markets 24th December 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Indian equities ended marginally lower on December 24, 2025, as thin year-end volumes, FII selling and profit booking in select heavyweights capped gains. Despite a positive start, indices slipped into negative territory by afternoon trade, weighed down by weakness in IT, pharma, banks, oil & gas and select FMCG stocks.
The Sensex declined 116 points to close at 85,409, while the Nifty 50 eased 35 points to settle at 26,142. The Bank Nifty also slipped 116 points to end at 59,183, reflecting pressure in frontline financial names.
Broader markets were mixed, with the Nifty Midcap 100 ending in the red, while the Small cap 100 index managed to stay marginally positive, suggesting stock-specific action in smaller names. The India VIX remained subdued at 9.2, indicating continued low volatility in the market.
Sectorally, selling was prominent in IT, pharma and oil & gas, while pockets of strength were visible in defence and realty counters.
On the Nifty, Trent, Shriram Finance, Apollo Hospitals, UltraTech Cement, and Adani Ports were among the top gainers, whereas Inter globe Aviation, Wipro, Dr Reddy’s Labs, Sun Pharma, and Tata Motors were the major laggards.
Meanwhile, gold and silver hit fresh record highs, reflecting renewed global demand for safe-haven assets.
Trading activity is expected to remain muted this week, with markets closed on Thursday, December 25, on account of Christmas.
