On Monday, Indian stock markets closed trading lower. Nifty 50 opened at 25,930.05, reaching a high of 26,047.15, and closing at 26,027.30, down by 0.08%. Similarly, the BSE Sensex opened at 84,891.75, reached a high of 85,278.63, and ended at 85,213.36, down by 0.06%.Reasons for the negative sentimentThe markets traded in the red due to several reasons:The rupee hit a fresh record low, down to 90.6 against the US dollar.Foreign Institutional Investors continued to exit from the Indian markets.Negative cues from the U.S. and Asian Markets amid heavy selling in tech stocks.Major Indices Today IndicesLTPPrev closeChangeNifty 5026,027.3026,046.95-0.08%BSE Sensex85,213.3685,267.66-0.06%Next 5068,622.4568,509.700.16%Bank Nifty59,461.8059,389.950.12%Fin Nifty27,603.1527,672.60-0.25% Nifty and Sensex traded in the red, dragged down by losses in Automobile and Financial Services stocks.Nifty Next 50 traded in green, led by the gains in FMCG and Energy stocks.The Bank Nifty traded higher after the RBI’s latest update that the credit demand rose by 11.5% YoY at the end of November 28, backed by sustained lending to retail and service sector segments.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT38,386.3038,274.750.29%Nifty Auto27,568.1027,820.85-0.91%Nifty FMCG54,868.4054,490.800.69%Nifty Pharma22,719.4022,808.70-0.39%Nifty Healthcare14,711.2014,753.85-0.29%Nifty Oil & Gas11,948.6511,927.000.18% Nifty IT continued to trade in green after brokerage firm HDFC Securities identified upside potential in the IT sector, backed by the rapid scale-up of AI-led services.Nifty Auto traded in the red amid selling pressure after the recent rally.Nifty FMCG traded in green after Reliance Consumer Products announced its plan to acquire a majority stake in Udhaiyams Agro Foods, and Nitu Bhushan was appointed as the new Head of Human Resources of Nestle India.Nifty Pharma traded in the red after Dr Reddy's Laboratories and Aurobindo Pharma received five and three observations, respectively, in their respective Form 483s from the US FDA.Nifty Oil & Gas traded higher amid the higher crude oil prices.Market Movers TodayPVR Inox shares rose by 6.5% after Ranveer Singh-starrer 'Dhurandhar' entered the ₹300 crore club.Hindustan Zinc shares rose by 2% to hit a fresh 52-week high after the brokerage firm Jeferries initiated a ‘Buy’ call for the stock.InterGlobe Aviation, the parent company of IndiGo’s shares, rose by 2.35% after the airline company’s operations stabilised after several days of disruption.Refex Industries’ shares rose by 13% after the company issued a clarification on searches conducted by the Income Tax department on its premises, stating that it has not received any communication from the I-T Department suggesting any adverse findings during the search operations.Top Gainers Company NameLTPPrev CloseChangeNBCC115.39109.575.31%Amber Enterprises6,801.506,626.002.65%KEI Industries4,167.904,067.102.48%Dixon Technologies13,737.0013,379.002.68%UPL765.65748.352.31% Top Losers Company NameLTPPrev CloseChangeBSE2,648.902,735.00-3.15%Aditya Birla Capital351.80362.95-3.07%HDFC AMC2,607.002,674.70-2.53%KPIT Technologies1,207.401,237.90-2.46%Vodafone Idea11.3511.64-2.49% 52W High Stocks Company NameLTP52W highChangeHindustan Zinc568.05571.801.14%Vedanta549.40551.801.07%Muthoot Finance3,856.403,868.000.49%Ashok Leyland166.82167.141.81%IDFC First Bank83.8784.431.92% 52W Low Stocks Company NameLTP52W lowChangePetronet LNG268.55265.60-0.15%Urban Company123.28121.40-4.32%Sanofi4,197.604,190.70-1.05Ramkrishna Forgings520.55512.000.85%Sheela Foam579.55573.600.35% High Volume Stocks Today Company NameLTPPrev CloseChangeGMR Airports104.88104.340.52%Yes Bank21.7621.92-0.73%Indian Oil Corporation168.55163.672.98%Sammaan Capital148.68149.49-0.54%Suzlon Energy53.1453.020.23% IPOsICICI Prudential Asset Management IPO is open and will close on 16th December. The price band set for the IPO is ₹2,061 to ₹2,165.Allotted todayThe shares of Park Medi World and Nephrocare Health Services were allotted today. Investors can check their allotment status on the NSE and BSE websites.Listed todayCorona Remedies shares were listed today at a premium of over 38% at ₹1,470 on NSE and ₹1,473 on BSE. The price band set was at ₹1,008 to ₹1,062.Wakefit Innovations made a muted debut, listing at ₹195 on NSE and ₹194.1 on BSE. The price band set was at ₹185 to ₹195 per share.Market AnnouncementsSEPC shares rose by 13% after the company signed a ₹3,300 crore MoU for the Rampur Batura Opencast Coal Mine Project in the Sohagpur area of Shahdol district, Madhya Pradesh.Wheels India shares rose by 6% after the company partnered with Japan’s Topy Industries for the design, development, and manufacture of aluminium alloy wheels.