Closing Bell 2nd December: Nifty 50 down by 0.55% and Sensex by 0.59%

On Tuesday, the Indian stock market closed in the red. Nifty 50 opened at 26,087.95, reaching a high of 26,154.60, and closing at 26,032.20, down by 0.55%. Similarly, the BSE Sensex opened at 85,325.51, reached a high of 85,553.51, and ended at 85,138.27, down by 0.59%.Reasons for the negative sentimentThe markets traded in red due to several reasons:India’s Industrial and Manufacturing production data dropped to 0.4% and 1.8% YoY.The FII outflows amid cautious market sentiment.The rupee continued to decline to hit a fresh all-time low of 89.92 against the US dollar.Major Indices Today IndicesLTPPrev closeChangeNifty 5026,032.2026,175.75-0.55%BSE Sensex85,138.2785,641.90-0.59%Next 5069,154.4569,220.60-0.10%Bank Nifty59,273.8059,681.35-0.68%Fin Nifty27,565.2527,814.50-0.90% Nifty and Sensex traded in red, dragged by Media, Metal, and Chemical stocks.Nifty Next 50 traded in the red, dragged down by metal and Finance stocks. The Bank Nifty traded lower after the government said no proposals to merge or consolidate state-owned banks are currently under consideration.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT37,541.2537,549.70-0.02%Nifty Auto27,979.5027,993.00-0.05%Nifty FMCG55,390.9555,500.50-0.20%Nifty Pharma22,905.0022,887.750.08%Nifty Healthcare14,876.6014,885.45-0.06%Nifty Oil & Gas11,970.6512,020.75-0.42% Nifty IT and Nifty Auto traded in the red after profit-taking during the recent rally.Nifty FMCG traded lower amid broader market sentiment.Nifty Pharma traded in green after Wockhardt and Lupin received US FDA approval.Nifty Oil & Gas traded in the red after Indian refiners returned to non-Russian barrels following the US stepping up restrictions on discounted oil.Market Movers TodayVodafone Idea shares rose by 4% after Union Telecom Minister Jyotiraditya Scindia said the Centre will finalise the AGR relief recommendations for the company in the coming weeks.Swiggy shares rise 1.5% after a report stating the firm plans to raise ₹10,000 crore from institutional investors.Apollo Micro Systems shares rose by 2.9% after the company received a license to manufacture equipment for defence aircraft and unmanned helicopter activities.Sun Pharma Advanced Research Company rose by 20% to hit an upper circuit after the U.S District Court of Columbia granted judgment in favour of the company on the issuance of Priority Review Voucher (PRV) associated with the approval of Sezaby, which is a benzyl alcohol and propylene glycol-free formulation of phenobarbital sodium powder for injection.Top Gainers Company NameLTPPrev CloseChangeUnion Bank of India155.77154.191.02%Asian Paints2,954.402,867.603.03%Canara Bank152.03150.501.02%Siemens3,361.003,310.201.53%Bank of Baroda296.90295.550.46% Top Losers Company NameLTPPrev CloseChangeIndian Bank859.45887.35-3.14%NBCC115.26118.01-2.33%Adani Energy Solutions976.95999.10-2.22%360 One WAM1,162.901,189.30-2.22%SAIL132.46135.05-1.92% 52W High Stocks Company NameLTP52W highChangeVedanta538.40539.900.96%Punjab National Bank125.35127.800.04%Union Bank of India155.77160.151.02%Hero MotoCorp6,270.506,340.00-0.40%Cummins4,514.504,574.00-0.65% 52W Low Stocks Company NameLTP52W lowChangeBajaj Housing Finance97.0295.00-7.15%Page Industries37,605.0037,110.000.53%SJVN77.3777.10-0.60%Cohance Lifesciences545.60543.10-1.30%Deepak Nitrite1,524.601,515.00-1.37% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea10.139.932.01%Yes Bank22.7122.451.16%GMR Airports106.63107.64-0.94%NMDC76.0975.390.93%Canara Bank152.03150.501.02% Market AnnouncementsEasy Trip Planners' shares rose by 15% after the launch of the Winter Carnival Sale.Hindustan Construction Company shares rose by 14.2% after the company fixed Friday, December 5, 2025, as the record date for its rights Issue.References:India Industrial ProductionRupee hits new record low of 89.92 against US Dollar: What lies ahead?Hindustan Construction zooms 14% on fixing record date for rights issueApollo Micro up 3% on getting defence aircraft manufacturing licenceVodafone Idea shares jump 4% as Scindia says Centre may finalise AGR relief plan by 2025-end

Closing Bell 2nd December: Nifty 50 down by 0.55% and Sensex by 0.59%

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