The Indian equity markets exhibited a mildly bearish sentiment on December 15, 2025, with benchmarks closing marginally lower amid persistent foreign outflows, rupee depreciation to record lows, and uncertainty over India-US trade negotiations. Key themes included resilient export performance offsetting import declines in trade data, while global cues remained mixed ahead of major US economic releases. Domestic institutional buying continued to provide support against FPI selling pressure.

• Trade deficit narrows sharply to five-month low on strong exports.
• Rupee hits all-time low amid outflows and trade deal delays.
• Benchmarks end slightly lower despite intraday recovery attempts.
• FPIs extend selling streak, withdrawing nearly ₹18,000 crore in December.

Markets face a cautious start on December 15, 2025, weighed by global tech weakness and FII outflows, though select sectors show resilience.

Key Themes & Picks

• GIFT Nifty signals a lower opening amid global tech sell-off.

• Metals and energy sectors show strength despite broad caution.

• Citigroup recommends Indraprastha Gas (Buy) on clean energy demand.

• Grasim Industries and Tata Steel highlighted for breakout potential.

• Persistent FII outflows temper overall market sentiment.

The Indian markets showed bullish sentiment on December 12, 2025, rebounding strongly with major indices closing higher, fueled by positive global cues from the US Federal Reserve's recent rate cut despite ongoing rupee depreciation and FII outflows. Key themes included market recovery, robust IPO activity, macroeconomic data releases, and sector-specific gains in automobiles and commodities, offsetting concerns over currency weakness and soft demand in some areas.

• Sensex surges 449 points amid global liquidity boost.
• Nifty climbs above 26,000 on rebound momentum.
• Rupee hits record low, pressuring imports.
• Auto industry achieves best-ever November sales.
• Silver prices cross ₹2 lakh milestone.