Sensex tanks nearly 504 points and Nifty slips to 26,032 points

Stock markets declined on Tuesday (December 2, 2025), with the benchmark Sensex tumbling nearly 504 points due to selling in blue-chip bank stocks and Reliance Industries, and persistent foreign fund outflows.

Falling for the third straight session, the 30-share Bombay Stock Exchange (BSE) Sensex tumbled 503.63 points or 0.59% to settle at 85,138.27. During the day, the benchmark tanked 588.9 points or 0.68% to hit a low of 85,053. The index had scaled a record high level in intra-day trade in the previous session, but closed lower due to profit booking in the second half.

The 50-share National Stock Exchange (NSE) Nifty declined by 143.55 points or 0.55% to 26,032.20.

Among Sensex firms, Axis Bank, HDFC Bank, Reliance Industries, ICICI Bank, Bharat Electronics and Larsen and Toubro were the biggest laggards.

However, Asian Paints, Maruti, Bharti Airtel and Bajaj Finance were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,171.31 crore on Monday (December 1, 2025), while Domestic Institutional Investors (DIIs) bought stocks worth ₹2,558.93 crore, according to exchange data.

In Asian markets, Shanghai Stock Exchange Composite index settled lower while South Korea’s Kospi, Japan’s Nikkei 225 index and Hong Kong’s Hang Seng index ended in positive territory.

Markets in Europe were trading higher.

U.S. markets ended lower on Monday (December 1, 2025).

Brent crude, the global oil benchmark, dipped 0.33% to $62.96 per barrel.

On Monday (December 1, 2025), the Sensex pared early gains and ended 64.77 points or 0.08% lower at 85,641.90. During the day, the benchmark jumped 452.35 points or 0.52% to hit a record intra-day high of 86,159.02.

The Nifty dipped 27.20 points or 0.10% to settle at 26,175.75. During the day, it climbed 122.85 points or 0.46% to hit a lifetime high of 26,325.80.