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Nifty dips below 26,200, Sensex flat as IT stocks snap four-day rally, banks drag

Published on 23/12/2025 04:20 PM

Nifty dips below 26,200, Sensex flat as IT stocks snap four-day rally, banks dragMarkets ended largely flat on Tuesday as Nifty slipped below 26,200. Coal India, Cholamandalam Investment and Antony Waste led gains, while IT and banking stocks dragged the indices amid a volatile session.By Sheersh Kapoor  December 23, 2025, 4:20:12 PM IST (Published)1 Min ReadIndian markets closed flat on Tuesday after a volatile session, with the Nifty slipping below the 26,200 mark.

The Sensex fell 43 points to 85,525, while the Nifty managed a marginal gain of 5 points to 26,177. Sectorally, Nifty Bank eased 4 points to 59,300, whereas the Midcap Index inched up 1 point to 60,816.

IT stocks snapped a four-day winning streak, with Coforge, Infosys and Persistent Systems emerging as top losers. Coforge fell nearly 5% ahead of a board meeting to consider a fund raise via QIP on December 26.

Also Read: Here's what led to a sharp drop in Coforge shares on Tuesday

Coal India continued its winning streak for a fifth consecutive session, rising 4% to emerge as the top Nifty gainer. Ambuja and Orient gained nearly 2% and 4% respectively, while ACC slipped almost 2% following merger updates. Cholamandalam Investment and Finance Company shrugged off Cobrapost concerns, rising over 6% post-clarification.

Other notable movers included Meesho, which declined nearly 30% over three sessions, Tata Motors PV, which gained over 1% following an announcement to launch five new EV models by FY30, Antony Waste (+7%), Belrise (+6%), and Emcure Pharmaceuticals (+3%) after regulatory approvals. Market breadth favoured advances, with an NSE advance-decline ratio of 3:2.

Also Read: Cholamandalam Share Price: Allegations made by Cobrapost and what analysts make of themContinue ReadingTagsClosing BellMarket CloseMarkets At CloseSensex Niftyshare market today