On the session ended 9 December, Sensex fell approximately 390–436 points — a drop of about 0.44–0.55% — while Nifty 50 settled around 25,850, dipping below the 25,850 threshold.

Weakness was concentrated in IT, automobile and pharmaceutical stocks, which underperformed during the day. In contrast, buying interest was seen in realty, power, PSU-stock segments and among several mid- and small-cap names.

The overall market breadth remained modestly positive: despite the benchmark slide, BSE Mid-cap and Small-cap indices managed modest gains, reflecting risk rotation from large caps toward smaller, cyclical or value-oriented stocks.

Macro-level factors weighed on sentiment. Continued foreign portfolio investor outflows, global uncertainty ahead of the next Federal Reserve (Fed) policy decision and lingering concerns over global trade dynamics dampened risk-appetite among domestic investors.

Currency action offered some relief: Indian rupee ended firmer at ₹89.88 per US dollar, up by ~21 paise against previous close — a move that may ease imported inflation and benefit select exporter and commodity-heavy stocks.

Looking ahead, market participants will likely monitor the Fed’s upcoming policy call, foreign capital flows, and quarterly earnings — factors that could influence whether the current volatility stabilises or extends further into the week.