sensex slips for the fourth consecutive session; ₹2.75 lakh crore erased — 10 key takeaways from today’s market

Indian indices extended their pullback from recent highs, logging a fourth straight decline on December 3. Late buying couldn’t offset losses. Sensex slipped 31 points (0.04%) to 85,107, while Nifty fell 46 points (0.18%) to 25,986. Broader indices were weaker: Midcap -0.95%, Smallcap -0.43%. Market capitalisation dropped ₹2.76 lakh crore to ₹469.69 lakh crore. 10 Key Highlights 1. Market Drivers Indices consolidated as the rupee hit a record low amid FII outflows, global uncertainty, and reduced expectations of an RBI rate cut. 2. Top Nifty Losers 37 of 50 stocks ended lower. Max Health (-2.9%) led losses, followed by BEL, Adani Enterprises, Tata Consumer (all -2%+), and Shriram Finance & M&M (≈ -1.8%). 3. Top Nifty Gainers IT and banks outperformed. Wipro (+1.61%) topped gainers, followed by Hindalco, TCS, ICICI Bank, and HDFC Bank (1–1.5% gains). 4. Sector Performance Six sectors closed higher. IT rose 0.76% on a weaker rupee. Nifty Auto was the biggest decliner (-1.20%). 5. Most Active Stocks Vodafone Idea led volumes with 117.61 crore shares. Easy Trip, SPARC, Bank of Maharashtra, and YES Bank saw 10–12 crore shares each. 6. Biggest Gainers (10%+) Hikal (+13.6%), OnMobile (+10.64%), Midwest Ltd (+10%). 7. Biggest Decliners (10%+) Indowind Energy RE (-18.5%), Adani Enterprises RE (-11.95%), Patel Retail (-10.8%). 8. 52-Week High/Low Count 28 stocks hit new highs, while 228 registered fresh 52-week lows, including Awfis, Delta Corp, IREDA, Ola Electric, NDTV, Page Industries, Quess Corp, and SJVN. 9. Market Breadth Weak sentiment persisted with an advance–decline ratio of 1:2 (1052 advances vs. 2074 declines). 10. Nifty Technicals Support lies at 25,800–25,850, while resistance is seen near 26,100–26,150.