New Delhi, 16 December (H.S.): Indian benchmark indices extended early losses on Tuesday amid sustained foreign fund outflows and weak Asian cues, with the Sensex shedding over 466 points and Nifty slipping below 25,900 by 10:15 AM.

Initial Bounce Fades Amid Broad-Based Pressure

The BSE Sensex opened 187.75 points lower at 85,025.61 before a brief buying surge lifted it to 85,059.96, only for selling to intensify and drag it 0.55% down to 84,747.23 after the first hour.

Similarly, the NSE Nifty commenced 75.80 points weaker at 25,951.50, touched 25,980.75 on initial support, then plunged 0.53% or 137.60 points to 25,889.70.

Monday's close saw marginal declines—Sensex at 85,213.36 (-0.06%) and Nifty at 26,027.30 (-0.08%)—setting a cautious tone.

Divergent Moves in Blue-Chips, Broader Markets Tilt Red

Among Sensex heavyweights, Tata Consumer Products, Titan, Bharti Airtel, Asian Paints, and SBI Life gained 0.62-1.30%, providing limited buoyancy, while Axis Bank plunged 3.84%, Eternal 3%, Tata Steel, HCL Tech, and Jio Financial fell 1.04-2.5%.

Trading activity spanned 2,491 stocks, with 891 advancers versus 1,600 decliners; Sensex had 7 gainers against 23 losers, Nifty 12 up and 38 down. Midcaps and smallcaps mirrored the downturn, down 0.46-0.58%.

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Hindusthan Samachar / Jun Sarkar