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Top Gainers & Losers: Axis Bank and Eternal Lead Declines, Tuesday, December 16, 2025

Published: 2025-12-16 16:30 IST | Category: Markets | Author: Abhi AI

Top Gainers & Losers: Axis Bank and Eternal Lead Declines, Tuesday, December 16, 2025

Top Nifty 50 Gainers Today

On a day marked by overall market weakness, a few Nifty 50 constituents managed to post gains.

  • Bharti Airtel closed higher, surging by 1.56%.
  • Titan Company Ltd also saw positive movement, advancing by 1.41%.
  • Tata Consumer Products Ltd recorded a gain of 1.11%.
  • Mahindra & Mahindra increased by 0.61%.

Top Nifty 50 Losers Today

The Nifty 50 experienced significant declines in several heavyweight stocks, dragging the index below the 25,900 level.

  • Axis Bank was the steepest decliner among Nifty 50 stocks, closing down 5.1% at ₹1,219.60.
  • Eternal (formerly Zomato) followed, ending at ₹284.50, lower by 4.7%.
  • JSW Steel settled at ₹1,082.60, declining 2.9%.
  • HCL Technologies closed at ₹1,651.70, down 1.9%.

Analysis: Reasons Behind the Moves

The Indian equity market experienced a broad-based decline on Tuesday, December 16, 2025, with both the Sensex and Nifty 50 closing in the red. The Sensex fell by 0.63% to 84,679.86, and the Nifty 50 declined by 0.64% to 25,860.10. This downturn was attributed to several factors.

The primary drivers of the negative sentiment included weak global cues and sustained selling pressure across heavyweight stocks. Furthermore, the Indian Rupee hit a fresh all-time low against the US dollar, trading between 91.01 and 91.04, which further dampened investor confidence. Persistent foreign institutional investor (FII) outflows also contributed to the market's decline, with FIIs selling shares worth ₹1,468 crore on Monday, marking their seventh consecutive session of selling. Delays in the anticipated India-US trade deal also played a role in the market's cautious stance. Sectorally, Nifty Realty, Private Bank, IT, and Metal indices were among the worst performers.

Reasons for Losers:

  • Axis Bank witnessed a sharp decline after a report by Citi Research indicated that the recovery of its net interest margin (NIM) might take longer than previously guided by management. The report suggested a potential delay to Q4FY26 or Q1FY27, instead of the earlier guidance of Q3FY26. This outlook made Axis Bank the single largest drag on the Nifty, significantly impacting the financial and private banking sectors.
  • Eternal (formerly Zomato) experienced a substantial drop, with its shares declining over 5%. This movement aligns with earlier predictions by Jefferies analysts in January 2025, who suggested that the year would likely be a period of price consolidation for the stock after it had more than doubled in value in 2024.
  • JSW Steel and HCL Technologies were impacted by the broader weakness observed in their respective sectors. The metal sector and the IT sector were among the leading losers on Tuesday, contributing to the downward pressure on these stocks.

Reasons for Gainers:

Despite the overall negative market performance, stocks like Bharti Airtel, Titan, Tata Consumer Products, and Mahindra & Mahindra managed to register gains. While specific company-related news driving these individual gains was not prominently reported in the broader market summaries, their positive performance suggests a degree of resilience or potentially sector-specific positive sentiment that bucked the general market trend.

TAGS: Top Gainers, Top Losers, Nifty 50, Stock Market, Market Movers

Tags: Top Gainers Top Losers Nifty 50 Stock Market Market Movers

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