Overview
- Equities slipped at the open with the Nifty 50 near 26,000 and the Sensex down roughly 250–380 points, tracking risk-off in Asia after Wall Street’s tech-led decline.
- The rupee hit a fresh record low near 90.56 per dollar, reflecting persistent foreign outflows and uncertainty around a potential India–US trade deal.
- Provisional NSE data showed foreign portfolio investors sold about Rs 1,114 crore on Friday, while domestic institutions bought roughly Rs 3,869 crore.
- Global risk tone softened after weak updates from Broadcom and Oracle rekindled AI-valuation concerns, dragging U.S. tech and spilling into South Korea and Japan.
- Traders watch November WPI inflation due Dec. 15 and key Nifty support near 25,700 and 25,400, with analysts advising selective, large-cap exposure.