Sensex and Nifty decline as financials lead sell-off
after close1 source ↓written by the desknot a recommendation
- closing
- 26,032
- 0.55%
- 85,138
- 0.59%
- amid concerns
- 1%
Indian markets faced a broad sell-off on 02 Dec 2025, with the Nifty 50 closing at 26,032, down 0.55%, and the Sensex at 85,138, down 0.59%. Financial stocks, particularly HDFC Bank, ICICI Bank, and Axis Bank, slipped around 1% amid concerns over a weakening rupee, which hit a record low of ₹89.87 against the US dollar.
The decline reflects ongoing foreign investor selling and potential adjustments in Nifty Bank index weights due to NSE regulations.
Not investment advice. For informational purposes only.