Indian Equity Markets End Flat on December 23: NIFTY 50 Closes Near 26,180 as Stock-Specific Volatility Dominates

Indian equity markets concluded Tuesday’s session, December 23, 2025, on a muted note, with benchmark indices ending largely flat amid selective buying and selling across counters. While the NIFTY 50 managed to hold above the 26,170 mark, the broader market witnessed sharp stock-specific moves, highlighting cautious investor sentiment ahead of the year-end.

Also Read: Indian Equity Markets Trade Flat at Midday on December 23: NIFTY 50 Holds Above 26,190 Amid Stock-Specific Action

Benchmark Indices: Range-Bound Close

At the close of trade (15:30 IST), the NIFTY 50 settled at 26,177.15, up a marginal 4.75 points or 0.02%. The index opened at 26,205.20, moved to an intraday high of 26,233.55, and slipped to a low of 26,119.05, indicating a narrow trading range throughout the session.

Other indices showed mixed performance:

• NIFTY Next 50 gained 0.37% to 69,096.30

• NIFTY Financial Services rose 0.38% to 27,584.55

• NIFTY Bank edged lower by 0.01% to 59,299.55

The subdued close suggested consolidation after recent gains, with limited broad-based momentum.

Top Gainers: Strong Upper-Circuit Moves

Several stocks posted sharp gains, supported by strong volumes and momentum buying:

• NEUEON surged to ₹5.76, up ₹4.76

• OMAXE jumped 20.00% to ₹80.41, with heavy traded value

• MODIRUBBER gained 20.00% to ₹127.21

• TPHQ advanced 19.67% to ₹0.73

• PRSMJOHNSN rose 19.15% to ₹154.64

The sharp rallies reflected aggressive short-term interest, particularly in small- and mid-cap stocks.

Top Losers: Profit Booking in Active Counters

On the downside, several stocks saw notable corrections, some with significant volumes:

• SHRENIK declined 15.00% to ₹0.51

• SELMC fell 7.73% to ₹35.80

• MEESHO slipped 7.15% to ₹187.25, remaining highly active

• KRISHIVAL dropped 6.97% to ₹395.00

• ECOSMOBLTY eased 6.42% to ₹204.50

The declines indicated profit-taking and cautious positioning in select overextended counters.

Market Outlook: December 23

The session highlighted a consolidation phase for headline indices, with investors showing reluctance to take large directional bets. Market participation remained selective, with sharp divergences between gainers and losers underscoring a stock-driven environment rather than a sector-led rally.

Conclusion
Indian equity markets ended nearly flat on December 23, with the NIFTY 50 closing just above 26,177. While benchmarks lacked momentum, pronounced stock-specific moves dominated trading activity. As markets head into the final sessions of the year, investors are expected to remain cautious, focusing on selective opportunities and prudent risk management.