Mumbai | December 12, 2025: Indian equities were largely higher on Friday, with the Nifty 50 trading above 26,000 and the Sensex up about 0.5%, but the session still produced a clear set of “red flags” in pockets of the market—especially among select small- and mid-cap counters and a few heavyweight defensives. [1]
Below is a detailed, data-backed roundup of the biggest stock losers today in India, split into two parts:
- NSE’s steepest percentage decliners across all listed companies, and
- the most-watched losers within the Nifty/Sensex universe—along with the macro cues, technical levels, and 2026 forecasts shaping market sentiment on 12.12.2025.
Market snapshot: Benchmarks green, but losers still matter
As of early afternoon trade, S&P BSE Sensex was around 85,233 (+0.49%) and Nifty 50 was near 26,027 (+0.49%), reflecting a broader rebound even as individual stocks sold off sharply. [2]
Reuters also highlighted that the rebound was supported by global cues after the Fed decision, while metals led sectoral gains, and a handful of names—including Hindustan Unilever (HUL)—weighed on the benchmarks. [3]
NSE biggest losers today: Top decliners across all companies (intraday)
If you’re searching “biggest stock losers today India,” this is the list most people mean: the steepest percentage falls across the NSE universe.
Timestamp note: The following “All Companies” NSE top-loser snapshot is time-stamped 12 Dec | 13:02 on Moneycontrol’s market stats page. [4]
Top NSE losers by % fall (selected highlights)
- Perfect Infra: ₹3.95, -51.23% (Prev close ₹8.10) [5]
- Refex Industries: ₹254.90, -19.99% (Prev close ₹318.60) [6]
- C2C Advanced: ₹473.00, -10.31% (Prev close ₹527.35) [7]
- Nacl Industries: ₹171.99, -10.19% (Prev close ₹191.50) [8]
- Vinny Overseas: ₹1.24, -10.14% (Prev close ₹1.38) [9]
- Vdeal System: ₹224.10, -10.00% (Prev close ₹249.00) [10]
- VLS Finance: ₹302.20, -9.28% (Prev close ₹333.10) [11]
- Neptune Petrochem: ₹210.00, -6.75% (Prev close ₹225.20) [12]
- Focus Lighting & Fixtures: ₹79.47, -5.74% (Prev close ₹84.31) [13]
- Infinium (Pharma): ₹214.10, -5.68% (Prev close ₹227.00) [14]
Why you’re seeing such extreme red numbers today
A crucial nuance for readers (and for anyone publishing on Google News/Discover): the day’s “biggest losers” list often contains low-priced and lower-liquidity counters, where moves can be amplified by thin volumes, circuit limits, or price adjustments around corporate actions. That’s why you can see outsize percentage drops even on an overall “green” market day. [15]
Nifty 50 & Sensex top losers today: HUL, Bajaj Auto, Asian Paints among laggards
While microcaps can dominate percentage-loser screens, many readers care most about “Nifty 50 top losers today” because these names influence indices and portfolios.
Nifty 50 laggards (midday snapshot)
Market trackers showed Hindustan Unilever (HUL) leading losses among key large caps, alongside Bajaj Auto and Asian Paints. [16]
From the Nifty-focused loser lists around midday:
- HUL: down about ~1.8% [17]
- Bajaj Auto: down about ~1.2% [18]
- Asian Paints: down about ~1.2% [19]
- ITC: down about ~0.8% [20]
- HCL Tech / Infosys / Power Grid: modest declines in the red basket [21]
Sensex “top losers” view (index lens)
Moneycontrol’s Sensex-focused loser panel also showed HUL, ITC, Asian Paints, Power Grid, Infosys among the weaker Sensex constituents during the session. [22]
What’s driving the divergence: metals and cyclicals up, defensives softer
A defining feature of today’s tape is rotation:
- Metals were among the notable gainers (helped by global cues and China-linked sentiment, according to Reuters). [23]
- Meanwhile, defensives such as FMCG showed relative softness, which helps explain why HUL appeared repeatedly among top laggards. [24]
This pattern—benchmarks rising while select defensives slip—is often seen when traders crowd back into higher-beta sectors (like metals) during a rebound session.
Macro news shaping India stocks on 12.12.2025: rupee pressure, flows, and trade overhang
Even with equities higher intraday, the background tone stayed cautious because the currency and foreign flows remain central to India’s near-term market narrative.
Rupee hits record low; RBI seen intervening
Reuters reported the rupee sliding to record lows around 90.55 per US dollar, tied to a combination of factors including a U.S.–India trade stalemate, tariff pressure, and foreign outflows—with the RBI widely seen stepping in via banks to smooth volatility. [25]
Foreign selling vs domestic support
Moneycontrol’s pre-market notes pointed to FII selling (over ₹2,000 crore on Dec 11) while DIIs bought (over ₹3,700 crore), reinforcing a theme that domestic flows are cushioning volatility. [26]
Today’s technical view: key Nifty levels traders are watching
For a Google Discover audience, it’s helpful to translate market noise into clear levels.
According to commentary carried by Moneycontrol from technical analysts:
- Support: around 25,700 (a decisive break could strengthen bears)
- Psychological/near-term hurdle:26,000 (until Nifty sustains above it, caution can persist) [27]
This framing also matches the day’s action: Nifty reclaimed 26,000 at points, but traders remained sensitive to whether it can hold above that zone rather than merely touch it.
Forecasts and market outlook: what brokerages are saying for 2026
Even as investors track today’s losers, the big positioning question is forward-looking: where do strategists see Indian equities heading into 2026?
Jefferies: Nifty target 28,300 by end-2026, domestic flows a key cushion
Jefferies said Indian shares could perform better in 2026 on expectations of a rebound in earnings and continued domestic inflows, setting a Nifty 50 year-end 2026 target of 28,300 (about ~10% upside from current levels at the time of the note). [28]
Jefferies also flagged sector preferences—more constructive on cyclicals such as banking/autos and cautious on some defensives—aligning with the kind of rotation visible in today’s session. [29]
Emkay Global: Nifty could reach 29,000 by CY2026
Emkay Global projected Nifty 29,000 by calendar year 2026, citing a mix of consumption recovery and easing rates, and argued in favor of discretionary exposure in that scenario. [30]
What to watch next (and why today’s losers list still matters)
Here’s how today’s biggest losers can help investors interpret the next move—without overreacting to a single session:
- Check whether sharp fallers are “event-driven” (corporate actions, disclosures, low-float moves) versus broad risk-off selling. The “All Companies” loser list often mixes both. [31]
- Track defensives vs cyclicals: If FMCG/consumer names continue to lag while metals/cyclicals lead, it can signal a persistent rotation rather than a one-day anomaly. [32]
- Watch the rupee + flows combo: Currency stress and foreign outflows can cap rallies, even when domestic buying supports dips. [33]
- Respect key index levels: Traders are closely watching the 26,000 zone and the 25,700 support in the short term. [34]
Bottom line
On 12 December 2025, India’s market was not a simple “risk-on vs risk-off” story. Benchmarks traded higher, yet the NSE’s biggest losers included deep percentage declines (notably Perfect Infra, Refex Industries, C2C Advanced, Nacl Industries)—while among large caps, HUL, Bajaj Auto, and Asian Paints remained consistent drags in the Nifty/Sensex loser lists. [35]
At the same time, the broader narrative for investors remains shaped by rupee volatility, cross-border trade uncertainty, and the tug-of-war between foreign outflows and domestic inflows—even as brokerages like Jefferies and Emkay point to a potentially stronger 2026 if earnings rebound and liquidity stays supportive. [36]
References
1. www.moneycontrol.com, 2. www.moneycontrol.com, 3. www.reuters.com, 4. www.moneycontrol.com, 5. www.moneycontrol.com, 6. www.moneycontrol.com, 7. www.moneycontrol.com, 8. www.moneycontrol.com, 9. www.moneycontrol.com, 10. www.moneycontrol.com, 11. www.moneycontrol.com, 12. www.moneycontrol.com, 13. www.moneycontrol.com, 14. www.moneycontrol.com, 15. www.moneycontrol.com, 16. www.etnownews.com, 17. www.etnownews.com, 18. www.etnownews.com, 19. www.etnownews.com, 20. www.etnownews.com, 21. www.etnownews.com, 22. www.moneycontrol.com, 23. www.reuters.com, 24. www.reuters.com, 25. www.reuters.com, 26. www.moneycontrol.com, 27. www.moneycontrol.com, 28. www.reuters.com, 29. www.reuters.com, 30. m.economictimes.com, 31. www.moneycontrol.com, 32. www.reuters.com, 33. www.reuters.com, 34. www.moneycontrol.com, 35. www.moneycontrol.com, 36. www.reuters.com
