Mon Dec 08 11:20:00 UTC 2025: Here’s a summary of the text:

Following a recent interest rate cut by the Reserve Bank of India (RBI), the Indian stock market experienced a significant downturn. Broad-based selling pressure led to declines across major indices, with realty and PSU bank stocks taking the biggest hit. Foreign Portfolio Investors (FPIs) have been net sellers, withdrawing funds due to concerns about the depreciating rupee and global trade uncertainties. Several individual stocks, including Kaynes Technology, IndiGo, and Honasa Consumer, faced substantial losses. While most stocks declined, a few companies like Latent View Analytics and Home First Finance Company managed to post gains.

Here’s a rewrite as a news article:

Indian Stock Market Plunges After RBI Rate Cut Amidst Profit Booking and FPI Outflow

MUMBAI – The Indian stock market experienced a sharp decline on Monday, December 8, triggered by widespread profit booking and a concerning outflow of funds from Foreign Portfolio Investors (FPIs). The downturn comes a day after the Reserve Bank of India (RBI) announced a 25-basis point cut to key benchmark rates.

The Nifty 50 index closed down 0.86%, dipping below the 26,000 mark to settle at 25,960. The S&P BSE Sensex ended 0.71% lower at 85,102 points. The broader market faced even steeper losses, with the Nifty Midcap 100 and Nifty Smallcap 100 indices falling 2% and 2.6%, respectively.

Realty stocks bore the brunt of the selling pressure, with the Nifty Realty index shedding 3.5%, its largest single-day drop since July 2025. State-owned banks also suffered heavy losses, as the Nifty PSU Bank index plunged nearly 3%. Other key indices, including Metal, Consumer Durables, Pharma, Auto, and FMCG, all fell by over 1%.

FPIs have initiated the December series on a negative note, withdrawing ₹11,820 crore in the first week of the month. Experts attribute this to the weakening Indian rupee, coupled with ongoing uncertainty surrounding global trade negotiations.

Several individual stocks faced significant declines. Kaynes Technology shares plummeted 12.6%, while IndiGo shares closed down 8.3% after brokerage firms lowered their target prices. Honasa Consumer also lagged, losing 7% of its value.

Adding to the negative sentiment, Reliance Power and Reliance Infrastructure shares both closed 5% lower following the Enforcement Directorate (ED) filing a chargesheet against the company in a money laundering case.

Despite the widespread losses, a few stocks managed to buck the trend. Latent View Analytics surged 10.3%, while Home First Finance Company and 3M India also posted gains.

Market analysts advise investors to exercise caution and consult with certified financial experts before making any investment decisions, given the current market volatility.

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