Market opening: Indices flat as SENSEX rises 110 points, NIFTY50 at 25,861; Hindalco Industries, Trent top gainers

The Indian stock market opened flat up on Wednesday, December 10, amid gains in auto, metal and media stocks despite weak global cues.

The broader market was trading flat in the early trade, with the Nifty Midcap 100 rising 0.09% while the Nifty Smallcap 100 fell marginally by 0.02%.

Among sectors, Nifty Media (0.74%), Nifty Metal (0.44%), Nifty Realty (0.39%), Nifty Oil and Gas (0.29%) and Nifty Auto (0.27%) were the top gainers. Nifty Consumer Durables (-0.26%), Nifty PSU Bank (-0.2%), and Nifty Pharma (-0.06%) were the losers.  

Market investors also remain cautious ahead of trade talks between India and the US. A delegation from the office of the US Trade Representative, led by Deputy USTR Ambassador Rick Switzer, is visiting India from December 9 to 11, 2025. As per reports, discussions on December 10 and 11 are expected to cover a wide range of trade-related issues.

According to exchange data, on Tuesday, the foreign institutional investors (FIIs) sold shares worth ₹3,760.08 crore, while the domestic institutional investors (DIIs) bought equities worth ₹6,224.89 crore on a net basis.

On the global front, most of the Asian markets were trading lower as caution prevailed among traders ahead of the US Federal Reserve interest rate decision following a weak session on Wall Street.

Japan's Nikkei declined 0.42%, Hong Kong's Hang Seng fell 0.37%, and China's Shanghai Composite tumbled 0.72%, while South Korea's KOSPI was trading 0.21% higher.

On Wall Street, the main indices ended on a sluggish note a day ahead of the US Fed decision on interest rates. The Dow Jones Industrial Average fell 0.38%, the S&P 500 declined 0.09%, and the tech-heavy Nasdaq advanced 0.13%.

As many as 2,695 stocks traded on the NSE during the early session, among which only 2,105 advanced, 515 declined, and 75 shares remained unchanged.

This indicates that the market's breadth is favourable towards advances.

Meanwhile, 16 stocks hit their one-year highs in the early trade, while 21 stocks touched their 52-week lows.

Further, 34 stocks hit their upper circuits, while 19 hit their lower circuits.

India VIX, the volatility gauge, was trading at 10.83 levels, falling 1.16%.

Hindalco Industries was the most contributing stock, gaining 1.17%, followed by Trent (1.13%), Bajaj Finserv (0.75%), Tata Steel (0.73%) and Grasim Industries (0.7%).

On the flip side, IndiGo (-1.6%), HDFC Life Insurance (-0.46%), Bajaj Auto (-0.44%), Sun Pharma (-0.43%) and Tata Consumer Products (-0.42%) were the top laggards on the 50-share index.