Stock market ends lower, Nifty slips below 25,750

The stock market ended lower on Tuesday in another volatile session, with the Nifty slipping below 25,750.

Selling pressure was seen in auto, consumer durables, pharma, and realty stocks.

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At the close, the Sensex fell 250.48 points, or 0.30 percent, to 83,627.69, while the Nifty dropped 57.95 points, or 0.22 percent, to 25,732.30.

The BSE Midcap index slipped 0.16%, while the Smallcap index outperformed strongly, rising 0.46%.

On the sectoral front, IT, media, PSU banks, and metals ended in the green. On the other hand, FMCG, capital goods, consumer durables, pharma, and realty fell between 0.3% snd 0.5%.

On the Nifty, Eternal, ICICI Bank, and Tech Mahindra ended as the top gainers, while Trent, Larsen and Toubro, and Reliance were the top laggards.

The rupee settled at 90.19 per dollar, marginally weaker than its close at 90.1625 in the previous session.

Over 220 stocks hit their 52-week low on the BSE, including Dixon Technologies, Cohance Life, Trent, Godrej Properties, BASF, Whirlpool, ITC, Happiest Minds, IRCTC, Cera Sanitaryware, and Signature Global India, among others.

Among the auto stocks, Maruti Suzuki, Mahindra & Mahindra (M&M), and TVS Motor Company shares fell over 1% each. Tata Motors Passenger Vehicles and Hero MotoCorp shares also fell nearly 1%.

Notably, the Foreign Institutional Investors (FIIs) have sold over Rs 15,000 crore worth of Indian stocks so far in January.