GIFT Nifty market trend graph showing flat opening with Bank of Japan in background

GIFT Nifty Points to Flat Opening; Bank of Japan Begins Key Monetary Policy Meeting

On December 17, 2025, foreign portfolio investors (FPIs) purchased shares worth ₹1,171.71 crore, while domestic institutional investors (DIIs) were net buyers to the tune of ₹768.94 crore.

However, FPIs have maintained a selling trend in December, offloading shares worth ₹22,284.04 crore. This follows their cash sales of ₹17,500.31 crore in November and ₹2,346.89 crore in October.

Global Market Trends
Asian markets opened lower on Thursday as investors continued to rotate out of technology stocks, influenced by Wall Street’s overnight declines. AI-related shares came under pressure after reports suggested that Oracle’s primary investor, Blue Owl Capital, withdrew funding from one of its data centre projects.

The Bank of Japan (BoJ) commenced its two-day monetary policy meeting, with expectations that the central bank may raise rates to 0.75% on Friday, marking a 30-year high.

In the U.S., all major indexes closed lower overnight:

  • S&P 500: down 1.16%
  • Nasdaq Composite: down 1.81%
  • Dow Jones Industrial Average: down 0.47%

Traders are awaiting the U.S. Consumer Price Index (CPI) report for November, which will be the first inflation data released after the recent government shutdown. Analysts expect a year-on-year headline inflation growth of around 3.1%.

Domestic Market Performance
Indian equity markets ended Wednesday with minor losses, extending declines for a third consecutive session. Market sentiment remained cautious amid continued FII selling and uncertainty over a potential U.S.-India trade agreement.

Globally, rising Japanese bond yields have signaled tighter liquidity, weighing on equity valuations. At the same time, softer U.S. labour data has heightened recession concerns while strengthening expectations of a more accommodative Federal Reserve.

On Wednesday:

  • Nifty 50: closed at 25,818.55, down 41.55 points (0.16%)
  • S&P BSE Sensex: closed at 84,559.65, down 120.21 points (0.14%)

Key sectors like consumer durables dragged the Nifty lower, although PSU banks, metals, and IT stocks saw selective buying interest. Over three trading sessions, the Sensex fell 0.83%, while the Nifty slipped 0.87%.