Dec 30 (Reuters) - India's equity benchmarks were little changed in early trade on Tuesday, weighed by ongoing concerns over foreign fund outflows in subdued year-end trading.
The Nifty 50 index shed 0.03% to 25,935.5, while the BSE Sensex index fell 0.06% to 84,642.96 as of 10:03 a.m. IST.
The benchmarks have lost about 1% in the last four sessions. They have risen over 9% in 2025, lagging their emerging market and Asian peers in a rare year of underperformance.
"Market sentiment remains subdued as trading volumes remain light, with participants preferring selective exposure rather than broad-based positions in the absence of any major triggers," said Ajit Mishra, senior vice president of research at Religare Broking.
Foreign investors net sold Indian shares worth 27.6 billion rupees ($307 million) on Monday, as per provisional data. This would be their biggest single-day selling in about three weeks.
Overseas investors have offloaded a record high $18.2 billion of Indian shares in 2025.
On the day, 12 of the 16 major sectors logged losses. The broader small-caps and mid-caps fell 0.4% and 0.3%, respectively.
Bucking the broader trend, PNB Housing Finance rose 2% after a credit rating upgrade from India Ratings and Research.
Cement maker Niraj Cement gained 3% after securing two orders worth 1.33 billion rupees ($14.8 million).
Drug maker Ajanta Pharma added 1% after domestic brokerage Motilal Oswal reiterated its positive view on the company's earnings outlook, citing potential gains from semaglutide, a drug used to manage type 2 diabetes.
($1 = 89.9400 Indian rupees)
(Reporting by Vivek Kumar M and Bharath Rajeswaran; Editing by Rashmi Aich and Mrigank Dhaniwala)
By Bharath Rajeswaran and Vivek Kumar M
