Sensex Falls 1,000 Points, Nifty Slips Below 23,300 Amid US Tariff Worries
The Indian stock market witnessed a weak session on Tuesday morning, with both benchmark indices slipping into the red. The Sensex was down by 380 points, while the Nifty hovered around the 22,400 mark, reflecting broad-based selling across sectors.
The pressure was most visible in the technology space. Wipro, Tech Mahindra, Adani Enterprises, Infosys, and Trent emerged as the top losers on the Nifty, pulling the index lower. These stocks saw notable selling amid weak global cues and sector-specific concerns.
BSE Midcap and Smallcap indices also declined sharply, falling by 1.5% each, indicating that the weakness extended beyond the large-cap universe.
In terms of sectoral performance, only FMCG and Auto indices stayed positive, providing some relief in an otherwise weak market. Stocks like Nestle, HUL, Power Grid Corp, M&M, and ITC were among the top gainers on the Nifty, helping limit further downside.
Except for FMCG and Auto, all other sectoral indices were trading in the red, showing widespread caution across industries.
The sentiment on Dalal Street remained cautious amid a mix of global and domestic factors. With pressure building in tech and midcap stocks, investors appeared to be booking profits and reducing exposure in riskier segments.
Markets End Marginally Lower After Choppy Session as Nifty Defends 26,000 Amid Global and Currency…
Wholesale Narrows to –0.32% in November, Signalling a Gradual Turn in Price Trends India’s wholesale…
Rupee Hits New All-Time Low of 90.75 Against Dollar Amid Mounting Pressures The Indian rupee…
ICICI Prudential AMC IPO Subscribed 1.7 Times by Day 2 Afternoon The ICICI Prudential AMC…
Post-IPO Reality Check for DAM Capital as Stock Falls and Talent Churn Raises Questions Shares…
India–US Trade Interim Tariff Deal Enter Final Stretch, but Without a Fixed Timeline India and…
This website uses cookies.