The Indian stock markets witnessed a sharp decline on Thursday, erasing the gains made in the previous session. The Sensex plunged over 650 points, while the Nifty slipped below the 25,050 mark, dragged down by weak corporate earnings, persistent FII outflows, and sectoral pressure.<\/p>\n
One of the main triggers for Thursday\u2019s market fall was Nestle India\u2019s Q1 FY26 results, which missed Street expectations.<\/p>\n
The company reported a 13.4% YoY decline in consolidated net profit at \u20b9646.6 crore.<\/p>\n<\/li>\n
This was well below analyst projections of \u20b9751 crore.<\/p>\n<\/li>\n
The dip was primarily due to higher raw material costs and rising expenses tied to expansion.<\/p>\n<\/li>\n<\/ul>\n
The weak results spooked investors across the FMCG sector, raising concerns about input cost pressures and margin squeeze going forward.<\/p>\n
Also Read: Amazon H-1B Salary Data Revealed: High Pay for Tech Talent in the US<\/a><\/p>\n Foreign Institutional Investors (FIIs) continued their selling spree, offloading \u20b94,209 crore worth of equities on Wednesday. Adding to the gloom were rising crude oil prices and global trade concerns. Brent crude prices rose to $68.72 per barrel, heightening fears of cost inflation. Meanwhile, the European Union’s threat of 30% tariffs on US goods escalated trade tensions, casting a shadow on global equities.<\/p>\nGlobal Cues & FII Selling Add to Pressure<\/h2>\n
Persistent FII outflows reduce liquidity and typically drag down large-cap stocks, which directly impacts benchmark indices.<\/p>\n