Indian stock markets ended the day on a cautious note as selling pressure weighed heavily on benchmark indices. The Nifty50 closed below the 25,900 level, while the BSE Sensex declined by more than 530 points, reflecting subdued investor sentiment amid a mix of global uncertainties and domestic profit booking.
The decline was led by losses in heavyweight stocks, particularly in the banking and IT sectors. Banking shares faced pressure as investors locked in gains following recent rallies, while IT stocks struggled amid concerns over slowing global demand and cautious outlooks from international markets. FMCG and metal stocks also saw intermittent selling, adding to the overall weakness in the market.
Broader markets mirrored the negative trend, with midcap and smallcap indices ending lower. The selling in these segments suggested a risk averse approach by investors, who appeared reluctant to take fresh positions in the absence of strong positive cues. Volatility remained elevated through the session, highlighting nervousness ahead of key global developments.
Global factors played a significant role in shaping market sentiment. Mixed signals from overseas markets, ongoing concerns about inflation, and uncertainty around interest rate decisions by major central banks kept investors on edge. Geopolitical tensions and fluctuating commodity prices further contributed to the cautious mood on Dalal Street.
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