Indian stock markets experienced a sharp decline today as the Sensex fell 604 points and the Nifty slipped below 25,700. Investors reacted to a combination of domestic and global factors that contributed to cautious trading. The decline was broad based and affected major sectors, reflecting uncertainty in market sentiment.
Among individual stocks, ICICI Bank and Adani Ports recorded losses of around two percent each. Other banking and infrastructure stocks also came under pressure as traders booked profits following recent gains. Analysts pointed out that concerns about macroeconomic indicators and global market trends played a role in the downtrend.
Market participants remained cautious ahead of key economic updates and upcoming corporate earnings. Foreign institutional investors were net sellers, adding further pressure to the benchmark indices. Domestic investors reduced exposure to cyclical sectors while defensive and large-cap stocks managed to limit losses.
The overall decline highlights the impact of profit booking, sector-specific pressures, and mixed global cues on market performance.
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