Published on 04/11/2025 03:44 PM
Indian benchmark indices ended lower on Tuesday, extending losses as investors remained cautious amid global uncertainty, weak second-quarter earnings, and lack of clarity over ongoing US–India trade discussions.
The BSE Sensex closed 519.34 points lower, or 0.62 per cent, at 83,459.15, while the NSE Nifty 50 ended 165.70 points down, or 0.64 per cent, at 25,597.65.
Both indices opened weak and stayed under pressure throughout the day, with broad-based selling seen across most sectors.
Most sectoral indices on the NSE ended in the red, reflecting subdued market sentiment. The Nifty Metal, Nifty IT, and Nifty Auto indices were among the biggest laggards, falling 1.44 per cent, 1.06 per cent, and 0.86 per cent, respectively.
Weak global cues and profit booking in key stocks dragged these sectors lower. The Nifty Bank index slipped 0.47 per cent, while the FMCG and Realty indices also ended lower by 0.60 per cent and 0.78 per cent, respectively.
However, the Nifty Consumer Durables index bucked the trend and managed to gain 0.39 per cent, supported by buying interest in Titan and other related counters.
In the broader market, the sentiment remained negative. The Nifty Midcap 100 declined 0.42 per cent, while the Nifty Smallcap 100 was down 0.82 per cent. Market breadth was weak, with 1,034 stocks advancing and 2,062 declining on the NSE.
A total of 85 stocks remained unchanged. Meanwhile, 75 stocks hit their 52-week highs, and 81 stocks touched fresh 52-week lows, indicating volatility and selective participation.
Among the Sensex constituents, Titan Company was the top performer, rising 2.07 per cent to close at Rs 3,805.
The stock gained on continued optimism around festive season demand. Bharti Airtel advanced 1.71 per cent to Rs 2,109.15, while Bajaj Finance added 1.16 per cent to Rs 1,055.
Mahindra & Mahindra rose 0.97 per cent to Rs 3,583 after posting its September quarter results, and State Bank of India also edged up 0.43 per cent to Rs 954.30.
On the other hand, Power Grid Corporation declined 3.18 per cent to emerge as the top loser. Eternal dropped 2.71 per cent, and Tata Motors Passenger Vehicles fell 2.35 per cent.
Tata Steel, Maruti Suzuki, and Bharat Electronics also witnessed selling pressure, losing between 1.6 per cent and 1.8 per cent.
Major index heavyweights like Reliance Industries, Infosys, and Larsen & Toubro were also under pressure, contributing to the broader market weakness.
Anubhav Maurya is a Senior Sub-Editor at Zee Business, focusing on the stock market, personal finance, corporate news, and related sectors.
He has previously worked wi