Sensex Extends Fall To 5th Day, Ends 556 Points Lower; Nifty Below 24,900; Trent Drops 4% | Markets News


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Benchmark indices, Sensex and Nifty50, opened lower for the fifth consecutive session on Wednesday, tracking mixed global cues

Sensex, Nifty

Sensex, Nifty

Sensex Today: Equities came under heavy selling pressure in the final hour on Thursday, pulling benchmark indices down by as much as 0.68 per cent.

The BSE Sensex closed at 81,160, down 556 points, while the Nifty50 settled at 24,891, slipping 166 points.

Top Sensex laggards included Power Grid, Tata Motors, Trent, TCS, Asian Paints, NTPC, Adani Ports, Bajaj Finserv, HCL Tech, Titan, M&M, Bajaj Finance, L&T, Eternal, Reliance Industries, and Kotak Bank, with losses of up to 3 per cent. On the Nifty50, Shriram Finance, Adani Enterprises, Dr Reddy’s Labs, Cipla, Jio Financial Services, and Grasim Industries also weighed on sentiment.

In the broader markets, the Nifty MidCap index fell 0.64 per cent and the Nifty SmallCap slipped 0.57 per cent.

Sectorally, Realty remained the biggest drag for the second session in a row, with the Nifty Realty index tumbling 1.65 per cent. The Nifty Auto index also dropped 0.9 per cent. The sole bright spot was metals, as the Nifty Metal index eked out a 0.22 per cent gain.

VK Vijayakumar, Chief Investment Strategist at Geojit Investments, said: “Markets have been drifting down in the absence of immediate triggers, though auto stocks remain bullish on expected earnings growth. The significant drag has been sustained FII selling, with Indian equities underperforming global peers—Nifty down 3.6% year-on-year versus gains of 38.6% in Hang Seng and 33.7% in Kospi—driven by India’s high valuations. However, ongoing reforms and a low-interest-rate regime could support growth and eventually attract FIIs back, making this the right time to accumulate high-quality stocks with patience.”

Aparna Deb

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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News business markets Sensex Extends Fall To 5th Day, Ends 556 Points Lower; Nifty Below 24,900; Trent Drops 4%
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