Sensex Ends 593 Points Lower, Nifty Below 25,900; DRL Down 4%, Cipla 3% | Markets News


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Indian benchmark indices, the BSE Sensex and NSE Nifty50, opened in the red on Thursday, tracking mixed cues from Asian markets.

Stock Market Today

Stock Market Today

Sensex Today: Indian equity benchmarks ended sharply lower on Thursday, tracking global weakness after the US Federal Reserve delivered a widely expected rate cut but signaled it could be the final reduction for 2025. Caution also prevailed ahead of fresh updates on US-China trade discussions.

The BSE Sensex slid 592.67 points, or 0.70%, to close at 84,404.46, while the NSE Nifty50 declined 176.05 points, or 0.68%, to 25,877.75.

In the broader market, the Nifty MidCap 100 inched up 0.1%, whereas the Nifty SmallCap 100 dipped 0.1%.

Global Cues

Asian markets traded mixed on Thursday after Powell signaled uncertainty over another rate cut this year, saying a December move is “far from a foregone conclusion.” This came even as the Fed cut rates by 25 bps to 3.75%–4%.

Investors are also watching for updates from the upcoming Trump–Xi meeting — their first since Trump began his second term.

Japan’s Kospi gained 0.94%. Nikkei slipped 0.25%, Topix rose 0.33%, and Australia’s ASX 200 fell 0.2%.

On Wall Street, the Dow Jones dipped 0.2% after touching an all-time high intraday. The S&P 500 ended slightly lower, while the Nasdaq climbed 0.55% to a record 23,958.47, fuelled by Nvidia-led tech gains.

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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