Indian stock markets continued their rough patch on Thursday, marking the fifth straight day of losses. The downturn came from foreign investors pulling money out, traders cashing in profits, and heavy selling in tech stocks.
The Sensex, India’s benchmark index, wrapped up the day at 81,159.68, dropping 555.95 points or 0.68%. It opened shaky at 81,574.31, down from the previous close of 81,715.63, and even dipped to a low of 81,092.89 during trading.
The Nifty 50 ended at 24,890.85, off by 166.05 points or 0.66%.
An analyst pointed out that Indian markets kept sliding as investors locked in gains amid ongoing foreign institutional investor (FII) outflows. Uncertainty around US-India trade talks is also weighing in, potentially hurting India’s second-quarter GDP growth.
Selling hit hard across several areas, including auto, IT, pharma, and healthcare stocks. On a brighter note, metals stocks climbed thanks to China’s fresh liquidity measures and worries about copper supplies.
Traders stayed on edge heading into the weekend, with eyes on India’s borrowing plans for the second half of fiscal year 2026 and upcoming US economic data.
In the Sensex pack, stocks like Trent, PowerGrid, Tata Motors, TCS, Asian Paints, NTPC, Bajaj Finance, Bajaj FinServ, Mahindra & Mahindra, HCL Tech, Eternal, Titan, Kotak Bank, Tech Mahindra, L&T, SBI, and UltraTech Cement all finished lower. BEL, Axis Bank, and Bharti Airtel bucked the trend and closed higher.
Sector-wise, the pain was widespread. Nifty Auto tumbled 249 points or 0.92%, Nifty FMCG fell 270 points or 0.49%, Nifty IT dropped 445 points or 1.27%, Nifty Financial Services slid 141 points or 0.53%, and Nifty Bank eased 145 points or 0.26%.
Wider indices mirrored the slide: Nifty Next 50 lost 514 points or 0.75%, Nifty 100 dipped 174 points or 0.68%, Nifty Midcap 100 closed down 368 points or 0.64%, and Nifty Small Cap 100 fell 102 points or 0.57%.
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