
Markets Extend Losses in Late Morning Trade
Indian equity benchmarks continued to trade under pressure on Monday, with losses deepening by late morning amid persistent foreign fund outflows, global uncertainty and cautious investor positioning.At around 11:40 am IST, the BSE Sensex was trading at 82,910.00, down 666.24 points or 0.80 percent. The NSE Nifty slipped to 25,485.85, declining 197.45 points or 0.77 percent.
Heavyweight Stocks Lead the Decline
Selling pressure remained concentrated in key index heavyweights. Stocks such as Bharat Electronics, Larsen & Toubro, Eternal, Power Grid, Adani Ports, Infosys, Reliance Industries and Bajaj Finance continued to weigh on benchmark indices.In contrast, select stocks such as Hindustan Unilever, Asian Paints, Axis Bank and State Bank of India provided limited support, trading marginally higher.
Institutional Flows Remain Divergent
Market sentiment continued to be influenced by institutional activity. Foreign institutional investors remained net sellers in the previous session, while domestic institutional investors maintained buying interest, helping cushion the fall to some extent.Broader Trend Stays Weak
The ongoing decline follows sustained weakness over the past week. Over the last five trading sessions, benchmark indices have recorded sharp losses, reflecting heightened caution among investors amid global geopolitical concerns and uncertainty around external trade developments.Global Cues Offer Limited Relief
Asian equity markets traded mixed, with gains seen in South Korea, China and Hong Kong, while domestic markets remained under pressure. US markets had ended the previous session on a positive note, though this failed to lift sentiment locally. Brent crude edged higher to around USD 63.49 per barrel, adding to macro level considerations.Recap of Previous Session
In the previous trading session, domestic benchmarks had closed sharply lower. The Sensex had fallen below the 84,000 mark, while the Nifty had settled under 25,700, setting a weak tone for the start of the new week.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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