Sensex, Nifty Slip in Early Trade as Global Cues and Foreign Selling Weigh on Markets

Indian Markets Open Lower Amid Weak Global Sentiment​

Benchmark equity indices opened on a weak note on Wednesday as cautious investor sentiment prevailed amid heightened geopolitical tensions, subdued global markets and continued foreign fund outflows.

In early trade, the 30 share BSE Sensex declined 385.82 points to 81,794.65, while the NSE Nifty fell 91.5 points to 25,141, reflecting broad based selling pressure across sectors.

Heavyweights Drag Indices; Select Stocks Offer Support​

Among Sensex constituents, Bharat Electronics, ICICI Bank, Trent, Larsen & Toubro, HCL Technologies and Infosys were among the major laggards, adding to the early weakness in the benchmarks.

On the other hand, Eternal, Sun Pharma, InterGlobe Aviation and Tata Steel traded higher, offering limited support and preventing steeper losses in the opening session.

Foreign Selling Persists Despite Domestic Buying​

Foreign institutional investors remained net sellers, offloading equities worth Rs 2,938.33 crore in the previous session. In contrast, domestic institutional investors continued to provide support to the market, purchasing shares worth Rs 3,665.69 crore, helping cushion some of the downside pressure.

Asian Markets Trade Lower; US Markets See Sharp Declines​

Asian markets mirrored the weak global sentiment, with South Korea’s Kospi, Japan’s Nikkei 225 and Hong Kong’s Hang Seng trading lower. China’s Shanghai Composite index, however, managed to trade marginally higher.

Overnight, US equity markets ended sharply lower, adding to negative global cues. The Nasdaq Composite slumped 2.39 per cent, the S&P 500 dropped 2.06 per cent, and the Dow Jones Industrial Average declined 1.76 per cent.

Crude Oil Prices Ease​

In the commodities market, Brent crude prices declined 1.11 per cent to USD 64.19 per barrel, reflecting ongoing concerns around global demand and economic uncertainty.

Previous Session Recap​

In the previous trading session, Indian markets witnessed a sharp sell off. The Sensex had fallen 1,065.71 points, or 1.28 per cent, to close at 82,180.47, while the Nifty declined 353 points, or 1.38 per cent, to settle at 25,232.50.

Overall, market participants remain cautious at the start of the session, closely tracking global developments, foreign fund flows and broader risk sentiment for further direction.