Stock-Market-Slips-for-Third-Day-as-FIIs-Turn-Net-SellersSensex drops 330 pts, Nifty struggles near 24,650 as global tensions and FII selling weigh heavily 

 

The Indian stock market is experiencing a day of weakness and volatility as trading continues on Tuesday. Both benchmark indices, BSE Sensex and NSE Nifty50, are in negative territory, showing signs of pressure from global and domestic developments.

 

Index Movements 

 

The BSE Sensex, which tracks 30 of India’s biggest companies, is trading around 81,040 to 81,100 levels. This is a drop of about 330 points or 0.4% compared to yesterday’s closing level. 

The Nifty50, another major index tracking 50 large companies from different sectors, is around 24,640 to 24,650, falling 100 points, which also equals 0.4%. 

This is the third straight day of decline for Indian markets, and it shows the lack of strong buying interest from investors. The market is said to be in a consolidation phase, which means it is moving sideways without a clear upward or downward trend. 

 

Reasons Behind the Market Decline 

 

Weak Global Cues 

 

Global markets are under pressure due to rising tensions between countries like the United States and China, and ongoing concerns from the Russia–Ukraine conflict. Investors are becoming more cautious, avoiding risky assets like stocks. These international worries are affecting Indian market sentiment. 

 

Foreign Institutional Investors (FIIs) Selling 

 

Foreign investors, also known as FIIs, have started selling shares in the Indian market after buying for five consecutive days. In early trades today, they sold stocks worth nearly ₹2,589 crore, which has added more pressure on the market. When foreign investors sell heavily, it often leads to a fall in stock prices. 

 

Sector-Specific Weakness 

 

Major sectors like financial services, private banks, and IT companies are dragging the market down: 

The Bank Nifty, which includes major banking stocks, crossed 56,000 earlier in the day but couldn’t hold on to those gains. 

Private banks and IT companies are both down around 0.4% to 0.7%. 

Auto and metal stocks are also not supporting the indices today. 

 

Adani Group Troubles 

 

Some stocks from the Adani Group are under pressure after reports that the group might be under investigation for importing gas from Iran in violation of trade rules. As a result, shares of Adani Enterprises, Adani Ports, Adani Green, and others fell by 1.2% to 2.7%. These companies have a significant weight on the indices, so their fall has impacted the overall market. 

 

Mixed Domestic Sentiment 

 

Though large-cap stocks are facing pressure, the mid-cap and small-cap segments are doing better. Investors are showing interest in smaller companies, which are generally seen as having higher growth potential. These segments are up by around 0.1% to 0.5%, offering some stability to the market. 

 

Major Gainers and Losers Today 

 

Top Gainers 

 

United Spirits is up nearly 4% after a global brokerage firm gave it a positive outlook and increased its target price. 

Go Fashion, a women’s apparel brand, rose by 5% after receiving a “Buy” rating from a financial research firm. 

Jindal Stainless gained about 3% after acquiring a stake in a new energy project. 

Biocon, a pharmaceutical company, went up around 1.8% after its diabetes treatment received regulatory approval. 

 

Top Losers 

 

Ola Electric saw a sharp fall of 5% to 7% after a big chunk of shares was sold by a large investor (block deal). 

Zinka Logistics and Transrail Lighting also dropped, despite some short-term gains earlier in the day. 

 

New IPOs and SME Listings 

 

Several small and medium-sized companies (SMEs) have been listed on the stock exchange today. These include: 

Blue Water Logistics, up by about 4% at listing 

Astonea Labs, up by 2% 

Prostarm Info, which debuted with a 14% premium 

These new listings are attracting investors who are looking for fresh opportunities outside the large-cap space. 

 

Commodities and Currency Market 

 

Gold prices are rising and trading near a four-week high. Investors are buying gold as a safer investment option due to uncertainty in global markets. 

Oil prices are also higher today. This is because of supply concerns from countries like Russia, Iran, and Canada. Higher oil prices can be a concern for India, as it imports most of its crude oil. 

The Indian Rupee is trading around ₹85.4 against the US Dollar. The Dollar is weakening globally, and this is helping the Rupee hold steady despite market pressure. 

 

Technical Outlook 

 

For the Sensex, key support is near 81,100. If it breaks below this level, it might fall further. On the other hand, resistance is around 81,800. If buyers return, it might rise toward that level. 

The Nifty50 is currently bouncing between 24,600 to 24,800. Chart patterns show a “hammer” shape near the moving average, which could indicate that selling might slow down if some positive triggers come in. 

 

What Analysts Are Saying 

 

A top global bank has raised India’s GDP growth estimate for FY26 to 6.4%, saying the Indian economy is performing better than expected. 

Experts are advising investors to keep an eye on companies trading under ₹100, such as IOB, Yes Bank, TTML, and PSB. 

Stocks like HUDCO, Indian Hotels, and Sigachi Industries are being highlighted as attractive investment ideas for the medium term. 

 

Events to Watch This Week 

 

The upcoming RBI monetary policy meeting is crucial. The central bank is expected to cut interest rates by 25 basis points, which could boost market sentiment. 

Global news, especially related to the US–China trade relationship, will remain a key factor for market direction. 

Investors are also keeping an eye on Foreign Institutional Investor (FII) activity. If selling continues, it may increase pressure on the market. 

The Indian stock market is facing challenges today due to global worries, selling by foreign investors, and weakness in large sectors like banking and IT. However, there are signs of resilience in mid-cap and small-cap stocks, as well as in some individual gainers. While the market is in a wait-and-watch mode, upcoming events like the RBI policy decision and global economic developments will play a big role in shaping the direction in the days ahead.