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    Sensex Falls 435 Points, Nifty Ends At 25,840; SMIDs Outperform; IT Leads Fall | Markets News

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    Indian stock markets opened sharply lower on Tuesday amid a fresh round of profit booking

    Stock Market Live Updates

    Sensex Today: Indian equity markets closed lower on Tuesday as a fresh wave of profit booking weighed on sentiment. Adding to the pressure were reports that US President Donald Trump may impose new tariffs on Indian rice, stoking fears that trade negotiations between Washington and New Delhi remain unresolved.

    By 3:30 PM, the BSE Sensex had settled at 84,666.28, down 436.41 points or 0.51%, while the NSE Nifty closed at 25,839.65, slipping 120.90 points or 0.47%.

    On the Sensex, Asian Paints, Tech Mahindra, HCL Tech, Tata Steel, Maruti Suzuki, Sun Pharma, TCS, ICICI Bank, and Bajaj Finance were among the top laggards, falling up to 4.6%. Meanwhile, Eternal, Titan, Adani Ports, BEL, and SBI managed to end in the green.

    In the broader markets, sentiment remained relatively firm with the Nifty MidCap index up 0.32% and the Nifty SmallCap index rising 1.14%.

    Sectorally, Nifty IT, Auto, and Pharma declined nearly 1%, while Nifty PSU Bank, FMCG, Media, Consumer Durables, and Chemicals also traded in the red.

    Global Cues

    Across Asia, markets traded in the red, mirroring the overnight sell-off on Wall Street. Mainland China’s CSI 300 slipped 0.11 per cent, while Hong Kong’s Hang Seng fell 0.41 per cent after US President Donald Trump approved H200 chip sales to China — a deal that includes a sizable share for the US government. Japan’s Nikkei declined 0.11 per cent, and South Korea’s KOSPI dropped 0.39 per cent.

    In the US, major indices ended lower on Monday. The Dow Jones fell 0.45 per cent, the S&P 500 dipped 0.35 per cent, and the Nasdaq closed 0.14 per cent lower. Investors now await this week’s Federal Reserve meeting, with the policy decision due on Wednesday.

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    News business markets Sensex Falls 435 Points, Nifty Ends At 25,840; SMIDs Outperform; IT Leads Fall
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