- Nifty 50 lost 1.38%, closing at 25,232 with a Rs 3 lakh crore market cap drop
- 48 Nifty stocks declined, 23 fell over 2%, top losers included Bajaj Finance and Jio
- US tariff uncertainty and trade-war fears triggered global sell-offs and higher yields
Companies part of the blue-chip Nifty 50 shed nearly Rs 3 lakh crore on Tuesday as the index ended the session with a loss of 1.38% or 353 points at 25,232 amid broad-based selling pressure across sectors. On the Nifty, 48 stocks declined, with 23 falling over 2%. Eternal Ltd., Bajaj Finance Ltd., and Jio Financial Services Ltd. were the top losers on the index.
Intraday, both Nifty and Sensex fell nearly 1.50%, worst intraday fall since 7th April 2025.
Renewed US tariff uncertainty revived trade-war fears, lifting Treasury yields and triggering global sell-offs that dragged Indian equities lower. Market volatility is expected to persist until clarity emerges on the US–Europe tariff standoff over Greenland, with geopolitical and geoeconomic factors continuing to drive market direction.
Nifty 50 at close.
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All sectoral indices closed in the red amid broad-based risk aversion. Realty led the fall with a 5% drop, while Auto, IT, Media, Metal, PSU Bank, Pharma, Oil & Gas, and Consumer Durables declined 1.5–2.5%. Midcap and small-cap indices declined more than 2.5% each.
The market breadth was skewed in the favour of sellers, as 3,496 stocks declined, 786 advanced and 130 remained unchanged on the BSE.
On the weekly expiry day, Nifty began on a negative note and as prices broke below key support levels, a cascading sell-off ensued, leading to sharp declines through the session. Over the last 15 days, Nifty has erased more than 1,100 points and in the process has broken multiple key support levels, indicating that weakness may persist in the near term, according to Rajesh Bhosale, equity technical analyst at domestic brokerage firm Angel One Ltd.
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