Synopsis : Indian equities extended their losing streak for the fifth straight session on Thursday, with Sensex slipping 150 points. Broader market cues were mixed as selective strength in metals and energy offset weakness in autos and realty.
The Indian stock market traded lower on Thursday, with benchmark indices continuing their downward trajectory for the fifth consecutive session. At mid-session, the BSE Sensex slipped around 150 points, while the NSE Nifty managed to hold the crucial 25,000 mark, reflecting investor caution amid persistent foreign fund outflows and concerns over U.S. visa curbs.
Sector-wise, market performance remained uneven. Autos, IT, realty, banks, FMCG, and financial services dragged indices lower, while metals, energy, oil & gas, and healthcare provided selective support. Mid- and small-cap stocks also showed resilience, cushioning some of the broader market weakness.
Investor sentiment has been weighed down by regulatory headwinds and global uncertainties, though selective buying in defensives like energy and healthcare hinted at cautious optimism.
Global Market Updates:
S&P 500 futures rose 0.2% as of 12:34 p.m. Tokyo time
Japan’s Topix gained 0.4%
Australia’s S&P/ASX 200 rose 0.2%
Hong Kong’s Hang Seng climbed 0.4%
The Shanghai Composite added 0.2%
Euro Stoxx 50 futures were little changed
Analysts suggest that continued volatility is likely in the near term, with global developments and fund flows remaining key drivers for Indian equities.
Disclaimer : This article is for informational purposes only and should not be considered financial advice. Investors are advised to consult professional financial advisors before making any investment decisions.
