Synopsis : Indian markets paused their six-day winning streak as investors turned cautious ahead of key U.S. economic data that could influence Fed rate expectations.
Sectoral weakness across metals, realty, tech, and midcaps weighed on indices, while global markets also traded in the red.
Stock Market LIVE : Sensex & Nifty Lose Momentum — Full Article
Indian equities opened on the back foot on Tuesday, ending a strong six-session winning run as global uncertainty prompted investors to step back. The Sensex slid over 200 points, and the Nifty50 slipped below 25,950, reflecting rising caution ahead of crucial U.S. economic readings that may shape expectations of a possible Federal Reserve rate cut next month.
Sectoral Pressure Dominates
Most sectors showed mild negativity, with noticeable weakness in:
Metals
Realty
Mid-sized companies
Consumer goods
Technology stocks
Despite the weakness, banking pockets remained relatively stable, with selective strength seen in media stocks and public-sector lenders. This offered limited cushioning but wasn’t enough to offset the broader softness.
Market sentiment now leans cautious and consolidative, signaling traders are waiting for global triggers rather than pushing for fresh highs.
Global Market Snapshot
Global cues added further pressure as major indices in Asia and Europe traded with cuts:
S&P 500 futures: Flat
Japan’s Topix: –1.5%
Australia’s S&P/ASX 200: –1.6%
Hong Kong’s Hang Seng: –1.1%
Shanghai Composite: –0.5%
Euro Stoxx 50 futures: –0.7%
The broad-based decline across global benchmarks reinforced the cautious mood in Indian markets.
Disclaimer : This article is for information only and should not be treated as financial or investment advice. Always consult a professional advisor before making investment decisions.
