Synopsis : Indian stock markets extended their sharp sell-off as the Sensex plunged over 750 points and the Nifty drifted close to the 25,000 mark, with all major sectors trading in the red. Rising global uncertainty and weak cues from Wall Street pushed the India VIX up nearly 10%, reflecting heightened investor fear.
Indian equity markets remained under heavy pressure on Wednesday, extending the sharp sell-off witnessed in the previous session. Investors stayed risk-averse amid escalating global tensions and weak international cues, triggering another round of broad-based selling across sectors.
At mid-morning, the BSE Sensex was hovering near 81,878, while the NSE Nifty50 traded around 25,153, both lower for the day. Market volatility surged sharply, with the India VIX jumping close to 10%, indicating growing uncertainty and nervousness among investors.
Heavyweights Drag the Benchmarks
Key frontline stocks including ICICI Bank, Trent, BEL, L&T, NTPC, Bharti Airtel, Power Grid, HCL Technologies, TCS, Asian Paints, and SBI were among the top drags, slipping up to 1%. Persistent selling in banking, IT, and infrastructure stocks kept the indices under pressure.
On the positive side, selective buying was visible in Eternal, Sun Pharma, Ultratech Cement, Tech Mahindra, Tata Steel, ITC, M&M, Bajaj Finserv, HUL, Titan, and IndiGo, though these gains were insufficient to offset broader market weakness.
Broader Markets Remain Weak
The pain was equally visible in the broader market. The Nifty MidCap index fell around 0.94%, while the Nifty SmallCap index slipped about 0.56%, reflecting reduced risk appetite among investors and continued liquidation in high-beta stocks.
Sectoral Performance
Sector-wise, most indices traded in negative territory. The Nifty IT index declined nearly 1%, while the Nifty Realty index fell about 0.8%, as concerns over global demand and interest rate sensitivity weighed on sentiment.
Meanwhile, a few pockets offered marginal support, with the Nifty Metal index rising about 0.3%, followed by modest gains in the Nifty Pharma and PSU Bank indices.
Global Markets Add to the Pressure
Asian markets remained weak after fresh geopolitical concerns emerged following US President Donald Trump’s warning to European nations over the Greenland issue. Japan’s Nikkei slipped despite a rebound in bond markets.
On Wall Street, US equities recorded their worst session since last year’s April crash, with the S&P 500 and Nasdaq closing over 2% lower, further dampening global investor sentiment.
Market Outlook
With volatility elevated and global uncertainties dominating headlines, analysts expect markets to remain choppy in the near term. Investors are advised to stay cautious, avoid aggressive leveraged positions, and focus on fundamentally strong stocks until stability returns.
Disclaimer : This article is for informational purposes only and does not constitute financial or investment advice. Market investments are subject to risk. Please consult a certified financial advisor before making any investment decisions.
