Stock Market Opens In Red; Nifty, Sensex Decline On Weak Global Signals

Sector-wise, IT, financial services, metals, media, services, and commodities witnessed notable declines. In contrast, FMCG, PSU banks, realty, and energy sectors were in the green

Analysts noted that the market is currently undergoing a short-term consolidation within an otherwise bullish primary trend

Source : ABPLIVE AI

The Indian stock market began the week on a weak note, opening in the red on Monday, weighed down by negative cues from global markets. As of 9:30 am, the BSE Sensex had fallen 676.86 points or 0.83 per cent to 80,774.15, while the NSE Nifty dropped 181.15 points or 0.74 per cent to 24,568.25.

Broader markets also witnessed selling pressure. The Nifty Midcap 100 slipped 104 points or 0.18 per cent to 57,315, and the Nifty Smallcap 100 was down 69 points or 0.39 per cent at 17,813.

Top Gainers And Losers

Among Sensex constituents, HUL, Adani Ports, IndusInd Bank, Nestle, SBI, Eternal (Zomato), Asian Paints, and Power Grid were the top performers. On the other hand, HDFC Bank, HCL Tech, Reliance Industries, Bajaj Finance, Infosys, Tata Steel, and Tech Mahindra led the losses.

Sectoral Performance

Sector-wise, IT, financial services, metals, media, services, and commodities witnessed notable declines. In contrast, FMCG, PSU banks, realty, and energy sectors were in the green.

Market Sentiment & Economic Outlook

Analysts noted that the market is currently undergoing a short-term consolidation within an otherwise bullish primary trend.

"US President Donald Trump’s 50 per cent tariffs on steel and aluminium is a clear message that the tariff and trade scenario will continue to be uncertain and turbulent,” said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

However, domestic fundamentals are showing strength, with Q4 GDP growth surprising on the upside at 7.4 per cent, reinforcing optimism around India’s economic outlook.

Trends in consumption and capital expenditure, along with low inflation and expectations of continued rate cuts, point toward sustained growth in FY26, according to analysts.

Global Market Overview

Asian markets were largely under pressure. Tokyo, Hong Kong, Jakarta, and Seoul were trading lower. Shanghai remained closed due to a public holiday.

On Wall Street, US indices ended mixed on Friday, with the Dow Jones gaining 0.31 per cent, while the Nasdaq edged down 0.32 per cent.