Indian Stock Market: Sensex Crashes 800 Points, Nifty Below 24,800 as Markets Turn Red

The Indian stock market opened lower on Tuesday, with both Sensex and Nifty falling sharply. This drop came after weak signals from Asian markets and increased concerns over global trade and domestic data.

At around 10 am, the Sensex dropped 820 points to 81,356, while the Nifty slipped 239 points to 24,762. The decline ended a two-day rally and reflected cautious investor sentiment.

Also Read: Rakesh Gangwal Sells Rs.11,928 Cr Stake in IndiGo: What It Means for Investors

Why Did the Stock Market Fall Today?

1. Weak Signals from Asian Markets

Most Asian stock markets were down today. South Korea’s Kospi, Japan’s Nikkei, Hong Kong’s Hang Seng, and China’s Shanghai Composite all traded in the red. This happened after U.S. President Donald Trump delayed a 50% tariff on EU imports, creating more uncertainty in global trade.

2. Important Economic Data Ahead

Investors are cautious because India is set to release key economic numbers like industrial production and GDP this week. Many traders chose to wait and watch rather than take risks before these figures are released.

3. Volatility on the Rise

The India VIX, which shows market fear and volatility, jumped nearly 6% to 19.05. This rise shows that traders are feeling more nervous and uncertain about upcoming market movements.

4.  IT and Finance Stocks Fall

Selling pressure was strong in IT and banking stocks. The Nifty IT index dropped 1%, and financial sectors like Nifty Bank and PSU Bank also saw losses. Global concerns around trade are affecting these sectors the most.

5. Uncertainty in Global Trade

Although President Trump postponed the new EU tariffs, the ongoing unpredictability in U.S. trade policy is making investors uneasy. Markets are waiting for further updates before making bold moves.

6. Rising Geopolitical Tensions

Tensions increased after Germany allowed Ukraine to target Russian territory, which led to more aerial attacks from Russia. These developments are adding to the global risk and are one reason why markets across the world are falling.

Top Losing Stocks

Some of the top stocks that saw a decline include:

• UltraTech Cement
• Grasim Industries
• Mahindra & Mahindra
• Tata Consumer Products
• ICICI Bank

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