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Sensex, Nifty Fall Amid Weak Global Trends; Metal, Oil & Gas Stocks Hit Hard

India’s stock markets faced a downturn on Monday as weak global trends and declining Asian markets weighed on investor sentiment.

Mumbai: India’s stock markets faced a downturn on Monday as weak global trends and declining Asian markets weighed on investor sentiment.

Benchmark Indices Struggle

At the closing bell, the BSE Sensex dropped 319.22 points (0.41%) to settle at 77,186.74, while the Nifty declined 121.10 points (0.52%) to close at 23,361.05.

US Tariffs Impact Indian Markets

The decline in Indian markets was triggered by US President Donald Trump’s decision to impose a 25% tariff on imports from Canada and Mexico, along with a 10% duty on Chinese goods. Trump defended these measures as necessary to protect American borders and curb illicit activities.

Sectoral Performance

Out of 50 constituent stocks on Nifty, 35 closed in the red, as the exchange remained negative throughout the session.

Top Losers on NSE

  • Larsen & Toubro
  • Tata Consumer
  • Hero MotoCorp
  • Coal India
  • Bharat Electronics
    (Losses extended up to 4.67%)
Sensex, Nifty Fall Amid Weak Global Trends; Metal, Oil & Gas Stocks Hit Hard

Top Gainers on NSE

  • Bajaj Finance
  • Shriram Finance
  • Mahindra & Mahindra
  • Wipro
  • Bajaj Finserv
    (Gains recorded up to 5.12%)

Sectoral Performance Overview

Most sectors ended in the red, except:

  • IT Sector (+0.39%)
  • Consumer Durables (+0.33%)

Biggest Losers:

  • Metal Stocks (-3%)
  • Oil & Gas Stocks (-2.80%)

Other sectors facing pressure:

  • FMCG (-2.14%)
  • PSU Banks (-2.02%)
  • Realty (-1.20%)
  • Nifty Bank Index (-0.61%)

The broader markets struggled as well:

  • BSE SmallCap Index fell 1.85%
  • BSE MidCap Index lost 1.29%

Market Volatility Increases

India’s market volatility index, India VIX, rose 2.30% to 14.42, indicating increased uncertainty in the market.

Fouzia Farhana

Fouzia Farhana, with a decade of editorial expertise, specializes in science, education, and health journalism. As an editor at Munsif News 24x7, she drives the English website’s afternoon-to-evening news cycle, delivering insightful, reader-friendly content. Known for award-winning public health campaigns and advocating equitable education, her work sparks informed conversations on critical issues.
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