Stock Market Slips: Sensex Falls 346 Points, Nifty Down 124 Amid US Market Weakness, Infosys Sell-Off
Indian stock markets opened lower on Tuesday, dragged down by weak global cues and heavy selling in Infosys. The Sensex dropped 346 points (0.47%) to 73,768, while the Nifty fell 124 points (0.56%) to 22,335.
Top Losers: IndusInd Bank, Infosys, Mahindra & Mahindra, Zomato, Bajaj Finserv, UltraTech Cement, Tech Mahindra, Adani Ports, Tata Steel, Kotak Mahindra Bank, and HDFC Bank.
Top Gainers: Sun Pharma, ICICI Bank, Nestle India, Bharti Airtel, NTPC, and Titan.
The sell-off comes after US markets crashed overnight, with the S&P 500 down 2.6% and the Nasdaq plunging 4%, amid concerns over Trump’s trade tariffs and a possible US recession.
Asian markets also traded in the red, with Tokyo, Shanghai, Hong Kong, and Seoul seeing declines.
Meanwhile, FIIs sold ₹485 crore worth of equities, while DIIs bought ₹263 crore on Monday.
Stay tuned for more updates! 🚀
