Indian equity markets closed deep in the red on Tuesday as persistent selling pressure across sectors dragged benchmark indices sharply lower, pushing the Nifty below the crucial 25,250 level.
The BSE Sensex tumbled 1,065.78 points, or 1.28 per cent, to finish the day at 82,180.47, while the NSE Nifty slipped 353 points, or 1.38 per cent, to end at 25,232.50. The broad decline reflected a risk-off mood among investors amid weak global signals and continued institutional outflows.
Markets opened on a subdued note and failed to find meaningful support throughout the session. Selling intensified as the day progressed, with traders opting to book profits and stay on the sidelines amid uncertainty in global markets.
Sectoral performance highlighted the widespread nature of the sell-off. Realty stocks led the losses, followed closely by Consumer Durables, Auto, IT, Metal and Pharma shares. The lack of sectoral support kept the indices under sustained pressure, preventing any meaningful recovery attempt.
Market participants remained cautious, citing concerns over global economic cues and foreign institutional investor activity as key factors influencing sentiment. With volatility picking up, investors are expected to closely track upcoming global developments and domestic triggers for direction in the near term.
