Indian stock markets are clearly on edge. For the fourth straight session, the Sensex and Nifty extended their losing streak as worries over possible US tariffs, triggered by fresh comments from former US President Donald Trump, combined with continued foreign investor selling, rattled investor confidence.
The sell-off turned sharp during the session, with the Sensex sliding up to 1% and the Nifty dropping 1.07%, marking their worst single-day fall since December 8. In just four trading days, the Sensex has lost nearly 1,600 points, while the Nifty is down about 470 points.
By market close, losses remained deep. The Sensex ended 780 points lower (0.92%) at 84,180.96, and the Nifty50 fell 264 points (1.01%) to 25,876.85. Heavyweights such as TCS, Hindalco and JSW Steel led the decline, falling up to 2%. Only a handful of stocks bucked the trend, with ETERNAL and Adani Ports gaining up to 1%. Overall, market mood stayed weak, as declining stocks outnumbered advancing ones.