Sensex dropSENSEX DROP

Last Updated on October 31, 2025 9:07 pm by BIZNAMA NEWS

BIZ DESK

Indian equity benchmarks ended lower on Thursday as weak global cues and profit booking weighed on investor sentiment. The Sensex fell 466 points, or 0.55 per cent, to close at 83,939, while the Nifty slipped 156 points, or 0.60 per cent, to settle at 25,722. After a weak start, both indices briefly turned positive during intraday trade but failed to sustain gains, closing in the red for the second consecutive session.

In the broader markets, selling pressure persisted. The BSE Mid-Cap index declined 0.53 per cent, and the Small-Cap index ended 0.4 per cent lower, reflecting cautious investor mood across segments.

Sector-wise Performance

Banking and Financials:
The financial sector led the decline, with heavyweights such as HDFC Bank, ICICI Bank, Kotak Mahindra Bank, and Bajaj Finserv falling sharply — losing between 2 to 3.5 per cent. The Nifty Bank index dropped over 1 per cent as profit booking intensified after recent gains.

Energy and PSU Stocks:
Contrary to the broader trend, energy counters showed resilience. The Nifty Oil & Gas index managed marginal gains of 0.07 per cent, supported by ONGC and Reliance Industries. PSU stocks also performed relatively better, with the Nifty PSU Bank index advancing 1.5 per cent, led by State Bank of India and Bank of Baroda.

IT and Industrials:
Technology and infrastructure stocks were mixed. TCS and Larsen & Toubro remained among the few Sensex gainers, providing partial support to the indices.

Broader Market View:
Analysts noted that global market weakness, rising US bond yields, and foreign investor outflows continue to weigh on sentiment. They expect near-term volatility to persist ahead of key macroeconomic data and corporate earnings announcements next week.

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