Last Updated on September 24, 2025 10:53 pm by BIZNAMA NEWS
BIZNAMA
Indian stock markets extended their losing streak for a fourth straight day on Wednesday, with both benchmark indices closing in the red. The decline was attributed to broad-based selling across most sectors, driven by continued foreign investor outflows and concerns over high domestic valuations.
Market Performance
- Benchmark Indices: The BSE Sensex ended the day down 386 points (0.47%) at 81,716, while the Nifty50 fell 113 points (0.45%) to close at 25,057.
- Broader Market: The weakness was not confined to large-cap stocks. The Nifty MidCap index slid 0.98%, and the Nifty SmallCap index dropped 0.67%, indicating a widespread sell-off.
- Key Stocks: Among the top losers on the Nifty index were Tata Motors, Bharat Electronics, Adani Enterprises, Wipro, and Jio Financial Services, with their share prices falling between 1% and 2.6%.
Sector-wise Analysis
The selling pressure was most pronounced in specific sectors, while one sector managed to buck the trend.
- Top Laggards:
- Nifty Realty was the biggest loser, dropping 2.5%.
- Nifty Auto declined by 1.15%, likely due to profit-booking after a recent rally.
- Nifty Private Bank also faced significant selling, falling 0.8%.
- Gaining Sector: The Nifty FMCG index was the only one to close in the green, posting a modest gain of 0.18%. This was likely supported by gains in stocks like Hindustan Unilever and other consumer goods companies.
Driving Factors
- Global Cues: The negative sentiment was partly a result of weak performance on Wall Street, influenced by comments from the US Federal Reserve Chair on inflation and asset valuations.
- Foreign Outflows: Persistent selling by Foreign Portfolio Investors (FPIs) continues to be a major headwind for the market. On Tuesday, FPIs sold equities worth Rs 3,551 crore, offsetting purchases by Domestic Institutional Investors (DIIs).
- Other Concerns: Analysts note that stretched domestic valuations and ongoing geopolitical uncertainties, including visa curbs from the US, are also contributing to the cautious mood among investors.
