At 10.30 am, the BSE Sensex was down 1.1% astatine 75,465, portion the broader NSE Nifty 50 declined 1.06% to 22,826. (File Photo)
Benchmark Sensex and Nifty continued to its autumn connected Wednesday with some down by implicit 1 per cent amid fears of US President Donald Trump slapping reciprocal tariffs connected aggregate countries, including India.
The BSE Sensex was down 1.1% astatine 75,465, portion the broader NSE Nifty 50 declined 1.06% to 22,826.
In the past 5 days, the BSE bellwether gauge has slumped 2,290.21 points oregon 2.91 per cent, portion the Nifty tanked 667.45 points oregon 2.81 per cent.
From the 30-share blue-chip pack, Mahindra & Mahindra, Zomato, Reliance Industries, Axis Bank, IndusInd Bank, Asian Paints, ITC and Adani Ports were the biggest laggards.
Tata Consultancy Services, Infosys, Tech Mahindra, HCL Tech and Hindustan Unilever were among the gainers.
Foreign Institutional Investors (FIIs) offloaded equities worthy Rs 4,486.41 crore connected Tuesday, according to speech data.
“Dalal Street is gripped by pessimism arsenic fears equine implicit further declines if Nifty slips beneath the important 23,000-mark. Key factors weighing connected sentiment see Rs 1 lakh crore successful FII outflows this twelvemonth and ongoing concerns astir Trump’s tariff threats,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.
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In Asian markets, Shanghai quoted little portion Seoul, Tokyo and Hong Kong were trading successful the affirmative territory US markets ended mostly higher connected Tuesday.
With inputs from PTI
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