Sensex Today: Indian equity markets deepened their losses after a muted start on Tuesday, as investors remained cautious amid escalating global tensions. Stock-specific moves, however, continued in the ongoing
Q3 earnings season.
At around 9:45 AM, the BSE Sensex was trading near 82,900, down 346 points or 0.42 per cent, while the Nifty50 slipped 118 points or 0.46 per cent to 25,467.
Bajaj Finance, IndiGo, Asian Paints, Bajaj Finserv, Tech Mahindra, Eternal, Trent, Bharti Airtel, Sun Pharma, TCS, Power Grid, HCL Tech, Axis Bank, HDFC Bank and Infosys were among the top laggards on the Sensex, falling by as much as 3 per cent.
In the broader market, the Nifty Midcap index declined 1.31 per cent, while the Nifty Smallcap index lost 1.28 per cent.
Sectorally, all indices were trading in negative territory, led by Nifty Realty (down 2.2 per cent), followed by Nifty IT (1.3 per cent) and Nifty Auto (0.9 per cent).
Global Cues
Asian markets extended their decline, led by losses in Japan’s Nikkei 225 and South Korea’s Kospi. Sentiment in Japan also remained fragile after Prime Minister Sanae Takaichi formally called for an early general election next month.
Wall Street remained shut overnight on account of the Martin Luther King Jr. Day holiday.
