Share Market News Today: Sensex Falls, Nifty Below 24,200 Amid Global Uncertainty - Read Now

Share Market News Today:Sensex drops 23 points to 79,980.70, Nifty falls below 24,200. Gainers include Mahindra & Mahindra, Wipro; Cipla, ONGC lead losers. Global trade tensions and Trump’s tariff plans impact investor sentiment.

 
Share Market News Today

Share Market News Today: The Indian equity market started on a subdued note today, with both the Sensex and Nifty trading in the red. As of the market opening, the Sensex fell by 23.36 points to trade at 79,980.70, while the Nifty slipped 5.7 points, settling at 24,188.75. This dip reflects cautious investor sentiment influenced by global and domestic factors.

Top Gainers and Losers in Focus

In the latest share market news today, key gainers in the Nifty index included Mahindra & Mahindra, Wipro, Coal India, Kotak Bank, and Tech Mahindra. These stocks witnessed upward momentum driven by positive business outlooks and sectoral growth.

Meanwhile, Cipla, ONGC, Tata Consumer Products, Bharti Airtel, and UltraTech Cement featured among the top losers. Cipla saw a drop in investor confidence amid sectoral weakness, while ONGC was impacted by falling crude oil prices.

Global Cues Affect Indian Markets

The share market news today indicates that global factors are heavily influencing Indian indices. Market analysts attribute the cautious opening to concerns over U.S. President-elect Donald Trump’s proposed trade tariffs. Trump’s plan to impose 25% tariffs on Mexican and Canadian imports and 10% tariffs on Chinese imports has unsettled global investors.

Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, commented, "Trump’s tariff policies could trigger trade tensions. While India is unlikely to face immediate effects, the trade surplus with the U.S. could put the country under scrutiny later."

Sectoral Performance: Share Market News Today

  • IT Sector: Stocks like Wipro and Tech Mahindra gained, supported by robust demand for IT services globally.
  • Pharma Sector: Cipla led the decline in this sector, highlighting the challenges Indian pharma companies face in global markets.
  • Banking Sector: Kotak Bank was among the top gainers, driven by expectations of strong financial performance and stable growth.
  • Energy Sector: ONGC slipped due to weaker crude oil prices and declining global demand.

Domestic Triggers to Watch

Apart from global cues, share market news today highlights domestic factors like corporate earnings and inflation data as key drivers. Investors are also keeping an eye on RBI’s monetary policy stance and its impact on liquidity and interest rates.

The auto sector saw a mixed performance, with Mahindra & Mahindra outperforming due to strong vehicle sales and growth in rural demand. On the other hand, Bharti Airtel faced pressure amid concerns over pricing competition in the telecom sector.

The share market news today underscores the need for investors to focus on stocks with strong fundamentals and growth potential. Sectors such as IT, banking, and autos are likely to provide relative stability amid market volatility.

Investors should also monitor developments around the global trade environment, particularly the impact of U.S. tariff policies on emerging markets like India. With markets remaining unpredictable, diversification and risk management are critical strategies for navigating the current landscape.

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