D-Street has worries, but losses stay limited

Synopsis

NSE's Nifty fell 82.25 points, oregon 0.35%, to adjacent astatine 23,250.1. BSE's Sensex declined 322.08 points, oregon 0.4%, to extremity astatine 76,295.36. Both had fallen arsenic overmuch arsenic astir 1% earlier successful the day.

Mumbai: India's equity indices weakened connected Thursday successful effect to the reciprocal tariffs by the US, but losses were constricted arsenic investors judged that the interaction of the determination connected the system would beryllium mixed.

Auto and IT shares were the laggards, portion power, pharma and depletion stocks remained steady.

NSE's Nifty fell 82.25 points, oregon 0.35%, to adjacent astatine 23,250.1. BSE's Sensex declined 322.08 points, oregon 0.4%, to extremity astatine 76,295.36. Both had fallen arsenic overmuch arsenic astir 1% earlier successful the day.

Elsewhere successful Asia, Japan tumbled 2.8%, China declined 0.2%, Hong Kong fell 1.5%, South Korea declined 0.8%, and Taiwan roseate 0.1%. The pan-Europe scale Stoxx 600 was down 2.3% astatine the clip of going to print.

Foreign portfolio investors extended their selling streak for the 3rd consecutive day, offloading shares worthy ₹2,806 crore connected Thursday. Domestic institutions were buyers worthy ₹221.5 crore.

The broader markets remained steadier, with the Nifty Midcap 150 gaining 0.2% and Nifty Small-cap 250 advancing 0.7% connected Thursday.

Out of the full 4,123 stocks traded connected BSE, 2,788 precocious and 1,212 declined astatine close.

The Nifty Volatility Index, oregon VIX, fell 0.9% to 13.6 levels, indicating immoderate alleviation among traders successful the adjacent term.

...moreless

...moreless