Benchmark equity indices Sensex and Nifty fell in early trade on Tuesday (July 29, 2025), extending their downward journey to the fourth day running, amid uncertainty related to the India-U.S. trade deal and persistent foreign fund outflows.

The 30-share BSE Sensex dropped 270.77 points to 80,620.25 in opening trade. The 50-share NSE Nifty dipped 71.25 points to 24,609.65.

From the Sensex firms, Eternal, Infosys, Bharat Electronics, ICICI Bank and Asian Paints were among the biggest laggards.

However, Reliance Industries, Tata Motors, HCL Tech, Bharti Airtel and Trent were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹6,082.47 crore on Monday (July 28, 2025), according to exchange data.

“There are more headwinds than tailwinds for the market now. The major issue weighing on markets is that the expected trade deal between India and the U.S. has not happened so far and the probability of a deal before the August 1 deadline is becoming lower. Sustained FII selling is impacting the market despite the DIIs (Domestic Institutional Investors) buying,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

In Asian markets, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng traded lower while South Korea’s Kospi quoted in positive territory.

The U.S. markets ended on a mixed note on Monday.

Global oil benchmark Brent crude traded 0.04 % up at $70.07 a barrel.

Stock markets declined for the third day on Monday (July 28, 2025).

The Sensex tanked 572.07 points or 0.70% to settle at 80,891.02 on Monday. The Nifty declined 156.10 points or 0.63% to 24,680.90.

Benchmark equity indices Sensex and Nifty declined in early deals on Monday (July 28, 2025) dragged down by heavy selling pressure in Kotak Mahindra Bank and uncertainty related to the India-US trade deal.

Persistent foreign fund outflows and weak trends in Asian markets also hit investors’ sentiment.

The 30-share BSE Sensex dropped 369.58 points to 81,093.51 in early trade. The 50-share NSE Nifty declined 104.3 points to 24,732.70.

From the Sensex firms, Kotak Mahindra Bank tumbled nearly 7% after the company on Saturday reported a consolidated net profit of ₹4,472 crore for the June quarter, and flagged stress on the retail commercial vehicle portfolio due to adverse macroeconomic conditions.

The profit in the year-ago period was ₹7,448 crore, but it had included gains of over ₹3,000 crore on its stake sale in the general insurance arm, while the net profit for the March quarter stood at ₹4,933 crore.

Tata Consultancy Services, Bharti Airtel, Infosys and Eternal were also among the laggards.

However, Tata Motors, Bajaj Finserv, UltraTech Cement and Power Grid were among the gainers.

“Negative news and triggers have pushed the Nifty to a one-month low, and market sentiments continue to be unfavourable. While trade deals with Japan and EU, thought to be difficult initially, have happened, the much expected India-US trade deal is even now hanging fire. This has impacted market sentiments,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

Vijayakumar further added that the sharp cut in the IT index has been dragging the market down, and there is no respite in this in view of the 2 per cent cut in its global workforce announced by TCS.

FII selling of ₹13,552 crore in the cash market last week has added to the weakness in the market, he said.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index traded lower while Hong Kong’s Hang Seng quoted in positive territory.

The US markets ended higher on Friday.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,979.96 crore on Friday, according to exchange data.

Global oil benchmark Brent crude climbed 0.29% to $68.64 a barrel.

On Friday (July 25, 2025), the Sensex tanked 721.08 points or 0.88% to settle at over a month’s low of 81,463.09. The Nifty dropped 225.10 points or 0.90% to a month’s low of 24,837.