Stock markets decline in early trade dragged down by oil and gas shares, foreign fund outflows

admin — Tue, 05 Aug 2025 05:32:00 +0000

FIIs offloaded equities worth ₹2,566.51 crore while DIIs outnumbered the FIIs by purchasing equities worth ₹4,386.29 crore on August 4, 2025, according to exchange data.
| Photo Credit: PTI

Equity benchmark indices Sensex and Nifty declined in initial trade on Tuesday (August 5, 2025), dragged down by selling in oil & gas shares and persistent foreign fund outflows.

Investor sentiment was further dampened after U.S. President Donald Trump threatened to impose higher tariffs on India over its purchases of Russian oil.

The 30-share BSE Sensex declined by 315.03 points or 0.39% to 80,703.69 in early trade. The 50-share NSE Nifty went lower by 41.80 points or 0.17% to 24,680.95.

Among the Sensex firms, BEL, HDFC Bank, Reliance Industries, ICICI Bank, Infosys, Hindustan Unilever, Adani Ports, Mahindra & Mahindra, Asian Paints, and Tata Steel were the major laggards.

Maruti, State Bank of India, HCL Technologies, Axis Bank, UltraTech Cement, Tata Motors, Titan, NTPC and Bajaj Finance were among the gainers.

“The latest tweet from Mr. Trump that ‘I will be substantially raising U.S. tariffs on India’ for buying Russian oil is a big threat. If he walks his talk, India-U.S. relations will further strain, and the impact on India’s exports to the U.S. can be worse than thought earlier.

“India’s GDP growth and corporate earnings in FY26 will also be impacted. The market, still trading at elevated valuations, has not discounted such an eventuality. It remains to be seen how things evolve. India’s response, with facts, that ‘Targeting India is unjustified and unreasonable’ sends a message that India will not be making undue concessions and compromises,” V.K. Vijayakumar, Chief Investment Strategist at Geojit Investments, said.

This means the market is in uncharted territory in the near-term. If Mr. Trump raises tariffs in India further, the market will react negatively. Investors may wait and watch for the developments to unfold, he added.

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

The U.S. markets ended higher on Monday (August 4, 2025).

Global oil benchmark Brent crude dipped 0.33% to $68.53 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,566.51 crore while Domestic Institutional Investors (DIIs) outnumbered the FIIs by purchasing equities worth ₹4,386.29 crore on Monday (August 4, 2025), according to exchange data.

On Monday (August 4, 2025), the 30-share Sensex gained 418.81 points to settle at 81,018.72, and the NSE Nifty jumped by 157.40 points to close at 24,722.75.

Published – August 05, 2025 11:02 am IST

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Sensex, Nifty climb in early trade on global markets rally

admin — Fri, 24 Jan 2025 05:13:25 +0000

FIIs offloaded equities worth ₹5,462.52 crore on Thursday (January 23, 2025), according to exchange data File
| Photo Credit: Reuters

Stock market benchmark indices Sensex and Nifty climbed in early trade on Friday (January 24, 2025), tracking a firm trend in global markets.

The 30-share BSE benchmark Sensex climbed 282.35 points to 76,802.73 in early trade. The NSE Nifty went up by 86.7 points to 23,292.05.

From the 30-share blue-chip pack, Power Grid, UltraTech Cement, NTPC, Tata Steel, Asian Paints and Axis Bank were the major gainers.

Tata Motors, Sun Pharma, Zomato and Kotak Mahindra Bank were among the laggards.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the positive territory.

U.S. markets ended higher on Thursday (January 23, 2025).

U.S. President Donald Trump on Thursday (January 23, 2025) addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the U.S. while threatening them with tariffs if they don’t.

Addressing the forum’s Annual Meeting here through video conferencing, Mr. Trump also said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately.

“Throughout the world, food prices went through the roof,” he said, and he took immediate action to control inflation in America.

“I promise to eliminate 10 old regulations for every new regulation… I am going to pass the largest tax cuts in American history to help our people,” he said.

“The strength of the U.S. market with S&P 500 setting yet another record high and the 10-year U.S. bond yield remaining strong around 4.65% will continue to weigh on the Indian market,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹5,462.52 crore on Thursday (January 23, 2025), according to exchange data.

Global oil benchmark Brent crude dipped 0.19% to $78.14 a barrel.

The BSE benchmark index Sensex rose 115.39 points or 0.15% to settle at 76,520.38 on Thursday (January 23, 2025). The Nifty went up by 50 points or 0.22% to end at 23,205.35.

Published – January 24, 2025 10:43 am IST

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Stock markets decline in early trade dragged down by oil and gas shares, foreign fund outflows

Sensex, Nifty climb in early trade on global markets rally