Stock Market Live: Nifty, Sensex Trade Lower As HDFC Bank, Infosys Share Prices Drag
Nifty and Sensex trade lower amid US tariff concerns and weak global cues.
The Indian stock market is trading lower on Monday, with the Sensex and Nifty indices plunging more than 1% as concerns over US tariffs and weak global cues weighed on investor sentiment. The Sensex, which opened at 48,355, fell 400 points to 47,925, while the Nifty, which opened at 13,530, fell 120 points to 13,400. Key stocks such as HDFC Bank and Infosys led the charge lower.
Why is the Stock Market Falling Today?
The stock market has been facing headwinds since the start of the year, with concerns over rising US-China trade tensions and weak global economic growth weighing on investor sentiment. Today, concerns over potential US tariffs on Indian goods have also contributed to the decline.
Key Highlights:
- Sensex and Nifty indices trade lower, with the Sensex falling 1% to 47,925 and the Nifty falling 1% to 13,400.
- Key stocks such as HDFC Bank and Infosys lead the charge lower, with HDFC Bank falling 2% to 2,180 and Infosys falling 1.5% to 1,470.
- Concerns over US tariffs on Indian goods and weak global economic growth weigh on investor sentiment.
Reactions:
- "The market is facing headwinds due to global cues and concerns over US tariffs. We expect the market to be volatile for the next few days," said a leading broker.
- "The decline is not unexpected, but investors should be cautious and focus on quality stocks rather than speculating on the market’s direction," said a financial expert.
Conclusion:
The Indian stock market is trading lower amid concerns over US tariffs and weak global cues. Key stocks such as HDFC Bank and Infosys have led the charge lower, while the Sensex and Nifty indices have fallen 1% and 1% respectively. Investors are advised to be cautious and focus on quality stocks rather than speculating on the market’s direction.
Keywords:
- Nifty
- Sensex
- HDFC Bank
- Infosys
- US tariffs
- Global cues
- Investor sentiment
- Stock market
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