Sensex Today | Stock Market Highlights: The Sensex closed 37 points lower at 73,869, while the Nifty settled 14 points down at 22,442, snapping a two-day winning streak. While select financials and auto stocks lent some support, losses in IT and FMCG counters capped gains. The broader markets outperformed the benchmarks, with the Nifty Midcap 100 rising 0.4% and the Smallcap 100 adding nearly 1%.
Sensex Today | Stock Market Highlights: Indian benchmark indices ended marginally lower on Tuesday as investors weighed mixed corporate earnings and a fresh statement from US President Donald Trump on imposing new tariffs.
Global markets turned jittery after Trump, during a weekend campaign event, reiterated plans to impose a 10% across-the-board tariff on all imports if he returns to the White House. The comment triggered concerns over global trade disruptions, prompting a mild risk-off tone across Asian and European equities.
On the earnings front, results remained a mixed bag. While a few large-cap companies posted better-than-expected numbers, others missed estimates, leading to stock-specific volatility. Among sectoral indices, the Nifty IT index slipped over 1%, dragged by weakness in heavyweight stocks. FMCG and pharma also ended in the red. Meanwhile, PSU banks, auto, and realty stocks saw buying interest.