Indian Equities Fall Amid US Trade Deal Uncertainty and Foreign Portfolio Outflows
AI Summary1 min read
TL;DR
Indian stock markets declined due to foreign outflows, rupee weakness, and uncertainty over a US trade deal, with Sensex and Nifty dropping over 0.3%.
Tags
Indian stock marketforeign portfolio outflowsUS trade dealSensexNifty
The Indian stock market (Sensex and Nifty) opened lower due to foreign portfolio outflows, a weakening rupee, and uncertainty over a US trade deal. The Sensex fell 319 points, or 0.37%, and the Nifty dropped 98 points, or 0.38%, slipping below 26,000. Small-cap and mid-cap stocks also declined, while broader markets were under pressure. Investors await fresh catalysts and clarity on a potential India-US trade agreement.
