“Markets Slip: Sensex Falls 100 Points, Nifty Struggles Around 25,000; Auto & Realty Hit Hard”

Benchmark indices Sensex and Nifty50 slipped for the fifth consecutive session on Wednesday, weighed down by mixed global cues.

The BSE Sensex opened at 81,574.31, down 141.32 points, while the Nifty50 started at 25,034.50, down 22.4 points. On the BSE, Hindustan Unilever, HDFC Bank, and NTPC were the top gainers, while Tata Motors, Bajaj Finance, and Kotak Mahindra Bank led the losses. On the NSE, Hindalco, Nestle, and Bharti Airtel gained, whereas Tata Motors, Bajaj Finance, and Maruti dragged the index lower. Broader markets edged higher marginally.

The Nifty MidCap 100 rose 0.03%, while the Nifty SmallCap 100 gained 0.02%.

Sectorally, Nifty Auto and PSU Bank indices were the top drags, falling 0.54% and 0.32%, respectively. On the upside, Nifty FMCG and Pharma rose 0.45% and 0.29%, leading gains.

VK Vijayakumar, Chief Investment Strategist at Geojit Investments, said:
“Markets have been drifting lower in the absence of immediate triggers, though auto stocks remain bullish on expected earnings growth.

Sustained FII selling has been a significant drag, with Indian equities underperforming global peers—Nifty down 3.6% year-on-year versus gains of 38.6% in Hang Seng and 33.7% in Kospi—largely due to India’s high valuations. However, ongoing reforms and a low-interest-rate environment could support growth and eventually draw FIIs back, making this an opportune time to accumulate high-quality stocks with patience.”