Sensex Dips 100 Points, Nifty Flat Ahead of India-EU FTA; Adani Ports Gains, M&M Slides
Indian markets opened Tuesday largely flat, tracking developments around the expected India–EU free trade agreement.
The BSE Sensex began at 81,436.79, down 100.91 points, while the Nifty50 opened at 25,063.35, up 14.70 points.
Top Movers:
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Gainers: Axis Bank, UltraTech Cement, Adani Ports
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Losers: Kotak Mahindra Bank, Eternal, M&M
The broader market showed mild weakness, with the Nifty SmallCap 100 falling 0.26% and the Nifty MidCap 100 slipping 0.13%.
Global Markets:
Asian indices were mixed after US tariff concerns resurfaced following Donald Trump’s warning of higher duties on South Korea. South Korea’s KOSPI rose 0.7% after an early dip, while Japan’s Nikkei 225 edged up 0.1%.
Meanwhile, US stocks ended higher on Monday ahead of major earnings reports and the Federal Reserve’s interest rate decision later this week. S&P 500 gained 0.50%, Nasdaq Composite rose 0.43%, and Dow Jones climbed 0.64%.
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