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India Markets Close Lower on Global Headwinds
Sensex and Nifty close modestly lower amid global tension and sector rotation.
The Indian equity markets ended in the red, with BSE Sensex closing down ~174 points (–0.21 %) at 82,327.05 and NSE Nifty sliding ~58 points (–0.23 %) to 25,227.35. IT and FMCG sectors led losses, while power and banking offered limited support. Broader smallcap and midcap indices also dipped. Trade fears from U.S.–China tensions weighed heavily. Trading volumes were muted, and the rupee ended near 88.67 per USD after RBI intervened subtly.