Stock market live updates: In India, the benchmark indexes fell on Thursday, ending a three-day rally as investors hoped to make profits in the ascendancy. The Sensex lost more than 350 points, and the Nifty fell below the 25,700 mark due to weak global signals, sharp selling in metals and realty stocks, and increased risk aversion. Broader markets also continued to see volatility in commodities and cryptocurrencies.
Author: Akshita Jain | EQMint | Market News
On Thursday, Indian equity markets were weak and continued to lose through the morning session due to high profit booking and global risk-off sentiment that dampened investor confidence. The BSE Sensex fell over 350 points today in the live stock market updates, and the NSE Nifty50 fell below the psychologically important 25,700 level.
The decline followed a rally in the previous three sessions, as market participants decided to stall gains based on uncertainties about global macro signals, commodity prices, and persistent selling by foreign investors.
Sectoral Pressure Weighs on Benchmarks
The decline was driven by metals, realty, auto and consumption-linked stocks. Especially, metal stocks were weak after the sharp crash in global silver and gold prices hit mining and commodity-linked companies.
Real estate stocks fell into trouble due to valuation concerns and rising bond yields, while auto and consumer discretionary names resisted selling due to fears of demand moderation. Sectors of defence, such as PSU banks and media, provided limited support, but not strong enough to offset losses elsewhere.
Market experts noted that investors are cautious because there are no new positive triggers at higher levels. “It is clear that the market is in a phase of consolidation, with sharp sectoral divergence and limited index-level movements,” said VK Vijayakumar, Chief Investment Strategist at Geojit Investments.
Global Cues Add to Risk Aversion
The weak domestic sentiment also put pressure on global markets. In Asia, the Japanese Topix, the Hong Kong Hang Seng and the Chinese Shanghai Composite were all trading lower during Indian market hours. European equity futures also signalled a slow start, while US stock futures fell as concerns over high-tech stock prices remained high.
Wall Street lost ground overnight after fears about artificial intelligence-driven valuations led to a sell-off in US tech stocks. The risk-off mood went deeper into emerging markets, such as India.
Commodities and Crypto Deepen Volatility
Commodities exacerbated market volatility, with precious metals in a sell-off. In Asia, silver prices plunged over 15% while gold also fell sharply following a strong rally in recent weeks. On the domestic front, silver and gold ETFs fell by 21%, putting pressure on the related stocks.
The sell-off intensified in the cryptocurrency space. Bitcoin prices fell over 6% during the session and dropped below $71,000. The overall crypto market was reported to have lost almost $500 billion in the last week due to a combination of high use and macro risk aversion.
Analysts have argued that the sharp moves in crypto and commodities have tepid sentiment in all asset classes. “The volatility is driven by macro factors such as a stronger dollar, easing geopolitical tensions, and profit booking after a parabolic rally,” analysts wrote.
Stock-Specific Action Remains Active
But, selective stocks made some strong moves despite the general weakness. Force Motors reported a sharp increase in its Q3 net profit, while Devyani International improved after the brokerage upgrade. Food and QSR-related stocks such as Westlife Foodworld and Jubilant Foodworks also traded higher amid stock-specific buying.
On the flip side, metal stocks such as Hindustan Zinc and Vedanta declined sharply relative to falling silver prices. Stocks of capital goods and industrial stocks also remained under pressure.
What to Watch Ahead
Looking ahead, market participants will closely track foreign institutional investor (FII) flows, global bond yields, and cues from central bank policy decisions. The Reserve Bank of India’s bond purchase operation and upcoming monetary policy commentary are also expected to influence sentiment.
Experts believe that while India’s medium-term growth outlook remains strong—supported by the recent growth-focused Budget and trade agreements—the near-term market may continue to see consolidation.
“If FII selling slows and marginal buying emerges, broader market strength could follow,” analysts said. Until then, volatility is likely to persist, with investors advised to remain selective and cautious.
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