Stock Market Closing Bell: Indian stock markets ended Monday’s session on a weak note, mirroring the slump in global markets after the US announced a fresh 100 per cent tariff on Chinese goods effective November 1. The move sparked a global risk-off sentiment, leading to widespread selling across key indices.
The BSE Sensex closed at 82,327.05, down 173.77 points or 0.21 per cent, while the NSE Nifty 50 settled at 25,227.35, slipping 58 points or 0.23 per cent.
Despite the weakness in benchmark indices, broader markets showed mixed trends. The Nifty Midcap 50 and Midcap 100 indices gained 0.23 per cent and 0.11 per cent, respectively, while the Nifty Smallcap 50 added 0.07 per cent. However, the Nifty Smallcap 100 fell 0.17 per cent, and the Nifty Microcap 250 index declined 0.54 per cent.
Add Zee Business as a Preferred Source
Sectoral Performance
All major sectors witnessed volatility on Monday, with FMCG, IT, and consumer durables stocks leading the decline.
The Nifty FMCG index fell 0.90 per cent, while Nifty IT and Nifty Consumer Durables dropped 0.78 per cent and 0.84 per cent, respectively.
Metal and energy shares also weakened, slipping 0.43 per cent and 0.30 per cent.
However, some buying support was seen in select pockets; the Nifty PSU Bank index gained 0.24 per cent, the Nifty Bank inched up 0.03 per cent, and Nifty Financial Services rose 0.16 per cent, which helped limit the overall market losses.
Read More: Trump’s tariff threat shakes global markets—Will India feel the heat? Anil Singhvi explains
Top Gainers and Losers
On the Sensex, Adani Ports led the gainers’ list with a rise of 2.13 per cent, followed by Bajaj Finance (up 1.54 per cent), Bajaj Finserv (+0.87 per cent), Bharti Airtel (+0.85 per cent), and Axis Bank (+0.83 per cent).
On the losing side, Tata Motors was the biggest drag, falling 2.29 per cent, while Infosys declined 1.53 per cent, Hindustan Unilever slipped 1.24 per cent, and ITC fell 0.83 per cent.
Heavyweights like Reliance Industries, TCS, and UltraTech Cement also ended lower, contributing to the overall weakness.
