Both benchmark indices, Sensex and Nifty 50, ended lower on Tuesday, October 14, marking their second consecutive session of decline due to weak global sentiment. The Sensex dropped 297 points, or 0.36%, to close at 82,029.98, while the Nifty 50 fell 82 points, or 0.32%, to 25,145.50. Markets opened higher but soon lost momentum as renewed U.S.–China trade tensions outweighed positive domestic factors. The Nifty briefly touched 25,300 before retreating. Most sectors ended in the red, with metals, pharmaceuticals, and real estate stocks leading the losses, though select financial and private banking shares lent some support. Broader markets also weakened, with mid-cap and small-cap indices slipping nearly 1% each. According to Ajit Mishra, SVP – Research at Religare Broking Ltd, selling pressure was driven by global trade concerns and muted global cues, which overshadowed the optimism from strong IPO listings and encouraging IT sector earnings. Although LG Electronics India’s strong market debut drew investor interest, it wasn’t enough to lift the overall market mood.
