Overview
- India's benchmark indices ended down on Tuesday, with the Sensex slipping 250 points to 83,627.69 and the Nifty easing 58 points to 25,732.30 after a volatile session.
- The Sensex fell as much as 615 points intraday to 83,262.79 before trimming losses, reflecting broad caution around global trade risks and profit-booking in blue-chips.
- US President Donald Trump’s move to levy a 25% tariff on countries doing business with Iran added to risk aversion, reinforcing worries over global trade.
- Exchange data showed persistent foreign selling and domestic buying, with FIIs offloading Rs 3,638.40 crore on Monday as DIIs purchased Rs 5,839.32 crore.
- Analysts flagged the Nifty’s 50-day EMA near 25,895 as immediate resistance and see support in the 25,650–25,800 band, with near-term direction hinging on Q3 earnings and trade-policy cues.