Equity markets in India witnessed a sharp decline in early trade on Monday, following the negative trends in the US markets, continuous foreign fund outflows, and concerns regarding US tariffs. The Sensex plummeted by 567.62 points to 74,743.44, while the Nifty dropped by 188.4 points to 22,607.50.
Among the major laggards in the Sensex pack were HCL Tech, IndusInd Bank, Zomato, Tech Mahindra, Tata Consultancy Services, ICICI Bank, HDFC Bank, and Power Grid. On the other hand, Maruti and Mahindra & Mahindra were the gainers.
Foreign Institutional Investors (FIIs) sold equities worth ₹3,449.15 crore on Friday, leading to total outflows of over ₹1 lakh crore in 2025. The continuing global trade tensions and uncertainties surrounding Trump tariffs were highlighted as key concerns impacting the market.
In Asian markets, Seoul, Shanghai, and Hong Kong were trading lower, while the US markets closed significantly lower on Friday. The global oil benchmark Brent crude also saw a decline, dropping by 2.13% to $74.43 a barrel.
Experts anticipate that foreign fund outflows and concerns over US President Donald Trump’s tariff policies may continue to weigh on investor sentiment in the upcoming week. The market closed lower on Friday, with the BSE benchmark declining by 424.90 points to 75,311.06, and the Nifty falling by 117.25 points to 22,795.90.
