Sensex Falls as Nifty Slips Below 22,600
Indian stock markets opened lower on Thursday as persistent foreign investor selling, elevated global borrowing costs and cautious sentiment kept pressure on equities, despite some relief from easing crude oil prices.
Sensex Falls as Nifty Slips Below 22,600
The BSE Sensex fell more than 100 points in early trade, while the NSE Nifty 50 dropped below the 22,600 mark as selling pressure continued across several sectors.
The weakness extended a prolonged losing streak for Indian equities, with benchmarks heading towards an eighth consecutive weekly decline, their longest such run in about 25 years.
Investor sentiment remained fragile following a steep September correction, when the Nifty 50 declined more than 6% and the Sensex fell nearly 6%.
FII Outflows Continue to Pressure Indian Markets
Foreign institutional investor selling remained one of the biggest drags on the market.
Foreign investors sold around $3.6 billion worth of Indian equities over the previous five sessions, taking total outflows for 2026 to approximately $27.8 billion.
Rising US Treasury yields and a stronger dollar have encouraged global investors to reduce exposure to emerging-market assets, including Indian equities.
Auto Stocks Fall While IT Shares Gain
Most major sectoral indices traded lower, with auto stocks among the notable laggards following weaker domestic sales figures from some manufacturers.
Information technology stocks, however, moved higher after softer-than-expected US inflation data offered some relief to the sector.
Easing crude oil prices provided limited support to Indian markets, but concerns over foreign selling, global interest rates and geopolitical uncertainty continued to dominate investor sentiment.
