Closing Bell: Sensex falls over 320 points, Nifty ends near 25,585; Anil Singhvi explains reasons behind sharp market fall

Indian equity benchmarks ended lower on Monday amid broad-based selling, tracking weak global cues and continued pressure from heavyweight stocks, market experts said.

The BSE Sensex closed at 83,246.18, down 324.17 points, or 0.39 per cent. The NSE Nifty 50 settled at 25,585.50, slipping 108.85 points, or 0.42 per cent. Selling pressure was seen across most segments of the market, while select FMCG and auto stocks provided limited support.

Why Does Stock Market Fall? Anil Singhvi explains

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Market expert Anil Singhvi said global factors were the key reason behind the sharp fall in domestic equities. He said renewed tariff threats by US President Donald Trump, particularly against Europe, have triggered selling pressure across global markets, including India. He added that continued foreign institutional investor selling has further worsened sentiment.

“Heavyweight stocks such as Reliance Industries, ICICI Bank and Wipro have added to the pressure, hurting the oil and gas, banking and IT sectors,” Singhvi said. He also noted that weakness in global metal prices weighed on metal stocks, while the rupee remains close to its record low levels, adding to market concerns.

Anil Singhvi said global uncertainty continues to dominate market sentiment. He said tariff-related concerns and foreign investor selling remain key overhangs for Indian equities in the near term. According to him, heavyweights have played a major role in dragging the indices lower, while recovery attempts remain limited.

Top Gainers and Losers

Among Sensex stocks, Reliance Industries fell 3.09 per cent to close at Rs 1,412.50, emerging as one of the biggest drags on the index. ICICI Bank declined 2.38 per cent, while TCS slipped 1.46 per cent and Infosys fell 0.62 per cent. Other notable losers included Titan, Adani Ports, UltraTech Cement and NTPC.

On the positive side, shares of InterGlobe Aviation (IndiGo) rose 3.97 per cent. Tech Mahindra gained 2.36 per cent, while Kotak Mahindra Bank advanced 2.18 per cent. Hindustan Unilever climbed 2.10 per cent, and Maruti Suzuki added nearly 2 per cent. Bajaj Finance, ITC, Trent and Axis Bank also ended higher.

Nifty Sectoral Indicies

The broader market indices also closed in the red. The Nifty Next 50 slipped 0.24 per cent, while the Nifty Midcap and Smallcap indices declined up to 1.13 per cent. The Nifty Microcap index was down 1.34 per cent, reflecting sustained selling pressure in smaller stocks.

Sectorally, FMCG stocks outperformed, with the Nifty FMCG index rising 0.67 per cent. The Nifty Auto index ended marginally higher, while the Nifty Financial Services index closed flat. In contrast, sharp losses were seen in media, realty and oil and gas stocks.

The Nifty Media index declined 1.84 per cent, while the Nifty Realty index fell nearly 2 per cent. The Nifty Oil and Gas index dropped 1.56 per cent.

Banking stocks were mixed, with the Nifty Bank index ending 0.34 per cent lower. Private banks saw mild pressure, while PSU banks underperformed marginally. The Nifty IT index declined 0.47 per cent amid weakness in major IT stocks.

Market participants remained cautious, with investors tracking global developments, currency movement and sector-specific cues. Analysts said volatility could persist in the near term amid global uncertainty and pressure on large-cap stocks