Why is stock market falling? Anil Singhvi lists 5 points

Stock Market Update: Indian equity benchmarks fell sharply on Friday afternoon. Weak global cues and heavy selling by foreign investors hurt sentiment.

At 2:10 pm, the BSE Sensex was down 631.39 points, or 0.75 per cent, at 83,549.57. The index opened lower at 84,022.09. It moved between a high of 84,406.22 and a low of 83,500.32.

The Nifty 50 slipped 199.20 points, or 0.77 per cent, to 25,677.65. The index had opened at 25,840.40. It touched a high of 25,940.60 and a low of 25,664.85.

Add Zee Business as a Preferred Source

Why is stock market falling?

According to Anil Singhvi of Zee Business, several factors dragged the market lower. Foreign institutional investors continued aggressive selling. Concerns over tariffs returned to the global market. Fresh statements from Donald Trump raised fears of global uncertainty. Investors also stayed cautious ahead of key decisions expected in the US later in the day.

Rising crude oil prices added pressure. The rupee weakened again. Sharp losses in small-cap stocks hurt overall sentiment. ICICI Bank weighed on both the Nifty and the Bank Nifty.

Focus on the US Supreme Court

Singhvi said Friday was an important day for the US. The US Supreme Court is expected to give a ruling on tariffs. The decision will clarify whether Trump has the authority to impose tariffs. Global markets are closely watching the outcome.

December AMFI data remains supportive

Despite market weakness, December mutual fund data remained strong. AMFI numbers showed net inflows of around Rs 28,000 crore into equities. SIP inflows hit a record high. For the first time, monthly SIP contributions crossed Rs 31,000 crore.

Gold ETFs also saw strong interest, with inflows of about Rs 11,600 crore. Flexi-cap funds remained the top choice for investors, attracting nearly Rs 10,000 crore of inflows.

Why is Nifty 25,750 crucial?

Singhvi said the 25,750 level is very important for the Nifty. Since November 12, 2025, the index has not closed below this level even once. A close below 25,750 could break a key support zone. The next major support then lies near the 100-day moving average at around 25,525.

Nifty, Bank Nifty: Key levels to watch

For now, strong support for the Nifty lies in the 25,450–25,575 range. Bank Nifty support is seen between 58,725 and 59,000. On the upside, Nifty faces resistance between 25,850 and 25,975, while Bank Nifty resistance lies around 59,700–59,850.

A close below 25,850 on the Nifty and 59,550 on the Bank Nifty could lead to further weakness, Singhvi warned.