Weak Start for Stock Market: Sensex Falls 350 Points, Nifty Slips Below 24,750

Weak Start for Stock Market: Sensex Falls 350 Points, Nifty Slips Below 24,750

Last Updated Jul - 28 - 2025, 02:53 PM | Source : Fela News

Stock Market Today: On the first trading day of the month, the Indian stock market opened on a weak note. Both the Sensex and Nifty declined.

The last trading week of July began with losses in the stock market. Heavy selling in IT companies like TCS, Infosys, and HCL Tech put pressure on the market. The Sensex opened 306 points lower at 81,155, while the Nifty fell 93 points to 24,744

Midcap and smallcap stocks also saw a decline. The Nifty Midcap Index dropped 0.28%, and the Smallcap Index fell 0.58%. The IT sector was the worst performer, with the Nifty IT Index falling by 1.4%. Private banks and the real estate sector also saw declines of over 1%.

Mixed Trends in Asian Markets

Asian markets showed mixed trends. Investors are awaiting the outcome of trade talks between the US and China scheduled to be held in Stockholm. Discussions may include a possible three-month delay in tariffs. The US Treasury Secretary and China's Vice Premier will lead the talks.

Ahead of this meeting, a trade deal between the European Union and the US has already been finalized. US President Donald Trump had earlier threatened a 30% tariff on EU goods, which has now been reduced to 15%, raising investor hopes.

Mild Gains in US Markets

Tensions over tariffs eased slightly in the US, boosting sentiment in Asian markets and lifting US stock futures. S&P 500 futures rose 0.39%, Nasdaq futures gained 0.53%, and Dow Jones futures increased by 0.35%. On Friday, US markets had closed on a strong note.

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