Sensex Opening Bell: Stock market slips again; Sensex falls 400 points further, Nifty falls below 25100

New Delhi| On Friday, blue-chip indices Sensex and Nifty 50 opened with a decline due to weak global cues for the fifth consecutive session. During this period, the biggest decline was seen in Reliance Industries, banking and financial stocks. As of 9:32 am BSE Sensex was seen trading at 82,086 with a fall of 410 points or 0.5%, while Nifty was seen trading at 25,094 with a fall of 50140 points or 0.56%.

Among Sensex stocks, Reliance Industries, ICICI Bank, Bajaj Finance, HDFC Bank, L&T and Asian Paints were most responsible in bringing down the index. On the other hand, TCS, HCL Tech, IndusInd Bank, Tata Motors and Tech Mahindra started with gains.

Investors globally were seen taking precautions due to the fear of increasing tension in West Asia. Selling by foreign investors continues in domestic equity shares. Earlier this week, Iran attacked Israel with a ballistic missile, increasing the possibility of tension between the two countries reaching a new level. In view of this, there is a danger of increase in global crude oil prices. It is believed that in the event of this apprehension, investors are avoiding new purchases, and those who have invested are selling.

Investors globally were seen taking precautions due to the fear of increasing tension in West Asia. Selling by foreign investors continues in domestic equity shares. Earlier this week, Iran attacked Israel with a ballistic missile, increasing the possibility of tension between the two countries reaching a new level. In view of this, there is a danger of increase in global crude oil prices. Asian stock markets witnessed a decline after crude oil prices rose the fastest weekly in more than a year.

Sector wise, Nifty Realty fell to 3.5% in early trade. Shares of Phoenix Mills, Lodha, Prestige and DLF weakened during this period. Nifty Auto, Media, Metal, PSU Bank, Consumer Durables and Oil and Gas sectors also opened with a decline of one to two percent. In one share DMart’s shares fell 4.4% during early trading. The decline comes after brokerage firms gave mixed reactions to supermarket chains’ results for the second quarter of fiscal year 2025.