MUMBAI: India’s benchmark equity indices recorded their worst session in four days on Tuesday, dragged down by heavy selling in banking, infrastructure and IT stocks amid fresh concerns over US trade policy.
The 50-share Nifty ended 1.12 per cent, or 288.35 points, lower at 25, 424.65. The Sensex closed 1.28 per cent, or 1, 068.74 points, down at 82, 225.92.
Commenting on Nifty technical outlook, an analyst said that the 25, 500–25, 600 zone remains a crucial resistance band; a decisive breakout above this area could trigger short covering toward 25, 700, while a sustained move below 25, 300 may intensify downside momentum toward 25, 200 or lower.
Market sentiment remained weak after US President Donald Trump threatened to impose renewed tariffs, raising fears of fresh trade tensions.
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