Mumbai, July 11. Trading in the Indian stock market started with weakness on Tuesday, August 11, 2026. Sensex fell by more than 250 points in early trade, while Nifty 50 also slipped below the level of 24,550. The impact of increasing tensions in the Middle East and investors' concerns about crude oil prices was seen on the domestic market. Apart from this, selling in big shares like Bharti Airtel and Indigo also increased pressure on the market. Due to weakness in many major stocks in early trade, both the major indices were seen in the red.
GIFT Nifty had already given indications of a weak start
Signs of weakness were visible even before the Indian market opened. On NSE IX, GIFT Nifty was trading at 24,616.50, down 15 points or 0.06 per cent. This indicated a weak start for the domestic market. Earlier on Monday also, there was not much fluctuation in the Indian stock market. Sensex and Nifty closed almost flat.
Sensex fell by more than 250 points
Sensex fell by more than 250 points as selling increased in early trade on Tuesday. At the same time, Nifty 50 also slipped down, crossing the level of 24,550. The weakness in the market was not limited to any one sector. Selling was seen in many leading and big stocks, which affected both the major indices.
Pressure on Airtel and Indigo shares
There was weakness in the shares of Bharti Airtel and IndiGo in Tuesday's trading. The fall in these shares also affected the market movements. Apart from this, shares of Wipro, BSE, Vodafone Idea and Hyundai India also remained on the radar of investors. The market is keeping an eye on the movements in these major stocks.
Weakness in Asian markets too
Apart from the Indian stock market, there was an atmosphere of weakness in the major stock markets of Asia on Tuesday. US equity index futures also appeared under pressure. In such a situation, the domestic market could not get strong support even from the global markets. Concerns over the situation in the Middle East and rising crude oil prices have increased caution among investors.
Stock market falls, gold rises
On one hand, the stock market is under pressure, on the other hand, gold prices continue to rise. On Tuesday, gold strengthened for the third consecutive trading session and reached its highest level in more than two months. Increased uncertainty in the market is being considered as one of the main reasons for the rise in gold. Generally, when risks increase in the stock market and investor concerns increase, the demand for gold as a safe investment may increase.