Benchmark indices opened lower as markets remained cautious amid ongoing global uncertainties and a lack of fresh triggers. The Sensex dropped 226.44 points to 81,147.31, while the Nifty50 fell 45.05 points to 24,671.55 by 9:29 am.
Dr. VK Vijayakumar from Geojit Investments noted that due to geopolitical tensions, tariffs, and trade uncertainties, market volatility is likely to persist. He advised investors to continue the “buy on dips” strategy during this consolidation phase, which has been effective so far.
On the gainers’ side, Eternal led with a 0.89% rise, followed by Mahindra & Mahindra (+0.61%), Tata Steel (+0.47%), IndusInd Bank (+0.37%), and Tata Motors (+0.26%).
Among the losers, Adani Ports and Special Economic Zone fell the most, down 1.52%, followed by Larsen & Toubro (-1.35%), Bajaj Finance (-1.31%), Hindustan Unilever (-1.01%), and Bharti Airtel (-0.99%).