On Tuesday, Indian equity markets paused their six-day winning streak. The BSE Sensex slipped 227 points to 84,758.64, while the Nifty 50 fell 65 points to 25,951.55.
Investors remained cautious ahead of key U.S. economic data that may influence the Federal Reserve’s next move on interest rates, while weak global cues, including losses in Asian markets and a soft Wall Street close, added to the downward pressure.
Among stocks, Tata Consumer Products, Max Healthcare, and Eicher Motors were top gainers, rising between 0.9–1.8 %, while Tata Steel, Hindalco, and Tech Mahindra dragged the indices lower, falling 0.6–1.05 %. All 16 major sectors opened in the red, with mid-cap and small-cap indices also showing broad-based weakness.
The market pullback is a temporary pause rather than a reversal. Investors are focusing on quality stocks and domestic triggers like corporate earnings and policy updates amid fading rate-cut expectations.