Indian equity benchmarks Sensex and Nifty closed lower on Monday, ending a two-day winning streak as caution prevailed among investors. The decline was primarily driven by losses in the heavyweight IT and FMCG sectors, alongside weak global cues following renewed US-China trade tensions.
The S&P BSE Sensex fell 173.77 points (0.21%) to settle at 82,327.05. Similarly, the NSE Nifty 50 dropped 58 points (0.23%) to close at 25,227.35.
Key Market Highlights
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Sensex: Closed at 82,327.05, down 174 points.
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Nifty 50: Ended the session at 25,227.35, down 58 points.
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Market Sentiment: The domestic markets began the week on a cautious note, tracking risk-off sentiment across Asia. This was triggered by US President Donald Trump's warning of "restrictive" tariffs on China, which, despite a softer tone later, kept investors on edge.
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Broader Markets: The broader markets showed a mixed trend. The Nifty MidCap 100 index managed to close with a slight gain of 0.11%, while the Nifty SmallCap 100 index slipped by 0.17%.
Top Gainers and Losers
While financial stocks saw buying interest, the auto and IT sectors were among the top laggards.
| Top Gainers |
Top Losers |
| Adani Ports |
Tata Motors |
| Bajaj Finance |
Infosys |
| Bajaj Finserv |
Hindustan Unilever (HUL) |
| Axis Bank |
Power Grid |
| NTPC |
ITC |
Sectoral Performance
The sectoral performance was mixed, with PSU banks and financial services showing strength while IT and FMCG stocks dragged.
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Top Gainers: The Nifty PSU Bank and Nifty Financial Services indices continued their gaining streak for the third consecutive day, indicating selective buying in these sectors.
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Top Losers: The Nifty FMCG and Nifty IT indices were the top losers, falling by 0.9% and 0.78%, respectively. The Nifty Auto, Pharma, and Metal indices also snapped their two-day winning streaks.
Major News and Market Movers
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Tata Capital's Subdued Debut: The highly anticipated listing of Tata Capital saw a subdued market debut. While the IPO was the largest of 2025, its listing performance did not meet the high expectations, reflecting the cautious market mood.
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Tata Motors Record Date: Shares of Tata Motors fell by 2% ahead of the October 14 record date for its demerger of the commercial vehicles business. This corporate action has kept the stock in focus.
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BLS International Crashes: BLS International shares crashed by as much as 18% after the Ministry of External Affairs banned the company from participating in ministry tenders for two years. This development led to a sharp sell-off, with the stock hitting a one-year intraday low.
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MapMyIndia Gains on Government Nod: Shares of CE Info Systems, the parent company of MapMyIndia, rose by 8% after Union Minister Ashwini Vaishnaw encouraged users to explore the app, boosting its visibility and investor confidence.
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DMart in Focus: Shares of Avenue Supermarts (DMart) were in focus after the company reported a 15% increase in its topline for the second quarter of FY26.
Global Market Summary
Global markets were weak at the start of the week, with Asian markets declining due to the re-escalation of US-China trade tensions. European markets showed some positive movement, while US markets had experienced significant losses in the previous session. Brent crude, the global oil benchmark, rose by 1.77% to $63.84 per barrel.
Frequently Asked Questions (FAQs)
Why did the stock market fall today?
The market's decline was primarily due to weak global cues triggered by renewed US-China trade tensions. Domestically, profit-booking in heavyweight IT and FMCG stocks also contributed to the fall.
Which sectors were the most affected?
The Nifty FMCG and Nifty IT indices were the worst performers, falling by 0.9% and 0.78%, respectively. The auto, pharma, and metal sectors also ended in the red.
What was the biggest corporate news of the day?
Shares of BLS International crashed by up to 18% after the company was banned from participating in tenders by the Ministry of External Affairs for two years. On the other hand, Tata Capital's much-awaited IPO had a subdued listing.
How did the broader markets perform?
The broader markets were mixed. The Nifty MidCap 100 index closed with a small gain, while the Nifty SmallCap 100 index ended slightly lower, indicating that the selling pressure was more concentrated in large-cap stocks.