Equity benchmark indices Sensex and Nifty ended sharply lower, falling more than 1 per cent, as heavy selling in information technology stocks combined with global trade uncertainties and rising geopolitical tensions to weigh on investor sentiment.The NSE Nifty declined 288.35 points, or 1.12 per cent, to close at 25,424.65 after touching an intraday low of 25,327.60. The BSE Sensex tumbled 1,068.74 points, or 1.28 per cent, to settle at 82,225.92, after plunging as much as 1,359.93 points during the session.The selloff snapped a two-session rally and came amid renewed concerns over artificial intelligence-led disruption in the IT sector, rising crude oil prices linked to escalating US-Iran tensions, and persistent global trade worries, market participants said.Market breadth remained weak, with 2,802 stocks declining against 1,422 advances on the BSE, while 143 shares remained unchanged. On the NSE, 32 constituents of the Nifty ended in the red, while 18 closed higher. Metal, Oil & Gas, Power, Energy, Utilities, Commodities, FMCG, Healthcare, PSU Bank and Capital Goods indices, however, ended in the green.Here are the top gainers and loser of the day:
Nifty50 top gainers:
- NTPC (1.95%)
- Coal India (1.17%)
- JSW Steel (1.13%)
- Hindalco (0.73%)
- HUL (0.57%)
- Tata Consumer (0.53%)
- Titan Company (0.52%)
- Tata Steel (0.48%)
- Power Grid (0.48%)
Nifty50 top losers
- Tech Mahindra (-6.63%)
- HCL Tech (-6.11%)
- Eternal (-5.23%)
- Infosys (-3.92%)
- TCS (-3.84%)
- L&T (-3.60%)
- Trent (-3.05%)
- Bharti Airtel (-2.82%)
- Wipro (-2.80%)
- Kwality Wall’s (-2.75%)
BSE Sensex top gainers
- NTPC (1.95%)
- HUL (0.57%)
- Titan Company (0.52%)
- Power Grid (0.48%)
- Tata Steel (0.48%)
- Axis Bank (0.07%)
- Reliance Industries (0.06%)
BSE Sensex top losers
- Tech Mahindra (-6.63%)
- HCL Tech (-6.11%)
- Eternal (-5.23%)
- Infosys (-3.92%)
- TCS (-3.84%)
- L&T (-3.60%)
- Trent (-3.05%)
- Bharti Airtel (-2.82%)
- Kwality Wall’s (-2.75%)
- HDFC Bank (-1.42%)
“Investor sentiment weakened amid renewed concerns over global trade developments and rising geopolitical tensions, which kept crude oil prices elevated. Moreover, continued pressure on global technology stocks and fears of AI-led disruption further dragged domestic IT shares, amplifying the decline in the benchmark indices,” Ajit Mishra – SVP, Research, Religare Broking Ltd, said, PTI quoted.Technology stocks bore the brunt of selling pressure, with Tech Mahindra emerging as the biggest laggard, falling 6.6 per cent. HCL Technologies, Eternal, Infosys, Tata Consultancy Services, Larsen & Toubro, Trent, Bharti Airtel, HDFC Bank, Bharat Electronics Ltd and ICICI Bank were also among major losers.In contrast, NTPC, Hindustan Unilever, Tata Steel, PowerGrid, Titan, Reliance Industries, Axis Bank and Sun Pharmaceuticals were among the gainers, providing limited support to the indices.“Domestic markets registered a sharp decline, led by significant weakness in IT stocks amid renewed global concerns over AI-driven disruption and margin pressures for traditional service providers. Global trade and tariff worries resurfaced as well, with additional pressure arising from Trump’s warnings on trade deals and reports of possible national-security tariffs,” Vinod Nair, Head of Research, Geojit Investments Limited, said.He added that escalating US–Iran tensions, including embassy staff evacuations and warnings of wider regional escalation, intensified risk aversion among investors.Broader markets also closed in negative territory, with the BSE Smallcap Select Index falling 0.68 per cent and the Midcap Select Index declining 0.54 per cent.“Weekly expiry of Nifty derivatives further added to intraday volatility, with markets reacting to a combination of weak global cues and sector-specific pressures…IT emerged as the worst performer, dropping 4.8 per cent amid continued concerns around AI disruption to large outsourcing businesses and its impact on growth visibility,” Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, said.Among sectoral indices, Focused IT declined 4.80 per cent, followed by Information Technology (4.53 per cent), Realty (2.61 per cent), Telecommunication (1.79 per cent), Consumer Discretionary (1.12 per cent) and Industrials (0.91 per cent).Asian markets ended mostly higher, with South Korea’s Kospi, Japan’s Nikkei 225 and Shanghai’s SSE Composite closing in positive territory, while Hong Kong’s Hang Seng ended lower.European markets were trading weak in mid-session deals, with Germany’s DAX, London’s FTSE 100 and Paris’ CAC 40 declining up to 0.27 per cent.Markets remain highly sensitive to geopolitical developments and sector-specific risks, analysts said, with investors increasingly shifting toward defensive and domes








