The Indian stock market remained under pressure during Tuesday’s trade, August 11, as uncertainty over a potential peace deal in the Middle East weighed on market sentiment, while the continued rise in crude oil prices kept crude-sensitive stocks out of favour.
While pharma and technology stocks provided some support, losses in FMCG and metal stocks outweighed the gains, dragging the Nifty 50 down 0.54% to 24,450. The Sensex declined 0.50% to 78,148.
The broader markets remained mixed, with the Nifty Midcap 100 falling marginally by 0.02%, while the Nifty Smallcap 100 gained 0.22%.
Among the sectoral indices, Cement, FMCG, Realty and Metal stocks were the top losers, while Pharma, IT and Healthcare stocks ended in the green.
Meanwhile, mutual fund inflows weakened in July, declining 14.8% month-on-month to ₹24,697 crore, driven by outflows from large-cap funds for the first time since December 2023, according to data from the Association of Mutual Funds in India.
However, small-cap and mid-cap funds attracted record inflows in July, reflecting a shift in investor preference amid continued uncertainty in global markets due to geopolitical tensions.
