Stock market today: The Indian stock market ended lower on Tuesday, September 23, with frontline indices, the Sensex and the Nifty 50, extending losses to their third consecutive session as concerns over an H-1B visa fee hike and uncertainty over India-US trade talks continued weighing on sentiment. However, expectations of favourable growth-inflation dynamics amid GST reforms, a normal monsoon, and interest rate cuts limited losses for the markets.
The Sensex closed at 82,102.10, down 58 points, or 0.07 per cent, while the Nifty 50 settled at 25,169.50, down 33 points, or 0.13 per cent. The mid and small-cap segments underperformed as the BSE Midcap and Smallcap indices fell 0.29 per cent and 0.35 per cent, respectively.
The overall market capitalisation of BSE-listed firms stood at below ₹464 lakh crore from slightly over ₹465 lakh crore in the previous session, making investors poorer by over ₹1 lakh crore in a single session.
Indian stock market: 10 key highlights from the day
1. Why have the Sensex, Nifty 50 been falling for three consecutive sessions?
Domestic market sentiment has turned weak due to lingering uncertainty over the India-US trade talks. While both nations remain engaged in reaching a deal, US President Donald Trump’s surprise H-1B visa fee hike has raised concerns that a collapse of trade talks could result in more aggressive similar moves from the US administration.
(This is a developing story. Please check back for fresh updates.)
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