Indian stock market today: Rising global trade tensions seem to have driven investors toward caution, as the Indian stock market declined for the fourth straight session on Monday, July 14, with the Nifty 50 and Sensex slipping 0.24% and 0.27%, respectively.
The Indian stock market began the session on a weak note, with losses accelerating during the first half before partially reversing toward the end of the day, thereby limiting the overall decline.
With today’s close at 25,090, the Nifty 50 is hovering around the psychological 25,000 mark, while the Sensex settled at 82,272. Both indices touched a two-week low during the intraday session.
Persistent weakness in tech stocks continued to weigh on the Indian stock market, overshadowing gains in other sectors. In addition, sustained selling by overseas investors has added to the pressure on the Indian stock market, which had ended the last four months in green.
Despite subdued activity in the broader market, stock-specific action continues to emerge, as investors react to earnings results, target price upgrades, and improving technicals.