Categories: Business

Stock markets decline in initial trade on foreign fund outflows, weak Asian peers


A view of the BSE, Mumbai.
| Photo Credit: Getty Images/iStockphoto

Equity benchmark indices Sensex and Nifty were trading lower in early trade on Tuesday (November 4, 2025) amid persistent foreign fund outflows and weak trend in Asian markets.

The 30-share BSE Sensex dropped 55 points to 83,923.48 in early trade. The 50-share NSE Nifty dipped 40.95 points to 25,722.40.

From the Sensex firms, Power Grid, Eternal, HCL Tech, Maruti, Tata Motors and Infosys were among the major laggards.

However, Bharti Airtel, Titan, Reliance Industries and Mahindra & Mahindra were the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,883.78 crore on Monday (November 3), according to exchange data. Domestic Institutional Investors (DIIs), however, bought stocks worth ₹3,516.36 crore in the previous trade.

“FIIs renewed selling is constraining the rally in the market. During the last four days FIIs have sold equity worth ₹14,269 crore. This is an indication that they will continue to sell on rallies. Higher valuations in India and muted earnings growth are restraining FIIs who are more focused on cheaper markets with better earnings growth,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index quoted lower while Hong Kong’s Hang Seng index traded in positive territory.

U.S. markets ended mostly higher on Monday (November 3).

Global oil benchmark Brent crude dipped 0.20% to $64.76 a barrel.

On Monday (November 3), the Sensex inched up by 39.78 points or 0.05% to settle at 83,978.49. The Nifty eked out a marginal gain of 41.25 points or 0.16% to end at 25,763.35.



Source link

admin

Recent Posts

Kerala Governor cannot sit on report on V-C postings: SC

Kerala Governor Rajendra Arlekar with Chief Minister Pinarayi Vijayan. | Photo Credit: ANI The Supreme…

3 minutes ago

History Congress sees papers on Thiruvananthapuram’s multifaceted history

The ongoing 10th Kerala History Congress witnessed the presentation of papers that threw light on…

4 minutes ago

Access Denied

Access Denied You don't have permission to access "http://www.ndtv.com/india-news/siddaramaiah-dk-shivakumar-told-to-end-rift-congress-high-command-not-happy-sources-9717388" on this server. Reference #18.adf5d217.1764346564.2f31f8cc https://errors.edgesuite.net/18.adf5d217.1764346564.2f31f8cc…

18 minutes ago

India still in contention for AFC U-17 Asian Cup 2026 despite loss to Lebanon

India’s hopes of qualifying for the AFC Under-17 Asian Cup 2026 were dealt a blow…

25 minutes ago

Morne Morkel: ODI series a great opportunity for Arshdeep, Harshit, Prasidh

Still smarting from the bruising Test series defeat against South Africa, India bowling coach Morne…

29 minutes ago

RBI issues final guidelines for digital banking channels, makes it mandatory for banks to obtain consent for onboarding

Banks are required put in place risk-based transaction monitoring and surveillance mechanism, says RBI. |…

33 minutes ago