Sensex, Nifty Extend Losing Streak for Fourth Day Amid IT Sell-Off, FII Outflows

Mumbai, July 14, 2025 – Indian equity benchmarks continued their downward trajectory for the fourth straight session on Monday, weighed down by persistent selling in IT stocks and sustained foreign institutional investor (FII) outflows.

Key Indices Fall Again

• The BSE Sensex fell by 247.01 points or 0.30%, closing at 82,253.46 on the day.
• During intraday trade, it dropped as much as 490.09 points, hitting a low of 82,010.38, before recovering some losses by the close.
• The NSE Nifty 50 also ended in the red, down 67.55 points or 0.27%, to settle at 25,082.30.
• Over the last four sessions (since July 9), the Sensex has shed nearly 1,460 points (1.75%).
• During the same period, the Nifty has slipped by 440 points, marking a 1.73% decline.

IT Stocks Drag; Broader Market Outperforms

• Asian Paints was the top loser among Sensex stocks, falling 1.58%.
• Other major laggards included Tech Mahindra, Bajaj Finance, Infosys, HCL Tech, TCS, L&T, and Tata Motors.
• On the gaining side, Eternal, Titan, Mahindra & Mahindra, and ITC closed in the green.
• Broader indices outperformed the benchmark indices.
• The midcap and smallcap indices rose between 0.71% and 1.04%, reflecting strong stock-specific momentum, especially outside the large-cap IT space.

Foreign Fund Selling Weighs

FIIs were net sellers to the tune of ₹5,104.22 crore on Friday, further dampening sentiment.

Global Market Snapshot

• Asia: South Korea’s Kospi, Shanghai Composite, and Hang Seng ended higher, whereas Japan’s Nikkei 225 closed in the red.
• Europe: Key markets were trading lower.
• US: Wall Street ended in negative territory on Friday.

Macro Update

In a notable development, India’s wholesale price inflation (WPI) turned negative for the first time in 19 months, declining 0.13% in June. The drop was attributed to deflation in food articles, fuel, and softening prices in manufactured goods. Meanwhile, Brent crude climbed 0.99% to $71.06 per barrel, signalling potential volatility in energy-related stocks.

Trade Deal Talks Resume

Adding to the geopolitical backdrop, a commerce ministry team from India is in Washington for a fresh round of discussions on the proposed Bilateral Trade Agreement (BTA), beginning Monday. The outcome of these talks is being closely watched for cues on tariff and trade policy changes.

Outlook

With earnings season underway and global economic signals remaining mixed, markets are expected to stay volatile in the near term, with investor focus shifting to corporate results and progress on the India-US trade front.

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