Indian equity benchmarks Sensex and Nifty continued to trade in the red on Wednesday, pressured by ongoing geopolitical concerns and persistent foreign investor selling. By around 12:25 p.m., the BSE Sensex had fallen 251.19 points, or 0.3 per cent, to 84,812.16. Meanwhile, the NSE Nifty slipped 70.25 points, or 0.27 per cent, to trade at 26,108.45, reflecting subdued investor sentiment across the broader market.
One of the key reasons behind the market weakness was sustained selling by foreign institutional investors (FIIs). According to exchange data, FIIs offloaded equities worth ₹107.63 crore on Tuesday. This continued withdrawal of overseas funds has reduced market liquidity and exerted downward pressure on stock prices, dampening overall confidence among investors.
Additionally, weak cues from global markets added to the negative mood. Major Asian indices were trading lower, with Japan’s Nikkei 225 and Hong Kong’s Hang Seng witnessing declines. The cautious trend across international markets mirrored concerns over global economic and geopolitical developments, which further weighed on domestic equities. As a result, Indian markets struggled to find support amid a combination of external uncertainties and foreign fund outflows.
