SENSEX, NIFTY SLIP IN EARLY TRADE AMID GLOBAL WEAKNESS
New Delhi, Oct 13, 2025 : Domestic benchmark indices opened under pressure on Monday as selling returned to equities amid renewed global uncertainty following US President Donald Trump’s announcement of fresh tariffs on China.
The return of tariff tensions has once again unsettled global trade sentiment, making investors cautious across markets.
At the opening bell, the Nifty 50 declined 108.05 points, or 0.43 per cent, to 25,177.30, while the BSE Sensex fell 450.25 points, or 0.55 per cent, to open at 82,050.57.
Ajay Bagga, Banking and Market Expert, said, “There is some risk coming to India via the listing of mega IPOs. The relief is that till Diwali just one IPO is planned, so secondary market volumes will not suffer due to bunched-up primary offerings sucking out liquidity. ‘Buy the dip’ remains the US trade; we expect buyers to emerge in India as well at lower levels. US futures are up, cryptos are seeing a recovery, but Asian markets are down.”
The pressure was visible across broader market indices on the NSE. All major indices opened in negative territory, with the Nifty 100 down 0.28 per cent, Nifty Midcap 100 lower by 0.20 per cent, and Nifty Smallcap 100 slipping 0.33 per cent.
Among sectoral indices, all but Nifty Media traded in the red. Nifty IT fell 0.45 per cent, Nifty Auto was flat in the negative zone, while Nifty Metal declined 0.61 per cent.
Global cues remained weak after US stocks saw an April-like fall following Trump’s fresh tariff threat on China. The US stock market capitalization dropped by nearly USD 2 trillion, triggering sharp declines across asset classes.
The crypto market also witnessed heavy selling, with total market capitalization falling by about USD 800 billion as USD 19 billion worth of positions were liquidated — the biggest such move ever recorded.
Commodities and safe-haven assets reacted sharply. Oil prices slipped, while gold and other safe assets rose as investors reduced risk exposure. US Treasury yields declined, reflecting a flight to safety.
However, over the weekend, President Trump appeared to soften his tone. While boarding his flight to Egypt, he told reporters that November 1 — when the 100 per cent tariffs on China are set to take effect — is “an eternity away,” hinting that there may still be room for negotiation.
Sunil Gurjar, SEBI-registered analyst and Founder of Alphamojo Financial Services, said, “Nifty is currently hovering near resistance, and a breakout above 25,500 would signal a continuation of the uptrend in the sector. Overall, the index displays strong relative strength, with the market advancing slowly and steadily. Technically, prices are trading above all key moving averages, further indicating upward momentum. Optimism ahead of the quarterly earnings season is also supporting sentiment.”
Key results for the second-quarter earnings expected today include HCL Technologies, Anand Rathi Wealth, Just Dial, Indo Thai Securities, Krishana Phoschem, Stallion India Fluorochemicals, SG Finserve, Laxmi Goldorna House, Den Networks, and Lotus Chocolate Company.
Meanwhile, Tata Capital is listing its IPO today after being subscribed 1.95 times overall, adding another key event for investors to watch as the trading week begins.