Market Weakness Deepens as Sellers Stay in Control; Nifty Slips Below 25,150

Indian markets extended their losing streak on Tuesday, with benchmark indices sliding further amid persistent selling pressure. Traders stayed cautious as global cues remained mixed and domestic investors preferred to book profits after last week’s rally.

By the closing bell, the Sensex had dropped nearly 300 points, finishing close to 82,030, while the Nifty 50 shed around 80 points to settle below 25,150. The overall tone stayed defensive through the day, with only a few pockets showing resilience.

Selling Across the Board

What started as a mild dip in the morning soon turned into broad-based weakness. Most sectors — including pharma, metals, consumer durables, PSU banks, and media — ended in the red. Analysts said traders are growing uneasy about stretched valuations and a lack of near-term triggers.

Among the notable drags were Bajaj Finance, Tata Motors, Dr. Reddy’s, Bharat Electronics, and TCS, all of which weighed on the indices. Meanwhile, Wipro, Tech Mahindra, ICICI Bank, and Apollo Hospitals managed to stay slightly positive, though their gains were limited.

Stock Buzz

In the midcap space, Landmark Cars grabbed attention with a strong 9% surge, driven by upbeat earnings. On the other hand, Just Dial faced heavy selling, slipping around 5% after disappointing quarterly results.

Elsewhere, selective strength was seen in financial names such as Muthoot Finance and RBL Bank, which touched fresh 52-week highs amid volatile broader sentiment.

Market watchers noted that while certain stocks are still making new highs, the overall participation is thinning — a sign that momentum is getting narrow and risk appetite is cooling off.

Charts Show Mounting Pressure

From a technical standpoint, the Nifty has slipped below key short-term support levels, and analysts believe the next cushion could lie near 25,000. If that mark fails to hold, a deeper correction toward 24,800 can’t be ruled out.

Resistance is seen near 25,250–25,300, where selling has repeatedly emerged in recent sessions. The overall chart structure, experts say, suggests the index is struggling to find direction and may remain range-bound for a few more days.

Broader Mood: Nervous but Not Broken

Despite the weakness, the broader narrative isn’t entirely bearish. Foreign investor flows remain steady, and domestic mutual funds continue to absorb much of the selling. However, the market seems to be in a “pause and reassess” phase — with traders waiting for fresh global triggers or earnings surprises before making big bets again.

For now, participants are advised to stay selective, keep tight stop losses, and focus on fundamentally strong names rather than chasing short-term momentum.