The BSE Sensex fell 254 points, or 0.3%, to 82,992 on Tuesday, hitting its lowest level since October 15 and extending losses from the previous session, as escalating global trade tensions and persistent foreign capital outflows weighed on sentiment. Foreign portfolio investors offloaded Indian shares worth INR 32.63 billion on Monday, according to provisional data. The broader market tracked declines across Asian peers, following US stock futures lower after President Donald Trump threatened to impose new tariffs on European countries. All sectors traded in the red, led by technology stocks, which fell 1.3%. Wipro slid 1.2%, extending Monday’s plunge after issuing a weaker-than-expected outlook for the fourth quarter. The Nifty 50 also dropped 0.3% to below 25,500, while small-cap and mid-cap indices each fell 1.2%. Among the biggest laggards were IndusInd Bank (-2.9%), Bajaj Finance (-2.7%), Bajaj Finserv (-2.0%), Tech Mahindra (-1.6%), and Asian Paints (-1.4%).
