Indian Markets Slip for Third Straight Day Amid Global Trade Jitters and Weak Earnings

Indian stock markets ended in the red for the third consecutive session on Tuesday, weighed down by escalating global trade tensions and lackluster corporate earnings. Persistent foreign investor outflows and fresh concerns surrounding the Adani Group further soured sentiment.

📉 Market Snapshot

Sensex closed at 80,737.51, down 636.24 points or 0.78%

Nifty 50 ended at 24,542.50, slipping 174.10 points or 0.70%

🔍 Sector Performance

Broader markets were not spared either:

BSE MidCap dipped 0.32%

BSE SmallCap barely moved, down by 0.0048%

⚠️ What Drove the Decline?

🔹 Adani Group Under Pressure

Shares of Adani Group companies were hit hard after reports surfaced linking them to Iranian LPG shipments—a claim the group has firmly denied. Despite the denial, investor nerves remained frayed.

Notable losers included:

Adani Ports: -2.72%

Adani Enterprises: -2.63%

Adani Total Gas: -2.10%

Adani Green Energy: -2.00%

Adani Power: -1.64%

Adani Energy: -1.58%

Other group stocks like Sanghi Industries, Ambuja Cements, Adani Wilmar, ACC, and NDTV also saw modest declines.

🌐 Global Trade Woes

Renewed tensions between the U.S. and China, especially with the reintroduction of tariffs on Chinese goods, have spooked investors globally—impacting export-driven economies like India.

💸 FII Selling Continues

Foreign Institutional Investors (FIIs) continued pulling money out of Indian equities, further dragging down indices.

📉 Muted Earnings Season

Quarterly results have so far failed to excite, adding to the market’s cautious tone.

🔮 What Lies Ahead?

With the markets highly reactive to both global developments and domestic cues, volatility is likely to persist. Analysts recommend a cautious approach, urging investors to keep an eye on global headlines and earnings trends before making any bold moves.