Sensex Dips 600 Pts, Nifty Below 25,700 Amid US Tariff Fears & FII Outflows

Business
M
Moneycontrol•09-01-2026, 17:53
Sensex Dips 600 Pts, Nifty Below 25,700 Amid US Tariff Fears & FII Outflows
- •Indian benchmark indices, Sensex and Nifty, extended losses for the fifth consecutive session.
- •Sensex fell 604.72 points (0.72%) to 83,576.24; Nifty declined 193.55 points (0.75%) to 25,683.30.
- •Key factors include persistent FII selling, renewed US tariff concerns, and rising crude oil prices.
- •Investors await a US Supreme Court ruling on the legality of former President Trump's tariffs, potentially impacting India.
- •Rupee weakened to 89.97 against the US dollar due to FII outflows and higher crude prices.
Why It Matters: Indian markets fell sharply due to US tariff concerns, FII selling, and rising crude, impacting investor sentiment.
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