Market Plunges 4th Day: FII Selling, Tariff Fears Drive Decline
Share Market
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CNBC Awaaz08-01-2026, 15:59

Market Plunges 4th Day: FII Selling, Tariff Fears Drive Decline

  • Indian stock market closed lower for the fourth consecutive session, with Sensex dropping 780 points and Nifty 264 points.
  • Heavy selling was observed across sectors, including Metal, Oil & Gas, PSE, Midcap, and Smallcap shares.
  • Key reasons for the decline include FIIs selling ₹1,527.71 crore, weak global cues, and weekly expiry volatility.
  • Rising Brent crude oil prices ($60.20/barrel) and uncertainty over US tariff policy added significant pressure.
  • Experts suggest a sustainable recovery requires clarity on India-US trade agreement and return of foreign investors.

Why It Matters: FII selling, tariff fears, and rising crude oil prices led to a significant market downturn for the fourth day.

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