Share Market News / Weak start of stock market, Sensex-Nifty fell, these stocks declined

The Indian stock market started weak on Monday. The Sensex opened 217.28 points lower at 77,642.91, while the Nifty opened 75.00 points lower at 23,484.95. Metal and pharma stocks continued to decline, while Mahindra, SBI, ITC and Airtel saw a rise.

Share Market News: The Indian stock market started weak on Monday, the first trading day of the week. The BSE Sensex opened at 77,642.91 points, down 217.28 points, while the NSE Nifty opened at 23,484.95 points, down 75.00 points.

Major rising and falling stocks

If we look at the bullish stocks in the market, Mahindra, SBI, ITC and Airtel saw gains. At the same time, the major stocks that suffered a decline include Tata Steel, Power Grid, NTPC and HDFC.

25 out of 30 stocks included in the Sensex are trading in the red mark, which clearly shows that the recession continues in the market.

Impact of US tariff policy

The announcement by former US President Donald Trump to impose a 25% duty on steel and aluminum imports has affected stock markets around the world including India. In particular, a big decline has been registered in the metal sector, which has affected Tata Steel and other metal stocks.

Impact on pharma and other sectors

Apart from the metal sector, the pharma sector is also witnessing a decline. Due to weak investor sentiment, selling pressure was seen in most stocks.

Impact of RBI's repo rate cut

The Reserve Bank of India (RBI) recently cut the repo rate by 0.25 percent, but this also did not have a positive impact on the market. On Friday, the BSE Sensex closed 197.97 points lower at 77,860.19 points, while the NSE Nifty closed 43.40 points lower at 23,559.95 points.

Strategy for investors

Given the current circumstances, investors need to be cautious.

Long-term investors should look for opportunities to invest in stocks of strong companies during the decline.

It is important to keep an eye on global markets and US policies, as this can have a direct impact on Indian markets.

In the coming days, the direction of the market will largely depend on global factors and domestic economic policies. Investors are advised to keep a close eye on market movements.