Indian Equity Markets Suffer Sharp Correction Amid Global Volatility

India’s chief stock indexes, BSE Sensex and NSE Nifty, ended the day in the red, reflectingheightened volatility and investor nerves triggered by international trade uncertainty. The Sensex plunged by 721 points, closing at 81,463.09, while the Nifty50 dropped 225 points to settle at 24,837—both indexes experiencing their most significant correction in recent weeks. Major blue-chip losses were reported across heavyweight counters, notably Bajaj Finance and Bajaj Finserv, while only select pharma stocks resisted the downward pull.

The sectoral slide was indiscriminate, with only the pharmaceutical index managing to post marginal gains, even as autos, IT, metals, realty, and financials bore the brunt of heavy selling. Small- and mid-cap stocks also witnessed sharp declines, a sign that investors are repositioning portfolios in anticipation of continued global instability. Financial experts attribute the fall to a combination of weak quarterly earnings from major players and ongoing concerns over the sectoral impact of evolving global trade policies.

Despite the correction, the primary market remains vibrant. A wave of new IPOs is set to debut next week, led by the National Securities Depository Limited’s much-anticipated $4,011 crore offering. Market watchers expect investor focus to remain high as this new batch of listings could offer a counterbalance to the volatility in secondary trading.