Nifty 50 Extends Losses, Slips 0.57% Amid Global Weakness

Indian markets continued their downward trend on Wednesday as the Nifty 50 fell by 0.57%, trading below the 23,050 mark. Weak global cues, persistent foreign institutional investor (FII) outflows, and concerns over U.S. trade policies dampened market sentiment. The Sensex also plunged over 500 points in early trade. Key stocks like Adani Ports, Tech Mahindra, and Trent led the decline, while Dr. Reddy's and ONGC showed resilience. Investors remain cautious amid ongoing earnings season and global uncertainties.

 

Sources: Zee Business, Moneycontrol, NDTV Profit.