Indian equity markets extended their losing streak for the sixth consecutive session, with major indices posting significant declines as bearish sentiment dominated trading floors. The sustained selling pressure has resulted in substantial erosion of market value over the recent trading period.

Market Performance Overview

Both benchmark indices registered notable declines during the trading session. The performance metrics highlight the extent of the current market correction:

Extended Decline Pattern

The current session marked the sixth consecutive day of losses for Indian markets, representing a sustained period of bearish momentum. This extended decline has resulted in significant value erosion, with markets losing nearly 3% over the six-session period. The consistent selling pressure indicates persistent negative sentiment among market participants.

Market Sentiment Analysis

Multiple headwinds have contributed to the deteriorating market sentiment, creating a challenging environment for equity investors. The sustained nature of the decline suggests that various adverse factors are weighing on market performance simultaneously. Investor confidence has been impacted by these converging negative influences, leading to the prolonged selling pressure across market segments.

Trading Session Highlights

The current trading session witnessed broad-based weakness across major indices, with both the Nifty 50 and Sensex declining by approximately 0.80%. The Sensex registered a decline of over 600 points, while the Nifty 50 traded around the 25,475 level. This performance continues the pattern of consistent losses that has characterized recent market activity.

The cumulative impact of the six-session decline has resulted in nearly 3% erosion in market value, highlighting the severity of the current correction phase. Market participants continue to grapple with multiple challenging factors that are influencing trading decisions and overall market direction.

Indian equity markets opened on a bearish note on Monday, extending the cautious tone from the previous week as global uncertainties and sustained foreign institutional investor outflows continued to pressure benchmark indices. The decline comes after markets suffered their worst weekly loss in over three months, with investors remaining concerned about geopolitical developments and trade-related tensions.

Market Performance Overview

Both benchmark indices opened lower and extended their decline during early trading hours. The performance reflected continued investor caution amid multiple headwinds affecting market sentiment.

"Indian equity markets opened on a bearish note, extending the cautious tone of the past week as global cues remained mixed," said Ponmudi R, CEO of Enrich Money. "Geopolitical uncertainties, tariff-related concerns, and sustained FII selling continued to weigh on sentiment."

Previous Week's Performance Impact

Markets had suffered significant losses in the previous week, with the decline driven by renewed tariff threats from US President Donald Trump. The President's warning of 500% tariffs on nations purchasing Russian oil rattled emerging markets and triggered risk-off sentiment globally.

"Markets ended sharply lower on Friday as Donald Trump's renewed tariff threats rattled sentiment," said Prashanth Tapse, Senior VP (Research) at Mehta Equities. "Sentiment was further weighed down by a double hit of Q3 earnings uncertainty and tariff fears."

Individual Stock Performance

Despite the overall market decline, certain stocks managed to post gains while others extended their losses. The performance was mixed across sectors, reflecting selective buying in specific counters.

Top Gainers:

Top Losers:

Sectoral Performance and Global Concerns

Sectoral performance showed divergence, with defence stocks gaining while energy-related indices faced significant pressure. The Defence index gained 1.30% during the previous week, while India Tourism, Oil and Gas, and Energy indices shed over 5% each.

"The drama surrounding the US-India trade deal is getting murkier with strange remarks from the US administration. This is impacting the market," said Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments. "Geopolitical developments in Venezuela, the crisis in Iran and Trump's threats regarding Greenland are also being viewed by the markets with concern."

Institutional Investment Flows

Foreign and domestic institutional investor activity showed contrasting patterns, with FIIs continuing their selling pressure while DIIs provided market support.

"Rising civilian unrest in Iran and growing speculation over potential U.S. military involvement—raising the risk of a broader regional conflict in the Middle East—have further dampened risk appetite, triggering defensive positioning," Ponmudi R added.

Technical Outlook and Commodities Update

Technical indicators remained weak across the board, with analysts highlighting key support levels for the indices. Devarsh Vakil, Head of Prime Research at HDFC Securities, noted that "a decisive break below the 100-day EMA at 25,619 could accelerate selling toward the next major support at 25,318."

Shrikant Chouhan, Head Equity Research at Kotak Securities, stated that "as long as the market trades below the 50-day SMA or 26,000/84,900, the weak formation is likely to continue."

In commodities, gold and silver surged to fresh record highs, with COMEX Gold marking a lifetime high at $4,612.70 and MCX Gold reaching ₹1,41,250. Gold gained over 4% during the previous week, while silver rallied more than 7%, driven largely by heightened global uncertainty. Crude oil held near $59 per barrel after recording its strongest two-day rally since October amid geopolitical risks.

"Investor focus is also shifting to the Q3 earnings season, with major IT names such as TCS and HCL Technologies set to announce results—outcomes that could play a key role in shaping near-term market direction," said Ponmudi R.