
Sensex, Nifty down 1% amid weak global markets
The Hindu
Stock markets in Europe were also trading lower in mid-session deals
Benchmark indices remained on the back foot for the second straight session on Tuesday, with the Sensex and Nifty declining almost 1% each amid a sell-off in global markets.
Investors were also cautious ahead of the release of retail inflation and factory output data.
The 30-share BSE Sensex opened on a weak note and fell 508.62 points or 0.94% to end at 53,886.61. During the day, it dropped 570.26 points or 1.04% to 53,824.97.
The broader NSE Nifty declined 157.70 points or 0.97% to settle at 16,058.30.
Among the Sensex constituents, Infosys, Nestle India, HCL Technologies, Hindustan Unilever, M&M and Kotak Mahindra Bank were the major laggards.
NTPC, Bharti Airtel and Bajaj Finance emerged as the gainers.
In Asia, markets in Shanghai, Tokyo, Seoul and Hong Kong ended in the red.

The latest Household Consumption Expenditure Survey (HCES) by MoS&PI reveals a transformative shift in India’s economic landscape. For the first time in over a decade, granular data on Monthly Per Capita Expenditure (MPCE) highlights a significant decline in the proportional share of food spending—a classic validation of Engel’s Law as real incomes rise. Between 1999 and 2024, both rural and urban consumption pivoted away from staple-heavy diets toward protein-rich foods, health, education, and conveyance. As Indian households move beyond subsistence, these shifting Indian household spending patterns offer vital insights for social sector policy, poverty estimation, and the lived realities of an expanding middle-income population.












