Stock Market, Nifty 50, Sensex Today Live Updates: Indian benchmark indices Sensex and Nifty closed lower on Tuesday, extending losses after slipping from their fresh record highs in the previous session amid profit-booking and sustained foreign investor selling. The rupee also weakened further, touching an all-time low of 90.00 against the US dollar during intraday trade.
The BSE Sensex ended at 85,138.27, down 503.63 points or 0.59 per cent, while the NSE Nifty50 settled at 26,032.20, lower by 143.55 points or 0.55 per cent.
In the broader market, the Nifty MidCap index declined 0.22 per cent, while the Nifty SmallCap index slipped 0.55 per cent.
Global Cues
Asian markets were mostly higher on Tuesday. South Korean auto stocks rallied after US Commerce Secretary Howard Lutnick confirmed that reduced US auto tariffs of 15 per cent on South Korea would take effect retrospectively from November 1. Shares of Hyundai Motor jumped nearly 5 per cent, while Kia gained about 3 per cent, pushing the Kospi up 1.02 per cent.
South Korea’s November inflation rose 2.4 per cent year-on-year, marginally above estimates, while core inflation stayed at 2 per cent. The stable inflation trend supports the Bank of Korea’s decision to hold rates steady at 2.5 per cent.
Across Asia, sentiment remained cautious after a crypto-led sell-off on Wall Street. Bitcoin slumped nearly 6 per cent overnight, weighing on crypto-linked stocks such as Coinbase and Strategy. AI-linked stocks like Broadcom and Super Micro Computer also witnessed profit-taking.
Japan’s Nikkei 225 advanced 0.54 per cent in early trade. Japanese government bond yields surged, with the 10-year yield rising to 1.88 per cent — its highest level since 2008 — on expectations of a rate hike. Australia’s ASX 200 edged up 0.12 per cent.
Overnight in the US, the S&P 500 fell 0.53 per cent, the Nasdaq Composite declined 0.38 per cent, and the Dow Jones Industrial Average dropped 0.9 per cent.