Mumbai, India – Indian benchmark indices experienced a downturn today, with the Sensex falling over 200 points and the Nifty slipping below the 25,550 mark. The decline was broad-based, with significant pressure observed in banking and financial stocks.
At approximately 9:37 AM IST, the Sensex traded lower, reflecting the day's negative sentiment. The Nifty 50 also experienced losses, contributing to the overall market decline.
Bajaj Twins Under Pressure
Among the prominent losers were Bajaj Finserv and Bajaj Finance, with shares of both companies declining by up to 6%. This decline made them top losers in both the Sensex and Nifty 50 indices. During the trading session, Bajaj Finserv was trading at Rs 1,948.70 on the NSE, down 5.72 percent. It had earlier tumbled as much as 6.8 percent to Rs 1,926.50 apiece. Bajaj Finance was trading at Rs 8,587 per share on the NSE, down 5.56 percent. It touched an intraday low of Rs 8,556 apiece, down 5.9 percent.
The fall in the Bajaj twins' shares followed the announcement of their fourth-quarter results for the fiscal year ending March 31, 2025 (Q4 FY25). On Monday, Bajaj Finance reported a 21.89% year-on-year (YoY) surge in its consolidated net profit. The NBFC's asset quality declined as its gross non-performing assets (GNPA) increased to 1.24% from 1.06% annually and 1.03% sequentially.
Factors Influencing Market Sentiment
Several factors contributed to the market's negative performance. Continuous selling pressure from foreign institutional investors (FIIs) has been a major factor. Furthermore, profit booking in key sectors such as banking and metals added to the downward pressure.
Global Cues
Global market cues were mixed. Earlier in the day, Indian markets had opened higher, supported by renewed optimism regarding potential trade breakthroughs and a generally brighter global outlook. Asian markets had also displayed optimism, fueled by hopes of resolving the prolonged US government shutdown. However, these positive sentiments were not sustained throughout the trading session.
Expert Opinions
Earlier in the week, analysts anticipated range-bound movement in the market, influenced by corporate earnings and ongoing India-US trade discussions. Concerns about an AI-driven stock bubble in other markets were also raised, potentially favoring renewed investor interest in Indian equities.
Other Market Movements
Despite the overall negative trend, some stocks showed positive movement. Titan Company Ltd, Bharti Airtel Ltd, and Mahindra & Mahindra Ltd experienced gains in the current trading session.
(Note: This news report is based on available information as of November 11, 2025, and market conditions are subject to change.)
