Sensex, Nifty End Lower On Weak Global Cues

(RTTNews) - Indian shares ended Tuesday's session lower, mirroring weak cues from global markets. Global sentiment was fragile as tensions between the United States and China escalated and a U.S. federal government's partial shutdown entered its 14th day.

Closer home, signs of easing retail inflation and upbeat quarterly earnings results from IT major HCL Technologies helped limit overall losses to some extent.

India's CPI Inflation fell sharply in September 2025 to 1.54 percent, the lowest in 99 months, and the annual rate of inflation based on the Wholesale Price Index (WPI) eased to 0.13 percent in the month, boosting expectations of a potential rate cut by the Reserve Bank of India in December.

The benchmark BSE Sensex ended the session down 297.07 points, or 0.36 percent, at 82,029.98.

The NSE Nifty index fell 81.85 points, or 0.32 percent, to 25,145.50 amid broad-based selling and Nifty F&O expiry.

The BSE mid-cap and small-cap indexes fell 0.7 percent and 1 percent, respectively. The market breadth was weak on the BSE, with 2,875 shares falling while 1,335 shares rose and 124 shares closed unchanged.

Tata Motors, Adani Ports, Sun Pharma, Axis Bank, Asian Paints, Trent, NTPC, TCS, Tata Steel, BEL and Bajaj Finance lost 1-2 percent, while Tech Mahindra ended 1.3 percent higher ahead of its earnings release.

Globally, Asian markets ended broadly lower as Sino-U.S. trade tensions simmered and Republican House Speaker Mike Johnson predicted the U.S. federal government shutdown may become the longest in history.

European stocks traded lower in early trade as traders monitored ongoing political upheaval in France and braced for an address by Federal Reserve Chair Jerome Powell as well as earnings from Wall Street's biggest banks.

Gold hit a new peak at $4,179.71 today, driven by geopolitical uncertainties, escalating U.S.-China trade tensions and expectations for more interest-rate cuts by the U.S. Federal Reserve.

Oil prices were down more than 2 percent in European trade as trade tensions clouded the outlook for global growth and fuel demand.