Why did Sensex and Nifty fall today?

Mumbai : The domestic stock market opened on a negative note on the last trading day of the week Sensex dropped by 219 points to 81,414 while Nifty fell by 53.6 points to 24,780 following the gains seen on the previous day On Thursday, the market had rebounded with Sensex closing up 320.7 points at 81,633 and Nifty rising 81.15 points to 24,8336

The volatility in the market comes after two consecutive days of decline However positive sentiment was seen on Thursday following a favorable decision by a US court that blocked reciprocal tariffs imposed by President Donald Trump This decision boosted global markets and helped Indian benchmarks close in the green during Thursday’s session During intraday trading Sensex had surged as high as 81,816 points gaining over 500 points before settling lower by the end of the day

Despite the optimistic outlook on Thursday, the market opened with selling pressure on Friday with investors cautious about global cues and domestic economic data The rupee also weakened by 12 paise to close at 85.50 against the US dollar which added to the cautious sentiment among traders

Analysts suggest that markets may continue to experience fluctuations as investors digest global and domestic news including US policy decisions geopolitical tensions and upcoming corporate earnings The mixed signals from different economic indicators are likely to keep investors alert and responsive to market movements

Sector-wise performance is expected to vary with defensive stocks seeing some demand while cyclical sectors may face pressure The upcoming weekend will be closely watched for further developments that can set the tone for the next trading week Market participants are advised to remain cautious and consider long-term investment goals amid short-term volatility

Overall the market remains sensitive to both international and domestic factors with investor sentiment swinging between optimism and caution The stock exchanges are expected to remain volatile as traders await fresh cues from economic data releases and global events which will determine the direction of the market in the near future