Sensex, Nifty Slip Amid F&O Expiry; Investors Eye India-EU Free Trade Deal Announcement

Indian equity markets witnessed volatility on Tuesday, with the Sensex and Nifty showing cautious trading ahead of the Nifty futures and options (F&O) expiry. Investors were also closely tracking the formal announcement of the India–European Union (EU) free trade agreement (FTA).

At 11:00 AM, the BSE Sensex was trading at 81,238.65, down 299.05 points or 0.37%, while the NSE Nifty50 quoted 24,994.30, down 54.35 points or 0.22%.

On the BSE, Axis Bank, UltraTech Cement, and Adani Ports were among the top gainers, while Kotak Mahindra Bank, Maruti Suzuki, and M&M were the biggest losers.

In the broader markets, the Nifty MidCap 100 index slipped 0.10%, and the Nifty SmallCap 100 index fell 0.24%.

Sectoral Performance

Nifty Metal emerged as the top-performing sector, gaining over 1%, while Nifty Auto was the largest laggard, down nearly 1.5%.

Q3 Earnings to Watch

A slew of companies are set to announce their quarterly results today, including Asian Paints, Tata Consumer Products, Vodafone Idea, Vishal Mega Mart, Sumitomo Chemical India, Prime Focus, Ramkrishna Forgings, WeWork India Management, Raymond Lifestyle, Sunteck Realty, Vaibhav Global, RPG Life Sciences, Raymond Realty, Spandana Sphoorty Financial, Tips Films, Marico, Motilal Oswal Financial Services, Metro Brands, PC Jeweller, Mahindra Logistics, Monolithisch India, and Bikaji Foods International, among others.