Sensex falls over 150 pts, Nifty slips below 10,300
Mumbai, Oct 8 : The BSE Sensex fell over 150 points and the NSE Nifty dropped below the 10,300-level in early trade Monday on unabated foreign fund outflow amid weak Asian cues and the weakness in rupee.
Falling for the fourth straight session, the BSE 30-share barometer fell 169.20 points, or 0.53 per cent, to 34,207.79 after hitting a low of 34,106.24.
The gauge had plunged by 2,149.15 points in the previous three sessions.
Sectoral indices, led by metal, realty, consumer durables, capital goods, healthcare, auto, FMCG, power and teck, were trading in the negative terrain, falling up to 3.38 per cent.
The NSE Nifty fell 88.85 points, or 0.86 per cent, to 10,227.60.
Top laggards include Vedanta, Tata Steel, Adani Ports, HDFC, Wipro, L&T, RIL, Bajaj Auto, ITC, Maruti Suzuki, HUL, Sun Pharma, ICICI Bank, TCS, Bharti Airtel, IndusInd Bank, M&M and Axis Bank, dropping by up to 6.58 per cent.
However, Yes Bank, Coal India, SBI, ONGC, PowerGrid and Kotak Bank were trading in the green on value buying.
Foreign funds sold shares worth a net of Rs 3,370.14 crore, while domestic institutional investors bought equities worth Rs 1,902.07 crore Friday, provisional data showed.
Foreign investors have pulled out over Rs 9,300 crore (USD 1.3 billion) from the Indian capital market in the last four trading sessions.
Brokers said besides unabated foreign fund outflows, losses at other Asian markets, led by China and Friday's losses in the US market, dampened trading sentiments here.
Hong Kong's Hang Seng fell 0.87 per cent, while Taiwan TSEC index shed 0.78 per cent in their late morning deals. Shanghai Composite Index fell 2.95 per cent. Japanese markets are closed Monday for a public holiday.
The US Dow Jones Industrial Average ended 0.68 per cent down on Friday.
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'Ab kya hoga, ye rab jane...': Tharoor takes dig at failed US-Iran talks in Pakistan
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New Delhi (PTI): Senior Congress leader Shashi Tharoor on Monday took a swipe at the "failed" US-Iran peace talks in Pakistan with an Urdu couplet, saying only god knows now what will happen.
"Ab kya hoga, ye rab jane; Na woh mane, na ye mane (only god knows what will happen now as both sides did not agree)," Tharoor said on X, tagging a post-talks video clip of US Vice President J D Vance, who led the American delegation at the negotiations in Islamabad.
The United States and Iran failed to reach a peace deal at their historic 21-hour talks in Pakistan, leaving the fate of a tenuous two-week ceasefire in doubt, with both sides attempting to hold each other responsible for the collapse of the negotiations.
अब क्या होगा, ये रब जाने
— Shashi Tharoor (@ShashiTharoor) April 13, 2026
ना वो माने, ना ये माने https://t.co/DYrXpa7C8h
Vance said the Iranian side did not accept Washington's terms for ending the war even as the US presented its "final and best offer".
Hours after the talks collapsed, US President Donald Trump said on social media that the negotiations with Tehran failed as "Iran is unwilling to give up its nuclear ambitions".
Trump said the US Navy will actively interdict any vessel in international waters found to have paid tolls to Iran for transiting through the Strait of Hormuz, a critical shipping route that handles roughly 20 per cent of global oil and LNG (Liquefied Natural Gas).
Iranian Parliament Speaker Mohammad Bagher Ghalibaf, the head of the Iranian negotiation team, said it is for the US to decide whether it can "earn our trust or not".
The Iranian foreign ministry, without elaborating, said the US side resorted to "excessive" and "illegal demands".
The failure to reach an agreement has dimmed the prospect of reopening the Strait of Hormuz to stabilise the global energy marke
