LTIMindtree dropped 6.7 per cent after posting a decline in quarterly profit, while Wipro fell 2.5 per cent, extending Monday’s slump following a weaker-than-expected outlook for the fourth quarter. HDFC Bank was the lone stock from the Sensex pack to finish in the positive territory.The broader market underperformed the benchmarks.

Sun Pharma, InterGlobe Aviation, Trent, Asian Paints, Mahindra and Mahindra, and Bajaj Finserv also ended sharply lower. So far this month, the Nifty 50 has now ended lower in nine of the 13 trading sessions.Decoding Stock Market CrashAmong index heavyweights, Reliance Industries and ICICI Bank weighed on benchmarks after reporting third-quarter results that missed estimates.

This has now weighed heavily on risk assets while pushing safe-haven gold and silver prices higher. The BSE smallcap index tumbled 2.74 per cent, while the midcap gauge declined 2.52 per cent. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies.

Continued FII outflows, rising US and Japanese bond yields, and a weakening rupee weighed on investor confidence.” “Mid- and small-cap stocks underperformed the benchmarks, and sentiment was broadly negative across all sectors. During intraday trade, the index slid as much as 1,235.6 points or 1.48 per cent to a low of 82,010.58.

These opinions do not represent the views of The Times of India)About the AuthorTOI Business DeskThe TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India.

He added that the Indian equity market ended the session firmly in the red due to weak global cues, cautious investor positioning and subdued risk appetite.Valuations are being reset, stated Dharmesh Kant, head of equity research at Cholamandalam Securities. Services slid 2.89 per cent, capital goods fell 2.76 per cent, consumer discretionary dropped 2.73 per cent, consumer durables declined 2.71 per cent, telecommunication eased 2.42 per cent, auto lost 2.36 per cent, and power slipped 2.23 per cent.Market participants pointed to rising global uncertainty as a key driver of the selloff.

Fresh threats by US President Donald Trump to impose additional tariffs on European nations opposing the US move to take control of Greenland have triggered another bout of global equity selling, with Indian markets also witnessing broad-based pressure,” stated Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm.

The 30-share Sensex extended its losses, falling 1,065.71 points or 1.28 per cent to close at 82,180.47. In the near term, market sentiment is expected to hinge on the earnings season, while geopolitical developments and global trade conditions remain important influences,” he says.The US Supreme Court did not deliver its verdict on the legality of Trump’s tariffs on Tuesday as well – something that is expected to add to uncertainty on the global front.“The aggressive and often unpredictable use of tariffs by the US administration as a foreign policy tool is creating widespread unease among global market participants, triggering sharp volatility across financial markets.

Both Nifty50 and BSE Sensex declined by over 1%, dropping to over three-month lows as escalating geopolitical tensions due to US President Donald Trump’s persistent tariff threats and sustained foreign fund outflows battered market sentiment. Nifty50 logs steepest single-session decline in 8 months Selling pressure was visible across most frontline stocks.

The total market capitalisation of BSE-listed companies declined by Rs 9,86,093.96 crore to Rs 4,55,82,683.29 crore, or about $5.01 trillion.Foreign investors sold Indian equities worth about $3 billion in January, the largest monthly outflow since August. Market participants pointed to a disappointing earnings season as a key factor behind the decline.

All sectoral indices on the BSE closed lower, with realty leading the losses at 5.21 per cent. The markets saw their lowest closing levels in over three months as a broad-based selloff, driven by weak corporate earnings, global trade concerns and persistent foreign fund outflows, unsettled investors.

"While there have been outliers, most of the Nifty 50 companies that have revealed December-quarter earnings have disappointed."(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. What’s the road ahead for Indian stock markets?Market experts have turned cautious on the back of global uncertainty.

Vinod Nair, Head of Research at Geojit Investments Limited says, “Domestic markets remained cautious ahead of the US Supreme Court’s ruling on Trump-era tariffs, with renewed uncertainty over US trade policy prolonging the recent consolidation. Losses were led by information technology stocks and heavyweight Reliance Industries.The NSE Nifty 50 fell 1.38 per cent to end at 25,232.5.