Indian shares are down for the sixth consecutive session on Monday due to concerns about geopolitical tensions and U.S. tariffs. Investors are eagerly awaiting quarterly earnings updates from companies like TCS and HCL Technologies. The benchmark BSE Sensex dropped nearly 540 points to 83,043.45, currently down 393.65 points or 0.47% at 83,182.59. The Nifty50 is down 101.55 points or 0.4% at 25,581.95. Various sectors like automobile, technology, healthcare, and realty are facing losses, with stocks like Bajaj Finance and Larsen & Toubro down 1.6% and 1.2% respectively.
On the other hand, some stocks like Coal India, HDFC Life, and SBI Life are gaining, with Indian Renewable Energy Development Agency Limited (IREDA) reporting a 37.5% increase in net profit in the third quarter. Avenue Supermarts, the operator of DMart retail chain, also reported an 18.3% rise in consolidated profit in the third quarter. However, the market breadth is weak, with more losers than gainers on BSE.
Read more at Nasdaq: Sensex, Nifty Down Firmly In Negative Territory After Weak Start
