Indian stock indices drop due to global uncertainties, with mixed results for individual companies.

From Nasdaq: 2025-01-26 23:40:30

Indian shares opened lower on Monday due to disappointing Chinese industrial profits and manufacturing data, as well as the U.S. and Colombia avoiding a trade war. The S&P/BSE Sensex dropped 350 points to 75,836, while the NSE Nifty index fell 122 points to 22,970. JSW Steel’s quarterly profit plummeted 70%, causing a 2.6% decline in its stock. Godrej Consumer Products also reported a 14% drop in Q3 net profit, leading to a 1% decrease in its stock. FMCG stocks like Nestle India and Hindustan Unilever rose 1-2%, while Religare Enterprises increased over 1% amidst claims by Digvijay Gaekwad. DLF’s Q3 net profit surged 61%, boosting its stock by more than 4%.



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