Stock Market Today: Sensex and Nifty under pressure; What’s driving Friday’s sudden slide?

New Delhi: The Indian equity market opened on a weak note on Friday, with key benchmarks witnessing a sharp decline. The BSE Sensex fell by about 455 points, trading around 82,855.57 at 09:19 am IST. Meanwhile, the NSE Nifty 50 dropped below the 25,400 mark and was hovering near 25,379.75, down roughly 130 points or 0.51%. Despite the market drop, this morning’s decline is slightly below the 500-point slide referenced in earlier reports suggesting the fall is steep but somewhat less dramatic than that headline. Stock Market Today: Sensex Dips, Nifty Slips; What Should Traders Watch Next? Global Cues and Domestic Headwinds Weigh Investors are treading cautiously amid weaker global signals. European indices showed softness at the open, and this has fed through to domestic sentiment. Domestically, the mood is also affected by foreign institutional investor (FII) outflows over recent sessions, and earnings from companies are failing to provide a strong counter-balance. Sector-Wise and Market Internals The broad market reflects the caution. Earlier in the week, sectors such as power, metals and financials showed signs of pressure. For example, on Thursday the Sensex dropped 148 points across a choppy session, with metal stocks among the hardest hit. Given the broad weakness, there appears to be limited selective buying; instead, profit-booking and risk-off sentiment dominate. What to Keep an Eye On Support levels: With Nifty around 25,350–25,400, a break below 25,300 might trigger further downside pressure. Global risk: Any escalation in international trade tensions or weak global earnings could exacerbate the slide. Corporate earnings: As the earnings season progresses, lacklustre results may weigh further on market mood. Stock Market Today: Nifty nears 26,100, Sensex soars 700 points; Is the bull run just getting started? FII flows: Any increase in foreign sell-off could amplify the correction; conversely, strong domestic investor (DII) buying might provide some cushion. The Indian stock market is under defensive posture as of mid-morning on 07 November 2025. With the Sensex down ~450-500 points and Nifty flirting around 25,350-25,400 marks, the tone is risk-off. Global uncertainty, muted earnings, and fund outflows are key drags. Unless there is a sharp turnaround in global cues or strong earnings surprise, the downside risks remain elevated into the session. Disclaimer: This article is for information only and not investment advice. Please consult a financial advisor before making investment decisions.