12.06.202511:12:41UTC+00Indian Stocks End at Near 1-Month Low

The BSE Sensex in India experienced a further decline, finishing roughly 1% lower at 81,692 on Thursday, marking the lowest level since mid-May. This drop halted the slight gains seen the previous day. Investor sentiment was affected as many chose to engage in profit-booking due to the ongoing uncertainties surrounding the US-China trade negotiations, escalating tensions in the Middle East, and renewed tariff threats from President Donald Trump. Additionally, a plane crash in western India further contributed to the negative market outlook.

On the domestic front, May inflation figures caught investors' attention, especially following an encouraging US inflation report issued the previous day, which heightened expectations for potential interest rate cuts by the Federal Reserve. Across various corporate sectors, losses were recorded. Tata Motors led the decline with a 2.9% drop, followed by Titan with a 2.7% decrease. Companies such as Eternal, Mahindra & Mahindra, Tata Steel, Power Grid, L&T, and Infosys also faced declines between 2.3% and 1.7%. In contrast, a few companies bucked the trend with gains, including Asian Paints (+0.8%), Bajaj Finserv (+0.6%), and Tech Mahindra (+0.4%).