FII outflows, trade deal concerns knock sentiment

Indian equities drifted lower on Wednesday as persistent foreign portfolio outflows, a weakening rupee, and lingering uncertainty over India-US trade negotiations dampened investor appetite, reinforcing the broader global risk-off mood.

- FPJ News Service

The Sensex fell 275.01 points to 84,391.27, while the Nifty-50 declined 81.65 points to 25,758, in step with weakness across global markets.

Volatility intensified after rising Japanese bond yields and expectations of a Bank of Japan policy shift unsettled investors. Sentiment was also subdued ahead of the US Federal Reserve's policy decision; while a 25-bps cut was widely anticipated, mixed data and internal divisions have cooled hopes of further easing in 2026.