Stock market today: Indian indices – Sensex and Nifty – continued with downward trajectory to fall sharply on Monday’s trading session. The 30-share BSE Sensex opened with a decline of 297.8 points, settling at 75,641.41, while the NSE Nifty slipped 119.35 points to 22,809.90.
In the last eight trading days, the BSE benchmark tanked 2,644.6 points or 3.36 per cent, and the Nifty slumped 810 points or 3.41 per cent.
The decline in the market can be attributed to foreign fund outflows and sluggish corporate earnings dampened investor sentiment.
According to exchange data, Foreign Portfolio Investors (FPIs) sold equities worth ₹4,294.69 crore on Friday.
So far in 2025, total FPI outflows have reached ₹99,299 crore—nearing ₹1 lakh crore— as per depository data. In the first two weeks of this month alone, FPIs withdrew ₹21,272 crore, influenced by global tensions following U.S. import tariffs. This follows a net outflow of ₹78,027 crore recorded in January.
What’s next for Indian stock market?
According to brokerage firm JM Financial Nifty is tend to bounce up in the near term after consecutive negative sessions.
“In the current instance, the Nifty has closed in the red for 7 consecutive sessions yesterday, down by -3%. It is poised for its 8 consecutive negative close today. Given the historical analysis that the Nifty tends to bounce up in the near term post an occurrence of such an event, we expect limited downsides in the Nifty from hereon,” JM Financial’s Neeraj Agarwal said in a report.
The stock market expert further explained that the historical analysis of the daily price return indicates that the Nifty has seldomly closed in the negative territory for 8 or more consecutive sessions. Any such occurrence is followed by an up-move in the index on a 1-month and a 3-month basis.
Past Observations
Since the year 2015, the Nifty has closed in the red for 8 consecutive sessions on 3 occasions and for 9 consecutive sessions on 1 occasion.
First 8 consecutive sessions
During the first 8 consecutive negative sessions, in the observed 4 occasions, the Nifty has declined by an average of 4%. The maximum decline has been 4.4% while the minimum decline has been 3.4%.
In the current instance, the decline in the Nifty has been 4% including the sell-off observed today, according to the report.
After the market fall for 8 consecutive sessions, the within the period of 1-month, the average return on a daily closing high basis stands at 5.4%.
The median return stands at 5.8%. The minimum up-move has been 2.6% while maximum up-move has been 7.2%. An up-move in the range 0% to 5% has been observed on 1 instance while in remaining 3 instances, the up-move has been more than 5%, the report said.
The average return on a daily closing low basis stands at -1.5%. The median return too stands at -1.5%. The maximum decline has been -2.1% while minimum decline has been -0.9%.