Sensex Falls Over 300 Points: Trading Around 81,100, Metal and Auto Stocks Slide

New Delhi: The Indian stock market witnessed a sharp decline today as the Sensex fell by over 300 points, bringing it to the 81,100 level. Several key sectors, including metals and autos, were hit hard, contributing to the overall weakness in the market.

Sensex Performance:
The benchmark Sensex started the day on a weak note and continued to slide, dropping by more than 300 points. The index is currently trading around 81,100, reflecting a broad-based selloff in various sectors. Market analysts attribute the fall to global economic concerns, especially around rising interest rates and inflationary pressures, which are influencing investor sentiment.

Sector Impact:
The metal and auto sectors were among the worst performers in today’s trade. Key players in the metal industry saw their stocks decline due to falling commodity prices and concerns over slowing demand. Similarly, auto stocks slid as investors reacted to weaker-than-expected sales data and rising input costs, which are putting pressure on profit margins.

Global Factors:
Global market trends also played a role in dragging the Indian market down. Ongoing geopolitical tensions and the fear of a slowdown in global economic growth are pushing investors towards a risk-off sentiment. As a result, the Indian market is facing heavy selling pressure, particularly in cyclical sectors like metals and autos.