Sensex And Nifty Start Lower As Bihar Election Counting Begins

Mumbai | November 14, 2025 The Indian stock market started the day on a weaker note this Friday as the benchmark indices opened in the negative zone. The fall came as global market signals remained dull and investors stayed cautious, especially with the counting of votes for the Bihar Assembly election underway. Concerns around the US Federal Reserve delaying a possible rate cut and continued selling by foreign institutional investors also affected market sentiment. By 9.25 am, the Sensex had dropped by 292 points and was trading at 84,185. The Nifty also slipped by 85 points, bringing it down to 25,794. Both showed a mild decline of around 0.33 to 0.35 per cent. While the main indices were struggling, the broader markets behaved differently. The Nifty Midcap 100 saw a small rise of 0.27 per cent, and the Nifty Smallcap 100 was up by 0.15 per cent, showing that mid- and small-sized companies were performing relatively better. Across sectors, the performance was mixed. FMCG, IT, auto, and metal stocks were among those falling, with IT showing the largest dip. On the other hand, Nifty Media stood out with a small gain, becoming the strongest performer in early trade. Market experts said that the effect of the Bihar election results on the stock market would mostly be short-lived. They believe the market’s long-term direction will depend on economic fundamentals such as earnings growth and GDP performance. They also pointed out that there is room for optimism, as India is expected to see strong economic growth and improving company performance in the coming months. For the Nifty, analysts placed immediate resistance levels at 25,950 and 26,000, while support was seen at 25,700 and 25,750. Asian markets also opened lower, following the decline on Wall Street. US tech stocks continued to fall, pulling down the Nasdaq by more than two per cent. The S&P 500 and Dow Jones also closed lower. This weakness carried into Asian markets, with major indices in China, Japan, Hong Kong, and South Korea declining between one and two per cent. Meanwhile, foreign investors continued to sell Indian equities on Thursday, recording outflows of over Rs 380 crore. In contrast, domestic institutional investors showed strong buying interest, purchasing stocks worth more than Rs 3,000 crore. Overall, the market started the day under pressure due to global uncertainty, investor caution, and election-day nervousness, but analysts expect the bigger picture to depend more on long-term economic factors rather than today’s political developments. Sensex And Nifty Start Lower As Bihar Election Counting Begins The market opened on a softer note today as investors reacted to weak global cues and stayed cautious while counting for the Bihar Assembly elections moved forward. Both Sensex and Nifty slipped in early trade, reflecting a mix of global uncertainty, ongoing selling by foreign investors, and nervousness linked to political outcomes. Despite this pressure, midcap and smallcap indices showed a bit of strength, moving slightly upward even as the main indices dipped. Sector performance was mixed, with FMCG, IT, auto, and metal stocks dragging the market, while media stocks managed to hold positive ground. Analysts believe today’s decline is more of a temporary reaction. They expect the long-term direction of the market to depend on economic fundamentals such as earnings growth and GDP expansion, which continue to show promising signs. Global markets also stayed under pressure as US tech stocks fell sharply and Asia followed with broad declines. Domestic investors, however, continued to support the market with strong buying. The day began with uncertainty, but experts say the bigger economic outlook remains stable and hopeful despite short-term volatility.