Stock Market Today: According to Vinod Nair, Head of Research at Geojit Investments, global risk sentiment has weakened due to US President Donald Trump's threat to impose new tariffs on European countries.

Heavy selling in Reliance and ICICI rattled the market, with the Sensex falling 324 points. Find out how the market will play out tomorrow.

Stock Market News: Domestic stock markets closed lower on Monday due to heavy selling in Reliance Industries and ICICI Bank amid growing uncertainties related to global tariffs, weakness in the rupee against the US dollar, and continued foreign capital outflows. The BSE Sensex fell 324.17 points, or 0.39 percent, to close at 83,246.18, having slipped 672 points during trading.

Reliance-ICICI sees sharp decline.

The NSE Nifty fell 108.85 points, or 0.42 percent, to 25,585.50. Reliance Industries fell the most among Sensex stocks, falling 3.04 percent, as a decline in gas production and weak retail sales offset the better performance of other sectors. ICICI Bank shares also fell 2.26 percent after the bank reported a decline in consolidated profit for the December quarter.

Titan, Adani Ports, TCS, and UltraTech Cement also ended in the red, while Indigo, Tech Mahindra, Hindustan Unilever, and Bajaj Finance gained. Asian markets were mixed, while European markets were trading weakly.

Investors alert

According to Vinod Nair, head of research at Geojit Investments, US President Donald Trump's threat to impose new tariffs on European countries has weakened global risk sentiment, prompting investors to turn to safe assets. Meanwhile, the rupee fell 14 paise to close at 90.92 per dollar, and Brent crude fell 1.22 percent to $63.35 per barrel.