Indian shares fall as Trump rules out trade talks, weak earnings add pressure

Benchmark Nifty 50 .NSEI and BSE Sensex .BSESN fall 0.7% each after President Trump rules out further trade talks with India, lacklustre earnings add to decline

Fourteen of 16 major sectors fall, led by heavyweight financials .NIFTYFIN and IT .NIFTYIT, down 0.8% each

Small-caps .NIFSMCP100 down 0.6%, mid-caps .NIFMDCP100 shed 0.9%

"Rising uncertainty over India-U.S. trade talks, combined with a lackluster earnings season, is driving persistent foreign selling and draining market liquidity," says Manish Goel, founder and MD, Equentis Wealth Advisory Services

FPIs have been net sellers for last 14 sessions amid trade tensions, valuation worries

Benchmarks set for sixth straight weekly loss, their longest losing streak since 2020

Bharti Airtel BRTI.NS falls 2.5%, among top drags on Nifty, after block deals at a discount

In contrast, Titan TITN.NS rises 1.7%, topping gainers, after higher June-quarter profit