By – Sujata Muguda, Stock Marketing Analyst
Stock Market LIVE Updates, Monday, February 3, 2025: Indian fairness benchmarks opened sharply lower on Monday, mirroring susceptible international trends and cautious investor sentiment ahead of the Reserve Bank of India’s (RBI) economic policy selection later this week.
Opening Bell Snapshot:
- The BSE Sensex tumbled 515.26 factors (0.66%) to 76,990.70.
- The Nifty50 slid 210.95 factors (0.9%) to 23,271.20.
Sectoral Turmoil:
All sectoral indices traded in poor territory, with metals (-3.19%) and realty (-2.07%) bearing the brunt of the sell-off. Key heavyweights like IT (-1.44%), Banking (-1.04%), Pharma (-1.10%), Oil & Gas (-1.79%), and Financial Services (-0.91%) also dragged the indices lower.
Broader Markets & Volatility:
The BSE MidCap and SmallCap indices fell 1.49% and 1.53%, respectively, reflecting good-sized chance aversion. Meanwhile, the India VIX, a gauge of marketplace volatility, surged five.07% to fourteen.81, signaling heightened dealer tension.
Budget 2025: Long-Term Hopes vs Short-Term Jitters
While Finance Minister Nirmala Sitharaman’s Union Budget 2025, unveiled on February 1, mentioned measures to revive economic increase and boost India’s ‘Viksit Bharat’ imaginative and prescient by 2027, markets seemed unimpressed within the near period. Analysts recommend investors are adopting a wait-and-watch technique amid worries over implementation timelines and fiscal area.
Key Headwinds:
• Global Trade Tensions: Escalating U.S.-China exchange struggle fears dampened chance appetite globally.
• RBI Policy Decision: The critical financial institution’s price-putting meeting later this week has buyers speculating approximately capacity charge cuts amid slowing inflation.
• FII Outflows: Persistent selling by using overseas institutional traders (FIIs) added strain, with internet outflows crossing ₹8,200 crore in January.
Outlook:
Market individuals expect persisted volatility as international macro dangers, domestic policy movements, and earnings season tendencies dictate tendencies. Traders are possibly to tune the RBI’s observation on increase-inflation dynamics and liquidity measures for directional cues.
Disclaimer: This article is for informational functions best and does now not represent monetary recommendation. Readers are counseled to seek advice from certified economic specialists before making investment selections. Data and activities stated are primarily based on hypothetical situations as of February 2025.