Sensex, Nifty Decline as Global Cues Weigh; IT, PSU Bank & Metal Stocks Drag

The Indian inventory marketplace opened and decreased on Monday, February 24, 2025, following blended international sentiment and a weak handover from US markets. The decline was induced by way of concerns over former US President Donald Trump’s proposed tariffs and their capability impact on the US financial system. Additionally, sparkling geopolitical tensions between Russia and Ukraine, coupled with reports of a new bat COVID-19 outbreak in China, dampened investor self-belief.

Market Overview

As of morning alternate, the BSE Sensex index turned down 737 points (0.98%) at 74,573, even as the Nifty50 declined 228 points (1%) to 22,567.8.

Among the Nifty50 stocks, 48 out of 50 were trading in the purple. Top losers included ONGC, HCL Tech, Bharat Electronics, Trent, Wipro, Power Grid, Hindalco, NTPC, SBI, Tech Mahindra, and SBI Life. The only gainer became Dr. Reddy’s Labs, which rose 0.66%, at the same time as Nestle remained unchanged.

Broader Market Performance

The selling pressure prolonged past the frontline indices:

  • The Nifty MidCap index went down 1.59%.
  • The Nifty SmallCap index declined 1.68%.
  • The India VIX, a degree of marketplace volatility, surged 5%, indicating heightened uncertainty.

Sectoral Performance

All NSE sectoral indices have been buying and selling in negative territory:

  • Nifty IT declined over 2%.
  • Nifty Realty dropped 1.5%.
  • Nifty Metal, Nifty PSU Bank, and Nifty Oil & Gas all fell by around 1%.

Market Sentiment and Global Factors

The susceptible sentiment inside the Indian markets can be attributed to a couple of international developments:

  • US Market Weakness – Concerns over new price lists proposed with the aid of Donald Trump, if re-elected, are developing uncertainty regarding trade guidelines and their impact on the global economic system.
  • Fresh Russia-Ukraine Tensions – Renewed geopolitical conflicts have caused a threat-off sentiment amongst worldwide buyers.
  • New Coronavirus Concerns – Reports of a new bat coronavirus outbreak in China have sparked fresh fears about capability monetary disruptions.

Investor Takeaway

With international uncertainties mounting, Indian markets may also continue to be volatile in the near term. Investors ought to stay cautious and undertake a selective method at the same time as making investment selections. Defensive shares inclusive of prescription drugs and FMCG may additionally offer a little stability in the course of this era.

Disclaimer: The data supplied in this text is for informational functions only and should now not be construed as an economic recommendation. Stock marketplace investments are challenged by risks, and readers are recommended to conduct their research or consult a professional before making any investment choices.