Benchmark fairness indices, BSE Sensex and NSE Nifty50, ended the week’s first trading session decrease on Monday, February 24, 2025, remaining down by using over 1% each. The 30-percentage Sensex tumbled 856.65 factors (1.14%) to 74,454.41, after trading within a variety of 74,907.04-74,387.44 in the day.
Similarly, the NSE Nifty50 ended decreased by 242.55 points (1.06%) at 22,553.35. The index hit an intraday excessive of 22,668.05 and a low of 22,518.80.
Market Performance
The day belonged to the bears, with 38 out of 50 Nifty50 stocks closing in the red. Major losers blanketed:
Wipro, HCL Tech, TCS, Infosys, and Bharti Airtel, with losses extending up to 3.70%.
However, 12 Nifty50 ingredients managed to stay afloat, with Mahindra & Mahindra, Dr. Reddy’s Labs, Eicher Motors, Hero MotoCorp, and Nestle India recording gains of up to at least 1.41%.
Broader Market Trends
The weak spot extended beyond the benchmark indices:
- Nifty SmallCap100 dropped 1.02%.
- Nifty MidCap100 declined 0.94%.
Sectoral Performance
All NSE sectoral indices ended inside the purple, except for Nifty Auto and FMCG. The largest sectoral losers were:
- Nifty IT (-2.Seventy one%), dragged down with the aid of LTTS, LTIMindtree, Wipro, and HCL Tech.
- Nifty Pharma (-2.17%).
- Market Sentiment and Global Cues
- The marketplace downturn changed prompted by international uncertainties, together with:
- Weak US marketplace handover due to tariff issues.
- Fresh geopolitical tensions between Russia and Ukraine.
- Fears of a brand new bat covid outbreak in China, raising sparkling economic concerns.
Investor Takeaway
With volatility persisting, traders are suggested to stay careful and reveal global tendencies. Defensive sectors which include prescribed drugs and FMCG might also offer a little stability for the duration of marketplace downturns.
Disclaimer: The statistics provided in this text are for informational functions and ought to not be construed as financial recommendations. Stock marketplace investments are situation dangers, and readers are suggested to conduct their research or seek advice from a professional earlier than making any funding decisions.