Benchmark BSE Sensex reversed its early features to shut decrease by 200 points on Thursday (March 13, 2025), marking its fifth straight session of losses on account of promoting in realty, IT and auto counters.
The 30-share BSE Sensex declined by 200.85 points or 0.27% to shut at 73,828.91 with 22 of its constituents ending decrease and eight with features. The index opened increased and hit a excessive of 74,401.11 in the late morning session. The index failed to carry onto features on account of persistent promoting in choose bluechips and shed 259.17 points or 0.35% to hit a low of 73,770.59 later.
The NSE Nifty fell 73.30 points or 0.33% to settle at 22,397.20. In the session, the benchmark declined by 93.15 points or 0.41% to hit an intraday low of 22,377.35.
From the 30 Sensex corporations, Zomato, Tata Motors, IndusInd Bank, Asian Paints, Bajaj Finance, Maruti Suzuki India, Adani Ports, Hindustan Unilever, Reliance Industries, Bajaj Finserv, UltraTech Cement and Infosys had been among the many laggards.
In distinction, State Bank of India, ICICI Bank, Tata Steel, NTPC, Tata Consultancy Services, PowerGrid, Kotak Mahindra Bank and Sun Pharmaceuticals had been the gainers.
“Shortened trading week and sell-off in the U.S. short market are providing a hiccup to the global market. However, India is withstanding with resilience and healthy outperformance, by a narrow negative trend,” Vinod Nair, Head of Research, Geojit Financial Services mentioned.
Ajit Mishra – SVP, Research, Religare Broking Ltd, mentioned, “On the weekly expiry day, markets remained range-bound and closed slightly lower. While positive global cues initially drove an uptick, selling pressure in heavyweight stocks across sectors pulled the Nifty into the red.” In Asian markets, Tokyo, Shanghai, Hong Kong and Seoul settled decrease. European markets had been buying and selling increased in the mid-session offers. US markets closed on a constructive word on Wednesday.
Meanwhile, world oil benchmark Brent Crude traded 0.34% decrease at $70.71 a barrel.
Foreign Institutional Investors (FIIs) offered equities value ₹1,627.61 crore, whereas Domestic Institutional Investors (DIIs) bought equities value ₹1,510.35 crore on Wednesday, in response to alternate knowledge.
On Wednesday, the 30-share BSE Sensex fell 72.56 points to shut at 74,029.76. The NSE Nifty slipped 27.40 points to finish at 22,470.50.
Published – March 13, 2025 04:45 pm IST
