North India Statesman
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Ahmedabad: Indian stock markets continued to decline for the fifth consecutive day amid weak global signals. The BSE Sensex fell 200 points to below 74,000. While the Nifty also failed to shut down above the level of 22,400. Due to this decline, investors in the stock market lost about Rs 1.71 lakh crore today. Given the current global environment, especially in view of the uncertainty regarding the tariff policies of Donald Trump, investors have considered it appropriate to stay away from the market. As a result, the market closed in a negative range on the fifth day today. The Indian stock markets will remain closed due to the Dhuleti festival on Friday, March 14, 2025.
In today’s trading session, the benchmark rose in the beginning following soft figures of the US and domestic inflation, but later declined after Europe and Canadian counter attacks and Trump threatened to put more tariffs, which increased the concern of trade war.
Today, the Sensex reached the highest level of 74,401 due to fresh purchases in the initial season, but the initial increase in auto, IT and some banking stocks ended the initial growth due to continuous selling, leading to the BSE benchmark dropped by 630 points to close at a low of 73,771. At the end of the trading, the Sensex fell 200.85 points or 0.27% to close at 73,828.91.
The NSE Nifty index also fell from the highest level of 22,558 to a low of 22,377 and finally fell 73.30 points to close at 22,397.20. Thus, the Nifty Index today closed down by losing 22,400 levels.
Selling in heavy stock
The Sensex and Nifty failed to maintain their initial lead today and closed with disadvantages, as big shares such as Reliance, IndusInd Bank, HDFC Bank and Tata Motors, as well as other shares, faced selling pressure due to adverse domestic and global reports. Today, BEL shares today gained 1.18% to close at 280.07, while SBI shares rose 0.67% to close at 727.85. After this, NTPC shares rose 0.54 per cent to Rs 1,250. Closed at Rs 331.90, while Cipla’s stock rose 0.53% to close at Rs 331.90. Apart from this, ICICI Bank shares rose 0.50% to close at 1,250. Sriram Finance shares fell 2.74% to close at 619.55, Hero MotoCorp shares fell 2.25% to close at 3,529. While Hindalco fell 1.82% to Rs 1,445.80. IndusInd Bank shares fell 1.81% to Rs 677.35. It closed at 672.35.
Decline in regional indices
Talking about the sectoral index, in today’s business, Nifty FMCG fell 0.15 per cent to 51,879, Nifty Pharma Index fell 0.18 per cent to 20,387, Nifty IT index fell 0.52 per cent to 36,123, Nifty Metal 0.87 per cent weakened by 0.87 per cent to 8,7778, Nifty Auto 1.10 per cent, Nifty Auto 1.10 per cent falls with Nifty Auto 1.10 per cent. Closed at 20,554. The BSE Smallcap index declined by 0.62 percent and the midcap index by 0.77 percent. However, Banckes and Power Index were in favor of improvement.
Decreased investors’ property
Investors’ assets (BSE Market Cap) declined by Rs 1.71 lakh crore to Rs 1,25,455.50 today due to the recession in the market. 391.12 lakh crore rupees.
Weakness in Asian markets
Today, Asian markets have weakness in China, Japan and Hong Kong, while European markets recorded improvements.
