Inventory market right now: Sensex drops beneath 75,000-mark; Nifty tanks 188 factors

Inventory market right now: Sensex drops beneath 75,000-mark; Nifty tanks 188 factors

Bombay Inventory Change (BSE) in Mumbai. File
| Picture Credit score: Reuters

Fairness benchmark indices Sensex and Nifty tumbled in early commerce on Monday (February 24, 2025) monitoring extraordinarily weak U.S. market developments, incessant international fund outflows and considerations over U.S. tariffs.

The 30-share BSE benchmark Sensex tanked 567.62 factors to 74,743.44 in early commerce. The NSE Nifty dropped 188.4 factors to 22,607.50.

From the Sensex pack, HCL Tech, IndusInd Financial institution, Zomato, Tech Mahindra, Tata Consultancy Companies, ICICI Financial institution, HDFC Financial institution and Energy Grid had been among the many greatest laggards.

Maruti and Mahindra & Mahindra had been the gainers from the pack.

Overseas Institutional Buyers (FIIs) offloaded equities price ₹3,449.15 crore on Friday, based on trade information.

Overseas buyers have pulled out over ₹23,710 crore from the Indian fairness markets to this point this month, pushing whole outflows previous ₹1 lakh crore in 2025 amid rising world commerce tensions.

“The market is going through headwinds from relentless FII promoting and world uncertainties referring to Trump tariffs. The sharp surge in Chinese language shares is one other near-term headwind. Within the US, long-term inflation expectations are rising and, due to this fact, the anticipated charge minimize by the Fed is unlikely to materialise,” V Okay Vijayakumar, Chief Funding Strategist, Geojit Monetary Service, stated.

In Asian markets, Seoul, Shanghai and Hong Kong had been buying and selling decrease.

US markets ended considerably decrease on Friday.

International oil benchmark Brent crude dropped 2.13% to $74.43 a barrel.

“As we advance, continued international fund outflows and considerations over US President Donald Trump’s tariff stance in his second time period in workplace could hold buyers on edge in a holiday-shortened week,” Ameya Ranadive, Chartered Market Technician, CFTe, Sr Technical Analyst, StoxBox, stated.

Falling for the fourth day on Friday, the BSE benchmark dropped 424.90 factors or 0.56% to settle at 75,311.06. The Nifty declined 117.25 factors or 0.51% to 22,795.90.

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