Markets open greater; flip risky in a while overseas fund outflows, weak international cues

FIIs offloaded equities value ₹3,529.10 crore on Tuesday (February 25, 2025), in response to trade information. File
| Picture Credit score: Reuters

Fairness benchmark indices Sensex and Nifty started the commerce on a optimistic be aware on Thursday (February 27, 2025) however later confronted risky developments amid unabated overseas fund outflows, month-to-month derivatives expiry and weak international market cues.

The 30-share BSE benchmark Sensex climbed 231.97 factors to 74,834.09 in early commerce. The NSE Nifty went up by 65.75 factors to 22,613.30.

Later, the indices confronted risky developments and had been buying and selling between highs and lows.

From the Sensex pack, Bajaj Finserv, Bajaj Finance, IndusInd Financial institution, Axis Financial institution, Nestle and Tata Metal had been the largest gainers.

UltraTech Cement, Mahindra & Mahindra, NTPC, HCL Tech, Tech Mahindra and Tata Motors had been among the many main laggards.

International institutional traders (FIIs) offloaded equities value ₹3,529.10 crore on Tuesday (February 25, 2025), in response to trade information.

Inventory markets had been closed on Wednesday (February 26, 2025) for ‘Mahashivratri’.

“Volatility is more likely to be the hallmark as merchants roll over their February F&O contracts which expires right this moment. Worries over tariffs will proceed to weigh on home shares with loads of uncertainties surrounding the timing and the dimensions, whereas relentless FII promoting leaves traders to fret loads as they worry the brutal sell-off is more likely to worsen,” Prashanth Tapse, Senior VP (Analysis), Mehta Equities Ltd, stated.

He additional stated on the optimistic entrance, WTI oil costs falling in the direction of $69 a barrel supplies some cheer in an unsure international market.

In Asian markets, Tokyo quoted within the optimistic territory whereas Seoul, Shanghai and Hong Kong traded decrease.

U.S. markets ended on a blended be aware on Wednesday (February 26, 2025).

World oil benchmark Brent crude climbed 0.33% to $72.77 a barrel.

The Sensex climbed 147.71 factors or 0.20% to settle at 74,602.12 on Tuesday, February 25, 2025. The Nifty, nonetheless, fell for the sixth day, slipping 5.80 factors or 0.03% to complete at 22,547.55.