Share Market Today: India's benchmark indices, Sensex and Nifty 50, settled down in red on Friday, February 7, 2025. The Sensex (index with top 30 firms) tumbled by 197.97 points to settle at 77,860.19 on Friday. Meanwhile, Nifty50 (index with top 50 firms) was down 43.40 points to settle at 23,559.95 points.
The market is experiencing negative sentiments after the Budget 2025. Finance Minister Nirmala Sitharaman presented the Union Budget in the Parliament on February 1. The Indian equity markets are today influenced by Reserve Bank of India's (RBI) Monetary Policy Committee decisions.
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RBI has announced its sixth and the last bi-monthly monetary policy of Fiscal Year (FY) 2025 today, February 7. RBI in a major decision has reduced the benchmark repo rate by 25 basis points (bps) to 6.25% from 6.5%. This is the first-rate cut in nearly 5 years, with the last reduction done in May 2020. After that, the central bank has raised interest rates seven times, reaching 6.50%. RBI has kept the benchmark rates has remained unchanged since February 2023.
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However, Indian equity market finds it too late, too little. Notably, this was the first MPC meet under the leadership of new RBI Governor Sanjay Malhotra and also the first after the Union Budget 2025-2026 was presented on February 1.
Share Market Today: Stocks In Focus
Based on BSE data, here’s a snapshot of how key stocks performed in Friday's trading session.
| Company | Price Change | Closing Price (Rs) |
|---|---|---|
| ICICI Bank | 1.19% Down | 1,257.55 |
| Tata Motors | 0.42% Down | 706.55 |
| TCS (Tata Consultancy Services) | 1.31% Down | 4,029.35 |
| Reliance Industries (RIL) | 1.15% Down | 1,266.85 |
| Zomato | 2.10% Up | 233.85 |
| HCL Technologies | 0.13% Up | 1,726.05 |
| Tech Mahindra | 1.37% Up | 1,693.30 |
| Adani Ports | 1.44% Down | 1,147.15 |
| ITC | 2.38% Down | 430.90 |
| Bajaj Finance | 0.44% Down | 8,470.35 |
On Friday, 16 out of 30 Sensex constituents ended in the red, while the 14 Sensex stock closed in the green.
ALSO READ: RBI MPC: Benchmark Repo Rate Reduced By 25 BPS To 6.25% – First Cut In Nearly 5 Years