Share Market Today: Bloodbath at the Dalal Street continues as India’s benchmark indices, Sensex and Nifty 50, settle down in red on Wednesday, February 12, 2025. The Sensex (index with top 30 firms) tumbled 122.52 points to settle at 76,171.08 on Wednesday. Meanwhile, Nifty50 (index with top 50 firms) was down 26.55 points to settle at 23,045.25 points.
Sensex and Nifty 50 opened the trade of Wednesday, in red, as well. Sensex tumbled 763.74 points to 75,529.86, whereas Nifty50 hit the low of 22,850.45 in the early trade. Indian equities are witnessing massive sell-offs by the foreign investors since this calendar year is started.
Moreover, Sensex and Nifty 50, settled down in red on Tuesday, February 11, 2025, as well. The Sensex tumbled by 1018.20 points to settle at 76,293.60 on Tuesday. Meanwhile, Nifty50 was down 309.80 points to settle at 23,071.80 points.
Share Market Today: What’s Behind The Bloodbath?
- The Indian rupee is continuously witnessing decline. The INR is hitting fresh lows on almost every day.
- US President Donald Trump said that the new 25% tariffs would be imposed on all steel and aluminum imports, in addition to existing duties. This led to the fall of several stocks.
- The recent Delhi election results, which saw the BJP secure a decisive victory, were anticipated to bring stability to market sentiment.
- Union Budget, presented on February 1 and RBI’s MPC decision to cut the repo rate by 25 basis points (bps) to 6.25% failed to impress the equity markets.
Continuous selling by the foreign investors in Indian equities. Foreign investors have pulled out Rs 10,112 crore from Indian equities this month so far.
Stocks In Focus
Based on BSE data, here’s a snapshot of how key stocks performed in Wednesday’s trading session.
Company | Price Change | Closing Price (Rs) |
---|---|---|
ICICI Bank | 0.12% Down | 1,251.95 |
Tata Motors | 0.99% Up | 684.40 |
TCS (Tata Consultancy Services) | 0.36% Down | 3,950.20 |
Reliance Industries (RIL) | 1.53% Down | 1,215.70 |
Zomato | 0.23% Down | 214.75 |
HCL Technologies | 0.42% Down | 1,715.20 |
Tech Mahindra | 0.42% Up | 1,677.10 |
Adani Ports | 0.88% Down | 1,129.35 |
ITC | 2.14% Down | 409.50 |
Bajaj Finance | 0.08% Up | 8,194.85 |
On Wednesday, 17 out of 30 Sensex constituents ended in the red, while the 13 Sensex stock closed in the green.
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