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Mumbai: The Sensex plunged over 1%, slipping below the critical 75,000 mark on Monday, February 24, 2025, as global uncertainties, foreign fund outflows, and concerns over Donald Trump’s tariff threats rattled investor sentiment.
The BSE benchmark index fell 856.65 points, closing at 74,454.41, while the NSE Nifty dropped 242.55 points to 22,553.35, extending its losing streak.
Market Performance Over the Last 5 Sessions:
Sensex: Down 1,542.45 points
Nifty: Down 406.15 points (1.76%)
Major Gainers & Losers
Top Losers from the Sensex Pack:
NTPC
Tata Consultancy Services (TCS)
Infosys
Tech Mahindra
Bharti Airtel
Tata Steel
HCL Tech
Zomato
Top Gainers:
Nestlé
Kotak Mahindra Bank
Maruti Suzuki
ITC
Foreign Institutional Investors (FIIs) Continue Selling Spree
FII Selling Data:
- February 21, 2025: FIIs sold ₹3,449.15 crore worth of equities.
- Total FII Outflow in February: Over ₹23,710 crore withdrawn from Indian markets.
Expert Take on Market Decline
FII Sell-Off & Trump’s Tariff Threats Weigh on Markets
"The market is facing headwinds from relentless FII selling and global uncertainties relating to Trump tariffs. The sharp surge in Chinese stocks is another near-term challenge. In the US, rising long-term inflation expectations make an expected Fed rate cut unlikely."
– V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services
More Volatility Ahead Due to US Trade Policies
"Foreign fund outflows and concerns over US President Donald Trump’s tariff stance in his second term may keep investors cautious in a holiday-shortened week."
– Ameya Ranadive, Sr. Technical Analyst, StoxBox
Global & Commodity Market Trends
Global Markets:
- Asian markets: Hong Kong, Seoul, and Shanghai traded lower.
- US markets: Ended significantly lower on Friday.
Brent Crude Oil Prices:
- Down 2.13%, trading at $74.43 per barrel.
Outlook for the Week
Key Concerns for Investors:
- Relentless FII outflows
- Global uncertainties over Trump’s trade policies
- Surge in Chinese stock markets affecting Indian market flows
- Uncertainty over US Fed rate cuts due to rising inflation expectations
With Mahashivratri leading to a holiday-shortened trading week, analysts expect continued volatility and cautious investor sentiment.
