Sensex, Nifty fall for 6th day dragged by FII outflows, trade war fears

Bajaj Finserv, Tata Steel, Larsen & Toubro, UltraTech Cement, Kotak Mahindra Bank and Tata Motors were among the gainers. File | Photo Credit: PTI

Stock markets closed little for the sixth consecutive time connected Wednesday (February 12, 2025) with Sensex falling by 122 points connected unabated overseas money outflows and commercialized warfare worries.

The 30-share BSE Sensex, which had tanked much than 900 points intra-day, closed astatine 76,171.08, down by 122.52 points oregon 0.16% pursuing a betterment successful fiscal stocks successful the past hour.

During the day, the benchmark tanked 905.21 points oregon 1.18% to descend beneath the 76,000-level to deed a debased of 75,388.39.

The NSE Nifty dipped 26.55 points oregon 0.12% to 23,045.25, marking its sixth consecutive time of losses. Intra-day, it tumbled 273.45 points oregon 1.18% to 22,798.35, falling beneath the important 23,000-mark.

Since February 4, the BSE bellwether gauge has slumped 2,412.73 points oregon 3.07%, portion the Nifty tanked 694 points oregon 2.92%.

From the 30-share Sensex pack, Mahindra & Mahindra, ITC, Power Grid, Reliance Industries, IndusInd Bank, Adani Ports, Titan and Infosys were the biggest laggards.

Bajaj Finserv, Tata Steel, Larsen & Toubro, UltraTech Cement, Kotak Mahindra Bank and Tata Motors were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worthy ₹4,486.41 crore connected Tuesday (February 11, 2025), according to speech data.

“The Indian marketplace saw a flimsy betterment from the crisp intraday declines; however, wide sentiment remained anemic owed to elevated broader marketplace valuations and muted Q3 net growth. Concerns implicit excessive valuations are expected to prolong the ongoing consolidation phase,” Vinod Nair, Head of Research, Geojit Financial Services, said.

Additionally, uncertainty regarding the interaction of metallic tariffs added to marketplace caution, Mr. Nair said.

“The upcoming merchandise of U.S. CPI ostentation information volition supply further marketplace direction,” helium added.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended successful the affirmative territory.

European markets were trading higher. U.S. markets ended mostly higher connected Tuesday (February 11, 2025).

Global lipid benchmark Brent crude declined 0.78% to $76.40 a barrel.

Declining for the 5th time moving connected Tuesday (February 11, 2025), the BSE Sensex dropped 1,018.20 points oregon 1.32% to settee astatine a two-week debased of 76,293.60. The Nifty cracked 309.80 points oregon 1.32% to 23,071.80.

Published - February 12, 2025 05:28 p.m. IST