The Indian stock market recorded a huge decline on the first trading day of the week. The Sensex fell at 74,544.48, down to 74,544.48, while the Nifty fell 1.06% (242.55 points) to close at 22,553.35.
Sell pressure in the market
- In the Nifty, the shares of 82 companies were upper circuit, while the shares of 178 companies were lower circuit.
- The shares of 20 companies reached 52-Veek High, while the shares of 213 companies reached 52-Veik Low.
- Major fall on BSE:
- TCS, ZOMATO, HCL Tech: Fall by more than 3%
- Bharti Airtel, Tech Mahindra, Tata Steel: more than 2% loss
- Fast shares: Mahindra & Mahindra, Kotak Bank, Nestle India, Maruti, ITC
Neem Karoli Baba: Whoever you sow will bite, do not forget Neem Karoli Baba’s teachings
Day -long market update (24 February 2025)
- 2:30 PM: The Sensex fell 882 points to 74,428, the Nifty was trading at 22,546.
- 12:45 PM: Sensex declines by 764 points to 75,546, Nifty falls 223 points at 22,572.
- 11:00 AM: The Sensex fell 801 points to 74,509, the Nifty fell 242 points to 22,553.
- 10:08 AM: Bank Nifty fell 1.16% to 48,412, Nifty IT 2.32% broken.
- 9:42 AM: The Sensex fell 729 points to 74,581, Nifty fell 228 points to 22,568.
- 9:25 AM: As soon as the market opened, the Sensex fell 575 points to 74,735.
Effect of global market
- US market: Dou Jones closed 748 points (1.69%), S&P 500 104 points (1.71%), Nasdaq 438 points (2.20%) closed down.
- Asian Market: South Korea’s cospie fell 0.71%, Kosdac 1.21%.
- Gift Nifty: At the level of 22,682, which indicates a huge decline in the Indian market.
Should investors be worried?
Global economic concerns behind the decline, weakness in the US market, selling in Asian markets and effects of high interest rates are the main causes. Investors need to be vigilant and make strategies from a long -term perspective.
