February 14, 2025
New Delhi, India
Stock Market Highlights
Indian stock markets continued their losing streak for the eighth consecutive session on Friday, as global trade concerns and broad-based selling rattled investors. The BSE Sensex closed 199.76 points lower at 75,939.21, while the Nifty 50 dropped 102.15 points to 22,929.25.
Key Market Highlights:
- Sensex: 75,939.21 (-199.76 points | -0.26%)
- Nifty 50: 22,929.25 (-102.15 points | -0.44%)
- Nifty Smallcap 100: 15,373.70 (-4%) – enters bear market after 22% decline from its peak.
- Nifty Midcap 150: 18,325.40 (-2.5%)
Sectoral Performance:
All 13 major sectors ended in the red, with pharma stocks taking a significant hit:
- Natco Pharma & Laurus Labs: -9% each
- IFCI, Glenmark Pharma, Finolex Cables: Down 7% or more.
Top Losers:
- Adani Ports, BEL: -4% each
- Sun Pharma, Bajaj Auto, Hero MotoCorp: Declined 2.5% to 5%.
Trump’s Tariff Impact:
The decline followed US President Donald Trump’s order for country-specific tariffs, targeting cars, semiconductors, and pharmaceuticals. This development raised concerns about potential trade disruptions between India and the US.
Market Outlook:
The market cap of the Indian stock market slipped below $4 trillion for the first time in over 14 months, weighed down by a weak rupee. Experts suggest cautious trading until global trade uncertainties subside.
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