The Equity Benchmark Indices Sensx and Nifty declined rapidly due to increasing tension with the Indo-Pak border on Friday (April 25, 2025) and after the terrorist attack in Pahgam in Jammu and Kashmir.
Eradicating the initial benefits, the 30-share BSE Barometer arranged at 588.90 points or 0.74% 79,212.53. During the day, it fell 1,195.62 points or 1.49% to 78,605.81.
Falling for the second day, NSE Nifty dropped from 207.35 points or 0.86% to 24,039.35.
Experts said that after Tuesday’s Pahalgam terror attack, anxiety over the growing geo -political stresses was weighed.
Except for the IT index, all the sectoral index closed in the red while the midcap and smallcap index fell more than 2% due to taking advantage.
“Investor Bhavna became cautious amidst increasing tension with the Indo-Pak limit.
Among Sensx shares, Adani Ports, Axis Bank, Eternal, Bajaj Finserv, Power Grid, Maruti, Bajaj Finance, Tata Motors, Tata Steel and NTPC were the largest Legard.
The country’s third largest private sector lender reported a sharp increase in debt loss provisions and a decline in business income for the last quarter of 2024-25. In the March quarter, the bank’s profit decreased to ₹ 7,117 crore, which ranged from ₹ 7,130 crore in the year ago.
However, Tata Consultancy Services, Infosys, Tech Mahindra, UltraTech Cement, IndusInd Bank, Hindustan Unilever and ICICI Bank were beneficial.
Despite the inauguration of Nifty at a high level on Friday, geopolitical tension with the neighboring nation caused a decline in the index, SMC Global Securities CEO Ajay Garg said.
“In the last few days, the Nifty has also revived 24,000 points with the expectations of FII procurement, banking stock rally, and positive results from US-India trade talks. With Bhurajnical Tension, profit-booking by investors has also been added to today’s market drop,” Garg said.
“Increased geopolitical uncertainty has inspired investors to adopt a risk-from one risk to trigger profit-booking after a recent sharp rally. Also, the markets appeared a little more after the vertical rise, inspired traders to reduce the exposure,” Ajit Mishra-Svp, Rechich, Screchch, Relhtra Brooking LTD said.
BSE Smallcap Gauge dropped 2.56% and midcap 2.44%.
Among the BSE regional indices, services 3.11%, utilities (2.96%), realty (2.87%), electricity (2.77%), consumer discretionary (2.28%), industrial (2.19%) and capital goods (2.06%) declined.
It and BSE ended it more.
3,246 shares declined while 719 were advanced and 119 unchanged on BSE.
In Asian markets, South Korea’s Kospi Index, Tokyo’s Nikkei 225 and Hong Kong’s Hong Seng settled in the positive area. Shanghai SSE overall decreased.
Markets were doing more business in Europe.
The American markets increased significantly on Thursday. The NASDAQ composite increased by 2.74%, S&P 500 by 2.03%and Dow Jones Industrial Average climbed 1.23%.
According to exchange data, foreign institutional investors (FII) on Thursday bought prices of 8,250.53 crores.
Global Oil Benchmark Brent crude declined by 0.50% to $ 66.24 per barrel.
On Thursday, 30-shyer BSE Benchmark Sensex on Thursday recorded 315.06 points or 0.39% at 79,801.43 on Thursday. The Nifty ran from 82.25 points or from 0.34% to 24,246.70.
Published – April 25, 2025 06:04 pm IST
