Sensex & Nifty 50 Close With Losses Upto 0.76 Per Cent, Midcap & Smallcap Indices Down Over 2.00 Per Cent
The Nifty 50 finished the day down by 0.76 per cent at 23,381.60, while the Sensex registered a decline of 0.70 per cent to close at 77,311.80.
Market Update 3:30 PM: Indian equity markets ended the trading session on a negative note, with key indices closing significantly lower. The Nifty 50 finished the day down by 0.76 per cent at 23,381.60, while the Sensex registered a decline of 0.70 per cent to close at 77,311.80.
The broader market indices also experienced considerable losses. The Nifty Midcap 150 decreased by 2.08 per cent to reach 19,406.95, and the Nifty Smallcap 250 fell by 2.13 per cent to 15,693.60.
Market volatility witnessed an increase, with the India VIX rising by 5.55 per cent to 14.45.
From a sectoral perspective, most sectors concluded the day in the red. The top sectoral losers included Nifty Realty (-2.99 per cent), Nifty Metal (-2.64 per cent), and Nifty Consumer Durables (-2.36 per cent). Conversely, there were no significant sectoral outperformers.
Within the Nifty 50 index, Kotak Bank (1.74 per cent gain), Bharti Airtel (1.06 per cent gain), and Britannia (0.91 per cent gain) emerged as the Top Gainers, while Trent (4.48 per cent loss), PowerGrid (3.27 per cent loss), and Tata Steel (3.18 per cent loss) were the major laggards.
The overall market sentiment remained negative, with 627 stocks advancing and 2,258 stocks declining, indicating widespread selling pressure.
Market Update 2:20 PM: Indian equity markets continued their downward trend, with benchmark indices trading significantly lower. The Nifty 50 is down by 0.97 per cent at 23,331.95, while the Sensex declined by 0.91 per cent to 77,148.97.
Broader market indices also witnessed substantial losses. The Nifty Midcap 150 fell by 2.30 per cent to 19,364.55, and the Nifty Smallcap 250 plunged by 2.66 per cent to 15,608.70.
Market volatility increased further, with the India VIX rising by 6.26 per cent to 14.54.
Sectorally, none of the sectors managed to remain in the green. The top sectoral losers include Nifty Metal (-2.82 per cent), Nifty Consumer Durables (-2.75 per cent) and Nifty Media (-2.72 per cent).
Among Nifty 50 constituents, Britannia, Kotak Bank and Bharti Airtel were the top performers, while Trent, Tata Steel, and PowerGrid were the major draggers.
Market breadth remained negative with 499 advances and 2,330 declines, reflecting widespread selling pressure.
Market Update: 9:50 AM: Indian equity markets are witnessing a downward trend in early trade today, with benchmark indices declining due to Trump tariff threat. The Nifty 50 is down by 0.58 per cent to 23,424.45, while the Sensex has decreased by 0.48 per cent at 77,485.83.
Broader market indices are showing a negative trend. The Nifty Midcap 150 has declined 1.03 per cent to 19,615.50, and the Nifty Smallcap 250 has slipped 1.45 per cent to 15,802.70.
Market volatility has increased slightly, with the India VIX up 5.20 per cent to 14.40.
Sectorally, Nifty FMCG (0.32 per cent) is the only gainer. Conversely, Nifty Metal (-2.69 per cent), Nifty Realty (-2.00 per cent), and Nifty Pharma (-1.73 per cent) are the top sectoral laggards.
Among Nifty 50 constituents, Britannia, Bharti Airtel, and Hindustan Unilever are the top performers, while Tata Steel, JSW Steel, and PowerGrid are the major draggers.
Market breadth is negative, with 578 advances and 1,880 declines, suggesting a cautious approach by investors.
Market Update 8:15 AM: U.S. stock markets concluded Friday's trading session with declines as investors reacted to the President's tariff announcement and digested disappointing employment and consumer sentiment data. The Dow Jones Industrial Average retreated 444.23 points, or 0.99 per cent, to close at 44,303.40. The S&P 500 fell 57.58 points, or 0.95 per cent, to finish at 6,025.99. The Nasdaq Composite dropped 268.59 points, or 1.36 per cent, to end at 19,523.40.
Asian markets were trading lower on Monday, mirroring the downturn in U.S. stock futures. Growing trade tension worries, fueled by the prospect of additional tariffs, and anticipation of key economic data releases weighed on investor confidence.
The GIFT Nifty hinted at a quiet start for Indian stocks. Around 7:00 AM IST, Nifty futures were quoted at 23,570, suggesting a flat market opening.
Indian equity benchmarks continued their downward trend for a third consecutive session on February 7, despite the Reserve Bank of India’s (RBI) recent rate cut. The Sensex decreased by 197.97 points, or 0.25 per cent, to 77,860, while the Nifty lost 43.4 points, or 0.18 per cent, to close at 23,559.95.
The U.S. Treasury market saw yields decline, with the 10-year yield falling 18 basis points to 4.48 per cent and the 2-year yield decreasing 15 basis points to 4.28 per cent in early Monday trading.
The U.S. dollar index edged higher to 108.31 against major currencies in early Monday trade.
WTI crude oil futures extended their upward movement, surpassing USD 71 per barrel on Monday. Supply concerns, triggered by new U.S. sanctions targeting Iranian crude oil exports to China, supported the price increase.
Foreign Institutional Investors (FIIs) were net sellers on February 7, offloading equities worth Rs 470 crore. Domestic Institutional Investors (DIIs) provided some support, purchasing equities worth Rs 454 crore.
Manappuram Finance is under the F&O ban today.
Disclaimer: The article is for informational purposes only and not investment advice.