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Seven-day bullrun ends as Sensex, Nifty fall up to 1%
The New Indian Express Kannur
|March 27, 2025
INDIA's equity market snapped its seven-day winning streak on Wednesday as benchmark indices—the BSE Sensex and NSE Nifty50—declined up to 1% due to profit booking and uncertainty over potential US trade tariffs ahead of the April 2 deadline.
Before Wednesday's drop, both indices had rallied more than 5% each in the previous seven sessions.
The BSE Sensex closed at 77,288.50, down 728.69 points (0.93%), while the NSE Nifty50 ended 181 points (0.77%) lower at 23,486.85.
The broader market also saw profit booking, with the Nifty Smallcap100 index falling 1.07% and the Nifty Midcap100 index declining 0.62%.
Stocks and sectors with high US exposure, such as pharma and IT, faced selling pressure.
Except for IndusInd Bank, Power Grid Corp, Titan Company, and Mahindra & Mahindra, all other 26 Sensex stocks closed in the red.
This story is from the March 27, 2025 edition of The New Indian Express Kannur.
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