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Market falls on IT selloff; mid, small-caps underperform
The Statesman Siliguri
|March 13, 2025
Sensex and Nifty ended lower as IT losses outweighed banking and auto gains amid US recession fears and volatility
Benchmark indices ended marginally lower on Wednesday in a highly volatile session as gains in banking and automobile shares were offset by losses in the IT sector.
At close, the Sensex declined 0.1 per cent, or 72.56 points, to settle at 74,029.76, while the Nifty slipped 0.12 per cent, or 27.4 points, to 22,470.5.
During the trading session, the Nifty reached a high of 22,577.4 and a low of 22,329.55 while the Sensex fluctuated within a range of 74,392.15 and 73,598.16.
The mid and small-cap segments underperformed the benchmarks with the BSE Midcap slipped 0.57 per cent, while the Smallcap index ended 0.48 per cent lower.
The overall market capitalisation of BSE-listed firms dropped below 393 lakh crore from over 394 lakh crore in the previous session.
This story is from the March 13, 2025 edition of The Statesman Siliguri.
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