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Seven-day bullrun ends as Sensex, Nifty fall up to 1%
The Morning Standard
|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.
यह कहानी The Morning Standard के March 27, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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