As of February 10, 2025, the Indian stock markets experienced a significant downturn, with both major indices closing in the red.
Market Performance:
BSE Sensex: The benchmark index declined by over 500 points, closing at 77,311.80, marking a 0.70% decrease.
Nifty 50: The Nifty 50 index fell by approximately 183 points, ending the day at 23,377.10, a decline of 0.78%.
Top Gainers:
Despite the overall market decline, some stocks managed to post gains. Here are the top gainers for the day:
Kotak Mahindra Bank Ltd.: Increased by 1.20%, closing at ₹1,959.45.
Bharti Airtel Ltd.: Rose by 0.90%, ending at ₹1,692.85.
ICICI Bank Ltd.: Gained 0.48%, closing at ₹1,262.90.
Tech Mahindra Ltd.: Up by 0.41%, finishing at ₹1,698.60.
HCL Technologies Ltd.: Increased by 0.40%, closing at ₹1,732.95.
Wipro Ltd.: Rose by 0.27%, ending at ₹318.90.
Tata Consultancy Services Ltd.: Gained 0.15%, closing at ₹4,035.50.
Top Losers:
Several stocks underperformed. Here are the top losers for the day:
Trent Ltd.: Declined significantly, leading the list of losers.
Adani Enterprises Ltd.: Experienced a notable drop in share price.
Tata Motors Ltd.: Faced a considerable decrease in value.
Hindalco Industries Ltd.: Saw a significant decline in its stock price.
JSW Steel Ltd.: Recorded a substantial drop in share value.
State Bank of India: Experienced a notable decrease in stock price.
Axis Bank Ltd.: Faced a considerable decline in its share value.
IndusInd Bank Ltd.: Saw a significant drop in stock price.
Bajaj Finance Ltd.: Recorded a substantial decrease in share value.
UltraTech Cement Ltd.: Experienced a notable decline in stock price.
Factors Influencing the Market:
The downturn was influenced by global market reactions to recent U.S. tariff announcements, which have heightened concerns over international trade relations.
Looking Ahead:
Investors are advised to monitor global economic developments and corporate earnings reports closely, as these factors are expected to influence market movements in the coming days.
Please note that the stock market is subject to rapid changes, and it's essential to consult real-time sources or financial advisors for the most current information.
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