EBM News English
Leading News Portal in English

Blood Bath In Share Market: Sensex & Nifty Settle In Red


Share Market Today: Bloodbath at the Dalal Street continues as India’s benchmark indices, Sensex and Nifty 50, settle down in red on Friday, February 21, 2025. The Sensex (index with top 30 firms) tumbled 424.90 points to settle at 75,311.06 on Friday. Meanwhile, Nifty50 (index with top 50 firms) was down 117.25 points to settle at 22,795.90 points.

Notably, Union Finance Minister Nirmala Sitharaman tabled the Income Tax Bill 2025 on February 13. Earlier on that day, Prime Minister Narendra Modi met the US President Donald Trump. However, this too couldn’t impress the share market.

Share Market Today: What’s Behind The Drop?

  • The Indian rupee is continuously witnessing decline. The INR is hitting fresh lows on almost every day.
  • US President Donald Trump said that the new 25% tariffs would be imposed on all steel and aluminum imports, in addition to existing duties. This led to the fall of several stocks.
  • The recent Delhi election results, which saw the BJP secure a decisive victory, were anticipated to bring stability to market sentiment.
  • Union Budget, presented on February 1 and RBI’s MPC decision to cut the repo rate by 25 basis points (bps) to 6.25% failed to impress the equity markets.
    Continuous selling by the foreign investors in Indian equities. Foreign investors have pulled out Rs 20,202 crore from Indian equities this month so far.

Stocks In Focus

Based on BSE data, here’s a snapshot of how key stocks performed in Friday’s trading session.

Company Price Change Closing Price (Rs)
ICICI Bank 1.46% Down 1,232
Tata Motors 2.46% Down 672.90
TCS (Tata Consultancy Services) 0.21% Up 3,785.75
Reliance Industries (RIL) 0.43% Down 1,227.70
Zomato 1.48% Down 230.25
HCL Technologies 0.75% Up 1,700.85
Tech Mahindra 0.58% Down 1,648
Adani Ports 2.57% Down 1,082.95
ITC 0.30% Down 401
Bajaj Finance 0.10% Down 8,390.05

On Friday, 9 out of 30 Sensex constituents ended in the green, while the 21 Sensex stock closed in the red.

ALSO READ: Elon Musk’s Starlink Seeks IN-SPACe Clearance, Set To Launch Services In India Soon


Written By

Akshat Mittal

Feb 21, 2025 16:04