Sensex down 570 points, nifty slips below 22,650; IT and midcap stocks under pressure. Stock Market LIVE Updates

Stock Market Today, the Indian stock market reflects poor global signals and investor worries about growing inflation and geopolitical uncertainty.  Trading around 74,790, the BSE Sensex slid 570 points; the Nifty 50 dropped 156 points to 22,639.70.  The Nifty Bank index also suffered sliding 0.88% to 48,548.55 under selling pressure.

Though the general pessimistic trend, several pharmaceutical firms showed resiliency; Dr. Reddy’s Laboratories’s Nifty Pharma index gained 0.62%.  The IT industry saw the worst performance meanwhile, with HCL Tech and Infosys dragging down the Nifty IT index 2.05%.

Stock Market Today: Important Market Notables

 Losers and Topgainers:

  •  Trading at ₹1,169.30, Dr. Reddy’s Labs had a 1.52% increase.
  •  HCL Tech lost 2.45% trading at ₹1,659.05, the biggest Loser.
  •  With 0.62%, Nifty Pharma arrived at ₹20,512.80.
  •  With a 2.05% decrease, Nifty IT traded at ₹39,712.70 in worst performance.
  •  Market News and Notes of Reference
  •  Veranda Learning acquires Navkar Digital Institute and BB Virtuals.

Veranda Learning, an Edtech business, said that they have acquired a 65% share in Navkar Digital Institute and a 40.41% share in BB Publications.  By June 2025, the firm also intends to purchase an extra 10.59% in BB Virtuals.  The action is supposed to increase Veranda’s profile in the field of online learning.

2. Stocks in the middle caps  Under Pressure for the Second Continuous Day

Strong selling pressure from midcap companies has been raising investor questions.  Notable drops include:

  •  Prestige Estate dropped 4.09%).
  •  CG Power dipped 3.04%.
  •  Max Financial dropped 2.97%.

 Profits-booking and global economic uncertainty are the main causes of the drop in midcap equities, analysts say.

3. Bharti Airtel aiming at 5% increase in stake in Airtel Africa

Signing their long-term dedication to growing in the African market, telecom behemoth Bharti Airtel is expected to raise its share in Airtel Africa by five percent.  Airtel Africa Mauritius Limited now owns 57.29% of Airtel Africa Plc.  The action is supposed to help Airtel maintain its position in the fast expanding African telecom sector.

4. Changes in the Effective March 28, 2025 Nifty 50 Index

Effective from March 28, 2025, the National Stock Exchange (NSE) has revealed modifications to the Nifty 50 index.

The index will be deleted from Britannia Industries and Bharat Petroleum Corporation (BPCL).

The index will include Jio Financial Services and Zomato.

These developments capture the changing dynamics of the Indian stock market as new-age digital businesses like Zomato become more well-known.

Professional Market Insights

Market analysts claim that several elements contribute to the recent stock market slump. Among them are:

Rising prices, geopolitical concerns, and worries about a likely economic slow-down have made investors wary globally.

Trade Tariff Policies of Trump: Former US President Donald Trump has suggested tariffs on Chinese imports, which has caused instability on world markets.

Attractive valuations have caused Foreign Institutional Investor (FII) Outflows from Indian equities to be pushing money into Chinese markets.

Investors are moving their emphasis from IT and midcaps to defensive industries including healthcare and FMCG.

Strategy and Market Outlook for Investors

Short-Term Traders: Given the projected ongoing volatility, stay wary.

Long-term investors can search for purchasing prospects in banking sector and large-cap equities, which have appealing prices right now.

Sectoral Focus: Near term performance of FMCG and pharma equities is predicted to be good.

Although the Indian stock market is going through a time of correction overall, long-term investors might profit from declines by concentrating on robust fundamental firms. source moneycontrol

For more such interesting and updated news or articles, Subscribe to apexadpros.

Show Comments (0) Hide Comments (0)
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x