Stock Market Highlights: Sensex slips 217 pts, Nifty ends at 22,460; Broader indices fall up to 2%
Stock Market Highlights: The Sensex ended at 74,115 dragged by losses in Reliance and Larsen & Toubro. In the broader market, the MidCap shed 1.6 per cent, and SmallCap dropped 2.3 per cent on Monday.
 "BSE, NSE, Indian share market, Stock market")
Share Market Today: The Sensex ended with a loss of 217 points, and Nifty 92 points on Monday, dragged by Reliance Industries and Larsen & Toubro. (Photo: Bloomberg)
Stock Market Close Updates, Stock Market Today, Monday, March 10, 2025: Equity benchmark indices erased losses in late noon deals tracking negative cues from the US stock futures. In after market trades, Dow futures quoted with a loss of 400 points, while tech-laced NASDAQ futures too were down over 1 per cent (250 points) amid Trump tariffs related uncertainties. Back home, the BSE Sensex had surged to a high of 74,741 (up 407 points) in intra-day deals on Monday; however, owing to the late sell-off, the Sensex tumbled to a low of 74,022 - down over 700 points from the day's high, and eventually ended with a loss of 217 points or 0.3 per cent at 74,115. The NSE Nifty 50 index hit a high of 22,677, and a low of 22,429, before settling at 22,460 - down 92 points or 0.4 per cent on Monday.
Among the Sensex 30 shares, IndusInd Bank (down 4 per cent) plunged to a 31-month low after analysts cut target price on the stock. Zomato, Larsen & Toubro, Titan, Mahindra & Mahindra, Bajaj Finance and Reliance Industries were the other major losers, down 1 - 2 per cent each.
On the positive front, Power Grid Corporation rallied nearly 3 per cent. Hindustan Unilever, Infosys and Nestle India were the other notable movers today.
In the broader market, the BSE MidCap index shed 1.5 per cent, and the SmallCap tumbled over 2 per cent. Analysts attributed the fall to mix of factors, including high valuations despite declines of more than 18 per cent and 20 per cent from their peaks, ongoing economic uncertainties, and liquidity concerns. READ MORE
Among sectoral indices - the BSE Capital Goods, Consumer Durables and Oil & Gas cracked over 2 per cent each; the auto index was down 1.2 per cent.
3:59 PM
Stock Market LIVE Updates: Technical view
Stock Market LIVE Updates: The Nifty remained volatile throughout the day, finding resistance at the 21 EMA on the daily chart, which led to a decline towards 22,400. Going forward, 22,400 might continue to act as crucial support, and sentiment is unlikely to weaken unless Nifty falls below this level. On the higher end, resistance is placed at 22,750, above which the bulls might gain increased strength. The overall large-cap sentiment could also strengthen if Nifty moves above 22,750.
View by Rupak De, senior technical analyst, LKP Securities.
View by Rupak De, senior technical analyst, LKP Securities.
3:40 PM
Stock Market LIVE Updates: Market expert view
Stock Market LIVE Updates: Global headwinds continue to drag the market sentiment, with the rise in US unemployment rates and tariffs leading to uncertainty, indicating that volatility is here to stay for the near term. The domestic macros are favouring investors to start accumulating the beaten-down stocks with caution in the short term, while the long term appears attractive. A slew of economic indicators this week, US and India CPI data, will be keenly watched by investors for any ease in the current volatility.
View by Vinod Nair, head of research, Geojit Financial Services.
View by Vinod Nair, head of research, Geojit Financial Services.
3:40 PM
Stock Market LIVE Updates: A glance at broader market
Stock Market LIVE Updates: BSE Midcap was down over 1 per cent and smallcap was down over 2 per cent.
3:38 PM
Stock Market LIVE Updates: Here's a look at Nifty gainers and losers at close
Stock Market LIVE Updates: ONGC, Trent, IndusInd Bank were among the top laggards on Nifty50.
3:37 PM
Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close
Stock Market LIVE Updates: IndusInd bank, Zomato, L&T were among the top losers on Sensex.
3:35 PM
Stock Market LIVE Updates: Nifty finishes at 22,460.30, down 92.2 pts
Stock Market LIVE Updates: NSE Nifty50 was down 92.2 points or 0.41 per cent at 22,460.3.
3:33 PM
Stock Market LIVE Updates: Sensex closes at 74,115.17, down 217.41 pts
Stock Market LIVE Updates: BSE Sensex closed down 217.41points or 0.29 per cent at 74,115.17.
3:20 PM
Stock Market LIVE Updates: Mukul Agrawal portfolio stock soars 9% in weak market; nears 52-week high
Stock Market LIVE Updates: Sarda Energy & Minerals (SEML) share price moved higher by 9 per cent to Rs 514.65 on the BSE in Monday’s intra-day trade amid heavy volumes in an otherwise weak broader market. The stock of the iron & steel company was trading at its highest level since December 26, 2024.
Meanwhile, in the broader market, the BSE Midcap and BSE Smallcap indices were down 1.4 per cent and 2 per cent, respectively.
Investor Mukul Mahavir Agrawal held 1.2 per cent or 4.18 million equity shares in SEML at the end of December 2024 quarter, the shareholding pattern data shows. READ MORE
Meanwhile, in the broader market, the BSE Midcap and BSE Smallcap indices were down 1.4 per cent and 2 per cent, respectively.
Investor Mukul Mahavir Agrawal held 1.2 per cent or 4.18 million equity shares in SEML at the end of December 2024 quarter, the shareholding pattern data shows. READ MORE
3:08 PM
Stock Market LIVE Updates: Poonawalla Fincorp climbs 2% on foraying into education loan business
Stock Market LIVE Updates: Poonawalla Fincorp shares witnessed steady buying in Monday's intra-day trades after the company said it entered the education loans business, with financing options available up to Rs 3 crore.
The company in an exchange filing today said that with its foray into the education loan business, the company aims to provide faster turnaround time, and quick sanctions to deliver hassle-free experience.
According to its exchange filing, Poonawalla Fincorp will offer up to Rs 3 crore in loans with collateral to cover students' tuition, living travel, books, and insurance premiums costs. Apart from that, it will also offer a collateral-free option of loans up to Rs 1 crore. The company has also launched an initiative to offer loans up to Rs 75 lakh, with instant sanctions, which will ensure a faster decision-making process. READ MORE
The company in an exchange filing today said that with its foray into the education loan business, the company aims to provide faster turnaround time, and quick sanctions to deliver hassle-free experience.
According to its exchange filing, Poonawalla Fincorp will offer up to Rs 3 crore in loans with collateral to cover students' tuition, living travel, books, and insurance premiums costs. Apart from that, it will also offer a collateral-free option of loans up to Rs 1 crore. The company has also launched an initiative to offer loans up to Rs 75 lakh, with instant sanctions, which will ensure a faster decision-making process. READ MORE
2:56 PM
Stock Market LIVE Updates: GRM Overseas ropes in Salman Khan as brand ambassador; stock zooms 6%
Stock Market LIVE Updates: GRM Overseas, in an exchange filing today, said it is launching an innovative campaign for its 10X Classic Chakki Fresh Atta, featuring Bollywood superstar Salman Khan as the brand ambassador.
The campaign, titled "Better Half Ki Better Choice," leverages Salman Khan's star power to position 10X Classic Chakki Fresh Atta as the preferred choice for families, bringing the product closer to consumers with the tagline "10 ka Dum."
On the BSE, the stock zoomed over 6 per cent to a high of Rs 265 on trades of around 1.20 lakh shares as against the two-week average volume of around 25,000 shares.
The campaign, titled "Better Half Ki Better Choice," leverages Salman Khan's star power to position 10X Classic Chakki Fresh Atta as the preferred choice for families, bringing the product closer to consumers with the tagline "10 ka Dum."
On the BSE, the stock zoomed over 6 per cent to a high of Rs 265 on trades of around 1.20 lakh shares as against the two-week average volume of around 25,000 shares.
Topics : MARKET WRAP MARKET LIVE MARKETS LIVE MARKETS TODAY share market stock market trading Markets Sensex Nifty BSE Sensex Nifty50 BSE NSE equity Indian stock markets
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First Published: Mar 10 2025 | 7:30 AM IST