Stock market crash highlights: Sensex tumbles 1,390 pts, Nifty at 23,165; IT, financials, banks dip
Sensex Today | Stock Market Crash Highlights: Notably, the fear index (India VIX), which gauges the volatility in the markets, settled higher by 8.37 per cent at 13.78 points
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Share Market Today: Foreign Institutional Investors (FIIs) net sold Indian equities worth Rs 4,352.82 crore on March 28, and domestic institutional investors (DIIs) net bought shares worth Rs 7,646.49 crore on Friday. (Photo: Shutterstock)
Stock Market Crash Highlights, Tuesday, April 1, 2025: Benchmark Indian equity indices fell sharply to end down over 1 per cent on the first trading session of the financial year 2025-26 (FY26). The sell-off came amidst rising concerns over US President Donald Trump's reciprocal tariff announcement. The 30-share Sensex plunged 1,390.41 points or 1.80 per cent to settle at 76,024.51. The index traded in the range of 77,487.05-75,912.18 on Tuesday.
Nifty50 also tumbled 353.65 points or 1.50 per cent to settle at 23,165.70. Nifty50 was seen at the day's high of 23,565.15, while the intra-day low was recorded at 23,136.40.
Barring Zomato, IndusInd Bank, and State Bank of India all the other constituent stocks of Sensex settled lower, dragged by HCL Tech, Bajaj Finserv, HDFC Bank, Bajaj Finance, and Infosys, with losses extending up to 3.66 per cent.
Among the broader markets, Nifty Midcap100 and Nifty Smallcap100 indices settled lower by 0.86 per cent and 0.70 per cent, respectively.
All the sectoral indices, barring Nifty Media and Oil & Gas, on the NSE settled lower with losses extending up to 3.11 per cent on Tuesday. The sell-off was higher across IT, financial services, banks, realty, and consumer durables counters. Notably, the fear index (India VIX), which gauges the volatility in the markets, settled higher by 8.37 per cent at 13.78 points.
3:56 PM
Stock Market LIVE Updates: Technical view
Stock Market LIVE Updates: The index has experienced a sharp decline, approaching the 50EMA on the daily chart. This drop follows a recent phase of consolidation, signaling a weakening sentiment. However, in the near term, the 50EMA support could play a crucial role in stabilising the market. If this level holds, we may see a recovery.
That said, a decisive breakdown below 23,115 could trigger a deeper correction. On the upside, resistance is observed at 23,250—a breakout above this level could reignite bullish momentum in the market.
View by Rupak De, senior technical analyst, LKP Securities.
View by Rupak De, senior technical analyst, LKP Securities.
3:49 PM
Stock Market LIVE Updates: Market expert view
Stock Market LIVE Updates: Amid heightened global volatility ahead of the anticipated US reciprocal tariff announcement tomorrow, the domestic market witnessed a significant sell-off today. Investors are eagerly awaiting the specifics of these tariffs while also keeping a close eye on ongoing negotiations for a potential Indo-US trade agreement.
The IT sector was among the hardest hit due to its substantial exposure to the US market, and real estate stocks fell following Maharashtra's upward revision of ready reckoner rates, which affect property valuations. Additionally, rising oil prices further dampened market sentiment. Despite the short-term volatility related to tariffs, positive domestic factors such as an expected recovery in earnings growth, potential interest rate cuts by the RBI, and moderation in valuations are likely to provide stability and support for investors.
View by Vinod Nair, head of research, Geojit Investments Limited.
The IT sector was among the hardest hit due to its substantial exposure to the US market, and real estate stocks fell following Maharashtra's upward revision of ready reckoner rates, which affect property valuations. Additionally, rising oil prices further dampened market sentiment. Despite the short-term volatility related to tariffs, positive domestic factors such as an expected recovery in earnings growth, potential interest rate cuts by the RBI, and moderation in valuations are likely to provide stability and support for investors.
View by Vinod Nair, head of research, Geojit Investments Limited.
3:40 PM
Stock Market LIVE Updates: Gainers and losers at close
Stock Market LIVE Updates: HCLTech, Bajaj Finserv, HDFC Bank were among the top losers at close.
3:38 PM
Stock Market LIVE Updates: Broader markets close mixed
Stock Market LIVE Updates: BSE Midcap and Smallcap closed down 1.04 per cent and up 0.07 per cent respectively.
3:36 PM
Stock Market LIVE Updates: Nifty settles down 354 pts, at 23,165.7
Stock Market LIVE Updates: NSE Nifty50 was down 353.65 points or 1.50 per cent at 23,165.7.
3:34 PM
Stock Market LIVE Updates: Sensex slumps 1,390 pts, at 76,024.51
Stock Market LIVE Updates: BSE Sensex slipped 1,390.41 points or 1.8 per cent at 76,024.51. The index made an intra-day low at 75,912.18.
3:27 PM
Stock Market LIVE Updates: Sterling and Wilson shares rally 8% on ₹1,470 crore order win
Stock Market LIVE Updates: Shares of Sterling and Wilson Renewable Energy rallied over 6 per cent on Tuesday after it bagged three new solar and hybrid projects worth ₹1,470 crore.
Sterling and Wilson’s stockrose as much as 8.84 per cent during the day to ₹272.5 per share. The stock trimmed gains to trade 7.29 per cent higher at ₹268.6 apiece, compared to a 1.49 per cent advance in Nifty 50 as of 2:50 PM. Read more
3:24 PM
Stock Market LIVE Updates: Anand Rathi Group's brokerage arm refiles DRHP with Sebi
Stock Market LIVE Updates: Anand Rathi Group’s brokerage arm, Anand Rathi Share and Stock Brokers, has refiled its Draft Red Herring Prospectus (DRHP) with the capital markets regulator, Securities and Exchange Board of India (Sebi), for its Initial Public Offering (IPO). Previously, the company had filed its DRHP with the market regulator in December 2024.
Anand Rathi Share and Stock Brokers seeks to raise ₹745 crore from the public offering, which comprises an entirely fresh issue of equity shares with no Offer for Sale (OFS) component. Read more
Anand Rathi Share and Stock Brokers seeks to raise ₹745 crore from the public offering, which comprises an entirely fresh issue of equity shares with no Offer for Sale (OFS) component. Read more
3:15 PM
Stock Market LIVE Updates: Uco Bank share price sinks 14% today; stock falls below QIP issue price
Stock Market LIVE Updates: Uco Bank share price witnessed heavy selling pressure on Tuesday, April 1, 2025, pressured by massive volumes on the counter. The stock of Uco Bank crashed 13.5 per cent on the BSE in today's intraday trade, hitting a fresh 52-week low of ₹30.9 per share.
At 2:20 PM, the stock of the state-owned lender was quoting 11.8 per cent lower at ₹31.53 per share as against a 1,400-point (1.8 per cent) fall in the benchmark BSE Sensex index. Read more
3:01 PM
Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty decline amid tariff uncertainty
Stock Market LIVE Updates: Indian benchmark equity indices BSE Sensex and Nifty50 traded lower as investors awaited clarity regarding reciprocal tariffs set to be levied from April 2.
At 3 PM, the BSE Sensex was lower by 1,396.34 points, or 1.80 per cent, at 76,018.58, and the Nifty50 was at 23,160.80, behind by 358.55 points, or 1.52 per cent.
2:51 PM
As of 1:57 PM, all ten components of the Nifty Realty index were in the red. Oberoi Realty, Godrej Properties, and Prestige Estates plunged over 3 percent, while Macro Tech Developers, Phoenix Mills, DLF, Sobha, and Brigade Enterprises fell by 2 percent. Meanwhile, Anant Raj and Raymond registered losses exceeding 1 percent.
Stock Market LIVE Updates: Oberoi Realty, Sobha: Nifty Realty falls 4%; What's worrying investors?
Stock Market LIVE Updates: Real estate stocks faced a sharp decline on the first trading day of the financial year 2026, with the Nifty Realty index dropping 3.8 percent intraday to 819.95, making it the worst-performing sector of the day.
As of 1:57 PM, all ten components of the Nifty Realty index were in the red. Oberoi Realty, Godrej Properties, and Prestige Estates plunged over 3 percent, while Macro Tech Developers, Phoenix Mills, DLF, Sobha, and Brigade Enterprises fell by 2 percent. Meanwhile, Anant Raj and Raymond registered losses exceeding 1 percent.
The downturn in real estate stocks followed the Maharashtra government's decision to raise "ready reckoner" (RR) rates for the financial year 2025-26, effective April 1, 2025. RR rates are crucial for determining property valuations used in calculating stamp duty and taxes. This marks the first increase in RR rates in two years. READ MORE
2:42 PM
India VIX, which tracks market volatility, climbed 10.36 per cent intraday to reach 14.0—the largest single-day increase since March 24, as reported by Bloomberg data. Despite this spike, the index had been in a declining trend since the second half of January, even as stock markets faced continued pressure from foreign capital outflows.
Stock Market LIVE Updates: India VIX jumps 10% on tariff fears; no need to panic, says Deven Choksey
Stock Market LIVE Updates: India's stock market volatility gauge surged by 10 per cent on Tuesday, reflecting heightened trader concerns ahead of the implementation of US reciprocal tariffs, scheduled for Wednesday.
India VIX, which tracks market volatility, climbed 10.36 per cent intraday to reach 14.0—the largest single-day increase since March 24, as reported by Bloomberg data. Despite this spike, the index had been in a declining trend since the second half of January, even as stock markets faced continued pressure from foreign capital outflows.
The rise in volatility aligns with growing risk-off sentiments affecting global equity markets. Nevertheless, analysts urge caution, emphasising that there is no definitive clarity regarding the tariff measures at this stage. READ MORE
2:33 PM
Stock Market LIVE Updates: ideaForge jumps 8% after Blue Diamond Properties buys stake via bulk deal
Stock Market LIVE Updates: Shares of ideaForge Technology surged by 8 per cent on Monday, April 1, 2025, reaching an intraday high of ₹374.3 per share on the BSE. The rally followed the purchase of 10,09,221 shares by Blue Diamond Properties through bulk deals.
By 11:54 AM, the stock had trimmed some of its gains but was still trading 4.85 per cent higher at ₹363.1 per share, outperforming the BSE Sensex, which was down by 1.49 percent at 76,262.93. The market capitalisation of ideaForge Technology stood at ₹1,564.23 crore. Over the past year, the stock recorded a 52-week high of ₹864.1 per share and a 52-week low of ₹322.6 per share. READ MORE
2:21 PM
Stock Market LIVE Updates: Tejas Networks gains 8% on receiving over Rs 189-crore under PLI scheme
Stock Market LIVE Updates: Telecom equipment provider Tejas Networks saw strong investor interest on Tuesday, March 1, 2025, as its stock surged by 7.16 per cent, reaching an intraday high of ₹814.40 per share.
The rally followed the company’s announcement of receiving over ₹189 crore from the government under the Production Linked Incentive (PLI) scheme for telecom and networking products. In an exchange filing, Tejas Networks stated, “On March 29, 2025, Tejas Networks received ₹189.1657 crore from the Ministry of Communications, Department of Telecommunications, New Delhi, under the Production Linked Incentive Scheme for Telecom and Networking Products.” READ MORE
2:10 PM
Stock Market LIVE Updates: PG Electroplast up 5% on approval for ₹30-cr incentive under PLI scheme
Stock Market LIVE Updates: PG Electroplast shares surged by 4.7 per cent on Monday, April 1, 2025, reaching an intraday high of ₹960 per share on the BSE. The uptick followed the announcement that the company’s subsidiary, PG Technoplast, had received approval for incentives under the Government of India’s Production Linked Incentive (PLI) Scheme for White Goods.
By 10:39 AM, the stock retraced some of its gains and was trading 0.61 per cent higher at ₹922.25 per share, contrasting with the BSE Sensex, which was down 1.24 per cent at 76,457.2. PG Electroplast’s market capitalisation stood at ₹26,087.08 crore. Over the past year, the stock has recorded a 52-week high of ₹1,054.95 and a low of ₹171 per share. READ MORE
Topics : MARKET WRAP MARKET LIVE MARKETS LIVE MARKETS TODAY share market stock market trading Markets Sensex Nifty BSE NSE equity BSE Sensex Nifty50 Gift Nifty Stock market crash
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First Published: Apr 01 2025 | 7:31 AM IST
