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.
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