The Indian stock markets, represented by the benchmark indices Nifty50 and Sensex, will be closed on Wednesday, February 26, 2025, in observance of Maha Shivratri. This annual Hindu festival is dedicated to Lord Shiva and falls on the fourteenth day of the first half of the lunar month of Phalguna.
Previous Session Highlights
The Indian equity markets witnessed a sharp decline on Monday, February 24, 2025, as investors reacted to global uncertainties and sector-specific concerns.
- Sensex lost 856.65 points (-1.14%) to close at 74,454.41.
- Nifty50 dropped 242.55 points (-1.06%) to settle at 22,553.35.
- Broader indices, including Nifty Smallcap100 (-1.02%) and Nifty Midcap100 (-0.94%), also ended lower.
Key Index Performance
| Index | Last Close | % Change | Notable Trend |
|---|---|---|---|
| Sensex | 74,454.41 | -1.14% | Broad-based decline |
| Nifty50 | 22,553.35 | -1.06% | IT & Pharma under pressure |
| Dow Jones | 39,654.21 | +0.45% | Strong earnings boost |
| S&P 500 | 5,137.89 | +0.32% | Tech-driven gains |
| Nasdaq | 16,212.47 | +0.52% | AI & chip stocks rally |
Biggest Gainers & Losers
Top Gainers:
- Mahindra & Mahindra (+2.34%) – Strong auto sales data
- Dr. Reddy’s Labs (+1.92%) – Positive regulatory approval news
- Nestle India (+1.65%) – Resilient FMCG demand
Top Losers:
- Wipro (-3.85%) – Weak Q4 guidance
- HCL Tech (-3.52%) – Margin concerns
- TCS (-2.78%) – Profit booking after earnings
Sector-Wise Performance
- IT Sector (-2.71%): Heavily impacted by weak global cues and margin pressures.
- Pharma (-2.17%): Regulatory concerns affected sentiment.
- Auto (+0.56%): Strong demand and positive sales data supported the sector.
- FMCG (+0.42%): Defensive buying amid volatility.
Economic Events & Market Sentiment
- US Inflation Data: Higher-than-expected inflation numbers could lead to prolonged high interest rates, affecting global equity markets.
- Fed Meeting Minutes: Investors are keenly watching for clues on rate-cut timelines.
- Geopolitical Tensions: Uncertainty in the Middle East and rising crude oil prices continue to impact investor sentiment.
Predictions for the Next Trading Session
- Market sentiment remains cautiously bearish, with key support levels at 22,450 for Nifty and 74,000 for Sensex.
- Investors should watch global cues, particularly US Fed policy outlook and corporate earnings for directional movement.
- Volatility expected in IT and Pharma stocks, while Auto and FMCG may show resilience.