New Delhi, April 1 (H.S.): The domestic stock market has started the new financial year 2025-26 with a significant decline today, driven by fears surrounding the proposed tariff policy of U.S. President Donald Trump. The trading began weakly today. However, during the first half hour of trading, supported by buying, both Sensex and Nifty indices managed to recover and enter the green. But after that, due to selling pressure, the stock market continued to decline. By the end of the day’s trading, Sensex closed down by 1.80 percent and Nifty by 1.50 percent.
Throughout the day, there was continuous buying in the oil and gas sector shares. Similarly, the media and telecom indices also managed to close strong. On the other hand, the IT, consumer durables, and realty sectors faced continuous selling pressure. Likewise, the pharmaceutical, banking, automobile, capital goods, FMCG, metal, public sector enterprises, and tech indices also closed weak. The broader market experienced mixed trading today, resulting in the BSE midcap index closing down by 1.04 percent. Conversely, the small cap index ended today’s trading with a gain of 0.07 percent.
Due to the weakness in the stock market today, the wealth of stock market investors decreased by over 3 lakh crore rupees. After today’s trading, the market capitalization of listed companies on BSE fell to 409.48 lakh crore rupees (tentative), while on the last trading day of the previous week, Friday, it was 412.87 lakh crore rupees. In this way, investors incurred a loss of about 3.39 lakh crore rupees from today’s trading.
During the day’s trading, there was active trading in 4,195 shares on BSE. Among them, 2,709 shares closed with gains, while 1,341 shares faced declines, and 145 shares closed without any fluctuation. On NSE, there was active trading in 2,618 shares today. Of these, 1,773 shares made profits and closed in the green, while 845 shares suffered losses and closed in the red. Similarly, out of the 30 shares included in Sensex, only 2 shares closed with gains, while 28 shares closed with declines. In Nifty, out of 50 shares, 15 closed in the green and 35 closed in the red.
The BSE Sensex opened today at 76,882.58 points, down 532.34 points. Shortly after the market opened, supported by buying, the index rose approximately 600 points from its lower levels, achieving a peak of 77,487.05 points with a gain of 72.13 points. However, within half an hour of trading, bears took control of the market. Under pressure from selling, the Sensex plunged back into the red. Due to continuous selling in the market, the index fell by 1,502.74 points to reach 75,912.18 points. However, due to minor buying at the last moment, the Sensex recovered by more than 100 points from its lower level and closed at 76,024.51 points, down 1,390.41 points.
Similarly, the NSE Nifty started trading at 23,341.10 points, down 178.25 points. As soon as the market opened, buying commenced, and in the first half hour of trading, the index jumped over 220 points from its lower level, reaching 23,565.15 points with a gain of 45.80 points. However, this rally did not last long, as bears began widespread selling afterwards. This selling caused the index to fall back into the red. The selling continued throughout the day, leading the index to drop to 23,136.40 points, down 382.95 points. Nevertheless, with support from buying due to intra-day settlement at the last moment, the Nifty recovered by about 30 points from its lower levels and closed at 23,165.70 points, down 353.65 points.
After a day of trading, among the major stocks in the stock market, IndusInd Bank, Trent Limited, Bajaj Auto, Jio Financial, and Hero MotoCorp joined today's top 5 gainers list with respective gains of 5.06%, 4.72%, 1.45%, 1.28%, and 1.05%. On the other hand, HCL Technology, Bajaj Finserv, HDFC Bank, Bharat Electronics, and Shriram Finance were included in today's top 5 losers list with respective declines of 3.90%, 3.50%, 3.30%, 3.09%, and 2.83%.
Hindusthan Samachar / Jun Sarkar
