Indian stock indices close in red for fifth-straight day:Sensex falls by 1,118 points, Nifty drops 309 points, dragged down by real estate, media stocks – CarbonMedia
Home Business Indian stock indices close in red for fifth-straight day:Sensex falls by 1,118 points, Nifty drops 309 points, dragged down by real estate, media stocks

Indian stock indices close in red for fifth-straight day:Sensex falls by 1,118 points, Nifty drops 309 points, dragged down by real estate, media stocks

The Sensex closed at 76,293, down by 1,118 points (1.31%), while Nifty fell by 309 points (1.32%) to close at 23,071, , amid intense selling pressure. Mixed global and domestic cues fueled the sell-off, as investors looked for safe-haven assets. It was the fifth consecutive day of decline for the market. Nifty Realty was the worst-hit sector, falling 3%. The Media Index dropped 2.85%, while Auto, FMCG, Pharma, and PSU Banks saw around a 2% decline. Metal and IT indices closed 1.50% lower. Here are some key pointers on the market trend today: From the 30-share blue-chip pack, Power Grid, Zomato, Tata Motors, UltraTech Cement, Bajaj Finserv, Sun Pharma, Kotak Mahindra Bank and Tata Steel were the biggest laggards. Infosys, HCL Tech, Maruti and ITC were among the gainers. Three Reasons for Market Decline 1. Tariff Hike by the US 2. Weakening Rupee 3. Weak Q3 Earnings Asian Market Performance Market Declined Yesterday as Well Stock Market Performance on February 10, 2025 Nifty Top Gainers: February 10, 2025 Nifty Top Losers: February 10, 2025Original Article