Saturday, March 29, 2025
Sensex Crashes Over 1,000 Points, Nifty Down 300+: Why the Market Tumbled Today
April 25, 2025
On Friday, Indian stock markets witnessed a sharp fall as benchmark indices plunged during intraday trading. The Sensex dropped over 1,000 points, while the Nifty 50 fell by 338 points, erasing early gains despite positive global cues.
The BSE Sensex opened at 79,830, slightly above the previous close of 79,801. However, by 11:30 AM, it had fallen sharply by 1,004 points to hit 78,797.39. Similarly, the NSE Nifty 50 opened at 24,289 but dropped to an intraday low of 23,908 by mid-morning.
Heavy selling across all sectors dragged the indices lower, with financial stocks leading the decline. Axis Bank was among the top losers, falling 3.7% after reporting a slight dip in its Q4 profit, which stood at ₹7,117 crore. Analysts raised concerns over asset quality, and Morgan Stanley warned of near-term challenges for the bank.
Other major laggards included Adani Ports, Bajaj Finance, Bajaj Finserv, Tata Motors, Tech Mahindra, and Eternal.
Market sentiment was also weighed down by rising geopolitical tensions following Tuesday’s terrorist attack, which increased investor uncertainty.
According to V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, “There are now mixed signals for the market. A strong tailwind continues from foreign institutional investor (FII) buying, which has crossed ₹29,513 crore over the past 7 days.”
He also pointed to a statement from U.S. Treasury Secretary Scott Besant, who hinted at a possible first-ever bilateral trade agreement with India — a positive development.
However, Vijayakumar cautioned, “The potential headwind now is the uncertainty around India’s response to the terrorist attack and its aftermath.”
In summary: Despite strong FII inflows and global cues, rising tensions and sectoral concerns caused a sharp market selloff today. Investors are advised to proceed cautiously.
