On Tuesday, April 1, 2025, Indian equity indices experienced a steep decline, dropping over 1% on the first trading day of the new financial year, FY26. The market sell-off was driven by growing concerns surrounding US President Donald Trump’s announcement of reciprocal tariffs.
The 30-share Sensex plummeted by 1,390.41 points, or 1.80%, ending the day at 76,024.51. It traded within a range of 77,487.05 to 75,912.18 during the session.
Similarly, the Nifty50 dropped by 353.65 points, or 1.50%, to close at 23,165.70, with the day’s highest point being 23,565.15 and the lowest at 23,136.40.
Except for Zomato, IndusInd Bank, and State Bank of India, all other Sensex stocks ended lower. HCL Tech, Bajaj Finserv, HDFC Bank, Bajaj Finance, and Infosys suffered the biggest losses, which extended up to 3.66%.
Both Nifty Midcap100 and Nifty Smallcap100 indices fell, dropping 0.86% and 0.70%, respectively.
Sector-wise, all indices except Nifty Media and Oil & Gas closed in the red, with losses reaching up to 3.11%. The IT, financial services, banking, real estate, and consumer durables sectors were particularly hit hard.
The India VIX, a measure of market volatility, surged by 8.37%, closing at 13.78 points, reflecting increased market uncertainty.
As of April 01, 2025, at 03:55 PM, Brent Crude was trading at $75.05, up by 0.37%.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 1, 2025, 3:59 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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