On Thursday, February 27, 2025, Indian stock markets mainly remained flat despite selling pressure in broader indices.
The BSE Sensex fluctuated between a high of 74,834 and a low of 74,521 before closing at 74,612, up 10 points. Meanwhile, the NSE Nifty 50 traded within a 100-point range, touching a high of 22,613 and a low of 22,508, before settling nearly unchanged at 22,545.
Among Sensex stocks, Bajaj Finance and Bajaj Finserv led the gains, rising up to 3%, followed by IndusInd Bank, HDFC Bank, Zomato, and Axis Bank, which gained over 1% each.
On the other hand, UltraTech Cement dropped nearly 5% after announcing its entry into the wires and cables business. This news triggered a sharp selloff in other wire and cable makers, with KEI Industries, RR Kabel, and Polycan India tumbling up to 20%.
Other notable Sensex losers included Mahindra & Mahindra, Tata Motors, Kotak Mahindra Bank, SBI, NTPC, and HCL Technologies.
The BSE MidCap index slipped 1%, while the SmallCap index dropped 2%. The market breadth was negative, with more than three declining stocks for every advancing share on the BSE.
As of February 27, 2025, at 03:36 PM, Brent Crude was trading flat at $73.21, up by 0.94%.
Despite gains in select NBFC stocks, broader market weakness weighed on investor sentiment. Investors should stay cautious amid sectoral volatility and global cues.
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: Feb 27, 2025, 4:13 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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