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Why Did the Market Fell Like Yesterday? Sensex, Nifty50 Drag Amid Trump’s Tariff Concerns

Written by: Neha DubeyUpdated on: Feb 12, 2025, 4:13 PM IST
Indian stock market fell again today as Sensex and Nifty50 faced pressure due to concerns over potential tariffs from Trump, that dented the economic outlook.
Why Did the Market Fell Like Yesterday? Sensex, Nifty50 Drag Amid Trump’s Tariff Concerns
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On February 12, 2025, the markets closed with a slight decline. The Sensex finished at 76,171.08, dropping by 122.52 points, or 0.16%. Similarly, the Nifty 50 ended the day at 23,045.25, down by 26.55 points, a decrease of 0.12%.

The Nifty 50 opened at 23,050.80 and reached a high of 23,144.70 before dipping to a low of 22,798.35. The index briefly fell below the 23,000 mark during early trade, reflecting investor concerns amidst ongoing tariff issues.

Concerns Over Trade War Escalate Post Trump’s Tariff Hike

US President Donald Trump’s decision to raise tariffs on steel and aluminium imports from 10% to 25%. This move is expected to have a ripple effect on global economies and could indirectly harm India due to potential increased dumping.

Trump also mentioned the possibility of retaliatory actions from the European Union, further escalating fears of a full-scale trade war, leaving markets uncertain about the future.

Trump Tariff Concerns Extend FII Outflows

Foreign Institutional Investors (FIIs) continued their selling spree on February 11, offloading equities worth ₹4,486 crore. This marks a continued trend of foreign investors pulling back from Indian markets amid global uncertainties.

Despite this, Domestic Institutional Investors (DIIs) stepped in to support the market by purchasing equities worth ₹4,001 crore on the same day.

Top Gainers and Losers

Today’s trading session saw Bajaj Finserv and SBI Life Insurance emerge as the top gainers. Bajaj Finserv closed at ₹1792.25, up by 2.72%, with a trading volume of 18,88,823 shares. It was followed closely by SBI Life Insurance, which gained 2.04%, settling at ₹1448.

On the downside, M&M and Eicher Motors were the top losers. M&M saw a significant decline, dropping by 3.20%, to close at ₹2987.10, with a volume of 46,09,887 shares. Similarly, Eicher Motors fell by 2.36%, ending the day at ₹4855.

Sectoral and Index Performance

The market sectors showed a mixed performance today with key indices struggling to hold gains. Nifty Realty closed at 839.35, down by 2.74 points, reflecting weakness in the real estate sector.

Similarly, the Nifty Midcap Select index fell by 0.66%, settling at 11,395.20, while the Nifty Smallcap 250 index dropped by 0.70%, closing at 15,050.60. The Nifty Oil & Gas index also faced pressure, ending the day at 10,036.35, down by 0.80%.

 

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 12, 2025, 4:13 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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