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Share Market In Red, Sensex Tests 75,600, Nifty About 100 Points Down. See Why Indices Are Falling

On the 30-share Sensex platform, Asian Paints, IndusInd Bank, and Tata Motors emerged among the gainers in the day. Meanwhile, M&M, ICICI Bank, and Infosys were the laggards in the session so far.

The Indian equity markets began the week on a negative note. The benchmark indices plunged on Monday morning as foreign investors continued to withdraw from the domestic markets and corporate earnings slowed down. This impacted the sentiment of investors. 

At 9:50 AM, the BSE Sensex tanked more than 450 points to trade under 75,500 at 75,488.27, while the NSE Nifty50 fell over 100 points to stand just under 22,800.

However, as the session progressed, the benchmark indices pared their losses, but continued to trade in red. At 10:24 AM, the Sensex traded just under 75,600, declining a little under 350 points, while the Nifty managed to remain above 22,800, clocking a loss of 110.65 points.

On the 30-share Sensex platform, Bajaj Finserv, Sun Pharma, Asian Paints, IndusInd Bank, and Tata Motors emerged among the gainers in the day. Meanwhile, M&M, ICICI Bank, Bharti Airtel, Axis Bank, and Infosys were the laggards in the session so far.

In the broader markets, the indices traded entirely in red. The Nifty Microcap 250 dominated among the laggards and tanked 1.70 per cent in the session so far.

Sectorally, the Midsmall IT & Telecom index plunged 1.56 per cent, followed by the Realty and IT indices which stood lower by 1.24 per cent and 1.17 per cent respectively.

What Is Stock Market Down?

V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, explained, "The Indian stock market is underperforming this year with the Nifty delivering negative 3.4 per cent returns vis-a-vis 4.19 per cent returns in S&P 500 and 11.7 per cent returns in Europe. The basic reason for this underperformance is the sharp slowdown in corporate earnings this year. Q3 results indicate only around 7 per cent earnings growth. The fact is that a modest single-digit earnings growth doesn’t deserve high valuations. This is the basic reason behind the relentless FII selling which has impacted the market. Appreciating dollars aggravated the problem."

Also Read : Gold Rate Today (February 17): Check Out Gold Prices In Delhi, Mumbai, Bengaluru, Ahmedabad, More Cities

Macro Indicators

The Foreign Institutional Investors (FIIs) continued their outflows and dumped Indian equities worth Rs 4,294.69 crore on Friday, according to exchange data. This brings the overall outflow by FPIs in 2025 so far to almost near Rs 1 lakh crore at Rs 99,299 crore. This outflow has been majorly triggered by the global tensions after the US imposed tariffs on imports under President Donald Trump's leadership. The global oil benchmark Brent crude jumped 0.05 per cent to touch $74.18 a barrel. 

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