Markets continue to fall for fourth day dragged by auto stocks, foreign fund outflows
The Hindu
Equity indices Sensex and Nifty close lower due to auto stocks, foreign fund outflows, and global market concerns.
Equity benchmark indices Sensex and Nifty ended lower on Friday (February 21, 2025), dragged by auto stocks and relentless foreign fund outflows.
Weak U.S. markets and tariff threats also dented investor sentiment.
The 30-share BSE benchmark Sensex dropped 424.90 points or 0.56% to settle at 75,311.06. During the day, it tanked 623.55 points or 0.82% to 75,112.41.
The NSE Nifty declined 117.25 points or 0.51% to 22,795.90.
In four trading days, the BSE bellwether gauge tumbled 685.8 points or 0.90% while the Nifty declined 163.6 points or 0.71%.
From the Sensex pack, Mahindra & Mahindra tanked over 6%.
Adani Ports, Tata Motors, Sun Pharma, Power Grid, Zomato, ICICI Bank, State Bank of India and UltraTech Cement were also among the laggards.
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