Sensex falls 112 points, Nifty declines for 9th day on selling in HDFC Bank, RIL

BSE Sensex and Nifty fall for ninth straight session, influenced by selling in blue-chips, while global markets remain mixed.

Benchmark BSE Sensex declined by 112 points while Nifty fell for the ninth straight session on Monday (March 3, 2025) following selling in blue-chips HDFC Bank and Reliance Industries.

In a see-saw trade, the 30-share BSE benchmark declined by 112.16 points or 0.15% to close at 73,085.94 as 18 of its components advanced and 12 declined.

The index opened higher but soon fell to the day’s low of 72,784.54 due to intense selling in large caps. The barometer staged a rebound in the second half amid positive Asian markets and hit a high of 73,649.72 before paring gains to close down.

Extending losses to the ninth session, the NSE Nifty slipped 5.40 points or 0.02% to settle at 22,119.30. The index slumped 120 points or 0.54% to hit a low of 22,004.70 but later recovered most of the losses.

From the Sensex pack, Reliance Industries, Bajaj Finserv, HDFC Bank, Adani Ports, Maruti Suzuki India, Axis Bank, Hindustan Unilever, Sun Pharmaceuticals and Asian Paints were among the laggards.

Reliance Industries fell the most by 2.38% to close at ₹1,171.10 apiece. During the day, it went down by 3.63% to hit a 52-week low of ₹1,156 per piece.

UltraTech Cement, Bharti Airtel, NTPC, Infosys, Bajaj Finance, Mahindra & Mahindra, Larsen & Toubro and State Bank of India were the gainers.