Sensex, Nifty tank over 1% amid foreign fund exodus

Sensex and Nifty plummet over 1% as trade war fears and foreign fund outflows persist.

Benchmark stock indices Sensex and Nifty tanked more than 1% on Tuesday (February 11, 2025) amid unabated foreign fund outflows and fresh U.S. tariffs that reignited trade war fears.

Declining for the fifth day running, the 30-share BSE Sensex dropped 1,018.20 points or 1.32% to settle at a two-week low of 76,293.60. During the day, it tumbled 1,281.21 points or 1.65% to 76,030.59.

The NSE Nifty cracked 309.80 points or 1.32% to 23,071.80 with 44 of its constituents closing lower and six with gains.

Among 30 Sensex shares, Zomato tanked over 5%. Tata Steel, Bajaj Finserv, Tata Motors, Power Grid, Larsen & Toubro, Kotak Mahindra Bank, Hindustan Unilever and ITC were the biggest laggards.

Bharti Airtel was the only gainer among Sensex scrips.

In the past five days, the BSE bellwether gauge has slumped 2,290.21 points or 2.91%, while the Nifty tanked 667.45 points or 2.81%.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,463.72 crore on Monday (February 10, 2025), according to exchange data.