Stock markets end lower on weak global trends amid U.S. tariff jitters; post over 5% gains in FY25
The Hindu
Sensex and Nifty close lower amid global market uncertainties over Trump tariffs on last trading day of fiscal year.
Benchmark indices Sensex and Nifty closed lower on the last trading day of the 2024-25 fiscal on Friday (March 28, 2025), mirroring weak trends in global markets amid uncertainties over Trump tariffs.
The 30-share BSE benchmark Sensex declined 191.51 points or 0.25% to settle at 77,414.92 in a volatile trading session. During the day, it slumped 420.81 points or 0.54% to 77,185.62.
The NSE Nifty dropped 72.60 points or 0.31% to 23,519.35.
In the 2024-25 financial year, the Sensex jumped 3,763.57 points or 5.10%, and the Nifty climbed 1,192.45 points or 5.34%.
From the Sensex pack, IndusInd Bank dropped over 3.50%, followed by Mahindra & Mahindra which declined more than 2%. HCL Tech, Maruti, Infosys, Zomato, Power Grid, Adani Ports, Tata Consultancy Services and UltraTech Cement were also among the laggards.
Kotak Mahindra Bank, Hindustan Unilever, ICICI Bank, Tata Motors, Nestle and Bharti Airtel were among the gainers.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled with deep cuts. European markets were quoting in the negative territory. U.S. markets ended lower on Thursday.