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(As on Apr 03, 2025, 16:28)

Post-Session: Markets drop on IT sell-off, global jitters as Trump raises tariffs

Benchmark indices Sensex and Nifty closed lower on Thursday, weighed down by selling in IT and Teck stocks amid a global sell-off after US President Donald Trump announced reciprocal tariffs on 60 countries, including India.



The 30-share benchmark index ended at 76295.36 down by -322.08 points or by -0.42 % and then NSE Nifty was at 23250.1 down by -82.25 points or by -0.35 %.



Sensex touched intraday high of 76493.74 and intraday low of 75807.55 The NSE Nifty touched intraday high of 23306.5 and intraday low of 23145.8



The top gainers of the BSE Sensex pack were Power Grid Corporation of India Ltd. (Rs. 299.15,+4.34%), Sun Pharmaceutical Industries Ltd. (Rs. 1770.10,+3.26%), UltraTech Cement Ltd. (Rs. 11583.65,+2.92%), NTPC Ltd. (Rs. 358.85,+1.97%), Asian Paints Ltd. (Rs. 2348.70,+1.82%), among others.



The top losers of the BSE Sensex pack were Tata Consultancy Services Ltd. (Rs. 3403.90,-3.98%), Mahindra & Mahindra Ltd. (Rs. 1369.65,-3.79%), HCL Technologies Ltd. (Rs. 1470.80,-3.71%), Infosys Ltd. (Rs. 1497.00,-3.41%), Tata Motors Ltd. (Rs. 654.05,-2.64%), among others.



Power index was at 6659.93 up by 119.98 points or by 1.83%. Power Grid Corporation of India Ltd. (Rs. 299.15,+4.34%), Torrent Power Ltd. (Rs. 1558.00,+3.31%), Adani Power Ltd. (Rs. 528.60,+2.92%), Bharat Heavy Electricals Ltd. (Rs. 218.70,+2.92%), NTPC Ltd. (Rs. 358.85,+1.97%),.



IT index was at 34293.59 down by -1348.57 points or by -3.78%. Persistent Systems Ltd. (Rs. 4802.00,-9.66%), Coforge Ltd. (Rs. 7157.25,-7.77%), KPIT Technologies Ltd. (Rs. 1212.00,-7.66%), Cigniti Technologies Ltd. (Rs. 1322.15,-6.32%), MphasiS Ltd. (Rs. 2374.30,-4.05%),.



The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4365 , shares advanced were 2929 while 1262 shares declined and 174 were unchanged.



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