Finance
Stock Market Close Updates, Stock Market Today, Monday, March 10, 2025: Equity benchmark indices recovered losses in late afternoon trading, tracking bearish cues from US stock futures. In after-market dealings, Dow futures fell 400 points, while tech-heavy NASDAQ futures fell more than 1% (250 points) amid Trump tariff concerns.
Back home, the BSE Sensex rose to a high of 74,741 (up 407 points) in intra-day trading on Monday; but, due to the late sell-off, the Sensex fell to a low of 74,022 – down nearly 700 points from the day’s high – and eventually concluded with a loss of 217 points, or 0.3%, at 74,115.
The NSE Nifty 50 index reached a high of 22,677 and a low of 22,429 before closing at 22,460, down 92 points or 0.4% on Monday.
Among the Sensex 30 stocks, IndusInd Bank (down 4%) fell to a 31-month low after analysts decreased their target price for the firm. The other notable losses were Zomato, Larsen & Toubro, Titan, Mahindra & Mahindra, Bajaj Finance, and Reliance Industries, which fell 1 – 2 percent each.
On the plus side, Power Grid Corporation gained about 3%. Hindustan Unilever, Infosys, and Nestle India were the other major players today.
In the broader market, the BSE MidCap index fell 1.5 percent, while the SmallCap fell more than 2 percent. Analysts ascribed the drop to a variety of causes, including high valuations despite drops of more than 18% and 20% from their peaks, persistent economic uncertainty, and liquidity concerns. Read more.
Among sectoral indices, the BSE Capital Goods, Consumer Durables, and Oil & Gas indices each fell more than 2%, while the auto index down 1.2%.
Source: BS
