MOHAMMAD ZIYAUDDIN
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Mumbai, February 27, 2025 – The BSE Sensex gave up its early gains and closed just 10.31 points higher at 74,612.43, while the NSE Nifty slipped 2.50 points to settle at 22,545.05, marking its seventh consecutive session of decline.
The market remained volatile throughout the day, influenced by foreign fund outflows, monthly derivatives expiry, and weak global market trends.
Market Performance: Early Gains Wiped Out by Volatility
The 30-share Sensex opened strong, gaining 231.97 points to reach 74,834.09 in early trading. Similarly, the Nifty climbed 65.75 points to touch 22,613.30.
However, selling pressure from foreign institutional investors (FIIs) and weak global cues led to a volatile trading session, causing both indices to flatten by closing.
Key Gainers and Losers
Top Gainers from the Sensex Pack:
- Nestle
- Sun Pharma
- Zomato
- Tata Steel
- Bajaj Finserv
- Bajaj Finance
Top Losers:
- Kotak Mahindra Bank
- State Bank of India (SBI)
- Mahindra & Mahindra (M&M)
- Tech Mahindra
- UltraTech Cement
- Tata Motors
Foreign Investors Continue to Sell
According to exchange data, Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,529.10 crore on February 25, 2025. This persistent selling pressure has contributed to the recent weakness in Indian markets.
Ajit Mishra, SVP, Research, Religare Broking Ltd, commented:
"Markets traded dull on the monthly expiry day, closing nearly unchanged for the second straight session. After an initial uptick, Nifty quickly flattened, trading within a narrow range before settling at 22,545.05. The past two sessions reflect indecision, likely due to oversold conditions."
Global Market & Oil Prices
- Tokyo and Shanghai closed in positive territory, while Hong Kong and Seoul ended lower.
- US stock markets had a mixed close on Wednesday.
- Brent crude oil rose 0.33% to $72.77 per barrel.
Market Outlook: What’s Next?
- Nifty’s seven-day losing streak signals investor caution amid global uncertainties.
- FII selling pressure remains a key factor weighing on sentiment.
- Technical indicators suggest oversold conditions, meaning a potential recovery could be on the horizon.
