Wed Feb 12 07:55:00 UTC 2025: **Indian Stock Market Continues Downward Trend Amidst Global Uncertainty**
**Mumbai, February 12, 2025** – India’s stock market extended its decline on Wednesday, February 12, 2025, opening lower following a significant crash in the previous session. The benchmark BSE Sensex fell 0.20% to 76,138.36, while the NSE Nifty dropped 0.16% to 23,033.95.
The continued downturn is attributed to several factors, including escalating trade war fears sparked by US President Donald Trump’s proposed tariffs on steel and aluminum imports. A weakening rupee, underwhelming third-quarter financial results from several Indian companies, and rising bond yields further contributed to the negative sentiment.
Mid and small-cap stocks in the healthcare, real estate, and consumer durables sectors were particularly hard hit. Mahindra & Mahindra Ltd experienced the largest decline among Sensex stocks, falling 2.23%. ITC Ltd and Zomato Ltd also saw significant drops. Fourteen of the thirty Sensex stocks ended in the red. Sectoral indices also suffered, with the Nifty Midsmall Healthcare Index experiencing the steepest fall at 1.12%.
This follows Tuesday’s substantial losses, where the Sensex plummeted 1.32% and the Nifty fell 1.32%. Analysts point to the prevailing negative sentiment, although some suggest the market may be nearing a rebound point. The rupee strengthened slightly against the dollar, while 10-year government bond yields also increased. The market’s performance reflects a continuation of global uncertainty and anxieties surrounding trade relations.
First Piper 