Mon Feb 24 04:48:05 UTC 2025: ## Indian Stock Markets Plummet on Global Uncertainty
**Mumbai, February 24, 2025** – Indian equity markets experienced a sharp downturn on Monday, mirroring negative trends in the US and fueled by concerns over US tariffs and continued foreign fund outflows. The Sensex plummeted 567.62 points to 74,743.44, while the Nifty dropped 188.4 points to 22,607.50.
Several leading stocks, including HCL Tech, IndusInd Bank, and Tata Consultancy Services, suffered significant losses. This follows a week of declines, with the Sensex falling 424.90 points on Friday alone.
Foreign Institutional Investors (FIIs) sold off ₹3,449.15 crore worth of equities on Friday, adding to over ₹23,710 crore in outflows for the month, pushing total outflows past ₹1 lakh crore in 2025. Analysts attribute the selling to rising global trade tensions and uncertainty surrounding US President Donald Trump’s tariff policies. The rise in Chinese stocks and the anticipated lack of a US Federal Reserve rate cut are also contributing factors.
Market experts express concern that continued FII selling and global uncertainties may further pressure the market this week, particularly given the holiday-shortened trading schedule. Brent crude oil also declined, falling 2.13% to $74.43 a barrel. Asian markets, including Seoul, Shanghai, and Hong Kong, also traded lower.
First Piper 