The stock market dropped sharply after opening on Monday, February 17, 2025, as IT, real estate, and auto stocks declined.
The benchmark BSE Sensex was down 518.92 points, or 0.68%, at 75,420.29 at 9:20 am IST. The larger NSE Nifty began at 22,813.70, down 115.55 points, or 0.5%.
Which stocks fell the most?
Mahindra & Mahindra saw the largest decline of 4.25% among the 30 Sensex stocks, closing at ₹2,815.75. Following this, Ultratech Cement dropped 1.58%, trading at ₹11,080.00, while Tata Steel declined 1.79%, trading at ₹132.00. Only 4 of the 30 Sensex stocks were in the green.
On the other hand, Ultratech Cement was one of the stocks that had the biggest decline at the last close.
How did individual sectors perform?
The Nifty Auto Index dropped the most among the Nifty sector indices, falling 1.25% to 21,794.15, followed by the Nifty Realty, which dropped 0.94% to 823.65, and the Nifty IT, which dropped 0.72% to 41,015.40.
How did the stock market perform during the previous session?
Following the end of last week’s session on Friday, February 14, 2025, the stock market ended the day down, driven lower by mid- and small-cap healthcare firms, media, and pharmaceutical companies. Last week, stocks in the healthcare and pharmaceutical industries had the most consistent declines.
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