Stock Market Opens Flat with Real Estate, Metal, IT and Telecom Falling Most: A Mixed Bag for Investors
The stock market opened flat on Tuesday, February 25, 2025, with the benchmark BSE Sensex trading 7.76 points or 0.01% higher at 74,462.17, while the broader NSE Nifty was down 5.90 points or 0.03% at 22,547.45. This mixed performance was driven by gains in some sectors, while others, such as real estate, metal, IT, and telecom, took a beating.
Which Stocks Rose and Fell the Most?
Among the 30 Sensex stocks, Mahindra & Mahindra rose the most, gaining 1.43% to trade at ₹2,748.10, followed by Zomato and Maruti Suzuki India which rose 0.81% and 0.68% respectively. On the other hand, Larsen & Toubro, Tata Consultancy Services, and Power Grid Corporation of India fell the most, dropping 1.39%, 0.73%, and 0.66% respectively.
How Did Individual Sectors Perform?
The Nifty Media Index rose 0.99% to 1,492.40, led by gains in the media sector. Nifty Auto and Nifty FMCG also gained 0.36% and 0.18% respectively. However, the Nifty Realty Index fell 1.10% to 828.40, while the Nifty Metal and Nifty Midsmall IT & Telecom indices fell 0.58% and 0.56% respectively.
How Did the Stock Market Perform during the Previous Session?
The stock market closed lower on Monday, February 24, 2025, with the Sensex dropping 856.65 points or 1.14% to 74,454.41. The loss was led by declines in the IT, metal, and mid and small cap IT and telecom sectors.
Expert Analysis
"Today’s opening slump created a gap-down pattern, the first since January 27, which then led to a local trough that resulted in a 4.5% advance," said Akshay Chinchalkar, Head of Research at Axis Securities. "The gap area of 22,720 is critical, and if we manage a daily close above this level, we could see a test of the next big hurdle area between 23,050 and 23,280. If we don’t, the next key support under 22,500 lies at 22,370."
"However, the Nifty 50 index remains in negative territory and is expected to trade below 22,500 in the coming days," said Kunal Kamble, Sr. Technical Research Analyst at Bonanza. "With expiry nearing, short covering may lead to a pullback toward 22,800, which should be seen as a selling opportunity. Option data indicates strong resistance at 22,800 and support at 22,500."
Foreign Institutional Investors (FIIs) were net sellers, offloading ₹6,286.70 crore of equities, while Domestic Institutional Investors (DIIs) remained net buyers, investing ₹5,185.65 crore.
The Verdict
The stock market opened flat, with some sectors rising while others took a beating. The IT, metal, and mid and small cap IT and telecom sectors continued their decline, while the media and auto sectors gained. As investors navigate the uncertain market, it’s essential to stay informed and adaptable, analyzing the trends and making informed decisions.
