Stock market today: Sensex, Nifty 50 take a breather, snap 5-day losing run on gains in financials

Stock market today: Indian markets wrapped up Tuesday’s session, February 25, on a flat note after witnessing sharp selling pressure in the previous trading session. Notably, Indian frontline indices outperformed their Asian peers in today’s session, which ended with sharper losses after U.S. President Donald Trump signed a memorandum directing the Committee on Foreign Investment in the U.S. (CFIUS) to restrict Chinese investments in strategic sectors.

However, the restrictions on China led to sharp declines in Indian metal stocks, as experts believe they could impact metal demand in China, the world’s largest consumer and producer of metals, potentially affecting prices.

Last month, Trump announced a 10% tariff on all Chinese imports, and on Monday, he stated that sweeping U.S. tariffs on imports from Canada and Mexico “will go forward” once the month-long delay on their implementation expires next week.

Trump’s series of tariff announcements has shaken investor confidence, leading to reduced participation in equities and a more cautious market sentiment. As a result, stock indices are trading within a narrow range, reflecting uncertainty and a wait-and-watch approach among market participants.

The Nifty 50 ended the session with a minor cut of 0.03%, closing at 22,547, while the Sensex finished at 74,602, gain 0.20% compared to Monday’s closing price and also it snapped the 5-day losing streak.

The Nifty Midcap 100 index concluded the session with a drop of 0.88%, closing at 49,702, while the Nifty Smallcap 100 index finished the session with a cut of 0.44% at 15,408 points. 

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.