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Sensex, Nifty extend losing streak as markets end in red for 8th session
Feb 14, 2025Benchmark domestic equity indices today ended in negative territory amid a broad-based sell-off, extending their downward trend to the eighth straight session. The 30-share index at the Bombay Stock Exchange, Sensex, fell 200 points, or 0.26 percent, to close at 75,939. Similarly, the National Stock Exchange Nifty-50 shed 102 points, or 0.44 percent, to settle at 22,929. The broader market indices at BSE ended with deeper cuts. The Mid-Cap index slumped almost 2.6 percent, and the Small-Cap index tanked over 3.2 percent.
In the Sensex index, 21 out of 30 companies logged losses. In the top laggards, Adani Ports shed 4.2 percent, UltraTech Cement slipped over 2.4 percent, and Sun Pharma fell 2.4 percent. Conversely, among the top gainers, Nestle India advanced 0.9 percent, ICICI Bank rose 0.8 percent, and Infosys gained over 0.7 percent.
In sectoral indices at the BSE, all sectors ended down, except for focused IT, which remained nearly unchanged. In top laggards, services lost over 3.1 percent, industrials slipped over three percent, and healthcare as well as capital goods both fell over 2.7 percent each.
The overall market breadth at the BSE was negative as shares of 3,320 companies declined and 681 advanced while 82 remained unchanged. At the National Stock Exchange, 8 companies hit their 52-week high while 563 hit their 52-week low.
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