Sensex Sinks Below 73,000 Amid Global Equity Rout on Tariff War Worries
Falling for the third consecutive session, the BSE Sensex closed below the 73,000 mark on Tuesday (March 4, 2025), declining by 96 points amid a global equity rout driven by concerns over escalating tariff wars and persistent foreign fund outflows.
Market Performance
- Sensex: Declined 96.01 points (0.13%) to close at 72,989.93.
- Intraday Low: The index hit a low of 72,633.54, dropping 452.4 points before partial recovery.
- Nifty 50: Fell 36.65 points (0.17%) to 22,082.65.
Top Gainers & Losers
Sensex Losers:
- Bajaj Finserv
- HCL Technologies
- Nestle India
- Asian Paints
- Bharti Airtel
- Infosys
- Reliance Industries
Sensex Gainers:
- State Bank of India
- Zomato
- Tata Consultancy Services
- Adani Ports
- Power Grid
- Tata Steel
- HDFC Bank
Expert Insights
Vinod Nair, Head of Research, Geojit Financial Services: “The domestic market recovered from early losses but remained in negative territory due to global trade tensions.”
Ajit Mishra, SVP, Research, Religare Broking: “Weak global cues continue to weigh on sentiment, but selective buying is limiting the downside.”
Global Market Influence
- Asian markets saw losses in Tokyo, Hong Kong, and Seoul, while Shanghai closed in green.
- European markets traded in negative territory.
- US markets ended lower on Monday.
Additional Market Data
- Brent Crude Oil Price: Fell 1.37% to $70.64 per barrel.
- Foreign Institutional Investors (FIIs): Offloaded equities worth ₹4,788.29 crore on March 3, 2025.
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