Foreign investors have pulled out over Rs 23,710 crore from equity markets so far this month, pushing total outflows past Rs 1 lakh crore in 2025 amid rising global trade tensions.
Market Closing Bell: Equity benchmark indices fell for the fifth day in a row on Monday i.e. February 24, 2025 amid weak US market trend and unabated foreign fund outflows amid concerns over US tariffs.
While, the 30-share BSE benchmark tanked 856.65 points or 1.14 per cent to settle at 74,454.41.During the day, it plummeted 923.62 points or 1.22 per cent to 74,387.44.
The NSE Nifty dropped 242.55 points or 1.06 per cent to 22,553.35.
In the last five trading sessions, the BSE barometer lost 1,542.45 points or 2 per cent, and the Nifty tanked 406.15 points or 1.76 per cent.
From the Sensex pack, HCL Tech, Zomato, Tata Consultancy Services, Infosys, Tech Mahindra, Bharti Airtel, Tata Steel and NTPC were among the biggest laggards.
In contrast, Mahindra & Mahindra, Kotak Mahindra Bank, Maruti, Nestle and ITC were among the gainers.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,449.15 crore on Friday, according to exchange data.
Foreign investors have pulled out over Rs 23,710 crore from equity markets so far this month, pushing total outflows past Rs 1 lakh crore in 2025 amid rising global trade tensions.
In Asian markets, Seoul, Shanghai and Hong Kong settled lower. Equity markets were closed in Tokyo for a holiday.
European markets were trading mostly in positive territory. US markets ended significantly lower on Friday.
The BSE smallcap gauge declined 1.31 per cent, and the midcap index dipped 0.78 per cent.
Global oil benchmark Brent crude rose 0.04 per cent to USD 74.46 a barrel.
On Friday, the BSE benchmark dropped 424.90 points or 0.56 per cent to settle at 75,311.06. The Nifty declined 117.25 points or 0.51 per cent to 22,795.90.
With PTI inputs