Market Opening Bell: Sensex, Nifty open in red amid US stock market’s sell-off

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Market Opening Bell: Sensex, Nifty open in red amid US stock market's sell-off


Market Opening Bell: While the 30-share BSE Sensex opened at 73,743.88, the NSE Nifty 50 started the session at 22,345.95.

Market Opening Bell: Indian benchmark indices opened in the red on Tuesday, March 11, 2025, amid weak global cues. The 30-share BSE Sensex opened at 73,743.88, while the NSE Nifty 50 started the session at 22,345.95.  

There was a fall of 371.29 points or 0.50 per cent on the Sensex in the opening trade. Nifty50 was down by 114.35 points or 0.50 per cent. The Sensex closed at 74,115.17 and Nifty 50 at 22,460.30 in the last trading session on Monday. 

From the Sensex pack, IndusInd Bank, Zomato, Tata Steel, Tata Motors and Infosys were among the biggest laggards in the opening trade, with IndusInd losing 10 per cent. On the other hand, stocks like Sun Pharma, ICICI Bank and Kotak Bank were green in the opening trade.

In early trade, 1,848 stocks in the Nifty pack were trading in the red, while 305 were trading in the green. Sixty stocks remained unchanged. 

What does Gift Nifty indicate?

Earlier, Gift Nifty, an early indicator for equity market indices, indicated a negative start for the Nifty 50 as it opened lower at 22,368.50 against the previous close of 22,42650 on Monday. 

Asian Markets Today

Meanwhile, Asian markets traded in the red today, while the US stock market ended lower on Monday due to the ongoing sell-off.

The S&P 500 was down 3.2 per cent in afternoon trading, which would be its sharpest drop since the highest inflation in generations was shredding budgets in 2022. The Dow Jones Industrial Average was down 1,042 points, or 2.4 per cent, with just over an hour remaining in trading, and the Nasdaq composite was 4.6 per cent lower.

At the time of writing the news, Hong Kong’s Hang Seng index was down by 204.93 points or 0.86 per cent, and Japan’s Nikkei 225 fell 637.19 points or 1.72 per cent. Similarly, South Korea’s Kospi was down by 1.31 per cent. Also, China’s Shanghai Composite was in the red.  
 
How did individual sectors perform?

In the opening trade, Major Nifty sectoral indices traded in the red. The Nifty IT was down 1.95 percent, and the Nifty FMCG was down 0.28 percent. Similarly, the Nifty Bank Index was down 0.49 percent, and the Nifty Metal fell 0.78 percent. 



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