IT and Auto Drag Markets Down as Small-Caps Rebound
March 4, 2025: Stock Market Today: Indian equity markets ended lower for the 10th consecutive session on March 4, with frontline indices struggling against global headwinds. Despite a recovery attempt, losses in IT and auto stocks overshadowed gains in PSU and financial stocks. However, small-cap stocks rebounded sharply after sustained selling pressure.
Also Read: Indian Stock Market Braces for Sharp Drop Amid Global Sell-Off
The Nifty 50 closed 0.17% lower at 22,082, holding above the crucial 22,000 mark, while the Sensex slipped 0.13% to 72,962, losing the 73,000 level. The Nifty Midcap 100 index ended nearly flat at 48,000 (+0.05%), while the Nifty Smallcap 100 jumped 0.69% to 14,762, signaling renewed buying interest.
Also Read: Global Markets Crash as Trump’s Tariff Hike Sparks Panic
Global market sentiment remained weak after Donald Trump reaffirmed tariffs on Canada, Mexico, and China, sparking a broader sell-off in Asian and US markets. Indian IT and auto stocks bore the brunt of the negativity, dragging the overall market lower.
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Nifty 50, Sensex, stock market, trade war, global markets, Donald Trump tariffs, IT stocks, auto stocks, PSU stocks, small-cap rally, financial markets