Mumbai, February 19, 2025: Indian stock markets opened lower today due to mixed global cues and concerns over potential U.S. tariffs. The BSE Sensex dropped over 350 points, falling below 75,600, while the NSE Nifty50 neared 22,850.
The decline was mainly led by a sell-off in pharmaceutical and IT stocks following U.S. President Donald Trump’s proposed tariffs on pharmaceutical imports. Major companies like Sun Pharma, Dr. Reddy’s, Aurobindo Pharma, and Cipla saw significant losses. However, financial stocks offered some support, with gains in NTPC, Tata Steel, and Kotak Mahindra Bank.
