Mumbai, February 24, 2025: Indian stock markets opened on a weak note, with the Nifty 50 and Sensex dropping over 0.7% due to muted Q3 corporate earnings and sustained selling by Foreign Institutional Investors (FIIs). Investors remain cautious as several major companies reported lower-than-expected results, dampening market sentiment. Weak global cues and concerns about inflation have also added to the bearish trend.
Market analysts attribute the decline to profit booking and persistent outflows from FIIs, reflecting global uncertainty. Sectors like IT, banking, and metals witnessed significant losses, while defensive stocks in FMCG and pharmaceuticals saw limited buying. Experts advise investors to remain cautious amid ongoing market volatility.
