Stock Market Falling Again Today!
The Indian share market is volatile right now. The new week started weak for the market which opened lower today on Monday. With most stocks plunged in red, the Indian stock market continued to fall on 17 February. Is the market correcting? Was it due for a long time?
Why Market is Down?
Continuous FII selling along with Donald Trump’s new tariff plan on India and other countries brought down the Sensex and Nifty drop for successive nine trading sessions on Monday. It will remain another rough session for investors as indexes fell sharply in early trade. The fall of the IT and auto sectors also led to the market decline.
How Stocks Performing?
On Monday, except for Pharma and finance, all other major sectors saw a considerable dip. Mahindra & Mahindra declined the most by 4.25%. Tata Steel fell 1.79%, and Ultratech Cement dropped by 1.58%. Bharti Airtel, Infosys, Wipro, and Bharat Electronics remained the top losers. However, some experts say that this dip in the market is the right time to buy productive stocks. It’s important to remain composed and analyze the stock fundamentals during market volatility. While this is not new in the market, one must remember that stock market returns are rarely linear.
The BSE Sensex fell by 92.76 points or 0.12%, and the Nifty50 dropped by 20.65 points, or 0.09%.
Most of the corporates recorded weak earnings in Q3 of FY25. Many of them reported single-digit earnings growth. Since it doesn’t support high stock valuations, most of them are going into correction.
Mid and small caps enjoyed a strong rally last year but feeling the pressure now. Compared to the Nifty50 gains of only 9%, the smallcap 250 index showed a 25% return in 2024.
IPO Trends
The latest IPO trends haven’t provided much gains on the listing, unlike last month. However, with big players going public, the IPO market in India is likely to experience substantial growth in the future. Amid ongoing market corrections, technology and renewable energy sectors are drawing investor interest. If IPOs can pull high volumes, strong demand, and positive returns, it will be a sigh of relief for investors.