Sensex Plunges 542 Points Amidst Blue-Chip Stock Decline and Foreign Fund Outflows
On July 24, 2025, the Indian stock market experienced a significant downturn as the Sensex fell by 542.47 points, closing at 82,184.17. This decline was primarily driven by profit-taking activities and notable foreign fund outflows. Market volatility was further amplified due to mixed sectoral performance, with banking and IT stocks bearing the brunt of the fall.
The NSE Nifty 50 index also mirrored this trend, dropping 157.8 points to close at 25,062. On the corporate front, some blue-chip companies reported disappointing quarterly earnings, which weighed heavily on investor sentiment. Shares of IT firms like Coforge and Persistent Systems saw sharp declines of over 5% and 9%, respectively, after missing earnings estimates.
However, there were some bright spots; Tata Consumer Products rallied by 4% following encouraging quarterly results. Despite hopes generated by discussions around a potential India-UK free trade agreement during Prime Minister Modi’s visit to the UK, the overall market mood remained cautious.
Investors are closely monitoring global cues and sector-specific developments as the market navigates through these fluctuations. The current environment underscores the ongoing sensitivity of Indian equities to both domestic earnings reports and foreign investment movements.