Stock Market LIVE Updates, Wednesday, March 12, 2025: Benchmark equity indices ended with marginal losses on Wednesday, weighed down by intense selling pressure in IT stocks. Smart gains in private banking shares, however, helped the benchmark indices keep losses in check.
The BSE Sensex opened 170-odd points higher at 74,270, and soon spurted to a high of 74,392. Thereafter, the BSE index pared gains and slipped into the red, sliding to a low of 73,598 - down 794 points from the day's high. The Sensex eventually ended the day with a marginal loss of 73 points or 0.1 per cent at 74,030 - the BSE benchmark was down for the fourth straight trading session.
The NSE Nifty 50, from a high of 22,577 tumbled to a low of 22,330 - down 247 points in intra-day deals - before signing off the day 27 points lower at 22,470.
Among the Sensex 30 shares, IndusInd Bank was the top gainer, up nearly 5 per cent as the bank's CEO and group chairman tried to soothe investors' fears. Tata Motors, Kotak Bank, Bajaj Finance, ITC, HDFC Bank and Sun Pharma were the other major gainers - up 1 - 3 per cent each.
On the other hand, Infosys plunged over 4 per cent. Tech Mahindra, Nestle India, HCL Technologies, TCS, Asian Paints, Axis Bank, Adani Ports, Hindustan Unilever, Zomato and SBI ended with losses in the range of 1 - 3 per cent.
In the broader market, the BSE MidCap and the SmallCap indices closed with losses of around 0.5 per cent each. The overall market breadth too was fairly negative, with nearly 2,500 stocks declining as against near 1,500 advancing stocks on the BSE.
Sectorally, the BSE IT index plunged over 3 per cent amid fears of potential US recession risk, and downgrades by Morgan Stanley and Motilal Oswal Financial Services. The Realty index shed 1.7 per cent, and the Metal was down 0.5 per cent. On the positive front, the Nifty Private Bank index gained 0.7 per cent on Wednesday.
 "Stock Market Highlights: Sensex ends 73 pts lower amid volatility")
