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BSE Limited shares fell 11 percent to Rs 4,583 amidst a market rout. Sensex dropped 1,400 points and Nifty50 fell below 22,150 due to Trump’s tariffs, FII selling, and weak global cues.
BSE Ltd price crash by 11%.
Shares of BSE Limited nosedived 11 per cent during the intraday session amidst the market rout. The scrip was trading at Rs 4,583 per share around 2:43 PM against the previous day close at Rs 5,162.50 apiece. Earlier, the counter opened at Rs 5,120 apiece.
A total of 56.09 lakh equities worth Rs 2,687 crore exchanged hands by the time of writing this report.
BSE Limited stock is trading below 7 out of 8 EMAs (5-day, 10-day, 12-day, 20-day, 26-day, 50-day, and 100-day).
Sensex, Nifty Tank
On Friday, February 28, 2025, the Indian benchmark indices, Nifty50 and Sensex, experienced a major drop, driven by the impact of President Trump’s tariffs, ongoing Foreign Institutional Investor (FII) selling, and weak global cues.
The BSE Sensex crashed 1,400 points to 73,189, while the Nifty50 slipped below 22,150 level around 12.50 pm.
About BSE Limited
BSE Limited, more commonly known as the Bombay Stock Exchange (BSE), holds the distinction of being the Indian stock exchange with the highest number of listed companies. As of February 8, 2022, this number stood at an impressive 5,246 companies. Situated on Dalal Street, the BSE is a testament to the vision of cotton merchant Premchand Roychand, who played a pivotal role in its establishment back in 1875. This makes the BSE the oldest stock exchange in Asia and the tenth oldest globally, marking its significant place in financial history.
Why Is Indian Share Market Falling Today?
Fears of slowing economic growth, weakening earnings, Trump’s tariff policies, and ongoing foreign investor selling have caused the benchmarks to fall 14% from their record highs in late September.
In light of these concerns, investors are closely monitoring the release of the December quarter GDP data, set to be published after market hours on Friday. A Reuters poll of economists suggests that India’s economy likely showed a rebound during the quarter.
