Stock Market Today: Godrej Industries Surges 13.38% to 976.60
With global tariff concerns & market volatility rising, will stocks rebound On Thursday, February 20, 2025, the Indian stock market experienced a downturn, influenced by both domestic and international factors. The BSE Sensex declined by 197.87 points (0.26%), settling at 75,738.34, while the Nifty 50 fell by 33.60 points (0.15%) to close at 22,891.74. Market Influencers The market's decline was primarily driven by significant losses in heavyweight stocks such as HDFC Bank and Maruti Suzuki India. HDFC Bank saw a drop of 2.1%, attributed to discounted trades in multiple blocks. Maruti Suzuki India decreased by 2% following its parent company's announcement to reduce the number of electric vehicle launches in India from six to four by 2030. This strategic shift raised concerns about the company's future growth in the EV segment. Global trade tensions also played a role in dampening investor sentiment. U.S. President Donald Trump's proposal to introduce tariffs of 25% or more on imports of automobiles, pharmaceuticals, and semiconductors has created uncertainty in global markets.