Closing Bell: Markets End in Red as Aviation and Healthcare Sectors Drag
By ScanX News Team
Indian stock markets ended negative on April 9, 2025, with Nifty 50 down 0.51% at 22,420.25 and Sensex down 0.44% at 73,904.08. Aviation (-1.888%) and Healthcare (-1.532%) sectors led the losses, while Transport (0.893%) and Food Products (0.182%) showed resilience. Blue Jet Healthcare Ltd was in focus, plunging 9.999% after key announcements. Market breadth was negative with 2,465 decliners vs 1,730 advancers out of 4,195 total scrips.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets closed on a negative note on April 9, 2025, with both benchmark indices ending in the red. The Nifty 50 closed at 22,420.25, down 115.60 points or 0.51% from the previous close of 22,535.85. Similarly, the BSE Sensex ended at 73,904.08, shedding 323.00 points or 0.44% from its previous close of 74,227.08.
Sectoral Performance
The market witnessed a mixed performance across sectors, with some facing significant headwinds while others managed to stay afloat.
Top Losing Sectors
| Sector | Average Change (%) |
|---|---|
| Aviation | -1.888 |
| Healthcare | -1.532 |
| Oil & Gas | -1.482 |
| Utilities | -1.363 |
| Capital Markets | -1.133 |
Top Performing Sectors
| Sector | Average Change (%) |
|---|---|
| Transport | 0.893 |
| Transport Services | 0.367 |
| Food Products | 0.182 |
| Diversified | 0.152 |
| Commercial Services | 0.134 |
Buzzing Stocks
Blue Jet Healthcare Ltd was in focus today, with its stock plummeting 9.999% to close at ₹625.10. The company made two significant announcements:
- They started exporting a chemical intermediate in Q4FY25, used by their Europe-based innovator partner for manufacturing gadolinium-based contrast media.
- The company stated that a specific product is not expected to significantly contribute to their business in the near term but anticipates it becoming meaningful by FY27.
Market Breadth
The overall market breadth was negative, with decliners outnumbering advancers.
| Category | Number of Scrips |
|---|---|
| Total | 4,195 |
| Positive | 1,730 |
| Negative | 2,465 |
Conclusion
In summary, the Indian stock markets ended the day on a bearish note, with the aviation and healthcare sectors leading the losses. While some sectors like transport and food products showed resilience, the overall market sentiment remained cautious. Investors will be closely watching for further developments and their potential impact on market dynamics in the coming days.
