Markets Bleed at Noon: Nifty, Sensex Plunge Over 1.5% Amid Sector-Wide Selloff
By ScanX News Team
Indian stock markets are witnessing a significant downturn at midday on April 25, 2025. The Nifty 50 has plummeted 1.54% to 23,873.90 points, while the BSE Sensex has tumbled 1.41% to 78,675.61 points. Engineering Services sector leads the losses at -6.79%, followed by Power (-4.68%) and Aerospace & Defense (-4.46%). No top-performing sectors were reported, indicating a broad-based selloff. Prime Securities is in focus after announcing Q4 results and dividend, despite an 8.66% drop in share price.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets are witnessing a significant downturn at midday on April 25, 2025, with both benchmark indices trading deep in the red. The Nifty 50 has plummeted 1.54% to 23,873.90 points, shedding 372.80 points from its previous close. Similarly, the BSE Sensex has tumbled 1.41% to 78,675.61 points, marking a decline of 1,125.82 points.
Sectoral Performance
The market's negative sentiment is reflected across various sectors, with engineering services leading the losses:
| Sector | Performance |
|---|---|
| Engineering Services | -6.79% |
| Power | -4.68% |
| Aerospace & Defense | -4.46% |
| Aviation | -4.09% |
| Transport Services | -3.79% |
Notably, no top-performing sectors were reported, indicating a broad-based selloff in the market.
Buzzing Stocks
Prime Securities has caught investors' attention following the announcement of its Q4 results and dividend recommendation:
- Current Price: ₹226.90
- Price Change: -8.66%
The company reported a Q4 revenue of ₹127.10 million, slightly down from ₹128.20 million year-over-year. Q4 consolidated net profit decreased to ₹9.60 million from ₹16.50 million year-over-year but showed improvement from ₹82.00 million quarter-over-quarter. Despite the mixed results, Prime Securities has recommended a dividend of ₹1.50 per share.
Conclusion
As the trading session reaches its midpoint, the Indian markets are grappling with significant losses across major indices and sectors. The absence of any top-performing sectors underscores the widespread negative sentiment prevailing in the market today. Investors will be closely watching for any potential recovery in the latter half of the trading day.
