Nifty 50 Records Worst Start to Year in a Decade Amid Continued Selling Pressure
The Nifty 50 index has recorded its worst start to a new year in a decade, declining 2.50% in the first eight sessions of 2025. This marks the third consecutive year of negative market performance at the start of the calendar year. BSE-listed companies have lost ₹20.00 lakh crore in market cap from the January 2 peak, with 30 of 50 Nifty stocks posting negative returns. ITC leads the decline with a 15.00% drop to multi-year lows, while HDFC Bank experienced its worst week since January 2024, losing over ₹1.00 lakh crore in market cap.

*this image is generated using AI for illustrative purposes only.
India's equity markets are witnessing unprecedented selling pressure as the Nifty 50 index records its worst start to a new year in a decade. The benchmark index has declined 2.50% in the first eight sessions of 2025, continuing a troubling pattern of negative market performance at the beginning of calendar years.
Market Capitalization Losses
The scale of the market decline becomes evident when examining the broader impact on market capitalization. BSE-listed companies have collectively lost approximately ₹20.00 lakh crore in market value from the January 2 peak this year.
| Period | Market Cap Loss |
|---|---|
| From January 2 Peak | ₹20.00 lakh crore |
| Year-to-Date Basis | ₹15.00 lakh crore |
This marks the third consecutive year that Indian equity markets have witnessed a negative start to the calendar year, highlighting the challenging environment facing investors.
Individual Stock Performance
The broad-based nature of the decline is reflected in individual stock performance, with 30 out of the 50 Nifty constituents delivering negative returns during this period. Several major companies have experienced significant declines that have impacted their market valuations substantially.
| Stock | Decline (%) | Notable Impact |
|---|---|---|
| ITC | 15.00% | Multi-year lows, top Nifty loser |
| Reliance Industries | 7.00% | Major constituent decline |
| Trent | 6.00% | Significant retail sector impact |
| HDFC Bank | 6.00% | Worst week since January 2024 |
Banking Sector Impact
HDFC Bank's performance deserves particular attention, as the banking giant witnessed its worst week since January 2024. The decline resulted in the bank losing over ₹1.00 lakh crore in market capitalization, representing a substantial erosion in shareholder value for one of India's largest private sector banks.
Global Market Comparison
When viewed in the context of global market performance, the Nifty's struggles become more pronounced. The index delivered just 5.00% returns in US Dollar terms compared to other global markets, which gained between 20.00% to as high as 70.00% during the same period. This performance gap places the Nifty among the worst-performing markets globally in 2025.
The current market environment reflects the challenges facing Indian equities, with sustained selling pressure affecting both individual stocks and broader market indices. The combination of significant market cap losses and poor relative performance against global peers underscores the difficult conditions prevailing in the domestic equity market.















































