Markets resume fall: NIFTY50 falls 100 points, SENSEX trades below 75,750; IT stocks among top gainers

Indian equity benchmarks traded lower in the mid-market session, as uninterrupted foreign fund outflows continued to hit investors' sentiment. Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,937.83 crore on Monday, according to exchange data.

Some concern also came as the commerce ministry’s data showed that India's merchandise exports declined for the third month in a row in January 2025, falling by 2.38% year-on-year to $36.43 billion as against $37.32 billion a year ago due to volatility in petroleum prices and global uncertainties.

On the global front, Asian markets are trading higher as markets react positively to easing geopolitical tensions after US President Donald Trump's decision to open talks with Russia on ending the war with Ukraine without a European presence.

The SENSEX trade at 75627.89, down by 368.97 points or 0.49% after trading in a range of 75591.37 and 76091.69. There were 7 stocks advancing against 23 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index fell 1.00%, while Small cap index was down by 1.85%.

The NIFTY50 traded at 22842.50, down by 117.00 points or 0.51% after trading in a range of 22822.15 and 22992.50. Nine stocks advanced on the index, while 41 stocks declined.

All Asian markets are trading higher; Nikkei 225 surged 247.63 points or 0.63% to 39,421.88, Taiwan Weighted added 51.91 points or 0.22% to 23,557.24, Hang Seng advanced 464 points or 2.01% to 23,080.23, KOSPI increased 13.60 points or 0.52% to 2,624.02, Straits Times rose 9.24 points or 0.24% to 3,914.09, Jakarta Composite gained 48.24 points or 0.71% to 6,879.12 and Shanghai Composite strengthened 9.68 points or 0.29% to 3,365.51.