Stock market holiday: BSE, NSE closed today on account of Eid al-Fitr; check details

On Friday, March 28, which was also the last trading session of the fiscal year 2024-25, the headline indices ended in the red, with the SENSEX falling 191 points following weak global trends amid uncertainties over Trump's tariffs.

The 30-share BSE benchmark SENSEX slipped 191.51 points, or 0.25%, to settle at 77,414.92. During the day, the index slumped as much as 420.81 points, or 0.54%, to 77,185.62 levels.

The broader NIFTY50 index of the National Stock Exchange (NSE) dropped 72.60 points, or 0.31%, to settle at 23,519.35.

In the 2024-25 financial year, the SENSEX jumped 3,763.57 points or 5.10%, while the NIFTY50 climbed 1,192.45 points or 5.34%.

In the first half of the financial year, that is, from April to September, the equity markets surprised investors on the upside by creating new highs after the National Democratic Alliance (NDA) government led by Prime Minister Narendra Modi came back to power for the third time in a row in June.

However, in the second half, the bullish sentiment went for a toss, and markets came under heavy selling pressure due to multiple headwinds, such as expensive valuations, relentless selling of Indian equities by foreign institutional investors, and a dismal set of earnings posted by the Indian companies.

There was a flight of overseas investors to other Asian countries such as China as the nation turned attractive, given the many stimulus measures that it took to boost the economy.

The NIFTY50 index posted its longest spell of monthly losses on record, from October through February. The NIFTY50 index corrected 10.49% in the second half of February, while SENSEX declined 9.95% from their respective highs hit in September.

In the financial year 2024-25, foreign institutional investors sold shares worth ₹1,27,041 crore, according to the data from National Securities Depository Limited (NSDL).