The stock market plunged into the red upon opening as trading began on Monday, February 10, 2025, dragged down by metal and healthcare stocks. At 9:20 am IST, the benchmark BSE Sensex was down by 302.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,561 level, a discount of nearly 54 points from the Nifty futures’ previous close.

Indian equity markets started the week on a weaker note, with key indices slipping in early trade. The NSE Nifty 50 opened at 23,522.45, falling 37.50 points or 0.16 %, while the BSE Sensex dropped 250.62 points or 0.32% to 77,609.57.

Despite a 25-basis-point repo rate cut by the Reserve Bank of India, the market closed largely in the red. However, midcap stocks continued to outperform, with the midcap index closing in positive territory.

The Indian stock market faced selling pressure for the fourth day on February 10, with Sensex dropping over 600 points to 77,189.04 and Nifty 50 falling nearly 200 points to 23,357.60.