Mumbai, March 28 || Indian stock markets ended the last trading session of the current financial year (FY25) on a lower side amid a volatile day. With this, the Sensex and Nifty gained over 5 per cent each in FY25.
Sensex dropped 191.51 points, or 0.25 per cent, to close at 77,414.92, while the Nifty slipped 72.60 points, or 0.31 per cent, to settle at 23,519.35.
Despite the weak intra-day session, both benchmark indices recorded gains for the full financial year. The Sensex gained more than 5.11 per cent while Nifty gained 5.34 per cent this fiscal.
Indian stock markets will remain closed on Monday (March 31), due to Eid festivities and trading will resume on Tuesday (April 1).
The midcap and smallcap segments outperformed, with the Nifty Midcap100 rising 5.4 per cent and the Nifty Smallcap100 climbing 7.48 per cent during the fiscal.
“Recent sessions mark a rebound from earlier declines, fuelled by renewed buying from the FIIs, who have injected over 30,000 crore in the last few trading days, shifting to net buyers,” said Krishna Appala of Capitalmind Research.
Appala added that domestic DIIs have also played a role, with a mix of net buying and selling shaping market dynamics.
Market sentiment remained weak as more stocks declined than advanced, with 2,399 shares in the red against 1,454 gainers, while 116 stocks remained unchanged.