Indian Shares Drop Sharply Amid Trade War Fears

Indian shares are sharply lower, reflecting investor unease. The market is reacting to fears of a trade war and inflation, leading to significant declines in major companies.

Date: 12-02-2025

AI Rating: 4

**Market Overview**
Indian shares have seen a sharp decline, with the S&P/BSE Sensex dropping 808 points, or 1.1%, completing six consecutive losing sessions. The broader NSE Nifty index also experienced a dip of 232 points, or 1%.

**Individual Company Performance**
Among the notable companies suffering declines, IndusInd Bank, Reliance Industries, Adani Ports, Mahindra & Mahindra, and BEL dropped in the range of 3-4%. HAL faced a 4% slump due to criticism over delays in the Light Combat Aircraft's delivery. Other companies such as Ashok Leyland, RVNL, and Siemens, which are set to report their earnings soon, also saw declines. Vodafone Idea, despite a narrowing quarterly net loss, plummeted 7%, indicating persistent investor skepticism regarding its recovery. IRCTC reported a 14% rise in Q3 net profit but still tumbled 3.5%, which implies investor concern over the sustainability of growth. Conversely, IT stocks such as Infosys, TCS, and Tech Mahindra rose due to expectations of improved profit margins, driven by a weakening rupee.

No specific information is provided in the report on **Earnings Per Share (EPS)**, **Revenue Growth**, **Profit Margins (Gross, Operating, Net)**, or **Free Cash Flow (FCF)**. However, the diverging performance between struggling firms and IT companies reflects broader market concerns and opportunities.

Stocks: INDUSIND RELIANCE ADANIPORTS M&M BEL HAL ASHOKLEY RVNL Siemens VODAFONE IRCTC INFOSYS TCS TECHM