*12th February, 2025* ‼️ *Trader Pulse By Vishal* ‼️ Indian equity markets extended their decline for the sixth consecutive session with major indices closing in the red. The ongoing downturn is attributed to concerns over *U.S.* trade policies, particularly the recent *increase in tariffs* on steel and aluminum imports, and apprehensions regarding domestic earnings. Additionally, persistent *selling by foreign institutional investors* and caution ahead of upcoming *U.S. inflation data* have contributed to the negative sentiment. *Major Indices Performance:* • *NIFTY 50:* 📉 Declined by 0.12%, closing at 23,045.25. • *SENSEX:* 📉 Dropped 0.16%, ending at 76,171.08. • *BANK NIFTY:* 📈 Rose by 0.15%, settling at 49,479.45. • *NIFTY MIDCAP 100:* 📉 Fell by 0.26% closing at 50,756.40. • *NIFTY SMALLCAP 100:* 📉 Declined 0.26%, closing at 16,033. *Major Sectoral Performance:* • *Gainers:* Banking and financial services sectors showed resilience, with indices closing higher by up to 0.84%. • *Losers:* The realty sector was the top laggard, declining by 2.74%. Other sectors such as IT, auto, FMCG, pharma, and healthcare also ended lower, with losses up to 1.14%. 📢 *Major news headlines of the day:* • *Jupiter Wagons* has received a ₹600 crore order from Ambuja Cements and ACC to supply specialized railway wagons. • *Lupin* reported a 38.8% increase in profit after tax to ₹8,589 crore for Q3, with revenue doubling to ₹57,677 crore. The company also received USFDA approval for a new nasal spray and plans to transfer its OTC healthcare business to a new subsidiary. • *Bharat Heavy Electricals Limited (BHEL)* has won a ₹6,200 crore contract from Damodar Valley Corporation to supply and install equipment for the Raghunathpur Thermal Power Station Phase-II in West Bengal. • *TVS Motor* Company plans to invest ₹2,000 crore in Karnataka over the next five years to establish a capability center and enhance manufacturing facilities. • *Ashok Leyland* reported a 36% increase in consolidated net profit to ₹762 crore for Q3 FY25, with revenue rising 8% to ₹11,995 crore. The company's EBITDA reached an all-time high of ₹1,211 crore. • At Aero India 2025, *Zen Technologies* introduced its latest airborne killer drone system, highlighting the company's expectation that drones will become a significant business segment. This initiative aligns with the nation's growing healthcare needs and increased insurance coverage.