May 13, 2025 12:42 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India struck Malir Cantonment in Karachi: IAF's big revelation on Operation Sindoor | Nuclear blackmailing will not be tolerated, Operation Sindoor not over: PM Modi in address to nation | Military bases, equipment, systems operational, ready for next mission if required: Armed Forces on Operation Sindoor | India's cricket icon Virat Kohli retires from Test cricket | Secretary of State Marco Rubio says US position on Russia-Ukraine war remains on reaching 'immediate ceasefire' | Trade war de-escalation: US, China decide to roll back most tariffs for 90 days | India and Pakistan agreed to stop military actions: Govt confirms Trump's ceasefire claim | India, Pakistan have reached full and immediate ceasefire: Donald Trump announces on Truth Social | 'Frivolous allegation': India dismisses Pakistan's 'Indian missiles hit Afghanistan' disinformation | India opposes IMF's proposal to extend fresh loans to Pakistan, abstains from voting
Sensex-Nifty
Indian market bleeding red. Photo Courtesy: Unsplash

Indian Market bleeds red: Sensex down by over 1300 points, Nifty crashes by 401.55

| @indiablooms | Feb 28, 2025, at 01:34 pm

The Indian market is bleeding red, with both BSE Sensex and Nifty falling sharply on Friday.

At 1.10 pm, the BSE Sensex crashed by 1325.16 points to stand at 73287.

The Nifty index moved down by 401.55 points to trade at 22143.

The top losers in both Sensex and Nifty were IndusInd Bank, Tech Mahindra, M&M, and HCLTech.

IT, tech, auto, and telecom stocks were facing the maximum beating in the market.

What did experts say?

V K Vijayakumar, chief investment strategist at Geojit Financial Services,  told Business Standard: "Stock markets dislike uncertainty, and uncertainty has been on the rise ever since Trump was elected US president."

"The spate of tariff announcements by Trump has been impacting markets, and the latest announcement of an additional 10 per cent tariff on China is a confirmation of the market view that Trump will use the initial months of his presidency to threaten countries with tariffs and then negotiate for a settlement favorable to the US," he said.

Ajit Mishra of Religare Broking told the newspaper, "The past two sessions reflect indecision, likely due to oversold conditions. However, rotational selling across key sectors is not only limiting the rebound but also gradually dragging the index lower."

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
PM Modi on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu