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Stock Market Highlights: Sensex sinks 1,414pts, ends Feb 6% lower; Nifty at 22,125 on broad sell-off

Market Crash Highlights, Friday: BSE MidCap and SmallCap indices plunged over 2% each; Sectoral indices led by Auto and IT cracked up to 4% as Trump tariff threats weighed; HDFC Bank, however, rose 2%

SI Reporter New Delhi
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Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE(Photo: Shutterstock)

3 min read Last Updated : Feb 28 2025 | 3:53 PM IST

3:53 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: Nifty experienced a significant decline on Friday, shedding over 400 points after a consolidation breakdown. The RSI remains bearish but has entered the oversold zone. In the near term, Nifty is expected to find support around 21,800-22,000. A sustained move above 21,800 could lead to a significant recovery, while failure to hold this level may trigger another sharp decline.

View by Rupak De, senior technical analyst, LKP Securities.

3:49 PM

Stock Market LIVE Updates: Expert view

Stock Market LIVE Updates: The recent rise in US bond yields is making American investments more attractive, prompting Foreign Institutional Investors (FIIs) to pull money out of Indian markets and shift to the US and China. Additionally, China’s pro-business policies have revived investor confidence, further drawing funds away from India. However, long-term investors shouldn’t panic over these short-term movements. India’s economy remains strong, and such market dips often present great buying opportunities for those who stick to a disciplined investment strategy

View by Kirang Gandhi, a Pune-based financial mentor.

3:46 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The national market experienced a sharp decline amid heightened bearish sentiment largely influenced by weak global cues. The decline was largely triggered on fear of the implementation of 25% tariff on U.S. imports from Canada and Mexico, set to take effect next week, along with an additional 10 per cent tariff on Chinese goods. Adding to market jitters, the potential imposition of tariffs on the European Union has further fuelled uncertainty. As investors navigate this volatility, all eyes are on the domestic Q3 GDP data, which could provide vital insights into the economic recovery trajectory and influence market direction.

View by Vinod Nair, head of research, Geojit Financial Services.

3:42 PM

Stock Market LIVE Updates: Here's a look at Nifty gainers and losers at close

Stock Market LIVE Updates: IndusInd Bank, Tech Mahindra, Wipro were among the top laggards on NSE Nifty50. 

 

3:40 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: Except HDFC Bank all constituents fell on BSE Sensex. IndusInd Bank, Tech Mahindra, Airtel were among the top losers. 


3:38 PM

Stock Market LIVE Updates: Broader markets end with deep cuts

Stock Market LIVE Updates: BSE Midcap and Smallcap were down over 2 per cent at close. 


3:37 PM

Stock Market LIVE Updates: Nifty50 settles at 22,124.70, down 420.35 pts or 1.86 per cent

Stock Market LIVE Updates: NSE Nifty50 closed at 22,124.70, down 420.35 pts or 1.86 per cent. 


3:36 PM

Stock Market LIVE Updates: Sensex closes down 1,414 pts or 1.9 per cent at 73,198.1

Stock Market LIVE Updates:  BSE Sensex finished the last trading session of the week with deep cuts. Sensex closed down 1,414 points or 1.9 per cent at 73,198.1.

 

3:24 PM

Stock Market LIVE Updates: India must make itself quantum secure: HCL Co-founder Ajai Chowdhry at BS manthan

Stock Market LIVE Updates: India must prioritise its quantum security to safeguard critical infrastructure, financial systems, and national security, said HCL co-founder Ajai Chowdhry in a fireside chat at the second edition of Manthan, Business Standard's annual summit, in New Delhi on Friday.
 
Chowdhry highlighted that nations across the world, including smaller countries such as Finland and Singapore, are heavily investing in quantum research, with funding ranging from $400 million to $1 billion. He warned that once a quantum computer with the right speed emerges, it will pose a "significant cybersecurity threat to every country." Read more 

3:16 PM

Stock Market LIVE Updates: TCS extends partnership with Norway's DNB Bank ASA for next 5 years

Stock Market LIVE Updates: Tata Consultancy Services (TCS) on Friday announced an extension of its partnership with Norway's largest financial services group, DNB Bank ASA, for an additional five years. It, however, did not divulge the financial details of the extended contract.
 
With the renewed pact, TCS will continue as DNB's strategic partner, supporting the bank's digital modernisation, while enhancing cost efficiency targets, according  to a release. Read more 

 

 

3:08 PM

Stock Market LIVE Updates: This smallcap stock rose 20% on huge volume in weak market; trades ex-bonus

Stock Market LIVE Updates: Jindal Worldwide (JWL) shares surged 20 per cent to Rs 82.65 on the BSE in Friday’s intra-day trade amid heavy volumes in an otherwise weak market. Today, the stock of smallcap company turned ex-date for bonus issue in ratio of 4:1 i.e. 4 (Four) new fully paid-up equity shares of Rs 1 each for every 1 (One) existing fully paid-up equity share of Rs 1 each held, to the eligible equity shareholders of the company as on the record date.

At 02:03 PM; Jindal Worldwide traded 19.6 per cent higher at Rs 82.40 on the BSE. In comparison, the BSE Smallcap index was down 3 per cent at 5,529.62. As many as 11.64 million equity shares changed hands on the NSE and BSE. Read more 

2:53 PM

Stock Market LIVE news: Physical gold will be preferred in future, says Arora

Stock Market LIVE news: 'With uncertainity and security hazards evolving, physical gold will be much preferred in future.'

2:50 PM

Stock Market LIVE news: Trump will have to resolve tariff issues soon, says Arora

Stock Market LIVE news: 'US President Donald Trump won't be able to play the the tariff game for very long time. This uncertainity is for 3-4 months.'

2:47 PM

Stock Market LIVE news: Gold is a good bet, says Arora

Stock Market LIVE news: I won't buy bitcoin...I don't know the purpose of bitcoin...gold is a good bet, said Arora. 

2:45 PM

Stock Market LIVE Updates: HDFC Bank has been a contra bet, says Arora

Topics :Donald TrumpMARKET WRAPMARKET LIVEMarketsMarket newsIndian stock marketsIndian stock marketS&P BSE SensexNifty 50Gift NiftyStock market correctionStock market crashGlobal MarketsDonald Trump tariff hikenikkeiNasdaq Composite index

First Published: Feb 28 2025 | 7:29 AM IST