Sensex Down 1414 Points: (On Friday (28 February), the last trading day of February 2025 and the last trading day of the week, the Sensex fell by 1414 points (1.90%). It closed at the level of 73,198. Nifty also fell 420 points (1.86%) and closed at 22,124.
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Sensex Down 1414 Points
BSE Small-Cap declined by 1,028 points (2.33%), closing at 43,082. Mid-Cap also declined by 853 points (2.16%), closing at 38,592. Out of 30 Sensex stocks, 29 declined, and only one (HDFC Bank) rose. Out of 50 Nifty stocks, 45 declined, and only 5 rose. All the sectoral indices of the NSE declined today.
The biggest decline was in Nifty IT, 4.18%, Auto, 3.92%, Media, 3.48%, Government Banks, 2.83%, and Metal, 1.39%. Apart from this, a decline of up to 2% was seen in Pharma, Banking, FMCG, and Financial Services.
Investors’ wealth decreased by Rs 8.95 lakh crore. Investors’ wealth reduced by Rs 8.95 lakh crore due to selling in the stock market. Friday, February 28, the overall market cap of companies listed on BSE stood at Rs 384 lakh crore. On February 27, it was approximately Rs 393 lakh crore.
Reasons Of The Share Market Crash Sensex Down 1414 Points
- Third quarter GDP figures will be released today. Before this, investors were cautious. India’s economy is estimated to grow at 6.3% this quarter. An increase in government spending helped offset the weakness in domestic demand. However, the projections regarding further growth are a bit restrained.
- On Thursday, US President Donald Trump confirmed that 25% tariffs on Canada and Mexico will go into effect on March 4. Apart from this, an additional 10% tariff will be imposed on China from March 4 in addition to the already imposed 10% tariff. This has increased pressure in the markets. There is a decline in American and Asian markets.
- On February 27, foreign investors (FIIs) sold shares worth Rs 556.56 crore. In 2025, foreign investors have sold Indian shares worth more than Rs 1 lakh crore. Meanwhile, domestic institutional investors (DIIs), including mutual funds, bought shares worth Rs 83,000 crore during the period.
Sensex Down 1414 Points: Global Market Declined By More Than 3%
- Infosys, Bharti Airtel, ICICI Bank, TCS, and Mahindra took the market down. Whereas, HDFC Bank tried to take over the market.
- In Asian markets, Korea’s Kospi closed down 3.39%. At the same time, Hong Kong’s Hang Seng fell by 3.28% and China’s Shanghai Composite Index fell by 1.98%.
- On February 27, foreign investors (FIIs) sold shares worth Rs 556.56 crore. During this period, domestic investors (DIIs) bought shares worth Rs 1,727.11 crore.
- On February 27, America’s Dow Jones closed at 43,239 with a decline of 0.45%. While the S&P 500 index closed up 1.59% at 5,861 and the Nasdaq rose 2.78% at 18,544.
Tuhin Kant Pandey to Lead SEBI
Tuhin Kant Pandey as the next Chief of the Securities and Exchange Board of India (SEBI). Tuhin will hold this post for the next 3 years. He will replace the current Chief Madhabi Puri Buch. Madhabi is retiring today (28 February).
Tuhin Kant Pandey is a 1987 batch IAS officer of Odisha cadre. He is one of the busiest secretaries of India in the Modi 3.0 government. He is currently handling four important departments in the Central Government. He was appointed to the post of Finance Secretary on 7 September 2024.
There was flat trading in the stock market yesterday, i.e. Thursday (February 27), the Sensex closed at 74,612 with a rise of 10 points. Nifty fell 2 points and closed at 22,545. Out of 30 Sensex stocks, 13 declined and 16 rose.
Out of 50 Nifty stocks, 31 declined and 19 rose. In the NSE Sectoral Index, the biggest decline was in the Media sector of 3.58% and the Auto sector of 1.51%. Whereas the index of Nifty Bank, Metal and Financial Services was up by 1%.
Jay Chavda He is the Founder and Writer of businesspulsecare.com. He is an I.T Engineer, Freelancer, Businessman. He posts Business, Stock/Share Market, Finance Related News and updates on the website. 🔗