Share Market: Bloodbath at the Dalal Street continues as India’s benchmark indices, Sensex and Nifty 50, settle down in red on Friday, February 28, 2025. The Sensex (index with top 30 firms) tumbled 1414.33 points to settle at 73,198.10 on Friday. Meanwhile, Nifty50 (index with top 50 firms) was down 420.35 points to settle at 22,124.70 points.
Today, within the first 45 minutes of trading, the overall market capitalization of listed companies on the Bombay Stock Exchange (BSE) plummeted massively. This resulted into the investors losing Rs 6 lakh crore in the first 45 minutes of trading.
Indian equities are in downturn from a long time now. There are multiple reasons that are adding fuel to it. The Indian rupee is continuously witnessing decline. Furthermore, US President Donald Trump is threatening to impose additional tariffs on India, pulling several stocks downward. Moreover, Union Budget, presented on February 1 and RBI’s MPC decision to cut the repo rate by 25 basis points (bps) to 6.25% failed to impress the equity markets. Continuous selling by the foreign investors in Indian equities. Foreign investors have pulled out Rs 35,694 crore from Indian equities this month, so far is also a reason for the market downturn.
Share Market Mayhem: Stocks In Focus
Based on BSE data, here’s a snapshot of how key stocks performed in Friday’s trading session.
| Company | Price Change | Closing Price (Rs) |
|---|---|---|
| ICICI Bank | 1.50% Down | 1,203.10 |
| Tata Motors | 4.27% Down | 620.55 |
| TCS (Tata Consultancy Services) | 3.56% Down | 3,483.90 |
| Reliance Industries (RIL) | 0.62% Down | 1,199.60 |
| Zomato | 3.21% Down | 221.75 |
| HCL Technologies | 3.45% Down | 1,574.95 |
| Tech Mahindra | 6.19% Down | 1,488.90 |
| Adani Ports | 0.77% Down | 1,070.15 |
| ITC | 1.68% Down | 394.70 |
| HDFC Bank | 1.86% Up | 1,731.10 |
On Friday, only 29 out of 30 Sensex constituents ended in the red, while only 1 Sensex stock closed in the green.
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