Closing Bell: Sensex Drops 1,414 Points, Nifty Ends February 6% Lower on February 28, 2025

The Indian stock market faced heavy selling pressure on Friday, with both Sensex and Nifty falling sharply due to weak global trends. Concerns over new tariff threats from the US President led to a broad-based sell-off across sectors.

The BSE Sensex opened with a 400-point gap down and continued to fall throughout the day. It hit a low of 73,141 before closing at 73,198, down 1,414 points (1.9%).

For the week, Sensex lost 2,113 points (2.8%), and in February, it declined 4,303 points (5.6%). The index has now dropped 15% from its all-time high of 85,978.

Similarly, the NSE Nifty 50 touched a low of 22,105 before closing at 22,125, down 420 points (1.9%). The index fell 5.9% in February and is now 16% below its lifetime high of 26,277. If it falls 20% from its peak, it will enter a bear market.

Top Gainers and Losers

• IndusInd Bank was the biggest loser, down 7%.
• Other major losers included Tech Mahindra, Mahindra & Mahindra, Bharti Airtel, Tata Motors, Titan, Infosys, and Nestle India, all dropping 4-6%.
• HDFC Bank was the only Sensex stock to gain, rising 2%.

Sectoral Performance: IT and Auto Hit Hard

The market fall was broad-based, with most sectors seeing losses:

• IT and Auto stocks suffered the most, dropping 4% each.
• FMCG, Healthcare, Capital Goods, Consumer Durables, and Oil & Gas fell over 2%.

Broader Market and SmallCap Performance

The market breadth was extremely weak, with:

• 3,248 stocks ended in the red, and only 742 stocks gained.
• 476 stocks hit lower circuit limits, while 106 stocks hit upper circuits.
• The BSE SmallCap index recorded its biggest monthly fall in 5 years.

Oil Prices

As of February 28, 2025, at 04:05 PM, Brent Crude was trading flat at $73.29, down by 1.01%.

Conclusion

The stock market saw a broad-based sell-off led by weak global cues and concerns over US trade policies. With Sensex and Nifty both declining over 5% in February, investors remain cautious. 

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