FINNIFTY: Will It Record Its Longest Losing Streak for February?

The Nifty Financial Services Index (FINNIFTY) is designed to reflect the performance of India’s financial sector. It comprises 20 stocks listed on the National Stock Exchange (NSE), including banks, financial institutions, housing finance, insurance, and other financial services companies.

The index is computed using the free float market capitalisation method, meaning its value is derived from the total free float market value of its constituent stocks relative to a base market capitalisation. Additionally, the Nifty Financial Services Total Returns Index acts as a variant, used for benchmarking fund portfolios, and launching index funds, ETFs, and structured products.

FINNIFTY’s Performance on February 24, 2025

As of 3:05 PM on February 24, 2025, the FINNIFTY was trading 0.78% lower but had recovered over 150 points from its intraday low of 22,842.60.

• The index hovered near its opening levels despite early losses.
• Advance-Decline Ratio: 17 stocks were trading in the red, while only 3 stocks—Kotak Bank, Axis Bank, and SBI Card—were in the green.

Will February 2025 Mark FINNIFTY’s Longest Losing Streak?

The FINNIFTY is down nearly 1% for February. If it closes the month in the red, it would mark the 4th consecutive February decline, an unprecedented losing streak for the index.

Here’s how FINNIFTY has performed in February over the last 3 year:

• 2022: Down 5.05%
• 2023: Down 0.58%
• 2024: Down 0.44%

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.