Sunday, June 22, 2025

Markets sink to 2024 lows as Sensex plunges 1,414 points, investors lose ₹9 lakh crore

Date:

Feb 28, 2025 3:31 PM IS

Market At Close | Extends Losses, Nifty Falls To Lowest Level Since June 2024

Sensex & Nifty are down 16% from record highs, midcap index down 22%

BSE-listed companies erase market cap of more than ₹9 lakh crore today

15 of 50 Nifty stocks hit 52-week lows today

25 of 100 midcap index stocks hit 52-week lows

Sensex falls 1,414 points to 73,198 & Nifty 420 points to 22,125

Nifty Bank slips 399 points to 48,345 & midcap index 1,222 points to 47,915

IndusInd is top Nifty loser, down 7% despite MSCI-related flows

IT stocks see major cuts tracking weak global cues, Nifty IT down 4%

Auto stocks remain under pressure on an expectation of weak February sales data

HDFC Bank lends support to Nifty & Nifty Bank, ends 2% higher in a weak market

Coal India closes 1% higher on the announcement related to levy increase

KEI Industries moves sharply higher in the last hour, closes with a gain of 5%

IndiGo continues to gain market share, stock closes with a gain of 1%

Solar Industries moves higher on ₹2,150 crore order win, stock ends 3% off lows

Muthoot Finance sees a cut of 3% tracking a fall in gold price

Stocks (Tata Tech, IREDA, Titagarh) see a big fall after entry into F&O

Patanjali sees a big upmove, gains over 13% from lows to end flat

Granules slides 10% as US FDA issues warning letter for Gagillapur unit

Market breadth firmly in favour of declines, advance-decline ratio at 1:6

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