• Source:JND

Stock Market Today: Domestic equity Indices settled sharply lower on Friday, February 27 amid weak global cues and escalating geo-political risks. BSE Sensex ended the session at 81,287.19, down 961.42 points or 1.17 per cent, while NSE's Nifty closed at 25,178.65, down 317.90 points or 1.25 per cent.

Top Losers and Gainers

Sun Pharma, Bharti Airtel, Mahindra and Mahindra, Bajaj FinServ, Indigo, Maruti, Ultratech Cement, Adani Ports, Hindustan Unilever, Kotak Bank, ICICI Bank, Bajaj Finance, PowerGrid, Tata Steel, ITC and others were top losers.

HCL Tech, Infosys, and Trent closed higher.

The market sentiment was dragged by broad-based selling as the majority of sectoral and broader indices crashed.

Key Factors Behind the Stock Market Crash Today?

According to experts, the Domestic markets continued to consolidate amid weak global cues and rising geopolitical risks, with investor sentiment turning increasingly cautious.

"The lack of progress in US–Iran nuclear talks has intensified concerns of further escalation of Middle East tensions, while persistent AI‑related uncertainty is also supporting safe‑haven flows, said Vinod Nair, Head of Research, Geojit Investments Limited.

Domestically, a risk‑off tone prevails as the earnings season winds down and global macro factors take precedence, he added.

Hariprasad K, SEBI-registered Research Analyst and Founder, Livelong Wealth aid that markets witnessed a sharp sell-off session today, with the Nifty 50 declining 317 points (-1.25%) as selling pressure persisted throughout the day.

"The index decisively breached the crucial 25,350 support level, sweeping through a key OI-rich zone and nearly filling the gap formed after the earlier US–India tariff-led rally, signalling a clear shift in near-term sentiment," he added.

Weak global cues and rising geopolitical uncertainty following inconclusive US–Iran talks weighed on investor confidence, triggering broad-based profit booking across Auto, FMCG and Pharma stocks after recent advances.

According to Ponmudi R, CEO of Enrich Money, the IT sector failed to sustain early gains and faced renewed pressure, while other cyclical and globally sensitive sectors remained subdued.

"Elevated volatility, geopolitical concerns, and cautious positioning ahead of key macroeconomic triggers kept investors defensive," Ponmudi added.


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