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HomeMarket NewsStock Market Highlights: Markets sink to 2024 lows as Sensex plunges 1,414 points, investors lose ₹9 lakh crore
By CNBCTV18.COM | Feb 28, 2025 4:15 PM IST (Updated)
Sensex Today | Stock Market Highlights: All sectoral indices ended in the red, posting losses between 1% and 10%. A majority of Nifty stocks delivered negative returns, with 46 of the 50 stocks declining. Notably, 15 of them fell by 5% or more. IT and auto stocks emerged as the worst-performing sectors, with Tech Mahindra, Wipro, UltraTech Cement, TCS, Tata Motors, and HCLTech among the top losers.
Sensex Today | Stock Market Highlights: The Indian stock market recorded its biggest weekly fall of 2025, with the Nifty declining nearly 3% amid sustained selling pressure. This marks the sixth week of negative returns in the eight weeks of 2025 so far.
The bearish trend extended into Friday’s session, dragging the Nifty to its lowest level since June 2024. The Sensex and Nifty have now fallen 16% from their record highs, while the midcap index has plunged 22%. The BSE-listed firms collectively lost over ₹9 lakh crore in market capitalization in a single day. Market breadth remained weak, with declines firmly outpacing advances.
A total of 15 out of 50 Nifty stocks and 25 out of 100 midcap index stocks hit their 52-week lows. The Sensex closed 1,414 points lower at 73,198, while the Nifty tumbled 420 points to settle at 22,125. The weakness extended to the banking space, with the Nifty Bank slipping 399 points to 48,345 and the midcap index shedding 1,222 points to close at 47,915.
