Stock market update: Bears dominate as Sensex falls 961 points and Nifty 318 points
The Indian stock market witnessed a major decline on Friday, February 27, 2026, due to heavy selling and weak global cues. Both the Sensex and Nifty indexes fell by more than 1 percent, resulting in losses of approximately ₹5.5 lakh crore for investors.
Market Status
At the end of trading, the BSE Sensex fell 961 points, or 1.17 percent, to close at 81,287. The NSE Nifty fell 317.90 points, or 1.25 percent, to 25,178. The market witnessed a widespread sell-off, with the midcap and smallcap indices also losing up to 1.10 percent.
Main Reasons for the Decline
FII Selling: Continued selling by foreign investors has dampened market sentiment.
Global Tensions: The lack of progress in nuclear talks between the US and Iran has deepened fears of escalating tensions in the Middle East. Furthermore, the ongoing conflict between Pakistan and Afghanistan has also made investors cautious.
Weak Global Cues: Uncertainty in US markets and diminished expectations of interest rate cuts have increased global risk appetite.
Weak Rupee: The rupee weakened 0.02 percent against the dollar to 90.98, leading to pressure in the foreign exchange market.
Sectoral Performance
Almost all sectoral indices, except IT, media, and consumer durables, were in the red in today’s trading. The realty sector (-2.26%) and auto sector (-1.86%) were the hardest hit. The metal and FMCG indices also saw a decline of 1.69 percent. However, some buying was seen in IT stocks after the previous day’s decline, providing some support to the market.
