The stock market crashed, Nifty-Sensex all broke...!
On the last trading day of the month of february i.e. Friday, there was a huge sell-off in the indian stock market. Nifty 50 and Sensex registered a sharp decline in the morning trade itself. Nifty 50 started at a low of 22,433 and then touched an intraday low of 22,120, showing a decline of more than 400 points. At the same time, the Sensex started at a level of 74,201 and then touched an intraday low of 73,173, registering a decline of more than 1,400 points. bank Nifty also opened at a low of 48,437 and then touched an intraday low of 48,078, falling by 1.30 percent.
Chaos of selling everywhere
Today's selling was not limited to the frontline index only. The BSE small-cap index fell over 3.40 per cent, while the BSE mid-cap index declined nearly 3 per cent. Stocks like Patanjali Foods, Granules India, Aditya Birla Real Estate, deepak Fertilizers and Redington were among the top losers. However, strong buying was seen in stocks like KEI Industries, Star health and Allied Insurance, Polycab India, IEX, RR Cable and Coal India. By 1 pm, 81 BSE-listed stocks hit the upper circuit, while 460 stocks remained locked in the lower circuit. During this period, 46 stocks touched a 52-week high, while 817 stocks hit a 52-week low.
These three reasons led to the stock market crash
The first reason is GDP data
In fact, GDP data for the december quarter is going to be released this evening. Investors feel that India's economy can pick up pace again in this quarter. But slow economic growth, weak earnings momentum and selling by foreign investors have affected the market. The market has fallen 14 percent from its record high in late September.
Foreign investors sell off
NSDL data shows that foreign investors have sold indian stocks worth Rs 1,13,721 crore so far in 2025. In february, FIIs have sold indian equities worth Rs 47,349 crore, while DIIs have made net purchases worth Rs 52,544 crore.
IT stocks under heavy pressure
Asian markets also witnessed a decline, with the MSCI Asia ex-Japan index falling 1.21 per cent. The decline comes after weak results from Nvidia on Wall Street. AI stocks, including the "Magnificent Seven" mega-cap companies, also sold off after Nvidia's earnings report. The Nifty IT index fell 3.2 per cent at the time of writing, with companies like Persistent Systems, Tech mahindra and Mphasis suffering the biggest losses, falling up to 4.5 per cent.
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