Sensex Tumbles 961 Points, Nifty Ends below 25,200 amid Late Selling Pressure

The Indian Sensex Today ended lower on February 27 as the Nifty closed below the 25,200 mark in the middle selling across sectors, except IT and media. After a weak beginning, the market stayed under pressure throughout the session due to subdued worldwide cues and rising geopolitical tensions. It keeps investor sentiment cautious.

At close, Indian Stock Market Live was down 961.42 points or 1.17 percent at 81,287.19. On the other hand, the Nifty was down 317.90 points or 1.25 percent at 25,178.65. Nifty Midcap and smallcap indices also stopped down 1% each.

The top draggers are

● Dr Reddy's Labs,

● Bharti Airtel,

● M&M,

● HDFC Life,

● Sun Pharma

On the other hand, the top gainers were

● Trent,

● HCL Tech,

● Infosys,

● Apollo Hospitals.

Among sectors, auto, bank, FMCG, metal, realty and telecom drop by 1-2%. On the other hand, IT, media, consumer durables ended in the green form.

In stock precise action, Vishal Mega Mart shares plunged 7% after 14% equity changed hands in block deals. The Netweb Technologies India share cost rose 4% in collaboration with Vertiv. The MSTC shares added 2% on emerging low bidder for a tender of Coal India.

Just about the 100 stocks touched their 52-week high, like

● Sai Life Sciences,

● Schaeffler Industries,

● Apar Industries,

● Graphite India,

● JK Bank,

● SAIL,

● Hitachi Energy,

● IOC,

● Polycab,

● Bharat Forge,

● Bank of Maharashtra,

● Bank of India,

● Data Patterns,

● Eicher Motors.

Investor sentiment weakens due to a mixture of factors like the inconsistent foreign flows, weak worldwide cues and lingering geopolitical tensions.