
The Indian equity market has experienced a substantial sell-off, erasing ₹94 lakh crore of investor wealth over the past five months. The decline has been attributed to weak global cues and concerns regarding tariffs imposed by Donald Trump. The BSE Sensex fell 1,400 points last week, closing at 73,198, while the Nifty ended at 22,124. In February alone, the NSE Nifty dropped 1,383.7 points, or 5.88%, and the BSE Sensex lost 4,302.47 points, or 5.55%. From its record peak of 85,978.25 on September 27, 2024, the BSE benchmark index is down 12,780.15 points, or 14.86%. On March 3, the Nifty closed at 22,120, a marginal decline of 0.02%, while the Sensex dropped 0.08% to 73,139 compared to the previous close. The broader market showed mixed results, with the Nifty Midcap and Smallcap 100 indices gaining 0.2% each.
Stock Market Update: Sensex Tanks 300 Points, Nifty At 22,035.15 - Indian Markets Struggle Amid Trump’s Tariff War https://t.co/d2lvaHgaiq
#OpeningBell | Sensex, Nifty open red as global stocks fall ahead of Donald Trump tariffs
Sensex slides as global fears grow. - Sensex down by 360 points. - Trump's tariffs trigger market jitters. - NIFTY hits lowest since June 5, 2024. @Sharad9Dubey shares more details with @Prathibhatweets https://t.co/jASqyjgG6K