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  • 🚨 Bloodbath on D-Street! Sensex, Nifty Crash Nearly 2% as Tariff Fears Spark Panic Selling, Worst Monthly Streak in 29 Years 📉💥

🚨 Bloodbath on D-Street! Sensex, Nifty Crash Nearly 2% as Tariff Fears Spark Panic Selling, Worst Monthly Streak in 29 Years 📉💥

📰Daily Market Wrap-Up by Stock Whisperers-February 28

28-February-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex plummeted 1.90% (1,414.33 points) to close at 73,198.10, ending February on a sour note.

  • The Nifty dropped 1.86% (420.35 points) to 22,124.70, reflecting broad-based selling pressure.

  • Midcap and Smallcap indices fell over 2.2%, amplifying the market’s bearish tone.

  • All sectoral indices closed in the red, with Nifty IT, Auto, Media, and Metal plunging the most.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): offloaded ₹11,639.02 crore

  • Domestic Institutional Investors (DII): bought ₹12,308.63 crore

Robust domestic buying softened the blow from aggressive foreign selling, though it couldn’t avert the crash.

📊📑 Important Observations and Market Sentiments: Editor Special

  • Panic selling gripped the market as Trump’s proposed 25% tariffs on Canada and Mexico, 10% on China, and potential EU levies rattled global sentiment.

  • Weak earnings, slowing growth fears, and persistent FII outflows fueled the steep decline.

  • Nifty’s worst monthly losing streak in 29 years wiped out ₹85 lakh crore in investor wealth since September highs.

  • Investors are now pinning hopes on Q3 GDP data for signs of economic resilience amid global uncertainty.

DO YOU KNOW?

The last time the Nifty saw a worse monthly losing streak was in 1996, a year marked by political instability and global economic turbulence.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: HDFC Bank, Axis Bank, and Reliance offered some resistance amid the selloff.

  • Top Losers: Tech Mahindra, IndusInd Bank, Mahindra & Mahindra, Bharti Airtel, and Infosys led the decline.

  1. Coal India rose 2% after a ₹300/ton price hike, boosting revenue by ₹3,878 crore.

  2. Premier Energies tumbled 5% as 10.6 crore shares (23% equity) became tradable post-lock-in.

  3. Afcons Infra fell 6% after tax officials raided its offices.

  4. LIC slipped on a ₹479.88 crore GST demand order for FY21 from Maharashtra tax authorities.

  5. Granules dropped 8% intraday after a USFDA warning letter for its Gagillapur facility.

  6. Crompton Greaves gained traction with Jefferies and Nomura retaining ‘buy’ ratings (₹480 target).

  7. Solar Industries surged on securing ₹2,150 crore in export orders.

Your Weekly Stock Markets Rundown: 📉 Markets Stay Volatile as Global Uncertainties Weigh In

February 24–28, 2025

 Markets remained volatile, impacted by global trade tensions and weak Q3 earnings.
 DII buying and falling oil prices provided some cushion against FII selling.
 F&O expiry, India’s GDP data, and US economic updates will drive market movements next week.
 Short-term technical outlook: If Nifty crosses 23,100, a recovery rally may be on the cards.

👀Stocks to Focus:

  1. Coal India: Price hike could sustain gains if sentiment stabilizes.

  2. Solar Industries: Export order wins may attract attention.

  3. HDFC Bank: Defensive strength could shine in volatile times.

📝Summary:

Indian markets closed February with a brutal 2% crash, driven by global tariff fears and relentless FII selling. Domestic buying provided some cushion, but weak cues and sectoral declines dominated. All eyes now turn to Q3 GDP data for a potential lifeline as bearish sentiment deepens.

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Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.