Stock Market Crash: Investors Lose Rs 6.64 Lakh Crore as Sensex, Nifty Plunge
Pune, 28 February 2025: The stock market continued its downward trend on the last day of February, erasing over ₹6.64 lakh crore of investor wealth as major indices opened in the red. The domestic market followed global cues, reacting to U.S. President Donald Trump’s decision to proceed with tariff implementations from March 4 and April 2.
At market opening, the BSE Sensex dropped 843.27 points or 1.13%, settling at 73,769.16, while the Nifty 50 fell 255.75 points or 1.13% to 22,289.30. All sectoral indices traded lower, with the Auto and IT sectors witnessing the most significant declines, each dropping over 2%.
Investors’ Wealth Declines Significantly
On February 27, 2025, the total market capitalization of BSE-listed companies stood at ₹3,93,10,210.53 crore. As of February 28, at market opening, this figure had declined to ₹3,86,46,106.34 crore, marking a loss of ₹6,64,104.19 crore for investors.
Broad Market Weakness
A total of 3,263 stocks were actively traded on the BSE today. Among them, only 544 stocks showed gains, while 2,599 stocks declined, and 120 remained unchanged. 590 stocks hit their one-year low, while only 17 reached a one-year high. Additionally, 39 stocks hit the upper circuit, whereas 172 stocks touched their lower circuit limits.
The sustained selling pressure and weak global sentiment continue to impact market stability, as investors remain cautious amid economic uncertainties.
