Private Banks Drag Bank Nifty as Nifty Slips Below 25,300
Private banking heavyweights ICICIBANK, HDFCBANK and KOTAKBANK led a sharp afternoon selloff, dragging Bank Nifty lower and pulling Nifty below 25,300.
Blog
STT Hike Fears Hit Capital-Market Stocks After NSE Warning
NSE commentary on post-April STT impact triggered a sharp sell-off in exchange and broking-linked stocks, highlighting policy-led stress within turnover-sensitive financial names.
FII Selling, Global Tech Weakness Push Nifty Below 25,350
Indian markets closed sharply lower on February 27, 2026, as FII selling, global tech weakness, Iran-linked geopolitical stress and rupee pressure deepened risk-off sentiment.
Nifty Slides on Tariff-Iran Jitters; Banks, FMCG Weigh
Indian benchmarks weakened through midday trade on global risk-off cues, with banking and FMCG heavyweights leading index losses while IT stocks remained relatively firm.
HDFC Bank-Led Financial Selling Keeps Nifty Flat at Close
Late-session weakness in HDFC Bank and other private lenders offset gains in pharma and auto, leaving benchmark indices almost unchanged at the close.
Auto, Pharma Cushion Nifty as FMCG-Power Drag Persists
Nifty remained choppy in mid-afternoon trade as strength in auto and pharma heavyweights offset weakness in FMCG and power names, capping benchmark momentum.
Nifty Slips Below 25,500 as Crude Rises, Global Cues Weaken
Indian benchmarks erased early gains in afternoon trade on February 26, 2026, as firmer crude and softer global cues drove profit booking and pushed Nifty below 25,500.
IT Rally Fades as FMCG, PSU Banks Drag Nifty Below 25,450
Early gains in IT stocks lost momentum as FMCG and PSU-bank selling intensified, pulling Nifty below 25,450 in afternoon trade amid weak broader market breadth.
Metal strength offsets PSU bank drag as Nifty breadth slips
Indian equities surrendered most early gains as metal stocks held firm while PSU banks and key heavyweights declined, resulting in a narrow index close and negative breadth.
Defence Stocks Rise as Modi Israel Visit Puts BEL in Focus
Late-session defence-sector rotation on February 25, 2026 lifted BEL as markets reacted to headlines around PM Modi's Israel visit and bilateral defence talks.
