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.
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.
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.
Late-session weakness in HDFC Bank and other private lenders offset gains in pharma and auto, leaving benchmark indices almost unchanged at the close.
Nifty remained choppy in mid-afternoon trade as strength in auto and pharma heavyweights offset weakness in FMCG and power names, capping benchmark momentum.
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.
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.
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.
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.
Tata group stocks led by TCS moved higher intraday after Tata Sons deferred a decision on N Chandrasekaran's third term as chairman.
Sensex gains narrowed in afternoon trade as Reliance turned negative, dragging Nifty below 25,500 even as metals, autos and pharma stocks stayed in the green.