Stock market sees sharp decline, Sensex and Nifty both slip by 300 points

Stock Market Today: The Indian stock market started on a negative note on Friday, February 27, the last trading day of the week. Major benchmark indices, the BSE Sensex and NSE Nifty 50, opened in the red.

The 30-share BSE Sensex index slipped 28.13 points, or 0.03 percent. The Sensex opened the day at 82,220.48. The NSE Nifty 50 also declined. The Nifty 50 opened at 25,459.85, down 36.70 points, or 0.14 percent.

The Sensex was trading at 81,994, down 253 points. The Nifty 50 slipped 83 points and was trading at 25,412.

BSE's top gainers and losers

Tech Mahindra, HCL Tech, Eternal, TCS, and Trent were the top gainers during the trading day. Maruti, Indigo, Mahindra & Mahindra, Bharti Airtel, and Reliance were the top losers.

How was the market on Thursday?

The Indian stock market witnessed flat trading on Thursday, February 26th. The key benchmark index, the BSE Sensex, closed in the red, while the NSE Nifty 50 closed in the green. The Sensex fell 27.46 points, or 0.03 percent, to close at 82,248.61, while the NSE Nifty 50 jumped 14.05 points, or 0.06 percent, to close at 25,496.55.

Adani Ports, Maruti, Bharti Airtel, TCS, and Reliance were the top gainers from the BSE basket. Top losers were Trent, Eternal, PowerGrid, HDFC Bank, and Asian Paints.

Summary

The Nifty 100, Nifty Bank, Nifty Auto, Nifty IT, and Nifty Midcap 100 stocks rose. The Nifty FMCG and Nifty Smallcap 100 stocks declined. On Thursday's trading day, 13 stocks from the BSE basket closed in the green, while 17 declined.