Markets

Dalal Street bleeds: Sensex tanks 1,260 pts as IT rout deepens; Nifty slips below 25,400

February 24, 2026

Indian stock markets experienced significant declines on February 24, 2026, with the BSE Sensex dropping over 1,350 points and the Nifty 50 slipping below 25,400 amid widespread selling pressure, particularly in the IT sector. The downturn was exacerbated by weak global cues and concerns regarding U. S. trade policies, leading to a loss of over ₹6 lakh crore in investor wealth.

Reuters

Credit: Sensex tanks 1,260 pts as IT rout deepens; Nifty slips below 25,400. File Image/

Key Highlights

BSE Sensex fell by over 1,350 points, reaching an intraday low of 81,934.
Nifty 50 dropped below 25,400, hitting 25,327 during the session.
The sell-off resulted in a loss exceeding ₹6 lakh crore in market capitalization.
Weak global cues and profit booking in IT stocks contributed to the decline.
Total BSE market capitalization decreased from ₹469 lakh crore to ₹463 lakh crore.

Business

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Dalal Street bleeds: Sensex tanks 1,260 pts as IT rout deepens; Nifty slips below 25,400

Key Highlights

Sources

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