Stock markets fall: Sensex,  Nifty tumble over 1 pc

Indian stock markets faced a significant downturn on February 27, with the benchmark Sensex dropping by 961.42 points (1.17%) to close at 81,287.19 due to foreign fund outflows and increased geopolitical tensions, particularly linked to the US-Iran nuclear negotiations. This sell-off resulted in a loss of approximately 4.98 trillion rupees ($60 billion) in market value, with the total market capitalization falling to 463.51 trillion rupees (around $5.10 trillion).