Indian Stock Market Sees Biggest Intraday Crash of 2025: Nifty 50, Sensex Plummet Amid IT Stock Selloff
Indian Stock Market : The Indian stock market witnessed a massive selloff on February 28, with both the Nifty 50 and Sensex recording their biggest intraday decline of 2025. Escalating trade tensions, valuation concerns, and heavy foreign institutional investor (FII) selling triggered a steep decline, wiping out a staggering ₹9 lakh crore in investor wealth in a single day.
Here are the 10 key highlights of today’s stock market crash.
1. Nifty 50 and Sensex Record Worst Intraday Performance of 2025
Both benchmark indices suffered their worst intraday fall of the year, continuing their downward trend for the fifth consecutive month.
- Nifty 50 plunged 1.85% to 22,128 points, shedding 420 points.
- Sensex tumbled 1.90%, closing at 73,198 points.
- Nifty has now lost 4,149 points (16%) from its all-time high of 26,277 in September 2024.
- Sensex has fallen 12,780 points (15%) from its peak of 85,978.
2. IT Stocks Lead the Market Crash
The IT sector bore the brunt of the selloff, dragging down the broader indices.
- The Nifty IT index tumbled 4.18%, marking its worst fall since April 2023.
- All major IT stocks ended in deep red:
- Tech Mahindra: -6%
- Persistent Systems: -5.8%
- Wipro: -5.7%
- TCS: -4.2%
- Infosys: -3.9%
The sector has been struggling amid global economic uncertainties and weak earnings growth.
3. 45 Out of 50 Nifty Stocks Close in the Red
Out of the 50 stocks in Nifty 50, 45 ended with significant losses.
- The biggest losers included:
- Tech Mahindra (-6.3%)
- Wipro (-5.7%)
- Tata Consumer (-4.8%)
- Titan Company (-4.3%)
- TCS (-4.2%)
- On the flip side, only 5 stocks managed to stay in the green:
- HDFC Bank (+1.19%)
- Shriram Finance (+1.7%)
- Hindalco Industries (+0.4%)
4. Mid-Cap and Small-Cap Indices Plunge 2.5% Each
- Nifty Midcap 100 fell 2.49%, closing at 47,915 points – a 22% decline from its peak.
- Nifty Smallcap 100 dropped 2.50%, settling at 13,844 points, now 26% lower than its peak of 19,640.
The heavy selling suggests panic among retail investors, high-net-worth individuals (HNIs), and family offices.
5. ₹9 Lakh Crore Wealth Wiped Out
The severe selloff resulted in ₹9 lakh crore market cap erosion in just a single session.
- The total loss in investor wealth for the week now stands at ₹20 lakh crore.
- Foreign Institutional Investors (FIIs) have been relentless sellers, offloading large chunks of equities amid global and domestic uncertainties.
6. 148 Nifty 500 Stocks Hit 52-Week Lows
A total of 148 stocks from the Nifty 500 index plunged to fresh 1-year lows, including:
- Jio Financial Services
- Oil India
- Tata Technologies
- Birlasoft
- RailTel Corporation
- Elgi Equipments
7. 20 Stocks Crash Between 10-20%
Several stocks saw massive declines, losing between 10-20% in a single day.
Some of the hardest-hit stocks included:
- Bombay Wire Ropes (-18%)
- TBO Tek (-15%)
- BSE Ltd. (-12%)
- Octaware Technologies (-11%)
8. Vodafone Idea, YES Bank Among Most Traded Stocks
Market activity surged, with some stocks witnessing massive trading volumes.
- Vodafone Idea saw 525 million shares change hands but still closed 3.21% lower at ₹7.5.
- YES Bank recorded a turnover of 147.3 million shares.
Other high-activity stocks included Zomato, Suzlon Energy, and GTL Infrastructure.
9. 318 Stocks Locked in Lower Circuit
According to NSE data, 318 stocks hit their lower circuit limits, dropping between 5% and 10%.
Some major names that hit their 10% lower circuit:
- Twamev Construction and Infrastructure (₹40.45)
- ASK Automotive (₹355)
10. What’s Next for the Market?
- Analysts expect continued volatility, with global trade tensions and domestic economic concerns keeping investors cautious.
- FII selling pressure remains a major worry.
- Experts believe Nifty 50 could test the 22,000 support level before stabilizing.
Financial Ratios of Key Stocks Affected
Here’s how the major impacted stocks stand in terms of valuation metrics:
| Stock | P/E Ratio | P/B Ratio | Dividend Yield (%) | 52-Week High (₹) | 52-Week Low (₹) |
|---|---|---|---|---|---|
| Infosys | 26.1 | 8.2 | 2.2 | 1,748 | 1,221 |
| TCS | 28.3 | 9.5 | 1.9 | 4,242 | 3,200 |
| Tech Mahindra | 22.7 | 6.8 | 3.1 | 1,612 | 1,007 |
| Wipro | 19.4 | 4.2 | 2.8 | 785 | 520 |
| ICICI Bank | 18.2 | 3.6 | 1.6 | 1,080 | 814 |
| Tata Steel | 9.8 | 2.1 | 4.0 | 162 | 108 |
Conclusion
Today’s stock market crash has sent shockwaves through Dalal Street, with both Nifty 50 and Sensex suffering their biggest intraday fall of 2025.
- Heavy selling across IT, banking, and mid-cap stocks has rattled investors.
- With ₹9 lakh crore in wealth wiped out, market participants are bracing for more turbulence.
- All eyes are now on global cues, FII activity, and central bank policies to determine the next market direction.
As uncertainties persist, investors are advised to remain cautious and adopt a long-term approach while navigating these volatile markets.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.