Share Market Live Updates – February 28

10:10 AM Update

The stock market has witnessed a major crash today, with the Sensex plunging 1,003 points to 73,615. The Nifty has also suffered a significant decline of 308 points, trading at 22,237. Meanwhile, Nifty Next 50, Midcap, and Smallcap indices have fallen by more than 2%.

Looking at sectoral indices, the Nifty Auto sector has dropped by 3.04%, while the IT sector has declined by 3.63%. Not a single index is trading in the green.

9:45 AM Update

The stock market has experienced another major sell-off today. The Sensex has plunged 974 points to 73,638, while the Nifty has dropped 276 points to 22,268.

Top Losers:

IndusInd Bank (-5.66%)

Tech Mahindra (-4.06%)

Mahindra & Mahindra (-4.16%)

Wipro (-3.80%)

HCL Tech (-3.02%)


Top Gainers:

Coal India

HDFC Bank

Shriram Finance

Grasim


9:25 AM Update

The market opened with a sharp decline today. The Nifty plunged 228 points, trading at 22,316, while the Sensex tumbled 751 points to 73,863.

Top Losers:

IndusInd Bank

Tech Mahindra

Mahindra & Mahindra

Wipro

Tata Steel


Only Coal India, Shriram Finance, and Grasim are showing positive momentum.

Gold also fell face down

On the other hand, gold also saw a sharp decline. MCX gold rates were under pressure during the morning session on Friday. Today, gold futures for April 2025 expiry opened at ₹84,899 per 10 grams and touched an intraday low of ₹84,840 within minutes of the opening bell. Selling pressure was also observed in the international market. The spot gold price is around $2,868 per ounce, while COMEX gold briefly touched around $2,879 per troy ounce, which is approximately 0.50% lower than the previous close.

9:15 AM Share Market Live Updates (28 Feb): The stock market has derailed once again. Today, the market opened with a significant decline. The 30-stock benchmark index of the BSE, Sensex, opened at 74,201 with a loss of 410 points. After opening, it plunged 713 points to reach 73,898. Meanwhile, the NSE’s 50-share benchmark index, Nifty, started the last trading day of February at 22,433, down by 111 points. All Sensex stocks were in the red.

Share Market Live Updates (28 Feb): The impact of a market downturn from the US to Japan is also being felt in the domestic stock market today. Wall Street’s Nasdaq index recorded its deepest one-day percentage drop in a month. Similarly, markets in Japan and South Korea also witnessed declines today (Friday). SGX Nifty was also in the red.

Amid significant fluctuations, the Indian stock market closed in the green on Thursday. The Sensex ended at 74,612.43, up 10.31 points or 0.01%, while the Nifty 50 closed at 22,545.05, gaining 2.50 points or 0.01%.

Wall Street Slumps

The U.S. stock market closed lower on Thursday. Chipmaker Nvidia’s shares fell more than 8%. The Dow Jones Industrial Average declined by 0.45% to 43,239.50, while the S&P 500 dropped 1.59% to close at 5,861.57. The Nasdaq saw a significant decline of 2.78%, ending at 18,544.42.

Gold Prices Fall

Spot gold dropped to $2,879.09 per ounce. Bullion is down nearly 2% for the week, marking its biggest weekly decline since November 25, 2024, and its first weekly drop after eight consecutive gains. U.S. gold futures fell 0.2% to $2,889.60.