
Trader Pulse By Vishal
February 28, 2025 at 11:58 AM
*28th February, 2025*
‼️ *Trader Pulse By Vishal* ‼️
The Indian stock market experienced a *significant downturn* today, with both the Sensex and Nifty indices closing sharply lower.
Investors waiting for GDP data while *Trump’s tariff talk* added to the chaos!
*Major Indices Performance:*
* *NIFTY 50:*📉 Decreased by 1.86%, closing at 22,124.
* *SENSEX:*📉 Fell by 1.89%, ending at 73,198.
* *BANK NIFTY:*📉 Dropped by 0.82%, settling at 48,344.
* *NIFTY MIDCAP:*📉 Fell by 2.49%, reaching 47,915.
* *NIFTY SMALLCAP:* 📉 Decreased by 3.01%, closing at 14,700.
*Major Sectoral Performance:*
* *Gainers:* None of the sectors were in green for the day.
* *Losers:* Nifty IT and Nifty Auto plunging over 4% and 3.9%, respectively. All sectoral indices closed negative, reflecting broad-based selling across financials, pharma, FMCG, and metals.
🗞️ *Major news headlines of the day:*
* *Adani Group* plans to manage retail operations at its eight airports, aiming to enhance passenger experience and increase revenue. The company will oversee shopping, dining, and entertainment spaces, optimizing commercial potential.
* *TVS Motor* Company has introduced two new three-wheeler models in Oaxaca, Mexico. This launch is part of TVS Motor's strategy to expand its presence in the Latin American market.
* *Power Finance Corporation (PFC)* has signed an agreement to provide ₹26,800 crore in financing to Madhya Pradesh's power utilities. This funding will support infrastructure projects, including new thermal units and solar power plants.
* *Adani Green Energy* Limited (AGEL) has achieved a significant milestone by surpassing 12,000 megawatts of operational renewable energy capacity, becoming *India's first* renewable energy company to reach this level.
* *Angel One* , an Indian stock brokerage firm, announced that some of its Amazon Web Services (AWS) resources were compromised. The company has engaged an external forensic partner to assess the impact
* *Coal India's* stock increased after its subsidiary, Northern Coalfields Ltd (NCL), announced a "Singrauli Punarasthapan (rejuvenation) Charge" on coal dispatches, effective May 1, 2025. This move aims to boost revenue and support mine rehabilitation efforts.
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*Note:* This post is just for educational purposes and not a buy/sell recommendation.