Today's Sensex & Nifty: Markets Drop Over 1% as Tech Sell-off Deepens; Nifty Below 25,500

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Markets Plunge Over 1% as Tech Selloff Intensifies; Nifty Below 25,500

Stock Market Live Updates: This week may appear to be a truncated one after the long weekend but it is not by any means. Starting with today's Nifty monthly expiry, the entire week has over 200 results to be reported, eventually culminating with the Union Budget presentation on Sunday, February 1. The Nifty heads into this all important week with 25,000 under threat of being broken again after another ₹16 lakh crore route last week. The index made a low last Friday of 25,025. Multiple moving parts grapple the markets. Geopolitical tensions, weakness in the rupee, lack of clarity over a US trade deal, among others. Stocks related to the EU-India trade agreement will be in focus today, along with multiple earnings reactions, ranging from Kotak Mahindra Bank, Axis Bank, Urban Company among others. Vodafone Idea, It is also an important earnings day with Asian Paints, Vodafone Idea, Tata Consumer, Motilal Oswal among others reporting results today. Watch this space for all the LIVE Updates.

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CNBC TV18•24-02-2026, 15:48

Markets Plunge Over 1% as Tech Selloff Intensifies; Nifty Below 25,500

•Benchmark indices Sensex and Nifty snapped a two-day gaining streak, falling over 1% each.
•Sensex plunged 1,069 points to 82,226, while Nifty fell 288 points to 25,425.
•IT stocks dragged the market down, with Nifty IT index declining for the fifth straight session.
•Tech Mahindra, HCLTech, Eternal, and Infosys were among the top Nifty losers.
•Textile stocks also faced pressure after the government cut RoDTEP incentive by 50%.

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