Sensex Finishes in the Red, Posts Monthly Loss
2026-02-27 11:34
By
Luisa Carvalho
1 min. read
India's BSE Sensex extended early losses to close about 1.2% down at 81,287 on Friday, the lowest since early February, marking the second session of declines.
Market sentiment remained subdued, driven by renewed foreign fund selling and market nervousness over stalled US–Iran nuclear negotiations.
Selling was broad-based, driven by sustained profit booking in financials, autos, and select consumption stocks, even as IT counters lent modest support.
On the macro front, the attention was on the release of domestic GDP figures and inflation data from the US.
Private banking majors bore the brunt of the decline.
ICICI Bank fell 1.9%, Kotak Mahindra Bank dropped 1.9% and HDFC Bank slipped 1.3%.
State-run lender State Bank of India also shed 0.6%.
Auto companies Maruti Suzuki and Mahindra & Mahindra fell 2.5% and 2.3% , respectively.
Among IT names, Infosys and HCL Technologies gained 0.8% each, while TCS fell by 0.3%.
The index posted a weekly losses of 1.8% and a monthly decline of 1.2%.