Nifty suffered its worst February decline since 2020, dropping 5.9% amid a broad sell-off, primarily in IT, auto, and pharma stocks. The index is down 16% from its peak, marking its longest losing streak since 1996. With March starting on a weak note, hopes are pinned on positive seasonality based on past performance in the final financial month.
Nifty records worst February month since Covid-19 with 6% loss
Nifty suffered its worst February decline since 2020, dropping 5.9% amid a broad sell-off, primarily in IT, auto, and pharma stocks. The index is down
February 28, 2025