Stock Market Crashes: Realty, IT, Telecom & Media Stocks Drop Sharply – Nifty & Sensex Fall
Date: 24-feb-2025
Indian Stock Market Plunges as Realty, IT, Telecom, and Media Stocks Tumble
The Indian stock market opened in deep red on February 24, 2025, with Sensex and Nifty falling sharply due to broad-based sectoral weakness. Real estate, IT, telecom, and media stocks suffered the most significant losses, triggering investor concerns over market volatility.
Stock Market Opening Performance
1. Sensex and Nifty Decline Early Morning
- The BSE Sensex dropped by 536.17 points (0.71%), reaching 74,774.89 at 9:20 AM IST.
- The NSE Nifty fell by 161.80 points (0.71%), standing at 22,634.10.
2. Sectoral Losses – Which Stocks Fell the Most?
- Real Estate Stocks: The Nifty Realty Index was down 2.21%, falling to 825.80.
- IT & Telecom Stocks: The Nifty Midsmall IT & Telecom Index declined 2.04%, standing at 9,280.55.
- Media Stocks: The Nifty Media Index dropped 1.73%, settling at 1,466.55.
Biggest Stock Losers – Key Companies Hit by Market Fall
Several large-cap and mid-cap stocks suffered heavy losses, particularly in the technology, telecom, and real estate sectors.
Top Declining Stocks:
- Zomato: Shares dropped 2.04%, trading at ₹225.55.
- HCL Technologies: Fell 1.52%, reaching ₹1,674.95.
- Power Grid Corporation of India: Down 1.38%, trading at ₹258.15.
- DLF: Realty giant fell 2.5%, dropping to ₹632.40.
Why Did the Indian Stock Market Crash Today?
Several key factors contributed to the market downturn, causing investors to turn cautious.
1. Foreign Institutional Investor (FII) Selling Pressure
- FIIs have offloaded over ₹2 lakh crore in Indian equities since October 2024.
- This aggressive selling has drained liquidity from the market.
2. Weak Global Cues & Economic Slowdown Concerns
- Global markets are witnessing bearish trends due to inflation worries and slowing economic growth.
- Analysts predict a 10-15% correction in global markets, affecting emerging economies like India.
3. Sector-Specific Challenges
- Real Estate: Rising interest rates and construction costs are slowing property demand.
- IT Sector: Global IT spending is declining, impacting Indian tech stocks.
- Telecom: Pricing pressure and regulatory uncertainties are hitting telecom stocks.
Expert Analysis – What’s Next for the Stock Market?
Market experts believe that the current downtrend may continue in the short term but expect long-term recovery opportunities.
Stock Market Outlook:
- Near-Term Caution: Investors should expect more volatility before stability returns.
- FII Influence: A reversal in FII selling could stabilize markets.
- Defensive Sectors to Watch: Pharma and FMCG stocks may outperform in volatile markets.
Investor Strategy – How to Handle Market Volatility?
Given the stock market correction, investors should focus on risk management and smart portfolio allocation.
Key Investment Strategies:
- Avoid panic selling – Market corrections are normal.
- Diversify portfolios – Focus on stable sectors like FMCG, pharma, and gold ETFs.
- Monitor FII activity – Any reversal in FII selling could boost market confidence.
- Wait for buying opportunities – Corrections provide a chance to accumulate quality stocks.
Final Thoughts – Market Recovery in Sight?
The stock market crash has shaken investors, but experts believe a recovery is possible in the coming weeks if global and domestic conditions stabilize. Investors are advised to stay informed and adopt a disciplined approach to avoid making hasty decisions.
