The domestic equity market closed lower for the eighth consecutive session on February 14, marking its longest losing streak in two years. The decline resulted in significant wealth erosion, bringing the total market capitalization of BSE-listed companies below ₹400 lakh crore for the first time since June 2024.
Weekly Market Overview
The market posted its biggest weekly loss in two months, with investors witnessing a ₹26 lakh crore decline in market capitalization. All sectoral indices ended in the red, reflecting broad-based selling pressure.
The Sensex and Nifty dropped 3% each, while the Midcap Index fell 7%. The Bank Nifty also ended in negative territory, though it managed to outperform the broader market. The worst-hit segments were Small Cap 250 and Micro Cap 250 indices, which lost 10% each during the week.
Out of 50 Nifty stocks, 44 ended in the red, with the advance-decline ratio at 1:6, indicating weak market breadth.
Key Nifty Losers This Week
- Eicher Motors
- Hero MotoCorp
- BEL
- Adani Enterprises
- M&M
Midcap Stocks That Declined
- Deepak Nitrite
- Delhivery
- Manappuram Finance
- Westlife Foodworld
Market Closing on February 16
- Sensex: 75,939.21
- Nifty: 22,929.25
- Bank Nifty: 49,099.45
- Midcap Nifty: 11,090.05
With sentiment turning cautious and selling pressure continuing across sectors, investors will be closely watching market trends in the coming week.
Check out our video on market fall this week:
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