Indian stock market faces significant headwinds as geopolitical tensions escalate. Sensex declined 961.42 points or 1.17 percent to close at 81,287.19, while Nifty fell 317.90 points or 1.25 percent to 25,178.65 on February 27. Foreign Institutional Investors pulled out Rs 3,465.99 crore, citing concerns over stalled US-Iran nuclear talks and rising Middle East risks. Domestic investors provided some support, purchasing Rs 5,031.57 crore worth of equities. Among major laggards were Sun Pharma, Bharti Airtel, Bajaj Finserv, and Maruti, while HCL Tech and Infosys managed gains. The rupee weakened by 11 paise against the dollar. Market experts warn that geopolitical uncertainties and foreign fund outflows could continue pressuring indices in coming sessions.
