Indian stock indices faced a severe sell-off, with the Nifty 50 closing at 25,179, down 1.25%, and the Sensex at 81,287. Over ₹5 lakh crore of wealth was lost, primarily impacting Adani Enterprises, Maruti Suzuki, and Bharti Airtel. Foreign institutional investors withdrew ₹4,000 crore, raising concerns for future performance.

The Indian market is showing a sharp divide in late February. While the Nifty IT index has hit a 30-month