Market Wrap: Tariff jitters shake Dalal Street; Sensex plunges 1,069 pts; Nifty closes at 25,425 February 24, 2026 – Closing Bell

Indian equities logged their steepest decline in four sessions on Tuesday, dragged lower by

, & Toubro, and heavy selling in IT counters. Fresh tariff concerns from U.S. President Donald Trump dampened investor sentiment. Sensex dropped 1,068.74 points (-1.28%) to 82,225.92 Over the weekend, Trump announced new 15% temporary global tariffs and cautioned trade partners against withdrawing from recently negotiated agreements, despite a U.S. Supreme Court ruling declaring earlier tariffs unlawful. Broader Market Mid- and small-cap segments showed relative resilience compared to benchmarks: Nifty MidCap ▼ 0.32% Nifty SmallCap ▼ 0.55% Sectoral Performance Nifty IT emerged as the worst performer, sliding 4.74% to 30,053.50 after touching a two-year low intraday. Nifty Realty declined 2.54%. Nifty Metal bucked the trend and outperformed. BS Manthan 2026 Insight At BS Manthan 2026, Christopher Wood of Jefferies noted that the AI-led rally, which has powered U.S. markets, may face increased scrutiny this year, signaling potential shifts in global equity leadership. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.