Nifty Plunges: Geopolitical Tensions Trigger Sharp Sell-Off, Key Levels in Focus

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CNBC TV18•19-02-2026, 20:21
Nifty Plunges: Geopolitical Tensions Trigger Sharp Sell-Off, Key Levels in Focus
- •Nifty 50 wiped out three days of gains in a single session due to escalating US-Iran geopolitical tensions.
- •The index closed at 25,454, plunging 365 points, marking its weakest close since February 3, 2026.
- •Market capitalization of BSE-listed companies eroded by over ₹7 lakh crore in one day.
- •Experts warn a slide below 25,400 could drag Nifty to 25,100; 200-day moving average is crucial support.
- •Investors await India's Manufacturing/Services PMI, US CPI, and US Q4 GDP data on Friday.
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