Sensex, Nifty singed at the end of a fiery February

Indian equities closed February on a weaker note as the Sensex and Nifty slipped, led by a sharp drop in IT shares amid concerns about AI-driven disruptions. Foreign institutional buyers returned, but domestic institutional purchases slowed. Geopolitical tensions and rich valuations kept risk sentiment under pressure, with analysts forecasting a continued uneasy tone in the near term.