India, Feb. 28 -- The stock market crashed during the trading session on Friday, with IT, telecom, and auto stocks plummeting the most. The indices closed deep into the red.

The benchmark BSE Sensex closed 1,414.33 points or 1.90% into the red, reaching 73,198.10. The broader NSE Nifty was down by 420.35 points down or 1.86% in the red, reaching 22,124.70.

"The market witnessed a sharp sell-off today, driven by multiple global and domestic factors," said Abhishek Pandya, Research Analyst at StoxBox.

The factors Pandya listed out are as follows:

Among the Sensex stocks, IndusInd Bank fell the most by 7.02%, closing at Rs.972.80. This was followed by Tech Mahindra, which fell 6.38%, closing at Rs.1,486.00, and Bharti Airtel, which fell ...