Stock Market today, Feb. 28 -- The midcap segment of the Indian stock market has been facing intense selling pressure since the beginning of 2025, with February continuing the downtrend. The Nifty Midcap index recorded an 11 percent decline in February after falling 6 percent in January. This marks its worst monthly performance in nearly five years, since March 2020, when the index had plunged over 30 percent.

In intra-day trading on Friday, the Nifty Midcap index dropped over 1,650 points, or 3.3 percent, amid a broader market selloff. Meanwhile, benchmark indices Nifty 50 and Sensex also shed nearly 2 percent during the session.

The correction in midcap stocks has been driven by lofty valuations and sluggish corporate earnings in the ...