Stock Market Close Highlights: Sensex ends 29 pts lower, Nifty at 22,945; SmallCaps underperform

Stock Market Highlights: The BSE Sensex closed at 75,967.39, down 29.47 points or 0.04 per cent from its previous close on Tuesday. NTPC, Zomato, Power Grid and Tech Mahindra were the top gainers.

3:58 PM

Stock Market LIVE Updates: Expert view

Stock Market LIVE Updates: The domestic market has experienced both profit booking and bottom-fishing amid persistent concerns over FII outflows and pressure on the INR. Small and mid-cap stocks continue to lag due to apprehensions about premium valuations. Meanwhile, India’s trade deficit has widened beyond expectations, driven by rising imports due to depreciating domestic currency and surging commodity prices. Currently investors are exploring bargain-hunting opportunities due to deep correction in price, but modest earnings growth and global uncertainties are constraining momentum.

View by Vinod Nair, head of research, Geojit Financial Services.

3:55 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Markets ended a tad lower in a sluggish trading session as caution prevailed amongst the investors amid rising foreign fund outflows and falling rupee. Gains in IT, power, oil & gas, and metal stocks helped the market almost erase all its losses. However, expensive valuation concerns and dismal earnings season continued to plunder small cap stocks.

View by Prashanth Tapse, senior VP (research), Mehta Equities.

3:47 PM

Stock Market LIVE Updates: Here's a look at Nifty gainers and loser at close

Stock Market LIVE Updates: NTPC, Tech Mahindra, Wipro were the top gainers on Nifty50. IndusInd Bank, Trent, BEL were among the top losers. 

3:45 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and loser at close

Stock Market LIVE Updates: NTPC, Zomato, Tech Mahindra were the top winners on Sensex. Conversely, M&M, IndusInd Bank, UltraTech Cement were the top laggards. 

3:43 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices end in red. BSE Midcap down 0.19 per cent and Smallcap down 1.71 per cent at close. 

3:41 PM

Stock Market LIVE Updates: Sensex settles at 75,967.39, down 29.47 pts or 0.04%

Stock Market LIVE Updates: BSE Sensex settled 29.47 points or 0.04 per cent lower at 75,967.39. The index made an intraday high at 76,091.69 and low at 76,091.69.

 

3:35 PM

Stock Market LIVE Updates: Nifty closes at 22,945.30, down 14.2 pts or 0.06%

Stock Market LIVE Updates: National Stock Exchange (NSE) Nifty50 settled 14.2 points or 0.06 per cent lower at 22,945.30. The index made an intraday high at 22,992.50 and low at 22,801.5.

3:28 PM

Stock Market LIVE Updates: NTPC share price advances 3% on nuclear power expansion news; details here

Stock Market LIVE Updates: Shares of state-owned power generation company NTPC were buzzing in trade in an otherwise weak market on Tuesday, February 18, 2025. NTPC shares advanced 2.77 per cent to Rs 311.05 per share on the National Stock Exchange (NSE) during intra-day trade on Tuesday.

 

The northward movement in the share price came following the news that the Maharatna company is looking to build 30 gigawatts of nuclear power capacity over the next two decades. According to a Reuters report, this is three times more than expected, at a cost of $62 billion. Read more

3:24 PM

Stock Market LIVE Updates: Hindustan Aeronautics drops 5% as Maharatna stock turns ex-dividend today

Stock Market LIVE Updates: Shares of state-owned aerospace and defense company Hindustan Aeronautics (HAL) dropped 4.96 per cent to today's low of Rs 3,303 apiece on the National Stock Exchange (NSE) during intra-day trade on Tuesday, February 18, 2025. The fall in the 'Maharatna' company's share price aligns with its announcement of an interim dividend for its shareholders.

 

Data available on the exchanges reveals that the state-owned company has announced its first interim dividend of Rs 25 per equity share, with a face value of Rs 5 each, fully paid up (500 percent) for the Financial Year 2024-25. Notably, HAL shares trade ex-dividend date today. Read more 

3:18 PM

Stock Market LIVE Updates: BHEL share price slipped 5%, hit 52-week low

Stock Market LIVE Updates: State-owned Bharat Heavy Electricals Limited (BHEL) shares were under pressure on Tuesday, February 18, 2025, as the stock price dropped as much as 5.09 per cent to hit a fresh 52-week low of Rs 183.60 per share. 

 

The downfall in the BHEL share price came after the company announced that an arbitration has been initiated against the company for a claim and interest by Ducon Technologies Inc., USA. Read more 

3:10 PM

Stock Market LIVE Updates: Gillette India shares soar 18% ahead of record date for interim dividend

Stock Market LIVE Updates: Gillette India share price was soaring in stock market trade today, February 18, 2025. The stock hit an intraday high of Rs 8,790.75 per share, surging 17.9 per cent on the BSE. By comparison, the benchmark Sensex index was down 0.1 per cent at 2:00 PM.

 

The rally in Gillette India share came ahead of the stock’s ex-record date for interim dividend for the financial year 2024-25 (FY25). Read more 

 

3:02 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50 are trading flat on Tuesday, amid mixed global cues.

At 3 PM, the BSE Sensex was higher by 30.85 points, or 0.04 per cent, at 76,027.71, and the Nifty50 was at 22,967.15, higher by 7.65 points, or 0.03 per cent.

 

2:58 PM

Stock Market LIVE Updates: At $3.8 trillion, India's top 500 pvt cos value more than the country's GDP

Stock Market LIVE Updates: India's 500 most valuable non-state run companies' cumulative value at Rs 324 trillion, or $3.8 trillion in 2024 was higher than India's gross domestic product (GDP) for 2023, which according to estimates stood at $3.5 trillion, reveals Axis Bank’s Burgundy Private and Hurun India release.

India’s most valuable companies in the 2024 Burgundy Private Hurun India 500, the release said, have a cumulative value of $3.8 trillion (Rs 324 trillion, up 40 per cent), which is higher than the GDP of India and the combined GDPs of UAE, Indonesia, and Spain. READ MORE

 

 

2:45 PM

Stock Market LIVE Updates: Bandhan Bank hits life-time low, stock down 80% in 5 years; Time to buy?

Stock Market LIVE Updates: Bandhan Bank stock has experienced a significant decline, dropping nearly 80 per cent from its record high of ₹628 in October 2019 to a new all-time low of ₹128.15 today. Over the past 5.5 years, the stock has been one of the most consistent underperformers on the BSE and NSE.

So far this year, the stock has fallen over 19 per cent, compared to a nearly 3 per cent decline in the benchmark indices - the Sensex and the Nifty.

In the recently concluded December 2024 quarter, Bandhan Bank reported a 41.8 per cent decline in net profit to ₹426.49 crore, compared to ₹732.72 crore in the corresponding quarter of December 2023. However, total income increased by 26.2 per cent year-on-year (YoY) to ₹6,574.58 crore.

Following the Q3 results, brokerage firm Motilal Oswal revised downwards its earnings expectations for Bandhan Bank by 10.3 per cent for FY25, and by 8.5 per cent and 7.1 per cent for FY26 and FY27, respectively. READ MORE
 

2:34 PM

Stock Market LIVE Updates: RIL arm wins PLI order for 10 GWh battery cell capacity; stock off lows

Stock Market LIVE Updates: Reliance Industries shares were buzzing in trade on Tuesday, February 18, 2025. The stock erased losses after the Government announced an agreement with Reliance New Energy Battery Limited, a subsidiary of RIL, for advanced chemistry cell (ACC).

In a press release, the Press Information Bureau (PIB) stated that the Ministry of Heavy Industries (MHI), Government of India, has signed a Programme Agreement with Reliance New Energy Battery Limited under the Production Linked Incentive (PLI) scheme for ACC.

“This agreement awards Reliance New Energy Battery Limited a 10 GWh ACC capacity and makes it eligible to receive incentives under India's ₹18,100 crore PLI ACC scheme,” the statement said. READ MORE

2:24 PM

Stock Market LIVE Updates: Nuvama says 'Buy' ACC, Ambuja, JK Cement as sector sentiment improves

Stock Market LIVE Updates: The December quarter of FY25 (Q3FY25) for the cement sector showed mixed results, with industry volumes experiencing mid-single-digit year-on-year (YoY) growth, while prices remained largely stable quarter-on-quarter (QoQ), according to analysts at Nuvama.

Ebitda per tonne improved approximately 15 per cent QoQ to ₹743 (across 15 major companies), driven by easing fuel costs and reduced other expenses from operational efficiencies.

Looking ahead, analysts expect Q4FY25 to demonstrate better volume growth than the first nine months, supported by increased government infrastructure spending, pent-up demand, and a boost in real estate launches.
 

Analysts believe that the softening of fuel prices (with a lag effect) and cost efficiency measures implemented by companies will help mitigate the adverse effects of weak YoY realisations due to heightened competitive intensity. READ MORE

 

2:11 PM

Stock Market LIVE Updates: Karnataka Bank hits 52-week low on finding deficiencies in reconciliation

Stock Market LIVE Updates: Karnataka Bank shares fell 2.5 per cent in trading on Tuesday, February 18, 2025, reaching a 52-week low of ₹169.5 per share on the BSE. The stock decline followed the bank's identification of deficiencies in the reconciliation process during its review of suspicious UPI Global transactions.

As of 12:23 PM, Karnataka Bank's share price was down 2.56 per cent at ₹169.5 per share on the BSE, while the BSE Sensex was down 0.37 per cent at 75,718.93. The company's market capitalization stood at ₹6,405.62 crore, with a 52-week high of ₹259.4 per share.

The private sector bank estimated the loss amount at ₹18.57 crore, with an impact of ₹18.87 crore. On February 17, 2025, Karnataka Bank informed the Reserve Bank of India (RBI) about the issue and will take necessary actions to recover the amount involved. Additionally, the bank has implemented additional control processes to prevent recurrence, according to the filing. READ MORE

 

2:01 PM

Stock Market LIVE Updates: Last Day! Quality Power IPO ends today; 100% subscription, GMP turns flat

Stock Market LIVE Updates: Quality Power Electrical Equipment's initial public offering (IPO), which opened for public subscription on February 14, 2025, is set to conclude today, February 18. Subscription data available on the NSE suggests that the public offering has received a muted response from investors. The public offering has, however, been fully subscribed with garnering bids for 1,11,62,034 equity shares against 1,11,12,530 on offer by around 01:15 PM on Tuesday. READ MORE

1:47 PM

Stock Market LIVE Updates: IPO Rush: Hero Fincorp, LG Electronics, 64 others aim for D-street debut

Stock Market LIVE Updates: The Indian primary markets, which have already witnessed the D-Street debut of 8 mainline offerings in 2025, raising nearly Rs 6,275 crore, are expected to maintain strong activity throughout the year. A total of 66 companies have submitted applications for Initial Public Offerings (IPOs), with several highly anticipated offerings awaiting approval from the capital market regulator, the Securities and Exchange Board of India (Sebi). READ MORE

1:32 PM

Stock Market LIVE Updates: Quality Power IPO fully booked on last day; GMP flat

Stock Market LIVE Updates: Quality Power Electrical Equipment's initial public offering (IPO), which opened for public subscription on February 14, 2025, is set to conclude today, February 18. Subscription data available on the NSE suggests that the public offering has received a muted response from investors. The public offering has, however, been fully subscribed with garnering bids for 1,11,62,034 equity shares against 1,11,12,530 on offer by around 01:15 PM on Tuesday. READ MORE

 

1:29 PM

Stock Market LIVE Updates: Stocks of listed brokers, asset managers dip up to 70% amid market crash

Stock Market LIVE Updates: The recent market correction in India has significantly impacted shares of listed stock brokers on the National Stock Exchange (NSE), with some stocks plummeting up to 70 per cent.

Since September 18, 2024, the Nifty 50 index has lost 9 per cent, and many listed stock brokers have fared even worse. Stocks like TruCap Finance, Geojit Financial Services, 5Paisa Capital, Prime Securities, SMC Global Securities, and Arihant Capital Markets have underperformed the benchmark index, falling between 30 per cent and 70 per cent during this period, according to data from ACE Equity.

Independent market analyst A K Prabhakar explained that the fortunes of stock brokers and asset managers are closely tied to the primary and secondary markets. In a declining market, cash and futures & options (F&O) volumes tend to decrease, and defaults can occur due to challenges in covering margin trading facilities (MTF). READ MORE

 

1:17 PM

Stock Market LIVE Updates: DLF, Sobha, Mah Life: Nifty Realty faces 24 per cent downside risk; key levels here

Stock Market LIVE Updates: The Nifty Realty index has experienced a significant decline over the past two months, dropping 29 per cent from its peak of 1,137.50 on December 17, 2024, to around 826 levels. It has also shed 10.5 per cent so far in February.

Technically, the index is trading below key moving averages on the daily scale and is testing its 100-WMA (Weekly Moving Average) for the first time since April 2023, which stands around 816 levels.

In April 2023, after breaking above the 100-WMA, the Nifty Realty index saw a remarkable bull run, rallying as much as 162 per cent.
 

Could a downside breakout trigger a dramatic fall in the Nifty Realty? Here's what the technical charts suggest. READ MORE

 

1:01 PM

Stock Market LIVE Updates: 1 PM market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50 were trading lower on Tuesday, amid mixed global cues.

At 1 PM, the BSE Sensex was lower by 273.26 points, or 0.36 per cent, at 75,723.60, and the Nifty50 was at 22,85.90, lower by 101.60 points, or 0.44 per cent.

 

12:55 PM

Stock Market LIVE Updates: This penny stock hit 10% upper circuit on bonus issue record date; details

Stock Market LIVE Updates: Gujarat Toolroom's share price was locked in its upper circuit today, February 18, 2025. At 11:00 AM, the penny stock was at ₹2.24 per share, up 9.8% on the BSE, compared to a 0.33% decline in the benchmark Sensex index.

Approximately 1.24 million shares have changed hands on the BSE so far.
 

The rally in Gujarat Toolroom's share price coincides with the stock's record date for a bonus issue. According to the company's stock exchange filing, the Board has fixed Tuesday, February 18, 2025, as the 'Record Date' to determine the eligibility of shareholders entitled to receive Bonus Equity Shares of the company. READ MORE

 

12:45 PM

Stock Market LIVE Updates: Zaggle ties up with Google, Redington to design employee benefit solutions

Stock Market LIVE Updates: Zaggle Prepaid Ocean Services today informed that it has signed a 'Strategic Partnership Agreement' with Google and Redington to co-create an employee benefits solution, which will be offered to Zaggle's corporate clients.

The company, in an exchange filing, said, "Google (via Redington) will partner with Zaggle & co-create an employee benefits solution which will be offered to Zaggle's corporate clients".

 

12:38 PM

Stock Market LIVE Updates: Why Carborundum Universal shares hit 52-week low; fell 10% in 3 days?

Stock Market LIVE Updates: Carborundum Universal shares fell 6.8 per cent in trading on Tuesday, February 18, 2025, hitting a 52-week low of ₹912.9 per share on the BSE. This marked the third consecutive session of decline following the company's Q3 results announcement on February 13, 2025. Over three days, the stock has lost more than 10 per cent.

At around 11:17 AM, Carborundum Universal's share price was down 4.75 per cent at ₹933.4 per share on the BSE, while the BSE Sensex declined by 0.46 per cent to 75,646.51.

On Thursday, February 13, 2025, Carborundum reported its third-quarter results after market hours. The company recorded a net profit of ₹34.78 crore for Q3, down 69 per cent from ₹111.3 crore a year ago. Its revenue for the quarter under review increased by 11 per cent to ₹1,255.45 crore, compared to ₹1,130.46 crore a year ago. READ MORE

12:32 PM

Stock Market LIVE Updates: Husband liable for wife's stock market debt under oral agreement, says SC

Stock Market LIVE Updates: Last week, the Supreme Court ruled that a husband can be held jointly and severally responsible for his wife’s stock market liabilities based on an oral agreement. This ruling came in the case of AC Choksi Share Broker vs Jatin Pratap Desai.

The judgment highlights that the arbitral tribunal has the authority to exercise jurisdiction over the husband, citing Bye-law 248(a) of the Bombay Stock Exchange (BSE) Byelaws, 1957.
 

The court stated, “First, by interpreting Bye-law 248(a) of the Bombay Stock Exchange Byelaws, 1957, which provides for arbitration between members and non-members of the BSE, and considering the nature of respondent no. 1’s (husband's) involvement in transactions conducted in respondent no. 2’s (wife's) account, we have held that an oral contract undertaking joint and several liability falls within the scope of the arbitration clause and the arbitral tribunal could exercise jurisdiction over respondent no. 1.” READ MORE
 

 

12:24 PM

Stock Market LIVE Updates: This Mukul Agarwal portfolio stock has tanked 49% thus far in February

Stock Market LIVE Updates: Shares of WPIL continued to face pressure, falling 8 per cent to ₹356.65 on the BSE during Tuesday's intraday trade amid heavy volumes. The stock has been declining for the sixth consecutive trading day, dropping 42 per cent after the company reported weak numbers for the quarter ended December 2024 (Q3FY25).

So far in February, the stock has tanked 49 per cent from its level of ₹700 on February 1, 2025. The stock had reached a record high of ₹768 on January 8, 2025. At 11:04 AM today, WPIL was trading 6 per cent lower at ₹362.95, compared to a 0.43 per cent decline in the BSE Sensex.

In the previous two calendar years, WPIL had surged over 90 per cent. In 2024, the stock surged 93 per cent, while in 2023, it skyrocketed 224 per cent.

Investor Mukul Mahavir Agarwal held 1.4 million equity shares, representing a 1.43 per cent stake in WPIL at the end of December 2024, as per shareholding pattern data on the bourses. READ MORE

 

12:18 PM

Stock Market LIVE Updates: ABB India launches new range of flameproof motors for use in hazardous environments

Stock Market LIVE Updates: ABB India today informed about the launch of its latest range of flameproof motors, meant as a safe choice in potentially explosive environments. 

The company, in an exchange filing, said, the motors have been designed for use in industries such as Oil & Gas, Chemicals, Pharma, and Food & Beverage, where the presence of hazardous gases make safety and reliability a top priority. 

It added that the motors have power ratings ranging from 37kW to 500kW, and they are available in frame sizes 280- 355 and are certified for use in gas groups IIA, IIB, and IIC. 

Its advanced flameproof design includes pressure-tested enclosures capable of withstanding high pressure, preventing flame propagation in the event of an internal explosion, it said. 

 

12:11 PM

Stock Market LIVE Updates: IPO Alert! CIEL HR Services gets final observations from Sebi; details

Stock Market LIVE Updates: Technology-driven human resources solutions provider, CIEL HR Services, is all set to go public as it has received the final observations to raise funds through an initial public offering (IPO) from the market regulator, the Securities and Exchange Board of India (Sebi). The company had filed its Draft Red Herring Prospectus (DRHP) with the market regulator on November 21, 2024.

 

As investors await further developments, here are the key details of the proposed CIEL HR Services IPO, taken from the DRHP. READ MORE