Stock Market Highlights, Tuesday, February 18, 2025: Benchmark equity indices gyrated in a narrow band, albeit with a negative bias on Tuesday tracking cues from global peers.
The BSE Sensex hit a low at 75,531, but eventually ended with a marginal loss of 29 points at 75,967. The NSE Nifty 50 touched a low of 22,801, and a high of 22,992 before signing off the day at 22,945 - down 14 points.
Power generators
NTPC and Power Grid Corporation were among the top performers among the Sensex 30 shares, gaining up to 3 per cent. Tech Mahindra, Zomato, HCL Technologies and Kotak Mahindra Bank were the other visible movers. On the other hand, IndusInd Bank, Hindustan Unilever, UltraTech Cement, Mahindra & Mahindra and TCS declined 1 - 2 per cent each.
In the broader market, the BSE MidCap index also ended on a flat note; while the BSE SmallCap index declined close to 1.5 per cent. The overall market breadth was negative at 3:1 in favour of the bears - nearly 3,000 stocks declined on the BSE on Tuesday, while 1,000-odd shares gained.
Smallcap stocks were seen underperfoming for yet another trading day. PTC Industries was locked at the 10 per cent lower circuit. Carborundum Universal, Swan Energy, Data Patterns, Redington, Jyoti CNC, Garden Reach Shiphbuilders, CreditAcess Garmin and SPARC were the other major losers - down in the range of 6 - 8 per cent.
The market correction in India since the last few months has seen shares of listed stock brokers on the National stock Exchange (NSE) tumble up to 70 per cent at the bourses. While the Nifty 50 index has lost 9 per cent since September 18, 2024, scrips of most listed stock brokers, too, have felt the heat with counters such as TruCap Finance, Geojit Financial Services, 5Paisa Capital, Prime Securities, SMC Global Securities and Arihant Capital Markets underperformed the frontline index by falling 30 per cent to 70 per cent during this period, shows data from ACE Equity.
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READ MORE  "Stock Market Close Highlights: Sensex ends 29 pts lower, Nifty at 22,945; SmallCaps underperform")
