Stock Market Highlights: Sensex, Nifty end flat for 3rd day; Infy, TCS slip 2%; SmallCap rises 2%

Stock Market Highlights: Smallcap shares outperformed the benchmarks as well as others in the broader markets, with the Nifty Smallcap100 index ending higher by 2.36 per cent

3:57 PM

Stock Market LIVE Updates: Expert view

Stock Market LIVE Updates: While markets ended flat with a slightly negative bias due to selling in IT stocks, broader markets witnessed a lot of optimism as mid & small-cap stocks rallied after the recent selloff. Despite the uncertainty over rising FII selling, falling rupee, and the ongoing tariff war, the recently beaten sectoral stocks from banking, automobile, telecom, metals attracted significant buying interest.

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

3:53 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The national benchmarks exhibited a range-bound performance with a slight downward bias, though selective buying in the broader market was evident, driven by bargain hunting in beaten-down stocks. A reversal in FII flows also influenced market dynamics; however, the durability of this trend remains uncertain. Despite concerns over potential US tariff impositions and delays in anticipated interest rate cuts, market sentiment remains optimistic about a rebound in India’s Q3 GDP growth. This optimism is further bolstered by expectations of a recovery in government expenditure. At this juncture, large-cap stocks present a more attractive risk-reward proposition, given their fair valuations.

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

3:43 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices gained in trade. BSE Midcap closed up 1.3 per cent and Smallcap was closed 2.41 per cent. 

3:41 PM

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

Stock Market LIVE Updates: Infosys, TCS, HUL were among the top losers on Sensex. Conversely, Zomato, Axis Bank, L&T were among the top winners.

 

3:39 PM

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

Stock Market LIVE Updates: TCS, Infosys, Dr Reddy's Laboratories were among the top losers on Nifty50. Conversely, BEL, Hindalco, Eicher Motors were among the top gainers. 

 

3:37 PM

Stock Market LIVE Updates: Nifty finishes flat with a negative bias at 22,932.9

Stock Market LIVE Updates: National Stock Exchange (NSE) Nifty50 settled at  22,932.9, 12.40 points or 0.05 per cent lower. 

3:35 PM

Stock Market LIVE Updates: Sensex closes at 75,939.18, down 28.21 pts or 0.04 per cent.

Stock Market LIVE Updates: BSE Sensex, the 30-share barometer, closed 28.21 pts or 0.04 per cent lower at 75,939.18. 

3:27 PM

Stock Market LIVE Updates: Bikaji Foods surges 20%; stock up 31% from Tuesday's low

Stock Market LIVE Updates: Shares of Bikaji Foods International (Bikaji) moved higher by 20 per cent to Rs 679 on the BSE in Wednesday’s intra-day trade backed by heavy volumes. The stock of packaged foods company bounced back 31 per cent from its low of Rs 520, which was touched in Tuesday’s intra-day deals. 

 

In the past eight trading days, between February 6 and February 18, the stock corrected 29 per cent. It had hit a record high of Rs 1,005 on September 27, 2024. Read more 

3:18 PM

Stock Market LIVE Updates: Broader mkt stages recovery; Nifty SmallCap, MidCap indices rally up to 3%

Stock Market LIVE Updates: After a period of heavy correction in the recent past, the Nifty MidCap and SmallCap indices saw a slight recovery on Wednesday, February 19, 2025.

 

The Nifty SmallCap index surged 2.70 per cent, or 410.7 points, to hit an intraday high of 15,579.15. Similarly, the Nifty MidCap index increased 1.72 per cent, or 857.8 points, to an intraday high of 50,609.25. Read more 

 

3:08 PM

Stock Market LIVE Updates: Hindustan Unilever stock hits 9-month low; slips 26% from September high

Stock Market LIVE Updates: Shares of fast moving consumer goods (FMCG) company, Hindustan Unilever (HUL) hit an over nine-month low at Rs 2,247.20, down 2 per cent on the BSE in Wednesday’s intra-day trade amid concerns of moderate growth in the near term. The company’s underlying volume growth was flat in the December 2024 quarter (Q3FY25).

 

HUL was trading at its lowest level since May 6, 2024. It has plunged 26 per cent from its 52-week high of Rs 3,034.50 touched on September 23, 2024. In the past six months, HUL was down 18 per cent, as compared to 5.5 per cent decline in the BSE Sensex and 16 per cent drop in the BSE FMCG index. Read more 

3:01 PM

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

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

At 3 PM, the BSE Sensex was marginally lower by 49.72 points, or 0.07 per cent, at 75,917.67, and the Nifty50 was at 22,920, lower by 25.30 points, or 0.11 per cent.

 

2:56 PM

Stock Market LIVE Updates: Nava Ltd: Smallcap co announces share buyback at 32 per cent premium; stock up 13%

Stock Market LIVE Updates: Shares of smallcap stock Nava Ltd soared by 12.5 per cent on the BSE during Wednesday's trading session, hitting an intraday high of Rs 426.05 per share. By 1:50 PM, the shares were up 12 per cent at Rs 424 per share. In comparison, the benchmark Sensex was volatile and had risen by only 0.02 per cent at the time of this report.

 

The surge in Nava Ltd's share price followed the company's announcement of a share buyback. In a meeting held today, February 19, 2025, the Board of Nava Ltd approved a share buyback plan via the tender offer route.

According to the company, Nava Ltd will buy back up to 72,00,000 fully paid-up equity shares of face value Re 1 each, representing up to 2.48 per cent of the total number of equity shares, at a price of Rs 500 per equity share. READ MORE

 

 

2:49 PM

Stock Market LIVE Updates: Broader mkts stages recovery; Nifty SmallCap, MidCap indices rally up to 3%

Stock Market LIVE Updates: After a period of significant correction, the Nifty MidCap and SmallCap indices experienced a modest recovery on Wednesday, February 19, 2025.

The Nifty SmallCap index surged by 2.70 per cent, or 410.7 points, reaching an intraday high of 15,579.15. Similarly, the Nifty MidCap index rose by 1.72 per cent, or 857.8 points, to an intraday high of 50,609.25.
 

Within the Nifty SmallCap 100 index, 80 stocks were in the green, 19 were in the red, and 1 remained flat at the time of this report. Among individual stocks, Aegis Logistics led the way with a nearly 12 per cent rise, followed by GRSE (11 per cent), Data Patterns (8 per cent), Jupiter Wagons (7.5 per cent), Redington (7 per cent), and Ircon International (7 per cent). READ MORE

 

2:42 PM

Stock Market LIVE Updates: Adani stocks crack up to 5 per cent as US SEC seeks India's help in bribery case

Stock Market LIVE Updates: Adani stocks faced significant selling pressure on Wednesday, February 19, 2025, as the US Securities and Exchange Commission (SEC) expanded its investigation into an alleged bribery case involving the Adani Group.

On the BSE, Adani Enterprises' share price fell 4.3 per cent intraday to a low of Rs 2,123.95 per share. Adani Green Energy saw a 4.2 per cent drop, Adani Ports declined by 2.6 per cent, Adani Power decreased by 2.5 per cent, Adani Energy Solutions slipped 2.4 per cent, Adani Total Gas was down 2.4 per cent, and Adani Wilmar also fell 2.4 per cent. Meanwhile, Ambuja Cement dropped 2.4 per cent, and NDTV remained flat.

By 11:55 AM, most Adani Group stocks had rebounded slightly, against a 0.24 per cent rise in the benchmark BSE Sensex index.

Reuters reported that the US SEC has requested assistance from the Indian Government in its investigation into Adani Group Chairman Gautam Adani and his nephew, Sagar Adani, regarding an alleged $265-million bribery case. READ MORE

 

2:36 PM

Stock Market LIVE Updates: GDP growth during current fiscal estimated to be 6.3 per cent: SBI research

Stock Market LIVE Updates: The State Bank of India (SBI) has estimated a GDP growth of 6.3 per cent for the current financial year (2024-25), assuming the NSO does not make significant revisions to the initial estimates for the first and second quarters.

The report, which leverages 36 high-frequency indicators, suggests that GDP growth for the third quarter of this financial year should range between 6.2 per cent and 6.3 per cent.
 

According to the National Statistics Office (NSO), the projected real and nominal GDP growth rates for 2024-25 are 6.4 per cent and 9.7 per cent, respectively.

The report also highlights that a robust rural economy is reinforcing stability and maintaining momentum in other sectors. READ MORE

2:27 PM

Stock Market LIVE Updates: These 5 stocks from Dolly Khanna portfolio can bounce back upto 18 per cent: charts

Stock Market LIVE Updates: Despite the general market downtrend this year, with the BSE Sensex and the NSE Nifty each declining around 3 per cent, the impact has been harsher on broader indices. The Nifty MidCap 150 has slipped about 12 per cent, and the Nifty SmallCap 250 has dropped 18 per cent.

Mid- and small-cap stocks have particularly suffered, with over 80 per cent of Nifty 500 stocks trading below their long-term moving averages.

Five stocks from investor Dolly Khanna's portfolio have also seen significant declines. 20 Microns has fallen by 26.4 per cent in 2025, Indian Metals and Ferro Alloys, Chennai Petroleum, and Zuari Industries have tumbled between 21 per cent and 23 per cent, and Prakash Pipes is down 16 per cent. As of the end of December 2024, Dolly Khanna held over a 1 per cent stake in each of these stocks. READ MORE

 

 

2:19 PM

Stock Market LIVE Updates: US reciprocal tariffs to have limited impact on Indian economy: S&P

Stock Market LIVE Updates: S&P Global Ratings on Wednesday said the impact of the US reciprocal tariff will be limited on India as the economy is domestically oriented with less reliance on exports.

YeeFarn Phua, Director, Sovereigns and International Public Finance Ratings, Asia-Pacific S&P Global also said India will clock a 6.7-6.8 per cent GDP growth over the next two years.
 

He said the fiscal 2025-26 budget will boost growth for the next few years, largely by domestic demand through tax cuts for households and GDP growth is now normalising to a more "sustainable level". READ MORE

 

 

2:11 PM

Stock Market LIVE Updates: ABB India: Brokerages cut target post Q4; Nomura downgrades to 'Reduce'

Stock Market LIVE Updates: Investor sentiment towards ABB India has taken a hit after the company released its Q4CY24 results, leading several brokerages to lower their target prices.

The primary concern is the company's lackluster order inflow, which fell short of expectations by 24 per cent, signaling potential difficulties ahead.

Nomura reported that ABB India's order inflow dropped by 14 per cent year-on-year and 19 per cent quarter-on-quarter, totaling Rs 2,700 crore, which was significantly below their forecast.
 

Analysts attribute this decline to two main factors: the lowest base business (short cycle) orders in CY24 and the absence of any large-scale orders. READ MORE

 

2:02 PM

Stock Market LIVE Updates: 2 PM market update - Sensex, Nifty trade flat

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

At 2 PM, the BSE Sensex was marginally lower by 7.88 points, or 0.01 per cent, at 75,959.51, and the Nifty50 was at 22,929.05, slightly lower by 16.25 points, or 0.07 per cent.

 

1:54 PM

Stock Market LIVE Updates: Here's why Tata Steel share was in demand on February 19, key details here

Stock Market LIVE Updates: Shares of steel giant Tata Steel were in demand on Wednesday, February 19, 2025, rising by up to 1.74 per cent to reach an intraday high of Rs 136.85 apiece.

 

The uptick in Tata Steel's share price followed the company's announcement that the Neath Port Talbot Council’s Planning Committee had approved its proposal for state-of-the-art Electric Arc Furnace steelmaking at Port Talbot. An Electric Arc Furnace uses electricity to melt primarily scrap steel, which is abundant in the UK, rather than relying on imported iron ore and coal.

Last year, the site's aging iron and steelmaking assets, including the harbour, coke ovens, sinter plant, and blast furnaces, were closed. READ MORE

 

1:45 PM

Stock Market LIVE Updates: Arkade Developers shares rise 4% on securing redevelopment project in Malad

Stock Market LIVE Updates: Shares of Arkade Developers surged by 3.9% on Wednesday, February 19, 2025, reaching an intraday high of Rs 144.8 per share on the BSE. The buying interest followed the company's securing of redevelopment rights for Nutan Ayojan, a co-operative housing society in Malad West.

Malad West is one of Mumbai’s fastest-growing real estate destinations, benefiting from excellent connectivity to major business hubs via the Western Express Highway, Link Road, and upcoming metro corridors.
 

As of 12:43 PM, Arkade Developers shares were up 2.41% at Rs 142.6 per share on the BSE, while the BSE Sensex was up 0.03% at 75,989.45. READ MORE

 

1:33 PM

Stock Market LIVE Updates: TCS stock can tank 16%, trades below this key monthly support after June 23

Stock Market LIVE Updates: TCS stock has shed 8 per cent thus far this February, and the stock is seen trading with a negative bias for the last four straight weeks. Overall, the stock has shed 16.1 per cent from it's all-time high of Rs 3,503 hit in August 2024.

The stock has declined 12.5 per cent post its December quarter results, wherein the IT major reported a 1.7 per cent drop in Q3 revenue on a quarter-on-quarter basis. ICICI Securities on TCS outlook post the December quarter earnings has a 'Hold' rating on the stock.
 

Meanwhile, the technical chart shows that the stock has been grinding along its lower-end of the Bollinger Bands on the daily and weekly charts owing to persistent selling pressure at the counter this month. The daily chart hints that the near-term bias shall remain tepid as long as the stock trades below Rs 3,830. READ MORE

 

1:24 PM

Stock Market LIVE Updates: JM Financial initiates 'Buy' on Hexaware Technologies; sees 10% upside

Stock Market LIVE Updates: Brokerage firm JM Financial remains bullish on the D-Street debutant Hexaware Technologies and has initiated coverage with a 'Buy' rating on the stock. Earlier in the day, February 19, 2025, Hexaware Technologies shares, following the completion of its initial public offering (IPO), listed at Rs 745.50 per share on the National Stock Exchange (NSE), and Rs 731 per share on the BSE, against the issue price of Rs 708. READ MORE

1:09 PM

Stock Market LIVE Updates: TCS shares down 2%, hits 8-month low; stock down 8% thus far in February

Stock Market LIVE Updates: Shares of Tata Consultancy Services (TCS) hit an eight-month low, declining by 2 per cent to Rs 3,780.65 on the National Stock Exchange (NSE) in Wednesday's intraday trade. The stock has been quoting lower for the third consecutive day, falling by 4 per cent during this period. It is trading at its lowest level since June 20, 2024.

So far in February, TCS has underperformed the market, declining by 8 per cent compared to the 2.3 per cent decline in the Nifty 50 and the 3.6 per cent fall in the Nifty IT index.
 

TCS declared a total dividend of Rs 76 per share, including a special dividend of Rs 66 per share. The company had announced that the third interim dividend and the special dividend would be paid on February 3, 2025. READ MORE

 

1:02 PM

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

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

At 1 PM, the BSE Sensex was marginally ahead by 47.26 points, or 0.06 per cent, at 76,014.65, and the Nifty50 was at 22,943.55, slightly lower by 0.01 per cent.

12:49 PM

Stock Market LIVE Updates: Allcargo Gati rises 5% after reporting Jan volume at 99kt against 97kt YoY

Stock Market LIVE Updates: Shares of Allcargo Gati advanced by 4.7% on Wednesday, February 19, 2025, reaching an intraday high of Rs 65.92 per share on the BSE. The stock gained after the company released its monthly business update.

At around 11:33 AM, Allcargo Gati's share price was up 3.57% at Rs 65.21 per share on the BSE, while the BSE Sensex was up 0.15% at 76,081.67. The company's market capitalization stood at Rs 958.99 crore. The stock's 52-week high was Rs 125.4 per share, and its 52-week low was Rs 62.33 per share.

In January, Allcargo Gati registered a total volume, including surface and air express, of 99kt, compared to 97kt in January 2024 and 113kt in December 2024. READ MORE

 

12:36 PM

Stock Market LIVE Updates: JM Financial initiates 'Buy' on Hexaware Technologies; sees 10% upside

Stock Market LIVE Updates: Brokerage firm JM Financial remains optimistic about the debutant Hexaware Technologies on D-Street and has initiated coverage with a 'Buy' rating on the stock. Earlier in the day, February 19, 2025, Hexaware Technologies shares, following the completion of its initial public offering (IPO), listed at Rs 745.50 per share on the National Stock Exchange (NSE) and Rs 731 per share on the BSE, compared to the issue price of Rs 708.

This event marks the return of the company's shares to the bourses after their delisting in 2020. Valued at approximately Rs 8,750 crore, Hexaware Technologies' IPO became the largest-ever public offering by an Indian IT services company, surpassing the previous record set by Tata Consultancy Services, which went public in 2024. READ MORE

 

12:22 PM

Stock Market LIVE Updates: Concor share up 2% on awarding order worth Rs 690 cr to Braithwaite & Co

Stock Market LIVE Updates: Container Corporation of India (Concor) shares rose by up to 1.90 per cent, reaching an intraday high of Rs 691.65 per share on Wednesday, February 19, 2025.

The increase in Concor's share price followed the company's announcement that it has awarded an order for the manufacture and supply of 30 BLSS (spine car) rakes on a turnkey basis to Braithwaite & Co. Ltd, a Government of India undertaking under the Ministry of Railways.
 

The order, excluding freight charges (including GST), is valued at Rs 689.76 crore, with supplies expected to be completed by August 11, 2026. READ MORE
 

 

12:10 PM

Stock Market LIVE Updates: Transformers & Rectifiers clock 5% upper circuit on bagging Rs 166-cr order

Stock Market LIVE Updates: Shares of Transformers and Rectifiers (India) were locked in a 5 per cent upper circuit on Wednesday, February 19, 2025, reaching an intraday high of Rs 385.8 per share on the NSE. The stock's upward movement followed the company's receipt of a Rs 166.45 crore order for the supply and manufacturing of single-phase coupling transformers and single-phase transformers for TBCB projects.

 

At around 10:55 AM, Transformers & Rectifiers' share price had risen by 4.99 per cent to Rs 385.8 per share on the NSE, while the NSE Nifty50 was down 0.07 per cent at 22,929.65. READ MORE

12:02 PM

Stock Market LIVE Updates: 12 PM market update - Sensex, Nifty trade higher

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

At 12 PM, the BSE Sensex was higher by 252.70 points, or 0.33 per cent, at 76,220.09, and the Nifty50 was at 23,003.35, ahead by 58 points, or 0.25 per cent.