Stock Market Highlights: Sensex sheds 856 pts, Nifty at 22,553; IT shares tank; FMCG, Auto holds

Sensex Today | Stock Market Highlights: Broader markets also mirrored the benchmarks as the Nifty Smallcap100 and Nifty Midcap100 indices ended down by 1.02 per cent and 0.94 per cent, respectively

3:45 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Global headwinds continue to weigh on the domestic market, with persistent volatility causing uncertainty among retail investors, who generally have a lower risk appetite. Weak US consumer sentiment and tariff concerns may further pressure export-oriented sectors such as IT. Looking ahead, the pace of earnings downgrades is expected to ease, supported by increased government spending, lower interest rates, and tax reductions. These factors are likely to provide a boost to sectors such as FMCG, consumer discretionary, and banking.

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

3:44 PM

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

Stock Market LIVE Updates: HCLTech, Zomato, TCS were among the top losers on Sensex. 

3:42 PM

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

Stock Market LIVE Updates: Information Technology (IT) stocks drag Nifty50. Wipro, HCLTech, TCS were among the top losers on Nifty50. 

3:40 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader markets closed lower mirroring the headline index. Nifty Midcap 100 was down 0.94 per cent and Smallcap 100 was down over 1 per cent. 

 

3:38 PM

Stock Market LIVE Updates: Nifty closes at 22,553.35, down 242.55 pts or 1.06%

Stock Market LIVE Updates: National Stock Exchange (NSE) Nifty50 closed 242.55 points or 1.06 per cent lower at 22,553.35. The index recorded a day's low at
22,518.8.

 

3:35 PM

Stock Market LIVE Updates: Sensex finishes at 74,454.41, down 856.65 points or 1.14 per cent

Stock Market LIVE Updates: BSE Sensex finished the session at 74,454.41, down 856.65 points or 1.14 per cent. Intraday the index fell to 74,387.44.

3:15 PM

Stock Market LIVE Updates: These 7 recently listed IPO's tank up to 64% from their 52-week highs

Stock Market LIVE Updates:  An ongoing correction in the equity market has seen the market price of seven recently-listed initial public offering (IPOs) tank by up to 64 per cent from their respective 52-week highs. Concord Enviro Systems, DAM Capital Advisors, Godavari Biorefineries, JNK India, One Mobikwik Systems, Stallion India Fluorochemicals and Unicommerce Esolutions saw their market value decline between 47 per cent and 64 per cent, from their respective 52-week highs. READ MORE

3:09 PM

Stock Market LIVE Updates: Layoffs impact: Infy stock sinks below 200-DMA after 8 months; what next?

Stock Market LIVE Updates: With Monday's 3.6 per cent intra-day fall, Infosys was seen trading below its long-term (200-Day Simple Moving Average) for the first time since June 06, 2024, - i.e. a period of little more than 8 months. After withstanding the market weakness for the last three months, Infosys stock has plunged nearly 7 per cent so far in February. READ MORE

 

2:56 PM

Stock Market LIVE Updates: Dividend Alert! SBI Life Insurance fixes record date; are you eligible?

Stock Market LIVE Updates: The largest private sector life insurer, SBI Life Insurance Company, is all set to announce a dividend reward for its shareholders for the financial year 2024-25. A dividend usually refers to a payment made by a company to its shareholders, typically from its profits. It is a way for companies to distribute a portion of their earnings to shareholders, usually on a quarterly or annual basis. READ MORE

2:44 PM

Stock Market LIVE Updates: Gautam Adani pledges to invest Rs 1.1 trn across sectors in Madhya Pradesh

Stock Market LIVE Updates: The Adani Group has pledged to invest Rs 1.1 trillion in Madhya Pradesh across various sectors, including infrastructure and smart metering, with an additional Rs 10 trillion investment currently under advanced discussions.

 

The conglomerate, led by Gautam Adani, plans to finance projects in pumped storage, cement, mining, smart meters, and thermal energy, with the goal of creating over 1,20,000 jobs by 2030. The group also reiterated its commitment to making Madhya Pradesh one of India’s premier investment destinations. READ MORE

 

2:34 PM

Stock Market LIVE Updates: GSK Pharma hits 3-month high in weak market; surges 32% in 7 days

Stock Market LIVE Updates: GlaxoSmithKline Pharmaceuticals share price reached a three-month high of Rs 2,640, surging 5 per cent during Monday's intra-day trade on the BSE. In contrast, the BSE Sensex was down 1 percent at 74,560 as of 01:14 PM.

Over the past seven trading days, GSK Pharma's stock has rallied 32 percent, reflecting strong growth and sustained profitability for the quarter ended December 2024 (Q3FY25). The shares are now trading at their highest level since November 7, 2024.
 

The company's consolidated net profit soared to Rs 230 crore, compared to Rs 46 crore a year ago. For the quarter under review, GSK Pharma's revenue stood at Rs 949.42 crore, up from Rs 805.26 crore, marking a 17.9 percent increase. READ MORE

 

2:27 PM

Stock Market LIVE Updates: Adani Green, Suzlon, Swan Energy: Stocks with biggest drop in PE ratio

Stock Market LIVE Updates: The significant decline in stock markets since their peak in September 2024 has rendered valuations appealing for various stocks across the large, mid, and small-cap segments, according to analysts. They believe that the current environment may be opportune for investors to begin selectively investing for the long term.

 

A note by Samco Securities indicates that in the downturn starting from the end of September 2024, 272 out of the top 500 market capitalisation (market-cap) stocks (54.40 percent) have declined over 20 per cent from their September-end levels as of February 21, 2025. READ MORE

 

2:18 PM

Stock Market LIVE Updates: Only 26% of equity MFs outperformed respective benchmarks in January 2025

Stock Market LIVE Updates: According to PL Wealth Management, the Wealth Management arm of Prabhudas Lilladher, the assets under management (AUM) of equity mutual funds have decreased by 3.83 per cent sequentially, falling to Rs 24,85,844 crore in January 2025 from Rs 25,84,851 crore in December 2024 (excluding Sectoral/Thematic Funds). This was revealed in their latest study on mutual fund performance.

The study, which analyzed 291 open-ended equity diversified funds, found that only 26.12 per cent of these funds have outperformed their respective benchmarks over the past month, ending January 31st, 2025. The total number of funds that outperformed stood at 76 for the month ending January 31st, 2025. In comparison, 60.82 per cent of the schemes managed to beat their benchmarks in the previous month. READ MORE

 

2:10 PM

Stock Market LIVE Updates: Nifty IT index slips over 2% on fears of slowing US economy

Stock Market LIVE Updates: On Monday, the Nifty IT index was among the the biggest laggard among sectoral indices on the NSE, plummeting over 2 percent in early trades.

 

By 2:09 PM, the Nifty IT index had declined by 2.9 per cent, trading at 39,338.80. It reached an intra-day low of 39,322.45 during the session. READ MORE

 

2:03 PM

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

Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty 50 were trading lower on Monday, amid weak global cues.

At 2 PM, the BSE Sensex was lower by 846.69 points, or 1.12 per cent, at 74,464.37, and the Nifty 50 was at 22,547.90, down 248 points, or 1.09 per cent.