Stock markets at close: Nifty Smallcap 100 index enters bear phase; tanks 22% from peak
Stock Market Crash LIVE: India stock market capitalisation has dropped below the $4-trillion mark for the first time in more-than-14 months, bogged down by a weak rupee against the US dollar.
 "Smallcaps enter bear phase. Index drops over 20 per cent from peak levels")
Smallcaps enter bear phase. Index drops over 20 per cent from peak levels
Stock Market Updates, Friday, February 14, 2025: The Nifty Smallcap 100 index officially entered 'bear' phase on Friday with the index slipping around 22 per cent from its peak of 19,716.20. The index lost nearly 4 per cent on Friday to close at 15,373.70 levels. Friday's fall came on the back of an across-the-board sell-off in the broader markets that saw midcaps, too, end weak. The Nifty Midcap 150 index lost nearly 2.5 per cent in trade on Friday to close at 18,325.40 levels, NSE data showed.
Pharma stocks came under selling pressure amid reciprocal tariff threats from the US on Thursday. Natco Pharma and Laurus Labs were among the top losers in this space that slipped over 9 per cent each. These two counters also form a part of the Nifty Smallcap 100 index. IFCI, Glenmark Pharma, Finolex Cables, HFCL, BEML and Apar Industries are some of the other counters that comprise this index and skidded over 7 per cent on Friday. Sensex, Nifty recover from day's low
Frontline indices, however, survived the day with minimal losses, recovering from intra-day lows towards in post noon deals. The S&P BSE Sensex closed around 200 points lower at 75,939 levels. The index had hit an intra-day low of 75,439 levels before buying at lower levels in bluechips helped stem losses.
On the NSE, the Nifty 50 index shed 102 points to 22,929 levels. Adani Ports, BEL, Adani Enterprises, Trent, Grasim, Bajaj Auto, Hero MotoCorp and Sun Pharma were some of the top Nifty50 losers that ended 2.5 per cent to 5 per cent lower on Friday.
India stock market capitalisation, meanwhile, dropped below the $4-trillion mark for the first time in more-than-14 months, bogged down by a weak rupee against the US dollar.
Analyst view
The Nifty, according to technical analysts, continues to reel under a bear attack. The overall sentiment, said Rupak De, senior technical analyst at LKP Securities, remains weak, even though the index managed to close 155-points off its low on Friday, as it continues to trade below a critical short-term moving average.
"A decisive fall from 22,800 could trigger further panic in the market. On the higher end, 23,100 appears to be the immediate resistance, above which the market may see some respite," De said.
3:51 PM
Stock Market LIVE Updates: Market expert view
Stock Market LIVE Updates: The risk-averse sentiment continues to rule investors’ minds as corporate earnings are significantly lower than the market expectations during the start of the year, especially for mid- and small caps. Muted earnings trend, INR depreciation along with external factors like tariffs are expected to keep the sentiments weak in the near term, which could further push FIIs outflows. Volatility is expected to stay elevated until there is clarity on tariffs and a recovery in corporate earnings.
View by Vinod Nair, head of research, Geojit Financial Services.
View by Vinod Nair, head of research, Geojit Financial Services.
3:48 PM
Stock Market LIVE Updates: Technical view
Stock Market LIVE Updates: The Nifty continues to reel under a bear attack, closing below 23,000 after spending a few days floating above this level. Sentiment remains weak, even though the index managed to close 155 points off its low, as it continues to trade below a critical short-term moving average. A decisive fall from 22,800 could trigger further panic in the market. On the higher end, 23,100 appears to be the immediate resistance, above which the market may see some respite.
View by Rupak De, senior technical analyst, LKP Securities.
View by Rupak De, senior technical analyst, LKP Securities.
3:44 PM
Stock Market LIVE Updates: Here's a look at Nifty gainers and loser at close
Stock Market LIVE Updates: Britannia, Nestle India, ICICI Bank were the top gainers on Nifty50. Adani Ports, BEL, Adani Enterprises were among the top losers on the index.
3:42 PM
Stock Market LIVE Updates: Here's a look at Sensex gainers and loser at close
Stock Market LIVE Updates: Adani Ports, Sun Pharma, UltraTech Cement were among the top losers on Sensex. Conversely, Nestle India, ICICI Bank, Infosys were the top winners.
3:41 PM
Stock Market LIVE Updates: A glance at broader market
Stock Market LIVE Updates: Broader market indices cracked. BSE Midcap was down over 2 per cent and Smallcap was down over 3 per cent.
3:38 PM
Stock Market LIVE Updates: Nifty50 closes at 22,929.25, down 102.15 pts
Stock Market LIVE Updates: National Stock Exchange (NSE) Nifty50 closed at 22,929.25, down 102.15 points or 0.44 per cent. In the day, the index recorded a high at 23,133.7 and low at 22,774.85.
3:35 PM
Stock Market LIVE Updates: Sensex closes 199.76 pts lower at 75,939.21
Stock Market LIVE Updates: BSE Sensex closed at 75,939.21, down 199.76 points or 0.26 per cent. In the day the index made an intraday high of 76,138.97 and day's low at 75,439.64.
3:24 PM
Stock Market LIVE Updates: Hyundai India completes 25 years of exports; crosses 3.7 million mark
Stock Market LIVE Updates: Hyundai Motor India Ltd (HMIL) has completed 25 years of exports from India, emerging as one of the largest exporters of passenger vehicles from the country, with cumulative exports exceeding 3.7 million units.
The company began exports in 1999 and has covered over 150 nations. It currently exports to more than 60 countries. The globally acclaimed Hyundai i10 family has surpassed 1.5 million exports, while the popular Verna family has crossed 500,000 units on a cumulative basis. Read more
3:19 PM
Stock Market LIVE Updates: Senco, Orchid Pharma, ITI, Blue Jet among 504 stocks locked at lower limit
Stock Market LIVE Updates: Shares of Senco Gold, Orchid Pharma, Tarc, Siyaram Silk Mills, ITI, 63 Moons Technologies, Zaggle Prepaid Ocean Services, Concord Biotech, Jai Corp, Blue Jet Healthcare and Indo Tech Transformers were among 504 stocks locked in their respective lower circuit (down up to 20 per cent) on the BSE in Friday’s intra-day trade amid a sharp sell-off in equities.
At 02:40 PM; the BSE Smallcap and BSE Midcap indices were down 3.1 per cent and 2.3 per cent, respectively. In comparison, the BSE Sensex was down 0.3 per cent. Read more
3:16 PM
Stock Market LIVE Updates: Vodafone Idea dips 6% as SC dismisses plea against AGR miscalculation
Stock Market LIVE Updates: Vodafone Idea share price dipped 6 per cent to Rs 8.10 on the BSE in Friday's intraday trade after the Supreme Court (SC) dismissed review petitions filed by telecom companies for securing a reduction in statutory dues.
India's top court, on February 14, 2025, dismissed a series of review petitions filed by telecom services providers challenging its 2021 verdict, which had refused to allow corrections in the Department of Telecommunications' (DoT) computation of adjusted gross revenue (AGR) dues, including alleged miscalculations and unintended additions. Read more
3:05 PM
Stock Market LIVE Updates: 3 PM update- Sensex down over 100 pts, below 76,100; Nifty below 23,000
Stock Market LIVE Updates: Around 3 PM, BSE Sensex was down over 100 points below 76,100. National Stock Exchange (NSE) Nifty50 was down over 80 points, below 23,000.
On the broader market front, BSE Midcap and Smallcap were down over 2 per cent. On BSE Sensex, Adani Ports, Sun Pharma, UltraTech Cement were the top laggards, while Nestle India, ICICI Bank, TCS were the top winners.
On the broader market front, BSE Midcap and Smallcap were down over 2 per cent. On BSE Sensex, Adani Ports, Sun Pharma, UltraTech Cement were the top laggards, while Nestle India, ICICI Bank, TCS were the top winners.
2:52 PM
Stock Market LIVE Updates: Bank stocks help stock markets recover from crash
Stock Market Crash LIVE Updates: Nifty Bank index is trading off day's low. The Nifty Bank index fell over 1.5 per cent intraday, but is now down 0.5 per cent. ICICI Bank share price is showing strength.
2:45 PM
Stock Market LIVE Updates: Hexaware Technologies IPO fully subscribed
Stock Market Crash LIVE Updates: The highest subscription demand for Hexaware Technologies IPO was driven by Qualified Institutional Buyers (QIBs), who subscribed 5.13 times to their allotted portion. Meanwhile, Non-Institutional Investors (NIIs) portion was booked 8 per cent, and Retail Individual Investors (RIIs) have also subscribed to 8 per cent of the offering. READ MORE
2:34 PM
Stock Market LIVE Updates: Why is the stock market down today?
Stock Market Crash LIVE Updates: The Healthcare and Capital Goods shares were the biggest losers in stock market trades today. The BSE Pharma index plunged over 3 per cent after US President Donald Trump revealed plans for reciprocal tariffs. These will be implemented as early as April onwards.
The US President also signed a memo, ordering his economic team to chalk out plans for reciprocal tariffs on every country taxing US imports. READ MORE
2:21 PM
Stock Market LIVE Updates: HDFC Bank, M&M, Sun Pharma weigh the most on Sensex today
Stock Market Crash LIVE Updates: HDFC Bank, M&M, Sun Pharma, L&T, Axis Bank, Adani Ports, and Reliance Industries were the top contributors towards Sensex's fall today. These shares were down up to 5 per cent in trade today.
Topics : MARKET LIVE MARKETS LIVE MARKETS TODAY stock market trading Markets Sensex Nifty BSE Sensex Nifty50 BSE NSE equity share market Indian stock markets
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First Published: Feb 14 2025 | 7:50 AM IST
