Stock Market Close Highlights: Sensex ends flat at 76,139, Nifty at 23,031; pharma, financials shine

Stock Market Highlight: 27 out of the 50 constituent stocks of Nifty50 ended in the red, dragged down by Adani Enterprises, Adani Ports, Hero MotoCorp, Infosys, and Larsen & Toubro

3:53 PM

Stock Market LIVE Updates: Market expert comment

Stock Market LIVE Updates: Markets remained volatile on the weekly expiry day, ending flat amid mixed cues. The session began on a positive note, but profit booking in select heavyweights erased early gains. As a result, the Nifty index closed nearly unchanged at 23,019.90. Sectorally, a mixed trend persisted, with pharma, metal, and realty sectors outperforming, while IT and FMCG lagged. Broader indices also experienced choppy trade, with small-caps slipping nearly half a per cent. 
 

The persistent selling pressure on rebounds suggests that bears remain firmly in control. Additionally, global uncertainties, including the risk of potential tariff wars, are likely to keep traders cautious. Given the current scenario, we recommend a stock-specific trading approach with a strong focus on risk management and wait for clarity.

View by Ajit Mishra – SVP, research, Religare Broking.

3:47 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Despite initial market optimism driven by easing domestic inflation data, the rally lost momentum amid uncertain global cues and subdued corporate earnings. Furthermore, a surge in Chinese technology stocks, fuelled by heightened interest in artificial intelligence, redirected FIIs in pursuit of more attractive returns. Market participants are now closely monitoring the outcome of the Trump-Modi discussions for any trade and tariff concessions for a potential pullback rally.

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

3:46 PM

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

Stock Market LIVE Updates: Adani Enterprises, Adani Ports, Hero MotoCorp were among the top losers on Nifty50. On the other hand, Tata Steel, Bajaj Finserv, Sun Pharma were among the top winners. 

3:43 PM

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

Stock Market LIVE Updates: Adani Ports, Infosys, L&T were among the top laggards on BSE Sensex. Conversely, Tata Steel, Bajaj Finserv, Sun Pharma were among the top gainers. 

 

3:41 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices closed mixed. BSE Midcap settled flat with a positive bias and BSE Smallcap was lower 0.43 per cent. 

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3:39 PM

Stock Market LIVE Updates: Nifty50 finishes 13.85 points or 0.06 per cent lower at 23,031.40

Stock Market LIVE Updates: National Stock Exchange (NSE) NIfty50 settled 13.85 points or 0.06 per cent lower at 23,031.4. The index made an intrday high at 23,235.50 and day's low at 22,992.2.

 

3:36 PM

Stock Market LIVE Updates: Sensex closes 32.11 points or 0.04 per cent lower at 76,138.97

Stock Market LIVE Updates: BSE Sensex closed 32.11 points or 0.04 per cent lower at 76,138.97 falling for the seventh straight session. During the session, the 30-share gauge recorded a day's high at 76,764.53 and intraday low at 76,013.43.

3:26 PM

Stock Market LIVE Updates: FDC hits 52-week low, stock slips 9% on weak Q3 results

Stock Market LIVE Updates: Shares of FDC hit a 52-week low of Rs 399.85, as they slipped 9 per cent on the BSE in Thursday’s intra-day trade after the company reported 53.2 per cent year-on-year (YoY) decline in consolidated profit after tax (PAT) at Rs 37 crore in the December quarter (Q3FY25), due to a weak operational performance.

 

The stock of the pharmaceutical company fell below its previous low of Rs 405.05, hit on June 4, 2024. At 02:13 PM; FDC was quoting 6 per cent lower at Rs 411.85, as compared to 0.02 per cent rise in the BSE Sensex. The stock has corrected 39 per cent from its 52-week high of Rs 659 touched on September 12, 2024. Read more 

3:20 PM

Stock Market LIVE Updates: Shilpa Medicare shares gain 8% in trade

Stock Market LIVE Updates: Pharmaceutical company Shilpa Medicare share price soared as much as 7.97 per cent to hit an intraday high of Rs 713.90 per share on Thursday, February 13, 2025. 

 

The spike in Shilpa Medicare’s stock price came after the company announced the approval of its Investigational New Drug (IND) – Nor Ursodeoxycholic Acid Tablets 500 mg, by the Subject Expert Committee of the Central Drugs Standard Control Organisation (CDSCO). Read more 

3:14 PM

Stock Market LIVE Updates: IPCA Laboratories shares jump 7% after healthy Q3 results

Stock Market LIVE Updates: Shares of IPCA Laboratories jumped 7.37 per cent to today’s high of Rs 1,525.15 per share on the BSE during intra-day deals on Thursday, February 14, 2025. The northward movement in the company’s share price followed the announcement of its financial results for the third quarter of the current fiscal year.

 

IPCA Laboratories' profit for the period attributable to the owners of the company jumped 37.95 per cent in Q3FY25, to Rs 248.14 crore from Rs 179.88 crore reported in Q3FY24, the company said in an exchange filing. Read more 

3:07 PM

Stock Market LIVE Updates: 3 PM update

Stock Market LIVE Updates: BSE Sensex was flat with a negative bias at 76,145.53. NSE Nifty50 was down 17.4 points at 23,027.85. In the broader market, BSE Midcap was up 0.19 per cent, while BSE Smallcap was down 0.19 per cent. 

Adani Enterprises, Infosys, TCS were among the top losers on Sensex. Adain Enterprises, Adai Ports, Here MotoCorp were among the top laggards on Nifty50. 

2:58 PM

Stock Market LIVE Updates: Polycab, Voltas, KEI, Lodha can slide up to 18% as charts flag this warning

Stock Market LIVE Updates: The stock charts of Polycab India, Voltas, KEI Industries, and Macrotech Developers (Lodha) have formed a 'Death Cross' pattern on the daily scale today, Thursday, February 13, 2025.

A 'Death Cross' occurs when the shorter-term moving average, such as the 50-day DMA (Daily Moving Average), falls below the longer-term 200-day DMA. Technically, this pattern suggests a negative outlook for the stock or index, indicating a shift towards a downward trend with resistance levels moving lower.

Given the bearish implication of the 'Death Cross' pattern, charts suggest that these 4 stocks could decline up to 17.7 per cent. per cent from present levels. Here are the key support and resistance levels to track going ahead. READ MORE

2:47 PM

Stock Market LIVE Updates: 3 reasons why Jefferies says investors should 'Buy' ITC Hotels stock

Stock Market LIVE Updates: Going bullish on ITC Hotels, global brokerage firm Jefferies has initiated coverage on the stock with a 'Buy' rating. It has set a target price of ₹240 for ITC Hotels shares, implying an upside of 37.4 per cent from current levels in their base case scenario.

In its bull case, Jefferies has a 12-month target price of ₹280 for ITC Hotels shares. In the bear case, it values the stock at ₹140.
 

"ITC Hotels is the second-largest hotel chain in the Indian hospitality space, fairly diversified across metrics, and is expected to benefit from a cyclical recovery in the hotel sector. Near-term growth drivers include the scaling up of recent greenfield projects and an increase in the share of Asset Light properties. With the demerger from its parent company behind it, the independent performance of ITC Hotels is expected to re-rate the stock," the brokerage stated in its report. READ MORE

 

 

2:39 PM

Stock Market LIVE Updates: Tata Steel likely to tap corporate bond market after near 1-year hiatus

Stock Market LIVE Updates: Tata group company Tata Steel is set to tap the corporate bond market after a gap of nearly one year, two sources familiar with the matter said on Thursday.

"The company is already in talks with merchant bankers and investors, and is offering a variety of tenors, and would finalise one or two of those, based on levels that they get," one of the sources said.
 

Tata Steel is likely to raise around Rs 3,000 crore ($345.6 million) through this bond issue and will likely complete the issue before the end of this month. READ MORE

2:35 PM

Stock Market LIVE Updates: Realtors raise record Rs 22k cr via QIP in 2024: Who are biggest gainers?

Stock Market LIVE Updates: Companies across sectors raised the highest amount of funds through qualified institutional placements in 2024, with a total of 99 issues raising over ₹1,41,482 crore. This amount marks a 75 per cent increase over the previous all-time high of ₹80,816 crore in 2020, according to a study by real estate consultancy firm Anarock.

 

"Anarock's analysis of the surge in QIP fundraising in 2024 highlights the real estate sector's continued might amid strong institutional confidence in India’s economic fundamentals. Despite market fluctuations, capital markets remain robust, and companies continue to attract strategic investments. Our research shows that the real estate sector remained a dominant contributor in 2024, with eight developers and one REIT collectively raising ₹22,320 crore," noted the report. READ MORE