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Stock Market Close Highlights: Sensex snaps 8-day losing run, gains 702pts from low; Nifty at 22,959

Stock Market Highlights: The BSE Sensex closed at 75,996.86, up 57.65 points or 0.08 per cent from its previous close, and around 702.10 points higher from the intra-day low of 75,294.76

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Stock Market Highlights, Monday, February 17, 2025: Benchmark equity indices reversed their early losses to end the 8-day losing streak, settling in positive territory on Monday. The BSE Sensex closed at 75,996.86, up 57.65 points or 0.08 per cent from its previous close, and around 702.10 points higher from the intra-day low of 75,294.76. In the preceding eight straight trading sessions, the BSE Sensex had shed 3.4 per cent or 2,645 points.
 
Similarly, the NSE Nifty50 ended 30.25 points or 0.13 per cent higher at 22,959.50. The index traded in the range of 22,974.20 to 22,725.45 on Monday.  34 out of the 50 constituent stocks of Nifty50 settled higher with the gains led by Adani Enterprises, Bajaj Finserv, IndusInd Bank, Power Grid Corporation, and Adani Ports of up to 3.93 per cent. Mahindra & Mahindra, Bharti Airtel, Infosys, TCS, and ICICI Bank were among the top laggards on the NSE Nifty50 with losses extending up to 3.45 per cent. 
 
The broader markets also showed a recovery during the second half of the trading session, with the Nifty Midcap100 settling with gains of 0.39 per cent. The Nifty Smallcap100 index, on the other hand, ended with marginal gains of 0.04 per cent.  
However, the market breadth remained negative. Out of 2,955 stocks traded on the NSE; 1,014 ended with gains, while 1,871 declined today, and 70 remained unchanged. 
  Among the sectors on the NSE, Pharma, Banks, Financial Services, Healthcare, OMCs, Consumer Durables, and Metals ended higher. The Nifty Pharma index was the top gainer among the sectors, closing 1.27 per cent higher, led by Glenmark Pharma, and Ajanta Pharma. 
 
Meanwhile, the Nifty Auto, FMCG, IT, and Media indices ended down by up to 0.71 per cent. 
 
3:59 PM

Stock Market LIVE Updates: Expert view

Stock Market LIVE Updates: Markets eked out modest gains in late recovery in a highly volatile trade, but most importantly it managed to halt the 8-session losing streak. Positive Asian and European indices aided sentiment, while gains in select banking, oil & gas, metals and power stocks helped local benchmarks recover from their early lows.

View by Prashanth Tapse, senior VP (research), Mehta Equities.
3:45 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Modest earnings growth in Q3 FY25, coupled with sustained selling by FIIs, is limiting the potential for a near-term market rebound. A weakening rupee and a widening trade deficit are likely to heighten investor caution. Despite a nosedive correction in broader indices, valuations remain unappealing. However, any easing of US trade uncertainties and initial signs of a recovery in discretionary spending could help support a market rebound.

View by Vinod Nair, head of research, Geojit Financial Services.
3:41 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices closed mixed. BSE Midcap ended in green, while Smallcap finished in red. 


3:40 PM

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

Stock Market LIVE Updates: M&M, Airtel, Infosys were among the top losers on Nifty50. Conversely, Adani Enterprises, Bajaj Finserv, IndusInd Bank were among the top gainers. 

 

3:38 PM

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

Stock Market LIVE Updates: IndusInd Banl, Bajaj Finserv, PowerGrid were among the top gainers on Sensex. M&M, Bharti Airtel, Infosys were the top laggards. 


3:36 PM

Stock Market LIVE Updates: Nifty closes at 22,959.5, up 30.25 points or 0.13%

Stock Market LIVE Updates: Similar to Sensex, the National Stock Exchange (NSE) Nifty50 also finished at 30.25 points or 0.13 per cent highr at 22,959.5. The index made an intraday high at 22,974.20 and low at 22,725.45. 
 
3:34 PM

Stock Market LIVE Updates: Sensex closes flat with a positive bias at 75,996.86

Stock Market LIVE Updates: After a volatile session, BSE Sensex finished at 75,996.86, up 57.65 points or 0.08 per cent. The index made an intraday high at 76,041.96 and low at 75,294.76. 

 
3:26 PM

Stock Market LIVE Updates: Broder market indices trade mixed

Stock Market LIVE Updates: Broader markets mixed. BSE Midcap traded up 0.45 per cent Smallcap was down 0.57 per cent. 



3:16 PM

Stock Market LIVE Updates: Sectoral indices update

Stock Market LIVE Updates: Expect Nifty Auto, information technology (IT), realty and FMCG, all indices trade positive on National Stock Exchange (NSE). 

 
3:02 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty pare losses; climb into green

Stock Market LIVE Updates: Benchmark equity indices BSE Sensex and Nifty50, after paring their losses, were trading in green on Monday, amid an uncertain outlook.

At 3 PM, the BSE Sensex was higher by 17.50 points, or 0.02 per cent, at 75,956.71, and the Nifty50 was at 22,945.80, down by 16.55 points, or 0.07 per cent.
 
2:52 PM

Stock Market LIVE Updates: Senco Gold share price tanks 32% in 2 days, hits 16-month low on weak Q3

Stock Market LIVE Updates: Senco Gold shares hit a 16-month low of Rs 304.50 per share, dropping 15 per cent on the BSE during Monday's intraday trade. This decline extended the fall that began on Friday following the company's weak operational performance in the December 2024 quarter (Q3FY25).
 
Over the past two days, Senco Gold's stock price has plunged 32 per cent, reaching its lowest level since October 2023. The stock has fallen 61 per cent from its 52-week high of Rs 772, achieved on October 7, 2024. Additionally, the jewellery company's stock was trading 46 per cent below its qualified institutional placement (QIP) issue price of Rs 562.50 (adjusted for the stock split). On January 31, 2025, the stock underwent a split from Rs 10 to Rs 5, with a split ratio of 1:1. READ MORE
 
2:45 PM

Stock Market LIVE Updates: CG Power defies weak market trends, surges 4% on acquisition news; details

Stock Market LIVE Updates: Shares of CG Power and Industrial Solutions were abuzz in trade in an otherwise weak market on Monday, February 17, 2025. On the National Stock Exchange, the company's share price advanced by 4.33 per cent, reaching an intraday high of Rs 576.85 per share during the trading session.

The upward movement in CG Power and Industrial Solutions' share price followed the company's announcement that it had been selected as the highest bidder for the proposed acquisition of 90 per cent of the equity shares of BTW-Atlanta Transformers India Private (BTW India) from Baoding Tianwei Baobian Electric Co. "The bid price was RMB 136,820,000, or approximately Rs 165 crore, pursuant to an online bidding process organized by the China Beijing Stock Exchange on February 14, 2025," CG Power stated in a regulatory filing on the NSE. READ MORE
 
 
2:32 PM

Stock Market LIVE Updates: UFlex to invest over Rs 750 cr on new Mexico unit, recycling plant at Noida

Stock Market LIVE Updates: Flexible packaging and solutions firm UFlex Ltd is investing over Rs 750 crore to establish a woven polypropylene bags manufacturing plant in Mexico and a new recycling facility in Noida, both of which are set to be operational in 2025-26, according to Chairman and Managing Director Ashok Chaturvedi.
 
The company's board approved the establishment of the woven polypropylene bags (WPP) manufacturing plant in Mexico with an investment of $50 million (approximately Rs 435 crore) to cater to the North and South American pet food markets. Additionally, the board approved the setting up of the recycling unit in Noida with an investment of Rs 317.11 crore last week. READ MORE
 
2:23 PM

Stock Market LIVE Updates: Gold rush: Why JPMorgan, HSBC are pulling bullion from Bank of England

Stock Market LIVE Updates: Trade disruption between the United States and Europe, instigated by US President Donald Trump's tariff threats, has significantly impacted the gold market. The surge in gold prices in the US, fueled by trade uncertainties, has prompted a rush to transport gold from London to New York, resulting in one of the largest movements of physical bullion in years.
 
Leading global banks, such as JPMorgan Chase and HSBC, are capitalizing on the price gap between the two markets by using commercial flights to ferry gold across the Atlantic, according to a report by The Wall Street Journal on Monday. READ MORE
2:11 PM

Stock Market LIVE Updates: Western tech firms adopt 'Anything but China' approach amid global tensions

Stock Market LIVE Updates: Western tech companies are increasingly seeking to reduce their dependence on China for production and supply chains. This shift is driven by rising geopolitical tensions and policy changes introduced during former US President Donald Trump’s administration, prompting businesses to explore alternative manufacturing hubs.
 
For years, companies followed a ‘China Plus 1’ strategy, which meant continuing their operations in China while diversifying supply chains to other countries. However, this approach has now evolved into a broader ‘Anything But China’ (ABC) approach, with tech giants actively reducing their dependency on Chinese suppliers and looking for alternatives across the globe, a report by The Wall Street Journal stated. READ MORE

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First Published: Feb 17 2025 | 7:50 AM IST

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