Stock Market Close Highlights: Sensex ends 29 pts lower, Nifty at 22,945; SmallCaps underperform
Stock Market Highlights: The BSE Sensex closed at 75,967.39, down 29.47 points or 0.04 per cent from its previous close on Tuesday. NTPC, Zomato, Power Grid and Tech Mahindra were the top gainers.
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Share Market Today: Foreign Institutional Investors (FIIs) net sold Indian equities worth Rs 3,937.83 crore on February 17, and domestic institutional investors (DIIs) net bought shares worth Rs 4,759.77 crore on Monday. (Image: Bloomberg)
Stock Market Highlights, Tuesday, February 18, 2025: Benchmark equity indices gyrated in a narrow band, albeit with a negative bias on Tuesday tracking cues from global peers. The BSE Sensex hit a low at 75,531, but eventually ended with a marginal loss of 29 points at 75,967. The NSE Nifty 50 touched a low of 22,801, and a high of 22,992 before signing off the day at 22,945 - down 14 points. Power generators NTPC and Power Grid Corporation were among the top performers among the Sensex 30 shares, gaining up to 3 per cent. Tech Mahindra, Zomato, HCL Technologies and Kotak Mahindra Bank were the other visible movers. On the other hand, IndusInd Bank, Hindustan Unilever, UltraTech Cement, Mahindra & Mahindra and TCS declined 1 - 2 per cent each. In the broader market, the BSE MidCap index also ended on a flat note; while the BSE SmallCap index declined close to 1.5 per cent. The overall market breadth was negative at 3:1 in favour of the bears - nearly 3,000 stocks declined on the BSE on Tuesday, while 1,000-odd shares gained.
Smallcap stocks were seen underperfoming for yet another trading day. PTC Industries was locked at the 10 per cent lower circuit. Carborundum Universal, Swan Energy, Data Patterns, Redington, Jyoti CNC, Garden Reach Shiphbuilders, CreditAcess Garmin and SPARC were the other major losers - down in the range of 6 - 8 per cent.
The market correction in India since the last few months has seen shares of listed stock brokers on the National stock Exchange (NSE) tumble up to 70 per cent at the bourses. While the Nifty 50 index has lost 9 per cent since September 18, 2024, scrips of most listed stock brokers, too, have felt the heat with counters such as TruCap Finance, Geojit Financial Services, 5Paisa Capital, Prime Securities, SMC Global Securities and Arihant Capital Markets underperformed the frontline index by falling 30 per cent to 70 per cent during this period, shows data from ACE Equity. READ MORE
LG Electronics has started roadshows to meet potential investors in the initial public offering of its Indian unit, people familiar with the matter said. The South Korean company recently kicked off the process as it moves forward with the listing plans, the people said, asking not to be identified because the matter is private. Bloomberg has also reported the IPO could raise $1 billion to $1.5 billion and value LG India at as much as $15 billion. READ MORE
The December quarter of financial year 2025 (Q3FY25) results presented mixed outcomes for the consumer durables and electrical segments, while the electronic manufacturing services (EMS) sector continued to excel, according to analysts at Nuvama. They noted that despite a slightly challenging demand environment, companies remain optimistic following recent government announcements regarding tax savings and the upcoming summer season. READ MORE
3:58 PM
Stock Market LIVE Updates: Expert view
Stock Market LIVE Updates: The domestic market has experienced both profit booking and bottom-fishing amid persistent concerns over FII outflows and pressure on the INR. Small and mid-cap stocks continue to lag due to apprehensions about premium valuations. Meanwhile, India’s trade deficit has widened beyond expectations, driven by rising imports due to depreciating domestic currency and surging commodity prices. Currently investors are exploring bargain-hunting opportunities due to deep correction in price, but modest earnings growth and global uncertainties are constraining momentum.
View by Vinod Nair, head of research, Geojit Financial Services.
View by Vinod Nair, head of research, Geojit Financial Services.
3:55 PM
Stock Market LIVE Updates: Market expert view
Stock Market LIVE Updates: Markets ended a tad lower in a sluggish trading session as caution prevailed amongst the investors amid rising foreign fund outflows and falling rupee. Gains in IT, power, oil & gas, and metal stocks helped the market almost erase all its losses. However, expensive valuation concerns and dismal earnings season continued to plunder small cap stocks.
View by Prashanth Tapse, senior VP (research), Mehta Equities.
View by Prashanth Tapse, senior VP (research), Mehta Equities.
3:47 PM
Stock Market LIVE Updates: Here's a look at Nifty gainers and loser at close
Stock Market LIVE Updates: NTPC, Tech Mahindra, Wipro were the top gainers on Nifty50. IndusInd Bank, Trent, BEL were among the top losers.
3:45 PM
Stock Market LIVE Updates: Here's a look at Sensex gainers and loser at close
Stock Market LIVE Updates: NTPC, Zomato, Tech Mahindra were the top winners on Sensex. Conversely, M&M, IndusInd Bank, UltraTech Cement were the top laggards.
3:43 PM
Stock Market LIVE Updates: A glance at broader market
Stock Market LIVE Updates: Broader market indices end in red. BSE Midcap down 0.19 per cent and Smallcap down 1.71 per cent at close.
3:41 PM
Stock Market LIVE Updates: Sensex settles at 75,967.39, down 29.47 pts or 0.04%
Stock Market LIVE Updates: BSE Sensex settled 29.47 points or 0.04 per cent lower at 75,967.39. The index made an intraday high at 76,091.69 and low at 76,091.69.
3:35 PM
Stock Market LIVE Updates: Nifty closes at 22,945.30, down 14.2 pts or 0.06%
Stock Market LIVE Updates: National Stock Exchange (NSE) Nifty50 settled 14.2 points or 0.06 per cent lower at 22,945.30. The index made an intraday high at 22,992.50 and low at 22,801.5.
3:28 PM
Stock Market LIVE Updates: NTPC share price advances 3% on nuclear power expansion news; details here
Stock Market LIVE Updates: Shares of state-owned power generation company NTPC were buzzing in trade in an otherwise weak market on Tuesday, February 18, 2025. NTPC shares advanced 2.77 per cent to Rs 311.05 per share on the National Stock Exchange (NSE) during intra-day trade on Tuesday.
The northward movement in the share price came following the news that the Maharatna company is looking to build 30 gigawatts of nuclear power capacity over the next two decades. According to a Reuters report, this is three times more than expected, at a cost of $62 billion. Read more
3:24 PM
Stock Market LIVE Updates: Hindustan Aeronautics drops 5% as Maharatna stock turns ex-dividend today
Stock Market LIVE Updates: Shares of state-owned aerospace and defense company Hindustan Aeronautics (HAL) dropped 4.96 per cent to today's low of Rs 3,303 apiece on the National Stock Exchange (NSE) during intra-day trade on Tuesday, February 18, 2025. The fall in the 'Maharatna' company's share price aligns with its announcement of an interim dividend for its shareholders.
Data available on the exchanges reveals that the state-owned company has announced its first interim dividend of Rs 25 per equity share, with a face value of Rs 5 each, fully paid up (500 percent) for the Financial Year 2024-25. Notably, HAL shares trade ex-dividend date today. Read more
3:18 PM
Stock Market LIVE Updates: BHEL share price slipped 5%, hit 52-week low
Stock Market LIVE Updates: State-owned Bharat Heavy Electricals Limited (BHEL) shares were under pressure on Tuesday, February 18, 2025, as the stock price dropped as much as 5.09 per cent to hit a fresh 52-week low of Rs 183.60 per share.
The downfall in the BHEL share price came after the company announced that an arbitration has been initiated against the company for a claim and interest by Ducon Technologies Inc., USA. Read more
Topics : MARKET WRAP MARKET LIVE MARKETS LIVE MARKETS TODAY share market stock market trading Markets Sensex Nifty BSE Sensex sensex nifty NSE Nifty Nifty50 BSE NSE equity
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First Published: Feb 18 2025 | 7:50 AM IST