Finance
Share Market Highlights, Wednesday, February 19, 2025: The main Indian equities indices closed Wednesday’s chaotic session flat. The BSE Sensex finished at 75,939.18, down 28.21 points, or 0.04 percent, from its previous level. The index reached an intra-day high of 76,338.58, and a low of 75,581.
The NSE Nifty50 finished flat at 22,932.90, down only 12.40 points or 0.05 percent from the previous closing. On Wednesday, the 50-share index traded between 23,049.95 and 22,814.85.
Dr Reddy’s Labs, TCS, Infosys, Hindustan Unilever, and Adani Enterprises were among the 25 out of 50 Nifty50 component stocks that closed lower, with losses of up to 2.48 percent. The 25 companies included Bharat Electronics, Hindalco, Eicher Motors, Larsen & Toubro, and Axis Bank , were among the 25 stocks that ended with gains of up to 3.54 per cent.
Smallcap stocks outpaced benchmarks and others in the broader markets, with the Nifty Smallcap100 index rising 2.36 percent, driven by JBM Auto and Aegis Logistics. In contrast, the Nifty Midcap100 index closed up 1.56%.
Banking shares stole the show among the sectors, with the Nifty Private Bank and PSU Bank indexes closing up by more than 1% each, and the Bank Nifty index up 0.98 percent. Consumer durables, financial services, metal, media, and real estate indices all closed with increases of up to 1.67 percent.
Among the other sectoral indexes on the NSE, the Nifty IT, Auto, Healthcare, Pharma, and FMCG indices closed in the red. The Nifty IT index being the top laggard, which ended down 1.30 per cent, dragged by Persistent Systems, and Cofoge.
Source: BS
