Daily Market Update – February 17, 2025
Indian equity markets rebounded on February 17 after experiencing eight consecutive sessions of declines. A strong recovery in the final hour of trading lifted benchmark indices into positive territory, led by a turnaround in key stocks such as HDFC Bank, Coal India, and Reliance Industries (RIL).
Despite a volatile session driven by global trade uncertainties, concerns over reciprocal tariffs by the U.S., moderating earnings, and persistent foreign outflows, markets managed to stabilize. The Finance Minister addressed investor concerns regarding Foreign Institutional Investor (FII) selling, reassuring that India continues to offer attractive returns.
📈 Market Performance
🔹 Nifty 50 gained 30 points (+0.1%), closing at 22,959, after recovering over 250 points from its intraday low of 22,725.
🔹 Sensex advanced 57 points (+0.10%), closing at 75,996, after bouncing back 702 points from its low of 75,294.
🔹 Broader markets saw mixed trends, with the Nifty Midcap 150 rising 0.34% to 18,408.45, while the Nifty Smallcap 250 declined 0.23% to 14,468.25.
The Nifty 500 stocks’ advance-decline ratio stood at 1:1, indicating short covering at lower levels, as both midcap and smallcap indices attempted to recover from a nearly 10% decline in recent sessions.
Market volatility edged higher, with the India VIX rising 4.71% to 15.72, reflecting heightened investor caution.
📊 Sectoral Highlights
The sectoral performance was mixed, with pharma and healthcare leading the recovery, while auto, media, and IT stocks struggled.
🔼 Top Sectoral Gainers:
✔ Nifty Pharma (+1.27%)
✔ Nifty Healthcare Index (+1.31%)
🔽 Top Sectoral Losers:
❌ Nifty Auto (-0.53%)
❌ Nifty Media (-0.71%)
❌ Nifty IT (-0.58%)
🔼 Top Gainers
🔹 Godfrey Phillips India Ltd. (GODFRYPHLP) 🚬
Surged 16.86% to ₹7,011.00, touching an intraday high of ₹7,168.90. The stock has gained 41.32% in two sessions, driven by a 19% YoY jump in Q3 PAT.
🔹 GlaxoSmithKline Pharmaceuticals Ltd. (GLAXO) 💊
Soared 15.91% to ₹2,339.00, reaching its upper circuit, following a massive 400% surge in Q3 net profit.
🔹 Manappuram Finance Ltd. (MANAPPURAM) 🏦
Jumped 8.46% to ₹193.22, rebounding strongly after exiting the F&O ban list.
🔻 Top Losers
🔻 KFin Technologies Ltd. (KFINTECH) 📉
Plunged 10.48% to ₹827.90, extending its downtrend amid heavy selling pressure.
🔻 PTC Industries Ltd. (PTCIL) 🏭
Dropped 8.70% to ₹11,945.00, after disappointing Q3 results.
🔻 Triveni Turbine Ltd. (TRITURBINE) ⚙️
Slumped 7.08% to ₹547.00, weighed down by weak sentiment in the broader market.
🌍 Global Market & Economic Events
Key global markets exhibited mixed trends as investors assessed trade policies and economic data:
🔹 Asian and European markets showed cautious trading amid concerns over the global economic outlook.
🔹 U.S. markets were closed for Presidents’ Day, limiting external market cues.
🔹 Investor focus remains on key economic data releases this week, which could impact global and domestic market trends.
🗓️ Upcoming Global Economic Events
📌 U.S. PPI & Retail Sales Data (Feb 20) – A key measure of inflationary pressures.
📌 Eurozone Inflation Report (Feb 21) – Crucial for ECB’s interest rate stance.
📌 Japan Manufacturing PMI (Feb 22) – A leading indicator of economic activity.
📌 China Loan Prime Rate Decision (Feb 22) – Key for global liquidity trends.
📺 Stay Updated
📢 Watch our latest YouTube video for an in-depth analysis of today’s market trends and the outlook for the coming weeks.
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