Daily Market Update – February 18, 2025
The Indian equity market ended the session on a muted note, with the Nifty 50 slipping by 14 points (-0.06%) to close at 22,945. The index recovered nearly 170 points from its intraday low of 22,801, but broader market weakness persisted, with small-cap stocks underperforming.
🔹 Nifty Midcap 100 witnessed a recovery of over 1% from intraday lows but still ended the day with a marginal loss of 0.20%.
🔹 Nifty Smallcap Index resumed its downward trend, plunging 1.59% to its lowest level since March 2024.
🔹 Market breadth remained weak for the ninth consecutive session, with a BSE advance-decline ratio of 0.36, reflecting a bearish sentiment.
Currency markets saw the rupee depreciate by 7 paise against the US dollar to 86.95, pressured by foreign fund outflows and a widening trade deficit.
📊 Sectoral Performance
The sectoral performance was mixed, with IT and oil & gas stocks seeing gains, while consumer durables, FMCG, and auto stocks faced selling pressure.
🔼 Top Sectoral Gainers:
✔ Nifty IT (+0.95%) – Led by strong buying in Tech Mahindra and Wipro.
✔ Nifty Oil & Gas (+0.51%) – Boosted by upward momentum in ONGC and Reliance Industries.
🔽 Top Sectoral Losers:
❌ Nifty Consumer Durables (-1.36%) – Dragged down by profit booking in Titan and Havells.
❌ Nifty FMCG (-0.88%) – Witnessed selling pressure in Hindustan Unilever and Nestlé India.
❌ Nifty Smallcap 100 (-1.59%) – Continued its downtrend, marking a nine-month low.
The India VIX, a measure of market volatility, eased slightly by 0.36% to close at 15.67, indicating reduced short-term uncertainty.
🚀 Stock Movers
🔹 Top Gainers:
✔ GlaxoSmithKline Pharmaceuticals (GLAXO) 💊 – Surged 11.10% to ₹2,600, extending its rally for the second session after a 400% YoY surge in net profit.
✔ Gillette India (GILLETTE) 🪒 – Jumped 9.04% to ₹8,054, driven by strong Q3 earnings and an upcoming ₹65 per share dividend.
✔ Adani Wilmar (AWL) 🌾 – Climbed 9.03% to ₹257.05, benefiting from positive sentiment in the FMCG sector.
🔻 Top Losers:
❌ PTC Industries (PTCIL) 🏭 – Declined 10.00% to ₹10,734.65, as investors reacted to underwhelming Q3 earnings.
❌ Swan Energy (SWANENERGY) ⚡ – Fell 7.62% to ₹408, after reporting a 58.62% YoY drop in Q3 standalone net sales.
❌ Carborundum Universal (CARBORUNIV) 🔧 – Dropped 7.17% to ₹908.85, amid weak sentiment and profit booking.
🌍 Global Economic Calendar – Key Events to Watch
📌 U.S. Producer Price Index (PPI) – Feb 21 → Key inflation metric influencing Fed’s rate decisions.
📌 Eurozone Consumer Confidence – Feb 21 → A gauge of economic optimism in the region.
📌 Japan Core CPI – Feb 22 → Critical for shaping Bank of Japan’s monetary stance.
📌 U.K. Retail Sales – Feb 23 → Reflects consumer spending trends.
📌 India Foreign Exchange Reserves – Feb 23 → Key indicator for currency stability.
📺 Stay Updated with Expert Insights
For an in-depth analysis of today’s market trends and insights into potential investment opportunities, watch our latest YouTube video.
For more real-time updates, stay connected with Angeeras Securities!
Angeeras Securities 