KEY HIGHLIGHTS
Most US Futures Rise
As of 3:31 p.m., the Dow Jones Industrial Average, S&P Futures were trading 0.01% and 0.24% higher, respectively. The Nasdaq 100 future was 0.34% higher.
Economic Data Releases And Events For Feb 18
US: Empire State Manufacturing Index — 7:00 p.m.
US: NAHB Housing Market Index — 8:30 p.m.
US: Federal Reserve Bank of San Francisco President Mary Daly will speak at the American Bankers Association's Conference for Community Bankers, in Phoenix — 8:50 p.m.
US: Federal Reserve Governor Michael Barr will speak at the Council on Foreign Relations, in New York — 11:30 p.m.
Market At Close
The NSE Nifty 50 and BSE Sensex resumed declined after one-day gain.
The Nifty 50 and Sensex ended 0.06% and 0.04% down, respectively.
IndusInd Bank Ltd., Trent Ltd., and Bharat Electronics Ltd. were top losers in the Nifty 50 index.
NTPC Ltd., Tech Mahindra Ltd., and Wipro top gainer in the Nifty 50 index.
The NSE Nifty Midcap 150 ended 0.18% down.
The NSE Nifty Smallcap 250 ended 1.38% down.
Stock Market Live: Infosys Partners With Lufthansa Group
Infosys has partnered with Lufthansa Group to accelerate digital innovation in the aviation industry.
Stock Market Live Update: Goldiam International Mulling To Set Up Facility In US
Goldiam International is considering setting up a manufacturing facility in the United States.
Stock Market Live: Markets Ignoring Key Positives, Says Ridham Desai
Ridham Desai believes that the market has overlooked critical positives from the recent budget and the central bank’s policy shift.
"The budget was phenomenal. It continues to consolidate the fiscal deficit at a slower pace while increasing capex and cutting taxes. That’s an incredible combination for the economy, and at the same time, the RBI has pivoted," he said.
Despite these tailwinds, Desai remarks that the market lacks enthusiasm. "I am amazed that people don’t see this as an opportunity. In hindsight, they will realize it. It is impossible to catch the exact bottom, but if the market dips another 5-7%, investors should buy more. The outcome will be favorable."
Regarding recent market corrections, Desai emphasized that such volatility is normal. "Markets do not move in a straight line. This correction stemmed from a growth slowdown, largely due to fiscal consolidation and RBI’s hawkish stance. That slowdown lasted for two quarters, but in my view, we are already coming out of it," he added.
Read more here.
Stock Market Live: Citi's Top Themes As 13% Upside Seen For Nifty 50
Banks, telecom and healthcare are Citi's preferred themes after a "meaningful" market correction from peak levels is set to make way for positive growth, while being 'underweight' on information technology, metals and consumer discretionary.
Post the correction, valuations for large-cap stocks are reasonable and the top-down drivers for consumption growth due to direct income tax cuts, interest rate cut, and decline in inflation as well as public capex recovery from December are improving, it said. "We remain constructive," Citi analysts Surendra Goyal and Vijit Jain said in a note on Monday.
Read more here.
Stock Market Live Update Today: Star Cement Commissions Boiler In Heat Recovery System In Meghalaya
Star Cement has commissioned a 7 MW AQC boiler for its West Heat Recovery System at Lumshnong, Meghalaya.
Stock Market Live Update Today: Vinati Organics Incorporates US Subsidiary
Vinati Organics Ltd. has incorporated a wholly-owned subsidiary in the United States.
KPI Green Energy Share Price Declines After Shares Turn Ex-Dividend
KPI Green Energy Ltd.'s share price declined on Tuesday after the shares turned ex-dividend. The Gujarat-based solar power generation company had announced an interim dividend of Rs 0.20 per equity share for the financial year 2025.
In Morgan Stanley's Desai's View Indian Markets Out Of Slowdown
In my view, we're already out of a slowdown, Morgan Stanley Equity Research Head India Equity Strategist Ridham Desai said. Markets do not go up in a straight line, they're bound to slow.
Foreign investors are more underweight on Indian stocks now than they have been in decades He doesn't worried impact of US President Donald Trump's actions and announcements, Desai said. India-US Deal Will Help Ensure Overall Co-operation. Underweight position of foreign investors in the emerging markets is at an all-time low.
Market has ignored what has been one of the biggest pivots in banking history in modern India. Indian households have put more cash into gold than equities over last 10 years, he said speaking at a discussion at NDTV Profit Conclave.
Track live updates on NDTV Profit Conclave
Catch Morgan Stanley's Ridham Desai, Angel One's Dinesh Thakkar & NSE's Ashishkumar Chauhan Discusses Markets
Ridham Desai of Morgan Stanley, Dinesh Thakkar of Angel One and Ashishkumar Chauhan of NSE discusses how the Indian equity market has matured over time at NDTV Profit Conclave
Track live updates on NDTV Profit Conclave
Stock Market Live Update: Zen Technologies Declines 30% In Two Days
Zen Technologies Ltd.‘s share price continued its downward slide for the second consecutive day, hitting a lifetime low on Tuesday. The stock declined by 10%, following a 20% drop on Monday, after the company announced its third-quarter earnings, which fell short of analysts’ expectations.
Stock Market Live Updates: Tech Mahindra
Tech Mahindra Ltd.'s subsidiary, Cerium Systems, will merge with the company, according to an exchange filing.
ABB Share Price Rises After Third Quarter Net Profit Increases
ABB India Ltd.'s share price rose on Tuesday as the company reported 55.75% increase in its net profit. Its consolidated net profit rose to Rs 528 crore from Rs 339 crore.
Stock Market Today: Vedanta Share Price Falls
Vedanta share price declined as creditors are set to meet discuss demerger plan on Tuesday. The proposed demerger intends divide the company into five different conglomerate.
Stock Market Live Updates: Zaggle Prepaid Ocean Partners Redington
Zaggle Prepaid Ocean Services Ltd. has entered into a five-year strategic partnership agreement with Redington, according to an exchange filing said.
Nifty, Sensex Fall After Muted Open As RIL, SBI Shares Drag: Opening Bell
The NSE Nifty 50 and BSE Sensex declined after a muted open tracking losses in Reliance Industries Ltd., and State Bank of India. As of 9:18 a.m., the Nifty 50 was 39.50 points or 0.17% down at 22,920.00, and the Sensex was 107.08 points or 0.14% down at 75,889.78.
"Technically, after an early morning intraday correction, the market took support near 22725/75300 and bounced back sharply. However, the short-term texture of the market is still on the downside," said Shrikant Chouhan, head, equity research, Kotak Securities
"We are of the view that as long as the market is trading above 22,800/75,500, the pullback formation is likely to continue. On the higher side, it could move up till 23,000/76,200. Further upside may also continue, which could lift the market till 23,075/76,500," Chouhan said.
On the flip side, below 22,800/75,500 the sentiment could change. Below the same, the market could slip till 22,725-22,650/75,300-75,000, he added.
Bharti Airtel Ltd., Infosys Ltd., Wipro Ltd., ICICI Bank Ltd., and Tech Mahindra Ltd. added to the Nifty 50 index.
Reliance Industries Ltd., State Bank of India, NTPC Ltd., Mahindra & Mahindra Ltd., and UltraTech Cement Ltd. weighed on the Nifty 50.
On NSE, 10 sectors declined, and two advanced out of 12. The NSE Nifty PSU Bank declined the most, and the NSE Nifty IT rose the most.
The BSE Midcap and Smallcap indices were trading 0.40% and 0.27% down, respectively.
On BSE, 18 sectors declined, and three advanced out of 21. The BSE Oil and Gas declined the most, and the Focused IT rose the most.
Market breadth was evenly split between buyers and sellers. Around 1,534 stocks declined, and 1,260 stocks advanced, and 130 remained unchanged on BSE.
Stock Market Live Updates: Nifty, Sensex Trade Flat At Pre-Open
At pre-open, the NSE Nifty 50 was 0.01% higher at 22,963.65, and the BSE Sensex was 0.12% higher at 76,087.00.
Yield On The 10-Year Bond Opens Flat
The yield on the 10-year bond opened flat at 6.69%.
It closed at 6.69% on Monday.
Source: Bloomberg
Rupee Opens Weaker Against US Dollar
Rupee weakened by 5 paise to open at 86.93 against the US Dollar.
It closed at 86.88 on Monday.
Source: Bloomberg
Stock Market Live Update: Patel Engineering Declares Lowest Bidder Irrigation Project In Maharashtra
Patel Engineering has been declared the lowest bidder for a Rs 1,090 crore irrigation project in Maharashtra, with its share being Rs 218.1 crore.
Stock Market Live Update: Biocon Biologics Gets EU Authorisation For Bevacizumab Biosimilar
European Commission grants marketing authorisation for Biocon Biologics' Bevacizumab biosimilar, YESINTEK, in the EU.
Gold Price Steady At Rs 85,250
Gold price in India cooled to Rs 85,250 per 10 grams as of 6:00 a.m. on Feb. 18, according to the India Bullion Association. The prices fell nearly Rs 1,200 from Feb. 10 level.
Read the full article here.
Oil Update: Prices Erase Early Gains
Crude oil prices erased early gains in the Asia sessions. The prices rose after the Organization of Petroleum Exporting Countries and its allies is reported to consider delaying output restoration.
Further, Ukraine's attack on a crude pumping station of Russia slowed supply from the main pipeline in Kazakhstan.
As of 8:02 a.m., brent crude was trading 0.15% down at $75.11 a barrel. It rose as much as 0.11% to $75.30 a barrel in Asia session so far.
Asia Market Update: Most Rise Before RBA's Rate Decision
Most share indices rose Tuesday in the absence of major cues from the US markets. Market participants in the region await the Reserve Bank of Australia's policy decision.
The Nikkei 225 and KOSPI were 0.34% and 0.13% up, respectively. The S&P ASX 200 was 0.45% down.
GIFT Nifty Near 23,000; ABB India, Paytm, Uno Minda, Zomato Share Prices In Focus
The GIFT Nifty was trading near 23,000 in early trade Tuesday. One97 Communication Ltd., Uno Minda Ltd., and Zomato Ltd. share prices may react due to news flow overnight.
The GIFT Nifty was trading 17 points or 0.07% higher at 23,027.00, as of 1:29 a.m.
On Monday, India's major equity indices paused their longest losing streak in two years, with shares of HDFC Bank Ltd. and Reliance Industries Ltd. providing assistance.
The Nifty 50 closed 30.25 points, or 0.13% higher at 22,959.5, while the Sensex closed 57.65 points, or 0.08% up at 75,996.86.
RECOMMENDED FOR YOU
Stock Market Today: Sensex Ends Nearly 300 Points Lower, Nifty Slips 0.4% As Bank, Financial Stocks Weigh
Jul 02, 2025
Stock Market Today: Sensex Ends Over 680 Points Higher; Nifty Extends Gains On Strong Global Cues
Jun 25, 2025
Stock Market Today: Nifty, Sensex Settle In Red Despite Sharp Reversal From Intraday Lows
Jun 23, 2025
Stock Market Today: Sensex Recoups Nearly 700 Points; Nifty Ends Nearly 1% Higher As HDFC Bank Leads
Jun 16, 2025
POPULAR