Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Markets end slightly lower after a day's breather as foreign fund outflow persists

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Markets end slightly lower after a day's breather as foreign fund outflow persists
PTI News
Dated:- 18-2-2025
PTI
Mumbai, Feb 18 (PTI) Benchmark indices Sensex and Nifty ended marginally lower on Tuesday as uninterrupted foreign fund outflows and lower-than-expected corporate earnings continued to hit investors' sentiment. After a day's breather, the 30-share BSE benchmark Sensex end .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed 29.47 points or 0.04 per cent lower at 75,967.39. Intra-day, it dropped 465.85 points or 0.61 per cent to 75,531.01. The NSE Nifty dipped 14.20 points or 0.06 per cent to settle at 22,945.30. "On Tuesday, the Indian blue-chip equity indices, Sensex and Nifty-50, closed with a slight decline, primarily due to a slowdown in earnings and concerns over ongoing foreign selling, which affected ma .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rket sentiment," Ameya Ranadive, Chartered Market Technician, CFTe, Sr Technical Analyst, StoxBox, said. From the Sensex pack, IndusInd Bank, Mahindra & Mahindra, UltraTech Cement, Hindustan Unilever, Sun Pharma, Tata Consultancy Services, ITC and Asian Paints were among the biggest laggards. NTPC, Zomato, Tech Mahindra, Power Grid, Kotak Mahindra Bank and HCL Tech were among the gainers. Th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e BSE smallcap gauge dropped 1.71 per cent and midcap index declined 0.19 per cent. Among BSE sectoral indices, industrials dropped 1.51 per cent, consumer durables (1.19 per cent), telecommunication (1.06 per cent), capital goods (0.91 per cent), auto (0.65 per cent) and consumer discretionary (0.55 per cent). BSE utilities climbed 1.03 per cent, BSE Focused IT (0.86 per cent), oil & gas (0.7 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0 per cent) and energy (0.38 per cent). As many as 2,918 stocks declined while 1,032 advanced and 114 remained unchanged on the BSE. "The domestic market has experienced both profit-booking and bottom-fishing amid persistent concerns over FII outflows and pressure on the INR. Small and midcap stocks continue to lag due to apprehensions about premium valuations. Meanwhile, India's trade deficit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... has widened beyond expectations, driven by rising imports due to depreciating domestic currency and surging commodity prices," Vinod Nair, Head of Research, Geojit Financial Services, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,937.83 crore on Monday, according to exchange data. In Asian markets, Seoul, Tokyo and Hong Kong settled in the positive territory while .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Shanghai ended lower. European markets were quoting mostly lower. US markets were closed on Monday in observance of 'President's Day'. Global oil benchmark Brent crude climbed 0.73 per cent to USD 75.77 a barrel. The Sensex climbed 57.65 points or 0.08 per cent to settle at 75,996.86 on Monday, ending an eight-day losing run. The Nifty rebounded 30.25 points or 0.13 per cent to 22,959.50. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... PTI SUM HVA
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates