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I) Nifty: opened at 23055 and touched a high of 23235, then a low of 22992 and closed at 23031 with a total of -13 points in Negative.
II) Bank Nifty: opened at 49469 and touched a high of 49836, then a low of 49276, and closed at 49359 with a total of -119 points Negative.
III) CNX Finance: opened at 23195 and touched a high of 23485, then a low of 23188, and closed at 23272, with a total of +79 points in Positive.
IV) Nifty Mid Select: open 11412 and touched a high of 11547, then a low of 11339 and closed at 11359, With a total of -35 points in Negative.
1. Finolex Cables:-Finolex Cables Ltd recorded a volume of 35.58 lakh shares by 14:14 IST on NSE, a 26.64 times surge over the two-week average daily volume of 1.34 lakh shares.
2. Honasa Consumer:- Honasa Consumer share price: The stock moved up 14.40 per cent to hit a day high of Rs 234.25. Last checked, it was up 13.31 per cent at Rs 232. At this price, the scrip has crashed 44.66 per cent in a year.
1. Natco Pharma:- Following a disappointing Q3 FY25 report showing a 37.75% profit drop, NATCO Pharma shares plummeted 19%, reflecting ongoing challenges in their export formulation business.
2. Godfrey Phillip:- Godfrey Phillips India Ltd. faced a significant decline on February 13, 2025, underperforming its sector. The stock's performance showed mixed trends, being above short-term moving averages but below longer-term ones. Despite recent volatility, it demonstrated resilience over the past month compared to the broader market.
On February 13, 2025, India's benchmark indices saw a rebound after six consecutive days of decline, driven by strong gains in the financial sector. The Nifty 50 rose 0.5% to 23,159.75, while the BSE Sensex increased 0.47% to 76,533.79. The recovery was largely attributed to a positive performance from financial stocks, with Kotak Mahindra Bank leading the charge, bolstered by the Reserve Bank of India's decision to lift a ban on issuing credit cards and registering digital customers.
Among individual stocks, NTPC Ltd. saw a modest increase of 0.23%, outperforming the broader market, while State Bank of India (SBI) experienced a 0.81% decline, underperforming compared to its peers. AU Small Finance Bank also made headlines, as the Reserve Bank of India approved a proposal for Temasek's unit, Zulia Investments, to increase its stake in the bank to up to 7%. Additionally, SBI Cards and Payment Services received a boost following a credit rating upgrade by Macquarie, which supported the overall recovery in the financial sector.
Despite these positive developments, concerns over higher-than-expected U.S. inflation data and escalating trade war fears limited the market's gains. The Indian stock market had already fallen 3% in the previous six sessions, weighed down by these global economic uncertainties. Nonetheless, the financial sector showed resilience, helping drive the market's recovery amidst the ongoing volatility.
