Disclaimer
The stock market is subject to significant volatility and inherent risks. Investing in stocks involves potential losses and is not guaranteed to generate profits. Prices of stocks can fluctuate unpredictably. We do not give you any buy/sell tips. This article is for Educational purposes only.
I) Nifty: opened at 23096 and touched a high of 23133, then a low of 22774 and closed at 22929 with a total of -102 points in Negative.
II) Bank Nifty: opened at 49485 and touched a high of 49592, then a low of 48719, and closed at 49099 with a total of -260 points Negative.
III) CNX Finance: opened at 23321 and touched a high of 23368, then a low of 23998, and closed at 23186, with a total of -85 points in Negative.
IV) Nifty Mid Select: open 11412 and touched a high of 11428, then a low of 11976and closed at 11090, With a total of -269 points in Negative.
1. Godfrey Phillips: India shares climbed 19.05% to Rs 593.50 against the previous close of Rs 4982.95 on BSE. The markethttps://www.businesstoday.in/markets/company-stock/story/godfrey-phillips-shares-rise-top-bse-gainer-heres-why-464619-2025-02-14 cap of the firm rose to Rs 30,053 crore.
1. Concord Biotech Ltd has lost 16.26% over the last month compared to a 3.78% fall in the BSE Healthcare index and a 0.37% drop in the SENSEXrmulation business.
2. Natco Pharma share price: The stock plunged 10.80 per cent to hit a day low of Rs 868.25. At this price, it has tumbled 28.63 per cent in two trading days
On Friday, February 14, 2025, Indian stock markets experienced a decline, with the BSE Sensex falling by 199.76 points (0.26%) to close at 75,939.21, and the Nifty 50 dropping by 102.15 points (0.44%) to settle at 22,929.25.
Investor concerns were heightened due to potential reciprocal tariffs proposed by the U.S., which could impact global trade dynamics. Despite discussions between Prime Minister Narendra Modi and President Donald Trump about reducing tariffs and increasing imports from the U.S., market sentiment remained cautious.
Sector-wise, the Nifty Energy index saw a significant decline of 2.28%, while Nifty Metal and Nifty Auto indices decreased by 1.79% and 1.23%, respectively.
In terms of individual stock performance:
Overall, the market's downturn was influenced by global trade uncertainties and sector-specific challenges, leading to cautious investor sentiment.
Nifty formed a red candle on the daily chart, signalling weakness, but a green weekly candle confirmed last week's bullish engulfing pattern. Immediate support lies at 23,430, with resistance at 23,800. Given the strong weekly structure, a buy-on-dips strategy is advisable, said Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.
