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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 22809 and touched a high of 22974, then a low of 22725 and closed at 22959 with a total of -30 points in Positive.
II) Bank Nifty: opened at 48880 and touched a high of 49319, then a low of 48525, and closed at 49258 with a total of +159 points Positive.
III) CNX Finance: opened at 23053 and touched a high of 23293, then a low of 22958, and closed at 23271, with a total of +84 points in Positive.
IV) Nifty Mid Select: open 11025 and touched a high of 11188, then a low of 10840 and closed at 11172, With a total of +82 points in Positive.
1. Godfrey Phillips: Godfrey Phillips share price: The company reported a significant 27.2% year-on-year (YoY) increase in its net profit, along with a 14.8% rise in its revenue from operations for Q3 FY25.
2. GlaxoSmithKline:- GlaxoSmithKline Pharmaceuticals shares hit 20 per cent upper circuit in trade on BSE at Rs 2,421.3 per share. The buying on the counter came after the company posted its Q3 results.
1. PTC Industries: With today's 10% decline at Rs 11,789.05 on the BSE, the stock price of PTCIL corrected 34% from its 52-week high level of Rs 17,978 touched on January 9, 2025.
2. Triveni Turbine:- The decline on Dalal Street continued on Friday, with both major indices closing lower. The Bombay Stock Exchange (BSE) Sensex, consisting of 30 stocks, fell by 199.76 points, closing at 75,939.21. Meanwhile, the National Stock Exchange (NSE) Nifty dropped by 102.15 points, settling at 22,929.25.
As of February 17, 2025, the Indian stock market experienced notable movements in specific stocks:
The overall market sentiment remained bearish, with key indices experiencing notable declines. The Nifty 50 slipped by 0.75%, closing at 22,759.35, while the Sensex dropped by 0.69% to settle at 75,403.65. Investors displayed caution as selling pressure mounted across various sectors, impacting market momentum.
One of the key factors influencing the decline was high stock valuations. With several stocks trading at premium levels, concerns over overvaluation led to profit-booking. This trend was particularly evident in sectors that had witnessed a strong rally in recent months, prompting investors to adopt a more defensive approach.
Subdued corporate earnings further contributed to the bearish outlook. Many companies reported weaker-than-expected results, raising doubts about future growth prospects. This led to a shift in investor sentiment, with market participants focusing on fundamentally strong stocks while reducing exposure to riskier assets.
Global trade uncertainties also played a role in the market downturn. Ongoing geopolitical tensions, fluctuating commodity prices, and concerns over economic slowdowns in key markets added to the overall nervousness. These factors combined to create an environment where investors preferred to stay cautious rather than make aggressive bets.
Despite the decline, analysts suggest that long-term investors should focus on strong fundamentals and stable sectors. While short-term volatility may persist, opportunities for accumulation could emerge as valuations become more attractive. Keeping a close watch on corporate earnings, global economic trends, and policy decisions will be crucial for market participants in the coming weeks.