Sensex Today | Stock Market LIVE Updates: Nifty Remains Below 22,850, M&M and Hindalco Lead Declines
Indian benchmark indices, Nifty 50 and Sensex, closed lower in the previous trading session. Nifty 50 ended at 22,929.25, while Sensex finished at 75,939.21.
Market Overview
Nifty 50 closed 3,348.1 points lower than its record high of 26,277.35. The Indian equity markets have seen a decline for the last eight consecutive days, marking its first such losing streak in two years. This drop was primarily driven by persistent foreign institutional investor (FII) outflows and worries about potential retaliatory tariffs from the US.
As the quarterly earnings season wraps up, investors are likely to focus on FII flows, currency movements, and ongoing concerns about global trade impacts due to potential US tariffs.
Stocks in the spotlight today include BHEL, RVNL, Samvardhana Motherson, Glenmark Pharma, Aditya Birla Fashion, Utkarsh Small Finance Bank, Narayana Hrudayalaya, Dish TV India, Zydus Lifesciences, Easy Trip, Dr. Agarwal's Health Care, Shriram Finance, MTNL, Zen Technologies, and ABB India.
Live Updates
Feb 17, 2025, 10:34 AM IST:
Seco Gold Shares Fall 15%
Seco Gold’s stock dropped another 15% today, continuing its downward trend from Monday's low of ₹304.55, which is 29% below its IPO listing price of ₹431. This marks the second significant decline since its debut on July 14, 2023.
Feb 17, 2025, 10:31 AM IST:
Biocon Shares Under Scrutiny
Biocon shares are seeing significant investor focus today.
Feb 17, 2025, 10:18 AM IST:
Zen Technologies Hits 20% Lower Circuit
Zen Technologies Ltd. shares fell to a 20% lower circuit on February 17, marking the steepest drop since March 12, 2020, amid a broader market sell-off.
Feb 17, 2025, 10:01 AM IST:
Arvind Smartspaces Announces New Residential Project
Arvind Smartspaces has signed a new residential plotted development project in Ahmedabad with a potential revenue of ₹600 crore.
Feb 17, 2025, 10:00 AM IST:
Glenmark Pharma Shares 4% Off Lows
Glenmark Pharma’s stock has fallen nearly 4% but maintains its FY25 revenue and margin guidance.
Feb 17, 2025, 9:57 AM IST:
FMCG Stocks Down: Radico Khaitan and Godrej Consumer Products Drop Over 2%
Feb 17, 2025, 9:56 AM IST:
Glenmark Pharma Provides Update from Concall
Glenmark confirmed that its FY25 revenue and margin guidance remains intact. The company expects a 1-1.5% improvement in FY26 margin and a 9-10% domestic revenue growth for FY25.
Feb 17, 2025, 9:32 AM IST:
Utkarsh Small Finance Bank Drops 13%
Feb 17, 2025, 9:27 AM IST:
Nifty 50 Shows Recovery But Remains in the Red
Feb 17, 2025, 9:20 AM IST:
RVNL Shares Fall Over 5%
RVNL reported a 13.1% YoY dip in net profit for Q3FY25, dropping to ₹311.6 crore. Revenue also fell 2.6% YoY to ₹4,567.4 crore. Operating EBITDA was down by 3.9% YoY at ₹239.4 crore.
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