Sensex Ends 5-Day Losing Run, Settles 148 Points Higher, Nifty Above 22,500; Airtel Up 2% – News18
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Stock Market Today: The BSE Sensex and NSE Nifty opened flat on Tuesday. Key points for investors
Stock Market Today.
Stock Market Today: Indian equity indices ended the day on a flat note on Tuesday. The 30-share Sensex rose by 147.71 points, or 0.20%, to close at 74,602.12. The index fluctuated between 74,785.08 and 74,400.37 during the session.
The NSE Nifty50, however, recorded a marginal loss, closing at 22,547.55, down by 5.80 points or 0.03%. The Nifty50 reached a high of 22,625.30 and a low of 22,516.45 throughout the day.
Out of the 50 stocks in the Nifty50 index, 31 ended lower, with Hindalco, Dr. Reddy’s Labs, Trent, Hero MotoCorp, and Sun Pharma seeing losses of up to 3.10%. On the upside, Bharti Airtel, Mahindra & Mahindra, Bajaj Finance, Nestlé India, and Titan led the gainers, with increases of up to 2.32%.
In the broader markets, the Nifty Midcap100 and Nifty Smallcap100 indices closed down by 0.62% and 0.44%, respectively.
Sectoral performance on the NSE was mixed, with gains seen in the Nifty Auto, FMCG, Select Financial Services, Media, and Consumer Durables indices, which rose by up to 0.84%.
It’s important to note that the Indian equity markets will be closed tomorrow, February 26, 2025, for Maha Shivaratri.
Global Cues
As of 9:15 a.m. Tokyo time, S&P 500 futures showed little movement, remaining mostly unchanged, indicating a cautious outlook for US markets. Meanwhile, Hang Seng futures dropped by 2.2%, reflecting weaker sentiment in Hong Kong’s market. In Japan, the Topix index fell by 0.6%, signaling a modest decline in investor confidence. Similarly, Australia’s S&P/ASX 200 saw a 0.9% decrease, as the Australian market struggled with broader global uncertainties. In Europe, Euro Stoxx 50 futures also slipped by 0.3%, suggesting a slightly negative tone for European stocks at the open. The overall trend across global futures points to a generally subdued trading sentiment ahead of the main market sessions.
Australian shares resumed their downtrend on Tuesday following a slight breather in the previous session, hurt by sector-wide losses led by discretionary retailers, banks, and the resources sector, with domestic inflation data high on investors’ radar.
The S&P/ASX 200 index slipped 0.9% to 8,237.90 points by 0030 GMT. It ticked higher on Monday, after losing more than 250 points in the previous week, largely led by a rout in banking stocks.
