Market recovers from early day losses: Sensex & Nifty 50 Close Flat; Midcap & Smallcap Indices Lose Upto 0.70 per cent

The Nifty 50 ended marginally lower by 0.12 per cent at 23,045.25, while the Sensex closed down by 0.16 per cent at 76,171.08.

Market Update 3:30 PM: Indian equity markets, after a sharp decline in early trade, recovered during the day and closed flat. The Nifty 50 ended marginally lower by 0.12 per cent at 23,045.25, while the Sensex closed down by 0.16 per cent at 76,171.08.

Broader market indices, however, remained under pressure. The Nifty Midcap 150 slipped 0.37 per cent to 18,766.85, and the Nifty Smallcap 250 was down by 0.70 per cent at 15,050.60.

Market volatility eased slightly, with the India VIX up 0.16 per cent to 14.90.

Sectorally, mixed trends were observed. Nifty Financial Services (0.45 per cent), Nifty Metal (0.67 per cent), and Nifty PSU Bank (0.84 per cent) were the top sectoral gainers. On the other hand, Nifty Realty (-2.74 per cent), Nifty Oil & Gas (-0.80 per cent), and Nifty Auto (-0.74 per cent) were the top sectoral laggards.

Within the Nifty 50, Bajaj Finserv, SBI Life Insurance Company, and Shriram Finance led the gainers, advancing by 2.72 per cent, 2.04 per cent, and 1.87 per cent, respectively. Conversely, Mahindra & Mahindra, Eicher Motors, and Bharat Electronics were the top laggards, shedding 3.20 per cent, 2.36 per cent, and 2.13 per cent, respectively.

Market breadth was negative, with 1,154 advances and 1,685 declines, indicating bearish sentiment prevailing among investors.

Market Update 12:00 PM: Indian equity markets, after a sharp decline in early trade, showed signs of recovery and are currently trading flat. The Nifty 50 is down marginally by 0.02 per cent at 23,066.85, while the Sensex is down by 0.13 per cent at 76,193.25.

Broader market indices, however, are still under pressure. The Nifty Midcap 150 has slipped 0.11 per cent to 18,817.15, and the Nifty Smallcap 250 is down by 0.30 per cent at 15,111.40.  

Market volatility has eased slightly, with the India VIX up 2.13 per cent to 15.19.

Sectorally, mixed trends are observed. Nifty Financial Services (0.23 per cent), Nifty Metal (0.63 per cent), and Nifty PSU Bank (0.94 per cent) are the top sectoral gainers. On the other hand, Nifty Realty (-1.23 per cent), Nifty Oil & Gas (-0.55 per cent), and Nifty Pharma (-0.37 per cent) are the top sectoral laggards.

Among Nifty 50 constituents, SBILIFE, HDFCLIFE and APOLLOHOSP are the top performers, while M&M, RELIANCE and POWERGRID are the major draggers.

Market breadth is slightly negative, with 1,039 advances and 1,640 declines, indicating some bearish sentiment prevailing among investors.

Market Update 9:50 AM: Indian equity markets continued yesterday's selling pressure and are trading significantly lower in early trade today. The Nifty 50 has decreased by 0.83 per cent to 22,880.55, while the Sensex has fallen by 0.93 per cent to 75,587.81.

Broader market indices are also witnessing substantial declines. The Nifty Midcap 150 has plunged 2.11 per cent to 18,438.70, and the Nifty Smallcap 250 has slipped 2.81 per cent to 14,731.65.  

Market volatility has surged, with the India VIX up 2.45 per cent to 15.24.

Sectorally, all sectors are in the red. Nifty IT (0.33 per cent) is the only sectoral gainer. On the other hand, Nifty Realty (-2.79 per cent), Nifty Consumer Durables (-2.12 per cent), and Nifty Oil & Gas (-2.25 per cent) are the top sectoral laggards.

Among Nifty 50 constituents, TCS, Tech Mahindra, and Infosys are the top performers, while M&M, Reliance, and BEL are the major draggers.

Market breadth is extremely negative, with 265 advances and 2,204 declines, reflecting a bearish sentiment among investors.

Market Update 8:15 AM: U.S. stock markets ended Tuesday’s session on a mixed note as Investors assessed Federal Reserve Chair Jerome Powell’s latest remarks, which suggested no immediate need for rate cuts. The Dow Jones Industrial Average gained 123.24 points, or 0.28 per cent, closing at 44,593.65. The S&P 500 inched up 1.96 points, or 0.03 per cent, to settle at 6,068.50, while the Nasdaq Composite slipped 71.41 points, or 0.36 per cent, ending at 19,643.86.

Asian markets opened on a mixed note Wednesday as traders reacted to Powell’s comments, indicating a cautious outlook on rate cuts.

The GIFT Nifty signaled a positive opening for Indian equities, with Nifty futures trading at 23,181 around 7:10 AM IST.

The 10-year U.S. Treasury yield edged slightly lower to 4.52 per cent, while the 2-year yield remained unchanged at 4.28 per cent.

The U.S. dollar retreated slightly to 108.04, pulling back from its recent highs driven by tariff-related news. Investors awaited fresh inflation data and updates on global trade policies.

WTI crude oil prices slipped to USD 73 per barrel on Wednesday, ending a three-day winning streak. The decline followed a sharp 9-million-barrel rise in U.S. crude stockpiles, far exceeding estimates. Traders remained cautious amid escalating trade tensions and economic uncertainty.

Foreign Institutional Investors (FIIs) accelerated their selling spree on February 11, offloading equities worth Rs 4,486 crore. On the other hand, Domestic Institutional Investors (DIIs) provided some support, purchasing stocks worth Rs 4,001 crore on the same day.

Manappuram Finance remains under the F&O ban today.

Disclaimer: The article is for informational purposes only and not investment advice.