Key stock indices closed slightly lower in volatile trading on Wednesday, with IT heavyweights leading the decline. The BSE Sensex

The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 22,960 level, a discount of nearly 12 points from the Nifty futures’ previous close.

The Q3FY25 results for mid and small cap companies saw more downgrades compared to large caps against the previous quarter, as majority of the companies were facing either top line and margin pressures.

The BSE Sensex closed at 75,967.39, down 29.47 points or 0.04 per cent from its previous close on Tuesday. NTPC, Zomato, Power Grid and Tech Mahindra were the top gainers.

Indian markets closed flat on February 18, recovering from early losses. The Nifty 50 fell 0.08% to 22,938 points, while the Sensex gained 0.04% to 76,023 points, indicating a ’buy on the dips’ strategy among investors.

US: Federal Reserve Governor Philip Jefferson will speak at the Martin H. Crego Lecture in Economics, in New York — 3:30 a.m. China: One-year Loan Prime rate and Five-year Loan Prime Rate — 6:30 a.m.

Since its listing on the Indian bourses, Zomato’s share price has seen a significant drop of nearly 21% so far. The company has a market cap of Rs 1.98 lakh crore. Its 52-week high stands at Rs 304.70, while the 52-week low is Rs 144.30 per share.

Stock market rebounded on Monday after a sluggish start in the early trading hours. As for todays market opening, early indicators suggest a cautious start. Gift Nifty futures hint at a flat-to-negative opening,

The stock market fell into the red for the third consecutive time this week after opening on Wednesday, February 19, 2025