Share Market Today: India’s benchmark indices, Sensex and Nifty 50, settle down in red on Wednesday, February 19, 2025. The Sensex (index with top 30 firms) tumbled 28.21 points to settle at 75,939.18 on Wednesday. Meanwhile, Nifty50 (index with top 50 firms) was down 12.40 points to settle at 22,932.90 points.
Notably, Union Finance Minister Nirmala Sitharaman tabled the Income Tax Bill 2025 on February 13. Earlier on that day, Prime Minister Narendra Modi met the US President Donald Trump. However, this too couldn't impress the share market.
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Share Market Today: What’s Behind The Drop?
- The Indian rupee is continuously witnessing decline. The INR is hitting fresh lows on almost every day.
- US President Donald Trump said that the new 25% tariffs would be imposed on all steel and aluminum imports, in addition to existing duties. This led to the fall of several stocks.
- The recent Delhi election results, which saw the BJP secure a decisive victory, were anticipated to bring stability to market sentiment.
- Union Budget, presented on February 1 and RBI’s MPC decision to cut the repo rate by 25 basis points (bps) to 6.25% failed to impress the equity markets.
- Continuous selling by the foreign investors in Indian equities. Foreign investors have pulled out Rs 28,418 crore from Indian equities this month so far.
Stocks In Focus
Based on BSE data, here’s a snapshot of how key stocks performed in Wednesday's trading session.
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| Company | Price Change | Closing Price (Rs) |
|---|---|---|
| ICICI Bank | 1.50% Up | 1,261.45 |
| Tata Motors | 0.11% Down | 680.85 |
| TCS (Tata Consultancy Services) | 2.28% Down | 3,781.35 |
| Reliance Industries (RIL) | 0.16% Up | 1,226.95 |
| Zomato | 4.86% Up | 234.10 |
| HCL Technologies | 1.03% Up | 1,707 |
| Tech Mahindra | 1.01% Down | 1,687.30 |
| Adani Ports | 0.28% Down | 1,080.80 |
| ITC | 0.32% Up | 406.50 |
| Bajaj Finance | 0.51% Down | 8,418.25 |
On Wednesday, 13 out of 30 Sensex constituents ended in the green, while the 17 Sensex stock closed in the red.
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