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Sensex Today: The benchmark equity indices, BSE Sensex and Nifty50, opened on a weak note on Thursday, reflecting mixed global cues.
Stock Market Today
Sensex Today: Benchmark equity indices BSE Sensex and Nifty 50 were trading lower on Thursday, amid mixed global cues.
At around 12 PM, the BSE Sensex was lower by 209.94 points, or 0.28 per cent, at 75,729.24, and the Nifty50 was at 22,893, behind by 39.90 points, or 0.17 per cent.
Global market developments, including insights from the US Federal Reserve’s FOMC meeting minutes released overnight, updates on the Russia-Ukraine conflict, and concerns around US tariffs, are expected to influence market movements today.
Foreign institutional investors (FIIs) were net sellers of Indian equities to the tune of Rs 1,881.30 crore on Wednesday, February 19, while domestic institutional investors (DIIs) net bought shares worth Rs 1,957.74 crore during the same session.
Views By: Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
“Trump’s tariff talks continue to impact markets. Trump’s declaration yesterday that the US will impose 25 per cent tariffs on automobiles, semiconductors and pharmaceuticals impacted India’s pharma stocks since India’s leading pharma companies are major exporters to the US. If this is implemented in early April as Trump declared, it will impact the US, too, through shortages and higher prices. It appears that Trump’s intention is to negotiate and extract concessions before tariffs are imposed. It remains to be seen how this will pan out.
A positive news is the RBI indicating growth recovery in H2 FY25. This bodes well for growth and earnings recovery in FY26. Market will start responding positively to the high frequency data indicating growth recovery. Beaten down midcaps like defence stocks are witnessing some buying.”
Global Market Overview
US stocks closed modestly higher, with the S&P 500 hitting a second consecutive all-time closing high. Investors are closely watching the Federal Reserve’s January policy meeting minutes and President Trump’s tariff proposals. Key concerns about inflation, economic slowdown, and speculation about potential interest rate cuts by the Fed are likely to continue to shape investor sentiment.
