Stock Market Today: indian stock market Thursday, February 19, saw heavy selling as investors booked profits across sectors following recent gains. The 30-stock Sensex ended the session 1,236 points or 1.48% lower at 82,498.14, while its 50-stock counterpart, nifty 50The day closed at 25,454.35 with a loss of 365 points or 1.41%. Bank Nifty index fell 811 points and closed at 60,739.
Broad-based selling also hit the second-ranked mid- and small-cap indices, as the BSE 150 Midcap index fell 1.54% and the BSE 250 Smallcap index fell 1.16%. investors suffered losses ₹Total market capitalization of BSE-listed companies fell by almost Rs 7 lakh crore ₹Rs 465 lakh crore in a day ₹Rs 472 lakh crore in the last session.
Speaking on the Indian stock market scenario today, Ponmudi R, CEO, Enrich Money, said, “Selling was widespread in banking, auto, FMCG, metals and aviation stocks reflecting clear risk-off sentiment due to escalating US-Iran tensions, a dovish US Fed outlook, India VIX rising to 13.46 (up over 10%) and continued FII pressure, with DIIs also being net sellers in the past few days. Sessions were made.”
Expecting a weak start on Friday, Hariprasad K, SEBI-registered research analyst and founder of Livelong Wealth, said GIFT Nifty today signals a slight bearish start for Nifty 50, extending yesterday's downside momentum.
US-Iran war
A massive military assemblage including warships, fighter jets and refueling planes is hovering over West Asia, awaiting orders from President Donald Trump. If the ongoing talks on Tehran's nuclear program fail to reach an agreement, the target will be Iran.
According to CNN and CBS, the US military is ready to launch strikes against Iran this weekend, but Trump has not yet made a final decision. Russia and Iran have also conducted naval exercises in the Sea of Oman to prevent any “unilateral actions” in the region.
Gold and silver rates today
After increasing US-Iran tension, gold and silver opened with a rise today. comex gold rate today Opened higher and touched an intraday high of $5,033.39/oz, registering an intraday gain of about 0.50%. Similarly, COMEX today silver rate Opened with a margin of gains and touched today's high of $78.655/oz, registering an intraday high of about 0.75% within minutes of the opening bell.
Speaking on the silver, gold rates scenario today, SEBI-registered market expert Anuj Gupta said, “Gold and silver rates are rising due to increase in US-Iran tensions. This has increased the demand for gold and silver as safe-haven assets.”
Anuj Gupta said that today the rate of gold is between $ 4,850 to $ 5,200 per ounce, while the rate of silver today is between $ 70 to 85 per ounce. He said that the price of gold in India today is as follows ₹Rs 1,50,000 per 10 grams ₹At the same time, today the rate of silver in India is at the level of Rs 1,58,000 per 10 grams. ₹Rs 2,30,000 per kg ₹2,55,000 per kg range.
FII-DII data
Both FIIs and DIIs ended the day as net sellers. FIIs sold Indian stocks ₹881 crore, while DII sold shares worth Rs 881 crore. ₹596 crores.
USD vs INR
According to a report by CareAge Ratings, the Indian rupee is expected to trade in the range of 89 to 90 against the US dollar by the end of fiscal year 2027, supported by a soft dollar and a manageable current account deficit (CAD).
The report highlights that USD/INR has risen from a recent low of 92 to around 90.6 following the trade agreement with the United States and a free trade agreement (FTA) with the European Union.
stock market today
Speaking on the Nifty 50 outlook today, Nilesh Jain, VP- Head of Technical and Derivatives Research, Centrum Finverse, said, “The Nifty 50 index has slipped below its key short-term moving average and formed a bearish bearish candlestick, indicating a possible bearish reversal. Immediate resistance lies at the 100-DMA near Rs 25,700. On the downside, The important support of 200-DMA is located at 25,310, and a decisive break below it could open the downside to 25,100 levels.
On today's outlook for Bank Nifty, Rupak Dey, Senior Technical Analyst, LKP Securities, said, “Bank Nifty has formed a bearish pattern on the daily chart, suggesting a possible reversal or at least a pause after the recent rise. The bullish trend seems to be fading after a large red candle was formed on the daily chart. The RSI has entered a bearish crossover and is trending lower, indicating weak momentum. Overall, sentiment looks weak. At the lower end, support is seen at 61,200.
stocks worth buying today
Regarding shares to be bought today, stock market experts – Sumeet Bagadia, Executive Director, Choice Broking; Ganesh Dongre, senior manager of technical research at Anand Rathi; And Shiju Koothupalakkal, senior manager, technical research, Prabhudas Lilladher recommends these seven intraday stocks for today: UPL, Biocon, HDFC Life, Fortis Healthcare, Tata Technologies, Samman Capital and MM Forging.
Sumeet Bagadia's stock recommendations for today
1) UPL: buy at ₹765, target ₹820, stop loss ₹738; And
2) Biocon: buy at ₹383, target ₹410, stop loss ₹370.
ganesh dongre buy or sell stock
3) HDFC Life: buy at ₹732, target ₹758, stop loss ₹715;
4) Fortis Healthcare: buy at ₹906, target ₹940, stop loss ₹890; And
5) Tata Technologies: buy at ₹602, target ₹635, stop loss ₹590.
Shiju Koothupalakkal Intraday Stock for Today
6) Respect Capital: buy at ₹151.35, target ₹161, stop loss ₹147; And
7) MM Forging: buy at ₹488.50, target ₹520, stop loss ₹478.
Disclaimer: This story is for educational purposes only. The above views and recommendations are those of individual analysts or broking companies and not of Mint. We recommend investors to check with certified experts before taking any investment decision.