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Frontline indices, the Sensex and the Nifty 50, ended higher on Wednesday, February 25, tracking positive global cues. However, losses in shares of select heavyweights, such as Reliance and SBI, capped gains.

The Sensex finished at 82,276.07, up 50 points, or 0.06%, while the Nifty 50 closed 58 points, or 0.23%, higher at 25,482.50.

The mid and small-cap segments, on the other hand, ended with decent gains. The BSE 150 MidCap Index rose by 0.67%, while the BSE 250 SmallCap Index climbed 0.48%.

Thanks to gains in the mid and small-cap segments, investors' wealth rose by more than ₹1 lakh crore in a single session as the cumulative market capitalisation of BSE-listed firms rose to over ₹467 lakh crore from ₹465.6 lakh crore in the previous session.

The Sensex surged as much as 732 points and the Nifty 50 reclaimed 25,652 in the intraday session, but erased most gains and ended with minor gains on profit booking in select heavyweights.

In terms of index contribution, Reliance, SBI, Bharti Airtel, HDFC Bank, and ITC were the top drags on the Sensex index. On the other hand, ICICI Bank, TCS, Mahindra and Mahindra, Infosys, and Tata Steel offered the most support to the index.

"The initial strength tapered off as renewed tariff‑focused comments from the U.S. President reignited global trade concerns, limiting the day’s gains with depreciation in INR. Looking ahead, geopolitical tensions such as U.S.–Iran developments, along with AI and tariff‑related news flow, are likely to shape market direction in the near term," Vinod Nair, Head of Research, Geojit Investments Limited, noted.

As many as 34 stocks ended higher in the Nifty 50 index, among which HCL Technologies (up 2.91%), Bajaj Auto (up 2.73%), and Tata Steel (up 2.63%) ended as the top gainers.

Reliance Industries (down 2.12%), SBI (down 1.90%), and Adani Ports and Special Economic Zone (down 1.72%) ended as the top losers in the index.

Most sectoral indices ended higher, with Nifty Metal (up 2.70%), Auto (up 1.85%), Pharma (up 1.85%), and IT (up 1.57%) clocking strong gains.

On the flip side, Nifty PSU Bank (down 0.39%), FMCG (down 0.25%), Realty (down 0.19%), and Oil and Gas (down 0.18%) ended in the red.

Nifty Bank slipped 0.01% to end at 61,043.35.

Vodafone Idea (30.6 crore shares), Tata Silver Exchange Traded Fund (13 crore shares), and Eternal (10.3 crore shares) were the most active counters in terms of volume on the NSE.

The advance-decline ratio remained in favour of decliners as over 2,000 stocks advanced while more than 2,100 declined on the BSE.

SecMark Consultancy and Jindal Poly Films were among the seven stocks that jumped more than 15% on the BSE.

On the flip side, Generic Engineering Construction, R M Drip and Sprinklers Systems, and GTPL Hathway were among the eight stocks that fell more than 15% on the BSE.

(This is a developing story. Please check back for fresh updates.)

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stories by Nishant Kumar

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.Nishant, Principal Correspondent – Markets for Livemint, and has been tracking India’s stock markets and economy for a decade. Prior to Mint, he has w...

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