Nifty 50, Sensex Today: What to Expect from the Indian Stock Market on February 20, 2025
Sensex Today : As we approach the trading session on Thursday, February 20, 2025, the Indian stock market is poised for a cautious opening. Benchmark indices, the Nifty 50 and the Sensex, are expected to open lower, influenced by subdued trends in Asian markets and prevailing investor wariness.
Pre-Market Indicators
- The Gift Nifty was trading around 22,900, reflecting a discount of nearly 64 points from the Nifty futures’ previous close.
- This suggests a negative bias for the upcoming session.
Previous Session Recap
- Sensex: Fell 28.21 points to close at 75,939.18.
- Nifty 50: Dropped 12.40 points to settle at 22,932.90.
- Market breadth was positive for the first time in nine sessions, with an advance-decline ratio of 2.44 on the BSE—the highest since January 29, 2025.
Market Sentiment and Economic Indicators
Key Market Trends
- The Nifty 50 has declined 13% since its peak in September 2024.
- Corporate earnings growth has slowed, with Nifty 50 companies reporting just a 5% increase in profits for Q3 (October-December 2024).
- India’s economic growth is expected to slow to 6.4% for the fiscal year, a four-year low.
- Foreign investors have offloaded $25 billion in Indian stocks since September 2024.
Technical Analysis and Predictions
Nifty 50 Outlook
- Support Levels: 22,800 and 22,500 (highest Put Open Interest).
- Resistance Levels: 23,100 and 23,500 (highest Call Open Interest).
Expert Insights
✅ Vinay Rajani, Senior Analyst, HDFC Securities:
- “Nifty 50 must surpass 23,000 (5-day EMA) to show signs of reversal.”
- “A breakout above 23,100 could push the index towards 23,235.”
- “On the downside, falling below 22,725 may resume the downtrend.”
✅ Om Mehra, Technical Analyst, SAMCO Securities:
- “The Nifty 50 breached 23,049.95 intraday, indicating a shift in momentum.”
- “The 9 EMA at 23,150 is a major hurdle; a decisive close above could signal strength.”
- “Market volatility has declined (India VIX below 16), and breadth is improving.”
- Support: 22,780, Resistance: 23,150 and 23,250.
✅ VLA Ambala, Co-Founder, Stock Market Today:
- “Nifty 50 has formed a High Wave Doji candlestick pattern on the daily chart.”
- “Expect support between 22,705 – 22,620, with resistance at 23,080 – 23,170.”
Bank Nifty Outlook
The Bank Nifty showed strong gains in the last session:
- Closed at: 49,570.10 (+482.80 points, +0.98%)
- Formed a Bullish Engulfing Pattern → Strengthening positive outlook
Expert Insights
✅ Om Mehra, Technical Analyst, SAMCO Securities:
- “Bank Nifty is hovering near the 20 EMA, with the 50 EMA at 50,000.”
- “A breakout above 50,000 could trigger bullish momentum.”
- “Daily RSI at 50 shows improving strength; MACD is close to a positive crossover.”
- Support: 49,000, Resistance: 50,100 and 50,550.
Key Financial Ratios
| Index | P/E Ratio | P/B Ratio | Dividend Yield (%) |
|---|---|---|---|
| Nifty 50 | 20.5 | 3.2 | 1.5% |
| Bank Nifty | 18.7 | 2.5 | 1.8% |
📌 P/E Ratio: Price-to-Earnings Ratio | P/B Ratio: Price-to-Book Ratio
Conclusion
As the Indian stock market navigates uncertain economic conditions and global trends, investors should remain cautious.
- Key Resistance Levels: 23,100 (Nifty 50), 50,000 (Bank Nifty)
- Key Support Levels: 22,800 (Nifty 50), 49,000 (Bank Nifty)
- Volatility (India VIX) is easing, suggesting a potential recovery.
Investors should monitor key technical levels and macroeconomic factors to make informed decisions. 📊📈
This version makes the article more structured, engaging, and SEO-friendly, increasing its chances of ranking well on Google.
For more market insights, follow our news.
Stay tuned for more updates and insights on the stock market! For more insights on investing in the Indian stock market, check out resource like ET, NSE India.
Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.