Stock Market Highlights: Top Gainers & Losers on February 17, 2025 – Adani Enterprises, Bajaj Finserv Shine; Mahindra & Mahindra, Bharti Airtel Decline
Stock Market Highlights : On February 17, 2025, the Indian stock markets exhibited a mixed performance, with key indices reflecting modest gains amid a backdrop of varied sectoral movements.
Market Overview
The Nifty 50 index concluded the trading session at 22,929.25, marking a slight uptick of 0.13%. Throughout the day, the index oscillated between a high of 22,974.2 and a low of 22,725.45. Similarly, the BSE Sensex experienced a marginal rise of 0.08%, closing at 75,939.21, up by 57.65 points from its opening. The day’s trading range for the Sensex spanned from 75,294.76 to 76,041.96.
Midcap stocks outperformed their large-cap counterparts, with the Nifty Midcap 50 advancing by 0.5%. In contrast, small-cap stocks exhibited subdued momentum; the Nifty Small Cap 100 edged up by a mere 0.04%, settling at 15,407.2.
Top Gainers
Leading the pack of gainers was Adani Enterprises, which saw its share price climb by 3.30%. Bajaj Finserv followed closely with a 2.91% increase, while IndusInd Bank, Power Grid Corporation of India, and Shriram Finance registered gains of 2.33%, 2.27%, and 2.08% respectively.
Bajaj Finserv’s performance was particularly noteworthy. The stock closed at ₹1,892.55, reflecting a 2.83% rise during the session. Despite this gain, it remains 6.72% below its 52-week high of ₹2,029.00, achieved on September 27, 2024. The trading volume for Bajaj Finserv stood at 57,569 shares, below its 50-day average of 72,051 shares.
Top Losers
On the flip side, Mahindra & Mahindra experienced the most significant decline, with its share price dropping by 3.76%. Bharti Airtel also faced downward pressure, shedding 2.42%. Other notable losers included Wipro, Tata Consultancy Services (TCS), and Infosys, which declined by 0.89%, 0.77%, and 0.76% respectively.
The decline in Mahindra & Mahindra’s stock can be attributed to investor reactions to its recent electric vehicle (EV) booking numbers, which, while robust, fell short of market expectations. The stock closed at ₹2,830.35, down 3.75%, and is currently 13.61% below its 52-week high of ₹3,276.30, reached on February 10, 2025.
Sectoral Highlights
The Bank Nifty index ended the day at 49,099.45, after fluctuating between an intraday high of 49,319.0 and a low of 48,525.6. Over the past week, the Bank Nifty has appreciated by 2.39%, though it has seen a marginal decline of 0.84% over the past month. On an annual basis, the index boasts a gain of 9.86%.
In the technology sector, major players like Infosys and TCS witnessed slight declines. Infosys shares dipped by 0.74% to ₹1,842.60, remaining 8.18% below its 52-week high of ₹2,006.80, recorded on December 13, 2024.
Financial Metrics of Key Stocks
Below is a summary of key financial ratios for some of the most active stocks:
| Company | P/E Ratio | P/B Ratio | Dividend Yield (%) |
|---|---|---|---|
| Adani Enterprises | 25.4 | 3.2 | 0.45 |
| Bajaj Finserv | 18.7 | 2.5 | 0.60 |
| Mahindra & Mahindra | 14.3 | 1.8 | 1.20 |
| Bharti Airtel | 20.1 | 2.9 | 0.80 |
| IndusInd Bank | 16.5 | 1.9 | 0.70 |
| Power Grid Corporation of India | 12.8 | 1.5 | 5.50 |
| Shriram Finance | 10.2 | 1.3 | 1.50 |
| Wipro | 19.6 | 3.1 | 1.00 |
| Tata Consultancy Services (TCS) | 28.9 | 6.5 | 1.50 |
| Infosys | 26.3 | 5.8 | 2.00 |
Note: The above financial ratios are indicative and sourced from market data as of February 17, 2025.
Market Sentiment
The overall market sentiment appears cautious, influenced by high stock valuations, muted corporate earnings, and global trade uncertainties. The volatility index spiked by 8% to a two-week high, reflecting increased investor apprehension. Over the past eight sessions, the Nifty has lost 3.2%, underscoring the prevailing bearish sentiment.
In summary, while certain stocks like Adani Enterprises and Bajaj Finserv have demonstrated resilience, the broader market reflects a cautious stance among investors, shaped by both domestic and international economic factors.
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.