Marketing Highlights
Summary of the Market
On February 18, the benchmark Nifty Index fell by 0.06% to close at 22945.3. The Nifty Midcap150 Index fell by 0.18% to close at 18375.8. The Nifty Smallcap250 Index fell by 1.38% to close at 14268.0. The Nifty Total Market Index fell by 0.26% to close at 11579.2.The 10yr yield fell by 1 bps to close at 6.7%. The rupee lost 0.09% to close at 86.96 against the US Dollar.
Important Notables
- India-UAE bilateral trade rose 21.35% to USD 80.51 billion during April-January this fiscal, according to commerce ministry data, reports ET.
- Qatar has committed to investing $10 billion in India, strengthening bilateral economic ties, reports ET.
- India’s urban unemployment rate held steady at 6.4% in Q3 of the current fiscal, reports ET.
- The commerce department may request additional funds to support MSME exporters, reports BS.
- BSNL’s loss for the nine months ending December 2024 decreased by ₹782 crore after financial revisions, says the auditor, reports FE.
- FIIs became net buyers of shares worth ₹4,786 crore, surpassing DIIs, who net bought ₹3,072 crore, according to provisional data, reports Moneycontrol.
- NHPC Ltd, India’s largest hydropower producer, plans to commission 2,170 MW of hydro projects by the end of FY26, reports Moneycontrol.
- Bharti Airtel has enhanced its undersea cable network by landing the SEA-ME-WE 6 system in India, reports ET.
