market-summery-19feb

Summary of the Market

On ​​February ​​18, the benchmark Nifty Index ​f​ell 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.

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