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Nifty ends flat on Tuesday

25 Feb 2025 Evaluate

Indian equity benchmark -- Nifty -- failed to protect its early gains and closed in red, as US President Donald Trump's vow that the US tariffs on imports from Canada and Mexico will go forward next week onwards, weighed down the investor sentiments. Market made a cautious start following weakness in global markets, but soon showed positive move, as traders took note of domestic rating agency ICRA’s report stated that Indian companies are likely to clock 7 - 8 percent revenue growth for March quarter. Market remained in positive for the most part of the day. However, in last leg of trade, market erased all of its gains and closed in negative terrain, amid private report stating that the Reserve Bank of India's Monetary Policy Committee (MPC) may deliver interest rate cuts in a measured way and raise liquidity, but it is unlikely to shift its monetary stance from neutral to accommodative as it weighs the implications of the global trade war on financial markets.

Traders were seen piling up positions in Media, Consumer Durables and Auto stocks, while selling was witnessed in Metal, Realty and PSU Bank. The top gainers from the F&O segment were Chambal Fertilizers & Chemicals, Max Healthcare Institute, and Sun TV Network. On the other hand, the top losers were Dr. Lal Path Labs, Can Fin Homes and National Aluminium Company. In the index option segment, maximum OI continues to be seen in the 22600 - 22800 calls and 22500 - 22700 puts indicating this is the trading range expectation.

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