HomeNewsVideosBusinessMarketsLive: Crucial For Nifty To Defend 22,800; Midcaps Poised For Further Meltdown?| Opening Bell

Live: Crucial For Nifty To Defend 22,800; Midcaps Poised For Further Meltdown?| Opening Bell

Bears gained more strength on February 11 with the Nifty testing the 23,000 mark. The index plunged 1.3 percent on US tariff concerns with all the sectors deep in the red. Mid & smallcaps fared worse with cuts of over 3 percent. Nifty Realty index has entered the bear market with a 26 percent drop from its all-time high. This Morning the global cues are mixed but the GIFT Nifty is signalling a positive start. Vodafone Idea, TVS Motor, IRCTC, Berger Paints are among the stocks to watch today. Global index provider MSCI Inc. has announced changes to its indices as part of the February 2025 review, with adjustments set to take effect after market close on February 28. Hyundai Motor India Ltd. has been added to the MSCI Global Standard Indexes, making it the only Indian large-cap stock included in this review. Meanwhile, Adani Green Energy Ltd. has been removed from the index. Among the top weight increases in the MSCI Standard Indexes, IndusInd Bank, Zomato, Varun Beverages, Mankind Pharma, Torrent Pharmaceuticals, Dixon Technologies, PB Fintech, Adani Enterprises, and Voltas joined Hyundai India in the top ten. Catch Nandita Khemka in conversation with Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives) at Axis Securities and Prakash Diwan, Market Expert

February 12, 2025 / 08:58 IST
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Moneycontrol News
first published: Feb 12, 2025 08:58 am

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