Indices continue to decline; SENSEX drops 400 points, NIFTY50 falls below 22,300

The domestic stock market continued its downward trajectory on Tuesday, February 18, 2025. By 10:34 AM, the S&P BSE SENSEX was trading at 75,623.40, showing a drop of 373.46 points, or 0.49%. The NSE's NIFTY50 index was down 133.30 points, or 0.58%, settling at 22,826.20. While the market was experiencing a broad-based sell-off, certain sectors and stocks were feeling the heat more than others.

Market sentiment and sector performance

On the NIFTY50, a total of 36 stocks declined, while only 14 managed to stay in the green. The biggest losers included Tata Steel Limited, Grasim Industries Limited, Bharat Electronics Limited, IndusInd Bank Limited, and UltraTech Cement Limited. The BSE Industrials index was also one of the worst-hit, trading down by 1.18%. However, the BSE Information Technology index defied the trend, rising by 0.77%. Notably, Tech Mahindra Limited, Wipro Limited, Apollo Hospitals Enterprise Limited, Maruti Suzuki India Limited, and Infosys Limited were among the few stocks that bucked the downward trend, providing some relief for the broader market.

If you're looking to buy shares online, this period of market volatility presents both challenges and opportunities. Despite the broader market losses, certain sectors, like technology, still offer potential growth. As the stock market dips, savvy investors may find opportunities to pick up stocks at lower prices, especially those in the IT sector, which continues to show resilience.

Stocks in focus: TVS and Zen Technologies

Some stocks have been making headlines amid the broader market turmoil. TVS Supply Chain Solutions Limited (TVS SCS) saw a remarkable surge, with its shares up by around 6%, trading at ₹135.21 on the NSE. TVS SCS, a global leader in supply chain management, continues to thrive, catering to international organisations across diverse industries.

In contrast, Zen Technologies Limited, a small-cap company in the aerospace and defence sector, faced a tough day. The company's stock price has been on a downtrend, losing nearly 54% in the past 30 days. After the release of its disappointing Q3 FY25 results, shares were down by over 9% in early Tuesday trading.

Foreign institutional investors (FIIs) were also actively selling, offloading equities worth ₹3,937.83 crores on Monday. This large-scale selling added pressure to the already strained market sentiment.

Summing up

Tuesday's market movement reflects ongoing bearish sentiment. The BSE SENSEX was down 400 points, and the NSE NIFTY50 was below 22,300, weighed down by industrials and other sectors. While many stocks were in the red, TVS Supply Chain Solutions stood out, rising significantly. 

As of 12:50 PM on February 18, 2025, TVS Supply Chain Solutions was trading at ₹133.34, continuing its growth despite broader market losses. For those looking to buy shares online, it's important to focus on current market volatility and identify resilient sectors like IT and supply chain management. This will help them seize opportunities in these promising sectors despite the overall downturn.