Indian Benchmarks Rebound as Banks Surge, Pharma Stocks Retreat

Indian stock markets staged a recovery on Wednesday, February 19, 2025, with the BSE Sensex gaining 190 points to 76,157 and the Nifty 50 rising to 23,000 levels. The rebound was led by strong performance in the banking sector, which offset losses in pharmaceutical stocks. HDFC Bank, ICICI Bank, and SBI were among the top gainers, while Dr. Reddy's and Sun Pharma faced selling pressure. The broader market also showed strength, with the BSE Midcap and Smallcap indices rallying. Investors remain cautious ahead of the Federal Reserve's January meeting minutes release later today.

 

Source: Moneycontrol, NDTV Profit, Economic Times