Stock market today: Sensex, Nifty 50 sustain above crucial supports. Is this the beginning of the end for bears?

The Indian stock market showed resilience on Wednesday, February 19, 2025, with the Sensex up 249.38 points at 76,216.77 and Nifty gaining 55 points to reach 23,000.30. This positive movement comes after a period of volatility, with the indices posting negative closes in 9 out of the last 10 sessions. Despite opening lower, both indices recovered by midday, with BEL, L&T, and Trent leading the gains. Analysts suggest that while the overall sentiment remains subdued, the market's ability to sustain above crucial support levels could indicate a potential trend reversal. However, investors remain cautious due to global trade uncertainties and stretched valuations.

 

Source: MoneyControl, Economic Times, Times of India