Weekly Market Recap: Bears Took Lead Nifty and Sensex Closed in Red

The week ended Feb 14, 2025, saw the Indian stock market in negative territory, where Nifty 50 closed all 5 sessions in red. During the week, BSE Sensex and Nifty both dropped ~3%, with the highest drop of 1.32% at the closing on February 11, 2025. At the end of the week, i.e., Feb 14, Nifty 50 settled at 22,929.25, down 0.44%, while Sensex dropped 0.26% to 75,939.21.

Roundup of Major News This Week

• The outcome of PM Narendra Modi and US President Donald Trump’s bilateral meeting includes the supply of F-35 Stealth Fighters, Tariffs discussion, immigration and other matters.
• FM Nirmala Sitharaman presented the New Income Tax Bill, 2025, which aims to replace the old Income Tax Act in 2026.

Major Q3FY25 Earnings This Week

• During Q3FY25, Ashok Leyland posted a net profit of ₹762 crore, reflecting a 31% year-on-year (YoY) increase. EBITDA for the quarter stood at ₹1,211 crore.
• For Q3 FY25, Lupin’s gross profit stood at ₹38,970 million, reflecting an increase from ₹33,538 million in Q3 FY24.
• NBCC, a Navratna PSU, reported a 25% YoY increase in its consolidated net profit for the December 2024 quarter (Q3FY25).