The trends on Gift Nifty also indicate a mildly negative start for the Indian benchmark index. The Gift Nifty was trading around 22,995 level, a discount of nearly 30 points from the Nifty futures’ previous close.

The stock market fell into the red for the second consecutive time this week after opening on Tuesday, February 18, 2025, as PSU bank, oil & gas, and consumer durables stocks fell. At 9:20 am IST, the benchmark BSE Sensex was down 110.

The Nifty 50 and Sensex indices extended their losing streak on February 17, marking the ninth consecutive session of declines.