New Delhi, Feb. 20 -- Stock market recap for 19 February

After witnessing some sharp decline on 19 February, the markets are now resolved to hold on to the much hallowed 22800 and survive the intense selling pressure. While the entire market was bracing for a decline, as we mentioned yesterday, the intraday support around 22800 in Nifty continues to hold.

Nifty remained subdued and the inability to stage a good recovery remained at a distant. The rally sell approach is being adopted that continue to hamper the recovery attempts. With the absence of encouraging triggers to we need to tread to move ahead carefully with Nifty as it tries to stabilise the trends ahead.

Concerns have been increasing amongst the Indian market participants as...