Stock market today, Feb. 17 -- The domestic benchmark indices, Nifty 50 and Sensex, experienced a drop on Monday as investor sentiment remained subdued due to elevated stock valuations, weak corporate earnings, and uncertainty in global trade.

As of 11:53 IST, the Nifty 50 decreased by 0.38% to 22,842.60, while the Sensex fell by 0.33% to 75,685.25. The volatility index surged by 8% to reach its highest point in two weeks.

The Nifty 50 has declined by 3.2% over the past eight sessions, with analysts pointing to a mix of factors such as slowing earnings, high valuations across broader markets, and concerns regarding US tariffs as contributing to the decline.

Analysts noted that the market drop is linked to ongoing selling pressure from ...