Stock Market Today, Feb. 17 -- The correction phase in the markets intensified during the week ending 14 February 2025 as the Benchmark Nifty 50 index ended 2.5% lower week on week at 22,929.25. Bank Nifty at 49,099.45 ended 2.2% lower were top outperformers, while Healthcare, Auto, Realty were the top underperformers. Broader indices also ended sharp 7.4% to 9.4% lower

The current market texture is weak and if the Nifty-50 index breaks the 22800 support zone then it could slip till 22600-22500. On the other side, 23000/ is an important level to watch out. Above 23000 we could see an extension of technical bounce back till 23200 -23300, said Amol Athawale, VP-Technical Research, Kotak Securities.

For Bank Nifty now, 20 day SMA or 49300 ...