Mumbai: The BSE Sensex dropped 312.62 points to 83,921.02 on 12 February 2026, Thursday. The NSE Nifty declined 84.30 points to 25,869.55. The benchmark
equity indices dropped as IT stocks such as Infosys and Tata Consultancy Services recorded heavy losses amid weak cues from US markets. A hike in crude oil prices is also making the investors cautious, analysts noted.
The stocks which declined from the Sensex constituents are: IndiGo, Maruti Suzuki India Sun Pharmaceuticals, HCL Technologies, Eternal, Mahindra & Mahindra, Asian Paints, HDFC Bank, Infosys, Tech Mahindra, Tata Consultancy Services, and Adani Ports.
Gainers from the BSE barometer: Larsen & Toubro, Axis Bank, Bajaj Finance, State Bank of India, Tata Steel, NTPC, Titan, Bharti Airtel, ICICI Bank, and Bharat Electronics Ltd.
Commenting on the decline in the stock market, VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said Tech stocks got hit as they are reeling under the ‘Anthropic shock’ and are unlikely to recover soon.
“The sharp dip in the ADRs of top Indian IT companies in the US on Wednesday, indicates that Indian IT will continue to struggle. The switch from IT to other segments will help performing stocks in performing sectors,” the expert said.
Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and South Korea’s Kospi traded in the positive territory, while Hong Kong’s Hang Seng index traded lower. The US equities market settled closed lower overnight deals on Wednesday.
“The latest US jobs data indicating addition of 1,30,000 jobs last month and unemployment falling to 4.3 per cent points to the possibility of no rate cuts by the Fed in the near-term. In India, too, it appears that the rate cutting cycle is over since growth is good and inflation is expected to inch back to the RBI’s long-term target by the end of FY27,” Vijayakumar added.
Meanwhile, Foreign institutional investors again turned buyers and pumped in Rs 943.81 crore on Wednesday. Interestingly, the domestic institutional investors sold stocks worth Rs 125.36 crore, according to exchange data.
On 11 February, the BSE Sensex dipped 40.28 points to end at 84,233.64, while the broader Nifty inched up 18.70 points to finish at 25,953.85.
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver, crypto assets and commodities like Copper, aluminium.)
