Closing Bell: Sensex, Nifty close flat in volatile trade; IT slumps, auto, pharma outperform

Indian equity indices ended on a flat note in the rangebound session on February 11. At close, the Sensex was down 40.28 points or 0.05 percent at 84,233.64, and the Nifty was up 18.70 points or 0.07 percent at 25,953.85.

We wrap up today's edition of the Moneycontrol live market blog, and will be back tomorrow morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

Nifty traded in a tight sideways range through the session and closed at 25954, up 0.07%. Despite the muted move, the index showed resilience as bulls strongly defended the previous day’s low zone of 25910–25900. On the daily chart, Nifty formed a small-bodied candle with a lower wick, highlighting buying interest at lower levels and continued support-based demand.

On the sectoral front, Nifty Healthcare ended the day as the top gainer with gains of 1.62%, followed by Nifty Auto. On the other hand, Nifty IT ended the day as the top sectoral loser, closing the day 1.5% lower, followed by Nifty Capital Market. With regards to stocks, Eicher Motors & Apollo Hospitals emerged as the top stock gainers amongst the Nifty pack while TCS & Infosys emerged as the top two losers.

The Midcap index formed a thin-bodied candle with a relatively longer lower shadow, indicating buying at lower levels. Importantly, the index has shifted into the leading quadrant from the improving quadrant on the relative rotation setup, suggesting that strength and momentum are returning to the midcap space.

The Smallcap index also printed a thin-bodied candle with a minor lower shadow, reflecting strong buying interest on dips. Immediate resistance is placed near the 100-day EMA around 17500. A sustained move above this level could extend the ongoing pullback rally in the index.

The market breadth was slightly weak as the advance-decline ratio was slightly tilted in the favour of bears at day’s close. A total of 271 stocks out of the Nifty 500 universe ended in the red.

Nifty View

Going ahead, the immediate resistance for Nifty is placed in the 26000–26050 zone. Any sustainable move above this zone could result in Nifty extending its pullback towards 26200, followed by 26400 in the short term. On the downside, the zone of 25850–25800 zone is likely to act as a strong support zone.

Bank Nifty View

Bank Nifty remained in consolidation mode for the third straight session, oscillating within the 60876–60445 range. The 60500–60400 zone continues to act as a strong demand pocket, with buyers repeatedly stepping in near this band. A decisive breakout above or below this range is likely to determine the next directional move.

For Bank Nifty, the immediate resistance is placed in the 61000–61100 zone, making it a strong resistance. Any sustained move above this zone could lead to Index continuing its up move on the upside towards 61400, followed by 61700 in the near term. On the downside, the zone of 60500–60400 zone is likely to act as a strong support.

The index faced resistance at 26,000, resulting in a correction from the day’s high. However, the short-term trend remains positive as it continues to hold above the immediate support at 25,800. A decisive move above 26,000 could trigger further upside toward higher levels. The technical setup remains bullish, with the RSI in a bullish crossover and the index trading above the 20DMA, supporting a positive bias.

Markets traded in a lacklustre manner and ended almost unchanged, taking a breather after the recent surge. After an initial uptick, the Nifty index hovered within a narrow range for most of the session and finally closed at 25,953.85 level. Sectoral trends were mixed, keeping participants engaged, with auto, pharma and realty among the top gainers, while weakness in IT, energy and FMCG stocks restricted any meaningful upside. The broader indices moved largely in line with the benchmark and ended on a flat note, indicating limited participation beyond select pockets.

Sentiment remained cautiously positive amid mixed cues. Investors reacted to favourable earnings announcements from select companies, but muted global signals capped momentum and prevented follow-through buying. Continued foreign institutional activity has also influenced trading behaviour, resulting in a selective and stock-specific approach across sectors.

The pause in the index is largely on expected lines, and some further consolidation may unfold over the coming sessions, though the overall tone is likely to remain positive. Participants should continue to focus on stock selection and use this consolidation phase to accumulate quality names across sectors, except IT, which continues to face pressure. Within the broader market, preference remains for midcap stocks, with selective exposure to smallcaps based on relative strength and risk-reward.

Today, the Indian equity markets ended flat. The Sensex hovered around 84,200, while the Nifty 50 managed to hold just above the 25,900 level. On the sectoral front, autos, pharma and some PSU financials witnessed buying interest. However, weakness in large cap IT stocks and profit booking in recent outperformers limited overall gains.

The government’s OFS in BHEL remained a key focus. Up to 3% stake was offered at a floor price of Rs 254 per share, which was at a discount to the market price. This led to volatility in BHEL and also

created some pressure on sentiment in the broader PSU and capital goods space.

Globally, markets tracked the new US-Bangladesh trade agreement, which could impact competitiveness of Indian textile exporters due to tariff differences.

In the near term, markets may continue to consolidate as investors assess Q3 earnings, the BHEL OFS supply and global trade developments. However, the medium term outlook remains positive, supported by steady domestic growth and institutional flows, with preference for quality banks, consumption and select manufacturing names

Domestic equities may enter a brief consolidation phase following this week’s strong rally driven by the US–India trade deal. Market attention has shifted back to mixed Q3 results, upcoming monthly inflation data, and finer details of the trade agreement, which is reportedly nearing finalisation. Strength in auto and healthcare sectors reflects better than expected earnings, while IT underperformed amid a global sell off linked to AI related volatility.

Broader markets lagged, with Midcap and Smallcap indices posting modest declines.

Globally, sentiment stayed cautious due to weak US retail sales and persistent AI related disruptions, keeping investors risk averse ahead of key US employment data. Meanwhile, domestic markets have begun to benefit from improving FII flows, which have turned positive and is expected continue due to upside in GDP forecast and moderation in India's valuations.

For Gold to hit $6,000 it would mean an increase of roughly 20% from current levels. Such a move usually only occurs in crisis conditions, especially when we have already seen such a strong increase in price over the last 18-24 months. This would require extreme macro conditions. We would need to see a combination of sharp USD weakness, aggressive rate cuts, sustained central bank buying, high inflation fears, and a major geopolitical or financial shock, as gold typically performs best when real interest rates fall and uncertainty rises.

Whilst $6,000 is possible over the long term under current trends such as de-dollarisation, persistent inflation, and reserve diversification, it would be unlikely to be anytime soon unless we see a combination of the factors mentioned or there is significant global disruption.

Indian rupee ended lower at 90.70 per dollar on Wednesday against Tuesday's close of 90.58.

Indian equity indices ended on a flat note in the rangebound session on February 11.

At close, the Sensex was down 40.28 points or 0.05 percent at 84,233.64, and the Nifty was up 18.70 points or 0.07 percent at 25,953.85. About 1882 shares advanced, 2165 shares declined, and 148 shares unchanged.

Eicher Motors, Apollo Hospitals, Max Healthcare, SBI, Maruti Suzuki were among major gainers on the Nifty, while losers included Coal India, TCS, HCL Technologies, Eternal, Infosys.

Nifty midcap and smallcap indices ended flat.

On the sectoral front Auto index jumped 1.3%, PSU Bank and pharma rose 1% each, consumer durables index up 0.5%, while IT index shed 1

#1 Tractor performance expected to remain strong in H1CY26

#2 H2 Performance will depend on the severity of El Niño impact on monsoon

#3 Benefits from Escorts–Kubota combination deferred to FY30 due to delays in greenfield project

#4 Management expects 6 percent domestic tractor industry volume CAGR over next 4–5 years

#5 Potential reduction in state government subsidies could pose a risk to this growth outlook

The company has executed the sale and purchase agreement and related documents with Ace Aviation IX to sale the three Aircraft Frames and Engines at a price of USD 16,000,000.

#1 Strong operating performance in Q3

#2 Company reiterated preference for volume growth over margin expansion

#3 Royal Enfield to increase annual capacity to 2 mn units by FY28 from the current 1.2 mn units

#4 Superior growth trajectory versus industry justifies premium valuation

#5 Management expects demand momentum to continue, though some margin pressure from commodity cost inflation is likely

#1 5 percent EBITDA beat driven by gross margin expansion from price hikes, new launches & operating leverage

#2 200 bps margin improvement remains on track

#3 LFL growth guidance of 5–7 percent maintained despite a high base

#4 Strong confidence in Popeyes growth, one of the best performances seen

#5 Preferred discretionary consumption play

LTIMindtree was quoting at Rs 5,510.00, down Rs 151.00, or 2.67 percent.

It has touched an intraday high of Rs 5,695.50 and an intraday low of Rs 5,502.30.

It was trading with volumes of 9,502 shares, compared to its five day average of 10,058 shares, a decrease of -5.52 percent.

SJVN was quoting at Rs 77.99, up Rs 5.19, or 7.13 percent.

It has touched an intraday high of Rs 77.99 and an intraday low of Rs 71.92.

It was trading with volumes of 1,307,716 shares, compared to its five day average of 382,707 shares, an increase of 241.70 percent.

QIB – 1.47 times

NII - 0.04 times

Retail – 0.70 times

Overall – 0.94 times

QIB – 3.77 times

NII - 0.78 times

Retail – 0.88 times

Employee Reserved - 0.49 times

Overall – 2.35 times

LG Electronics India, Lenskart Solutions, Aarey Drugs & Pharmaceuticals, Amagi Media Labs, Amara Raja Energy & Mobility, AstraZeneca Pharma India, Avanti Feeds, CARE Ratings, Carraro India, Godrej Industries, International Gemmological Institute (India), Max Financial Services, Patanjali Foods, TBO Tek, and Yatra Online will announce their quarterly earnings today.

Avanti Feeds was quoting at Rs 1,190.55, up Rs 58.50, or 5.17 percent.

It has touched a 52-week high of Rs 1,198.

It has touched an intraday high of Rs 1,198 and an intraday low of Rs 1,098.10.

It was trading with volumes of 208,186 shares, compared to its five day average of 326,495 shares, a decrease of -36.24 percent.

Surya Roshni was quoting at Rs 234.55, down Rs 15.00, or 6.01 percent.

It has touched an intraday high of Rs 251.55 and an intraday low of Rs 234.15.

It was trading with volumes of 74,351 shares, compared to its five day average of 15,986 shares, an increase of 365.09 percent.

Market breadth was evenly poised within the Nifty 50, with 27 stocks advancing and 23 declining, as the index traded near 25,942, up just 0.03 percent. However, the broader Nifty 500 reflected weakness beneath the surface, with 285 stocks declining against 211 advances, even as the index remained largely flat.

Lemon Tree Hotels was quoting at Rs 133.80, up Rs 0.90, or 0.68 percent.

It has touched an intraday high of Rs 135.40 and an intraday low of Rs 131.35.

It was trading with volumes of 354,126 shares, compared to its five day average of 251,648 shares, an increase of 40.72 percent.

State Bank of India emerged as the most actively traded stock on the NSE with over 22.2 million shares exchanged, followed by HDFC Bank at nearly 19.9 million shares. BSE Limited, Eicher Motors and Mahindra & Mahindra also saw strong activity on the NSE. On the BSE, Ather Energy topped the volume chart with over 4.1 million shares traded, while ICICI Bank, Larsen & Toubro, SBI and Persistent Systems were among the other most active counters.

Selling pressure intensified in select midcap counters, with Bharat Heavy Electricals plunging over 6 percent to Rs 259, emerging as the top loser on the BSE Midcap index. Premier Energies dropped more than 5 percent, while Torrent Power and Schaeffler India fell around 4-4.5 percent. Escorts Kubota, Brainbees Solutions, Aditya Birla Capital and Hexaware Technologies also traded lower by 2.5-3 percent, weighing on the broader midcap segment.

Buying interest was visible in select midcap names, with Laurus Labs rising over 4.4 percent to Rs 1,008. Kaynes Technology gained more than 4 percent, while Supreme Industries and Nippon Life India Asset Management also advanced around 4 percent each. Astral, Endurance Technologies and Whirlpool of India added gains of 3.5-4 percent, keeping the midcap index supported despite the broader market’s muted tone.

IT stocks weighed on the Sensex, with Tata Consultancy Services declining over 2 percent and Infosys falling around 1.5 percent. HCL Technologies also slipped nearly 1 percent. Among other laggards, ITC, Eternal, Axis Bank and Titan Company traded lower, adding to the downside pressure on the index.

State Bank of India topped the Sensex gainers’ list, rising nearly 4 percent to Rs 1,188. Maruti Suzuki gained about 1.6 percent, while InterGlobe Aviation added over 1 percent. Reliance Industries, Trent and Hindustan Unilever also traded with modest gains.

The broader market remained subdued, with the Nifty Midcap 100 down 0.1 percent and the Nifty Smallcap 100 slipping a similar margin. Meanwhile, India VIX declined over 2 percent to 11.41, indicating easing volatility despite the lack of strong directional momentum.

On the BSE, S&P BSE Auto and S&P BSE Healthcare were among the top sectoral gainers, rising about 1.2 percent each, while S&P BSE Realty and S&P BSE Telecom added modest gains. In contrast, S&P BSE IT slipped over 1.4 percent, emerging as the biggest laggard, with energy, oil & gas and power indices also trading in the red.

Avanti Feeds reported a 10.5 percent year-on-year rise in Q3 net profit to Rs 149.4 crore, compared with Rs 135.2 crore a year ago. Revenue grew 1.3 percent to Rs 1,383 crore from Rs 1,365 crore. EBITDA increased 9.4 percent to Rs 176 crore versus Rs 160.8 crore, while margins expanded to 12.7 percent from 11.8 percent in the year-ago quarter.

The Fractal Analytics IPO was subscribed 1.76 times as of 2:15 pm on Day 3, driven largely by institutional demand. The QIB portion was subscribed 2.77 times, while NIIs subscribed 0.56 times and the retail segment 0.82 times. The employee quota saw 0.41 times subscription at the same time.

JTEKT India was quoting at Rs 154.20, up Rs 2.80, or 1.85 percent.

It has touched an intraday high of Rs 156.10 and an intraday low of Rs 152.00.

It was trading with volumes of 5,500 shares, compared to its five day average of 4,991 shares, an increase of 10.21 percent.

Mrs. Bectors Food Specialities was quoting at Rs 224, down Rs 2.65, or 1.17 percent.

It has touched an intraday high of Rs 227.20 and an intraday low of Rs 221.35.

It was trading with volumes of 25,226 shares, compared to its five day average of 13,256 shares, an increase of 90.29 percent.

The Sensex was down 97.46 points or 0.12 percent at 84,176.46, and the Nifty was down 3.95 points or 0.02 percent at 25,931.20. About 1678 shares advanced, 2112 shares declined, and 142 shares unchanged.

Eicher Motors was quoting at Rs 7,740.75, up Rs 444.50, or 6.09 percent.

It has touched a 52-week high of Rs 7,803.

It has touched an intraday high of Rs 7,803 and an intraday low of Rs 7,496.20.

It was trading with volumes of 153,246 shares, compared to its five day average of 6,642 shares, an increase of 2,207.23 percent.

Amber Enterprises India Limited was quoting at Rs 7,589.15, up Rs 78.90, or 1.05 percent. It has touched an intraday high of Rs 7,649.90 and an intraday low of Rs 7,449.95. It was trading with volumes of 17,026 shares, compared to its five day average of 26,514 shares, a decrease of -35.79 percent.

In the previous trading session, the share closed up 6.63 percent or Rs 466.85 at Rs 7,510.25.

The share touched a 52-week high of Rs 8,625.00 and a 52-week low of Rs 5,238.45 on 29 October, 2025 and 18 February, 2025, respectively. Currently, the stock is trading 12.01 percent below its 52-week high and 44.87 percent above its 52-week low. Market capitalisation stands at Rs 26,692.59 crore.

Ashok Leyland was quoting at Rs 212.90, up Rs 3.20, or 1.53 percent.

It has touched a 52-week high of Rs 215.35.

It has touched an intraday high of Rs 215.35 and an intraday low of Rs 208.45.

#1 Reported in-line sales, as indicated earlier through business updates

#2 EBITDA margin increased by 109 bps YoY, beating estimates by 79 bps

#3 Gross margin improved sequentially by 52 bps due to calibrated price increases, margin-accretive product launches

#4 Sales per store remained flat YoY

#5 Domino’s India LFL growth was 5 percent, while Popeyes LFL growth was in high double digits

Jubilant Foodworks was quoting at Rs 541.10, down Rs 12.65, or 2.28 percent.

It has touched an intraday high of Rs 573.10 and an intraday low of Rs 540.10.

It was trading with volumes of 476,134 shares, compared to its five day average of 67,985 shares, an increase of 600.35 percent.

#1 Standalone sales grew 40 percent YoY

#2 Jewellery standalone sales rose 42 percent YoY

#3 Jewellery business margin largely in-line with market expectations

#4 Absolute jewellery business EBIT was 18 percent ahead of estimates

Titan Company was quoting at Rs 4,228.80, down Rs 38.25, or 0.90 percent.

It has touched a 52-week high of Rs 4,379.95.

It has touched an intraday high of Rs 4,379.95 and an intraday low of Rs 4,209.40.

It was trading with volumes of 146,147 shares, compared to its five day average of 45,901 shares, an increase of 218.40 percent.

Indian rupee is trading lower at 90.66 per dollar versus previous close of 90.58.

LG Electronics India, Lenskart Solutions, Ashok Leyland, Aarey Drugs & Pharmaceuticals, Amagi Media Labs, Amara Raja Energy & Mobility, AstraZeneca Pharma India, Avanti Feeds, CARE Ratings, Carraro India, Godrej Industries, International Gemmological Institute (India), Max Financial Services, Patanjali Foods, TBO Tek, and Yatra Online will announce their quarterly earnings today.

QIB – 0.47 times

NII - 0.03 times

Retail – 0.65 times

Overall – 0.38 times

KM Birla has bought 7.83 crore shares since January 30, 2026

Vodafone Idea was quoting at Rs 11.69, up Rs 0.21, or 1.83 percent.

It has touched an intraday high of Rs 11.73 and an intraday low of Rs 11.44.

It was trading with volumes of 39,067,551 shares, compared to its five day average of 32,936,707 shares, an increase of 18.61 percent.

QIB – 2.27 times

NII - 0.47 times

Retail – 0.78 times

Employee Reserved - 0.33 times

Overall – 1.46 times

Man Infraconstruction was quoting at Rs 116.70, down Rs 7.10, or 5.74 percent.

It has touched an intraday high of Rs 125.55 and an intraday low of Rs 116.20.

It was trading with volumes of 30,706 shares, compared to its five day average of 15,262 shares, an increase of 101.20 percent.

Juniper Hotels was quoting at Rs 257.25, up Rs 0.60, or 0.23 percent.

It has touched an intraday high of Rs 274.00 and an intraday low of Rs 254.95.

It was trading with volumes of 54,565 shares, compared to its five day average of 13,383 shares, an increase of 307.72 percent.

#1 Underlying pre-Ind AS EBITDA margins expanded to a nine-quarter high

#2 Margin expansion is encouraging as it occurred despite moderation in LFL growth, addressing a key investor concern

#3 Delivery continued to gain traction, while dine-in performance requires attention

#4 Management guided for 5–7 percent LFL growth, around 15 percent topline growth & continued margin expansion

Jubilant Foodworks was quoting at Rs 544.30, down Rs 9.45, or 1.71 percent.

It has touched an intraday high of Rs 573.10 and an intraday low of Rs 540.10.

It was trading with volumes of 465,028 shares, compared to its five day average of 67,985 shares, an increase of 584.01 percent.

Igarashi Motors was quoting at Rs 390.90, down Rs 21.10, or 5.12 percent.

It has touched an intraday high of Rs 417.20 and an intraday low of Rs 390.

It was trading with volumes of 3,136 shares, compared to its five day average of 2,524 shares, an increase of 24.26 percent.

In the previous trading session, the share closed down 0.46 percent or Rs 1.90 at Rs 412.00.

The share touched a 52-week high of Rs 665.45 and a 52-week low of Rs 355 on 06 August, 2025 and 21 January, 2026, respectively.

Currently, the stock is trading 41.26 percent below its 52-week high and 10.11 percent above its 52-week low.

Market capitalisation stands at Rs 1,230.36 crore.

#1 Standalone EBITDA margin above estimates

#2 Gross margin improved due to richer mix

#3 Positive outlook on near-term growth driven by strong domestic demand, premiumisation trend & refresh launches

#4 Optimistic on CV cycle, benefiting VE commercial vehicles

The Sensex was down 99.83 points or 0.12 percent at 84,174.09, and the Nifty was down 12.85 points or 0.05 percent at 25,922.30. About 1603 shares advanced, 2126 shares declined, and 152 shares unchanged.

G R Infraprojects has emerged as L-1 bidder for a project of construction of new railway line from Km 124/400 to 165/380 in between Bahari and Gondawali stations including Earthwork, Minor bridges, Major Bridges, Important Bridges, Viaduct, ROB (RCC Box Type), RUB/LHS, Station building, Tunnels, Track work and other miscellaneous works in connection with Sidhi- Singrauli new Rail link project in the State of Madhya Pradesh.

G R Infraprojects was quoting at Rs 981, down Rs 17.25, or 1.73 percent.

It has touched an intraday high of Rs 1,000.70 and an intraday low of Rs 980.05.

It was trading with volumes of 833 shares, compared to its five day average of 3,462 shares, a decrease of -75.94 percent.

LG Electronics India, Lenskart Solutions, Ashok Leyland, Aarey Drugs & Pharmaceuticals, Amagi Media Labs, Amara Raja Energy & Mobility, AstraZeneca Pharma India, Avanti Feeds, CARE Ratings, Carraro India, Godrej Industries, International Gemmological Institute (India), Max Financial Services, Patanjali Foods, TBO Tek, and Yatra Online will announce their quarterly earnings today.

#1 Profit stands at Rs 11.2 crore Vs loss of Rs 23.8 crore, YoY

#2 Revenue grows 11.1 percent to Rs 2,715.8 crore Vs Rs 2,444.6 crore, YoY

TVS Supply Chain Solutions was quoting at Rs 122.92, up Rs 15.08, or 13.98 percent.

It has touched an intraday high of Rs 123.81 and an intraday low of Rs 111.03.

It was trading with volumes of 2,290,432 shares, compared to its five day average of 82,870 shares, an increase of 2,663.87 percent.

In the previous trading session, the share closed up 2.10 percent or Rs 2.22 at Rs 107.84.

The share touched a 52-week high of Rs 160.00 and a 52-week low of Rs 92.40 on 13 February, 2025 and 27 January, 2026, respectively.

Currently, the stock is trading 23.18 percent below its 52-week high and 33.03 percent above its 52-week low.

Market capitalisation stands at Rs 5,422.98 crore.

#1 Profit drops 34.8 percent to Rs 97 crore Vs Rs 148.9 crore, YoY

#2 Revenue declines 7.3 percent to Rs 2,975.8 crore Vs Rs 3,211.1 crore, YoY

#3 Exceptional loss stands at Rs 76.51 crore Vs Nil, YoY

#4 Other income dips to Rs 49.7 crore Vs Rs 121.17 crore, YoY

Afcons Infrastructure was quoting at Rs 339.65, down Rs 5.80, or 1.68 percent.

It has touched an intraday high of Rs 339.65 and an intraday low of Rs 328.25.

#1 Profit sinks 76 percent to Rs 4.6 crore Vs Rs 19.2 crore, YoY

#2 Revenue falls 16.8 percent to Rs 250.5 crore Vs Rs 301.1 crore, YoY

Som Distilleries and Breweries was quoting at Rs 87.31, down Rs 8.72, or 9.08 percent.

It has touched an intraday high of Rs 89.63 and an intraday low of Rs 85.35.

It was trading with volumes of 149,389 shares, compared to its five day average of 35,638 shares, an increase of 319.19 percent.

Most of Gold and Silver ETFs in Indian market have rebounded after its recent fall from their all-time high levels. Gold ETFs have rebounded to 50% of Fib. Retracement level of its recent fall and consolidating since past couple of sessions. Here, we can also observe that most of ETFs are continued to sustain over their respective 50-DEMA level like Mirae Asset Gold ETF sustained 139.55, GoldBees sustained over 118.68 and CHOICEGOLD managed to hold over 141.90. These are the crucial support areas of these ETFs. Since Gold price in India is holding its breadth over 150,000 level, we may expect Sideways-to-Bullish momentum in Gold ETFs.

Since Gold is outperforming the Silver price in past few sessions after panic fall in International and Indian market, Silver ETFs are also underperforming compared to Gold ETFs. Unlike Gold ETFs, most of ETFs have not rebounded much after a fall. Looking at technical charts of most of Silver ETFs, we can observe that prices have rebounded to 23% of Fib. Retracement level so far. SilverBees have started trading over its 50-DEMA level placed at 233.15. At current condition, Silver ETFs may remain sluggish in its moderately bullish trend.

#1 Profit soars 14.6 percent to Rs 94 crore Vs Rs 82 crore, YoY

#2 Revenue grows 6.1 percent to Rs 1,419.6 crore Vs Rs 1,338 crore, YoY

#3 Tax expenses decline to Rs 24.2 crore Vs Rs 34.8 crore, YoY

Divis Laboratories was quoting at Rs 6,264.30, up Rs 91.60, or 1.48 percent.

It has touched an intraday high of Rs 6,313.75 and an intraday low of Rs 6,121.10.

It was trading with volumes of 12,671 shares, compared to its five day average of 33,069 shares, a decrease of -61.68 percent.

ITC was quoting at Rs 317.25, down Rs 4.10, or 1.28 percent.

It has touched an intraday high of Rs 322.30 and an intraday low of Rs 316.50.

It was trading with volumes of 519,823 shares, compared to its five day average of 2,803,138 shares, a decrease of -81.46 percent.

#1 Profit drops 8.1 percent to Rs 243 crore Vs Rs 264.5 crore, YoY

#2 Revenue increases 9.1 percent to Rs 872.9 crore Vs Rs 800.2 crore, YoY

#3 Labour code impact stands at Rs 30 crore Vs Nil, YoY

EIH was quoting at Rs 337.20, down Rs 9.60, or 2.77 percent.

It has touched an intraday high of Rs 348.85 and an intraday low of Rs 337.10.

It was trading with volumes of 33,924 shares, compared to its five day average of 1,216,891 shares, a decrease of -97.21 percent.

#1 Profit zooms 148.2 percent to Rs 207 crore Vs Rs 83.4 crore, YoY

#2 Revenue jumps 37.2 percent to Rs 656.3 crore Vs Rs 478.4 crore, YoY

HEG was quoting at Rs 534.50, down Rs 26.70, or 4.76 percent.

It has touched an intraday high of Rs 598.50 and an intraday low of Rs 529.20.

It was trading with volumes of 1,299,797 shares, compared to its five day average of 61,375 shares, an increase of 2,017.80 percent.

Asian equities climbed to a record and the dollar declined ahead of Wednesday’s US jobs report after weak retail sales reinforced bets that the Federal Reserve will cut interest rates later this year.

Info Edge India was quoting at Rs 1,176.20, down Rs 17.05, or 1.43 percent. It has touched an intraday high of Rs 1,207.30 and an intraday low of Rs 1,173.85. It was trading with volumes of 1,053,178 shares, compared to its five day average of 43,155 shares, an increase of 2,340.48 percent.

In the previous trading session, the share closed up 1.28 percent or Rs 15.10 at Rs 1,193.25.

The share touched a 52-week high of Rs 1,566.57 and a 52-week low of Rs 1,118.80 on 21 February, 2025 and 06 February, 2026, respectively. Currently, the stock is trading 24.92 percent below its 52-week high and 5.13 percent above its 52-week low. Market capitalisation stands at Rs 76,267.23 crore.

#1 Profit rises 2.5 percent to Rs 290.8 crore Vs Rs 283.6 crore, YoY

#2 Net interest income dips 0.1 percent to Rs 792.1 crore Vs Rs 792.8 crore, YoY

#3 Provisions & contingencies increase 13.2 percent to Rs 94.9 crore Vs Rs 83.8 crore, YoY

#4 Gross NPA falls to 3.32 percent Vs 3.33 percent, QoQ

#5 Net NPA declines to 1.31 percent Vs 1.35 percent, QoQ

Karnataka Bank was quoting at Rs 204.10, down Rs 1.55, or 0.75 percent.

It has touched an intraday high of Rs 206.75 and an intraday low of Rs 197.60.

It was trading with volumes of 125,948 shares, compared to its five day average of 169,012 shares, a decrease of -25.48 percent.

#1 Q3 EBITDA margin ahead of estimate

#2 Revenue grew 13.5 percent YoY, supported by organic & inorganic growth & favourable forex movement

#3 Gradual ramp-up in consumer durables & aerospace business expected to drive 12 percent organic CAGR over FY26–28

#4 Potential free cash flow generation of Rs 7,600 crore provides scope for greenfield projects & M&A

#5 Weak macro environment in Europe & the US remains a key headwind

The company has received a purchase order worth of Rs 122.58 crores (Excl. Taxes) from M/s. NewSpace India for supply of S/X-band with Ka-band ready full motion Antennas.

Avantel was quoting at Rs 157.40, up Rs 6.85, or 4.55 percent.

It has touched an intraday high of Rs 161.90 and an intraday low of Rs 149.20.

It was trading with volumes of 173,310 shares, compared to its five day average of 73,091 shares, an increase of 137.12 percent.

QIB – 0.47 times

NII - 0.03 times

Retail – 0.61 times

Overall – 0.37 times

#1 Strong PAT growth driven by rising gold prices, higher loan-to-value ratios & operating leverage

#2 FY26–28 PAT estimates upgraded by 4–9 percent on higher loan growth

#3 Manappuram Finance: keeps ‘hold’ rating, target price at Rs 305

#4 Muthoot Finance: keeps ‘outperform’ rating, target price raised to Rs 4,500

Manappuram Finance was quoting at Rs 308.80, up Rs 0.05, or 0.02 percent. It has touched an intraday high of Rs 311.10 and an intraday low of Rs 306.

Muthoot Finance was quoting at Rs 3,932.35, up Rs 48.55, or 1.25 percent. It has touched an intraday high of Rs 3,949.00 and an intraday low of Rs 3,896.75.

Indian rupee is trading flat at 90.57 per dollar against Tuesday's close of 90.58.

Mahindra and Mahindra was quoting at Rs 3,716.55, up Rs 41.15, or 1.12 percent.

It has touched an intraday high of Rs 3,786.00 and an intraday low of Rs 3,679.20.

It was trading with volumes of 102,030 shares, compared to its five day average of 78,071 shares, an increase of 30.69 percent.

The Sensex was down 4.11 points at 84,269.81, and the Nifty was up 17.30 points or 0.07 percent at 25,952.45. About 1641 shares advanced, 1987 shares declined, and 169 shares unchanged.

QIB – 0.08 times

NII - 0.36 times

Retail – 0.73 times

Employee Reserved - 0.27 times

Overall – 0.27 times

Since Jul’25, only Oct’25 witnessed net FII inflow. Jan’26 in fact, witnessed sharpest outflow of Rs 333 billion since Aug’25.

FMCG, healthcare and consumer services saw highest outflows in Jan’26.

IT is another sector that has been broadly experiencing outflows since Apr’25 except for minor inflows in Jun’25 and Dec’25.

Metals & Mining has witnessed sharpest inflow of Rs115.3bn in Jan’26.

#1 Q3 EBITDA & PAT grew 25–30 percent YoY, in-line with estimates

#2 Royal Enfield volumes rose 21 percent YoY, while EBITDA margin expanded 170 bps QoQ to a six-quarter high

#3 RE volume growth accelerated to 25 percent YTD FY26, with capacity expansion of 67 percent over two years

#4 Expect RE to benefit from rising 2W demand & premiumisation, competitive & margin headwinds are largely behind

#5 FY27–28 EPS raised by 3–4 percent

#1 Profit soars 35.2 percent to Rs 643.1 crore Vs Rs 475.7 crore, YoY

#2 Revenue rises 4.3 percent to Rs 6,777.9 crore Vs Rs 6,499.4 crore, YoY

Torrent Power was quoting at Rs 1,397.25, down Rs 86.05, or 5.80 percent.

It has touched an intraday high of Rs 1,489.35 and an intraday low of Rs 1,395.00.

It was trading with volumes of 90,609 shares, compared to its five day average of 37,498 shares, an increase of 141.64 percent.

#1 Q3 volume growth improved, sales were largely in-line & margin beat expectations

#2 Gross profit margin above forecast of 42 percent, driven by benign input costs

#3 Gross profit grew 18 percent YoY, adjusted EBITDA grew 16 percent, well above estimate of 13.9 percent

Britannia Industries was quoting at Rs 6,071.10, up Rs 197.40, or 3.36 percent.

It has touched an intraday high of Rs 6,153.95 and an intraday low of Rs 5,972.85.

It was trading with volumes of 16,459 shares, compared to its five day average of 8,795 shares, an increase of 87.14 percent.

Among the most active stocks outside the Sensex and Nifty pack, Ather Energy traded higher by about 0.8 percent with over 4.1 million shares changing hands on the BSE. Persistent Systems slipped around 2 percent. On the other hand, BSE Limited declined nearly 0.7 percent on strong volumes on the NSE. Meanwhile, Billionbrains Garage Ventures -- the parent of Groww -- rose about 4.8 percent, emerging as one of the most actively traded counters on the NSE with over 55 million shares exchanged.

Jio Financial Services said it has introduced a platform offering fixed deposits from a diverse set of banks and NBFCs, expanding its suite of digital financial products. The company said the platform will aggregate deposit options across institutions, enabling customers to compare and invest through a single interface.

The broader market stayed subdued, with the Nifty Midcap 100 and Nifty Smallcap 100 both slipping about 0.2 percent. Meanwhile, India Vix fell over 2 percent to around 11.4, indicating easing volatility despite the softer market tone.

Sectorally, Nifty Auto outperformed with gains of over 2 percent, while Nifty Pharma and FMCG traded mildly higher. In contrast, Nifty IT and Nifty Energy declined around 0.7-0.8 percent, and metals also remained under pressure.