Taking Stock: Market ends flat amid choppy session; IT stocks under pressure

Market Today

• Sensex ended down 40 points, Nifty up 18 points in a volatile session
• Auto, pharma, and PSU Bank stocks gained, IT sector declined 1.7 percent
• Eicher Motors surged 6.5 percent after Q3 profit rose 21 percent

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In a volatile trading session on February 11, Indian benchmark indices ended largely unchanged, as gains in auto, pharma, and PSU Bank stocks offset weakness in IT shares.

Amid mixed global cues, the market opened on a positive note, with the Nifty reclaiming the 26,000 mark in the initial hour. However, the index traded within a narrow range for the rest of the session as investors remained cautious ahead of Wednesday’s US jobs report.

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.

Nifty midcap and smallcap indices ended flat.

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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 1.7%.

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.

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Index	Prices	Change	Change%
Sensex	74,563.92	-1,470.50	-1.93%
Nifty 50	23,151.10	-488.05	-2.06%
Nifty Bank	53,757.85	-1,343.10	-2.44%

Nifty 50 23,151.10 -488.05 (-2.06%)

Fri, Mar 13, 2026

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
TATA Cons. Prod	1,083.60	25.80	+2.44%

Biggest Loser	Prices	Change	Change%
Larsen	3,439.00	-280.50	-7.54%

Best Sector	Prices	Change	Change%
Nifty FMCG	47924.15	-265.00	-0.55%

Worst Sector	Prices	Change	Change%
Nifty Metal	11292.50	-571.40	-4.82%

In stock specific actions, Eicher Motors shares added 6.5% ad Q3 consolidated profit rises 21%, Britannia Industries share price rose 2.6% after Q3 profit rises 17%, Apollo Hospitals Enterprise share price rose 4% after Q3 profit rises 35%, Tata Motors Commercial Vehicle share price gained 3% after Indonesian subsidiary bags order, Gujarat Narmada Valley Fertilizers & Chemicals shares slipped 2% as Q3 profit declines, MIC Electronics shares rose 2% on bagging order, Avantel shares jumped 2% on order win of Rs 122.58 crore.

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More than 120 stocks touched their 52-week highs, including Eicher Motors, Samvardhana Motherson International, Force Motors, Ashok Leyland, SBI, Indus Towers, APL Apollo, KEI Industries, Max Financial, SAIL, Torrent Pharma, Bharat Forge, Nykaa, Titan Company, Grasim Industries, MRPL, among others. Click to View More

Outlook for February 12

Rupak De, Senior Technical Analyst at LKP Securities

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.

Ajit Mishra – SVP, Research, Religare Broking

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.

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