Sensex, Nifty Fall on Tech Sell-Off Over AI Concerns
Benchmark indices Sensex and Nifty dropped sharply on Thursday, led by a sell-off in technology stocks due to global uncertainty and AI-led disruption worries in IT services.
Benchmark indices Sensex and Nifty dropped sharply on Thursday, led by a sell-off in technology stocks due to global uncertainty and AI-led disruption worries in IT services.
The BSE Sensex dropped sharply by 558.72 points, closing at 83,674.92, with intraday losses reaching 717 points, driven by significant selling pressure in IT stocks.
A stock trading under Rs 100 has surged in market focus following the announcement of a significant Rs 73 crore contract win, with investors eyeing potential growth opportunities in the small-cap segment.
Sebi Chairman Tuhin Kanta Pandey announces initiatives to lower capital costs, reduce regulatory burdens, and address recent depository glitches to enhance India's market competitiveness.
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RecommendedSilver futures contracts experienced a significant drop of Rs 3,055, settling at Rs 25,996 per kilogram on the Multi Commodity Exchange, driven by reduced demand and global economic factors.
Auto sector stocks witnessed a significant rally following a 297% surge in third-quarter profits, as reported by major companies. The broader market remains volatile, with investors closely monitoring economic indicators and sectoral performance.
An FMCG stock witnessed a sharp decline following a gap-up opening, despite delivering an impressive 330% return over the past year. Market analysts are closely monitoring the share price movement.
Foreign Portfolio Investors are making a cautious comeback to Indian equities, driven by reduced uncertainty around the India-US trade agreement. While January 2026 saw significant sectoral outflows, February shows promising inflows.
TCS share price tumbled over 5% to a 52-week low of ₹2,752.75, causing its market capitalization to drop below ₹10 lakh crore for the first time since December 2020. ICICI Bank overtook TCS to become India's fifth-largest company by market value.
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Hindustan Aeronautics Limited reports robust Q3 FY24 results with a 30% year-on-year surge in net profit to Rs 1,866 crore and an 11% increase in revenue, driven by strong defense orders and operational efficiency.
Maruti Suzuki's stock has delivered 12,230% returns since 2003. An investment of ₹2.5 lakh then would be worth over ₹3 crore today, outperforming even luxury cars like Ferrari.
India's technology sector faced a massive selloff as the Nifty IT index dropped over 4% to a four-month low, wiping out Rs 1.3 lakh crore in market value. Top IT firms like TCS, Infosys, and Wipro lost significant value amid fears about AI disruption and
Indian stock markets opened lower in early trading, with the benchmark indices declining due to selling pressure in IT stocks and weak cues from US markets. The BSE Sensex and NSE Nifty both fell, reflecting broader market concerns.
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RecommendedA stock priced below Rs 50 surged to its upper circuit limit during the opening session, defying a broader market decline driven by losses in IT firms. This highlights selective investor interest in undervalued opportunities.
Benchmark indices Sensex and Nifty 50 declined on Thursday, led by sharp falls in IT stocks like Infosys and TCS following negative signals from US markets. Rising crude oil prices added to investor caution, with sectoral indices showing significant drops
Aye Finance IPO allotment is live today, with the issue fully subscribed at ₹1,010 crore. The NBFC's shares are set to list on February 16, with GMP at ₹0.35.
Avanti Feeds share price surged 17% to a record Rs1,395, extending its winning streak to four sessions. The shrimp exporter reported a 15.6% jump in Q3 net profit to ₹163 crore, buoyed by an interim US-India trade deal that slashed tariffs on exports.
Hindustan Unilever Ltd shares dropped over 4% as Q3 earnings showed a 30% net profit fall to ₹2,118 crore, despite a 5.71% rise in product sales revenue.
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RecommendedIndian stock markets witnessed a sharp decline with the Sensex dropping over 450 points, defying expectations amid robust FII inflows and positive macroeconomic indicators. Analysts point to global cues and domestic profit-booking as key factors.
Shares of oil marketing companies faced significant selling pressure on Thursday due to escalating crude prices and US-Iran tensions. BPCL, IOC, and HPCL all declined, though they remain positive month-to-date.
Indian IT stocks faced a severe sell-off, with the Nifty IT index dropping 4.6% and erasing over ₹1.3 lakh crore in market capitalisation amid global tech declines and AI disruption fears.
Pavna Industries, a small-cap auto components manufacturer, has seen its stock price surge 35% over four consecutive sessions following robust December quarter results, with shares trading under ₹50.
A viral social media post highlights Warren Buffett's counterintuitive investing principle: exceptional returns come from concentrating capital in a handful of high-conviction stocks, not diversifying widely.
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RecommendedIndian stock markets opened lower on Wednesday, with the Sensex dropping over 420 points and Nifty falling 121 points, dragged down by IT firms and weak global cues from the US.
Major Indian IT stocks, including Infosys, TCS, Wipro, and Tech Mahindra, dropped up to 5% on February 12, 2026, driven by weak global cues, rising US bond yields, and concerns over client spending.
Silverline Technologies shares surged 5% after UAE-based Trueledger Technologies FZE expressed interest in strategic investment of up to 20% stake to boost AI initiatives.
Divis Laboratories shares declined 4% in morning trade on BSE after Q3 results, trading at ₹6,290. Analysis of whether investors should buy, sell, or hold the pharma stock.
Indian benchmark indices Nifty 50 and Sensex fell 0.43% on Thursday, dragged by IT stocks as US rate cut hopes fade and AI concerns weigh. Analysts see support at 25,880-25,850 and resistance at 26,000.
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