Sensex tanks 1048 points to 82,626 on selling in metal, IT stocks; Nifty sinks 336 points

Domestic equities were weighed down by weak global cues

Domestic equities were weighed down by weak global cues. Photo Credit: Ta Nu

Benchmark equity indices Sensex and Nifty tumbled more than 1 per cent on Friday due to an across-the-board sell-off, especially in metal, IT and commodity stocks, tracking sluggish global markets.

In a volatile session, the 30-share BSE Sensex tumbled 1,048.16 points, or 1.25 per cent, to close at 82,626.76. During the day, the benchmark tanked 1,140.37 points, or 1.36 per cent, to hit an intraday low of 82,534.55.

The 50-share NSE Nifty plunged 336.10 points, or 1.30 per cent, to settle at 25,471.10. In intraday trade, it slumped 362.9 points, or 1.4 per cent, to hit a low of 25,444.30.

Among the Sensex constituents, Hindustan Unilever, Eternal, Titan, Tata Steel, Adani Ports, Tata Consultancy Services, PowerGrid, Reliance Industries, Bharat Electronics Ltd, Asian Paints, Mahindra & Mahindra, HDFC Bank and HCL Technologies were the major laggards.

On the other hand, Bajaj Finance and State Bank of India were the only gainers.

“Domestic equities ended lower following a highly volatile session, weighed down by weak global cues ahead of the upcoming US inflation data.

“Sentiment gains from the US-India trade deal have faded as renewed AI-driven disruption fears weigh on risk appetite, with markets worrying that Indian IT firms dependent on the labor arbitrage model may face tougher competitive pressure than their Nasdaq peers,” Vinod Nair, Head of Research, Geojit Investments Ltd, said.

This cautious tone extended across the broader market, pulling all major indices into negative territory, with most sectors closing in the red, he added.

“Metal stocks saw profit-booking amid a stronger dollar index, as reports of Russia’s return to the US-dollar settlement system heightened expectations of potential sanctions relief and raised concerns over weaker realizations for metal companies,” Nair said.

In Asian markets, Hong Kong’s Hang Seng benchmark, Shanghai’s SSE Composite index, Japan’s Nikkei 225 index and South Korea’s Kospi ended in the negative territory.

European markets are trading on a mixed note in mid-session deals. The US equities market ended up to 2 per cent lower on Thursday.

Meanwhile, foreign institutional investors bought equities worth ₹108.42 crore on Thursday, while domestic institutional investors were also net buyers of stocks worth ₹276.85 crore, according to exchange data.

Brent crude, the global oil benchmark, rose 0.32 per cent to USD 67.81 per barrel.

On Thursday, the 30-share BSE Sensex declined 558.72 points to settle at 83,674.92. The 50-share NSE Nifty declined 146.65 points to end at 25,807.20.

Published on February 13, 2026