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Bears take full control over Dalal Street in late trade
Feb-13-2026

Benchmarks have extended their losses during late afternoon deals as broader selling among the Asian peers and US markets weighed on investors’ sentiments. The impact of the artificial intelligence (AI) buildout on industries other than the tech sector, has sparked caution among the market participants. Traders also reacted to the India’s retail inflation data for the month of January. The provisional data showed that all India CPI with base year 2024 stood at 2.75% for the month of January, 2026 over January, 2025. Corresponding inflation rates for rural and urban stood at 2.73% and 2.77%, respectively. 

On the global front, Asian equity markets were trading lower tracking negative cues from Wall Street overnight. European equity markets were trading mostly in green ahead of key Eurozone GDP and U.S. inflation data due later in the day. 

The BSE Sensex is currently trading at 82746.25, down by 928.67 points or 1.11% after trading in a range of 82698.48 and 83079.70. There were 3 stocks advancing against 27 stocks declining on the index.

The top losing sectoral indices on the BSE were Metal down by 2.90%, Utilities down by 2.13%, Basic Materials down by 1.99%, Realty down by 1.98% and Energy down by 1.78%. Meanwhile, there were no gainers on BSE sectoral front.

The top gainers on the Sensex were Bajaj Finance up by 1.86%, SBI up by 0.23% and Tech Mahindra up by 0.01%. On the flip side, Eternal down by 4.23%, Hindustan Unilever down by 3.89%, TCS down by 2.06%, Power Grid Corporation down by 2.03% and Reliance Industries down by 1.87% were the top losers.

Meanwhile, calling for global expansion, Union Minister of Commerce and Industry Piyush Goyal has encouraged medtech startups to harness India’s trade pacts and scale affordable innovations to serve both India and the world. He said startups should not limit themselves to the domestic market and should participate in global fairs and exhibitions. He assured that the Commerce Ministry would support delegations and that India’s missions in over 190 countries are available to assist innovators. He also encouraged collaboration with global companies, present in over 100 countries, to access developed markets.

Goyal further noted that nine free trade agreements concluded in the last three years cover 38 countries with strong per capita incomes, and that most developed markets now have trade arrangements with India. Agreements include the 27-nation EU bloc, four-nation EFTA bloc, the UK, Australia and New Zealand, the United States of America, while Japan and Korea were concluded earlier, along with ASEAN nations. He said India now has market access to 70% of global GDP, in most cases at zero duty for Indian products.

The Minister stressed that innovation must address India’s day-to-day needs and ground-level imperatives. He underlined the importance of showcasing success stories and urged Startup India, the private sector and the media to encourage entrepreneurs, including those who may not succeed initially.

The CNX Nifty is currently trading at 25510.90, down by 296.30 points or 1.15% after trading in a range of 25499.90 and 25630.35. There were 6 stocks advancing against 44 stocks declining on the index.

The top gainers on Nifty were Bajaj Finance up by 1.83%, Eicher Motors up by 1.50%, SBI Life Insurance Company up by 0.62%, Apollo Hospitals Enterprise up by 0.25% and SBI up by 0.23%. On the flip side, Hindalco down by 5.87%, Eternal down by 4.26%, Hindustan Unilever down by 3.92%, ONGC down by 3.18% and Adani Enterprises down by 2.97% were the top losers.

Asian equity markets were trading lower; Nikkei 225 slipped 674.84 points or 1.18% to 56,965.00, Hang Seng declined 475.54 points or 1.79% to 26,557.00, KOSPI dropped 15.26 points or 0.28% to 5,507.01, Straits Times fell 83.32 points or 1.69% to 4,933.44, Shanghai Composite weakened 51.95 points or 1.27% to 4,082.07 and Jakarta Composite plunged 59.89 points or 0.73% to 8,205.46. 

European equity markets were trading mostly in green; UK’s FTSE 100 increased 12.92 points or 0.12% to 10,415.36 and Germany’s DAX gained 21.41 points or 0.09% to 24,874.10, while France’s CAC fell 23.56 points or 0.28% to 8,317.00.
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