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EQUITY
Post Session: Quick Review
Feb-13-2026

Indian equity benchmarks closed sharply lower on Friday tracking weak cues from US markets. Markets made a gap-down opening and remained under selling pressure throughout the session, as IT stocks declined amid concerns that rapid advances in AI tools could reduce demand for outsourcing work, which forms the backbone of India’s IT business model.

Some of the important factors in trade:

India’s retail inflation stood at 2.75 per cent in January: Traders overlooked India’s retail inflation data which stood at 2.75 per cent in January under the new series of All India Consumer Price Index (CPI), with 2024 as the base year. Chief Economic Advisor V Anantha Nageswaran said that the new CPI series will improve the quality of data used in formulating monetary and fiscal policies.

Commerce ministry to roll out 8 export push: Traders took note of the commerce ministry is likely to roll out eight components of the Rs 25,060 crore Export Promotion Mission, including e-commerce, factoring services and warehousing.

Passenger vehicle dispatches rise 13% in January: Society of Indian Automobile Manufacturers (SIAM) said that domestic passenger vehicle dispatches from companies to dealers rose 13 per cent year-on-year to 4,49,616 units in January.

On the global front: European equity markets were trading mostly in the green, ahead of key Eurozone GDP. Asian markets ended lower as investors worried over the impact of artificial intelligence on various sectors and looked to U.S. CPI data later in the day for clues on when the Federal Reserve might cut rates.

The BSE Sensex ended at 82626.76, down by 1048.16 points or 1.25% after trading in a range of 82534.55 and 83079.70. There were 2 stocks advancing against 28 stocks declining on the index. (Provisional)

The few losing sectoral indices on the BSE were Metal down by 3.21%, Basic Materials down by 2.27%, Realty down by 2.27%, Utilities down by 2.26% and Energy down by 1.94%, while there were no gaining sectoral indices. (Provisional)

The only gainers on the Sensex were Bajaj Finance up by 2.96% and SBI up by 0.29%. On the flip side, Hindustan Unilever down by 4.47%, Eternal down by 4.16%, Tata Steel down by 2.50%, Titan Company down by 2.38% and Adani Ports and Special Economic Zone down by 2.27% were the top losers. (Provisional)

Meanwhile, after the government released the new Consumer Price Index (CPI) series with base 2024=100 instead of 2012=100, Chief Economic Advisor (CEA) V Anantha Nageswaran has said the new series will improve the quality of data used in formulating monetary and fiscal policies. The new series has captured more goods and services items, and excluded those which are not consumed presently. He said ‘Since the CPI basket is now aligned with recent expenditure data, the inflation signals derived from this will be more closely matched with the economic conditions. This improves the information basis for calibrating monetary and fiscal policy’. He said that the new series, with wider coverage of services and digital markets, provides policymakers with a more up-to-date basis for assessing real incomes, consumption trends, and purchasing power.

The Reserve Bank of India (RBI) factors in the retail inflation while arriving at its bi-monthly monetary policy decision. He said if CPI volatility declines, fiscal expenditure, DA fixation, and index bonds, which are linked to CPI, would become more stable, predictable and reliable. He said the proportion of weights assigned to the food basket has come down from 45.86 in CPI 2012 to 36.75 in the new series. It also reflects the reallocation of certain items to other categories, such as restaurants and services.

He said ‘At the macro level, this reflects a progressive diversification of expenditure towards health, education, mobility, and connectivity, which is what you would expect to see from an economy which is seeing rising incomes and rising living standards’. He added that lower weightage for the otherwise volatile group of food and beverages may make the headline inflation also less volatile. He said such rebalancing is typically associated with income growth, productivity gains, and improving living standards. He added the revised basket also highlights the increasing role of services in consumption. He noted that the new series also recognises the growing role of digital channels in price formation and would help in better distinguishing urban and rural dynamics of inflation at the state level, and the subclass as well as item level.

The CNX Nifty ended at 25471.10, down by 336.10 points or 1.30% after trading in a range of 25444.30 and 25630.35. There were 6 stocks advancing against 44 stocks declining on the index. (Provisional)

The top gainers on Nifty were Bajaj Finance up by 2.57%, Eicher Motors up by 1.56%, SBI Life Insurance up by 0.84%, SBI up by 0.52% and Cipla up by 0.11%. On the flip side, Hindalco down by 5.74%, Hindustan Unilever down by 4.34%, Eternal down by 4.30%, Adani Enterprises down by 3.83% and ONGC down by 3.24% were the top losers. (Provisional)

European markets were trading mostly in green; UK’s FTSE 100 increased 4.96 points or 0.05% to 10,407.40 and Germany’s DAX gained 5.41 points or 0.02% to 24,858.10, while France’s CAC fell 27.76 points or 0.33% to 8,312.80.

Asian markets settled lower on Friday following Wall Street’s fall overnight as investors fretted over the impact of artificial intelligence on various sectors. Meanwhile, investors were awaited for release of US CPI data for clues on US Federal Reserve’s interest rate decision. Japanese closed lower as technology and telecoms giant SoftBank Group plummeted nearly 9% on AI-related concerns. China's Shanghai Composite declined ahead of next week's extended market holiday for the Lunar New Year. Taiwan market was remained closed for the Lunar New Year holiday from February 12 to February 20, 2026.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,082.07

-51.95

-1.26

Hang Seng

26,567.12

-465.42

-1.72

Jakarta Composite

8,212.27

-53.08

-0.65

KLSE Composite

1,739.54

-11.31

-0.65

Nikkei 225

56,941.97

-697.87

-1.21

Straits Times

4,937.78

-78.98

-1.57

KOSPI Composite

5,507.01

-15.26

-0.28

Taiwan Weighted

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