Sensex Falls 558 Points, Nifty Ends Below 25,850 As IT Stocks Decline
- 12th February 2026
- 05:30 PM
- 3 min read
Summary
The Indian stock market closed lower on February 12 as heavy selling in IT stocks dragged the benchmarks down. The BSE Sensex fell 558 points while the NSE Nifty ended near 25,800. Oil & gas shares also declined, and broader markets finished moderately weaker.Mumbai | February 12
The Indian stock market ended in the red on Thursday, with the BSE Sensex and NSE Nifty closing lower due to sustained selling in technology stocks.
The Sensex fell 558.72 points, or 0.66%, to settle at 83,674.92. The Nifty 50 declined 146.65 points, or 0.57%, to close at 25,807.20. The Nifty opened weak and remained under pressure for most of the session. A brief recovery attempt during the day did not sustain as selling picked up in large-cap IT stocks
Bank nifty showed some resilience and closed largey flat at 60,739.75.
The Nifty Midcap and Smallcap indices also declined around 0.5-0.6% each, indicating broader market weakness.
IT Stocks Slide to Multi-Month Lows
IT stocks led the decline. The Nifty IT index dropped 5.5% and hit a multi-month low. Infosys, TCS, Wipro, Tech Mahindra and HCL Technologies fell up to 5%, making them the top contributors to the Nifty’s fall.
Weak global technology trends and concerns over demand visibility weighed on investor sentiment in the sector.
Other Key Sectors in Focus
The Nifty Oil & Gas index declined over 1%. Brent crude prices hovered near $70 per barrel amid geopolitical tensions. Higher crude prices raise concerns over marketing margins for oil marketing companies if retail fuel prices remain unchanged.
Top Bengaluru-based realty stocks like Prestige estates, Brigade enterprises also declined today as concerns around artificial intelligence disrupting the IT industry weighed on sentiment. Bengaluru is India’s largest IT hub.
media index also closed lower, while Consumer Durables was the only major sector to end marginally positive.
Nifty Gainers and Losers
Among Nifty gainers were Bajaj Finance, Shriram Finance, Eicher Motors, ICICI Bank and Trent. On the losing side, Infosys, TCS, Tech Mahindra, HCL Technologies and Wipro were the major drags.
Stocks In Focus Today
Lenskart Solutions shares surged over 12% to a record high after the company reported a sharp rise in Q3 FY26 consolidated net profit.
Shares of Swiggy and Eternal declined after reports indicated that Walmart-owned Flipkart is evaluating entry into the online food delivery segment.
Avanti Feeds and Apex Frozen Foods rallied up to 19% to fresh record highs after reporting strong earnings for the December quarter.
Near-term market direction is likely to be influenced by sector rotation, stock-specific developments, global cues and movements in crude oil prices.
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