Indian equity indices extended losses for the sixth consecutive session on February 12, failing to sustain a mid-session recovery and closing marginally lower.
Investor sentiment remained weak, with concerns over a global trade war and the upcoming US inflation data weighing on the markets.
Sectoral performance was broadly negative, with all indices ending in the red except PSU Bank and Metal, while the Realty index slumped nearly 3%.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY PSU BANK
0.8
NIFTY BANK
0.2
NIFTY METAL
0.7
NIFTY MEDIA
-0.1
NIFTY FINANCIAL SERVICES
0.5
NIFTY FMCG
-0.1
NIFTY PRIVATE BANK
0.2
NIFTY CONSUMER DURABLES
-0.5
Top News
FMCG stocks rebounded on February 12, with Varun Beverages surging 3% after reporting a 36% jump in Q3 net profit, while United Breweries, Tata Consumer, and Dabur also recorded gains.
Bajaj Healthcare hit a 10% upper circuit, reversing losses from the previous session, as the company swung to a Q3 profit of ₹11.7 crore, driven by strong API and bulk drug demand.
Ashok Leyland surged nearly 8%, closing at ₹219.60, after posting a 36% YoY increase in net profit to ₹762 crore and an 8% rise in revenue to ₹11,995 crore for Q3 FY25.
Eight Firms Set to Raise Over Rs 7,800 Crore.
Technical Outlook: Key Indices
Indices Name
Support
Resistance
Nifty
22,800
23,200
Bank Nifty
49,000
50,000
Top Gainers and Losers
Top Gainers
% Change
Top Losers
% Change
BAJAJFINSV
2.7
M&M
-3.2
SBILIFE
2.0
EICHERMOT
-2.4
SHRIRAMFIN
1.9
BEL
-2.1
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