India: Daily Stock Market Performance Insight - February 13, 2026

Indian indices faced a significant sell-off today as the Sensex plummeted 1,048.16 points, or 1.25%, to close at 82,626.76, while the Nifty sank 336 points. This downturn resulted in an investor wealth loss of over Rs 4 lakh crore, with market anxiety reflected in a 15% rise in the India VIX.

Corporate earnings revealed deep vulnerabilities in key players. Hindalco emerged as a top loser, falling 5.75% to Rs 908.9 after its consolidated PAT slumped 45% to Rs 2,049 crore. Ola Electric also struggled with revenue falling 55% as scooter sales dropped to 32,680 units from 84,029 units year-on-year. Conversely, Bharat Forge saw a 28% profit rise, and Senco Gold reported a 39% surge in same-store sales driven by festive and wedding demand. Coal India managed to declare a dividend of Rs 5.5 per share despite a 16% fall in profit to Rs 7,166 crore.

Sectoral trends highlighted a link between technology and real estate. Concerns over AI disruption dragged Nifty IT down by 1.76%, with TCS now trading 44% below its peak. This sentiment pressured realty stocks like Brigade Enterprises, which fell up to 4% on fears of declining property demand from IT firms. In the energy space, Reliance secured a strategic advantage by obtaining a US license to import Venezuelan oil to enhance refining margins.

Institutional data shows a pivot toward defensive strategies, with Arbitrage Mutual Fund inflows surging 2,507% in January. While MFs reduced cash by Rs 1,900 crore to deploy into equities, the government decision to lift wheat export bans and allow 0.5 million tonnes of sugar exports signals a focus on global trade. For investors, the primary risk remains structural pressure on the IT sector. However, strong institutional buying and the upcoming listing of Kwality Wall's on February 16 provide pockets of opportunity.