Markets tank over 1% in early trade; IT stocks lead the fall
The Hindu
Markets fell over 1% in early trade, driven by IT stock losses, with Bajaj Finance, HDFC Bank, and Bharti Airtel gaining.
Benchmark equity indices Sensex and Nifty tumbled over 1% in early trade on Friday (February 13, 2026), led by steep losses in IT stocks amid weak global cues and persistent concerns over artificial intelligence-led disruptions, which weighed on investor sentiment.
The 30-share BSE Sensex tanked 883.4 points, or 1.05%, to 82,791.52 in early deals. The 50-share NSE Nifty dropped 262.60 points, or 1.02%, to 25,544.60.
Technology stocks extend the brunt of the selling pressure from the previous session. Heavyweights such as Infosys, Tata Consultancy Services, HCL Technologies and Tech Mahindra were the major laggards on the Sensex.
Eternal, Hindustan Unilever, Adani Ports, Trent, Tata Steel, Reliance Industries, IndiGo, Larsen & Toubro, UltraTech Cement and NTPC were also trading in the red territory.
Bajaj Finance, HDFC Bank and Bharti Airtel were the only gainers.
The BSE SmallCap Select Index dropped 1.93%, while the MidCap Select Index fell 1.40%.
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