Stock Market Today: Nifty, Sensex Slide For Sixth Day After Volatile Session Ahead Of CPI Data; RIL, M&M Drag

The NSE Nifty 50 and BSE Sensex extended losses to the sixth day. The NSE Nifty Realty declined the most, followed by Nifty Oil & Gas and Nifty Auto.

(NSE building in Mumbai. Photo: Vijay Sartape/NDTV Profit) 

The Nifty and Sensex have clawed back from the day's low to trade marginally higher. Both Nifty 50 and Sensex fell 1.2% intraday to 22,798 and 75,388. HDFC Bank and L&T are contributing to the gains.

US Index Futures Down

As 3:45 p.m. India time, the Dow Jones Industrial Average and S&P 500 futures were each trading 0.17% lower. The Nasdaq 100 future was trading 0.09% down.

Rupee Versus Dollar

Rupee weakened by 6 paise to close at 86.89 against the US Dollar. It closed at 86.83 on Tuesday.

Source: Bloomberg

Stock Market Live: Nifty, Sensex Slide For Sixth Day

  • The NSE Nifty 50 and BSE Sensex extended losses to the sixth day but managed to pare steep intraday decline of 1.2%.

  • The Nifty 50 and Sensex ended 0.12% and 0.16% lower respectively.

  • Mahindra & Mahindra, Eicher Motors, Bharat Electronics, and ITC were the top Nifty losers.

  • The NSE Nifty Realty declined the most, followed by Nifty Oil & Gas and Nifty Auto.

  • Nifty PSU Banks, Nifty Metal and Nufty Finance advanced.

  • The NSE Nifty Midcap 150 ended 0.27% down.

  • The NSE Nifty Smallcap 250 ended 0.7% down.

Life Insurance Stocks Trade Higher

Shares of SBI Life, HDFC Life and ICICI Prudential Life were up after the New Income Tax bill proposed no change in taxation for life insurers and policyholders.

Man Industries Share Price Up After New Order

Man Industries received Rs 250 crore order for supply of various types of pipes.

Source: Exchange Filing

Vodafone Idea's Start Of Investment Cycle

Vodafone Idea Q3 Earnings concall highlights:

  • Further tariff increase necassary for future growth.

  • Pricing model where heavy data consumers pay more will be beneficial.

  • Network capacity has been enhanced in Q3; Network speeds have also seen a rise.

  • This is just a start of our investment cycle.

  • 4G coverage has seen a significant rise; VI has emerged as the leading 4G network in India.

  • Confident to deliver superior quality as we rollout 5G services.

  • Most of the tariff hike impact is reflected in 2Q, 3Q numbers.

  • Continue to see improving performance in postpaid services; Postpaid services is an important strategy to us.

Globus Spirit Stock Down After Q3 Net Profit Falls

Globus Spirits Q3 Highlights (Cons, YoY)

  • Net Profit down 98.8% at Rs 55 lakh versus Rs 44.4 crore (Cons, YoY).

  • Revenue up 12.4% at Rs 602 crore versus Rs 687 crore (Cons, YoY).

  • Ebitda down 24.6% at Rs 30.3 crore versus Rs 40.2 crore (Cons, YoY).

  • Margin at 5% versus 5.8% (Cons, YoY).

The third quarter includes Deferred Tax Write-Back of Rs 29.64 crore.

The stock fell nearly 5% after the results.

Stock Market Live: Sensex, Nifty Slide 0.3%

Stock Market Live Update: Patel Engineering Share Price Jumps After Reporting Profit 

Patel Engineering Q3 Highlights (Consolidated, YoY)

  • Revenue up 13.6% to Rs 1,206 crore versus Rs 1,061 crore.

  • Net profit up 17% to Rs 80.2 crore versus Rs 68.5 crore.

  • Ebitda up 29.5% to Rs 184 crore versus Rs 142 crore.

  • Margin at 15.3% versus 13.4%.

Graphite India Share Price Plunges After Q3 Loss Widens

Graphite India Q3 Highlights (Consolidated, YoY)

  • Revenue falls 24.2% to Rs 523 crore versus Rs 690 crore.

  • Net loss of Rs 20 crore versus Rs 18 crore.

  • Ebitda loss of Rs 8 crore versus Rs 13 crore.

Bajaj Hindustan Sugar Stock Down After Q3 Results

Bajaj Hindustan Sugar Q3 Highlights (Consolidated, YoY)

  • Revenue falls 15.2% to Rs 1,476 crore versus Rs 1,741 crore.

  • Net loss of Rs 102 crore versus Rs 20.3 crore.

  • Ebitda loss of Rs 24.5 crore versus Rs 111 crore.

PFC Share Price Trades Higher After Q3

Power Finance Corp Q3 Highlights (Consolidated, YoY)

  • Total income rose 13.7% to Rs 26,822 crore versus Rs 23,593 crore.

  • Net interest income rises 16.3% to Rs 9,840 crore versus Rs 8,456 crore.

  • Net profit rose 23.3% to Rs 5,829 crore versus Rs 4,727 crore.

  • Announces third interim dividend of Rs 3.5 per share.

Aegis Logistics Profit Falls 5%; Stock Up

Aegis Logistics Q3 Highlights (Consolidated, YoY)

  • Revenue rises 8.9% to Rs 1,707 crore versus Rs 1,873 crore.

  • Net profit falls 4.5% to Rs 124 crore versus Rs 130 crore.

  • Ebitda up 10% to Rs 233 crore versus Rs 212 crore.

  • Margin expands to 13.6% versus 11.3%.

Stock Market Live: PSUs Lose Over Rs 8 Lakh Crore In 2025

Indian public sector undertakings have suffered significant market capitalization losses in 2025, totaling over Rs 8.03 lakh crore, a 13% decline overall. Notably, not a single PSU stock has seen a market cap gain this year.

Among the top losers are KIOCL (33%), BEML (31%), ITI (30%), RITES (29%), and Titagarh Rail (26%). Large-cap PSUs have experienced a 12.5% decline, with REC, IRFC, and PFC leading the losses, while ONGC has fared the best among this group.

Mid-cap PSUs have seen a 13.5% drop, with New India Assurance, HPCL, and HUDCO at the bottom and Bank of India showing the smallest loss.

Small-cap PSUs have been hit hardest, losing over 14%, with KIOCL, BEML, and ITI again topping the list of decliners, while Gujarat Narmada Valley has seen the least erosion in market cap.

Stock Market Live: Selloff Impact On Mutual Fund Returns 

Mihir Vora of Trust Mutual Fund said mutual funds try to generate alpha versus the benchmark and so it can't be off the benchmark for a long time. This is in response to the beating small and mid-caps have taken this year, spilling over to mutual fund returns in the category.

"The fund manager’s job is to invest as per the mandate. It’s not the fund manager’s call about an asset class. That’s an investor’s or advisor’s call. If you hold for ten years or more, the chance of losing money is low. The characteristic of market is that upswing are steady and falls are sharper," he said.

Sensex, Nifty Today Live: Midday Market Update

  • Nifty 50 down 0.15%; intraday low 1.2%

  • Sensex down 0.23%; intraday low 1.2%

  • Nifty Midcap 150 down 0.3%; intraday low 2.97%

  • Nifty Smallcap 250 down 0.7%; intraday low 3.66%

  • Nifty PSU Bank, Nifty Metal lead sectoral gains

  • Nifty Realty, Nifty Oil & Gas lead sectoral declines

  • Top Nifty losers: Mahindra & Mahindra, Reliance Industries, Power Grid Corp

  • Top Nifty Gainers: SBI Life, Apollo Hospitals, HDFC Life

Also Read: Caution On Small, Mid Caps Turns Investors Wary Of Indian Market — Key Reasons For Wednesday’s Fall

SAIL Share Price Live: Imported Coal Costs Seen Declining

Steel Authority of India Ltd. Q3 earnings concall highlights:

  • Borrowings at Rs 33,910 crore as of Dec. 31 versus Rs 35,600 crore as of Sept. 30

  • Q3 sales volume at 4.3 million tonne versus 3.8 MT

  • Q3 coal costs came down due to reduction in coal prices

  • See imported coal costs declining further in Q4

Source: Informist

Arkade Developers Stock Jumps After Order Win

Arkade Developers received a redevelopment project of 6.5 acres in Mumbai with gross development value of Rs 1,700 crore.

Source: Exchange filing

Stock Market Live: Mutual Funds Draw Inflows

  • Overall MF Industry: Net inflow of Rs 1.88 lakh crore versus a net outflow of Rs 80,355 crore (month-on-month).

  • Net AUM: Reaches Rs 67.3 lakh crore versus Rs 66.9 lakh crore.

  • Active Equity Funds: Net inflow of Rs 39,688 crore versus Rs 41,156 crore.

  • Sectoral/Thematic Funds: Inflows of Rs 9,017 crore versus Rs 15,331 crore (MoM).

  • NFO Inflows: Rs 4,544 crore versus Rs 13,643 crore.

  • Gold ETFs see highest-ever inflow of 3,751 crore.

Specific Equity Fund Categories (Net Inflow MoM):

  • Mid-Cap Funds: Rs 5,148 crore versus Rs 5,093 crore

  • Small-Cap Funds: Rs 5,721 crore versus Rs 4,668 crore

  • Large-Cap Funds: Rs 3,063 crore versus Rs 2,011 crore

  • Flexi-Cap Funds: Rs 5,698 crore versus Rs 4,731 crore

Stock Market Live: Small And Midcaps Off Day's Low

Small and midcap stocks have managed to recover some of the losses on Wednesday.

  • Nifty Midcap 150 intraday low 2.97%

  • The index is now down 0.8%

  • Nifty Smallcap 250 intraday low 3.66%

  • The index is now down 0.9%

  • Smallcap stocks that are bucking up: Elgi Equipment, Inox Wind, Angel One, Sagility India

  • Midcap stocks that are bucking up: Lloyds Metals, Union Bank, Nykaa

Also Read: Mid, Small Cap Stocks Rise As Equity Fund Inflows Increase In January

Nifty Today Live: Largecaps Down

The Nifty 100 recovered from day's low of 1.45% to 0.63% by 11:20 a.m.

Suzlon Energy Share Price Live: New Contract Win

Suzlon Energy will supply wind turbine generators to Oyster Renewable's project in Madhya Pradesh. With this latest addition, Suzlon’s partnership with Oyster Renewable has now grown to 283.5 MW in Madhya Pradesh.

The stock is close to wiping off its intraday losses.

New Income Tax Bill Likely To Be Tabled On Thursday

A new Income Tax Bill proposed to replace the existing Income Tax Act, 1961 will be introduced in Parliament on Thursday, as per sources to NDTV Profit.

If passed, the new legislation will be called the Income-tax Act, 2025 and may come into force on April 1, 2026. The bill introduces a special chapter for the New Tax Regime, with existing sub-sections being converted into full sections for greater clarity. It comprises 536 clauses (which will become sections) and 16 schedules, spanning 600 pages.

Nifty, Sensex Today Live: Benchmarks Off Day's Low

The Nifty and Sensex have clawed back from the day's low. Both Nifty 50 and Sensex fell 1.2% intraday to 22,798 and 75,388.

The Nifty was trading 0.73% or 174 points lower at 22,896 by 10:37 a.m.

Sensex was down 0.78% or 590 points at 75,720.

Also Read: NBCC, IRCTC, Vodafone Idea, SAIL, Ircon And Lupin Shares React Post Q3 Results

Stock Market Live: Take Measured And Patient View, Says Sunil Singhania

Sunil Singhania, founder of Abakkus Asset Manager, commented on the recent challenging market conditions, noting the particularly sharp declines of the past few days.

He attributed the initial downturn to concerns about valuations and slower growth, which were then exacerbated by statements regarding US tariffs.

"Valuations were stretched but have come off quite a bit. There are still not many companies you can go out and buy based on good valuations. Do not get swayed by short term bounces. Do not get scared of the markets and sell you position," he said.

Also Read: Stock Market To Stabilise, 'W' Shaped Recovery On Cards, Says Sunil Singhania

Lupin Share Price Live: Stock Down Despite Jump In Q3 Profit

The share price of Lupin Ltd. fell over 3% on Wednesday despite a 39.5% jump in its net profit for the quarter ended December. The decline comes as Nifty fell below the 23,000 support level. In addition, the stock was trading at a high volume.

Lupin continues to show broad-based top-line growth and margin improvement, the brokerage said. Adjusted Ebitda beat was mainly driven by higher-than-expected revenues and lower operating expenses, which were better than anticipated, Macquarie said.

Read full story here.

IPO News Live: Indira IVF Confidentially Files Draft Papers

EQT-backed Indira IVF Hospital Ltd. has confidentially filed its draft papers for its market debut via the regulator's pre-filing route. This makes Indira IVF the latest addition in the list of confidential filings which includes the likes of Swiggy Ltd., Credila Financial Services Ltd. and Vishal Mega Mart Ltd.

"The filing of the pre-filed draft red herring prospectus shall not necessarily mean that the company will undertake the initial public offering," the company said.

Indira IVF runs more than 150 fertility centers across India with over 330 IVF specialists, according to its website. Infertility rates in India are about 15% and expected to rise, EQT said in a statement when it acquired its stake in Indira IVF in 2023.

Read full story here.

HAL Share Price Live: MD Assures Delivery Of LCA Tejas To Indian Air Force

Hindustan Aeronautics Ltd. on Tuesday assured it will soon start delivering the Light Combat Aircraft 'Tejas' to the Indian Air Force with the technical difficulties now being resolved, amid reports of concerns raised by IAF chief AP Singh in this connection.

The stock is down ahead of Q3 results.

Also Read: Hindustan Aeronautics' Share Price Declines Ahead Of Q3 Results

Share Market Live: Foreign Outflows Puts Pressure

  • FII selling in cash market tops Rs 1 lakh crore in 2025.

  • DIIs bought Rs 99,380 crore in cash market in 2025.

  • FII selling in 2025 is the worst-ever start to any year.

Read full story here.

Stock Market Live Updates: Nifty Bank Down 1%

The Nifty Bank has declined over 1%. All constituent bank stocks faced losses. Federal Bank, AU Small Finance Bank and Punjab National Bank are among the top draggers.

Stock Market Live Updates: MSCI India Index Falls 1.1%

The MSCI India Index tanked 1.1% to the lowest sevel since June 2024.

Source: Bloomberg

Stock Market Live: Small, Mid Caps To See More Downside

India's small and mid-cap stocks are poised for further downside, as these stocks are testing the entry into the bear market on muted earnings and peaking domestic flows, according to Bernstein Research.

About 75 of 150 midcap companies' shares have fallen over 20% from their highs, while 121 of 250 small caps have fallen over 20% from their highs, according to data compiled by NDTV Profit. The earnings growth and valuations, the flow cycle covering domestic and foreign inflows, and the investor sentiment looking at SIPs from the retail section are key triggers for Bernstein's cautious look.

Read full story here.

Nifty Today Live: Tata Motors, Hero Moto, Power Grid Hit 52-Week Low

Here are Nifty stocks that hit 52-week low today:

  • Tata Motors Hits 52-week Low Of 670.5 (-1.09%)

  • Hero Moto Hits 52-week Low Of 3959.0 (-3.08%)

  • Power Grid Hits 52-week Low Of 257.0 (-1.68%)

  • Coal India Hits 52-week Low Of 352.9 (-1.67%)

  • Asian Paints Hits 52-week Low Of 2201.25 (-1.71%)

Nifty Today Live: Reliance Industries Top Laggard This Week

  • RIL has dragged the benchmark Nifty 50 the most this week.

  • The stock has helped the Nifty lose 58.91 points this week

  • The stock dragging Nifty by 32.76 points in trade today

  • RIL loses around Rs 29,400 crore in market cap today

  • RIL has lost over Rs 56,500 crore in market cap in this week

Nifty Today Live: Further Downside

The NSE Nifty 50 has dipped below the 23,000 support level with 0.5% decline. It has fallen 130 points as of 9:34 a.m.

The BSE Sensex has shed over 400 points to fall below 75,900.

Nifty Today Live: Hanging At Support Level

The Nifty 50 is managing to hang around the key support level of 23,000 pegged by analysts. The index can see further downside should it dip below the level.

Stock Market Live: Selloff Erodes Investor Wealth

  • Nifty 50 down over 2% this week.

  • Nifty Midcap 150 down over 5% this week.

  • Nifty Smallcap 250 down over 6% this week.

  • Indian markets have lost over Rs 1.7 lakh crore in trade today.

  • Large caps lose over Rs 31,000 crore in market cap.

  • Mid caps lose over Rs 41,000 crore in market cap.

  • Small caps lose over Rs 44,900 crore in market cap.

Stock Market Live: Nifty, Sensex Open Lower

The Nifty 50 and Sensex opened 0.1% lower. The Nifty started at 23,050 and Sensex at 76,188.

The top draggers on the Nifty are Reliance Industries, ITC, and HDFC Bank.

On the NSE, the Nifty Metal and Nifty IT gained while Nifty Realty and Nifty Auto led declines.

Glenmark Pharma's New Launch

-Glenmark Pharma Inc, USA announced launch of Clindamycin Phosphate foam, a bioequivalent to Evoclin 2 foam.

Source: Exchange Filing

Live Updates: Yield On 10-Year Bond Opens Flat

The yield on the 10-year bond opened flat at 6.70%. It closed at 6.70% on Tuesday.

Source: Bloomberg

Rupee Vs Dollar: Strong Open

The rupee strengthened by 39 paise to open at 86.44 against the US Dollar. It closed at 86.83 on Tuesday.

Source: Bloomberg

Also Read: Rupee Opens Stronger Against US Dollar For Second Day In Row

Nifty Today Live: Support Seen At 23,000

The NSE Nifty 50 faces key support at 23,000 level, according to stock market analysts.

"The market remains highly volatile. On the downside, 23,000 serves as a key support level, and a break below this mark could trigger further selling toward 22,800," said Hardik Matalia, derivative analyst at Choice Equity Broking Pvt.

On the upside, immediate resistance is seen at 23,200 level, with a critical hurdle near 23,300, the analyst added. For a continued uptrend, the Nifty 50 must sustain above the 23,500-mark, he further said.

Given the heightened volatility, traders are advised to "maintain strict stop-loss measures" and avoid overnight positions to protect capital, Matalia noted.

Also Read: Panic On Dalal Street — Here's What Spooked Nifty, Sensex Into Tumbling On Tuesday

Rupee Versus Dollar Live: Today's Likely Trading Range

Interventions from Reserve Bank of India supported the rupee on Tuesday as it touched an intraday low of 86.64. It eventually ended 64 paise stronger at 86.83.

The idea seemed to be to crush speculative long positions in USD/INR

The rupee is likely to open around 86.70 and trade an 86.55-86.85 range with sideways price action, according to analysts at India Forex And Asset Management Pvt Ltd. (IFA Global).

Stock Market Live: IOCL, BPCL Secure Over $10 Billion Crude, LNG Contracts

Bharat Petroleum Corp has signed an optional term contract with Brazil's Petrobras for the import of 6 million barrels of Brazilian crude grades.

Indian Oil Corp and Abu Dhabi National Oil Co. have signed a $7 billion sale and purchase agreement for the sourcing of long-term LNG. IOCL will source up to 1.2 million metric tonnes per annum (MMTPA) from 2026 onwards for 14 years.

BPCL and ADNOC have also signed a long-term LNG offtake agreement for 2.5 million metric tonnes (MMT) spread over five years starting from April 2025. The agreement is expandable by another five years with mutual consent.

Stock Market Live: List Of Q3 Earnings Coming Today

Ashok Leyland Ltd., Godrej Industries Ltd., Hindustan Aeronautics Ltd., PN Gadgil Jewellers Ltd. Muthoot Finance Ltd., Rail Vikas Nigam Ltd., Procter & Gamble Health Ltd. and Crompton Greaves Consumer Electricals Ltd. Siemens (India) Ltd. are among the big companies scheduled to announce their third-quarter earnings on Wednesday.

Show more

Other companies to announce their results: Aegis Logistics Ltd, Bajaj Consumer Care Ltd, Bajaj Hindusthan Sugar Ltd, Balaji Amines Ltd, Bombay Burmah Trading Corp., Carysil Ltd, Valor Estate Ltd, Dollar Industries Ltd, Endurance Technologies Ltd, Entero Healthcare Solutions Ltd, Fineotex Chemical Ltd, FDC Ltd, Fiem Industries Ltd, Finolex Cables Ltd, Globus Spirits Ltd, SKF India Ltd, Godawari Power & Ispat Ltd, Graphite India Ltd, Hi-Tech Pipes Ltd, Honasa Consumer Ltd, IIFL Finance Ltd, Indian Hume Pipe Co., IOL Chemicals & Pharmaceuticals Ltd, Suprajit Engineering Ltd, TBO Tek Ltd, Vijaya Diagnostic Centre Ltd, Repco Home Finance Ltd, Jubilant Foodworks Ltd, Repco Home Finance Ltd, Suven Pharmaceuticals Ltd.

Also Read: Ashok Leyland, Godrej Industries, HAL, Siemens, Q3 Results Today — Earnings Estimates

Stock Market Live: Likely Buzzers For Today

  • HG Infra Engineering: The company jointly received the Letter Of Acceptance worth Rs 2,469 crore from Rail Land Development Authority with D.E.C. Infrastructure and Projects.

  • BHEL: The firm received an order worth Rs 6,200 crore from Damodar Valley Corp.

  • TVS Motor: The company signed a memorandum of understanding with Karnataka Govt to invest Rs 2,000 crore in Karnataka.

  • Jupiter Wagons: The company received aletter of acceptance for order worth Rs 600 crore from Ambuja Cements and ACC. The order is for the manufacture, supply of BCFCM Rakes Wagon.

Also Read: Stocks To Watch: TVS Motor, HG Infra, Hatsun Agro Product, BEML, Jupiter Wagons

Stock Market Live: F&O Cues

The Nifty February futures were down 1.3% to 23,153 at a premium of 82 points, with the open interest up by 0.82%.

The open interest distribution for the Nifty 50 Feb. 13 expiry series indicated most activity at 24,000 call strikes, with the 22,500 put strikes having maximum open interest.

Also Read: Your Guide To FII Positions For Feb. 12 Trade

Stock Market Live: Global Cues 

Stocks in the Asia-Pacific region traded mixed on Wednesday, while the treasuries fell as Jerome Powell indicated that the US Federal Reserve is in no rush to cut interest rates.

Japan's Nikkei was up 115 points, or 0.30% at 38,913, while South Korea's Kospi fell 0.04%, or 0.98 points to 2,538 as of 6:35 a.m. Future contracts in China hinted at a negative stock start, while Hong Kong looks poised for gains.

Powell said the Fed "doesn’t need to rush to adjust interest rates," again signaling that officials will be patient before lowering borrowing costs further.

“With our policy stance now significantly less restrictive than it had been and the economy remaining strong, we do not need to be in a hurry to adjust our policy stance,” Powell said to the Senate Banking Committee.

Meanwhile, all eyes will be on the inflation print in the US scheduled for later in the day. Any healthy signs in the consumer prices will reinforce Powell's "no rush" stance. Additionally, the Fed Chair is also set to testify to the House Financial Services panel on Wednesday.

The dollar index — which tracks the greenback's performance against a basket of 10 leading global currencies — was 0.06% up at 108.024.

Stocks on Wall Street wavered while treasury yields rose on Powell's rate cut stance. The S&P 500 and The Dow Jones Industrial Average rose 0.03% and 0.28%, respectively. The tech-heavy Nasdaq Composite fell 0.36%.

Crude oil prices steadied after data showed a large increase in US crude stockpiles. The Brent crude fell 0.35% at $76.73 a barrel as of 6:45 a.m. IST, and the West Texas Intermediate was down 0.38% at $73.04.

Also Read: US Bond Yields Climb On Fed Chair Powell’s Wait-And-See Signals: Markets Wrap

GIFT Nifty Live: Index Trades Below 23,200

The GIFT Nifty was trading below 23,200 early on Wednesday, ahead of the stock market opening. The futures contract based on the benchmark Nifty 50 rose 0.08% or 20 points to 23,191 as of 7:30 a.m., indicating a likely higher start for the NSE index.

A day prior, Indian equity benchmark indices closed lower for the fifth consecutive day, marking the steepest fall in three weeks.

The NSE Nifty 50 ended 309.80 points, or 1.32% down at 23,071.80, and the 30-stock BSE Sensex ended 1,015.25 points, or 1.31% lower at 76,296.55.

Also Read: Panic On Dalal Street — Here's What Spooked Nifty, Sensex Into Tumbling On Tuesday

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WRITTEN BY
Shubhayan Bhattacharya
Shubhayan covers markets and business news at NDTV Profit. He has a keen in... more
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