The Indian stock market ended the day in a mixed note on Wednesday, February 11, with the Sensex slipping slightly while the Nifty 50 edged higher, reflecting a pause after a strong run in recent sessions. Investors appeared to consolidate their positions as broader indices remained largely steady, indicating cautious market sentiment.
The BSE Sensex closed at 84,233.64, down 40 points (0.05%), while the Nifty 50 settled at 25,953.85, up 19 points (0.07%). Meanwhile, the mid and small-cap segments showed subtle shifts—BSE 150 MidCap Index fell 0.02%, and BSE 250 SmallCap Index rose 0.13%, highlighting selective buying in smaller stocks.
Market Performance: Snapshot of Key Indices
- Sensex: 84,233.64, down 40 points (-0.05%)
- Nifty 50: 25,953.85, up 19 points (+0.07%)
- BSE MidCap: Down 0.02%
- BSE SmallCap: Up 0.13%
The day's movement suggested a brief consolidation after several consecutive sessions of gains, with investors keeping a close watch on corporate results and macroeconomic cues.
Top Movers in Nifty 50
Certain stocks led the gains while others dragged the index slightly lower:
Top Gainers:
- Eicher Motors: +6.45%
- Apollo Hospitals Enterprise: +3.98%
- Max Healthcare Institute: +3.33%
Top Losers:
- TCS: -2.53%
- Infosys: -1.79%
- Coal India: -1.67%
The day's swings highlighted sector-specific trends, with auto and healthcare stocks driving positive momentum, while IT majors saw pressure.
Sectoral Trends
- Nifty Healthcare: +1.62%
- Nifty Auto: +1.30%
- Nifty PSU Bank: +1.03%
- Nifty Pharma: +1.01%
- Nifty Bank: +0.20%
- Nifty IT: -1.76% (notable decline)
- Private Banks: -0.16%
Sectoral indices indicated selective buying interest, especially in healthcare, automobiles, and PSU banks, while IT and private banks faced selling pressure.
Most Active Stocks by Volume
Trading activity remained concentrated in a few stocks with high volumes:
- Vodafone Idea: 85.9 crore shares
- Tata Silver ETF: 19.7 crore shares
- GTL Infrastructure: 17.8 crore shares
High volumes in these counters reflected heightened market participation in certain segments, even as overall market sentiment stayed cautious.
Market Breadth
- Advancers: 1,950+ stocks
- Decliners: 2,200+ stocks
The broader market saw more decliners than advancers, signaling that profit-booking was prevalent after the recent rally.
Notable Price Surges and Lows
Stocks with 15%+ intraday jump on BSE:
- Airan, Brightcom Group, Suryalakshmi Cotton Mills, Man Industries (India), Allcargo Terminals, among others (14 stocks in total).
Stocks hitting 52-week highs (131 stocks):
- Titan Company, SBI, Bajaj Auto, Eicher Motors, Samvardhana Motherson International, and others.
Stocks hitting 52-week lows (75 stocks):
These moves showcased the market’s divergence, with pockets of strong momentum in some counters even as others softened.
Summary
Wednesday’s market action reflected consolidation after a strong run, with the Sensex slightly lower and the Nifty 50 inching higher. Sectoral trends showed robust buying in healthcare, auto, and PSU banks, while IT faced pressure. Mid and small-cap segments saw selective activity, and volumes highlighted heightened participation in a few counters.
Overall, the market maintained a cautious yet stable stance, waiting for macro updates, earnings trends, and corporate cues in the coming sessions.
Source: Livemint
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