HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Key gauges end flat; IT shares decline
Feb-11-2026

Indian equity benchmarks ended on a flat note in a choppy session on Wednesday as gains in Healthcare and Auto shares were offset by losses in IT stocks. Investors were cautious ahead of January domestic inflation data, scheduled to be released tomorrow, that could signal the RBI's next move on interest rates. 

Some of the important factors in trade:

Unemployment declines marginally to 6.7% in October-December 2025: The National Statistics Office (NSO) in its quarterly Periodic Labour Force Survey (PLFS) has showed that the rate of unemployment among persons aged 15 years and above in cities declined marginally to 6.7 per cent in October-December 2025 from 6.9 per cent in the previous quarter. 

India-EU agreement 'truly mother of all deals': Commerce Secretary Rajesh Agrawal has said that the recent conclusion of negotiations for a Free Trade Agreement (FTA) between India and the 27-nation European Union (EU) is 'truly a mother of all deals' as it covers together nearly one-fourth of the global economy. 

India reducing reliance on Russian oil, diversifies energy sources: United States Trade Representative (USTR) Jamieson Greer said that India has already started winding down its purchases of Russian oil, while stepping up its energy imports from America and other sources. 

Rupee falls against US Dollar: Indian rupee depreciated against the US dollar, on dollar demand from importers and geopolitical tensions.

Global front: European markets were trading mostly in red as investors digested mixed earnings results and awaited key U.S. jobs and inflation readings for direction. Asian markets ended higher after China ‘s Consumer price inflation weakened to 0.2 percent in January from 0.8 percent in December. 

Finally, the BSE Sensex fell 40.28 points or 0.05% to 84,233.64 and the CNX Nifty was up by 18.70 points or 0.07% to 25,953.85.    

The BSE Sensex touched high and low of 84,487.34 and 84,081.25 respectively. There were 14 stocks advancing against 16 stocks declining on the index.

The top gaining sectoral indices on the BSE were Healthcare up by 1.36%, Auto up by 1.23%, Realty up by 0.59%, PSU up by 0.55% and Telecom up by 0.55%, while IT down by 1.73%, TECK down by 1.05%, Industrials down by 0.04% and FMCG down by 0.04% were the top losing indices on BSE.

The top gainers on the Sensex were SBI up by 3.40%, Maruti Suzuki up by 1.70%, Interglobe Aviation up by 1.06%, Trent up by 0.86% and Reliance Industries up by 0.69%. On the flip side, TCS down by 2.51%, Infosys down by 1.75%, HCL Technologies down by 1.34%, Eternal down by 1.04% and ITC down by 0.98% were the top losers.

Meanwhile, United States Trade Representative (USTR) Jamieson Greer said that India has already started winding down its purchases of Russian oil, while stepping up its energy imports from America and other sources. President Donald Trump and Prime Minister Narendra Modi held a discussion recently, during which both nations agreed on a framework for an Interim Trade Agreement on reciprocal trade and reaffirmed their commitment to broader US-India Bilateral Trade Agreement (BTA) negotiations.

Trump also agreed to remove the punitive 25 per cent tariff on imports from India in recognition of India’s commitment to stop purchasing Russian oil. Greer stated that the U.S. has discussed India's oil purchases from Venezuela and added that prior to the 2022 Russian invasion of Ukraine, the Indians did not really procure Russian oil. 

It's really an artefact of the Russia-Ukraine war and the discounted oil they could get. Moreover, he said that India was refining oil from Russia and selling it to European countries. He added ‘I mean, Europe and India essentially were underwriting Russia's war in Ukraine’.

CNX Nifty touched high and low of 26,009.40 and 25,899.80 respectively. There were 23 stocks advancing against 26 stocks declining, while 1 stock remained unchanged on the index.

The top gainers on Nifty were Eicher Motors up by 6.45%, Apollo Hospital up by 3.98%, Max Healthcare Inst up by 3.33%, SBI up by 3.23% and Maruti Suzuki up by 1.89%. On the flip side, TCS down by 2.53%, Infosys down by 1.79%, Coal India down by 1.67%, HCL Technologies down by 1.53% and Tech Mahindra down by 1.19% were the top losers.

European markets were trading mostly in red; France’s CAC fell 22.68 points or 0.27% to 8,305.20 and Germany’s DAX lost 17.45 points or 0.07% to 24,970.40, while UK’s FTSE 100 increased 60.56 points or 0.58% to 10,414.40. 

Asian markets ended higher on Wednesday as softer-than-expected US retail sales data, for December lifted the prospect of near-term Federal Reserve rate cuts. The Chinese Shanghai Composite rose marginally, while China's yuan fell as slower consumer inflation for January and persistent producer-price deflation reinforced expectations of new support measures. China inflation softened in January due to Lunar New Year holiday effects, while producer price deflation softened. Consumer price inflation weakened to 0.2% in the month January from 0.8% in December. Inflation was seen at 0.4%. On monthly basis, consumer prices gained 0.2%, slightly slower than the expected growth of 0.3%. Besides, South Korean shares gained for the third consecutive session, with automakers and financials leading the surge. Japanese markets were closed for the National Founding Day. 

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,131.99

3.61

0.09

Hang Seng

27,266.38

83.23

0.31

Jakarta Composite

8,290.97

159.23

1.96

KLSE Composite

1,756.39

8.85

0.51

Nikkei 225

--

--

--

Straits Times

4,984.58

20.33

0.41

KOSPI Composite

5,354.49

52.80

1.00

Taiwan Weighted

33,605.71

532.74

1.61
  RELATED NEWS >>
Most Viewed >>
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.