{"id":21224,"date":"2026-02-12T17:18:19","date_gmt":"2026-02-12T11:48:19","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=21224"},"modified":"2026-02-12T17:18:19","modified_gmt":"2026-02-12T11:48:19","slug":"tech-led-sell-off-hits-markets-again-with-nifty-and-sensex-under-pressure","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/tech-led-sell-off-hits-markets-again-with-nifty-and-sensex-under-pressure\/","title":{"rendered":"Tech-led sell-off hits markets again with Nifty and Sensex under pressure\u2014where is the support zone?"},"content":{"rendered":"

IT sell-off deepens as AI fears and US rate signals pull Nifty to 25,800, Sensex down 559 points<\/p>\n\n\n\n\n\n\n\n
Index<\/b><\/td>\nPrice<\/b><\/td>\nChange<\/b><\/td>\n% Chg<\/b><\/td>\n<\/tr>\n
Nifty 50<\/b><\/a><\/td>\n25,807.20<\/b><\/td>\n146.65 <\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span><\/td>\n-0.57<\/b>%<\/b><\/span><\/td>\n<\/tr>\n
Nifty Bank<\/b><\/a><\/td>\n60,739.75<\/b><\/td>\n5.60 <\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span><\/td>\n-0.01<\/b>%<\/b><\/span><\/td>\n<\/tr>\n
Nifty Financial<\/b><\/a><\/td>\n28,385.20<\/b><\/td>\n108.25\u00a0<\/span> \u00a0 <\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span><\/td>\n+<\/b>0.38<\/b>%<\/b><\/span><\/td>\n<\/tr>\n
BSE SENSEX<\/b><\/a><\/td>\n83,674.92<\/b><\/td>\n558.72\u00a0<\/span> <\/b>\u00a0\u00a0<\/b>\u00a0<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/b>\u00a0<\/b>\u00a0<\/b>\u00a0\u00a0\u00a0\u00a0<\/b>\u00a0<\/b>\u00a0\u00a0\u00a0\u00a0\u00a0<\/b>\u00a0<\/b>\u00a0<\/b>\u00a0<\/b>\u00a0\u00a0<\/b>\u00a0\u00a0\u00a0<\/b>\u00a0\u00a0<\/b>\u00a0\u00a0<\/b>\u00a0\u00a0\u00a0\u00a0<\/b>\u00a0<\/b><\/td>\n-0.66<\/b>%<\/b><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Indian equity benchmarks ended lower on February 12, dragged by a sharp sell-off in information technology shares as investors reacted to artificial intelligence\u2013led disruption concerns and stronger-than-expected US jobs data that dampened hopes of near-term rate cuts.<\/p>\n

The Nifty 50 fell 146.65 points, or 0.57%, to close at 25,807.20, hovering near the 25,800 mark and snapping a four-day winning streak. The BSE Sensex declined 558.72 points, or 0.66%, to 83,674.92. Both indices traded in a relatively narrow band through the session after a weak opening.<\/p>\n

The decline wiped out an estimated \u20b92.80 lakh crore in investor wealth, with total BSE market capitalisation slipping to about \u20b9472 lakh crore, according to exchange data.<\/p>\n

The Nifty IT index dropped around 5%, sliding to a 10-month low and extending its recent correction. The sector had already fallen about 7% last week and is down roughly 11% so far in 2026 after a 12.6% decline in 2025.<\/p>\n

Also Read : Indian Air Force Set to Add More Dassault Rafale Jets as India Clears Major Deal With France \u2014 What It Signals for Defence Ties<\/a><\/p>\n

Why it matters: IT\u2019s weight makes it a market mover<\/strong><\/h2>\n

The IT sector carries significant weight in benchmark indices and in foreign investor portfolios. Sharp moves in frontline IT stocks often ripple through the broader market, influencing index direction, derivatives positioning and sentiment.<\/p>\n

The latest decline underscores how quickly global macro signals\u2014particularly from the US, the largest market for Indian IT services\u2014can affect domestic equities. Strong US jobs data reduces the likelihood of early Federal Reserve rate cuts, which in turn supports higher bond yields and pressures growth-oriented sectors such as technology.<\/p>\n

At the same time, the debate over AI\u2019s impact on traditional IT services business models is shifting from theoretical to financial, with investors reassessing earnings durability and valuation multiples.<\/p>\n

Top Sector Gainers<\/strong><\/h3>\n
    \n
  1. \n

    Consumer Durables<\/strong> \u2013 +0.40%
    Benefited from relative defensive positioning as discretionary demand stocks outperformed the broader market.<\/em><\/p>\n<\/li>\n

  2. \n

    Metal<\/strong> \u2013 +0.02%
    Minimal gain amid selective buying in specific commodity-linked names.<\/em><\/p>\n<\/li>\n<\/ol>\n

    Top Sector Losers<\/strong><\/h3>\n
      \n
    1. \n

      Information Technology (IT)<\/strong> \u2013 -5.51%
      The hardest hit sector as AI disruption fears and weak global tech cues drove widespread selling.<\/em><\/p>\n<\/li>\n

    2. \n

      Realty<\/strong> \u2013 -1.45%
      Declined on risk-off sentiment and profit booking in heavyweight real estate names.<\/em><\/p>\n<\/li>\n

    3. \n

      Media<\/strong> \u2013 -1.31%
      Underperformed amid sector-wide weak flows.<\/em><\/p>\n<\/li>\n

    4. \n

      Oil & Gas<\/strong> \u2013 -1.19%
      Weighed by broader risk aversion despite crude strength.<\/em><\/p>\n<\/li>\n

    5. \n

      FMCG<\/strong> \u2013 -0.51%
      Slightly lower in the session despite defensive characteristics.<\/em><\/p>\n<\/li>\n<\/ol>\n

      Highlights<\/strong><\/h3>\n