Weekly Musings – Index Performance for the week ended 13 Feb, 2026

18 Feb 2026 , 01:55 PM

Last week saw caution build across markets, driven mainly by rising concerns about AI-led disruptions in the software space and weakness in technology stocks. The shift in sentiment was reflected in FII activity as well, with FIIs turning net sellers during the week and recording outflows of around INR 4,019 cr. VIX also moved up to 13.29, indicating a pickup in market nervousness. While select pockets such as banking showed some resilience, most indices ended the week on a subdued note. IT stocks faced the sharpest pressure as AI-related uncertainty triggered heavy profit booking, keeping overall market sentiment cautious.

 

BSE SENSEX 30 INDEX – Selling Pressure Drags the Index Lower

Weekly Performance: -1.14%

date	open	high	low	close
13 Feb, 2026	82902.7	83079.7	82534.5	82626.8
12 Feb, 2026	83968.4	84061.6	83516.7	83674.9
11 Feb, 2026	84339.1	84487.3	84081.2	84233.6
10 Feb, 2026	84210.0	84483.0	84063.5	84273.9
09 Feb, 2026	84177.5	84314.7	83860.4	84065.8
06 Feb, 2026	83249.3	83612.1	82925.4	83580.4

Source: BSE

The BSE SENSEX 30 index fell 1.14% in the week ended 13 February 2026, weighed down by persistent selling pressure across key heavyweight stocks. The week remained volatile, with early stability giving way to broad-based profit booking in financials, energy, and select large-cap names. Global technology sector weakness and cautious investor sentiment further pressured the benchmark, while limited buying in defensive stocks only helped restrict deeper losses. The index hit a high of 84,487.3 and a low of 82,534.5 during the week. It closed at 82,626.8 on 13 Feb, recording a weekly loss of 953.6 pts.

 

NIFTY 50 INDEX – AI Concerns Trigger Broad Market Pullback

Weekly Performance: -0.87%

date	open	high	low	close
13 Feb, 2026	25571.2	25630.3	25444.3	25471.1
12 Feb, 2026	25906.7	25906.7	25752.4	25807.2
11 Feb, 2026	25997.5	26009.4	25899.8	25953.8
10 Feb, 2026	25922.7	25989.5	25870.5	25935.2
09 Feb, 2026	25888.7	25922.2	25780.9	25867.3
06 Feb, 2026	25605.8	25704.0	25491.9	25693.7

Source: NSE

The NIFTY 50 declined 0.87% during the week ended 13 February 2026, weighed down by AI-related concerns, global technology sector weakness, and profit booking in frontline stocks. IT stocks witnessed sharp selling pressure amid global tech uncertainty, while cautious institutional positioning and subdued market breadth further pressured sentiment. On the other hand, limited support from defensive and select large-cap stocks helped restrict deeper losses but failed to reverse the broader decline. Overall, the index hit a high of 26,009.4 and a low of 25,444.3 during the week. It closed at 25,471.1 on 13 Feb, recording a weekly loss of 222.6 pts.

 

NIFTY MIDCAP 100 INDEX – Midcaps Slip on Broad Market Weakness

Weekly Performance: -0.11%

date	open	high	low	close
13 Feb, 2026	59978.4	59981.0	59194.2	59438.0
12 Feb, 2026	60695.8	60699.6	60194.1	60470.8
11 Feb, 2026	60812.1	60815.2	60431.7	60754.6
10 Feb, 2026	60723.0	60819.7	60442.4	60735.9
09 Feb, 2026	59896.2	60498.1	59767.6	60441.2
06 Feb, 2026	59400.8	59573.6	58757.8	59502.7

Source: NSE

The NIFTY MIDCAP 100 index edged down 0.11% during the week ended 13 February 2026, as cautious sentiment and profit booking in select stocks kept the index under pressure. While media, auto, and consumption names saw selective buying, this was not enough to offset broader weakness across mid-cap counters. Overall, the index hit a high of 60,819.7 and a low of 58,757.8 during the week. It closed at 59,438.0 on 13 Feb, recording a weekly loss of 64.7 pts.

 

NIFTY SMALLCAP 100 INDEX – Selective Buying Lifts Small-Cap Index

Weekly Performance: 0.56%

date	open	high	low	close
13 Feb, 2026	17193.7	17196.3	16951.9	17032.9
12 Feb, 2026	17433.2	17435.0	17275.2	17344.1
11 Feb, 2026	17482.3	17483.2	17362.1	17455.0
10 Feb, 2026	17447.3	17508.8	17397.2	17451.2
09 Feb, 2026	17082.5	17404.2	17045.6	17385.9
06 Feb, 2026	16914.4	16957.0	16705.3	16938.7

Source: NSE

The NIFTY SMALLCAP 100 index rose 0.56% during the week ended 13 February 2026, supported by selective buying across small-cap stocks despite broader market volatility. This is a notable exception and is mainly driven by the relatively lower weight of technology stocks that corrected sharply. While intermittent profit booking capped sharper gains, resilience in consumption and cyclical names helped the index hold firm. Overall, the index hit a high of 17,508.8 and a low of 16,705.4 during the week. It closed at 17,032.9 on 13 Feb, recording a weekly gain of 94.2 pts.

 

NIFTY BANK INDEX – Modest Gains Amid Volatility

Weekly Performance: 0.11%

date	open	high	low	close
13 Feb, 2026	60504.4	60621.9	60073.6	60186.6
12 Feb, 2026	60786.1	60864.4	60597.6	60739.8
11 Feb, 2026	60670.2	60779.9	60444.6	60745.4
10 Feb, 2026	60740.8	60797.6	60531.6	60626.4
09 Feb, 2026	60805.2	60876.2	60495.7	60669.4
06 Feb, 2026	59967.1	60149.9	59644.6	60120.6

Source: NSE

The NIFTY BANK index rose 0.11% during the week ended 13 February 2026, supported by selective buying in banking stocks despite broader market volatility. The index remained range-bound through the week, with intermittent profit booking near higher levels limiting sharper upside. While pockets of strength were visible in select private and PSU banks, cautious sentiment kept gains modest. Overall, the index hit a high of 60,876.2 and a low of 59,644.6 during the week. It closed at 60,186.6 on 13 Feb, recording a weekly gain of 66.1 pts.

 

NIFTY IT INDEX – AI Anxiety Sends Tech Stocks Tumbling

Weekly Performance: -8.23%

date	open	high	low	close
13 Feb, 2026	31487.4	32932.8	31422.6	32681.5
12 Feb, 2026	34439.0	34488.8	33058.2	33160.2
11 Feb, 2026	35788.6	35857.6	35013.6	35095.1
10 Feb, 2026	35656.9	36059.6	35427.4	35722.2
09 Feb, 2026	35840.9	36056.4	35544.1	35616.6
06 Feb, 2026	36079.9	36105.9	35211.9	35611.1

Source: NSE

The NIFTY IT index plunged 8.23% during the week ended 13 February 2026, as AI-related uncertainty and global technology sector weakness triggered heavy selling across IT stocks. The index remained under pressure throughout the week, with persistent profit booking and cautious sentiment driving a sharp decline in frontline tech names. While minor recovery attempts were seen near lower levels, they were insufficient to offset the broader selloff. Overall, the index hit a high of 36,105.9 and a low of 31,422.6 during the week. It closed at 32,681.5 on 13 Feb, recording a weekly loss of 2,929.6 pts.

 

NIFTY OIL & GAS INDEX – Crude Weakness Drags Energy Index Lower

Weekly Performance: -1.9%

date	open	high	low	close
13 Feb, 2026	12120.8	12132.8	11958.1	11976.5
12 Feb, 2026	12371.0	12395.0	12137.8	12205.5
11 Feb, 2026	12303.8	12359.3	12230.7	12352.3
10 Feb, 2026	12286.9	12329.9	12235.6	12297.0
09 Feb, 2026	12250.5	12297.4	12203.9	12255.0
06 Feb, 2026	12139.8	12219.4	12080.0	12208.2

Source: NSE

The NIFTY OIL & GAS index fell 1.9% during the week ended 13 February 2026, as softer crude prices and profit booking in energy stocks kept the sector under pressure. Limited buying interest failed to offset the broader weakness across oil and gas counters. Overall, the index hit a high of 12,395.0 and a low of 11,958.1 during the week. It closed at 11,976.5 on 13 Feb, recording a weekly loss of 231.8 pts.

 

NIFTY FMCG INDEX – Profit Booking Drags Consumer Stocks Lower

Weekly Performance: -1.89%

date	open	high	low	close
13 Feb, 2026	51690.1	51690.1	50811.9	50902.1
12 Feb, 2026	52212.7	52221.8	51571.5	51885.8
11 Feb, 2026	52335.9	52411.1	51967.7	52152.1
10 Feb, 2026	52105.1	52183.6	51889.1	52130.4
09 Feb, 2026	52041.0	52098.4	51582.8	52047.3
06 Feb, 2026	50667.9	51935.6	50383.9	51882.8

Source: NSE

The NIFTY FMCG index fell 1.89% during the week ended 13 February 2026, as profit booking in defensive consumer stocks and broader market weakness weighed on the sector. Limited buying interest failed to offset the decline, keeping the index under pressure through the week. Overall, the index hit a high of 52,411.1 and a low of 50,383.9 during the week. It closed at 50,902.1 on 13 Feb, recording a weekly loss of 980.6 pts.