iconiifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Sensex Down 0.73%, Nifty Slips to 21,600 Led by Sectoral Sell-Off

12 Feb 2024 , 03:43 PM

On February 12, Indian equity indices experienced a downturn, with the Nifty hovering around 21,600. Here are the key highlights of the trading session, analyzing the performance of various sectors and the impact on key indices.

Key Highlights:

  • Sensex and Nifty Performance: The Sensex closed down by 523 points or 0.73% at 71,072.49, while the Nifty ended lower by 166.50 points or 0.76% at 21,616. Despite this decline, certain sectors managed to hold steady amidst the selling pressure.
  • Top Losers and Gainers: Notable losers on the Nifty included Coal India, Hero MotoCorp, BPCL, ONGC, and IndusInd Bank. Conversely, Dr Reddy's Laboratories, Apollo Hospitals, Wipro, Divis Labs, and HCL Technologies emerged as the top gainers.
  • Sectoral Performance: While healthcare and IT sectors witnessed marginal gains of 0.5% each, other sectors such as FMCG, PSU Bank, capital goods, metal, oil & gas, power, and realty faced declines ranging from 1 to 3%.
  • PSU Bank Index Decline: The Nifty PSU bank index experienced a significant downturn, dropping over 3%. Stocks of Indian Overseas Bank, Central Bank, PSB, Maharashtra Bank, UCO Bank, and Indian Bank registered intraday declines of up to 10%.
  • Midcap and Smallcap Index: The BSE midcap index fell by 2.8%, while the smallcap index recorded a sharper decline of 3.3%. Several stocks, including SJVN, Amber Enterprises, NBCC (India), HUDCO, IRB Infrastructure Developers, Indian Overseas Bank, and MCX India, witnessed losses in the range of 9 to 20%.
  • Nifty Midcap 100 Index: NHPC, IRFC, Bharat Dynamics, RVNL, and Yes Bank shares recorded significant declines, ranging from 8 to 12%.


Related Tags

  • BSE
  • closing bell
  • nifty
  • NSE
  • sensex
  • stock market news
  • Stock Market Updates
sidebar mobile


Read More

Most Read News

4 Mar 2024   |   09:10 AM
4 Mar 2024   |   06:22 PM
4 Mar 2024   |   08:40 AM
4 Mar 2024   |   06:37 PM
Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.