On Tuesday, the Indian bourses traded in the red with the Nifty 50 opening at 25,641.80, reaching a high of 25,641.80, and closing at 25,424.65, down by 1.12%. Similarly, the BSE Sensex opened at 83,052.54, reached a high of 83,079.51, and ended at 82,225.92, down by 1.28%.The reason for the downward trend today was selling pressure across various sectors after the recent rally, and concerns over AI disruption in the IT sector persisted.Reasons for the negative sentimentThe following are the reasons for the negative sentiment:The rupee declined by 7 paise to 90.96 against the U.S dollar.Higher crude prices widen the trade deficit and fuel inflationary pressures, impacting investor sentiment in Indian markets.Mixed cues from the global markets.The domestic institutional investors exited the markets.Major Indices Today IndicesLTPPrev closeChangeNifty 5025,424.6525,713.00-1.12%BSE Sensex82,225.9283,294.66-1.28%Next 5069,778.4569,723.100.08%Bank Nifty61,047.3061,264.25-0.35%Fin Nifty28,295.1028,455.00-0.56% The benchmark indices, Nifty 50 and Sensex, traded in red, dragged by IT and Banking stocks.Nifty Next 50 was higher due to gains in Metal, Energy, and FMCG stocks.Nifty Bank traded in the red after Union Finance Minister Nirmala Sitharaman said the government is not currently planning mergers among PSU banks.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT30,053.5031,550.50-4.74%Nifty Auto27,950.0028,077.00-0.45%Nifty FMCG52,235.2552,136.550.19%Nifty Pharma22,632.0522,578.550.24%Nifty Healthcare14,665.3514,632.600.22%Nifty Oil & Gas12,211.4512,151.150.50% Nifty IT traded in the red, weighed down by losses in U.S. tech stocks amid concerns about AI disruption. Nifty Auto traded lower amid profit booking after the recent rally.Nifty FMCG traded higher as investors shifted to defensive stocks amid cautious market sentiment.Nifty Pharma traded in the green, with most pharma stocks rising on heavy volumes.Nifty Oil and Gas traded higher amid a rise in crude oil prices.Market Movers Today Pace Digitek shares rose by 3% after the company won a purchase order worth ₹158.71 crore from Reliance Industries. Indoco Remedies shares rose by 7% after receiving US FDA approval for Brivaracetam Oral Solution, 10 mg/mL, which is used to treat partial-onset seizures in patients aged one month and older.Pharma companies, namely Torrent Pharmaceuticals, JB Chemicals & Pharmaceuticals, Natco Pharma, Indoco Remedies, Morepen Laboratories, Eris Lifesciences, Aurobindo Pharma, Cipla, Sun Pharmaceutical Industries, and Laurus Labs, were up by 0.4% to 6% amid heavy volumes.One Mobikwik Systems share rose by 13% after the company’s subsidiary, Mobikwik Securities Broking, received approval from BSE to start the broking business.Top Gainers Company NameLTPPrev CloseChangeBandhan Bank180.55173.653.97%Waaree Energies3,023.502,915.803.69%AU Small Finance Bank1,002.20974.102.88%Torrent Pharmaceuticals4,397.904,307.602.10%Hitachi Energy24,903.0024,243.002.72% Top Losers Company NameLTPPrev CloseChangeTech Mahindra1,345.401,440.90-6.63%Coforge1,212.201,289.00-5.96%HCL Technologies1,339.201,426.20-6.10%Persistent Systems4,662.004,977.50-6.34%LTI Mindtree4,501.004,831.50-6.84% 52W High Stocks Company NameLTP52W highChangeState Bank of India1,223.301,234.70-0.37%Larsen & Toubro4,259.204,440.00-3.60%NTPC382.75385.001.94%ICICI Prudential Asset Management3,150.003,172.000.61%Union Bank of India200.62202.241.44% 52W Low Stocks Company NameLTP52W lowChangeTata Consultancy Services2,573.702,561.30-3.83%Infosys1,275.501,264.10-3.92%Wipro200.14199.36-2.79%SRF2,583.602,553.00-2.36%Bajaj Housing Finance87.3286.670.07% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea10.9110.98-0.64%IDFC First Bank70.9770.041.33%Yes Bank20.8220.89-0.34%Eternal254.00268.00-5.22%Suzlon Energy44.1344.25-0.27% IPOsPNGS Reva Diamond Jewellery IPO opened today and will close on 26th February. The price band set for the IPO is ₹367 to ₹386.Clean Max Enviro Energy Solutions and Shree Ram Twistex IPOs are open and will close on 25th February. The price bands set for the IPOs are ₹1000 to ₹1053 and ₹95 to ₹104, respectively.Gaudium IVF & Women Health IPO closed today. The price band set for the IPO was ₹75 to ₹79.Market AnnouncementsEris Lifesciences partnered with Natco Pharma to expand its position in the fast‑growing diabetes and metabolic‑care market by launching semaglutide in India by 2026.Edelweiss Financial Services shares rose by 1.72% after Rashesh Chandrakant Shah acquired 1 crore equity shares in the company for ₹118 crore from Venkatchalam Arakoni Ramaswamy through a bulk deal.
