Market Wrap, February 14: Bears continue to roar! SENSEX, NIFTY50 fall for 8th session, mark longest losing streak in 2 years

Stock market today: The equity benchmark indices on Friday, February 14, extended their losses for the eighth consecutive session as investors remained concerned about the reciprocal tariffs from the US on the countries, including India.

"On trade, I have decided that for the purpose of fairness, I'll charge reciprocal tariffs—meaning, whatever countries charge the United States of America, we will charge them—no more, no less. They charge us with tax and tariffs; it's very simple; we will charge them with exact tax and tariffs," said US President Donald Trump.

At close, the S&P BSE SENSEX stood at 75,939.21, down 199.76 points, or 0.26%, while the NSE's NIFTY50 index ended at 22,929.25, down 102.15 points, or 0.4%.

This was the longest losing streak for the Indian stock market in two years.

The market capitalisation of the BSE-listed companies dropped ₹7.18 trillion from ₹407.26 trillion on Thursday to ₹400.08 trillion.

Prime Minister Narendra Modi met US President Donald Trump on Thursday during his two-day visit to the US. The two leaders held high-stakes talks, focusing on trade, energy, technology, and immigration.

Trump added that India's tariffs were "very high" and promised to match them, even after his earlier levies on steel and aluminum hit metal-producing India particularly hard. "We are being reciprocal with India," Trump said during the press conference. "Whatever India charges, we charge them."

On the global front, Asian markets were trading mostly in green following positive cues from the US markets overnight.

Asian markets were trading mostly in green; the Hang Seng advanced 572.25 points, or 2.56%, to 22,386.62; the Jakarta Composite gained 9.53 points, or 0.14%, to 6,623.10; the Shanghai Composite strengthened 8.73 points, or 0.26%, to 3,341.21; and the KOSPI increased 8.72 points, or 0.34%, to 2,591.89. However, the Straits Times fell 7.07 points, or 0.18%, to 3,875.51; the Nikkei 225 slipped 321.13 points, or 0.82%, to 39,140.34; and the Taiwan Weighted lost 198.54 points, or 0.86%, to 23,200.87.

Market statistics

As many as 4,083 stocks traded on the BSE on Friday. Out of this, 3,320 declined and only 681 stocks advanced while 82 scrips remained unchanged.

A total of 47 stocks hit their 52-week highs while 641 stocks touched their one-year lows. Besides, only 8 stocks hit their upper circuit limits and only 5 touched their lower circuit bands on Friday.

On a weekly basis, SENSEX lost 2.46%, while the broader NIFTY50 index of the NSE tumbled 2.67%.

This was their worst weekly loss in 2025.

Top gainers and losers

Only 9 stocks on the NIFTY50 index ended in the green, while the remaining 41 closed in the red. The top five gainers on the index were Britannia, ICICI Bank, Nestle India, Infosys, and HCL Tech, rising as much as 0.95%.

The top five losers were Adani Ports, Bharat Electronics, Adani Enterprises, Trent, and Grasim, declining as much as 4.63% on the 50-share index.

Broader market

The broader market closed lower with the BSE MidCap index ending at 40,993.79, tanking 1,056.32 points, or 2.59%, while the BSE SmallCap index settled at 47,109.06 levels, declining 1,522.44 points, or 3.24%.

Sector watch

All the sectors closed lower on Friday, with BSE Services (-3.16%), Industrials (-3.03%), Healthcare (-2.77%), Capital Goods (-2.76%), and Power (-2.65%) being the biggest sectoral losers.