NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on February 13

The Indian equity benchmarks are set to open lower on Friday, February 13, as indicated by the NIFTY futures traded at Gift City in Ahmedabad. NIFTY futures at Gift City fell 143 points to 25,715.

The Indian equity benchmarks ended sharply lower on Thursday, February 12, dragged down by selloff in information technology shares.

The SENSEX dropped as much as 717 points and NIFTY50 index touched an intraday low of 25,752 dragged down by losses in IT heavyweights like Infosys, Tata Consultancy Services (TCS), HCL Technologies, Wipro and Tech Mahindra.

The SENSEX ended 559 points lower at 83,674.92 and NIFTY50 index dropped 147 points to close at 25,807.20.

Asian markets

Asian shares retreated from record highs on Friday as worries about shrinking margins in the tech sector hit the likes of Apple, driving investors into safe-haven bonds ahead of key US inflation data, news agency Reuters reported.

Japan's Nikkei dropped 0.7%, Hong Kong's Hang Seng fell 1.83%, China's Shanghai Composite declined 0.4% and Australia's S&P/ASX 200 1.35%.

Wall Street update

The US markets witnessed a heavy selloff across the board on Thursday after investor scepticism grew over AI stocks. The Dow Jones fell 1.3% to close below 50,000, and the S&P500 plunged 1.5%. While the NASDAQ closed 2% lower, falling the most. Investors are now looking forward to the release of the headline CPI print later today. The investor optimism over stronger-than-expected jobs data was short-lived, as concerns over record AI capex and its returns worried the investors.

Concerns were raised about the impact of AI on the margins of financial, transportation, and logistics companies, and even on commercial real estate companies, generating massive selling pressure on the stocks.

Shares of Cisco fell 14% after its quarterly earnings failed to boost investor optimism around the stock. In the quarterly earnings report, the company’s revenue rose to $3.12 billion from $2.43 billion over the same period a year ago. However, the adjusted gross margins missed expectations as higher prices for memory chips, driven by AI infrastructure demand, impacted margins.

Shares of Apple fell 5% after a Bloomberg report said that the highly anticipated new upgrade of Siri assistant is expected to be delayed due to testing issues. The release of new upgrades is now expected to start from May, much ahead of the earlier schedule in March 2026.

FII/DII activity

Foreign institutional investors bought shares worth ₹108 crore on Thursday while domestic institutional investors purchased shares worth ₹108 crore, data from the National Stock Exchange showed.

The FIIs have so far this month bought shares worth ₹18,771 crore, according to the data from National Securities Depository Limited (NSDL).

Stocks to watch

The state-owned Maharatna firm had reported a profit of ₹8,491 crore in the year-ago period.

Net sales dropped 5% YoY to ₹30,818 crore, while revenue from operations also declined 5% YoY to ₹34,924 crore.

The company's profit before tax (PBT) came in at ₹9,473 crore, down 20% YoY from ₹11,792 crore logged in the corresponding quarter of the previous fiscal year.

The Novelis aluminium plant in Oswego, New York, experienced two significant fires in the hot mill area on September 16, 2025, and November 21, 2025.

The company posted a 15.61% year-on-year (YoY) increase in its consolidated net profit to ₹394.33 crore during the quarter under review, compared to ₹341.09 crore in the December quarter of the 2024-25 fiscal year (Q3FY25).

The airline had a profit of ₹24.97 crore in the December quarter of 2024, as per the standalone financial results submitted to the BSE.

These figures are loss and profit before tax.

Total income declined to ₹1,522.81 crore in the third quarter of the current financial year from ₹1,650.67 crore logged in the same period a year ago.

In a release, the airline said grounded fleet costs, higher ATF prices, rupee depreciation, and the one-time impact of the new labour laws pushed the airline's expenses higher in the December quarter.

The company's net profit stood at ₹632.53 crore during the corresponding period of the previous fiscal year, IHCL said in a statement.

The PAT was driven by the exceptional items, which mainly include profit on the sale of the entire equity stake in the joint venture company with the GVK group at ₹327 crore. There was also an impact on account of the New Labour Codes of ₹37 crore, IHCL Managing Director and CEO Puneet Chhatwal told PTI.

Revenue from operations of the company witnessed 12.19% growth at ₹2,841.96 crores during the quarter under review, compared with ₹2,533 crore in the same period of the previous year.

The Bengaluru-based firm posted a net profit of ₹25 crore for the same quarter of the last fiscal.

The revenue increased to ₹4,173 crore for the period under review against ₹3,821 crore in the year-ago period, the company said in a statement.

The company said its board has now granted in-principle approval to acquire the remaining 2% of Biocon Biologics Ltd's (BBL) paid-up equity share capital on a fully diluted basis from employees of the group.

The consideration for such acquisition of the BBL shares from the employees and other shareholders will be discharged by way of preferential allotment of the equity shares, it added.

The company registered a consolidated net loss of ₹38.92 crore in the year-ago period.

In a filing to BSE, the company said that its consolidated income dropped to ₹961.52 crore compared to ₹1,066.16 crore in the year-ago period.

In a statement, the company said, "The consolidated profit was at ₹8.07 crore in Q3 FY26."

The total expenses of the company declined to ₹985.98 crore from ₹1,309.89 crore in the year-ago period, the filing said.

The company said it has secured an order worth ₹577.89 crore from the Northeast Frontier Railway for the construction of four critical tunnels.

The company registered a net profit of ₹62.71 crore in the October-December period a year ago, according to a regulatory filing from Jagran Prakashan Ltd (JPL).

Its revenue from operations was down 7.7% to ₹476.71 crore in the December quarter. It was at ₹516.50 crore in the corresponding quarter a year ago.

JPL's total expenses were down 5.32% to ₹431.28 crore in the December quarter of FY26.

The total income of JPL, which includes other income, in the December quarter was down 6.16% to ₹504.50 crore.

It logged a profit of ₹26.02 crore in the October-December period a year ago, according to a regulatory filing.

Honasa Consumer's revenue from operations was up 16.23% to ₹601.54 crore in the December quarter of FY26. The revenue was at ₹517.51 crore in the corresponding quarter a year ago.

According to the company, the third-quarter revenue is "the highest-ever quarterly revenue for the company".

Total expenses of Honasa Consumer were at ₹550.31 crore, up 8.47%.

Its focus categories delivered growth of over 25%, driven by strong demand.

Net profit of ₹848 crore in October-December 2025 – the third quarter of the current 2025-26 fiscal year – compared with ₹806 crore earnings in the same period a year back, a company statement said.

The company, which operates two facilities at Dahej in Gujarat and Kochi in Kerala for the import of natural gas in its liquid form (LNG), saw overall volume throughput rise by 2% to 228 trillion British thermal units.

Net profit was ₹358.57 crore in October-December – the third quarter of the 2025-26 financial year – compared with ₹285.82 crore earnings in the same period of the previous fiscal year, the company said in a statement.

EBITDA per cubic metre of gas sold rose to ₹5.45 in Q3 from ₹4.29 a year back.

"IGL registered an overall sales volume growth of 3 per cent over the corresponding quarter in the last fiscal year, with the average daily sale going up from 9.11 million standard cubic metres per day to 9.43 mmscmd during the quarter," it said.

The company said its net profit stood at ₹361 crore for the October-December quarter of the last fiscal.

Revenue from operations rose to ₹1,724 crore for the third quarter as compared with ₹1,614 crore seen in the year-ago period, the drug firm said in a regulatory filing.

The company reported a net profit of ₹213 crore for the October-December quarter of the previous fiscal.

Revenue from operations increased to ₹4,343 crore for the third quarter against ₹3,475 crore in the year-ago period, Bharat Forge said in a regulatory filing.

The company said its board has declared an interim dividend of ₹2 per share.

"The second day of Bharat Heavy Electricals Limited OFS closed with an enthusiastic response from retail investors. The issue was subscribed 1.34 times," Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said on X.

On Wednesday, institutional investors had placed bids for 22.07 crore BHEL shares at an indicative price of ₹256.07 a share, totalling over ₹5,650 crore.

It has received a Letter of Award (LOA) dated February 11, 2026, which was received by its arm Ceigall Infra Projects from the National Highways Authority of India (NHAI) to develop the project under the Hybrid Annuity Mode (HAM), the company said in an exchange filing.

The project involves the construction of four-laning of the Sahebganj–Areraj–Bettiah section of NH-139W, with a total length of 78.942 km, comprising Section 1: Sahebganj to Areraj (38.362 km) and Section 2: Areraj to Bettiah (40.580 km).

The bid project cost is approximately ₹2,160 crore, and the project will be executed under the Hybrid Annuity Model. The construction period is 730 days, followed by a 15-year operation and maintenance (O&M) period.

Trade setup

On the technical charts, after the initial gap-down opening on Friday, the index is expected to find support at the 50 EMA level of 25,650. Experts believe the index will remain under pressure throughout the day. However, a weekly closing above the 25,600 support level would help keep the medium bullish outlook intact.

On the options data front, the 26000 calls continued to hold the highest open interest with strong open interest addition, indicating a strong resistance for the index. On the downside, 25,800 puts hold the highest open interest, indicating a near term support levels.