SENSEX slumps 450 pts, NIFTY50 below 25,650 in noon session; JSW Cement, HAL among buzzing stocks

The Indian benchmark indices, SENSEX and NIFTY50, were trading in the negative territory during the afternoon session on Thursday, February 5, dragged by losses in defence, metal, and capital market stocks.

The SENSEX slumped as much as 0.65% to an intraday low of 83,275.77. Meanwhile, the NIFTY50 touched the session’s low of 25,603.75.

At 12:33 PM, the S&P BSE SENSEX fell by 450.15 points, or 0.54%, to 83,367.54, while NSE’s NIFTY50 was trading at 25,630.15, marking a 145.85 points, or 0.57% decline.

Shares of Hindalco Industries, which fell 3.10%, contributed to the decline of the NIFTY50 index. It was followed by Eternal (-2.46%), Tata Motors PV (-2.08%), Bharat Electronics (-1.94%), and InterGlobe Aviation (-1.88%), which were among the top losers.

On the flipside, the top gainers included Trent (1.65%), State Bank of India (0.62%), Dr. Reddy's Laboratories (0.47%), Jio Financial Services (0.43%) and Oil & Natural Gas Corporation (0.41%).

Buzzing stocks on February 5: Check list

Shares of JSW Cement rose as much as 9% to hit an intraday high of ₹126.96 on the National Stock Exchange (NSE) on Thursday, February 5, after it reported its earnings for the December quarter of FY26.

It posted a net profit of ₹142 crore during the quarter under review, compared to a loss of ₹69 crore in the third quarter of FY25.

Its revenue from operations saw a 13% year-on-year (YoY) increase to ₹1,621 crore for Q3FY26, as against ₹1,433 crore in the year-ago period.

Hindustan Aeronautics stock declined as much as 6.29% to the session’s low of ₹3,952 per equity share on the NSE.

In the late morning deals, HAL issued a clarification regarding LCA MklA deliveries. In its statement, it said it confirms that five aircraft are fully ready for delivery, incorporating major contracted capabilities in accordance with the agreed specifications.

"An additional nine aircraft have already been built and flown. Upon receipt of engines from GE, these aircraft will be made ready for delivery," it added.

All design and development issues identified are being addressed in an expedited manner. HAL is in active discussions with the Indian Air Force to deliver the aircraft at the earliest, the company said.

Shares of Hexaware Technologies tumbled as much as 10.1% to an intraday low of ₹620.25 per unit on Thursday, after it posted its earnings for the third quarter of FY26.

At around 12:46 pm, the stock was trading 3.86% lower at ₹4,054.40 per unit on the NSE.

In Q3FY26, its consolidated net profit stood at ₹2,919 crore, marking a 8.47% decline YoY from ₹3,189 crore in the year-ago period.

However, its revenue from operations surged 10.26% YoY to ₹34,782 crore during the quarter under review, as against ₹31,544 crore for Q3 of FY25.

The stock of NBCC slipped as much as 4.4% to the day’s low of ₹99.75 per equity share, as it received orders from CGST authorities regarding the demand of tax, along with penalty and interest under the Goods and Services Tax (CGST) Act, 2017.

The GST department issued a demand of tax of ₹8.22 lakh (or ₹8,21,75,092), along with a penalty of ₹82,17,509 and interest of ₹5.52 lakh (or ₹5,52,35,169) against the show cause notice (SCN) issued for FY 2021-22.

“It is further mentioned that the Company is in the process of taking of the necessary steps to file an appeal against the orders before the appropriate authority, and it does not anticipate any material impact on its financial, operational, or other business activities as a result,” it said in a regulatory filing on Wednesday.

Devyani International shares soared as much as 9.73% to an intraday high of ₹135.25 apiece, as it posted its earnings for the quarter ended December 31, 2025.

Its consolidated net loss widened ot ₹10.39 crore during the quarter under review, compared to ₹0.49 crore in the December quarter of FY25.

Its revenue from operations, however, surged 11.32% YoY to ₹1,440.9 crore in the third quarter of FY26, as against ₹1,294.4 crore in the year-ago period.

Trent stock rose as much as 2.6% to an intraday high of ₹4,117.40 per unit on the NSE, as it posted its results for the October-December quarter of FY26.

It reported a 2.73% YoY increase in its consolidated net profit to ₹510.11 crore during the quarter under review, compared to ₹498.54 crore it logged in the year-ago period. It reported an exceptional item (net loss) of ₹26.11 crore due to the implementation of the new Labour Codes.

Its revenue from operations stood at ₹5,345.06 crore in Q3 FY26, marking a 14.78% YoY jump from ₹4,656.56 crore in the December quarter of FY25.

Shares of InterGlobe Aviation, the parent company of IndiGo airline, declined as much as 3.64% to hit the session’s low of ₹4,780.30 apiece, after the Competition Commission of India (CCI) ordered a detailed probe against IndiGo for unfair business practices.

The CCI on Wednesday ordered a detailed probe against IndiGo for unfair business practices, nearly two months after the country's largest airline cancelled thousands of flights due to operational issues, causing hardships to passengers.

After considering the data related to airlines and those provided by the aviation regulator DGCA, the Competition Commission of India (CCI) has prima facie concluded that IndiGo has abused its dominant position.

In a 16-page order, CCI said that by cancelling thousands of flights, which constituted a significant portion of the scheduled capacity, IndiGo effectively withheld its services from the market, creating an artificial scarcity and limiting consumer access to air travel during peak demand.