Sensex Sees 2nd Day of Losses
2026-02-12 11:39
By
Luisa Carvalho
1 min. read
India's BSE Sensex closed about 0.7% down at 83,674.9 on Thursday, retreating for the second straight session, as a sharp selloff hit the technology sector.
Persistent concerns over artificial intelligence disruptions and waning hopes of a Fed rate cut after robust US economic data weighed.
Meanwhile, foreign investors continued to show strong interest, buying in six of the past seven sessions.
Also tempering sentiment was optimism surrounding the long-pending US-India trade deal.
On equities, Tech Mahindra, Infosys, Tata Consultancy Services and HCL Tech were among the IT stocks which slipped over 5%.
Hindustan Unilever slipped 2.2% after reporting a 15% year-on-year decline in third quarter profit.
On the flip side, Bajaj Finance, ICICI Bank, Trent, Bharat Electronics Ltd, State Bank of India, Asian Paints and Bajaj Finserv posted the biggest gains, up to 3.4%.