Indian equity markets faced a challenging session on February 10, with significant foreign fund outflows weighing on sentiment. Foreign Institutional Investors (FII/FPI) were net sellers, offloading Rs 2,463.72 crore worth of equities, while Domestic Institutional Investors (DII) cushioned the fall with a net purchase of Rs 1,515.52 crore.
Key Market Highlights:
- Indices Performance:
The Sensex declined 548.39 points or 0.70% to close at 77,311.80, and the Nifty slipped 178.35 points or 0.76% to settle at 23,381.60.- Nifty Midcap and Smallcap indices shed 2% each.
- Sectoral Performance:
All sectoral indices ended in the red, with heavy losses seen in metal, media, pharma, consumer durables, energy, and realty, each falling 2%. - Top Losers:
Trent, Power Grid Corp, Tata Steel, Titan Company, and ONGC were among the worst performers. - Top Gainers:
Kotak Mahindra Bank, Britannia Industries, Bharti Airtel, HCL Technologies, and Tata Consumer Products managed to end the session on a positive note.
The bearish sentiment was driven by continued FII selling pressure and global market uncertainties.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your research or consult a financial advisor before making investment decisions.
