Sensex rebounded over 400 points to 83,549 as strong IT buying erased early session losses.
Infosys surged 4.6% after its Anthropic AI deal, lifting Nifty IT nearly 3% higher.
Cochin Shipyard jumped 7% on a Rs 5,000-crore defence order, while metal stocks dragged.
Indian stock market today saw a sharp recovery driven by the IT and bank sector rally. Both indices opened weakly, Sensex fell as low as 208 points in early trading hours, with the Nifty slipping to 25,570. However, buyers stepped in firmly, resulting in a sharp turnaround for both indices.
By noon, Sensex had recovered over 400 points from its day's low and the Nifty had clawed back 160 points. By press time, Sensex was at 83,549, and Nifty was trading at 25,730. India VIX (Indian Volatility Index) dropped over 3% to near 12.9, a sign that short-term fear in the market is cooling.
Here’s what happened in the stock market today based on Moneycontrol live updates.
Here's what moved in the stock market today (sector-wise):
Winners: IT, FMCG, PSU Banks, Consumer Durables, Defence
Losers: Metals, Oil & Gas, Realty (Partially)
PSU banks like UCO Bank rose 4.13%, PNB gained 3.43%, and SBI stock added 1.33% to Rs. 1,224. In the FMCG sector, ITC rose 2.25% to Rs. 325, while the BSE FMCG index extended gains for a second straight session.
Metal stocks were the biggest losers today. Hindalco fell 1.86% to Rs. 886, NALCO dropped 2% to Rs. 341, and Tata Steel share price slid 1.31% to Rs. 203. Copper futures fell around 2% on MCX, pulling the Nifty Metal index down about 2%. Oil stocks also struggled, BPCL fell 1.63% to Rs. 368, and Reliance Industries slipped 1.13% to Rs. 1,420.
In the IT sector, Infosys share price led with a jump of over 4.6% to Rs. 1,424. The hike came after the company announced a strategic collaboration with AI firm Anthropic. The deal covers enterprise AI solutions across telecom, financial services, manufacturing, and software development sectors.
Infosys stock jump was followed by major IT stocks. HCL Technologies rose 3.15% to Rs. 1,498, Wipro gained 2.39% to Rs. 217, and Tech Mahindra added over 2% to Rs. 1,537. The Nifty IT index surged nearly 3%, making it the top-performing sector in the stock market today.
These are the top gainers, losers and most active individual stocks on Nifty 50 based on Moneycontrol market data.
| Top Gainers (% Change) | Top Losers (% Change) | Most Active Stocks (% Change) |
|---|---|---|
| Infosys (+4.64%) | Eternal (-2.42%) | Infosys (+4.72%) |
| HCL Tech (+3.15%) | Trent (-2.02%) | SBI (+1.13%) |
| Wipro (+2.39%) | Shriram Finance (-1.87%) | ITC (+2.28%) |
| ITC (+2.25%) | Hindalco (-1.86%) | HDFC Bank (-0.03%) |
Many other companies also broke bullish records in the stock market today. Cochin Shipyard stock was one of them, surging more than 7% to a high of Rs. 1,574. The company was named the lowest bidder for an Rs. 5,000-crore defence order to build five Next Generation Survey Vessels for the Indian Navy, boosting investor sentiments.
Easy Trip Planners soared 13.51% to Rs. 8.99, hitting a six-month high. Newgen Software Technologies' stock shot up 12.26% to Rs. 519, snapping a four-day losing streak. Sterling and Wilson Renewable Energy rose 8.53% to Rs. 219.
On the other hand, Ola Electric fell to a record low after Citigroup downgraded the stock to 'sell'. Slower EV penetration and cash burn concerns were cited as the reasons for the changed rating.
Gold prices were under pressure in global markets. Spot gold fell 0.9% to $4,947 per ounce, while US gold futures dropped 1.6% to $4,966. A firmer US dollar and easing geopolitical tensions weighed on safe-haven demand.
The Indian rupee opened flat at Rs. 90.67 per dollar but slipped to a session low of Rs. 90.76 during trade. India's merchandise trade deficit widened to $34.68 billion in January, a three-month high, as imports surged to $71.24 billion against exports of $36.56 billion.
The Indian stock market today showed resilience, with IT driving sentiment and PSU banks adding support. Investors should keep an eye on whether Nifty sustains above 25,750 to open a path toward 26,000. Support sits at 25,500-25,550. Metal and oil weakness remains a drag on any broad-based rally. The Global Indian AI Summit could help domestic companies secure more partnerships with global tech giants, potentially shielding IT stocks from the recent global tech sell-off pressure.
Also Read: Top 5 AI Stocks to Watch in February 2026: Must‑See List
1. Which stocks are in focus today?
Infosys is the top stock in focus today after it announced a strategic AI partnership with Anthropic. The stock jumped over 4.6% to Rs. 1,424. HCL Technologies, Wipro, and Tech Mahindra also gained strongly. Cochin Shipyard surged more than 7% after winning a major defence contract. On the downside, metal stocks such as Hindalco and Tata Steel declined.
2. What happened in the Indian stock market today?
The Indian stock market saw a strong recovery after a weak start. Sensex fell early but later bounced back over 400 points to trade at 83,549. The Nifty also recovered to 25,730. IT stocks led the rally, while PSU banks supported gains. However, metal and oil stocks remained under pressure during the session.
3. Why is Sensex going up?
The Sensex is rising mainly because of strong buying in IT stocks. Infosys led the gains after its announcement of an AI deal. Other IT majors like HCL Tech and Wipro also moved higher. Positive market breadth and a drop in India VIX, which shows lower fear levels, helped boost investor confidence during the day.
4. How is Nifty performing?
The Nifty recovered from its day’s low of 25,594 and climbed to 25,730 by midday. The index gained support from IT, FMCG, and PSU banking stocks. Analysts say 25,750 is an important level to watch. If Nifty holds above this mark, it may move towards 26,000 in the coming sessions.
5. What is the latest share market news?
The latest share market news highlights a strong IT rally led by Infosys. Cochin Shipyard won a Rs. 5,000-crore defence order, pushing its shares higher. Metal stocks declined due to weaker copper prices. Gold prices fell globally, and the rupee slipped slightly. Overall, markets showed resilience despite global and sector-specific pressures.
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