Titan share price hit a 52-week high of Rs. 4,324 after a 61% profit jump in Q3 results. Meanwhile, Apollo Hospitals and Eicher Motors surged on good bottom-line growth.
The government’s decision to offload a 5% stake in BHEL via an Offer for Sale (OFS) at a floor price of Rs. 254 has triggered a sharp 6% slide in the stock.
Rising Gold prices (Rs. 1,58,097) and a planned nationwide bank strike on February 12 are keeping the Nifty from crossing the critical 26,000 resistance level.
Indian stock market today, on February 11, opened on a muted note with benchmark indices trading nearly flat. BSE Sensex gained 38 points to trade at 84,312 at press time. At the same time, NSE Nifty was up 29 points at 25,964.
Market experts noted that subdued global cues kept investors cautious despite positive domestic factors. Auto and healthcare stocks led early gains, while metal and commodity stocks faced pressure. The real estate and consumer services sectors also struggled. Here’s everything you need to know about the Indian stock market today, based on Moneycontrol data.
Bank employee unions called for a nationwide strike on February 12. UCO Bank and other state-owned lenders informed exchanges about the planned action, though shares remained stable. Banks have taken steps to ensure smooth branch operations during the strike.
Titan share price hit a 52-week high after posting a 61% jump in profit to Rs. 1,684 crore for Q3 FY26. The jewellery giant’s stock traded at Rs. 4,324 on the NSE. Apollo Hospitals share price was not far behind, surging nearly 6% to Rs. 7,640. The hike came after a 35% increase in the company's profit at Rs. 502 crore.
Britannia Industries stock also soared 5% to Rs. 6,156 following a 17% rise in quarterly profit to Rs. 682 crore. Eicher Motors continued its upward trend. The stock gained over 6% as brokerages raised target prices following strong Q3 results. The company posted a 23% revenue growth with improved margins.
Bharat Heavy Electricals (BHEL) shares fell 6% to Rs. 259. The government launched an offer-for-sale (OFS) of up to 5% stake at a floor price of Rs. 254 per share, triggering the downward momentum in the stock. The two-day OFS opened for non-retail investors today, on February 11, with retail participation scheduled for February 12.
Indian rupee weakened 6 paise to trade at 90.62 against the US dollar amid rising demand for the latter. Currency traders monitored geopolitical tensions that influenced forex markets.
Gold prices surged 0.83% to Rs. 1,58,097 per 10 grams, while silver jumped 2.40% to Rs. 2,59,078 per kilogram. The precious metals gained as investors sought safe-haven assets.
Crude oil futures rose following reports that the US might deploy a second aircraft carrier to West Asia. Brent crude traded at $69.33, up 0.77%, while WTI crude gained 0.86% to $64.51.
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Foreign institutional investors showed selective sector preference in January, according to recent market reports. Metals and Mining attracted record inflows of Rs. 115 crore. On the other hand, the FMCG sector witnessed heavy outflows of Rs. 75,000 crore.
Financial Services and Healthcare sectors also saw significant exits. However, FII flows have turned decisively positive since the announcement of the India-US interim trade agreement, offering support to the market. Domestic institutional investors continue their buy-on-dips strategy, creating a strong safety net for indices.
Nifty’s resistance and support levels are at 26,000 and 25,500, respectively. The Put-Call Ratio stood at 1.02, suggesting improving sentiment. India VIX (Indian Volatility Index) dropped 4.31% to 11.66, indicating lower volatility expectations in the stock market today.
Derivatives data revealed open interest at 26,000 calls and 25,500 puts, highlighting the likely trading range. Market breadth is positive with mid-cap and small-cap stocks participating in the rally, signaling broad-based strength.
Analysts recommend a buy-on-dips approach near support levels while waiting for decisive breakouts above resistance. The combination of positive FII flows, strong corporate earnings, and lower volatility suggests markets may hold current levels. However, global cues and upcoming economic data will be key drivers for direction.
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1. What happened in the Indian stock market today?
Sensex today rose 38 points to 84,312, while Nifty today gained 29 points to 25,964. Strong company earnings supported the market. However, global uncertainty and mixed FII flows kept investors cautious. Overall, the stock market moved within a narrow range without any sharp breakout.
2. Which stocks are in focus today?
Titan, Apollo Hospitals, Britannia, Eicher Motors, and BHEL are in focus today. Titan hit a 52-week high after a 61% profit jump. Apollo rose nearly 6% on strong earnings. Britannia gained 5%, while Eicher Motors climbed over 6%. BHEL fell 6% after the government announced a 5% stake sale.
3. Why is Sensex going up today?
Sensex is slightly higher because of strong quarterly results from major companies. Stocks like Titan and Apollo Hospitals posted solid profit growth, which lifted investor confidence. Positive FII flows in recent sessions also helped. Lower volatility, shown by the fall in India VIX, added stability to the market.
4. How is Nifty performing in the stock market today?
Nifty is trading near 25,964, up 29 points. It is moving within a range of 25,500 support and 26,000 resistance. Derivatives data show strong open interest at these levels. The Put-Call Ratio stands at 1.02, suggesting balanced sentiment and mild optimism among traders.
5. What is the latest share market news?
The latest share market news includes strong Q3 earnings from Titan, Apollo, and Britannia. BHEL shares fell after a 5% government stake sale announcement. Bank unions have called for a strike on February 12. Gold and silver prices rose, while crude oil gained amid geopolitical concerns.
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