Markets close: Indian benchmark indices ended Friday’s trading session sharply lower amid broad-based selling pressure. The Sensex closed at 82,595, tumbling 1,079 points or 1.29%, while the Nifty settled at 25,471.10, down 336 points or 1.30%. Both indices declined around 1.3% for the day.
Markets at 3 PM: Benchmark indices remained under pressure with the Sensex falling 1,002 points, or 1.10%, to 82,752.90, while the Nifty declined 291 points, or 1.13%, to 25,515.75. Selling intensified in the afternoon session, dragging the indices deeper into the red as losses widened across sectors.
Markets at 12 PM: Indian equity indices extended losses. The Nifty 50 was trading 239 points or 0.93% lower at 25,576, while the BSE Sensex slipped 735 points or 0.88% to trade at 82,939.
Markets at open: The domestic markets slipped in early trade as IT stocks declined for the second straight session. The Nifty 50 opened 210 points or 0.81% higher at 25,598, while the BSE Sensex fell 700 points or 0.83% to open at 82,978.
Markets ahead of opening: The global markets are trading on a lower note as AI disruption fears rattle markets. The GIFT Nifty fell 135 points or 0.52% to trade at 25,716. Here are domestic as well as other key global cues to watch before the market opens that include Gold, Silver, crude oil prices, FII and DII data, business groups that most affect, sectoral performance, etc.
Earlier on Thursday, the NSE Nifty 50 closed the session 146 points or 0.57% lower at 25,807, while the BSE Sensex dropped 558 points or 0.66% to close at 83,675.
Key global and domestic cues to know on February 13, 2025
Asian Markets
The Asian markets on Friday morning opened on a lower note following an overnight fall in the Us market, as fears about artificial intelligence disruption. Japan’s Nikkei 225 lost 0.58%, after briefly touching 58,000. The Topix declined 0.58%. South Korea’s Kospi added 0.35%, while the small-cap Kosdaq retreated 1.36%. Hong Kong’s Hang Seng index futures were at 26,703, lower than the index’s last close of 27,032.54.
US markets
After the US indices tumbled for three consecutive sessions, US stock futures were roughly flat. S&P 500 futures advanced 0.02%, while Nasdaq 100 futures gained 0.04%. Futures tied to the Dow Jones Industrial Average were little changed.
The US benchmarks closed Thursday’s trade on a lower note due to AI disruption fears. The Dow Jones Industrial Average shed 669.42 points, or 1.34%, to end at 49,451.98. The S&P 500 dropped 1.57% and closed at 6,832.76, while the Nasdaq Composite lost 2.03% and settled at 22,597.15.
ADRs of tech stocks
Indian IT stocks’ American Depository Receipts (ADRs) fell overnight on the New York Stock Exchange. Infosys ADRs tumbled 10% to close at $14.21, while Wipro slumped 5%. The software, tech, and IT stocks across the globe are falling as investors believe AI disruption will uproot the traditional IT business of outsourcing software services.
Gold rate today
The rate for 24-carat gold today is Rs 1,52,300 per 10 grams. The price of gold has fallen by 4% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,52,040 per 10 grams. The 18-carat gold price today in India is Rs 1,14,225. The 24-carat gold rate in Dubai today is Rs 1,49,590. On the MCX, the precious metal for the April delivery was trading at a price of Rs 1.52 lakh per 10 grams, down 4.07%.
Silver rate today
In India, the silver rate fell 10% to Rs 2.37 lakh per kilogram. On COMEX, Silver prices fell almost 11% on Thursday to a low of $73.745. Silver had surged to record highs in January amid geopolitical tensions, economic uncertainty, and concerns over the Federal Reserve’s independence, with heavy speculative buying—especially from China—pushing prices higher.
FII, DII data
Foreign institutional investors (FII) were the net buyers of shares worth Rs 108.42 crore. On the other hand, the Domestic institutional investors (DII) were the net buyers of shares worth Rs 276.85 crore on February 12, 2025, according to the provisional data available on the NSE.
Crude oil
The crude oil prices traded on a higher note on Friday morning. WTI crude prices were trading at $62.94, surged 0.16%, while Brent crude prices were trading at $67.62, a rise of 0.16%.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.06% higher at 96.98. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.13% to close at 90.59 to the dollar on February 12.
Top sectors in Thursday’s trade
The Agriculture sector’s stocks rose the most in Thursday’s trade, rising 4.87% in the market capitalisation. Further, Aquaculture stocks were followed by the NBFC sector stocks, which were further followed by the Small Finance sector stocks. However, the Information Technology sector stocks fell the most, declining 5%.