- 🇮🇳 Indian Market: Equity markets extended their fall today as heavy selling across sectors pulled indices sharply lower 📉.
- Weak global tech stocks kept sentiment cautious, leading to risk-off behaviour in domestic markets. With no strong positive triggers locally, the mood stayed subdued 😞.
- Meanwhile, metal stocks saw profit booking due to a stronger dollar and hopes of Russia’s return to dollar settlements, raising concerns over weaker realisations.
- 📊 Market Breadth: On the NSE, 637 stocks ended in the green, while 2272 stocks closed in the red.
- 🌍 Global Market: Wall Street fell sharply as tech stocks dragged the Nasdaq down 2% 📉, and this weakness spread to Asian markets which slipped from record highs. As investors grew cautious, money moved into safer Treasuries 🪙, while gold and silver rebounded from recent lows.
- All this happened even after strong US jobs data reduced hopes of quick rate cuts, keeping sentiment nervous overall.
Market Update 📰:13-02-2026
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