The correction in the Indian stock market accelerates with multisector declines

2026-02-12 06:07:55

Abstract generation in progress

The Indian stock market experienced a significant correction in its recent session, showing widespread losses across its main indices. According to market data, most segments saw substantial declines, reflecting changes in investors’ risk appetite.

NIFTY50 loses ground along with the defensive sector

The NIFTY50 index, the main barometer of the Indian stock market, fell by over 2%, while the defense sector showed a much sharper decline, exceeding 8%. This divergence suggests a rotation of capital into specific areas. The public banking sector also saw a considerable drop of 6%, indicating pressure on the traditional financial segment.

Widespread decline across multiple fronts

Other key sectors of the Indian stock market were significantly affected: the financial services index contracted by 2.5%, the automotive sector retreated by the same magnitude, while the oil and gas segment decreased by 2.1%. This breadth of declines indicates that the correction was not limited to specific segments but covered a diverse range of industries.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.