

Stock recommendations for 16 February from MarketSmith India
Subscribe to enjoy similar stories. Stock market recap: Domestic equity market benchmarks, the Sensex and the Nifty 50, cracked on Friday, 13 February, with a broad-based selloff hitting metal, IT and commodity stocks amid sluggish global markets. Traders said a weaker-than-expected earnings season, coupled with emerging pressure on technology stocks over AI-led disruption concerns, weighed on sentiment.
In a volatile session, the 30-share BSE Sensex dropped 1,048.16 points, or 1.25%, to close at 82,626.76. The index had slumped as much as 1,140.37 points, or 1.36%, to an intraday low of 82,534.55. On the BSE, 2,960 stocks declined, 1,253 advanced, and 151 remained unchanged.
Two stock recommendations by MarketSmith India for 16 February: Buy: Kirloskar Oil Engines Ltd (current price: ₹1,376) Buy: Apar Industries Ltd (current price: ₹9,500) Nifty 50 performance | 13 February Indian equities ended sharply lower on 13 February, with the Nifty 50 declining 336 points, or 1.30%, to close at 25,471.10, after trading in a range of 25,444–25,630. The index slipped decisively below 25,500, reflecting sustained selling pressure through the afternoon, while Sensex mirrored the weakness. Market breadth remained firmly negative, with 766 advances against 2,388 declines, underscoring broad-based risk aversion.
Sectorally, Metals (-3.3%) and Realty (-2.2%) led to losses, followed by FMCG, IT, and Oil & Gas, while Financials also remained under pressure with both Private Banks and Financial Services indices shedding more than 1%. The sell-off was attributed to profit-booking at higher levels amid cautious global cues and persistent concerns around commodity volatility. Technically, Nifty’s close near the day’s low signals weak
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