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  • GoalFi – Weekly Market Wrap : Markets Slide This Week Amid AI Fears and IT Sector Rout, Volatility Keeps Investors Cautious

GoalFi – Weekly Market Wrap : Markets Slide This Week Amid AI Fears and IT Sector Rout, Volatility Keeps Investors Cautious

GoalFi Weekly Pulse | 14 Febraury 2026

Hello ,

We hope you had a productive week. Here’s your detailed weekly market wrap to keep you informed and aligned with your financial goals.

Weekly Market Wrap | 09 - 13 Febraury 2026

Indian markets closed the week lower as heavy selling in IT stocks dragged Nifty 50 down 0.9%, despite strength in select financial names. Banking and NBFC stocks provided partial support, while large-cap IT saw sharp corrections, driving overall volatility. Midcaps remained highly selective, signaling a shift toward cautious, stock-specific investing sentiment.

Key Events During the Week

Benchmarks fell notably over the week

  • the Nifty 50 ended lower and Sensex dropped significantly by the week’s close.

  • In just two trading sessions, investors collectively lost a huge amount of wealth due to heavy selling pressure, especially in large-cap tech stocks.

IT Sector Rout Was the Dominant Story

  • Indian IT stocks experienced one of the worst weekly performances in recent months, with the Nifty IT index falling sharply.

  • Major names like TCS, Infosys, HCL Tech, Wipro all saw steep declines and were among top losers which aligns with the performance data you shared.

  • Reuters reports $50 billion of market cap wiped out from IT sector stocks during this week.

Broad Market Weakness

  • Beyond IT, broader indices also ended in negative territory by Friday. All major sectoral indices showed weakness by end-of-week trading.

  • This decline marked a monthly/weekly peak in selling pressure and was reflected in the weekly wrapped index data you posted.

Contributing Factors in the Week

  • Global tech selloffs & AI-related fears led traders to reduce exposure to IT stocks.

  • Global market volatility and inflation expectations abroad (especially in the US) played a part in risk-off behaviour among Indian investors.

  • Friday the 13th slump became a focal point as major equity volatility expanded near weekend close.

Weekly Index Performance

Index

LTP

Weekly Change

% Change

Nifty 50

25,471.10

222.60

-0.9%

Nifty 500

23,313.15

120.85

-0.5%

Nifty Bank

60,186.65

66.10

+0.1%

Nifty Financial Services

28,126.35

319.25

+1.1%

Nifty Midcap Select

13,628.35

16.55

-0.1%

Summary:
The broader market delivered mixed signals — large-cap benchmark indices saw modest weakness overall, while financials continued to outperform.

Top Gainers of the Week - Nifty 50

Company

LTP

Weekly Change

% Gain

State Bank Of India

1,198.60

+132.20

+12.4%

Eicher Motors Ltd.

8,065.00

+887.50

+12.4%

Shriram Finance Ltd.

1,065.80

+63.30

+6.3%

Apollo Hospitals Enterprise Ltd.

7,542.50

+390.00

+5.5%

Bajaj Finance Ltd.

1,024.75

+43.05

+4.4%

Summary:
Strong performance seen in banking and finance names, suggesting continued investor preference for credit and consumption-linked sectors.

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Top Losers of the Week - Nifty 50

Company

LTP

Weekly Change

% Drop

Infosys Ltd.

1,369.10

-138.00

-9.2%

HCL Technologies Ltd.

1,455.20

-138.50

-8.7%

Tata Consultancy Services Ltd.

2,692.20

-249.40

-8.5%

Wipro Ltd.

214.09

-16.63

-7.2%

Coal India Ltd.

408.95

-23.85

-5.5%

Summary:
Large cap technology stocks were a drag this week — consistent selling pressure amid profit booking led to sharp declines.

Top Gainers of the Week - Nifty 500

Company

LTP

Weekly Change

% Gain

Shipping Corporation Of India Ltd.

264.43

+42.63

+19.2%

Kirloskar Oil Engines Ltd.

1,379.90

+209.30

+17.9%

Engineers India Ltd.

201.67

+30.29

+17.7%

Godrej Agrovet Ltd.

651.20

+97.60

+17.6%

Signatureglobal (India) Ltd.

1,040.55

+150.55

+16.9%

Summary:
Notable strength in industrials and consumer play stocks — signaling selective risk-on sentiment among active traders.

Top Losers of the Week - Nifty 500

Company

LTP

Weekly Change

% Drop

Reliance Infrastructure Ltd.

104.11

-16.00

-13.3%

Firstsource Solutions Ltd.

254.15

-36.20

-12.5%

eClerx Services Ltd.

3,666.10

-519.80

-12.4%

Coforge Ltd.

1,361.80

-184.20

-11.9%

Concord Biotech Ltd.

1,184.40

-142.80

-10.8%

Summary:
Midcap volatility was visible with select stocks correcting sharply — this highlights heightened risk in non-financial small caps.

Weekly Market Takeaway

  • Markets entered a short-term correction phase, led by sharp selling in large-cap IT stocks like Infosys and Tata Consultancy Services.

  • Financial stocks, especially State Bank of India and Bajaj Finance, acted as stabilizers and limited deeper index losses.

  • Mid and small caps turned highly selective, showing rising volatility and stock-specific action rather than broad-based participation.

Conclusion

This week marked a clear sentiment shift from momentum to caution. Investors rotated out of IT, leaned into financials for safety, and became selective in midcaps. Near term, markets are likely to remain volatile, with leadership resting on earnings visibility and sector strength rather than blanket buying.

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We hope this update helps you stay informed and empowered in your investment journey. Feel free to reach out if you have any questions or need personalized advice.

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