13 February 2026 (Mid-cap): Nifty Extends Losses to 1.1% at 25,515; Metals Slide Sharply, Financials Offer Limited Support

Indian equity markets remained under heavy pressure in the afternoon session on 13 February 2026, with the benchmark Nifty 50 sliding to 25,514.90, down 292.30 points (-1.13%) as of 13:54 IST. The sell-off deepened across the broader market, with sharp declines in the Nifty Next 50, Nifty Financial Services, and Nifty Bank indices highlighting widespread risk aversion. Heavy selling in metal and energy stocks, along with continued weakness in select cyclicals, dragged the benchmark lower despite pockets of resilience in a few frontline stocks.

Also Read: 13 February 2026 (Opening): Nifty Slides Nearly 1% to 25,570 as Broader Market Weakens; Select Financials Buck the Trend

Market Snapshot: Broad-Based Decline Deepens

• Nifty 50: 25,514.90, down 1.13%

• Day’s range: High 25,630.35 | Low 25,499.90

• Nifty Next 50: Down 1.49%, reflecting sharp pressure in broader large-caps

• Nifty Financial Services: Down 0.89%

• Nifty Bank: Down 0.78%

The index opened higher but failed to hold gains, slipping steadily through the session as selling pressure intensified across sectors.

Gainers: Select Financials, Auto and Healthcare Stocks Buck the Trend

In an otherwise weak market, a handful of stocks managed to post modest gains:

• Bajaj Finance rose 1.79%, emerging as the top gainer among frontline stocks

• Eicher Motors advanced 1.38%, supporting the auto space

• Apollo Hospitals gained 0.44%, attracting defensive buying

• SBI edged up 0.16%

• Cipla added 0.14%

These gains, however, were not enough to offset the broader market weakness, underscoring the limited nature of buying interest in the current risk-off environment.

Losers: Metals and Energy Stocks Lead the Fall

Selling pressure was most pronounced in metal and energy counters, which weighed heavily on the indices:

• Hindalco plunged 5.56%, the steepest loser on the index

• Hindustan Unilever (HINDUNILVR) slipped 3.70%

• Eternal fell 3.61%

• ONGC declined 3.22%

• Adani Enterprises dropped 3.07%

The sharp cuts in metal stocks reflect concerns over global demand and commodity price trends, while weakness in energy and select large-cap names added to the negative sentiment.

Sectoral Trend: Risk-Off Sentiment Dominates Trade

The steep fall in the Nifty Next 50 and continued weakness in banking and financial indices signal a broad-based sell-off rather than a stock-specific correction. While select quality names in financials, autos, and healthcare saw mild buying, the overall tone remained firmly negative, with investors reducing exposure to cyclical and commodity-linked sectors.

Conclusion: 13 February 2026

With the Nifty 50 down over 1% at 25,514.90, market sentiment remains clearly risk-averse in the afternoon session of 13 February 2026. Sharp losses in metals, energy, and select large-cap stocks continue to dominate trade, while limited support from a few defensives has failed to arrest the decline. In the near term, market direction is likely to depend on stabilisation in global cues and whether broader market selling shows signs of exhaustion.