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Below the Quote on Market Wrap 13th Feb 2026 from Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd 

"Markets traded with a negative bias on Friday and remained under pressure for most of the session, with the Nifty slipping sharply as selling in heavyweight technology stocks intensified. After a weak start, the benchmark index moved in a narrow range during the first half, but the decline deepened as the session progressed. It eventually settled near the day’s low to close at 25,471.10. Selling was broad-based, with IT stocks among the top losers, while weakness was also visible in the metal, realty, and FMCG segments.

Investor sentiment weakened as global technology stocks stayed under pressure, reinforcing risk-off behaviour in domestic markets. In addition, the absence of any fresh positive domestic triggers kept the overall mood subdued.

The sharp fall in the IT pack has significantly altered the market tone, and a break below the 25,400 mark could open the door for a move toward the 25,100 gap area. On the upside, the 25,700–26,000 zone is likely to act as a strong resistance band in case of any recovery. Apart from IT, FMCG and realty also appear vulnerable to further declines, while banking, auto, energy, and select metal stocks may continue to show relatively better strength. Participants should align their positions accordingly and keep position sizes under control in light of the renewed weakness."

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