The Indian stock market ended marginally lower for the second straight session on Wednesday, 12 August 2026, as sharp selling in IT heavyweights and Tata Group stocks offset strong buying across public sector banks and metal counters. Elevated global crude oil prices and cautious sentiment ahead of domestic CPI inflation data kept benchmark indices under pressure throughout the day.
The benchmark BSE Sensex dropped 187.90 points (0.24%) to close at 77,966.35, while the broader NSE Nifty 50 declined 35.75 points (0.15%) to settle at 24,435.95. Bucking the weak trend, the Nifty Bank index rallied 439.60 points (0.77%) to finish firmly in the green at 57,885.85.
Market Snapshot: Key Benchmark Indices
- BSE Sensex: 77,966.35 | ▼ 187.90 (-0.24%)
- NSE Nifty 50: 24,435.95 | ▼ 35.75 (-0.15%)
- Nifty Bank: 57,885.85 | ▲ 439.60 (+0.77%)
- Nifty Metal: ▲ 0.54%
- Nifty IT: ▼ 1.54%
Top Gainers and Losers Today (12 August 2026)
Top Nifty 50 Gainers
- Hindalco Industries: +3.34% (₹1,084.10) — Led the Nifty gainers on firm global aluminum prices and strong buying momentum.
- State Bank of India (SBI): +1.50% — Supported Bank Nifty’s outperformance following robust institutional inflows into PSU lenders.
- Grasim Industries: +1.42% — Advanced on continued institutional demand across diversified majors.
- Bharti Airtel: Gained as defensive buying emerged in telecom heavyweights.
- Punjab National Bank (PNB): Rebounded in tandem with broad banking sector strength.
Top Nifty 50 Losers
- Tata Consultancy Services (TCS): -3.93% — Led market losses following leadership announcements at Tata Sons and broader tech reallocation.
- Apollo Hospitals: -1.64% — Slipped as selling pressure intensified across healthcare counters.
- Dr. Reddy’s Laboratories: -1.10% — Dragged down the pharma index on profit-booking.
- Titan Company: -0.82% — Eased amidst selective profit-taking post-earnings.
- Tata Consumer Products: Slipped alongside weakness across consumer-linked stocks.
Sectoral Highlights & Primary Market Drivers
- IT & Tata Group Pressure: The Nifty IT index fell 1.54%, emerging as the day’s worst-performing sector. Tata Group stocks faced collective selling, with TCS dropping nearly 4%.
- Banking & Metals Anchor Recovery: PSU banking stocks and metal producers provided crucial support, preventing a deeper decline in headline indices.
- Crude Oil Headwinds: Brent crude trading near $89–$90 per barrel due to ongoing Middle East tensions raised inflation concerns for domestic importers.
Short-Term Technical Outlook
Technically, the Nifty 50 continues to consolidate near its immediate support zone of 24,350–24,400. A sustained recovery above 24,550 is required to restore bullish momentum toward the 24,800 resistance level.
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Rupee at Close
12 Aug, 2026
Indian rupee ended higher at 95.33 per dollar on Wednesday against Tuesday’s close of 95.44.
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FII’s & DII’s Activity on 12 Aug, 2026
Net value in crores
| BUY | SELL | |
| DII | 5,841.66 | |
| FII | 1,002.50 |
Source : NSE
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