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NSE Composite Gains 0.2% as IT Sector Extends Losses; Sensex -0.3% on Feb 12

Indian shares opened lower on February 12, with the NSE Composite down 0.2% and the Sensex falling 0.3%. The IT sector accounted for the largest drag, with Nifty IT down 0.8% as companies reported weaker demand and delayed projects. Key decliners included Tata Consultancy Services (-1.2%) and Infosys (-0.9%). The broader market was supported by gains in banking and utilities, but overall, retail trading remained cautious amid mixed earnings and global economic uncertainty.

EditorJack Lee