Mumbai, February 12, 2026 – Indian equities faced renewed pressure on Thursday, with Nifty dipping amid thin trading and FII outflows (₹1,500 Cr net sell), as Q3 earnings from tech and mid-caps disappointed. Over 30 scrips hit fresh 52-week lows, led by sharp drops in TCS (down 5.44% to ₹2,751.60 on IT slowdown), THESL (sliding 4.87% to ₹18.55 amid sector woes), and AISL (falling 4.86% to ₹70.50 on market pressures). This extends February's volatility, with SMEs and mid-caps bearing the brunt on leverage unwind and weak demand signals.
The slide reflects broader caution ahead of budget and global cues, with volumes down 12% and decliners leading 1.5:1. Analysts see oversold bounces possible if PMI data surprises positively, but downside risks linger if FII selling persists.
Top 52-Week Low Decliners (Sorted by % Decline)
Here's a snapshot of the sharpest plungers today, from BSE/NSE data:
| Rank | Symbol | Series | LTP (₹) | % Change | New 52W Low (₹) | Prev. Low (₹) | Prev. Low Date |
|---|---|---|---|---|---|---|---|
| 1 | TCS | EQ | 2,751.60 | -5.44 | 2,744.00 | 2,866.60 | 01-Oct-2025 |
| 2 | THESL | SM | 18.55 | -4.87 | 18.55 | 18.75 | 09-Feb-2026 |
| 3 | AISL | SM | 70.50 | -4.86 | 70.50 | 72.60 | 06-Feb-2026 |
| 4 | WIPRO | EQ | 218.88 | -4.76 | 218.50 | 226.26 | 04-Feb-2026 |
| 5 | AURIGROW | BE | 0.35 | -2.78 | 0.35 | 0.36 | 11-Feb-2026 |
| 6 | YCCL | SM | 11.85 | -2.07 | 10.05 | 10.55 | 13-Jan-2026 |
| 7 | APTUS | EQ | 252.10 | -2.34 | 251.40 | 256.30 | 09-Feb-2026 |
| 8 | BALAXI | EQ | 22.00 | -0.18 | 21.82 | 21.90 | 11-Feb-2026 |
| 9 | BERGEPAINT | EQ | 460.80 | 0.47 | 448.75 | 452.85 | 02-Feb-2026 |
| 10 | BETA | EQ | 1,354.10 | 1.88 | 1,326.00 | 1,331.00 | 11-Feb-2026 |
| 11 | STEELCITY | EQ | 82.98 | -0.91 | 81.18 | 81.18 | 01-Feb-2026 |
| 12 | TTKHLTCARE | EQ | 948.00 | -0.48 | 935.00 | 944.50 | 10-Feb-2026 |
| 13 | UGROCAP | EQ | 135.40 | -0.18 | 133.01 | 133.76 | 09-Feb-2026 |
Key Spotlights:
- TCS's Tech Slump: Tanked 5.44% to ₹2,751.60, brushing new low on export delays—volumes spiked.
- THESL's SME Trouble: Down 4.87% to ₹18.55, hit by funding crunch; small-cap pain point.
- AISL's Market Pressure: Slid 4.86% to ₹70.50 amid broader weakness.
- Broader Weakness: WIPRO (-4.76% to ₹218.88) and VINDHYATEL (0.6% but hit low) extended losses on capex caution.
Oversold signals (RSI <30) suggest potential bounces; Nifty support at 25,000. Watch budget for relief. BSE/NSE data; levels as of Feb 11 close.