Market Brief: February 13, 2026 Global equity markets are navigating a period of heightened volatility as technology-led selling in the U.S. spills over into Asian and domestic sessions. Sentiment remains cautious as investors digest a heavy stream of corporate earnings and shifting interest rate expectations. Equity Benchmarks and Performance Indian indices closed the previous session in the red, with the **BSE Sensex** dropping **558.72 points (0.66%)** to finish at **83,674.92**. The **Nifty 50** followed suit, sliding **146.65 points (0.57%)** to settle at **25,807.20**. Early indicators from the **GIFT Nifty** suggest a continued gap-down start, recently trading near **25,719**, a discount of over **130 points**. Technical indicators show a weakening trend, with **14 major stocks** recently breaking below their **200-day Moving Average (DMA)**. Key names like **LTIMindtree (LTP: ₹5,211.5)** and **Hindustan Unilever (LTP: ₹2,409.7)** are currently trading below these long-term support levels. Commodity and Currency Pulse Precious metals have seen significant corrections. **Spot Gold** is holding near **$4,926.79 per ounce** after a sharp **3.2%** decline in the previous session. In domestic markets, **24-karat gold** is priced at **₹1,58,390 per 10 grams**, while **silver** is trading at **₹295.10 per gram**. The energy sector shows marginal recovery, with **Brent Crude** rising slightly to **$67.58 per barrel** and **WTI** at **$62.91**. However, both are on track for their first back-to-back weekly drop of the year. The **Indian Rupee** continues to face pressure, currently positioned near **90.61** against the U.S. Dollar. Macro Indicators and Corporate News India's retail inflation, under the new **2024 base year**, rose to **2.75%** for January 2026. Despite this uptick, **Moody’s** maintains a positive outlook, projecting real **GDP growth of 6.4%** for the upcoming fiscal year, the fastest among G-20 nations. The **Defence Acquisition Council** has recently cleared capital acquisition proposals worth **₹3.60 lakh crore**, covering Rafale jets and P8I aircraft, which is expected to provide a long-term tailwind for the defense industrial base. Key Stocks in Focus * **Coal India:** Reported a **16% YoY decline** in Q3 net profit to **₹7,166 crore**. * **Muthoot Finance:** Strong performance with standalone profit nearly doubling to **₹2,656 crore**. * **Hindalco:** Faced a massive **₹2,610 crore** exceptional loss, impacting Q3 bottom lines despite revenue gains. * **Earnings Today:** Over **15 companies**, including **Torrent Pharma, Siemens Energy, and Ola Electric**, are scheduled to report quarterly results today.