Sensex Muted as IT, BSE and Brokers Weigh

2026-02-16 04:42 By Joshua Ferrer 1 min. read

India’s BSE Sensex was largely unchanged to around 82,680 in Monday morning trade, as last week’s sell-off in the IT sector and declines in brokerages and the stock exchange BSE kept sentiment subdued.

Tech shares remained under pressure amid concerns that rapid advances in AI automation could disrupt traditional software service models.

Tata Consultancy Services, Infosys, Tech Mahindra, and Coforge saw losses between 0.3% to 1.3%.

Additionally, stock exchange operator BSE slumped 9%, while brokerages including Angel One and Motilal Oswal Financial Services declined between 1% to 7% after the Reserve Bank of India tightened banks’ capital market exposure rules, a move seen raising funding costs and potentially reducing leverage and liquidity in derivatives trading.

Meanwhile, India is hosting a major global AI summit in New Delhi, where Prime Minister Narendra Modi aims to position the country as a key player in the global race to develop advanced artificial intelligence models.



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