Stock Market Highlights Feb 11 2026: Eicher Top Gainer 6.52% Apollo 4% TCS -2.51% FII DII Net Buy ₹1,200 Cr

Indian stock market delivered compelling individual stock performances February 11, 2026 session headlined Eicher Motors undisputed top gainer surging 6.52% to ₹5,320 commanding NSE leaderboard propelled blockbuster Q3 consolidated PAT detonation 110% year-on-year to ₹1,112 crore Royal Enfield export volumes record 1.5 lakh units EBITDA margins dilation 450 basis points to 25.2% FY26 volume guidance reaffirmed 10 lakh units 15% growth trajectory Europe penetration target 25% premium motorcycle segment resilience underscoring. Apollo Hospitals fortified healthcare leadership advancing 4% to ₹7,350 Q3 revenue ₹5,300 crore +15% ARPOB ₹9,500 +12% bed occupancy 68% digital health platform 2 million monthly active users positioning second podium spot TCS conversely manifested largest loser shedding 2.51% to ₹4,850 market capitalization erosion ₹12,000 crore triggered muted Q3 USD revenue guidance revision FY26 growth trajectory contraction 4-6% from prior 8% projections US visa headwinds project ramp-up delays dominating downside narrative.

Nifty50 benchmark eked marginal increment 8 points or 0.03% settling 25,954 Sensex counterpart slipped 40 points or 0.05% close 84,234 flatbreadth configuration 1,485 advances 1,683 declines 148 unchanged broader participation 79 counters striking 52-week pinnacles FII net equity infusions ₹1,200 crore sixth consecutive session counterbalanced DII sales ₹850 crore aggregate market capitalization ₹473 lakh crore 0.02% daily accretion India VIX contraction 1.15% to 11.55 receding fear gauge equilibrium maintenance MCX bullion reinforcement gold April ₹1,58,900/10g +1.2% silver March ₹2,89,900/kg -0.03% turnover ₹29,971 crore volumes 8.2 lakh contracts platform dominance validation.

Top Gainers Detailed Performance Analysis

Eicher Motors orchestrated commanding performance Q3 revenue ₹4,456 crore +19% YoY Classic 350 volumes 85,000 units +28% Himalayan 450 launch 12,000 premium units ₹3.5 lakh ASP Indonesia sourcing raw material savings 18% fixed cost leverage EBITDA 25.2% capex ₹800 crore FY26 exports 40% revenue mix US 15% Australia 10% Europe 25% diversification management guidance volumes 10 lakh units +15% premiumization structural tailwinds two-wheeler dispatches 15.5 lakh units +10% YoY passenger vehicles 3.2 lakh units +12% EV penetration 8% market leadership consolidation.

Apollo Hospitals Q3 trajectory revenue ₹5,300 crore +15% ARPOB acceleration ₹9,500 +12% bed occupancy optimization 68% digital health platform 2 million MAU telemedicine consultations 1.5 lakh monthly ARPOB premium ₹15,000 tertiary care capex ₹2,000 crore FY26 15% revenue growth target Max Healthcare complementary 2.8% advance capex trajectory tertiary care expansion EBITDA margins 22% PAT growth 25% YoY healthcare wallet share expansion 12% household expenditure insurance penetration 55% from 45% FY24 digital diagnostics pathology 35% revenue contribution FY26 guidance intact sector leadership positioning.

SBI contributed podium momentum 3.4% surge PSU Bank index +1.03% Q3 advances growth 16.5% YoY deposits 14.2% CASA stabilization 43.5% NIM 3.45% +10bps QoQ MSME lending ₹5 lakh crore FY26 digital transactions 85% volume penetration UPI 45% payment market share PNB 2.8% PAT ₹4,000 crore +120% YoY GNPA 4.8% PCR 92% corporate MSME 55:45 portfolio stress resolution ₹12,000 crore H2FY26 system credit growth 16% PSU resources 60% incremental disbursals 55% deposit franchise government capex multiplier 5x transmission positioning.

Top Losers Q3 Guidance Disappointment

TCS commanded downside leadership -2.51% largest market cap erosion ₹12,000 crore Q3 USD revenue $7.6 billion +1.7% quarter-on-quarter below consensus 2.5% FY26 guidance contraction 4-6% USD revenue versus prior 8% operating margins compression 50bps to 24.5% US healthcare vertical sequential slowdown 5% visa uncertainties project ramp delays deal pipeline $450 billion TCV execution risks H1CY26 bandwidth utilization 82% wage hikes 8% GenAI contribution 8% H2FY26 revenue recognition normalization. Infosys mirrored downside -1.9% to ₹1,980 Q3 revenue ₹39,600 crore +2.2% constant currency deal TCV $4.1 billion +15% QoQ large deals $3.2 billion British Telecom extension FY26 revenue guidance 3-4% margins 23-24% bandwidth 82% attrition management.

Wipro contributed IT sector weakness -1.6% to ₹580 Q3 IT services revenue $2.8 billion flat quarter-on-quarter attrition 12% annualized campus hiring suspension FY26 guidance 2-4% constant currency growth margins 16.5-17% deal pipeline $12 billion institutional scrutiny intensified sector Nifty IT -0.8% YTD outperformance +12% versus Nifty +8% FII underweight rotation 22% from 28% January financials commodities midcaps overweight positioning execution risks US elections policy uncertainties visa adjudications bandwidth optimization 85% target FY26 margins stabilization 24-25% trajectory.

Sectoral Performance Market Breadth

Market breadth granularity 1,485 advances 1,683 declines Auto +1.3% 18/19 advances PSU Bank +1.03% 18/12 Pharma +0.8% 15/20 Realty +1.8% 11/14 Capital Goods +0.9% 8/11 Chemicals +0.9% 9/12 Consumer Durables +1.2% 7/10 decliners IT -0.8% 11/12 Metals -0.5% Oil Gas -0.3% Nifty Midcap100 +0.03% 54,200 Smallcap100 17,455 flat 52-week highs 79 counters FII midcaps 15% allocation smallcaps 8% overweight derivatives PCR 0.92 Nifty 25,950 strike put writing monthly expiry resistance positioning.

FII net equity purchases ₹1,200 crore debt ₹3,500 crore week-to-date DII sales ₹850 crore index futures Nifty longs 1.85 lakh contracts +25% week-on-week domestic mutual funds equity AUM ₹65 lakh crore SIP inflows ₹23,000 crore monthly record 59 consecutive months household savings commodities allocation 15% YoY acceleration demat accounts 18 crore milestone retail cash market volumes 55% institutional 45% MCX turnover ₹29,971 crore 8.2 lakh contracts gold mini 45% silver 27% crude 15% bullion dominance Q3 PAT ₹401 crore +151% YoY ADT ₹7.5 lakh crore platform validation.

FII DII Flows Capital Market Dynamics

Foreign institutional investors orchestrated sustained buying momentum equity ₹1,200 crore sixth session debt segment ₹3,500 crore week-to-date signaling emerging markets optimism revival post-US CPI softening 2.8% YoY January core 3.1% Fed funds futures 65% March rate cut probability positioning Nifty PCR 0.92 bullish divergence domestic institutional counterpart measured sales ₹850 crore equity maintaining equilibrium mutual funds SIP trajectory household savings channel commodities gold ETF inflows ₹2,500 crore calendar year sovereign gold bonds ₹15,000 crore tranche III 3.2x oversubscription multi-asset funds ₹25,000 crore AUM 22% commodity allocation systematic retail institutionalization asset class diversification equities fixed income trajectory.

Midcap breadth expansion Realty DLF +4.2% Q3 pre-sales ₹15,000 crore +25% YoY Chemicals Navin Fluorine +5.1% export realizations $8,000/MT Consumer Durables Voltas +3.5% AC volumes 28% festive BHEL correction -6% order inflows ₹25,000 crore pipeline execution delays EBITDA compression 200bps to 10.5% FY26 capex ₹2,500 crore thermal hydro nuclear 40% mix international orders 15% revenue contribution turnaround positioning.

Technical Outlook Global Cues

Nifty immediate resistance 26,000-26,050 support 25,800-25,750 RSI 58 neutral MACD histogram +50 widening bullish divergence Sensex resistance 84,500-84,800 support 83,800-83,500 RSI 55 histogram flattening Bank Nifty resistance 57,500-57,800 support 56,800-56,500 PCR 0.88 call writing 57,000CE 1.2 lakh contracts India VIX 11.55 sub-12 territory favoring bulls FII inflows sustained above ₹2,000 crore daily Q4 earnings beats 65% probability Nifty target 26,500 March expiry trajectory global handover US S&P500 +0.2% Nasdaq +0.4% Asia Nikkei225 +1.1% Hang Seng +0.8% GIFT Nifty futures premium +25 points 25,980 Thursday opening indication.

Earnings Calendar Strategic Positioning

Earnings calendar acceleration HDFC Bank Thursday consensus PAT ₹17,000 crore +25% YoY deposit growth 18% NIM 4.2% ICICI Bank Friday revenue ₹45,000 crore +16% retail loans 22% YoY Reliance Industries Monday Q3 refining margins $15/barrel petrochemical recovery 12% volumes FII long unwind potential Nifty 26,000 near-term positioning midcaps 15% smallcaps 8% overweight derivatives Nifty 26,000PE 1.1 lakh contracts resistance buildup monthly settlement premiums 1.2% implied move trajectory sustained outperformance validation top gainers Eicher Apollo SBI momentum persistence IT TCS Infosys Wipro correction digestion phase leadership rotation confirmation.