Financial Summary: Friday, February 13, 2026

Asia-Pacific markets are expected to decline following a significant tech sell-off on Wall Street, raising concerns over AI-related disruptions.

The Indian stock market faced its largest drop since Budget day, with the BSE Sensex falling 903 points amid fears of AI disruptions affecting IT stocks.

Agrochemical stocks surged after strong Q3 earnings and reduced US tariffs, with Avanti Feeds leading the gains.

Textile stocks rebounded sharply, with companies like Gokaldas and Vardhman rising up to 10% due to potential zero-duty access to the US market.

The Indian rupee showed slight recovery after a prolonged decline, supported by improved trade sentiment despite ongoing volatility.

The Nifty index fell below 25,500 amid a broad market sell-off, with IT stocks like TCS and Infosys hitting 52-week lows due to AI disruption concerns.

HDFC Flexicap Fund has reached the ₹1 trillion AUM milestone, marking a significant achievement for mutual funds in India.

Sebi proposed relaxations in reporting requirements for stock brokers to enhance ease of doing business in the market.

Wall Street is experiencing its worst weekly drop since November, driven by tech sector jitters despite some relief from cooling inflation.

Natural gas prices fell for the week as forecasts predict a mild winter, reducing heating demand.

UBS analysts warn that rapid advancements in AI could disrupt credit markets more than previously expected.

Apple's stock fell sharply amid FTC scrutiny and delays in its AI assistant, Siri.

Pinterest's shares dropped significantly as the CEO cited tariffs and challenges leading to a revenue miss.

Coinbase reported a fourth-quarter loss with a 22% revenue drop due to a declining crypto market.

Instacart's stock surged 14% after exceeding revenue expectations and providing positive future guidance.

Rivian's stock rose 15% after surpassing Q4 expectations and announcing ambitious production targets for 2026.

Airbnb shares increased following a revenue beat and optimistic guidance for upcoming quarters.

Unilever's net profit rose 4.6% to $6.8 billion, but the company warned of slowing market conditions ahead.

Whirlpool of India reported a nearly 40% drop in Q3 net profit despite a rise in net sales.

Muthoot Finance's shares plunged 14% despite a 95% increase in Q3 net profit, raising investor concerns.

Tata Consultancy Services (TCS) shares hit a five-and-a-half-year low amid concerns over AI disruption affecting the IT sector.

Roku's stock surged after reporting a record quarter for premium subscriptions, marking its biggest net adds ever.

The U.S. Department of Homeland Security is facing a potential shutdown due to stalled funding negotiations in the Senate.

Munich is emerging as a key center for global discussions on national security priorities.

CK Hutchison is considering legal action against Maersk amid rising tensions over Panama Canal ports, highlighting U.S.-China geopolitical issues.

The U.S. has finalized a trade deal with Taiwan, which includes tariff reductions and commitments for significant American goods purchases.

Germany is in discussions with France about potentially joining its nuclear deterrence strategy due to rising European security concerns.

The U.S. has deployed its largest aircraft carrier, the USS Gerald R. Ford, to the Middle East, increasing military pressure on Iran.

Political tensions in the U.S. are escalating as Trump faces backlash from his party over various issues, including tariff policies.

An op-ed discusses a global shift towards China as countries reassess their economic ties with the U.S. amid ongoing geopolitical tensions.

Waymo is utilizing DoorDash gig workers to help with closing robotaxi doors, underscoring challenges in its autonomous technology.

Amazon's Ring has ended its partnership with Flock following backlash over a controversial Super Bowl ad, reflecting heightened scrutiny of tech collaborations.

HCL Technologies has teamed up with Cisco to introduce an AI-powered Fluid Contact Center solution to improve customer service.

Intellect has launched Purple Fabric, an Enterprise AI solution for mid and large-sized firms, at a competitive monthly price.

Cohere, an enterprise AI startup, has surpassed its revenue targets and is gaining momentum towards an IPO amid rising competition.

The Reserve Bank of India has implemented new regulations to improve consumer protection in credit life insurance linked to retail loans.

India's net direct tax collection has increased by 9.4% this fiscal year, indicating robust revenue growth.

The Digital Payments Index in India has surged to 516.76 in September 2025, reflecting a significant rise in digital transactions.

The Indian government successfully conducted a switch auction, repurchasing government securities worth Rs 75,505 crore from the RBI.

Irdai has allowed insurers greater flexibility to invest in Alternative Investment Funds while limiting overseas investments.

The Indian government has approved the export of 25 lakh metric tonnes of wheat and 5 lakh metric tonnes of wheat products to stabilize domestic markets.