BHEL Slides After Government Announces 3% Stake Sale; Nifty Healthcare Gains Led by Apollo Hospitals - Paper By Pocketful
Market Recap: 11th February, 2026
🗞 Stock News Highlights
Apollo Hospitals (+3.99%): Shares surged after strong Q3FY26 earnings; EBITDA rose 26.8%, margins expanded to 14.9%, ₹10 interim dividend announced.
Tata Motors Commercial Vehicle (+3.10%): Stock rose after its Indonesian subsidiary secured a 70,000-unit order for Yodha and Ultra T.7 vehicles.
Bharat Heavy Electricals Limited (-5.60%): Stock declined after the Government announced a 3% stake sale (10.44 crore shares) at ₹254 floor price, with 2% oversubscription option; company also secured ₹2,800 crore BCGCL order.
Titan Company (-0.47%): Stock slides despite record Q3 earnings, net profit up 61% to ₹1,684 crore and revenue up 43%, but investors booked profits as muted market cues capped upside momentum.
🏢 Sectoral Performance
Healthcare | Nifty Healthcare (+1.62%): The index gained, led by Apollo Hospitals, Divi’s Labs, and Max Healthcare, after Apollo’s strong Q3 results boosted sentiment across the healthcare space.
Auto | Nifty Auto (+1.30%): The index advanced, led by 11 gainers and 4 losers, driven by strong Q3 numbers, export optimism, and steady domestic demand outlook.
IT | Nifty IT (-1.76%): The index declined sharply with all constituents trading in the red, weighed down by global tech weakness, margin pressures, and cautious Q3 commentary.
PSE | Nifty PSE (-0.16%): The index ended marginally lower despite 11 gainers and 9 losers, as profit booking in select heavyweight PSU stocks weighed on overall sentiment.
🔍 Market Insights
Technical Level: The Nifty opened with a gap-up near 26,000, faced immediate resistance at that level, and rebounded before slipping lower. The index traded in a 100-point range throughout the session, forming support around 25,900.
Advance-Decline Ratio: Market breadth was positive, with 1481 advances against 1,682 declines, indicating continued buying interest across the broader market.
The Big Picture: U.S. policy shifts are stirring oil markets as President Donald Trump pushes foreign energy investment in Venezuela and pressures companies like Exxon to deepen involvement amid doubts over legal and political risks. Major oil firms are weighing opportunities in Venezuela’s vast reserves, but executive caution remains strong. Trump’s stance aims to unlock production and recalibrate global energy dynamics.
FII/DII Activity (Feb 10, 2026): DIIs bought ₹1,174 crore while FIIs remained marginal net buyers at ₹69 crore, indicating continued domestic support with cautious foreign participation.
🔮 Watch Out For Tomorrow
Earnings Corner: HUL and ONGC are set to announce their Q3 results tomorrow.
Macro: UK’s GDP MoM (Dec) & USA Monthly Budget Statement (Jan) are scheduled to be released Tomorrow.
Index Watch: Nifty closed Wednesday at 25,953.85, up 18.70 points, hovering near the 26,000 mark. For Thursday, resistance is seen at 26,000–26,050, where selling pressure may persist. Immediate support lies at 25,900–25,850. Holding above support keeps the bias positive, while a breakout above resistance may trigger further upside momentum.
5 Day Course
Theme: Options Trading (Risk-First, Probability-Driven)
Day 4 – Thursday: Trade Structuring & Probability Edge
Definition: Options trading is a game of probabilities, where the objective is to design trades that tilt the odds in your favor rather than forecast exact price levels.
Key Points:
Evaluate risk–reward, probability of profit (POP), breakeven levels, and maximum loss before entering any trade.
Structured strategies like spreads, iron condors, butterflies, and straddles help define risk clearly.
Defined-risk setups reduce emotional stress and protect capital from extreme, low-probability events.
Position sizing is as important as strategy selection.
Example: An iron condor generates income if price remains within a defined range, without requiring directional accuracy.
📝 Word Of The Day
Tail Risk– The risk of extreme, low-probability market events that cause outsized losses. These “fat tail” moves sit at distribution edges and can devastate portfolios lacking hedges or defined-risk structures.
👀 Stay tuned. Stay diversified.
Until next time,
Team Pocketful.