New Delhi, Feb. 12 -- The Indian stock market witnessed sharp intraday losses on Thursday, February 12, due to profit booking. The benchmark Sensex fell over 450 points, and the NSE Nifty 50 slipped close to the 25,800 level amid mixed global cues.

The domestic market is witnessing profit booking across segments despite India's healthy macroeconomic outlook and fresh buying by foreign institutional investors (FIIs).

The India-US tarde deal, a balanced Budget 2026, and easing geopolitical tensions have supported market sentiment. The Sensex is up nearly 2% in February so far after two consecutive months of losses.

Despite significant positives, the market is struggling to sustain a rally. The sell-on-rise trend continues, indicating tha...