Stock market recap, Feb. 16 -- Domestic equity market benchmarks, the Sensex and the Nifty 50, cracked on Friday, 13 February, with a broad-based selloff hitting metal, IT and commodity stocks amid sluggish global markets.

Traders said a weaker-than-expected earnings season, coupled with emerging pressure on technology stocks over AI-led disruption concerns, weighed on sentiment.

In a volatile session, the 30-share BSE Sensex dropped 1,048.16 points, or 1.25%, to close at 82,626.76. The index had slumped as much as 1,140.37 points, or 1.36%, to an intraday low of 82,534.55.

On the BSE, 2,960 stocks declined, 1,253 advanced, and 151 remained unchanged.

Two stock recommendations by MarketSmith India for 16 February:

Buy: Kirloskar Oil ...