HCLTECH

The final trading day of the week saw HCL Technologies open with a significant gap down of 4.2%, reflecting intensified market concerns. The stock touched an intraday low of Rs.1,396, a 5.43% decline from the prior close, before settling at Rs.1,454.95, down 1.43% on the day. Trading volume reached a remarkable 1,348,208 shares, with a total traded value exceeding ₹21,149 crores, making it one of the most actively traded stocks by value. Institutional delivery volumes surged by 81.03% compared to the five-day average, indicating active repositioning. Put option activity surged notably, with 4,517 contracts traded at the ₹1,400 strike expiring on 24 February, signalling growing bearish sentiment and hedging. The stock’s technical profile remained weak, trading below all key moving averages and exhibiting bearish MACD and KST signals. Despite underperforming the Sensex’s 0.98% decline, HCL marginally outperformed its IT sector peers, which fell 4.41% on the day. The Mojo Score remained at 62.0 with a Hold rating, reflecting a cautious outlook amid ongoing volatility.