FIIs sell Swiggy, Zomato, tech stocks witness buying for second consecutive day: Stocks that kept dealers busy on Tuesday

The shares of Swiggy and Zomato ended 7.5% and 5% in the red, respectively, on Tuesday, February 11. According to sources in the dealing room, the shares of the food tech companies witnessed delivery-based selling at the FII desk today. The shares of Zomato have fallen 21.88% in 2025 so far, while Swiggy has fallen 38.22% in the year so far.

Sensex, Nifty fall; Tech stocks gain

The broader market continues to underperform, with market breadth remaining very weak. Midcap, small-cap, and micro-cap stocks are witnessing a weak trade, reflecting the overall sluggish sentiment.

Dealers tell CNBC-TV18 that flows at the FII desk were mixed, with investors keeping a close watch on the MSCI rebalance scheduled for tomorrow, which could drive volatility. Tech stocks are seeing buying interest for the second consecutive day at the institutional desk, signalling continued confidence in the sector. Meanwhile, Nifty is hovering around a crucial support level of 22,800. The Put-Call Ratio has fallen to 0.75, indicating a shift in market sentiment.

Besides Swiggy and Zomato, these stocks also made it to the dealing room chatter:

Interglobe Aviation: The shares of the aviation company ended nearly half a percent lower on Tuesday. According to dealers, there were small buy flows at the FII desk. The Kotak Institutional Equities has raised the target price for the shares to ₹5,400 apiece.

Goldiam International: The shares of the jewellery company ended almost 11% in the red on Tuesday. The stock witnessed sell flows at the HNI desk today. A leading HNI investor is an active seller of late, sources in the dealing rooms tell CNBC-TV18.

LIC Housing Finance: The shares of the housing finance ended 3.6% lower on Tuesday. According to dealers, there was sell flow at the FII desk, with likely high delivery volumes.

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