Metal strength offsets PSU bank drag as Nifty breadth slips
Indian equities surrendered most early gains as metal stocks held firm while PSU banks and key heavyweights declined, resulting in a narrow index close and negative breadth.
Indian equities surrendered most early gains as metal stocks held firm while PSU banks and key heavyweights declined, resulting in a narrow index close and negative breadth.
Late-session defence-sector rotation on February 25, 2026 lifted BEL as markets reacted to headlines around PM Modi's Israel visit and bilateral defence talks.
Tata group stocks led by TCS moved higher intraday after Tata Sons deferred a decision on N Chandrasekaran's third term as chairman.
Sensex gains narrowed in afternoon trade as Reliance turned negative, dragging Nifty below 25,500 even as metals, autos and pharma stocks stayed in the green.
PSU banks led a selective rally as Nifty closed above 25,700 on February 23, 2026, while IT remained weak and more than 110 stocks touched fresh 52-week highs.
IDFC First Bank stayed sharply lower through afternoon trade after reporting a Rs 590 crore Haryana government-linked account discrepancy, with the stock among the day's top movers.
Nifty held above 25,650 in afternoon trade as the US Supreme Court tariff verdict supported risk sentiment, lifting private banks and Reliance while IT stocks stayed weak.
A Jefferies downgrade tied to AI disruption risk extended the Nifty IT decline, with Infosys, TCS, HCL Tech and Tech Mahindra trading weak intraday.
The Indian IT sector is going through a sharp correction. While news headlines blame “AI fears,” a deeper look at the data and market trends reveals multiple underlying causes that are driving this sell-off. The Numbers Tell the Story The fall in IT stocks has been severe and prolonged. The Nifty IT index is currently ...
Between July 28 and October 31, 2025, we tested the opening range breakouts strategy popularly known as ORB on Nifty futures with one constraint: one trade per session. No additional entries after a breakout filled, even if that trade exited early. This popular algo strategy was tested on a 5 min timeframe for intraday trades. ...