The equity benchmark indices BSE Sensex and NSE Nifty rebounded from opening lows and ended at the day’s high, with the Nifty closing above the 25,650 mark. The Sensex rose 650 points to 83,277, while the Nifty gained 212 points to settle at 25,683.Reliance Industries, HDFC Bank, Axis Bank and ITC were the top contributors to the Nifty’s gains. Reliance Industries saw a big upmove in the final hours of trade, rising over 2% from its intra-day lows.
The Nifty Bank outperformed the broader indices, climbing 762 points to 60,949. HDFC Bank, Canara Bank and Axis Bank were the top gainers in the banking index.
Also Read: BSE, Angel One shares fall up to 10% after RBI tightens capital market exposure norms
From the Sensex basket, Power Grid Corporation of India Ltd, Coal India Ltd, HDFC Bank Ltd, Max Healthcare Institute Ltd, Cipla Ltd and Shriram Finance Ltd were the major gainers. Tech Mahindra Ltd, Maruti Suzuki India Ltd, Bajaj Auto Ltd, Mahindra & Mahindra Ltd, Jio Financial Services Ltd and Wipro Ltd were the biggest laggards.The Midcap index gained 285 points to 59,723. GMR Airports emerged as the top midcap gainer, surging nearly 7% post its Q3 results. Precision Wires hit a record high, jumping nearly 15% after its Q3 results. Torrent Pharma also hit a record high, gaining over 4% after posting Q3 results in line with estimates. Natco Pharma gained nearly 7% after the company received CDSCO approval for Semaglutide.On the downside, BSE and Angel One fell up to 7% after the RBI tightened capital market exposure norms. Ola Electric dropped 7% after its Q3 revenue halved and losses remained elevated. IRB Infra declined over 4% following weak Q3 results.Also Read: Ola Electric shares downgraded, target price cut by 60% after revenue halves in Q3; Stock down 6%Nifty IT saw a sharp recovery in the final hours of trade, with Coforgerecovering 5% from the lows. Despite the market closing higher, breadth was in favour of declines. The NSE advance-decline ratio stood at 2:3.Foreign Institutional Investors (FIIs) were net sellers in the equity market on Monday (provisional data), offloading shares worth ₹972.13 crore. Domestic Institutional Investors (DIIs) were net buyers, purchasing equities worth ₹1,666.98 crore during the same period, according to NSE.(Edited by : Jomy Jos Pullokaran)First Published: Feb 16, 2026 3:39 PM IST
