23/02/26, Adani Ports share price: Shares of Adani Ports and Special Economic Zone (APSEZ) surged as much as 3.51% to an intraday high of ₹1,564.50 per unit on the National Stock Exchange (NSE) on Monday, February 2023.

This comes after the company, through its subsidiary, inked a strategic memorandum of understanding (MoU) with NMDC and Brazil's Vale S.A. on Iron Ore on Saturday.

The stock was trading 2.67% higher at ₹1,511.90 per equity share at around 11:13 am.

While the scrip hit a 52-week high of ₹87 apiece on January 2, 2026, it touched a year's low of ₹52.46 on April 7, 2025.

In a regulatory filing dated February 21, it stated that its subsidiary, Adani Gangavaram Port Ltd (AGPL), signed a strategic pact with NMDC Ltd, a Government of India enterprise, and Vale S.A. at the India-Brazil Business Forum Summit held in New Delhi.

The MoU was signed during the official visit of Luiz Inácio Lula da Silva, President of the Federative Republic of Brazil, to India, and Piyush Goyal, Minister of Commerce and Industry of India, "underscoring the deepening India-Brazil strategic partnership."

The MoU established a strategic framework for the development of an iron ore blending facility and a dedicated Special Economic Zone (SEZ) at Gangavaram Port.

Under the pact, the parties will jointly develop, operationalise, and manage an integrated SEZ based ecosystem for the blending, value addition, and commercialisation of iron ore.

It will also involve the establishment of fully mechanised berthing and cargo-handling facilities capable of accommodating Valemax vessels with a carrying capacity of up to 400,000 MMT.

Furthermore, the collaboration will comprise end-to-end yard management, blending operations, and vessel discharge and loading to enhance supply chain efficiency and will involve strengthening Gangavaram's position as a consolidated export hub for iron ore and port-led industrial growth.

"This initiative is designed to strengthen the iron ore export value chain on India's East Coast while enhancing efficiency, scale, and global competitiveness in mineral processing and trade," APSEZ added.

With the development, the capacity of Gangavaram Port will increase to 75 MMT, the company stated, adding that the port will become a hub for iron ore exports for India and the region.

Commenting on the development, Ashwani Gupta, Whole-time Director & CEO of APSEZ, said: "This collaboration reflects a shared commitment to building resilient, future-ready infrastructure that strengthens India's position in global supply chains."

He added that by integrating high-quality mineral logistics with advanced port capabilities, the company will support industry requirements while contributing to the country's broader economic growth.

"Our partnership with NMDC and Vale will help establish a modern, efficient, and sustainable ecosystem for the iron ore sector on the East Coast. Gangavaram Port is poised to become the first port in India capable of handling Valemax vessels - the world's largest Very Large Ore Carriers (VLOCs)," Gupta stated.

Adani Ports and Special Economic Zone has a total market capitalisation of ₹3.57 lakh crore, as of February 23, 2026, according to data on the NSE.

Report by Upstox

source: Dailyhunt 

23/02/26, PostMarket REPORT

The key equity indices ended with moderate gains on Monday, extending a two-day rally after the US Supreme Court struck down President Donald Trump's sweeping tariffs.

Investors will monitor crude oil prices and movements in gold prices. The Nifty settled above the 25,700 level.

The barometer index, the S&P BSE Sensex advanced 479.95 points or 0.58% to 83,294.66. The Nifty 50 index gained 141.75 points or 0.55% to 25,713. In the two consecutive trading sessions, the Sensex and Nifty jumped 0.95% and 1.01%, respectively.

In the broader market, the S&P BSE Mid-Cap index slipped 0.21% and the S&P BSE Small-Cap index added 0.51%. The market breadth was negative.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 1.35% to 14.17.

Two Banks Flag Fraud Cases

IDFC First Bank slumped 16.18% after the bank said that it has uncovered fraudulent transactions worth around Rs 590 crore at one of its branches in Chandigarh, allegedly involving a few employees.

In a regulatory filing made on Sunday, the private sector bank said that based on a preliminary internal assessment (upon receipt of communication from a particular Department of Government of Haryana), the bank has identified an incident involving unauthorized and fraudulent activities by certain employees at a particular branch in Chandigarh and potentially involving other counterparties.

Detailing the events that led to the aforementioned discover, the bank stated that it had received a request from a particular Department of Haryana Government for closure of its account and transfer of funds to another bank. In the process, certain discrepancies were observed in the amount mentioned vis-à-vis the balance in the account.

Meanwhile, AU Small Finance Bank slumped 5.20% after the Haryana government decisively removed the bank from its list of empanelled lenders due to serious allegations of fraudulent activities. In a statement, the bank said that on 18 February 2026, it received a separate communication from the department seeking information regarding suspected unauthorised transactions between a government account and another customer account.

As of 21 February 2026, deposits from the Government of Haryana with AU Small Finance Bank stood at Rs 538 crore across nearly 200 accounts, accounting for about 0.4% of the bank's overall deposits as of 31 December 2026.

Numbers to Track:

The yield on India's 10-year benchmark federal paper slipped 0.28% to 6.706 compared with the previous session close of 6.725.

In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 90.9000 compared with its close of 90.9450 during the previous trading session.

MCX Gold futures for 2 April 2026 settlement advanced 1.90% to Rs 159,850.

The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.14% to 97.66.

The United States 10-year bond yield fell 0.27% to 4.078.

In the commodities market, Brent crude for April 2026 settlement lost 41 cents or 0.57% to $71.35 a barrel.

Global Markets:

Most European markets traded lower on Monday as investors awaited Italy's inflation data due later this week.

Markets in Asia ended mostly higher as investors digested the developments related to the United States tariffs.

While the Supreme Court ruled on Friday that the Trump administration unlawfully imposed the measures last year, US President Donald Trump used different legal means to raise global levies to 15% from 10% over the weekend.

Markets in China and Japan were closed for a holiday.

On Friday, U.S. stocks rose after the Supreme Court ruling, potentially providing relief for companies burdened by higher costs from the duties and easing concern about sticky inflation still plaguing the U.S. economy.

The S&P 500 advanced 0.69% and closed at 6,909.51, while the Nasdaq Composite gained 0.9% and settled at 22,886.07. The Dow Jones Industrial Average added 230.81 points, or 0.47%, and ended at 49,625.97. The 30-stock index recovered from a 200-point loss earlier in the session on disappointing economic data.

Data released on Friday showed that the US economy expanded an annualized 1.4% in Q4 2025, the least since Q1 2025, following a 4.4% growth in Q3 and well below widely reported forecasts of 3%, the advance estimate showed.

Stocks in Spotlight:

Dee Development Engineers surged 16.35% after the company announced that it, along with its material subsidiary, has secured contracts aggregating approximately Rs 173 crore.

Adani Ports and Special Economic Zone advanced 2.75% after the company's subsidiary Adani Gangavaram Port signed a memorandum of understanding with NMDC, a Government of India enterprise, and Vale S.A., Brazil.

Axis Bank added 1.34% after the bank has clarified that it has neither submitted nor is planning to submit any bid for a stake in CreditAccess Grameen.

UPL tumbled 14.15% after the company's restructuring plan triggered concerns over leverage and the post-rejig capital structure. The company announced restructuring plan to consolidate its India and international crop protection businesses into a new listed entity, UPL Global Sustainable Agri Solutions (UPL Global).

Morepen Laboratories zoomed 15.11% after the company announced that it has secured a multi-year contract development and manufacturing organization (CDMO) mandate valued at approximately Rs 825 crore from a leading global pharma major. The company stated that the supplies under the said mandate are expected to commence within the next 4-5 months, with execution scheduled through Q1 of the following financial year, subject to customary operational and regulatory processes.

JSW Infrastructure added 1.94% after the company's board approved the issuance of 25 crore equity shares with face value of Rs 2 each, to fund its multi year expansion program. The fundraising may be undertaken through one or more of following modes such as qualified institutional placement (QIP), further public offer (FPO), rights issue or through any other permissible mode. The issuance of shares will also enable compliance with SEBI's Minimum Public Shareholding (MPS) requirement.

As previously guided, the company remains on a strong growth trajectory, with operating EBITDA expected to double by FY28 from FY26 levels to reach around Rs 5,000 crore. This outlook is underpinned by clear execution visibility across the under-construction Projects in the Ports segment and the transition of rolling assets from capex to EBITDA contribution within the Logistics segment.

Lotus Chocolate Company declined 1.97% after the company announced temporary shutdown of its manufacturing facility situated in Sangareddy, Telangana for 15 days from 24 February 2026.

R&B Denims rose 1.94% after the company secured sales orders aggregating to around Rs 215.88 crore for the supply of around 12,000,000 meters of denim fabric products from established merchant exporters.

Olectra Greentech gained 2.50% after its associate, Evey Trans (EVEY), secured two Letters of Award (LOAs) worth Rs 1,800 crore from the Telangana State Road Transport Corporation (TGSRTC).

Patel Engineering rose 2.68% after the company said that it has been declared the lowest bidder (L1) from Himachal Pradesh Power Corporation (HPPCL) for the construction of the Renukaji Dam Project in Himachal Pradesh. The order, valued at Rs 910 crore, is scheduled to be completed within 30 months.

IPO Update:

Gaudium IVF and Women Health received bids for 4,21,19,784 shares as against 1,46,20,340 shares on offer, according to stock exchange data at 16:45 IST on Monday (23 February 2026). The issue was subscribed 1.54 times. The issue was subscribed 2.59 times.

The issue opened for bidding on 20 February 2026 and it will close on 24 February 2026. The price band of the IPO is fixed between Rs 75 and 79 per share.

Shree Ram Twistex received bids for 11,92,464 shares as against 1,06,00,000 shares on offer, according to stock exchange data at 16:45 IST on Monday (23 February 2026). The issue was subscribed 1.54 times. The issue was subscribed 0.11 times.

The issue opened for bidding on 23 February 2026 and it will close on 25 February 2026. The price band of the IPO is fixed between Rs 95 and 104 per share.

Clean Max Enviro Energy Solutions received bids for 75,04,294 shares as against 2,18,23,329 shares on offer, according to stock exchange data at 16:45 IST on Monday (23 February 2026). The issue was subscribed 1.54 times. The issue was subscribed 0.34 times.

The issue opened for bidding on 23 February 2026 and it will close on 25 February 2026. The price band of the IPO is fixed between Rs 1,000 and 1,053 per share.

source: CapitalMarket / Dailyhunt 

23/02/26, India Reducing Russian Oil ??

 https://youtu.be/biS3bdiuUmw?si=4C3_4OA8JcKU9-fP

23/02/26, Gold Rates Today

 If you are planning to purchase jewellery or invest in bullion, keeping a daily watch on gold and silver prices is important. The precious metals market remains active as fresh movements were recorded on February 23, 2026, with gold continuing its upward bias while silver also traded firm in the domestic market.

According to the latest morning data released by the India Bullion and Jewellers Association (IBJA), gold rates registered a mild rise compared with the previous trading session, reflecting sustained demand from both buyers and investors.

Latest IBJA Gold Rates (Without GST)

• 24K Fine Gold (999): ₹15,841 per gram
• 22K Gold: ₹14,521 per gram
• 20K Gold: ₹13,201 per gram
• 18K Gold: ₹11,881 per gram
• 14K Gold: ₹9,241 per gram

The increase indicates continued firmness in bullion, driven by safe-haven demand and steady retail buying interest.

Jewellery Brand Rates (22K Gold)

Retail jewellery prices differ slightly from bullion rates because of making charges and taxes. As per brand websites:

• Tanishq: ₹14,640 per gram
• Malabar Gold & Diamonds: ₹14,600 per gram
• Joyalukkas: ₹15,640 per gram
• Kalyan Jewellers: ₹14,600 per gram

(Prices may vary by city and state and are exclusive of GST and making charges.)

Why Prices Matter For Buyers

Gold remains a preferred investment in India, especially ahead of weddings and festive purchases. Even a small change in per-gram price significantly impacts the final jewellery bill. Investors also monitor bullion rates closely because gold often acts as a hedge during economic uncertainty.

With markets showing a steady upward tone, buyers are keeping a close eye on daily fluctuations before making purchases or investment decisions.

Report by Ashish Rana of Oneindia

23/02/26, Hindustan Aeronautics Ltd

Shares of Hindustan Aeronautics Ltd declined over 2% a day after it was learnt that a Tejas light combat aircraft of the Indian Air Force (IAF) sustained major damage to its airframe after it overshot the runway at a frontline airbase following a suspected brake failure earlier this month.

The pilot of the aircraft ejected safely, sources told PTI on February 22.

It is learnt that the aircraft was returning to the base after carrying out a training sortie.

There was no official word from the IAF on the accident that took place on February 7.

At 10 am on February 23,  HAL shares  were trading 2% lower at Rs 4,080 apiece.

Following the incident, the IAF grounded the entire fleet of around 30 single-seat Tejas jets to carry out an extensive technical scrutiny, the report said.

It was the third accident involving the Tejas jets. The first one took place in March 2024, when a Tejas jet crashed near Jaisalmer.

The second incident took place in November 2025, when a Tejas jet crashed during an aerial display at the Dubai Airshow.

The latest accident comes at a time when Tejas maker Hindustan Aeronautics Ltd (HAL) has missed several deadlines to supply the Tejas Mark 1A variant of the aircraft to the IAF.

In February 2021, the defence ministry sealed a Rs 48,000 crore deal with HAL for the procurement of 83 Tejas Mk-1A jets for the IAF.

The delivery of the jets is facing delays primarily due to GE Aerospace missing several deadlines for the supply of its aero engines to power the jets.

The defence ministry in September last year sealed another deal worth Rs 62,370 crore with HAL to procure 97 Tejas MK-1A light combat aircraft for the IAF.

Tejas is a single-engine multi-role fighter aircraft capable of operating in high-threat air environments.

It has been designed to undertake air defence, maritime reconnaissance and strike roles.

Source: Network18

23/02/26, The FinancialExpress Report on Supreme Court Ruling

The Indian markets are set for a fresh round of uncertainty after the US Supreme Court struck down President Donald Trump's global tariff order.

Most experts believe that the market would open with a gap up because the new rate of 15% for 150 days, which the US government proposes to impose, will be lower. However, there won't be any material directional change.

While the Gift City Nifty was up 320 point or 1.25% on Saturday, Pratik Gupta, CEO and Co-Head, Kotak Institutional Equities and Sudeep Shah, head - technical & derivatives research, SBI Securities believe that the optimism will be tempered by realism and any change is likely to short lived.

Both Pratik Gupta, CEO and Co-Head, Kotak Institutional Equities and Sudeep Shah, head - technical & derivatives research, SBI Securities said that the optimism will be tempered by realism and any change is likely to short lived.

A Balasubramanian, CEO, Aditya Birla Sun Life AMC, said the ruling is "a positive development from the emerging markets point of view," especially for sectors like textiles, chemicals, and auto components. He added that US companies, which had not fully passed on tariff costs to consumers, may also benefit.

Gupta believes that there is some uncertainty in global trade again after the US Supreme Court order. That is why the US market has not reacted significantly to the ruling. "In India, the concern was not so much about the tariffs in themselves but about the state of bilateral relations with the US," he said.

The rupee, too, is expected to strengthen modestly. "Sentimentally positive for the rupee but may not lead to much appreciation," an economist said.

Market researches on Rupee value

Ritesh Bhansali, Deputy CEO of Mecklai Financial Services, expects the rupee to trade in the 90.40-91.50 range in the near term. "The rupee is likely to give back some of its gains and open around 90.80-90.85 on Monday, especially with the tariff structure now shifting to 15%, compared with the earlier 18%."

He added that there could also be two way volatility next week as markets react to President Trump's tariff moves and any fresh developments on the US-Iran front. Alok Singh, treasury head of CSB Bank, added that while the ruling is positive, "much of it is already priced in"

Gupta pointed out that while clarity is needed on the tariffs on Indian exports to the US, institutional investors (both Indian and overseas) are more focused on other issues, as India's exports are only ~17% of GDP.

Impact of a potential US-Iran conflict

Near-term concerns like a potential US-Iran conflict and its impact on oil prices, as well as medium-term challenges such as the effect of AI (artificial intelligence) on IT sector jobs, weigh more heavily. "The corporate earnings outlook, the monsoon's impact on agriculture, and India's export diversification with the EU are also critical," added Gupta.

A SBI Research note stated that this has immediate implications for India's exporters. Higher landed costs, double exposure for steel and aluminium (which continue to face Section 232 duties), and uncertainty over Congressional ratification all weigh on trade flows. The research note flags the unresolved question of refunds for the $160-175 billion collected globally under earlier tariffs, a process that could take years.

In the near term, the tariff reset eases the burden on Indian exporters. The effective rate for India drops from 25% to 15%, compared with the 18% rate that had been agreed upon but not formally notified. Export oriented sectors - IT, pharma, metals, textiles, engineering goods - stand to benefit from the reduction in uncertainty, added Shah.

Indian equities have shown resilience over the past year. The BSE Sensex has risen nearly 10%, while the Nifty 50 index has gained over 11%, supported by strong domestic liquidity, improved earnings, and macro stability.

While the tariff ruling removes one layer of uncertainty, it does not change the market's concern about the risk of a US-Iran conflict. With crude prices already elevated and India heavily dependent on imports, any escalation could pressure inflation, the rupee, and corporate margins, overshadowing the tariff breather.

23/02/26, About IDFC First Bank

 

Shares of IDFC First Bank will be in focus on Monday, February 23, after the bank on Sunday informed exchanges that it has detected fraudulent activities by certain employees at a particular branch in Chandigarh amounting to ₹590 crore.

The bank has suspended four suspected officials, and it will pursue strict disciplinary, civil and criminal action against the employees and other external individuals responsible, in accordance with applicable law, IDFC First Bank said.

IDFC First Bank said that it received a request from a particular Department of Haryana Government for closure of its account and transfer of funds to another bank. In the process, certain discrepancy was observed in the amount mentioned vis-à-vis the balance in the account.

Following the request from the department, bank found differences between the balances in the account and the balances as mentioned by the said Haryana Government entities holding accounts with the bank.

"The aggregate amount under reconciliation across the identified accounts at the abovementioned Branch is approximately ₹590 crore. The impact may be determined based on receipt of further information, validation of claims, recoveries of any nature including those made through the process of marking lien on fraudulent beneficiary accounts maintained with other Banks, liabilities of other entities involved in the fraudulent transactions, and the legal recovery process," IDFC First Bank said in a regulatory filing.

Meanwhile, the bank convened a meeting of Special Committee of the Board for Monitoring and Follow-up of Cases of Frauds (SCBMF) on February 20, 2026 and the matter was placed before the Committee.

IDFC First Bank said that is in the process of appointing an independent external agency to conduct an independent forensic audit and it has filed a complaint with the police authorities and will extend full cooperation to the investigating agencies.

The bank has also sent a recall request to certain beneficiary banks to lien mark balance in suspicious accounts held in these banks.

IDFC First Bank shares ended 0.72% higher at ₹83.56 on Friday

source: Upstox

23/02/26, The National Commodity and Derivatives Exchange (NCDEX), a leading agri-commodity exchange, last year received approval from the Securities and Exchange Board of India (Sebi) to launch its equity and equity derivatives segments.

Arun Raste, MD & CEO, NCDEX, speaks to Sandip Das on a range of issues related to expanding the bourse's footprint and the impact of the ban on futures trading in several agri-commodities.

Please elaborate on your plan to diversify beyond commodities into equities and equity derivatives.

Over the last two decades, we have established ourselves as India's leading agricultural commodity exchange. We are now expanding into a full-fledged multi-asset platform by entering the mutual funds, equity and equity derivatives segments.

The idea is to connect grassroots savings with regulated investment opportunities and enable a wider cross-section of the population to create wealth.

While stock markets have seen phenomenal growth over the last five years, millions of people remain outside the equity ecosystem. As an agri-commodity exchange, our network and client base are deeply rooted across regions. We see a strong opportunity to bring these participants into the mutual fund and equity fold.

At the same time, we will continue to grow our commodities business through market expansion, new products and additional segments. Investors have recognised this opportunity, and we secured an investment of Rs 770 crore from a diversified group of 61 investors.

Raste on futures trading in commodities

What are your views on the continued extension of the ban on futures trading in commodities, including wheat, chana and mustard, imposed by Sebi since December 2021?

Commodity exchanges encourage investment in electronic negotiable warehouse receipt (e-NWR)-accredited warehouses, improve quality testing and standards, enable transparent pricing, and build stronger market linkages.

Exchanges also support farmers and farmer producer organisations (FPOs) through training, warehousing access, price benchmarks, quality checks and improved bargaining power.

They provide price-risk hedging, transparent price discovery and reliable pricing benchmarks. For FPOs, futures prices serve as clear reference points. The impact of the suspension has extended far beyond trading volumes. Independent studies indicate that the disruption has affected the entire agri ecosystem- farmers, FPOs, traders and related market linkages.

Most importantly, it has weakened trust in a regulated market platform. We believe decisions of this nature should be based on real data and taken after structured consultation with industry stakeholders.

What are your plans for acquiring stakes in commodity exchanges overseas?

We have partnered with the Colombo Stock Exchange (CSE), Sri Lanka's flagship exchange, to help build a comprehensive framework for derivatives and commodities markets. This includes knowledge transfer, technology support, capacity building and inputs into the regulatory framework.

We have jointly proposed the creation of 'CSEDEX'. Under this proposal, NCDEX would hold a 20% stake, subject to regulatory approvals in both countries. It would be the first greenfield partnership of its kind and one of the rare instances of an Indian commodity exchange acquiring a direct stake in an overseas exchange.

The proposed stake will allow us to grow beyond domestic market constraints while contributing to the creation of a new market from the ground up. We are open to exploring similar opportunities.

Raste on agricultural commodity futures exchange

Which new agricultural commodity futures has the exchange launched in recent years, and what are the expansion plans?

We recently launched smart maize contracts with a smaller 10-tonne lot size, making participation easier and more practical for a wider set of stakeholders. The market dynamics of maize are changing due to rising demand from the ethanol sector.

With the government pushing higher ethanol blending in petrol, distilleries are increasingly using maize as feedstock, especially when rice is diverted away from ethanol, making price-risk management tools more relevant than ever. We are also evaluating the relaunch of potato futures this year.

This reassessment is driven by significant improvements in cold storage capacity, warehousing and logistics. In addition, we are examining the feasibility of relaunching pepper futures. Pepper offers a strong opportunity to test how Indian exchanges can influence global pricing in commodities where India has deep production strength.

NCDEX recently signed an MoU with the India Meteorological Department (IMD) to develop India's first weather derivatives using historical and real-time data. What progress has been made so far?

We are in the advanced stages of developing weather derivatives, with final refinements underway following useful inputs from the product advisory committee.

We expect to submit the product for regulatory approval by the end of this month. Over time, weather derivatives are expected to complement crop insurance and traditional hedging tools, becoming a critical building block in strengthening climate resilience across agriculture and allied sectors.

They mark a clear shift- from reactive compensation to proactive risk management.

Report by FinancialExpress

Source: Dailyhunt 

23/02/26, Stocks to Watch Today: Several key stocks are expected to remain in focus today following major regulatory developments, project wins, management changes, and strategic partnerships.

Here's a detailed look at the latest updates from companies that could drive market action.

Company	Why is the stock in focus?
Adani Enterprises	Embraer jet assembly partnership
RailTel Corporation of India	Rs 1,136 crore LoI
NTPC	158.4 MW solar commissioned
Adani Ports and Special Economic Zone Limited	Iron ore SEZ MoU
Lodha Developers	New launches, Rs 1,200 crore investment
YES Bank	Targets 1% RoA
UPL	Group reorganisation approved
InterGlobe Aviation (IndiGo)	IndiGo OCC leadership change
Cipla	USFDA flags Greece facility
IDFC First Bank	Haryana de-empanelment
AU Small Finance Bank	Haryana de-empanelment

Adani Enterprises

Defence Push with Embraer

Shares of Adani Enterprises will be closely tracked after its defence arm announced a strategic move in the aviation space.

Adani Defence and Aerospace has partnered with Brazilian aerospace major Embraer to set up a final assembly line in India for the E175 regional jets. The development marks a significant step in strengthening India's aerospace manufacturing ecosystem.

RailTel Corporation of India

Rs 1,136 Crore LoI Boost

RailTel Corporation of India is likely to attract investor attention after securing a major contract win.

The company, in consortium with Ashoka Buildcon, has received a Letter of Intent (LoI) from the Inspector General of Registration (IGR).

The contract, valued at Rs 1,136.18 crore, involves the selection of a Managed Service Provider (MSP) for modernising offices of the IGR and the Controller of Stamps under the Maharashtra Government.

NTPC

Green Energy Arm Commissions Solar Capacity

State-run power major NTPC will also remain in focus after a green energy milestone.

Its subsidiary, NTPC Green Energy, has commissioned 158.4 MW capacity out of the planned 250 MW solar photovoltaic (PV) project in Andhra Pradesh. The partial commissioning marks progress in the company's renewable energy expansion plans.

Adani Ports

Strategic MoU for Iron Ore Blending Facility

Adani Ports and Special Economic Zone Limited (APSEZ) has signed a strategic Memorandum of Understanding through its subsidiary, Adani Gangavaram Port Ltd.

The agreement has been signed with NMDC Ltd and Vale SA to develop an integrated iron ore blending facility and a dedicated Special Economic Zone (SEZ) at Gangavaram Port.

Lodha Developers

New Projects and Investment Push

Realty major Lodha Developers is expected to stay on investors' radar following multiple expansion announcements.

The company has partnered with Sahana Group companies to develop projects across multiple land parcels spanning over 10 acres in Mumbai, according to CRE Matrix.

In a separate development, Lodha Developers Ltd will invest Rs 1,200 crore this quarter in pure construction activities. It also plans to launch 12 housing projects with an estimated sales value of nearly Rs 13,000 crore as part of its business expansion strategy.

YES Bank

Targets 1% Return on Assets

Private lender YES Bank will be in focus after management commentary on financial performance.

According to a PTI report, the bank expects to close the ongoing financial year with a return on assets (RoA) of 1 per cent. Chief Financial Officer Niranjan Banodkar stated that the lender remains on a recovery path.

UPL

Board Approves Group Reorganisation Plan

Agrochemical major UPL has announced a key structural change.

The company's Board has approved a group reorganisation plan through a composite scheme of arrangement. The move aims to unlock shareholder value by creating an independent and focused crop protection platform.

IndiGo (InterGlobe Aviation)

Leadership Change in Operations

Aviation major InterGlobe Aviation, which operates IndiGo, has announced a senior management reshuffle.

IndiGo has appointed Captain Rohit Rikhye as the new Head of Operations Control Centre (OCC), replacing Jason Herter. This marks the first major leadership rejig after the airline faced significant operational disruptions in December last year.

Cipla

USFDA Classifies Greece Facility as OAI

Pharmaceutical stock Cipla may see investor reaction following regulatory developments.

The US Food and Drug Administration (USFDA) has classified the current Good Manufacturing Practices (cGMP) inspection at the Rodopi, Greece, manufacturing facility of Pharmathen International S.A. the supply partner for Lanreotide injection to Cipla USA Inc, as Official Action Indicated (OAI).

IDFC First Bank and AU Small Finance Bank

Haryana Government Action

Banking stocks IDFC First Bank and AU Small Finance Bank will remain in focus after a regulatory setback.

The Haryana government has de-empanelled both banks for government business with immediate effect until further orders, according to an official circular.

Report by EconomicTimes

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. )

23/02/26, An Indian-origin candidate of Australia's Family First party has hit back at remarks made by South Australia Premier Peter Malinauskas, calling them demeaning towards migrants

Malinauskas recently asked voters of a rival party to consider who would feed them and "wipe their bums" if immigration to Australia is curtailed.

Deepa Mathew, Family First South Australia Legislative Council lead candidate, lashed out at Malinauskas for stereotyping immigrants.

Who is Peter Malinauskas? What did he say?

Peter Malinauskas is the premier of the Australian state of South Australia. On Wednesday, Mr Malinauskas answered a question about immigration at a Council for Economic Development of Australia event in Adelaide.

Asked how he could "win the day on immigration", Malinauskas said he had a message for One Nation voters. "Who's going to feed you and bathe you and wipe your bum when you're 90?" Malinauskas said, according to an ABC News report.

"Because it ain't going to be your kids. Because if I get my way, they're going to be working on submarines with high-paying jobs so they can afford to own their home. That has to be built by someone. And who is going to do that work?" added the premier of South Australia.

Deepa Mathew hits back

Family First South Australia Legislative Council lead candidate Deepa Mathew criticised Malinauskas for suggesting that migrant workers are needed for wiping bums.

"I didn't come here to wipe bums. I came here to be Australian," said Mathew, who migrated to Australia from India 20 years ago. Mathew came to Australia as a young mother, built a successful career in banking, and then launched her own business.

"Icame to South Australia with my husband and young family seeking opportunity, freedom and a better future," Mathew said.

"Like thousands of other migrants, I have worked hard, contributed to the economy, paid taxes, created jobs and volunteered in my community.

"My family and I have embraced the Australian way of life. We have assimilated.

"To reduce migrants to people who exist to 'wipe bums' is offensive and beneath the office of Premier," she said.

"Migrants are doctors, engineers, small business owners, aged care professionals, teachers and entrepreneurs. We are not a political prop," noted the Indian-origin Australian politician, adding that South Australia needs a sensible, sustainable immigration policy.

"Family First believes strong families, affordable housing and secure jobs are the foundation of a thriving state. Immigration settings must align with those priorities - not undermine them," Mathew said

23/02/26, Index Levels

☺ 

SENSEX

NIFTY BANK

22/02/26, Market News & Out Look:- NIFTY and SENSEX ended the week with modest gains of 0.3%, despite ongoing volatility, weak IT stocks, and uncertainty surrounding global tariffs.

 The indices witnessed cautious optimism and traded in a narrow range. However, the IT sector's ongoing weakness restrained the overall upward momentum.

Market volatility also remained elevated because of global geopolitical developments, fluctuations in oil prices, and changes in U.S. trade policy. On Friday, the U.S. Supreme Court overturned President Donald Trump's trade tariffs imposed under IEEPA. However, President Donald Trump said that, after a detailed review of court's decision, he would raise the worldwide tariff to 15% percent. This comes after he approved 10% global tariff on imports from all countries on Friday.

Sectoral performance was mixed during the week. The PSU Bank index led the gains with a climb of 5.5% followed by the Energy index with a rise of 2.4% and the FMCG index with an increase of 1.7%. Meanwhile, the Pharma and Defence indices each posted modest gains of around 1%. In contrast, the Auto and IT indices underperformed, falling between 1.3 and 2.5 % during same period.

Spotlight: Crude oil futures sustained the overall uptrend, but prices are currently facing resistance near the 6,100-6,150 zone. The chart structure is supported by rising 21-day and 50-day EMAs, which signals that the broader momentum is still positive. Unless crude breaks its 50-day EMA on a closing basis, it may sustain the bullish trend. Reflecting the move in crude, upstream oil producers such as ONGC and Oil India rallied over 4%, as higher crude prices directly improve their realizations and earnings outlook.

️Key events in focus: In the US key economic data and corporate earnings that could shape sentiment are US Initial Jobless claims and earnings of Nvidia. The jobless claims will be released on 21 February. The previous reading showed claims falling sharply to 2,06,000, well below expectations, signalling continued strength in the labour market. Meanwhile, earnings of Nvidia on Wednesday will allow investors to look for fresh signals on the strength and sustainability of the artificial intelligence-driven rally.

Meanwhile, in India, fourth quarter GDP numbers will be released on Friday. The Indian economy expanded by 8.2% in the third quarter, up from 7.8%, reflecting strong growth and momentum.

Market breadth

NIFTY's market breadth moderated this week mildly, with the percentage of NIFTY50 stocks trading above their 50-day moving average from 60% to 58%. The decline is marginal and suggests mild cooling rather than a structural deterioration in participation. While the broader tone remains stable, sustaining breadth above the 60% zone would be important to support further upside momentum.

FIIs cash market and derivatives

Foreign Institutional Investors (FIIs) activity in the cash market remain muted in the month of February and have sold shares worth ₹2,011 crore. Meanwhile, Domestic Institutional Investors (DIIs) supported the markets and have purchased shares worth ₹14,111 crore.

In the derivatives segment, the long-to-short ratio of FIIs in index futures cooled from 20:80 to 25:75 as the FIIs gradually reduced the short contracts in index futures. Additionally the net open interest of the FIIs in index futures dropped 8% to 1.33 lakh contracts (-ve), indicating covering of some short contracts.

NIFTY50 outlook

NIFTY50 index protected the immediate support zone of 25,400 and 25,350 on the closing basis and failed to confirm the bearish engulfing candle on the daily chart, formed on 19 February. After rebounding towards the 21-day and 50-day exponential moving averages (EMAs), the index faced resistance around these levels and failed to capture on these zones on a closing basis. In the short-term, the index is trading between the immediate swing high (25,885), which will act as a resistance. On the flip side, the immediate support is around the 25,400 and 25,350 zone. A break of this range on a closing basis will provide further clues.

---

source: Upstox

Disclaimer:

Derivatives trading must be done only by traders who fully understand the risks associated with them and strictly apply risk mechanisms like stop-losses. The information is only for consumption by the client, and such material should not be redistributed. We do not recommend any particular stock, securities, or trading strategies. The securities quoted are exemplary and not recommendatory. The stock names mentioned in this article are purely to show how to do analysis. Make your own decision before investing.

21/02/26, US Supreme Court decision on Trump's tariffs: The US Supreme Court struck down the reciprocal tariffs imposed by the Donald Trump administration on its trading partners.

Hours after this US Supreme Court decision on tariffs, US President Donald Trump signed off on a 10% global tariff on all countries. So, after the series of these developments, global markets, including Dalal Street, are expected to react on Monday. Gold and silver prices are also expected to react to such developments in the US, as there is significant uncertainty regarding Trump's tariffs and the repayment of nearly $175 billion in tariffs collected by the US administration after they were imposed on trade partners.

According to market experts, the US Supreme Court's decision on tariffs is expected to bring relief to Indian exporters with significant exposure to the US market. The US Supreme Court decision has triggered positive sentiment, and the Indian stock market is expected to open with an upside gap on Monday, they said. They said Gift Nifty closed around 200 points higher than the Nifty 50 close, signalling positive sentiment on Dalal Street after this US Supreme Court decision. They predicted a positive opening for gold and silver prices as uncertainty will be very high when the market opens on Monday.

What US Supreme Court decision on tariffs mean for Dalal Street?

Expecting a gap-up opening on Monday when trade activity resumes on Dalal Street, Seema Srivastava, Senior Research Analyst at SMC Global Securities, said the US Supreme Court's decision to strike down Trump's global tariffs is a huge win for Indian exporters, who were struggling with tariffs imposed under the International Emergency Economic Powers Act (IEEPA). These tariffs had impacted Indian exports worth over $50 billion, with labour-intensive sectors like textiles and gems facing significant challenges.

"The decision effectively eliminates the 18% reciprocal tariff agreed upon under the India-US trade framework, meaning 55% of India's exports to the US will now be subject to only 10%," Seema Srivastava of SMC Global Securities said.

However, Sugandha Sachdeva, Founder of SS WealthStreet, said the US Supreme Court decision on Trump's tariffs does not affect sector-specific tariffs imposed under separate statutory authorities. Duties on steel, aluminium, automobiles, semiconductors, and other strategic products remain firmly in place. This ensures that targeted protection for key industries continues despite the broader setback to the reciprocal tariff framework.

What Gift Nifty signals?

Expecting a gap-up opening for the Indian stock market, Avinash Gorakshkar, a SEBI-registered fundamental equity analyst, said, "When these developments took place, the Indian stock market was closed, but the Gift Nifty was open. Generally, the Gift Nifty index and the Nifty 50 index closed with marginal differences. But on Friday, the Nifty 50 index closed at 25,571, while the Gift Nifty 50 futures for February 26, 2026, expiry closed at 25,764, around 200 points higher than the Nifty 50 index. So, I won't be surprised if the BSE Sensex opens more than 500 points higher on Monday."

Impact on gold, silver rates

On how the US Supreme Court's decision on Trump's tariffs may impact gold and silver prices, Sugandha Sachdeva of SS WealthStreet said the ruling injects renewed uncertainty into global trade policy. She said that President Trump has publicly criticised the US Supreme Court decision and announced to introduce an additional 10% global tariff, underscoring his continued commitment to protectionist trade policy.

"These evolving trade dynamics, combined with heightened geopolitical tensions, continue to underpin safe-haven demand. The ongoing US military buildup in the Middle East has intensified market anxiety. With diplomatic deadlines in place and retaliation risks looming, geopolitical uncertainty remains elevated. Overall, trade uncertainty, geopolitical risk premium, and macroeconomic crosscurrents continue to provide a structurally supportive backdrop for gold and silver," said Sugandha Sachdeva of SS WealthStreet.

Outlook for the gold rate today

Speaking on the outlook of gold rate today, Sugandha Sachdeva said, "Technically, gold price remains well supported near $4,880 per ounce and ₹1,49,800 per 10 gm in the domestic market. Immediate resistance is seen around $5,100 to $5120 per ounce and ₹1,61,000 per 10 gm. A sustained break above these levels could open the path toward $5,350 internationally and ₹1,75,000 per 10 gm domestically."

Outlook for the silver rate today

On the outlook for silver rate today, Sugandha Sachdeva said, "Silver price is finding support near $70 per ounce and ₹2,25,000 per kg (closing basis), while resistance is placed around $86 per ounce and ₹2,75,000 to ₹2,78,000 per kg in the May contract."

The SS WealthStreet expert said that a decisive breakout above resistance, particularly if trade tensions or geopolitical risks escalate, could trigger a fresh upward leg in silver towards ₹3,50,000 per kg. With Chinese participants expected to return on 24th February from the Lunar New Year holiday break, liquidity and directional conviction could improve, potentially setting the stage for a sustained move once key technical thresholds are cleared.

source: Mint

Disclaimer: This story is for educational purposes only.  We advise investors to check with certified experts before making any investment decisions.

20/02/26, The Live Mint Report

 The 30-pack Sensex ended the session 1,236 points, or 1.48%, lower at 82,498.14, while its 50-stock counterpart, the Nifty 50, settled the day at 25,454.35, suffering a loss of 365 points, or 1.41%. The Bank Nifty index crashed 811 points and closed at 60,739.

The broad-based selloff also impacted second-rung mid- and small-cap indices, as the BSE 150 MidCap Index crashed 1.54% and the BSE 250 SmallCap Index declined 1.16%. Investors lost about ₹7 lakh crore as the overall market capitalisation of BSE-listed firms dropped to nearly ₹465 lakh crore during the day from ₹472 lakh crore in the previous session.

Speaking on the outlook of the Indian stock market today, Ponmudi R, CEO at Enrich Money, said, "The sell-off was broad-based across banking, auto, FMCG, metals, and aviation stocks, reflecting a clear risk-off sentiment driven by escalating US-Iran tensions, a hawkish US Fed outlook, a spike in India VIX to 13.46 (up over 10%), and sustained FII pressure, with DIIs also turning net sellers in the previous session."

Expecting a weak opening on Friday, Hariprasad K, SEBI-registered Research Analyst and Founder of Livelong Wealth, said the Gift Nifty today indicates a slightly bearish start for the Nifty 50, extending yesterday's negative momentum.

US-Iran war

Awaiting President Donald Trump's orders, a massive military buildup, including warships, fighter jets and refuelling aircraft, is hovering in West Asia. The target would be Iran if the ongoing negotiations over Tehran's nuclear programme fail to produce an agreement.

According to CNN and CBS, the US military is ready to launch strikes against Iran as early as this weekend, but Trump has not yet made a final decision. Russia and Iran, too, have conducted naval exercises in the Sea of Oman to deter any "unilateral action" in the region.

Gold, silver rates today

Following the escalation in US-Iran tensions, gold and silver opened today with an upside gap. The COMEX gold rate today opened higher and touched an intraday high of $5,033.39/oz, logging an intraday gain of nearly 0.50%. Likewise, the COMEX silver rate today opened with an upside gap and touched today's high of $78.655/oz, recording an intraday high of around 0.75% within a few minutes of the Opening Bell.

Speaking on the outlook of the silver, gold rates today, Anuj Gupta, a SEBI-registered market expert, said, "Gold and silver rates are rising due to the escalation in the US-Iran tension. This has increased demand for gold and silver as safe-haven assets."

Anuj Gupta said that the gold rate today is in $4,850 to $5,200 per ounce range, whereas the silver rate today is in $70 to $85 per ounce range. He said that the gold rate today in India is in the ₹1,50,000 per 10 gm to ₹1,58,000 per 10 gm range, while the silver rate today in India is in the ₹2,30,000 per kg to ₹2,55,000 per kg range.

FII-DII data

Both FIIs and DIIs ended the day as net sellers. The FIIs sold out Indian shares worth ₹881 crore, whereas the DIIs sold out shares worth ₹596 crore.

USD vs INR

The Indian Rupee is expected to trade in a range of 89 to 90 against the US dollar by the end of fiscal year 2027, supported by a softer dollar and a manageable current account deficit (CAD), according to a report by CareEdge Ratings.

The report highlighted that the USD/INR strengthened from recent lows of around 92 to approximately 90.6 following the trade deal with the United States and the Free Trade Agreement (FTA) with the European Union.

Market Setup:

Speaking on the outlook of the Nifty 50 today, Nilesh Jain, VP- Head of Technical and Derivative research at Centrum Finverse, said, "The Nifty 50 index has slipped below its key short-term moving averages and formed a bearish engulfing candlestick, indicating a potential bearish reversal. Immediate resistance is at the 100-DMA near 25,700. On the downside, the crucial support of the 200-DMA is positioned at 25,310, and a decisive break below this could open further downside towards 25,100 levels."

On the outlook of the Bank Nifty today, Rupak De, Senior Technical Analyst at LKP Securities, said, "The Bank Nifty has formed a bearish engulfing pattern on the daily chart, suggesting a potential reversal or at least a pause following the recent rise. The bullish trend appears to be waning after a large red candle formed on the daily chart. The RSI has entered a bearish crossover and is trending lower, indicating weakening momentum. Overall, the sentiment looks weak. On the lower end, support is seen at 60,500/60000, while on the higher end, resistance is placed at 61,200."

Stocks to buy today

Regarding stocks to buy today, stock market experts - Sumeet Bagadia, Executive Director at Choice Broking; Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi; and Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, recommended these seven intraday stocks for today: UPL, Biocon, HDFC Life, Fortis Healthcare, Tata Technologies, Samman Capital, and MM Forging.

Sumeet Bagadia's stock recommendations for today

1] UPL: Buy at ₹765, Target ₹820, Stop Loss ₹738; and

2] Biocon: Buy at ₹383, Target ₹410, Stop Loss ₹370.

Ganesh Dongre's buy or sell stocks

3] HDFC Life: Buy at ₹732, Target ₹758, Stop Loss ₹715;

4] Fortis Healthcare: Buy at ₹906, Target ₹940, Stop Loss ₹890; and

5] Tata Technologies: Buy at ₹602, Target ₹635, Stop Loss ₹590.

Shiju Koothupalakkal's intraday stocks for today

6] Samman Capital: Buy at ₹151.35, Target ₹161, Stop Loss ₹147; and

7] MM Forging: Buy at ₹488.50, Target ₹520, Stop Loss ₹478.

Disclaimer: This story is for educational purposes only. We advise investors to check with certified experts before making any investment decisions.