26/02/26, Nvidia is propelling the U.S. stock market upward on Wednesday, as investors anticipate the company's forthcoming profit report scheduled for release after trading hours.

The S&P 500 increased by 0.7%, recovering losses incurred earlier in the week amidst market volatility as investors assessed potential winners and losers in the artificial intelligence sector.

Market Performance Overview

The Dow Jones Industrial Average rose by 313 points, or 0.6%, by 12:45 p.m. Eastern time, while the Nasdaq composite surged by 1.1%.

Nvidia emerged as the leading contributor to this market surge, climbing 2.3%. Analysts project that Nvidia will report a staggering 70% increase in profits year-over-year, reaching approximately $37.52 billion, equating to over $400 million in daily earnings during the quarter ending January 25.

Nvidia's Role in the Market

Nvidia's profit reports have become a significant indicator for market trends, reflecting its status as Wall Street's largest stock and the growing influence of artificial intelligence on market dynamics.

In recent years, the excitement surrounding AI has driven stock prices to unprecedented levels, fueled by expectations that AI will transform the economy and enhance productivity.

Concerns Over AI Investment Returns

However, rising concerns have emerged regarding whether major companies, such as Alphabet and Amazon, are investing excessively in Nvidia chips and other technologies, potentially hindering their ability to achieve sufficient returns on these investments.

If these companies scale back their spending, it could adversely affect Nvidia's performance.

Investor Sentiment and Market Trends

Investors are increasingly scrutinizing companies that may face competition from AI-driven alternatives, leading to abrupt sell-offs in stocks viewed as vulnerable. This trend has affected diverse sectors, including software, logistics, and legal services.

These dynamics compound existing concerns, such as the new tariffs announced by President Donald Trump, which replace tariffs previously invalidated by the Supreme Court.

Expert Insights

Darrell Cronk, chief investment officer for Wealth & Investment Management at Wells Fargo, stated, "While those concerns are real, we believe investors would be wise to balance them out with offsetting trends that may be underappreciated in the current wall of worry headline cycle."

He noted the robust profit growth reported by U.S. companies at the end of 2025, which has provided support to segments of the U.S. stock market that have been overshadowed by the AI hype and large technology firms, including smaller company stocks.

Notable Stock Movements

Cava Group, a fast-casual Mediterranean restaurant chain, experienced a 24.6% surge after exceeding profit and revenue expectations for the latest quarter, marking its first fiscal year with revenue surpassing $1 billion, a 22.5% increase from the previous year.

Axon Enterprise saw a 17.1% increase following its report of higher-than-expected profit and revenue.

In contrast, First Solar faced a 12% decline after reporting weaker profits than anticipated, while Lowe's fell by 5.5%, becoming a significant drag on the market despite reporting better-than-expected profits, as investors reacted negatively to its profit forecast for 2026.

CEO Marvin Ellison indicated that the overall housing market remains under pressure, impacting rival Home Depot and homebuilders as well.

Global Market Trends

Internationally, stock indexes showed gains across much of Europe and Asia, with Japan's Nikkei 225 increasing by 2.2% and South Korea's Kospi rising by 1.9%.

In the bond market, the yield on the 10-year Treasury bond fell slightly to 4.03% from 4.04% late Tuesday.

26/02/26, US announced a preliminary countervailing duty of 125.87% on imports of certain Indian solar goods

Domestic solar companies Waaree Energies, Vikram Solar, and Premier Energies witnessed a steep fall in their share prices on Wednesday, February 25, after the US announced a preliminary countervailing duty of 125.87% on imports of certain Indian solar goods, alleging that these products are unfairly subsidised.

The new levy will add to the 10% overall tariffs announced by the Donald Trump administration on all countries from February 24.

At the close, Waaree Energies' share price stood at ₹2,705 on the NSE, down 10.53%. Premier Energies ended nearly 6% lower at ₹731.50, while Vikram Solar ended 5.66% lower at ₹174.90. Besides, Emmvee Photovoltaic Power shares ended at ₹207.50 apiece on the NSE, down 2.7%.

126% duty: What will be the impact?

Companies such as Vikram Solar, Waaree Energies, and Premier Energies said the US decision to impose countervailing duties on certain solar goods from India will have a limited impact on them.

What Vikram Solar said

Commenting on the move, Vikram Solar CMD Gyanesh Chaudhary said, "Our US order strategy was not structured around sourcing Indian cells; we already operate with a diversified supply chain for that market, including sourcing from geographies with lower tariff exposure. As a result, the direct financial impact on us is limited."

Besides, with the Cabinet's decision to ease evacuation infrastructure, the company expects domestic installation momentum to accelerate further, he noted.

Waaree Energies' statement

"At this stage, the company does not anticipate any material adverse impact on its ability to service its US order book," said Abhishek Pareek, Group Head, Finance, Waaree Energies.

The company said in the first nine months of FY26, it has continued to ramp up its shipments to the US even though the steep 50% duty was in force.

Premier Energies' statement

Vinay Rustagi, Chief Business Officer, Premier Energies, said, "Premier Energies has already reduced its share of exports in our business to almost nil, and there is no impact of any US duties on our business."

He said that exports to the US fell more than 50% in 2025 and are currently estimated at only about 5-7% of total production.

The imposition of countervailing duty has, therefore, no material impact on us, the CFO added.

What other companies said

Emmvee Photovoltaic Power Ltd also said in a statement that there is no impact on its business operations due to the latest duty, as the company's integrated solar cell and module manufacturing is primarily aligned with the domestic demand.

With a strong focus on the Indian market and domestic consumption of its cell output, the company remains insulated from external trade developments, it explained.

Tarun Padhi, Senior VP-Operations, Datta Power Infra Private Limited, said the additional levy on Indian solar imports may slow exports and push excess production into the domestic market, increasing price competition.

"However, the impact could vary from manufacturer to manufacturer, as many domestic manufacturers are importing cells from low-duty countries and assembling panels in India for export," he said.

What rating agencies said

ICRA

According to rating agency ICRA, the countervailing duty and the growing regulatory uncertainty in the USA are likely to dampen export volumes from India and hit Indian manufacturers' profitability.

"…countervailing duties and the growing regulatory uncertainty in the USA are likely to dampen export volumes from India, which were around 3 GW for the last calendar year, potentially exerting pricing pressures on domestic OEMs and thus can impact the profitability of the solar module manufacturers," said Ankit Jain, Vice President & Co Group Head - Corporate Ratings, ICRA Ltd.

Jain pointed out that the Indian market is already oversupplied with solar module manufacturing capacity at more than 140 GW as of the date, which is expected to increase to over 165 GW by March 2027.

Crisil

Sehul Bhatt, Director, Crisil Intelligence, said the latest move by the US Commerce Department will have a negative impact on export-focused manufacturers.

India exported cells and modules worth around ₹340 billion to the US between April 2023 and November 2025. This was supported by the lower cost of Indian modules compared with those made in the US, both using imported cells - an advantage that the duties will erode.

According to Bhatt, three factors are at play here. First, the US accounts for more than 95% of India's solar cell and module exports, as seen over the past three quarters.

Second, modules imported from India will now become expensive by at least 30% compared to those made in the US, making Indian products unviable.

Third, the announcement comes at a time when Indian players have planned healthy capacity expansion over the next three years. Given the tariff uncertainty over the past year or so, a few Indian companies have strategised expansion outside India, which cushions them from this increased duty.

"Overall, we believe the duties will create volatile trade patterns for exports from India till final determinations of the rates, scheduled in July 2026, forcing the companies to navigate limited market opportunities amid supply addition," Bhatt said

Report by Upstox

 source: Dailyhunt

25/02/26, PostMarket REPORT

 Benchmark indices Sensex and Nifty significantly fell from day's highs on February 25 amid massive profit booking and closed marginally higher.

Sensex closed 50.15 points or 0.06% higher at 82,276.07, and the Nifty climbed 57.85 points or 0.23% at 25,482.50. About 1,966 shares advanced, 2,064 shares declined, and 161 shares were unchanged. Sensex fell nearly 700 points from day's high while Nifty ended below the psychologically important 25,500-mark. Sensex touched intraday high of 82,957.91 while that of Nifty was 25,652.6.

Bajaj Auto rose nearly 3% and was the top gainer in the 50-stock index. Shares of Tata Steel, HCL Technologies, and Shriram Finance rose over 2% each and were the other top gainers. Information technology shares stayed higher. Tata Consultancy Services, Infosys, Wipro, and Tech Mahindra were around 1% higher each. Shares of automobile companies Mahindra & Mahindra, Maruti Suzuki India, Tata Motors Passenger Vehicles, and Eicher Motors rose around 1-2%.

In contrast, ITC, Kotak Mahindra Bank, and Tata Consumer Products were the worst hit stocks. They were down over 1% each. Shares of Bajaj Finance, Bharti Airtel, UltraTech Cement, and Oil and Natural Gas Corp. declined. These select stocks were down around 1% each.

Mahindra & Mahindra Financial Services was the top performing stock in the Nifty 200 index. It was up nearly 5%. Shares of Hero MotoCorp, National Aluminium Corp., and Vedanta rose over 4% to be among the top gainers in the index. In the Nifty 500 index, Concord Biotech rose 13% to be the top gaining stock.

Waaree Energies, Premier Energies, and Indian Railway Finance continued to be the worst hit stocks in both the Nifty 200 and Nifty 500 indices. These stocks were down 4-11%.

Three reasons behind market decline:

1. Profit booking

Profit booking was seen in the markets after they rallied nearly 0.9% in morning trade on February 25.

"Amid ongoing global uncertainty and heightened volatility, traders are advised to maintain a disciplined and selective approach, focusing on fundamentally strong stocks during corrective phases. Fresh long positions should preferably be initiated only after a decisive and sustained breakout above 25,800 on the Nifty, which would indicate improved market sentiment and confirm the emergence of a stronger bullish structure," said Hitesh Tailor, Research Analyst, Choice Equity Broking Private Limited.

Bank Nifty fell 0.7% from day's high while Nifty IT fell 1% from intraday high of over 2%.

2. FII selling resumes

FII selling resumed on February 24 with institutional activity on February 24 showing Foreign Institutional Investors (FIIs) as net sellers, with equity outflows of Rs 102 crore, whereas Domestic Institutional Investors (DIIs) provided strong market support through net purchases of ₹3,161 crore.

3. Technical level

Nifty failing to rise above 25,670 could be a reason for sell on rise being seen in markets.

"We will look for consistent trades above 25.670 to confirm strength, aiming 25.900 initially. But, inability to float above 25530 could signal lack of upside momentum," said Anand James, Chief Market Strategist, Geojit Investments Limited.

"We are of the view that the intraday market texture is weak, but a fresh selloff is possible only after the market breaches the 200-day Simple Moving Average (SMA) or 25,300/82,000. If the market manages to trade above this level, it could bounce back to 25,500-25,650/82,500-82,800. Conversely, if it falls below 25,300/82,000, it could slip to 25,150-25,050/81,400-81,200. The current market texture is volatile; hence, level-based trading would be the ideal strategy for day traders," said Shrikant Chouhan, Head Equity Research, Kotak Securities.

Report by J. Jagannath of Network18 

25/02/26 , Market Setup

 Indian equity markets are expected to remain volatile on Wednesday, February 25, after benchmark indices snapped their two-session winning streak on monthly derivatives expiry, weighed down by sharp losses in IT stocks and cautious global cues.

Stock Market Outlook Today, 25 February 2026: Sensex, Nifty Prediction Today

On February 24, coinciding with the monthly Nifty F&O expiry, markets ended sharply lower amid concerns over AI-led disruption in the IT sector. Heavy selling pressure dragged the Nifty below the 25,450 mark during the session, after it opened weak below 25,650 and slipped further to an intraday low near 25,350.

By the close, the Sensex plunged 1,068.74 points (1.28%) to 82,225.92, while the Nifty fell 288.35 points (1.12%) to settle at 25,424.65. Broader markets also remained under pressure, with the Nifty Midcap index easing 0.3 percent and the Smallcap index declining 0.55 percent, reflecting cautious sentiment beyond frontline stocks.

Sectorally, IT stocks were the worst hit, tumbling more than 4 percent as investors reassessed long-term growth prospects amid rapid AI adoption. Realty stocks also declined over 2 percent. In contrast, metals, pharma, PSU banks, oil & gas and energy stocks outperformed the broader market, posting modest gains of 0.3 to 1 percent and offering some downside support.

Eurozone CPI in Focus Today: Key Factor To Watch

"Looking ahead, markets are expected to remain volatile within a broader range, driven by mixed global and domestic cues," Siddhartha Khemka, Head of Research, Wealth Management at Motilal Oswal Financial Services Ltd. noted, adding that investors will closely track Eurozone CPI today after US consumer confidence data for further direction.

Nifty Prediction Today, 25 February 2026

From a technical perspective, analysts at Bajaj Broking highlighted that the Nifty's recent decline has weakened near-term momentum. "The index formed a bearish candle with a lower high and lower low as it gave up its last two sessions' gains, signaling selling pressure on the monthly expiry session," they said.

According to Bajaj Broking, the Nifty has been consolidating in a 25,350-25,900 range over the past eight sessions, and a decisive breakout or breakdown from this zone will determine the next directional trend. A breach below 25,327 could open further downside towards the 200-day EMA and the gap area around 25,100-25,200, while immediate resistance remains near 25,642. Failure to move above this level may keep the short-term bias corrective.

Bank Nifty Outlook For February 25, 2026

Meanwhile, the outlook for Bank Nifty remains relatively constructive despite near-term consolidation. "Bank Nifty formed a small bearish candle with a small real body and a long lower shadow, signaling consolidation amid stock-specific action," Bajaj Broking said, noting continued outperformance in PSU banking stocks.

Analysts believe the bias for Bank Nifty remains positive, with dips likely to attract buying interest. Key short-term support is seen in the 60,500-60,200 zone, while the index is expected to trade within a 60,000-61,750 range in the near term. A decisive move beyond this band could trigger fresh directional momentum, though volatility is expected to stay elevated amid uncertain global cues.

Overall, experts suggest that while broader market sentiment remains cautious, selective buying, sector rotation and global data cues will play a crucial role in shaping Sensex and Nifty movements on Wednesday, February 25.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.

Report by Harshika Yadav of  goodreturns.in

24/02/26, Crude Oil price below zero! !

 Crude oil traded below 0 in April 2020. Yes, you read that right. Let's see what actually happened. On April 20, 2020, WTI Crude Oil traded at -$37 per barrel.

This sent shockwaves around the world, as it was the first time in history that crude oil futures traded at negative prices. It may sound very improbable, but a future can trade negatively, and it actually happened.

This was an extremely important lesson on how futures work, their pricing and the impact of a global crisis (Covid-19).

The Key Background Factors

The pricing of crude oil below 0 had some important reasons. Let us first understand those reasons that led to this storm:

COVID-19 Demand Collapse

As we all know, there was a complete slowdown and global lockdown during COVID-19. Many industries were hit very hard. Some of the major impact was on aviation fuel consumption, which was at an all-time low. There was absolutely no transportation, and the industries were closed, which led to no manufacturing. Essentially, the major industries that use crude oil fell dramatically to a halt.

Supply Overshoot

The supply was going on as usual. In fact, most major oil producers, such as OPEC, Russia, and the US, were still pumping out huge volumes of oil. There were some talks within OPEC, but they broke down, leading to increased supply from Saudi Arabia and Russia. This worsened the imbalance.

Storage Capacity Problem

Commodities, unlike equities, require a medium for transportation and storage. The complete lifecycle of crude oil includes physical storage and delivery using tank farms, pipelines and specialised storage facilities.

By April 2020, almost all of the US storage was nearly full. The WTI delivery hub in Cushing, Oklahoma, was also reaching its capacity. This meant that the oil being pumped had nowhere to be stored. This again worsened the situation.

Understanding the Futures Market Mechanism

Futures and equity work very differently. While a small percentage of traders just trade commodity futures. A large chunk of them actually take physical delivery of WTI futures. This means that if you hold a futures contract to expiration, you are obligated to take delivery of physical oil.

While most financial traders who just want to be speculators close their positions before expiry. But in April 2020, this was not the case.

Many traders holding May 2020 WTI contracts did not close their positions early enough. As the expiry approached, no one wanted to take the physical delivery of crude oil. The reason was that the storage was either unavailable or extremely costly. Most of the pipelines and tanks were full. This left traders stuck with a contract they could not accept.

Why Prices Went Negative

As the expiry was coming close, everyone wanted to exit the trade. There was a lot of supply of futures and absolutely no buyer of crude oil. In fact, many traders were willing to pay others to take the contract off their hands. Because if they held on to the crude oil, they would not be able to find physical storage, leading to even bigger losses. Essentially, crude oil became worthless. The cost of forced delivery was driving the prices below zero.

Was Crude Oil 'Actually Worthless'?

There is an important distinction to be made here. Was petrol or diesel trading at zero? The answer is no. Crude oil was actually not worthless. In fact, a lot of physical crude was still being bought and sold above zero in many parts of the world.

The negative price was of the WTI May futures because the expiry was approaching. The negative price reflected how futures-market deliveries occur. This exemplified the importance of short-term storage crises and how forced liquidation dynamics play out.

This had nothing to do with the fundamental long-term value of oil.

Conclusion

Contrary to popular belief, the fact that crude oil went below zero does not mean it had no value. It was just a result of a sudden reduction inglobal demand and increased supply by a major producer. It was a direct consequence of storage constraints and forced liquidation pressure. It was one of the rarest events in financial history, showcasing how logistics, futures structure, and panic can produce outcomes that seem impossible in normal conditions.

Report by GROWW,  source:Dailyhunt

24/02/26, PostMarket REPORT

The stock market on Tuesday ended in the red, with the Sensex and Nifty declining up to 1.28 per cent, dragged lower by a sharp sell-off in IT shares.

At the close, the Sensex settled 1,068.74 points, or 1.28 per cent, lower at 82,225.92, while the broader Nifty ended at 25,424.65, down 288.35 points, or 1.12 per cent. The Sensex had opened at 83,052.54, down 242.12 points, or 0.29 per cent.

Among sectors, IT plunged over 4 per cent, while Nifty Realty declined more than 2 per cent, leading the losses. On the gaining side were PSU Bank, pharma, metal, and oil & gas stocks, which rose in the range of 0.3 to 1 per cent.

👉On the Nifty, the key gainers were HUL, Hindalco Industries, Coal India, NTPC, and JSW Steel. The biggest losers included Tech Mahindra, Eternal, Infosys, TCS, and HCL Technologies.👈

About 1,382 shares advanced, 2,670 declined, and 129 remained unchanged.

On the BSE, around 90 stocks touched their 52-week highs, while nearly 350 stocks hit their 52-week lows.

Stocks touching highs included Bank of Maharashtra, NTPC, Polycab India, Astral, Bharat Forge, Torrent Pharma, Union Bank of India, Jindal Steel, JB Chemicals, Marico, Bank of India, Cummins, Indian Bank, Federal Bank, SBI, and L&T, among others.

Key stocks at their lows included LT Technology, KPIT Technologies, Hexaware Technologies, Zensar Technologies, Tata Technologies, Info Edge, Tata Elxsi, Sonata Software, Infosys, TCS, CE Info Systems, Cyient, Network18, Wipro, Vedant Fashions, SRF, and Just Dial, among others.

Notably, the share price of Bharti Airtel fell 2 per cent following reports of a ₹20,000 crore investment in Airtel Money.

The Indian rupee traded in a narrow range and settled 6 paise lower at 90.95 against the US dollar.

Report by The States Man

source:Dailyhunt

24/02/26, Stock market today: Following positive global cues after the US Supreme Court's decision on Trump's tariffs, the Indian stock market extended its momentum on Monday.

 The Nifty 50 index rose 141 points to close at 25,713; the BSE Sensex surged 479 points to 83,294, while the Bank Nifty index finished 92 points higher at 61,264.

Among sectors, the PSU Bank index outperformed, rallying 1.35%, whereas the IT index lost the most, shedding over 1.5%.

Gold, silver rates today: Shanghai silver price trades at a strong premium

The COMEX gold and silver rates today erased their early morning gains after the opening of the Shanghai Exchange after a gap of nearly one week. After rising over one per cent in the early morning session of the Asian trades, the COMEX gold rate is over 0.50% lower and the yellow metal is currently trading below $5,200/oz. Likewise, the COMEX silver rate today retraced from the intraday high and is currently trading close to its previous day's close.

However, the Shanghai silver price is trading at a strong premium of over $7 per ounce. By 7:45 AM, the Shanghai silver price is trading at $94.55 per ounce, whereas the COMEX silver rate is nearly $87/oz.

Stock market today

On how the Indian stock market may open today, Hariprasad K, a SEBI-registered Research Analyst and Founder of Livelong Wealth, said that early indicators point to a cautious start for Indian equities. GIFT Nifty today signals a potential gap-down opening, tracking overnight weakness in US markets, where the Dow Jones declined 1.6%, dampening near-term risk sentiment.

"Investor sentiment turned risk-averse amid persistent concerns over AI-driven disruption across industries and renewed tariff tensions after President Donald Trump warned of imposing "much higher" tariffs on countries that 'play games'," Hariprasad said.

The SEBI-registered analyst said that IDFC First Bank may continue to witness heightened scrutiny following the disclosure of the fraud case. Investors are expected to evaluate the magnitude of the exposure, potential provisioning requirements, and whether the episode could have any broader impact on asset quality or investor confidence.

Outlook for the Nifty 50, Sensex today

On the outlook of the Nifty 50/ Sensex today, Shrikant Chouhan, Head of Equity Research at Kotak Securities, said, "We believe that the 20-day SMA or 25,600/83,000 will act as an immediate reference point for day traders. As long as the market is trading above this level, the bullish momentum is likely to continue. On the higher side, 25,800/83,600 would be the key resistance area for the bulls. A successful breakout of 25,800/83,600 could push the market up to 25,950-26,000/84,000-84,200."

On the flip side, below 25,600/83,000, sentiment could change. If the market falls below this level, it is likely to retest the 25,500-25,450/82,700-82,500 levels.

Outlook for the Bank Nifty today

On the outlook of the Bank Nifty today, Ponmudi R, CEO at Enrich Money, said the Bank Nifty continues to trade firmly above its 20-, 50-, 100-, and 200-day EMAs, highlighting sustained institutional participation across both private and PSU banking names.

"Immediate support is positioned in the 60,900-60,600 zone, which remains a crucial demand area. On the upside, resistance is seen at 61,500-61,700, and a decisive breakout above this range could propel the index toward 61,800-62,000, potentially registering fresh highs," Ponmudi added.

The Enrich Money expert said that the overall structure remains constructive, with RSI near 60, indicating strong yet healthy momentum without entering overbought territory. As long as 60,600 is defended, the broader bias stays positive, with banking stocks likely to maintain relative outperformance amid expiry-driven volatility.

FII-DII data

On the institutional front, DIIs were net sellers at ₹1,417.12 crore, while FIIs were net buyers to the tune of ₹3,550.66 crore in the cash market. In derivatives, FIIs remain net bearish in index options and net bullish in index futures, suggesting a broadly neutral stance.

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 buying these seven buy-or-sell stocks: Bharat Forge, Torrent Pharma, M&M, Vedanta, PNB, Ather Energy, and Paytm.

Sumeet Bagadia's stock recommendations today

1] Bharat Forge: Buy at ₹1832, Target ₹1962, Stop Loss ₹1767;

2] Torrent Pharma: Buy at ₹4307, Target ₹4610, Stop Loss ₹4155.

Ganesh Dongre's buy or sell stocks

3] M&M: Buy at ₹3440, Target ₹3700, Stop Loss ₹3350;

4] Vedanta: Buy at ₹680, Target ₹715, Stop Loss ₹660; and

5] PNB: Buy at ₹130, Target ₹138, Stop Loss ₹124.

Shiju Koothupalakkal's intraday stocks for today

6] Ather Energy: Buy at ₹718, Target ₹755, Stop Loss ₹700; and

7] Paytm: Buy at ₹1173, Target ₹1230, Stop Loss ₹1150.

Report by Mint. Source: Dailyhunt

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not of us. We advise investors to check with certified experts before making any investment decisions.

24/02/26, Broad Index

 

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.