The Nifty Financial Services index was at 28,468.60, up 258.00 points or 0.91% as of 12:07 pm on February 23, 2026. The advance was supported by gains in Kotak Bank, HDFC Life, Axis Bank, SBI Life and ICICI Prudential Life.
Select names eased, including REC, BSE, LIC Housing Finance, Jio Financial Services and Bajaj Finserv. Turnover was active across index heavyweights and life insurers, with notable traded value in Axis Bank and BSE.
As of 12:07 pm, the Nifty Financial Services index traded at 28,468.60, higher by 258.00 points. The move represented a 0.91% advance compared to the previous close.
Market breadth within the pack skewed positive, with multiple large-cap constituents in the green. The snapshot reflects intraday conditions and may change as trading progresses through the session.
| Company | LTP (₹) | Change (Points) | Change (%) | Volume (Lakh Shares) | Traded Value (₹ Crore) |
| Kotak Bank | 431.30 | +9.95 | +2.36% | 64.51 | 276.19 |
| HDFC Life | 744.60 | +15.95 | +2.19% | 12.60 | 93.54 |
| Axis Bank | 1,388.40 | +20.10 | +1.47% | 43.21 | 601.58 |
| SBI Life | 2,110.60 | +30.60 | +1.47% | 6.22 | 131.46 |
| ICICI Prudential Life | 660.75 | +9.45 | +1.45% | 5.15 | 34.06 |
| Company | LTP (₹) | Change (Points) | Change (%) | Volume (Lakh Shares) | Traded Value (₹ Crore) |
| REC | 352.65 | -1.55 | -0.44% | 21.68 | 76.68 |
| BSE | 2,729.60 | -9.90 | -0.36% | 21.94 | 601.81 |
| LIC Housing Finance | 523.30 | -1.25 | -0.24% | 4.31 | 22.67 |
| Jio Financial Services | 258.35 | -0.25 | -0.10% | 56.44 | 145.78 |
| Bajaj Finserv | 2,057.90 | -0.60 | -0.03% | 5.17 | 106.39 |
Traded value was concentrated in Axis Bank at ₹601.58 crore and BSE at ₹601.81 crore, indicating strong participation in these counters. Kotak Bank also saw active turnover at ₹276.19 crore, supported by 64.51 lakh shares in volume.
HDFC Life and SBI Life recorded traded values of ₹93.54 crore and ₹131.46 crore, respectively, reflecting interest in insurance names. Jio Financial Services registered high volumes at 56.44 lakh shares, alongside a traded value of ₹145.78 crore.
Read More: Nifty Smallcap Gains 0.25% in Early Trade.
By 12:07 pm on February 23, 2026, the Nifty Financial Services index was higher by 0.91% at 28,468.60. Gains in leading banks and life insurers supported the index’s advance.
Selling pressure was limited to a handful of names, with declines remaining shallow during the period observed. Trading activity was robust across several large constituents, with elevated turnover in Axis Bank and BSE.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 23, 2026, 12:09 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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