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The Indian stock market closed with strong gains on Monday, February 23. The BSE Sensex rose 480 points, or 0.58%, to settle at 83,294.66. The Nifty 50 gained 142 points, or 0.55%, to end at 25,713.
Mid- and small-cap stocks showed mixed performance. The BSE 150 MidCap Index slipped 0.21%, while the BSE 250 SmallCap Index rose 0.51%.
The total market capitalisation of BSE-listed companies increased by about ₹2 lakh crore to ₹469 lakh crore in a single session.
The rally came after the US Supreme Court struck down tariffs imposed earlier by US President Donald Trump. Investors welcomed the move, expecting better global trade conditions.
Buying interest was seen mainly in banking, power, pharma and FMCG stocks. However, IT stocks remained under pressure due to concerns about AI-related disruptions.
Out of 50 stocks, 35 ended in the green. The top gainers were:
The major losers in the index were:
Most sectoral indices ended higher. The Nifty PSU Bank rose 1.36%, Financial Services gained 0.87%, Auto climbed 0.83%, and FMCG added 0.70%.
The Nifty Bank increased 0.15%. On the other hand, the Nifty IT fell 1.42%, while the Metal and Realty indices also ended lower.
The most traded stocks on the NSE were:
Market breadth was slightly negative. Around 1,900 stocks advanced, while nearly 2,400 stocks declined on the BSE.
Seven stocks, including Morepen Laboratories, rose over 15% on the BSE. Meanwhile, IDFC First Bank and a few others fell more than 15%.
About 124 stocks hit their 52-week highs, including State Bank of India, Larsen & Toubro and NTPC.
Read More: India’s Forex Reserves Rise by $8.66 Billion to Reach Record $725.7 Billion.
Around 238 stocks touched 52-week lows, including Wipro, Suzlon Energy, Info Edge (India), Mankind Pharma and L&T Technology Services.
The Indian stock market ended higher, supported by positive global cues and strong buying in banks, PSU and FMCG stocks. However, weakness in IT shares and mixed broader market performance suggest that investors remain cautious.
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 or 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 related documents carefully before investing.
Published on: Feb 23, 2026, 4:36 PM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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