Sensex rises 650 pts, Nifty tops 25,680 as HDFC Bank, Reliance, Coal India lead surge

Equity benchmarks rebounded on Monday, snapping a two-session losing streak, as investors weighed mixed global cues alongside developments related to the India–US trade deal and the wrap-up of the Q3 earnings season. Additional support came from stability in the rupee and range-bound crude oil prices ahead of anticipated US–Iran talks.

Market sentiment was further aided by manageable January inflation data and constructive global signals on long-term AI investments following a major funding announcement by Anthropic, said Abhinav Tiwari, Research Analyst at Bonanza.

Meanwhile, Vinod Nair, Head of Research at Geojit Investments, noted that a sustained decline in the US 10-year Treasury yield after benign inflation readings has bolstered expectations of a US Federal Reserve rate cut later this year, with investors now focused on the upcoming Fed minutes for clearer direction.

Sensex ended 650.39 points or 0.79 per cent higher at 83,277.15, and Nifty 50 zoomed 211.65 points or 0.83 per cent to 25,682.75. The broader markets also closed in the green, with Nifty Midcap 100 and Nifty Smallcap 100 indices registering gains.

NSE cash volumes dropped sharply 28 per cent from the prior session, Nandish Shah - Deputy Vice President, HDFC Securities, stated.

According to Nair, the rebound was supported by renewed buying interest in banking and power stocks. “The power sector gained on expectations of sustained demand momentum, while improved loan growth and stable asset quality bolstered confidence in banks.”

Realty, banking and pharma shares led the gains, rising about 1–1.5 per cent, while media, auto and chemical stocks ended the session in the red. The IT index, which fell more than 8 per cent last week amid concerns over AI, recorded marginal gains.

The banking gauge provided substantial support to the Nifty’s rally, underscoring strong buying interest across major financial heavyweights, Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities, said.

Top gainers & losers of Nifty 50

Among the Nifty 50 constituents, Power Grid, Coal India, HDFC Bank, Adani Enterprises, Max Health, Axis Bank and Reliance Industries led the gainers, while Kwality Wall’s, Tech Mahindra, Bajaj Finance, Maruti Suzuki and Tata Motors Passenger Vehicles depreciated the most.

In addition, brokerage stocks such as Angel One, Groww, Nuvama and Motilal, and exchange operator BSE Ltd reacted negatively as the RBI tightened capital market lending norms.

A total of 4,496 stocks were traded on the BSE, with market breadth remaining slightly negative as declines outpaced advances. About 1,793 stocks advanced, while 2,510 declined and 193 remained unchanged.

The number of stocks hitting 52-week lows (211 scrips) exceeded those touching 52-week highs (106 scrips), reflecting underlying weakness despite selective buying. Meanwhile, 9 stocks were locked in the upper circuit, compared with 7 in the lower circuit.

Midcap & smallcap movers

Under the midcap segment, GMR Airport, Auribindo Pharma, LTF, Dixon Tech and Supreme Industries soared 3-7 per cent, while BSE tanked over 7 per cent. IRB, Gofrey Phillips, Muthoot Finance and Tata Communications declined 2-3 per cent.

Natco Pharma, BLS, Signature Global and Kfin Tech gained 4-7 per cent, while First Cry, Ola Electric, Inox Wind, Angel One and Aegis Vopak fell 4-11 per cent.

On Friday, Sensex tumbled 1,048.16 points to close at 82,626.76, while the Nifty 50 plunged 336.10 points to settle at 25,471.10. FIIs sold equities worth ₹7,395.41 crore, while DIIs purchased stocks worth ₹5,553.96 crore, exchange data show.

Published on February 16, 2026