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On February 19, 2026, India’s Nifty 50 index extended losses in mid-morning trade, slipping 0.52% to around 25,719 by 10:40 AM IST. Despite a strong opening above 25,850, profit booking in financials and FMCG dragged benchmarks lower. Broader markets weakened, with most sectoral indices in the red.
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Key Highlights
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Opening Gains: At 9:28 AM IST, Nifty opened at 25,873.35, gaining 54 points, while Sensex surged over 235 points to 83,969.82, supported by IT and metal stocks.
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Mid-Morning Decline: By 10:40 AM IST, Nifty slipped to 25,719, down 0.52%, while Sensex fell 367 points to 83,366, erasing early gains.
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Sectoral Trends: IT, pharma, and healthcare stocks showed resilience, but financials, FMCG, and auto counters dragged indices lower. Most sectoral indices turned red.
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Market Breadth: Early trade saw positive breadth with over 1,600 stocks advancing, but momentum weakened as midcaps fell 0.25% and smallcaps turned flat.
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Investor Sentiment: The decline comes after three consecutive sessions of gains, reflecting cautious optimism. Analysts note that institutional flows and PSU/metal stocks remain key drivers, but profit booking is capping upside momentum.
Contextual Insights
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The Nifty’s movement highlights typical mid-week volatility, with traders booking profits after strong rallies.
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Global cues remain supportive, but domestic sectoral pressures could limit near-term upside.
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Analysts suggest monitoring PSU and metal stocks, which continue to attract investor interest despite broader weakness.
Sources: Goodreturns, The Hindu BusinessLine, India TV News, Hindustan Times Business
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