India’s Nifty 50 index (.NSEI) erases early losses and is now trading 0.03% higher on February 17, 2026. Gains in IT and FMCG stocks are offsetting weakness in financials and autos. Investor sentiment stays cautious as traders monitor global cues, macroeconomic data, and foreign institutional flows for near-term direction.
The Nifty 50 index is trading slightly positive, up 0.03%, after a volatile start to Tuesday’s session. The rebound is led by IT and FMCG stocks, which continue to attract buyers, while financials and auto shares remain under pressure.
At 09:15 AM IST, the market opens lower, dragged by metals and autos. By 10:19 AM IST, Nifty erases losses and turns flat to positive, with the Sensex climbing over 100 points. The Nifty IT index rises nearly 2%, making it the best-performing sector of the morning.
Analysts say the market is in a post-earnings consolidation phase, with investors balancing domestic corporate results against global uncertainties. Foreign institutional investors (FIIs) remain cautious, tracking U.S. interest rate signals and commodity price trends.
Key Highlights:
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Index Performance: Nifty 50 up 0.03% after erasing losses.
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Sectoral Leaders: IT and FMCG stocks drive gains.
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Sectoral Laggards: Financials and autos weigh on sentiment.
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Market Context: Post-earnings consolidation continues.
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Investor Outlook: Focus remains on global cues and macroeconomic data.
The modest uptick shows resilience in select sectors, even as broader markets remain sensitive to external factors.
Sources: NSE India, The Hindu BusinessLine, Economic Times Market Live