Rupee Ends Higher, Nifty 50 Gains On Market Optimism

India’s financial markets witnessed a positive close on February 23, 2026, with both currency and equities showing strength. The rupee appreciated marginally against the US dollar, while the Nifty 50 index recorded gains, driven by optimism in banking, IT, and infrastructure stocks.  

Key Highlights  

• Indian rupee closed at 90.8825 per US dollar, up 0.1% from the previous close of 90.9825  
• Nifty 50 index provisionally ended 0.55% higher at 25,713 points  
• Market sentiment supported by strong buying in banking, IT, and infrastructure sectors  
• Global cues remained mixed, but domestic resilience boosted investor confidence  
• Analysts expect continued volatility amid global interest rate concerns and commodity price fluctuations  

Strategic Impact  
The rupee’s appreciation reflects stable foreign inflows and improved investor confidence in India’s macroeconomic fundamentals. Meanwhile, the Nifty’s upward momentum highlights optimism around corporate earnings and infrastructure-led growth. Together, these trends reinforce India’s position as a resilient market amid global uncertainties, with analysts projecting steady medium-term growth.  

Sources: Economic Times, Business Standard, Reuters Market Report