Stock Market Today: February 24, 2026 – Nifty & Sensex Update
Stock Market Today: February 24, 2026 – Nifty & Sensex Update
Indian equity markets displayed a mixed trend in a volatile session on February 24, 2026. The stock market today reflected cautious investor sentiment amid global economic uncertainties and domestic corporate earnings reports. The BSE Sensex ended lower at 82,814.71 points, down by 1.10% from the previous session, while the NSE Nifty 50 closed at 24,310.90, registering a decline of 0.92%.
Intraday Performance of BSE Sensex and NSE Nifty 50
- BSE Sensex: Opened at 83,132.08, traded between 82,206.21 and 83,132.08, and closed at 82,814.71.
- NSE Nifty 50: Opened near 24,550, ranged between 24,230 and 24,580, closing at 24,310.90.
Stock market today sectoral and stock performance overview
The sectoral performance showed a split landscape. Metal and pharmaceuticals witnessed gains driven by strong quarterly results and demand outlook, with metal stocks rising approximately 1.5%. In contrast, IT and banking sectors faced pressure amid mixed earnings results and concerns over margin pressures. IT stocks dipped by nearly 1.2%, and banking declined by around 0.8%.
Top Gainers
- Tata Steel: +2.87%
- Dr. Reddy’s Laboratories: +2.10%
- Sun Pharma: +1.68%
- Hindustan Zinc: +1.45%
- Coal India: +1.40%
Major Losers
- Infosys: -1.85%
- HDFC Bank: -1.10%
- Tata Consultancy Services (TCS): -1.45%
- ICICI Bank: -0.95%
- Larsen & Toubro (L&T): -0.85%
Market Drivers and Key Factors
- Global Cues: Global equity markets remained subdued following weak manufacturing data from Europe and Asia, impacting trade sentiment.
- Domestic Earnings: Mixed corporate earnings results kept investors wary, especially in the IT and banking sectors.
- Currency Impact: The Indian Rupee weakened marginally, closing near 82.80 against the US dollar, adding to cost concerns for import-dependent sectors.
Market Breadth and Volume
Market breadth was negative with advancing stocks outnumbered by decliners. BSE reports showed 1,350 gainers against 2,100 losers among 3,700 stocks traded. This reflects the cautious stance among investors despite selective sectoral buying.
Outlook and Technical Levels
Technical analysts indicate immediate support for Nifty at 24,250, with resistance near 24,550. The Sensex has support at 82,600 and faces resistance near 83,200. Sustained trading below these levels may lead to further correction; however, strong domestic consumption and upcoming earnings could provide support.
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Summary
The stock market today presented a cautious picture with the Nifty and Sensex seeing declines led by IT and banking stocks amid mixed earnings and global headwinds. Investors are advised to monitor global economic updates and domestic corporate results closely for the coming sessions.
