Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.


Indian equity benchmark indices, Sensex and Nifty 50, plunged over 1% on Tuesday, February 24, driven by a sell-off in IT stocks. Most sectoral indices ended lower with Nifty IT emerging as the top loser, slipping nearly 5%, fueled by fears of artificial intelligence disrupting the traditional labour-arbitrage model following new product launches by global AI firms. 

Key Indices – Share Market

Today’s Top News from the Indian Share Market

Waaree Energies Ltd.WAAREEENER₹3,023.50 +3.69%

Waaree Energies’ subsidiary has signed an “Electrolyzer as a Service” agreement with ZFI for a 2.5 MW project in Uttar Pradesh, alongside a 50 MW strategic MoU. Additionally, the company secured a 500 MW solar module supply order from a renowned independent power producer.

Eris Lifesciences Ltd.ERIS₹1,384.60 +2.36%

Eris Lifesciences has entered a strategic partnership with Natco Pharma to commercialise Semaglutide in India. This collaboration targets the high-growth diabetes and weight management segment, combining Eris’s strong commercial presence with Natco’s manufacturing expertise in complex formulations.

Kalpataru Projects International Ltd.KPIL₹1,205.40 +1.55%

Kalpataru Projects International is set to acquire the remaining 35% stake in its Saudi Arabian joint venture, Kalpataru IBN Omairah Company, for SAR 10 million. Expected to close by May 2026, this cash deal will make the entity a wholly-owned subsidiary.

KEC International Ltd.KEC₹590.70 +1.38%

KEC International has bagged new orders worth ₹1,002 crore. The contracts include T&D projects in India, the Americas, and international markets, along with various orders for the supply of cables and conductors in both domestic and overseas territories.

Hindustan Zinc Ltd.HINDZINC₹597.35 +1.10%

Hindustan Zinc has signed an MoU with Tripura Group to operationalise a unit within its new “Zinc Park” in Rajasthan. The agreement ensures raw material linkage and long-term offtake, supporting India’s first integrated downstream industrial hub for zinc-based value chains.

Bharti Airtel Ltd.BHARTIARTL₹1,941.00 -2.82%

Bharti Airtel announced a ₹20,000 crore capitalisation plan for its NBFC, Airtel Money Limited, to be injected over the next few years. Despite a high-performance credit engine with ₹9,000 crore in disbursements already achieved, the stock traded lower following the announcement.

Broader Market Performance Today

Nifty Midcap 150NIFTY MIDCAP 150₹21,820.20 -0.28%

Nifty Smallcap 250NIFTY SMLCAP 250₹15,933.05 -0.59%

India VIXINDIA VIX14.15 -0.14%

Top Performing Sectors Today

*Prices shown may have delay up-to 15 minutes

Today’s Top Gainers and Losers

*Prices shown may have delay up-to 15 minutes

FII DII Activity (₹ Cr)

Date FII (Net Value)DII (Net Value)
23 Feb 20263,483.70-1,292.24
20 Feb 2026-934.612,637.15
19 Feb 2026-880.49-596.28
18 Feb 20261,154.34440.34
17 Feb 2026995.21187.04
Month-to-Date1,472.4612,818.94

What’s Happening Beyond Markets?

  • As per the NITI Aayog report, the government has launched the National Monetisation Pipeline 2.0 (NMP 2.0), targeting ₹16.72 lakh crore from 12 sectors over five years. This second phase, covering FY26 to FY30, includes a projected private sector investment of ₹5.8 lakh crore.
  • India’s commercial vehicle industry saw a 27% year-on-year volume jump in January, with domestic wholesales reaching 99,544 units, as per ICRA. This surge was mainly driven by the GST rate cut from 28% to 18% and increased freight activity across the country.
  • The Ministry of Electronics & IT noted that the New Delhi Declaration on AI Impact now has 91 signatories, as Bangladesh, Costa Rica, and Guatemala joined the framework. The declaration establishes seven “Chakras” to structure global cooperation for secure and trusted AI.
  • India’s e-commerce market is projected to reach $300 billion by 2030, surging from its current $120-140 billion range, according to a report by Boston Consulting Group (BCG). The growth is fueled by an expanding shopper base of 440 million users and the rise of quick commerce.
  • The Tamil Nadu cabinet has approved ₹31,592 crore in investments for 46 new and expansion projects. Spanning sectors like semiconductors and aerospace, these initiatives are expected to generate over 61,500 jobs across multiple districts in the state.

Back to Basics

Terms that put you one step ahead – every day

What is Availability Bias?

Availability Bias is a mental shortcut where investors judge the likelihood of an event based on how easily examples come to mind. If you’ve recently seen headlines about a “market crash” or a “tech boom,” your brain trickles into believing those outcomes are more probable than they actually are.

In the stock market, this often leads to trend-chasing. Investors might pour money into a sector simply because it’s dominating the news cycle, or panic-sell during a minor dip because a recent recession is still fresh in their memory. By overvaluing “loud” or recent information, we often ignore long-term data and cold, hard statistics. Overcoming this bias requires stepping back from the noise and focusing on a broad set of facts rather than just the most memorable ones.

Corporate Actions 

Companies with the ex date and record date on 26 February 2026

CompanyCorporate Action
Angel One Ltd.Stock Split from ₹10/- to ₹1/-

Before You Go…

Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.

We’ll be back to cut through the noise, so you can focus on investing intelligently.