Nifty 50, Sensex Extended Gains; India And France Signed An Amending Protocol & More
- Share.Market
- 10 min read
- 23 Feb 2026
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.
Nifty 50 and Sensex ended the first session of the week on a positive note, driven by a rally in PSU bank and financial services stocks. While domestic sentiment remained resilient, the IT sector slipped nearly 2% as investors turned cautious following US President Donald Trump’s decision to hike global tariffs in response to a US Supreme Court verdict.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
PINELABSPine Labs announced winning landmark multi-year contracts from three major Indian Oil and Marketing Companies: BPCL, HPCL, and IOCL. The fintech platform will deploy and manage nearly 130,000 digital payment acceptance devices at petrol pumps nationwide, modernising fuel retail commerce with a swifter, secure payment infrastructure.
ADANIPORTSAdani Ports raised ₹1,000 crore through the private placement of 5-year Non-Convertible Debentures. Furthermore, its subsidiary, Adani Gangavaram Port, signed a strategic MoU with NMDC and Brazil’s Vale S.A. to develop an integrated iron ore blending facility and SEZ, aiming to boost regional export capacity to 75 MMT.
RAILTELRailTel, in consortium with Ashoka Buildcon, received a Letter of Intent from the Inspector General of Registration. The five-year contract is expected to have a financial impact of approximately ₹1,136.18 crore.
BALRAMCHINBalrampur Chini Mills secured its first institutional order for its PLA vertical, Balrampur Bioyug, from the Lucknow Cantonment Board. The order for 100% compostable PLA products, including bags and bottles, marks a significant step for India’s bio-based materials ecosystem ahead of the company commissioning its new manufacturing unit.
IDFCFIRSTBIDFC First Bank shares crashed after the lender disclosed a ₹590 crore fraud at a Chandigarh branch involving accounts of a Haryana Government department. The bank suspended four officials and appointed KPMG for a forensic audit. The CEO clarified that the incident was physical, not digital, and stated that systems are intact.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
Top Gainers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 20 Feb 2026 | -934.61 | 2,637.15 |
| 19 Feb 2026 | -880.49 | -596.28 |
| 18 Feb 2026 | 1,154.34 | 440.34 |
| 17 Feb 2026 | 995.21 | 187.04 |
| 16 Feb 2026 | -972.13 | 1,666.98 |
| Month-to-Date | -2,011.24 | 14,111.18 |
What’s Happening Beyond Markets?
- As per the Ministry of Finance, India and France signed an Amending Protocol updating their Double Taxation Avoidance Convention. The agreement provides full taxing rights on capital gains from share sales to the resident company’s jurisdiction, aiming to boost bilateral investments and tax certainty.
- 70% of global GDP and two-thirds of global trade are now open to India, according to Union Minister Piyush Goyal. Through nine Free Trade Agreements, India has secured preferential access across 38 highly developed economies, paving the way for broad-based export growth.
- According to Finance Minister Nirmala Sitharaman, the government is closely monitoring gold prices. While gold typically sees seasonal spikes during festivals, she stated prices haven’t crossed “certain limits.” Furthermore, the RBI confirmed that the overall order value of gold imports hasn’t increased recently.
- India’s overall corporate salary increments are projected at 9.1% in 2026, according to a report by EY Future of Pay. Global Capability Centers (GCCs) will lead this growth with a 10.4% hike, driven by sustained global demand and a scarcity of specialised digital skills.
Back to Basics
Terms that put you one step ahead – every day
What is Anchoring Bias?
Anchoring Bias refers to a cognitive flaw where individuals rely too heavily on the first piece of information they receive, the “anchor,” when making decisions. In the stock market, this often occurs when an investor fixates on a stock’s past high or their initial purchase price. Even if the company’s fundamentals permanently deteriorate, they hold on, irrationally expecting the stock to bounce back to that specific anchor.
This psychological trap prevents individuals from adapting to new realities, often causing them to ride a losing stock all the way to the bottom. For investors, overcoming anchoring bias is crucial; it serves as a reminder to continuously evaluate an asset based on its current fair value and prospects, rather than being weighed down by irrelevant historical numbers.
Corporate Actions
Companies with the ex date and record date on 25 February 2026
| Company | Corporate Action |
| NBCC (India) Ltd. | Interim Dividend ₹0.12 |
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.
