Markets bounce back; Nifty above 25,600, Sensex up 650 pts

The domestic share market indices traded positive on Monday driven by strong buying interest in power, energy, realty, and financial stocks, which helped lift overall market sentiment despite intraday fluctuations.At close, the Sensex was up 650.39 points or 0.79 percent at 83,277.15, and the Nifty was up 211.65 points or 0.83 percent at 25,682.75.
Power Grid Corporation, Coal India, HDFC Bank, Adani Enterprises and Max Healthcare were the top gainers on the Nifty, while losers included Tech Mahindra, Bajaj Finance, Maruti Suzuki, Eicher Motors and Tata Motors Passenger Vehicles.On the sectoral front, Power, PSU Bank, Realty, Private Bank, Infra, capital goods, energy indices gained 1-2 percent, while media and auto shed 0.5-1%.Broader markets lagged the benchmarks, as the Nifty Midcap index gained 0.5 percent, while the Smallcap index closed largely unchanged.
Rupee Close:
On 16 Feb'26,the Indian rupee settled flat at 90.66  against the U.S. dollar in a range-bound trade on Monday , as positive momentum in domestic equities was offset by a strong US dollar in the overseas market.According to forex traders, lower crude oil prices supported the local unit, while foreign fund outflows limited its movement.
Trading Guide:
Market experts recommended three shares to buy on Monday-LT Foods, Pricol, CIE Automotive India, Ajanta Pharma, and Sterlite Technologies

(Business Correspondent)