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Full issue · 2026-02-20

Market Pulse: 20 February 2026 - Pre-Market Update

Market Pulse - Friday, 20 February, 2026
Nifty 25,454.35 (-1.41%) • FII Sold ₹880.49 Cr
Market Pulse Friday, 20 February, 2026
Market Snapshot
📊
Nifty 50
25,454.35
-1.41%
📈
Sensex
82,498.14
-1.48%
🏦
Bank Nifty
60,739.55
-1.32%

The Indian stock market experienced a significant downturn today, with Nifty 50 and Sensex dropping over 1.4%. This decline was largely driven by geopolitical tensions in Iran pushing up oil prices, which inflated India's import bill and added pressure on inflation. The Federal Reserve's unexpected hawkish stance also contributed to the negative sentiment, as investors feared potential FII outflows seeking higher yields in the US. Meanwhile, a muted start in global markets further dampened investor confidence in Indian equities, as concerns over US-Iran tensions linger.

The Big Story
📰 FEATURED

Adani Group invests $100bn in India’s renewable-powered AI data centres

EnergyITInfra

Major positive catalyst for India's renewable and tech sectors; consider long-term investments.

WHY IT MATTERS
Adani's massive investment in renewable energy and AI data centers is a significant boost to India's infrastructure and tech sectors.
Quick Takes
global macro • negative
Asian stocks fall, oil climbs with Iran in focus
Prepare for potential volatility in energy and banking sectors due to geopolitical tensions.
Read full report →
sector • positive
Reliance unveils $110B AI investment plan as India ramps up tech ambitions
Reliance's AI focus could significantly enhance its tech capabilities and market share.
Read full report →
india macro • positive
AI investments surge in India as tech leaders convene for Delhi summit
AI sector poised for growth; strategic investments in tech firms recommended.
Read full report →
commodities • negative
Stocks pull back from rally as oil surges amid US-Iran tensions
Short-term pressure on oil-dependent stocks expected; monitor USD/INR levels.
Read full report →
company • positive
India's Reliance to build AI data centres in $110 billion investment push
Reliance's strategic investment positions it as a leader in India's AI infrastructure.
Read full report →
global macro • negative
Fed's surprise hawkish shift could lead to collision course with Trump
Expect pressure on Indian equities as hawkish Fed may trigger FII outflows.
Read full report →
FII / DII Activity
FII/FPI
Sold
₹880.49 Cr
DII
Sold
₹596.28 Cr

FIIs sold ₹880.49 Cr, DIIs sold ₹596.28 Cr today.

Market Breadth

Advances: 678 · Declines: 1009 · A/D Ratio: 0.67

Mixed participation across market

Sector Performance
Pharma
-0.5%
IT
-1.1%
Energy
-1.2%
Metal
-1.2%
PSU Bank
-1.2%
Bank
-1.3%
Fin Services
-1.4%
FMCG
-1.8%
Infra
-1.8%
Auto
-2.1%
Media
-2.2%
Realty
-2.6%

Pharma, IT led gains while Media, Realty underperformed. Defensive sectors outperforming suggests risk-off sentiment.

Technical Levels
Nifty 50
Support 25,457 / 25,460
Resistance 25,640 / 25,825
Bank Nifty
Support 60,695
Resistance 61,191

Nifty is in sideways trend. Trading above 200 DMA indicates medium-term strength. Short-term momentum is weak.

Global Cues

 |  S&P Futures: -0.11%

Global cues mixed; expect range-bound opening

Commodities & Forex
Gold
₹1,54,700
-0.08%
Silver
₹2,41,400
+0.00%
USD/INR
Rs 91.02/USD
+0.02%
Macro / Economic Events
📌 RBI Monetary Policy Decision
Looking Ahead
👀 RBI Monetary Policy Decision
Corporate Actions
Nestle
European Stocks Steady After Mixed Earnings From Nestle, Airbus
ICICI Prudential
AMC gets new 'Buy' from Antique on 'superior execution'

DISCLAIMER

This newsletter is for informational and educational purposes only. It is not investment advice. Markets are subject to risks, and past performance is not indicative of future results. Consult a registered financial advisor before making investment decisions. We are not registered investment advisors with SEBI or any other regulatory body.

AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.

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