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Monday, 23 February 2026 | 4:02 pm IST | 📍 Mumbai
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MARKET UPDATE

Sensex surges 500+ points, Nifty crosses 25,700 after US Supreme Court strikes down Trump tariffs

Indian markets open gap-up on Monday as Gift Nifty signals strong rally. Banking stocks lead gains while IT sector faces pressure. Adani Ports surges 3%, private banks shine.

Index / Stock Closing Level Change % Change Day's Range
Sensex 83,216.63 ▲ 401.92 +0.49% 82,900.00 - 83,350.00
Nifty 50 25,721.05 ▲ 149.80 +0.59% 25,600.00 - 25,780.00
Bank Nifty 61,500.00 ▲ 328.00 +0.54% 61,200.00 - 61,750.00
Nifty IT 31,850.00 ▼ 154.00 -0.48% 31,800.00 - 32,100.00
Nifty Midcap 100 59,850.00 ▲ 50.00 +0.08% 59,600.00 - 60,000.00
Nifty Smallcap 100 17,050.00 ▲ 25.00 +0.15% 16,950.00 - 17,150.00
India VIX 14.25 ▲ 0.79 +5.87% 13.80 - 14.40
USD/INR 90.73 ▲ 0.21 +0.23% 90.65 - 90.85
Gold (MCX) 87,250.00 ▲ 400.00 +0.46% 87,000.00 - 87,400.00

Today's Market Updates

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RECORD
DERIVATIVES

Gift Nifty hits all-time high single day turnover of $23.48 billion

Derivatives exchange achieves historic milestone as global investors flock to Indian markets following US tariff verdict. Trading volume surges 40% week-on-week.

ENERGY
OIL & GAS

Crude oil declines on hopes of progress in US-Iran nuclear talks

Brent crude falls below $70 per barrel as diplomatic channels open. OPEC+ supply concerns ease amid potential Iranian supply return.

FOREX
CURRENCY

Rupee rises 21 paise to 90.73 against US dollar in early trade

Indian currency strengthens on positive equity market sentiment and dollar weakness following US tariff setback. Exporters rush to hedge positions.

COMMODITY
PRECIOUS METALS

Gold rises to three-week high as dollar falls on US tariff verdict

Yellow metal climbs to $2,950/oz as investors seek safe-haven assets. Physical demand from India and China remains strong.

STOCKS
INFRASTRUCTURE

Adani Ports surges 3% to lead Nifty 50 gainers

Logistics major benefits from improved global trade outlook. Company reports record cargo handling in February month-to-date.

BANKING
FINANCIALS

Private banking stocks shine: HDFC Bank, ICICI Bank lead gains

Banking sector outperforms as credit growth outlook improves. HDFC Bank up 1.8%, ICICI Bank gains 1.5% in early trade.

TECH
TECHNOLOGY

IT stocks under pressure: DeepSeek AI competition worries persist

TCS, Infosys, Wipro trade lower as Chinese AI models disrupt global tech landscape. Margins concerns weigh on sector sentiment.

EARNINGS
GLOBAL TECH

Nvidia earnings due Feb 25: AI chip demand in focus amid market volatility

Semiconductor giant's quarterly results seen as bellwether for AI trade. Revenue growth expected to moderate but remain robust.

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