Stock Market Today Highlights: Sensex jumps 480 points, Nifty 50 ends above 25,700; PSU Banks, auto stocks shine

Stock Market Today Highlights: The news of the Supreme Court's decision on the Trump tariff caused the Indian indices to open the day higher than they had, but they later fell after taking into account other international uncertainties. Trump has slapped a 15% tax on all nations for the time being. This duty will only be in effect for 150 days, after which Congress must enact legislation to determine whether to keep the tariff in place or extend it. At 25,713 (up 0.55%), the Nifty 50 finished, while the Sensex closed at 83,294.66 (up 0.57%).

Stock Market Today LIVE: Sectoral wise, IT and Metals lagged while financial service, FMCG and auto were the gainers.

Stock Market Today LIVE: Hindalco Industries (down 2.08%), Wipro (down 1.89%), and Infosys (down 1.90%) ended as the top losers in the index.

Stock Market Today LIVE: As many as 35 stocks ended higher in the Nifty 50 index, among which Adani Ports (up 2.93%), Kotak Mahindra Bank (up 2.22%), and HDFC Life Insurance Company (up 1.89%)ended as the top gainers.

Stock Market Today LIVE: On the stock specific front, Adani Ports, Kotak Bank, HDFC Life and Dr Reddy were the top gainers while Hindalco, Wipro and Infosys were the top losers. One of the talking points of the day was the ₹590 Cr fraud of IDFC First bank at its Chandigarh branch. Even though the MD & CEO V. Vaidyanathan described the fraud as an isolated case, the stock opened gap down making a low of ₹66.8 (down 20%) and later closed at ₹70.04 (down ~16%).

Stock Market Today LIVE: Rupee ends at 90.88/$ against Friday’s close of 90.98/$

Stock Market Today LIVE: Vinod Nair, Head of Research, Geojit Investments, said; "The U.S. Supreme Court’s ruling against Trump’s reciprocal tariff policy was welcomed by domestic markets. Investors are awaiting more clarity on Trump’s revised strategy and the scope of renegotiations by other nations. A weaker U.S. dollar and declining 10‑year Treasury yields may add a near term caution in the global market.

Sectorally, the IT index faced pressure from unresolved concerns over AI‑driven disruption. Nonetheless, investors favored domestic themes, with banks, power, FMCG, and consumer discretionary stocks gaining traction on expectations of resilient demand and economic recovery."

Stock Market Today LIVE: Rupak De, Senior Technical Analyst at LKP Securities, said - "Following a gap-up start, the index retraced and slipped back below the 50DMA due to a lack of buying interest at higher levels. A flow of contradictory news kept the index confined roughly within the band of the 21EMA (25641) and the 50DMA (25737). India VIX remained elevated, while the index continued to hold above the 200DMA. The daily RSI remained indecisive despite a positive crossover. In the short term, the index may remain sideways unless it moves above 25750 or falls below 25600."

Stock Market Today LIVE: Sensex climbed 479.95 points to settle at 83,294.66; Nifty 50 advanced 141.75 points to 25,713.

Stock Market Today LIVE: IDFC First Bank, Vodafone Idea, Tata Silver Exchange Traded Fund, Morepen Laboratories, Tata Gold Exchange Traded Fund, Nippon India Silver ETF, Ola Electric Mobility, Filatex Fashions, and Easy Trip Planners were the most traded stocks, or most active stocks in terms of volume, on the NSE around 2 pm on the NSE.

Stock Market Today LIVE: Kaynat Chainwala, AVP Commodity Research, Kotak Securities, said - "WTI Crude oil prices are trading below $66/bbl, down more than 1% from last week’s close, as renewed optimism over a possible Iran nuclear agreement weighed on geopolitical risk premiums. Iranian Foreign Minister Abbas Araghchi reportedly said there is a “good chance” of reaching a diplomatic, win-win solution. Further adding to market uncertainty, Trump announced a fresh 15% global tariff aimed at preserving protective trade measures following the Supreme Court’s decision to strike down his emergency levies.

Oil prices may trade in a range ahead of a third round of U.S.–Iran nuclear talks scheduled for Thursday, while concerns over the future of U.S. trade agreements cloud the outlook for global growth and fuel demand. Meanwhile, prompt spread for Brent and WTI has narrowed to 43 cents and 18 cents, respectively, from more than $1 and 60 cents last month. While the market remains in backwardation, the tighter spreads suggest easing near-term supply tightness."

With reference to the reports of LCA Tejas fighter jet crash, Hindustan Aeronautics Ltd (HAL) clarified that the media reports on the incident were not correct.

“There has been no reported crash of the LCA Tejas. The event in question was a minor technical incident on ground. LCA Tejas maintains one of the world’s best safety records among contemporary fighter aircraft. As a standard operating procedure, the issue is being analysed in depth and HAL is working closely with the Indian Air Force (IAF) for a speedy resolution,” said HAL in a regulatory filing on February 23.

HAL share price was trading 3.63% lower at ₹4,021.25 apiece on the BSE.

Stock Market Today LIVE: TCS shares have fallen over 14% this February due to AI disruption fears and high US interest rates. On Monday, February 23, the IT stock dropped by 1% in intraday trade, despite positive market sentiment.

Stock Market Today LIVE: The company has been declared lowest bidder by Himachal Pradesh Power Corporation Ltd for construction of Renukaji Dam Project valued at Rs. 910.08 Crores

Stock Market Today LIVE: Olectra Greentech witnessed a notable increase of over 4% on Monday, following the announcement that its associate, Evey Trans Private Limited (EVEY), has been awarded two Letters of Award by the Telangana State Road Transport Corporation (TSRTC). These awards are for the supply, operation, and maintenance of 1,085 electric buses, signaling a promising opportunity for the company's growth in sustainable transportation.

Stock Market Today LIVE: Hareesh V, Head of Commodity Research, Geojit Investments Ltd, said - "Gold prices have risen amid Trump’s tariff turmoil and uncertainty surrounding their legality. Even if the Supreme Court views the tariffs as invalid, ongoing trade tensions may still pressure the US dollar and support bullion. Beyond tariffs, factors such as central‑bank buying, expectations of lower US interest rates, persistent geopolitical risks, and slower global growth could continue to underpin gold in the long run, keeping its overall outlook constructive."

The Securities and Exchange Board of India (Sebi) will look into representations by stockbrokers seeking a rethink of new norms issued by the Reserve Bank of India (RBI) that require banks to tighten funding to proprietary traders under capital market exposure rules.

Sebi chief Tuhin Kanta Pandey at an event on Monday, “We have received a representation. I saw it on Friday, and we will see we need to do on that because RBI had initially issued draft guidelines and sought their opinion, and many of them would have done it." He added, "There are three or four issues. So basically it is a battle with the Reserve Bank of India.”

After rising over 4% last week, ITC shares are witnessing some profit booking. The FMCG stock declined by almost 1% in intraday trade on Monday, February 23, despite positive market sentiment. ITC share price opened flat at ₹327 against its previous close of ₹327 and dropped 0.80% to an intraday low of ₹324.40 on the NSE. Meanwhile, equity benchmark Nifty 50 climbed by 0.80% to an intraday high of 25,771 on Monday.

AXISCADES Technologies announced a new win in the Defence division by its subsidiary Mistral Solutions Pvt. Ltd. Mistral Solutions announced the receipt of an order valued at approximately ₹25 crore under the prestigious LCA Mk1A programme of Hindustan Aeronautics Limited (HAL). Under this order, Mistral Solutions will supply Single Board Computer, further contributing to the LCA Mk1A program for HAL.

India Inc.’s earnings momentum remained resilient in the third quarter of FY25-26, with small-cap companies emerging as the strongest contributors to earnings growth, according to a report analysing the third quarter performance of listed companies by Equirus. The 3QFY26 earnings review reveals that the Equirus Universe of over 250 stocks delivered a third consecutive quarter of double-digit earnings growth. Small cap companies emerged as the standout performers, posting a robust 22% year-on-year (YoY) earnings surge — outpacing their mid-cap and large-cap counterparts and signalling a broadening of India's corporate earnings recovery.

Indian IT stocks declined as much as 2.5% in Monday’s trading session after brokerage firm Jefferies downgraded the sector, stating that the pain caused by artificial intelligence-triggered disruption is not yet over. Overall, the Nifty IT index lost 1.33% or 400 points today, taking the month-to-date fall to 19.5%. According to Jefferies, despite a 16% fall YTD, IT stocks still offer higher downside than upside. It lowered its earnings per share (EPS) estimates by 1-4%, and cut target prices by up to 33%.

In a conference call on February 23, IDFC First Bank’s management clarified that the fraud incident was restricted to only the Chandigarh branch and did not involve any other locations across its network of over 1,000 branches. It said that the employees allegedly involved have been suspended, and police complaints have been filed.

Vinay Rajani of HDFC Sec suggests these 2 ETFs to buy in the near-term

HDFC Gold Exchange Traded Fund (HDFCGOLD) | Buy | Target ₹145 | Stop- loss ₹128

CPSEETF | Buy | Target ₹107, 111 | Stop-loss ₹96

Shree Ram Twistex IPO opened for subscription on Monday and will close on Wednesday, February 25. The IPO has been priced in a band of ₹95 to ₹104 per share.

Brokerage firm Swastika Investmart has given an ‘Avoid’ rating to Shree Ram Twistex IPO, citing valuation concerns. It noted that the issue is priced at around 29x–30x P/E, which already factors in much of the company’s future growth.

“Overall, it is suitable only for high-risk, long-term investors. Avoid for investors seeking listing gains or safe, value-based entries. The IPO appears fully priced to overvalued, leaving little ‘margin of safety’ for retail investors,” said the brokerage firm.

Stock Market Today LIVE: Immediate support for Bank Nifty is placed at 61,000 – 60,900, while stronger demand lies at 60,600 – 60,500, aligned with the rising trendline; holding above this zone keeps the broader bullish structure intact. On the upside, resistance is seen at 61,500 – 61,800, and a decisive breakout above this band could accelerate gains toward 62,000 and potentially fresh record highs. Momentum remains strong with a firm higher high–higher low formation and positive buy signals, keeping the bias positive as long as the index sustains above 61,000, said Ponmudi R, CEO of Enrich Money.

Gaudium IVF IPO has been subscribed 1.75 times in total so far on Tuesday, the second day of the bidding period, NSE data showed. The public issue received bids for 2.55 crore equity shares as against 1.46 crore shares on the offer.

Gaudium IVF IPO has been subscribed 2.51 times in the Retail Individual Investors category, and 2.28 times in the Non Institutional Investors (NII) segment. The Qualified Institutional Buyers (QIBs) category received 1% subscription so far, according to NSE data as at 11:30AM.

Stock Market Today LIVE: IDFC First Bank share price has broken below its crucial support zone of ₹77–78 with strong volume, signaling a shift in trend from bullish to bearish. The stock is now trading below all major exponential moving averages — 20, 50, 100, and 200 EMAs — confirming both short-term and long-term weakness. The RSI stands at 23.83, significantly below its 14-period average of 48.59, indicating oversold conditions following heavy selling pressure. Immediate support is placed near the recent low around ₹66–67, a level that has been tested multiple times previously. Resistance is now seen at ₹77, which will act as a key hurdle for any recovery, said Drumil Vithlani, Technical Analyst at Bonanza.

The Indian stock market indices traded off-highs. The BSE Sensex was up 329.18 points, or 0.40%, at 83,143.89, while the Nifty 50 was trading 98.25 points, or 0.38%, higher at 25,669.50.

Stock Market Today LIVE: Nifty 50 reclaimed its key 20-, 50-, and 100-day EMAs, signaling improving short-term strength. Immediate support is placed at 25,500 – 25,600; a breach of this zone could trigger a pullback toward 25,400 – 25,300. On the upside, 25,800 acts as the near-term resistance and key supply zone, with a breakout required for further acceleration toward the 26,000 psychological mark. Momentum indicators are turning constructive, with RSI moving above 50 and gradually rising, while MACD has flipped positive. Overall bias remains mildly positive, and sustained holding above support levels would favor continuation of the upward move, said Ponmudi R, CEO of Enrich Money.

Stock Market Today LIVE: DEE Development share price rallied for the second straight session on Monday, gaining as much as 14.9% to ₹266.00 apiece on the BSE, after the company announced that its subsidiary DEE Piping Systems has secured a new order from Bharat Heavy Electrical Limited (BHEL).

DEE Development said that its material subsidiary has secured a new contract from BHEL for the manufacturing and supply of Critical Piping solutions on a job work basis. The total amount of the order aggregates to ₹173 crore, as per the exchange filing.

Stock Market Today LIVE: Silver prices moved higher as the dollar weakened amid lingering uncertainty over the fate of trade agreements negotiated with the US, while tensions between the US and Iran also stayed in focus. Markets were unsettled after the US Supreme Court curtailed President Donald Trump’s tariff authority, supporting demand for safe-haven assets. Gold prices also climbed to a three-week high. MCX silver price jumped 6.3% or ₹15,931 to ₹2,68,875. MCX gold price, on the other hand, added 1.4% or ₹3,724 to ₹1,60,600.

Stock Market Today LIVE: With the overnight developments, ~55% of India’s exports will now face only 15% tariffs, while ~40% will remain exempt (electronics, pharma, petroleum products, etc). The rest will face their respective Section 232 tariff rates, but India does not export much of these goods to the US. As a result, India’s effective tariff rate is now likely to be 11-13%. This compares favorably to China, whose effective rate is likely to be above 15%, while most other Asian peers will have similar effective tariff rates to that of India, said Madhavi Arora, Lead – Economist at Emkay Global Financial Services Ltd.

India is also likely to take another look at its trade deal with the US, amid relaxed tariffs. India is prima facie free to resume purchases of Russian crude oil, but may not choose to do so, to keep good terms with Trump. Nevertheless, we think it is likely that the deal will be renegotiated with a view toward making it more equitable, with India under less pressure now to make large concessions, she added.

Stock Market Today LIVE: UPL share price cracked 10% after the company announced a group structuring plan to integrate its Indian and overseas crop protection businesses, prompting negative reactions from brokerages and investors. UPL shares fell as much as 13.48% to ₹650.40 apiece on the BSE.

Stock Market Today LIVE: India has already delayed the visit of its trade negotiating team to the US in the light of the changed scenario. This is a welcome move. From the market perspective the SCOTUS decision is indeed a positive, but this is not sufficient to trigger a sustained rally in the market. The market will see only a relief rally which is unlikely to sustain. The market will respond only to the fundamentals, which are fortunately improving, said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

Stock Market Today LIVE: RailTel Corporation of India share price jumped over 4% after the company in consortium with M/s Ashoka Buildcon received the Letter of Intent (LoI) from the Inspector General Of Registration for a contract worth ₹1,136.18 crores.

Stock Market Today LIVE: Union Bank of India, Axis Bank, Bank of Baroda, Punjab National Bank and HDFC Bank were the top gainers on Bank Nifty index, while IDFC First Bank and AU Small Finance Bank were the only index losers.

Stock Market Today LIVE: Adani Ports & SEZ, Axis Bank, Kotak Mahindra Bank, HDFC Bank and Mahindra & Mahindra (M&M) were the top gainers on Sensex.

Stock Market Today LIVE: Silver prices on MCX jumped over 5%. MCX silver rate today opened higher by ₹10,117, or 4%, at ₹2,63,061 per kilogram as against its previous close of ₹2,52,944 level. The white metal extended rally and MCX silver price was trading higher by ₹13,971, or 5.52%, at ₹2,66,915 level.

Stock Market Today LIVE: IDFC First Bank shares hit its 10% lower circuit of ₹75.21 after the lender informed stock exchanges that it had uncovered fraudulent transactions worth around ₹590 crore at one of its branches in Chandigarh, allegedly involving a few employees. As per IDFC First Bank, the issue came to light after it received a request from a department of the Haryana government seeking closure of its account and transfer of funds to another bank. During this process, the bank noticed discrepancies between the amount mentioned in the request and the actual balance in the account, prompting a deeper review.

Stock Market Today LIVE: Gold and silver prices opened sharply higher on Monday. MCX gold rate today for April futures contracts opened higher by ₹1,582, or 1%, at ₹1,58,458 per 10 grams as against its previous close of ₹1,56,876 level. MCX gold price was trading up by ₹2,979.00, or 1.90, at ₹1,59,855 level.

Stock Market Today LIVE: The Indian stock market extended rally after opening marginally higher. The Sensex jumped 594.26 points, or 0.72%, to trade at 83,408.97, while the Nifty 50 was up 176.10 points, or 0.69%, at 25,747.35.

Stock Market Today LIVE: The Indian stock market opened marginally higher on Monday. The Sensex opened 92.12 points, or 0.11%, higher at 82,906.83, while the Nifty 50 gained 107.15 points, or 0.42%, to open at 25,678.40.

Stock Market Today LIVE: The Indian rupee opened 18 paise higher at 90.76 against the US dollar as compared to its previous close of 90.94 a dollar.

Stock Market Today LIVE: Sumeet Bagadia recommended these five breakout stocks to buy today: Bajaj Consumer Care, Happy Forgings, Yatharth Hospital & Trauma Care Services, Mahindra Logistics, and Torrent Power.

Stock Market Today LIVE: Regarding stocks to buy today, stock market experts — Sumeet Bagadia, Executive Director at Choice Broking, and Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher — recommended buying these five buy-or-sell stocks: Vardhman Textiles, ABSLAMC, BHEL, Cummins India, and JSW Energy.

Stock Market Today LIVE: IDFC First Bank, Bharti Airtel, UPL, Cipla, RailTel Corporation of India, Vikram Solar, Highway Infrastructure and Allcargo Terminals are among stocks to watch today.

Stock Market Today LIVE: Nifty 50 rose 0.39% last week and formed a green candle with a long upper wick on the weekly chart, highlighting selling pressure and profit booking at higher levels, indicating supply dominance near the top zones. Read here

Stock Market Today LIVE: Gift Nifty, Trump tariffs developments, US-Iran nuclear talks to gold and silver prices, here are 10 key things that changed for the Indian stock market over the weekend.

Stock Market Today LIVE: Bitcoin prices declined amid fresh nervousness over the status of US tariffs. Bitcoin price fell as much as 4.8% to nearly $64,300, its lowest since February 6. Other tokens fared worse, with Ether prices retreated 5.2%.

Stock Market Today LIVE: Gold prices rose to a more than three-week high, as the dollar fell after the US Supreme Court struck down a vast swathe of President Donald Trump’s tariffs and as US-Iran tensions simmered. Spot gold price rallied 1.2% to $5,163.60 per ounce, hitting a more than three-week high. US gold futures for April delivery increased 2% at $5,184.90.