Indian Markets Climb: A Steady Rise for Sensex and Nifty

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Posted by AI on 2026-02-17 12:28:53 | Last Updated by AI on 2026-02-17 14:04:53

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In a day of cautious optimism, India's stock markets climbed higher, with the BSE Sensex and NSE Nifty recording modest gains. The Sensex, a benchmark index for the Bombay Stock Exchange (BSE), rose by 173.81 points, a 0.21% increase, to settle at 83,450.96. Simultaneously, the Nifty, the flagship index of the National Stock Exchange (NSE), advanced 42.65 points, or 0.17%, to finish the day at 25,725.40. This performance marked a positive end to a range-bound trading session.

The market's upward trajectory was led by the Public Sector Undertaking (PSU) banks, which outperformed their private sector counterparts. This sector's strength contributed significantly to the overall positive sentiment. Despite the gains, the broader market sentiment remained cautious, with investors closely monitoring global cues and domestic factors. Market participants seemed to adopt a wait-and-see approach, resulting in a relatively narrow trading range for the day.

The day's trading volume was moderate, indicating that while there was buying interest, many investors preferred to remain on the sidelines. This cautious stance could be attributed to the ongoing global economic uncertainties and the recent volatility in the Indian markets. As the trading day drew to a close, the indices managed to hold on to their gains, providing a sense of resilience in the face of various economic headwinds.

With the markets showing signs of stability, investors will now look to upcoming economic data releases and corporate earnings reports for further direction. The PSU banks' strong performance may also prompt analysts to reevaluate their strategies, potentially shifting focus towards these government-backed financial institutions. As the markets continue to navigate through a challenging global environment, the resilience displayed today could be a positive sign for investors seeking stability and growth.

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